Asset equals liability plus capital.Select one:a.Product costsb.Postingc.Accounting Equationd.Trial Balance
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Solution 1
The answer is c. Accounting Equation. This is because the fundamental concept of accounting is that the total assets of a company are always equal to the sum of its liabilities and capital (or equity). This is known as the accounting equation. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered stud
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