Accounting Equation

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From A take L; you get OE
Which stands for Owners Equity.
For A means Assets if you please
And L means Liabilities.

But if you want to add some stuff
And make the problem kind of tough
Take A, add E less L and S
You get OE, if you can't guess.

For E's Expenses; S is Sales
This one equation never fails.
You may have learned enough today
For you to be a CPA

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  • COMMENTS
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2 Comments
JWrenJWrenover 9 years ago
Go figure . . .

. . . it all adds up to one smart verse (not just a PrettyAss, eh?)

Ashesh9Ashesh9over 9 years ago
Sweet Pretty Ass ...or ,,,SPA

today U've qualified to be a CPA !

....5-ed.