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The Accounting Equation

The Accounting Equation. During 2007, Total Liabilities for XYZ Inc. increased $60,000 and Total Assets increased by $50,000 . What changes must have occurred in Total Equity?. The Accounting Equation. Owners Equity must have decreased by $10,000. The Accounting Equation.

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Site count shows 11 - PowerPoint PPT Presentation

The Accounting Equation