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2025-06-22 00:09:34 -04:00
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commit 4160f36832
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@@ -50,8 +50,6 @@
<p><span class="math notranslate nohighlight">\(\Sigma \text{ Total Debits} = \Sigma \text{ Total Credits}\)</span></p>
<p><span class="math notranslate nohighlight">\(\text{Assets} = \text{Liabilities} + \text{Equity}\)</span></p>
<p>Furthermore, we know that:</p>
<div class="math notranslate nohighlight">
\[Equity = Revenue - Expenses\]</div>
<p>, which leads us to:</p>
<div class="math notranslate nohighlight">
\[Assets = Liabilities + (Revenues - Expenses)\]</div>