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Accounting_03 · Slide 9
The balance sheet
| Assets | Equity and liabilities |
|---|---|
| Fixed assets | Equity |
| Current assets | Liabilities |
- Assets: how the capital is used
- Right side: where the capital comes from
- Total assets = total equity and liabilities
Script read · 36 slides
Flashcard · Business
What does the right side of the balance sheet show?
Where the capital comes from: equity and liabilities.
From Accounting_03.pdf, Slide 9
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