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Assets = Liabilities + Equity is the Balance Sheets Equation.

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16y ago

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Related Questions

Comparative balance sheet?

Comparative balance sheets are those in which compassion of two or more balance sheets are done in parallel.


When do you consolidate balance sheets?

When there is a relationship between companies as parent and child then it is time to consolidate the balance sheets.


Do you never balance and equation when solving?

No because you always keep an equation in balance when solving it


Who was the first iatrochemist to balance a chemical equation?

Jean Beguin was the first iatrochemist to balance a chemical equation.


Are balance sheets ordinarily projected after income statements?

Balance sheets are ordinarily projected after income statements because the firm's growth in retained earnings, an outcome of projected income, is a required input for the balance sheet.


Types of financial system?

cashflow,incomesystemand balance sheets


Balance sheets of five years in amway company?

yes


What does it mean a balance sheet does not balance?

my balance sheet does not balance why?


How do you balance this equation Cl NaI NaCl I?

To balance the equation Cl₂ + 2NaI -> 2NaCl + I₂ you need to ensure that the number of each element is the same on both sides of the equation. In this case, you balance the equation by adding a coefficient of 2 in front of NaCl and I₂ to balance the number of atoms of Na, Cl, and I.


The first step in undertaking any chemical calculation is to?

balance the equation. calculate moles of product.


Why is it important to keep balance in an equation?

Because if it is not balanced it is not a true equation.


When you perform the same operations on both sides of the equation the equation stays in what?

The equation remains in 'balance'