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The Accounting Equation: the Rule That Can NEVER Break ⚖️ #accounting
Assets = Liabilities + Equity — the one rule every piece of accounting obeys. Everything a business owns was paid for by someone: borrowed money is a LIABILITY, your own money is EQUITY. There is no third option — and that's why the balance sheet always balances. 🎓 Full FREE course, start at Chapter 1 → https://youtu.be/PKHGLR2ETFk ...
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