Assets = Liabilities + Owners' Equity is the fundamental ________ equation.

Name: Assets = Liabilities + Owners' Equity is the fundamental ________ equation.
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This equation is known as the accounting equation and serves as the foundation of double-entry accounting. It specifies that the total assets of a company must equal the sum of its liabilities and owners' equity. This equation helps to ensure that a company's financial statements are accurate and balanced.

Assets = Liabilities + Owners' Equity Is the Fundamental ________