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Accounting Equation - Problem 1 - By SahebAcademy Saheb Academy Asset is equal to liabilities plus equity or capital. Assets = Liability + Equity. Revenue and expenses affect the equity or capital. Whatever we add to one side, the same thing has to be added to the other side. Let's take a practical example: Transaction: Sale of goods costing $10,000 for cash $14,000 This is a bit tricky transaction to understand. Goods are increasing and cash is decreasing becau...
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Msu•662003
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Accounting • David H. Marshall, Wayne William Mcmanus• ISBN 9780071221023
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Accounting Equation - Problem 1 - By SahebAcademy Saheb Academy Asset is equal to liabilities plus equity or capital. Assets = Liability + Equity. Revenue and expenses affect the equity or capital. Whatever we add to one side, the same thing has to be added to the other side. Let's take a practical example: Transaction: Sale of goods costing $10,000 for cash $14,000 This is a bit tricky transaction to understand. Goods are increasing and cash is decreasing becau...
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MSU•Medicine
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Summary notes
Summary notes from Chapter 407: Hemochromatosis. Harrison's Principles of Internal Medicine 20th Ed.
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MSU•Medicine
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Summary notes from Chapter 407: Hemochromatosis. Harrison's Principles of Internal Medicine 20th Ed.
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MSU•Medicine
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Summary notes from Harrison
Summary notes from Chapter 407: Hemochromatosis. Harrison's Principles of Internal Medicine 20th Ed.
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MSU•Medicine
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Summary notes from Chapter 407: Hemochromatosis. Harrison's Principles of Internal Medicine 20th Ed.
Transcribed notes from Chapter 59: Anemia and Polycythemia. Harrison's Principles of Internal Medicine 20th Ed.
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MSU•Medicine
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Transcribed notes from Chapter 59: Anemia and Polycythemia. Harrison's Principles of Internal Medicine 20th Ed.