Concept – Effect on the Accounting Equation

Financial Accounting and Intermediate Accounting

Spiceland, Nelson, and Thomas and Spiceland, Thomas, and Herrman

05th Edition, 06th Edition, and 10th Edition

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Each event or transaction, affecting the accounting equation has what effect due to resources always being equal to claims.

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  • Search Terms: (enter a(n) accounting affecting always because claims. each economic effect equal equation event, has must one only or resources the transaction, word.)
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