Accounting Equation Explained & Simplified | Financial Accounting ch 1 part 4
Channel: Farhat Lectures. The # 1 CPA & Accounting Courses
Date: 2020-01-26

In this video, I explain the accounting equation. The accounting equation is considered to be the foundation of the double-entry accounting system. The accounting equation shows on a company's balance that a company's total assets are equal to the sum of the company's liabilities and shareholders' equity.

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