Question: Dear experts, please post your answer in typing format. Do not post your answer through photos. And check for spelling and grammar errors before posting.

Dear experts, please post your answer in typing format. Do not post your answer through photos. And check for spelling and grammar errors before posting. Thanks!

1. Write out the accounting equation and explain each of the components.

2. Assets and net worth or owner's equity are two components to measure the wealth of a company. Which ONE is better and explain the reason for it.

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