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How does the accounting equation demonstrate the duality concept?a)By showing the relationship between liabilities and assets.b)By showing the relationship between income and expenses.c)By showing the relationship between sales and purchases.d)By showing the relationship between costs and revenue.Correct answer is option 'A'. Can you explain this answer? for Year 13 2025 is part of Year 13 preparation. The Question and answers have been prepared according to the Year 13 exam syllabus. Information about How does the accounting equation demonstrate the duality concept?a)By showing the relationship between liabilities and assets.b)By showing the relationship between income and expenses.c)By showing the relationship between sales and purchases.d)By showing the relationship between costs and revenue.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Year 13 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How does the accounting equation demonstrate the duality concept?a)By showing the relationship between liabilities and assets.b)By showing the relationship between income and expenses.c)By showing the relationship between sales and purchases.d)By showing the relationship between costs and revenue.Correct answer is option 'A'. Can you explain this answer?.

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