Meanings
plural accounting equations
- accountingThe fundamental equation of the double-entry bookkeeping system: assets = liabilities + equity.
Synonyms: balance sheet equation
Synonyms & antonyms
nounThe fundamental equation of the double-entry bookkeeping system: assets = liabilities + equity.
Cite this entry
accounting equation. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/accounting%20equation
“accounting equation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/accounting%20equation. Accessed November 4, 2026.
WatkinsX Dictionary, s.v. “accounting equation,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/accounting%20equation.
Source: accounting equation on Wiktionary, CC BY-SA 4.0.