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Balance Sheet Equation

The short (basic) form of the accounting equation that consists of the three basic accounting elements: assets, liabilities, and equity...

Accounting Equation

The short (basic) form of the accounting equation that consists of the three basic accounting elements: assets, liabilities, and equity...

Basic Accounting Equation

The short form of the accounting equation that consists of the three basic accounting elements: assets, liabilities, and equity (capital)....

Expanded Accounting Equation

The wider form of the accounting equation that includes in addition to assets, liabilities, and equity (capital) other items mainly...