Accounting Equation:
Accounting Equation: Assets=Liabilities + Owner’s Equity. Assets. Liabilities. Owner’s Equity. Current Assets. Current Liabilities. Preferred Stock. Cash & Cash Equivalents. Accounts Payable. Common Stock. Receivables. Wages and Salaries Payable. Additional Paid In Capital. Inventories. Income Taxes Payable (Treasury Stock) Prepaids ... ................
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