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A comment on Accounting for Computer Scientists. Parent comment

Re:Accounting for Computer Scientists by drindox on Wednesday March 09, 2011 @07:20AM (#2304650)
Equity is on the same side of the balance sheet as liabilities because of the accounting equation: Assets = Capital + Liabilities.

See this tutorial as well: http://www.principlesofaccounting.com/chapter%201.htm

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