KnowraAccounting equationLinked fromLinked fromThe 7 pages that link to Accounting equation, each with the reason it gives.All 7Related 5Narrower topic 2Double-entry bookkeepingRelated: The paired entries preserve this underlying balance as transactions occur.AccountingRelated: It captures the balance that double-entry records must preserve.General ledgerRelated: The ledger’s account balances collectively reflect this foundational relationship.Trial balanceRelated: Balanced entries preserve this equation even when a trial balance misses an error.Financial accountingRelated: It expresses the balance that a financial position statement must preserve.