accounting equation

noun

1

: the equality of debits and credits as used in the double-entry system

2

: a statement of net worth as equal to assets minus liabilities

Word History

First Known Use

1911, in the meaning defined at sense 1

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Rhymes for accounting equation

• abrasion
• caucasian
• eurasian
• evasion
• invasion
• occasion
• persuasion
• asian
• suasion
• athanasian