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Author Question: Write the accounting equation. Then define each term.[br][br][b][color=#7BCCB5]Question ... (Read 106 times)

melly21297

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on: Jul 14, 2018
Write the accounting equation. Then define each term.

Question 2

The results of an evaluation should be discussed with an employee soon after the evaluation is completed.
 
 Indicate whether the statement is true or false


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emilymalinowski12

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Reply #1 on: Jul 14, 2018
Answer to Question 1

The accounting equation is Assets = Liabilities + Owners' equity. Assets are the resources a business owns. Liabilities are the firm's debts. Owner's equity is the difference between total assets and total liabilities.

Answer to Question 2

True


melly21297

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Reply 2 on: Jul 14, 2018
YES! Correct, THANKS for helping me on my review

bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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