The accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. Assets = Liabilities + Equity. The equation is as follows: Assets = Liabilities + Shareholder’s Equity.

The accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. Assets = Liabilities + Equity. The equation is as follows: Assets = Liabilities + Shareholder’s Equity.

## Hardikjaat5

The accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. Assets = Liabilities + Equity. The equation is as follows: Assets = Liabilities + Shareholder’s Equity.

## Charu

The accounting equation is a basic principle of accounting and a fundamental element of the balance sheet. Assets = Liabilities + Equity. The equation is as follows: Assets = Liabilities + Shareholder’s Equity.