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Accounting Equation

The accounting equation!


on 1 December 2010

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Transcript of Accounting Equation

Accounting Equation Assets = Liabilities + Equities Assets Cash
Accounts Receivable
Interest Receivable
Rolling Stock
... Liabilities Equity Accounts Payable
Mortgage Payable
Bank Loan Payable
Vacation Payable
GST Payable
QST Payable
Corporate Taxes
... Captital
Owner's Withdrawal
Retained Earnings
Current Earnings
Full transcript