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assets - are property of right or property owned by the business
liabilities - are financial obligation or depts of the business, in favor of persons other than the owner or owners
capitals - represent the equity of the business after the amount of depts to to outsiders are deducted,capital is also as "net worth "owners equity" "proprietorship" or "equity"
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoWiki User
∙ 14y agowhat the element of acconting
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Which elements does an allocation rule link together?
An MCC group and an accounting code
How many elements does H3PO4 have?
Three elements.
What are the three elements that can be classified based on their properties?
Elements are classified as set out in the Periodic Table of the elements. It is NOT clear to what "three" you are referring.
What are the difference between the three elements?
Please list the three elements in your question when you resubmit.
What are three elements that make sugar?
The three elements are carbon, hydrogen and oxygen. Sugar is a carbohydrate.
3 basic accounting elements?
Three basic accounting elements include assets, liabilities and stock holders' equity. These components are all listed on the balance sheet.
Give the 3 basic of accounting elements?
assets, liabilities, and owners equity
What is the Basic Elements of Financial Accounting?
The three basic elements of a financial accounting system include:1. Rules for determining what, when, and the amount that should be recorded2. A framework for preparing financial statements3. Controls to determine whether errors may have arisen in the recording process
What is nature meaning and elements of accounting theory?
Accounting Theory is defined as the study of methodologies and financial accounting principles. The Accounting Theory is continuously-evolving and changing.
What the three broad areas of accounting?
1 - Cost accounting 2 - Financial accounting 3 - Management accounting
What is a sentence using the word accounting?
They are going to give her an accounting
What are three basic activities of accounting?
What are the Basic Activities of accounting?
What is the 3 basic accounting elements?
A.asset B.liability C.capital
What is the Cost and cost accounting also give out objectives of cost accounting?
answer
Give the definition of accounting as proposed by the American Accounting Association?
check your answer
What are the Flaws in the accounting information system?
pls give me accounting informotion systam
Can you give sentence with accounting?
Accounting is a skill that is in demand throughout the business world.
