The left and right sides of the equation always coincide. The following is the accounting calculation. Accounting equation is a basic equation Assets Liabilities Equation and foundation for double entry system.
Equity then is the owners claim against the asset s.
The following is the accounting calculation. Accounting Equation Cheat Sheet httpsaccountingstuffcoshopThe Accounting Equation explained in full. The basic accounting equation is the foundation of all double entry accounting. Assets equal equity plus liabilities.