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Day: September 24, 2020

Bookkeeping

What is the Accounting Equation? Assets = Liabilities + Equity

Content What are 5 examples of liabilities? Company worth Bankrate Liabilities What is a recourse loan? Extended Accounting Equation The concept behind it is that everything the business has came from somewhere — either a third party, such as a lender, or an owner, such as a stockholder. Every dollar that a business holds is …

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