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The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
accounting is the calculation process of financial transaction
The accounting equation displays the relationship between capital, liabilities and the assets. The accounting equation shows that the assets are a sum of the liabilities and the invested capital.
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what is the relationships between statistics and accounting
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
A statement of relationship between two or more concepts describes how the concepts are connected or interact with each other. It can highlight similarities, differences, dependencies, or impacts between the concepts to better understand their relationship and implications.
accounting is the calculation process of financial transaction
I do not believe there is a relationship between chemistry (the science) and accounting
demand management and consumer relationship
Concepts tend to be written in the accounting standards whereas conventions are not and are assumed. Examples of concepts would be: Accruals concept, Prudence concept. Examples of conventions would be: double entry, accounting equation (assets - liabilities = capital)
The relationship between theories, concepts, and hypothesis is that a theory is a model of how concepts are related, the concepts are categorical ideas that are represented by our variables and hypothesis are predictions of how concepts are related, often deduced from a theory.
Relationship
questions about (a) the meaning of the concepts and(b) the relationship between them