Why does the combined total of the companys liabilities and equity always equal the total of the

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Why does the combined total of the company’s liabilities and equity always equal the total of the company’s assets?

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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Question Posted: Aug 09, 2022 11:41 PM

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Why does the combined total of the companys liabilities and equity always equal the total of the

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The assets of a company include any material made by the compan...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

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