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Elementary accounting equation helps you address a big range of complications in your papers. Whether it is an assignment pertaining to a company ownership or about calculating sole proprietorship, you are able to do it all working with fundamental accounting equation. Here are a few kinds of frequent problems that your accounting paper could comprise.

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Investopedia defines the basic accounting equation as the foundation of the double-entry accounting method. This shows the organization's balance sheet using the company's property or maybe the sum of liabilities and capital/ shareholder's fairness.

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