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Accounting Terms > Equations > Flashcards

Equations Flashcards

1
Q

Assets

A

Assets = Liabilities + Stakeholders’ Equity

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2
Q

Retained Earnings

A

Retained earnings (Beginning) + Net Income - Dividend Declared = Retained earnings (ending)

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3
Q

Current Ratio

A

Current Assets / Current Liabilities

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Accounting Terms (12 decks)

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