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In your own words write and discuses the components of the accounting equation and its importance?...

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Accounting

In your own words write and discuses the components of theaccounting equation and its importance? and

in which financial statement, we can apply the accountingequation components?

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Accounting Equation states that all the total assets will equal the total liabilities and total equity shareholders equity It means when a business is stated the main source of funds will    See Answer
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