Assets = Liability + Equity|Accounting Equation|MBA in Pills|The Four Week MBA

As Physicists are guided by the relativity formula “e = mc²”. Accountants are guided by the accounting equation, also called balance-sheet equation, “A = L + E”. Let’s find out what it is all about.

 

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Gennaro Cuofano, International MBA. Author of "The Enlightened Accountant," and "The Art of Mentorship."