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Assets= equity+ Liabilities

A balance sheet is not an account, it's a statement of balances of organization's assets and liabilities. It can be created anytime to fact check the organization's standing. It best serves the purpose after the preparation of final accounts.

Errors in Accounting

Types of Errors in Accounting understanding errors and rectifying them # #

Learners, hope you get benefitted from the video.

Defining Accounting Beneficial to students of class 11, B. Com (I year), M. Com (I year) M. com (II year Ignou) MBA ( 1 sem)

IGNOU Student Zone students can get in touch for paid online accounting and finance tutoring.

Understanding Accounting requires first to understand basics of the subject. Accounting is a social science which starts with business transaction and involves every aspect of business events.

Learn Accounting step by step. Soon I will be starting Accounting for beginners

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