answersLogoWhite

0


Best Answer

One fundamental accounting equation is the same for business. Variable cost plus fixed costs equals total costs. This will help Accountants when they are pricing products.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Fundamental accounting equation
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the fandamental accounting equation?

The fundamental accounting equation: Assets = Liabilities + Equity, is the basis for all financial accounting measurements.


What is the Equation of fundamental accounting?

Assets = Liabilities + Owner's Equity.


The fundamental accounting equation is expressed as Assets Owner s Equity plus Liabilities True False?

True


What is the fundamental accounting equation?

B x M = 2 * 7 - 8 +9 =16 _ __(YOUR ANSWER)


What does the Accounting Equation in accounting?

The Accounting Equation is Assets=Liabilities + Owner's Equity?


What is the role of accounting equation in the study of accounting equation?

you did the mathh wrong and must re-do it


Example of accounting equation?

The accounting equation is as follows: Assets = Liabilities + Stockholder's Equity


What is the accounting equation and how does it work?

The accounting equation displays the relationship between capital, liabilities and the assets. The accounting equation shows that the assets are a sum of the liabilities and the invested capital.


What is equality of the accounting equation?

Equality on the accounting equation is that Assets equal liabilities + owner's equity


Who introduce Accounting Equation?

It is based on Accounting Principle of Dual Aspect of Money http://www.freembanotes.in/finance/accountancy/30-accounting-equation


How do debits and credits affect the accounting equation?

The debits in the accounting equation increase the amount that appears on the left side. The credits in the accounting equation do the opposite and increase any amount that appears on the right side.


A record in the accounting equation?

Transaction