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Equity vs Liability – Know the Difference! Equity represents ownership, while liability means obligations. A clear understanding of both is key to mastering accounting basics.  Follow Accounts Classes by Karthick Balaraman for more simplified learning! #AccountingBasics #EquityVsLiability #FinancialLiteracy #BusinessFinance #AccountsClass #KarthickBalaraman #LearnAccounting #AccountingMadeSimple #CommerceStudents #BalanceSheet | Accounts Classes by Karthick Balaraman | Facebook
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