Identify the basic accounting equation, Accounting Basics

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Identify the basic accounting equation

Response to the following questions:

1. What is the relationship between ethics and law?

2. Identify the basic accounting equation.

3. What is the relationship between the accounting equation and the double-entry system of recording transactions?

If possible, please give examples to better understand your response.

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Accounting Basics: Identify the basic accounting equation

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Accounting Basics: Identify the basic accounting equation

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