Apollomedics Super Speciality Hospitals Executive Accountant Interview Questions and Answers

Assets = Liabilities + Equity is the fundamental accounting equation representing the balance between a company's resources and claims against those resources.

• Assets are resources owned by a company, such as cash, inventory, equipment, and property.

• Liabilities are obligations or debts that a company owes to external parties, such as loans, accounts payable, and bonds.

• Equity represents the owner's claim on the company's...read more