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Transication Affects On Accounting Equation

This document discusses how transactions affect the accounting equation. The accounting equation states that assets must always equal liabilities plus owners' equity/capital. The document examines how different transactions can change the amounts of assets, liabilities, and owners' equity that are recorded on a company's balance sheet.

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RanaAbdulAziz
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0% found this document useful (0 votes)
37 views

Transication Affects On Accounting Equation

This document discusses how transactions affect the accounting equation. The accounting equation states that assets must always equal liabilities plus owners' equity/capital. The document examines how different transactions can change the amounts of assets, liabilities, and owners' equity that are recorded on a company's balance sheet.

Uploaded by

RanaAbdulAziz
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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EXERCISE/PROBLEM NO:

DATE:

TRANSICATION AFFECTS ON ACCOUNTING EQUATION


TRANSICATION ASSETS = LIBILITIES +

a b c d e f g h i j k l

NTING EQUATION
CAPITAL/ OWNERS EQUITITY

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