Difference between revisions of "Basic accounting equation"
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Revision as of 10:46, 17 December 2018
Basic accounting equation (alternatively known as byby; hereinafter, the byby) is .
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.
