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Citation or the purpose of citation within an assignment is to present credits towards the owners whose Suggestions you may have utilized as part of your assignment. You have to Stick to the referencing design and style as per your university guideline. Effectively extra citations will increase the authenticity and originality of the create-up.

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Learn how accounting equation is calculated immediately after getting into account Every of the following transactions within the publications of Mr. A

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Investopedia defines the basic accounting equation as the foundation from the double-entry accounting method. This displays the company's equilibrium sheet using the corporate's assets or the sum of liabilities and cash/ shareholder's equity.

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Liabilities consist of money the company owes to help keep it operational. Overhead and operational charges, rents, taxes and salaries are all Element of the liabilities in a business, together with payable dividends.

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