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Aleonysh [2.5K]
3 years ago
15

Assets + liabilities = owner's equity is the fundamental bookkeeping equation. True False

Mathematics
1 answer:
storchak [24]3 years ago
4 0

Answer: The answer is FALSE.

Step-by-step explanation:  The given equation is

Assets + liabilities = owner's equity.

The given equation is FALSE. Because, the fundamental book keeping equation is defined and represented as follows:

The fundamental book keeping equation, also called the balance sheet equation, describes the relationship between the assets, liabilities, and owner's equity of a person.

The bookkeeping equation is given by

Assets = liabilities + owner's equity.

Thus, the given equation is FALSE.

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(4x – 6°) (x + 6y)"<br> Solve for y.
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Answer:

Simplifying

(4x + -6) = (x + 6y)

Reorder the terms:

(-6 + 4x) = (x + 6y)

Remove parenthesis around (-6 + 4x)

-6 + 4x = (x + 6y)

Remove parenthesis around (x + 6y)

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Solving

-6 + 4x = x + 6y

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-1x' to each side of the equation.

-6 + 4x + -1x = x + -1x + 6y

Combine like terms: 4x + -1x = 3x

-6 + 3x = x + -1x + 6y

Combine like terms: x + -1x = 0

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Add '6' to each side of the equation.

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Combine like terms: -6 + 6 = 0

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