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Financial Accounting
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Financial Accounting. Afro Sound Machine · Iro (Lies) (Instrumental). The Accounting Equation Explained 1. Assets: What a company owns, such as cash, equipment, or inventory. 2. Liabilities: What a company owes to others, like loans or accounts payable. 3. Equity: The owners' stake in the company after all liabilities are paid, also known as ...
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