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what is an example of an accounting equation. Below are some examples of transactions and how they affect the accounting equation. Assets Liabilities Shareholders Equity.
Accounting Equation Definition Example History Definitions Accounting Equation from www.pinterest.com
Here is the full accounting equation for this example. The above accounting equation also can be written as. The new accounting equation would be.
Assets 60000 Liabilities Owners equity 40000.
Liabilities Assets Equity. Assets Liabilities Owners equity. Fundamental Accounting Equation. This shows all company assets are acquired by either debt or equity financing.
