Importance of maintaining equality of accounting equation


You are a public accountant who has noticed that the bookkeeper at one your small business clients has prepared a trial balance that is not equal. Explain to her why it is important to follow the double-entry framework, the importance of maintaining the equality of the accounting equation and how to find and correct errors.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Importance of maintaining equality of accounting equation
Reference No:- TGS039053

Expected delivery within 24 Hours