| 单词 | balance sheet equation |
| 释义 | balance sheet equation in Accounting (bæləns ʃit ɪkweɪʒən) noun (Accounting: Financial statements, Balance sheet) balance sheetA balance sheet equation is a basic accounting equation that states that assets equal liabilities plus equity. SIMILAR WORDS: accounting equation The balance sheet equation states that the sum of the assets should equal the sum of the liabilities plus thecapital invested. The accounting model for the measurement of value and income is structured by thedouble-entry principle through what is known as the balance sheet equation. A balance sheet equation is a basic accounting equation that states that assets equal liabilities plus equity. |
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