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What Is Assets
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5:45
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Allen Mursau
Asset Chart Of Accounts, Asset Types On Balance Sheet, Asset List Described
Assets shown on two different balance sheet templates, assets are part of the accounting equation (assets = liabilities + stockholders equity +net income), shown are T accounts with debits and credits (increase or decrease the account depending on what side of accounting equation, assets dr (+) cr (-) while liabilities dr (-) cr (+),etc ...
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