The left side of the accounting equation always equals the right side of the accounting equation.

Name: The left side of the accounting equation always equals the right side of the accounting equation.
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Question

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The left side of the accounting equation represents the assets, while the right side represents the liabilities and owner's equity. Both sides must always be equal, which is the fundamental principle of double-entry accounting.

The Left Side of the Accounting Equation Always Equals the Right