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QUESTION
In your own words, explain the recording process and the accounting equation to someone who has no accounting experience. Then, give your opinion on the elements or areas that might cause the most confusion or be the most difficult to grasp.
- In your own words, explain the recording process and the accounting equation to someone who has no accounting experience.
- Then, give your opinion on the elements or areas that might cause the most confusion or be the most difficult to grasp.
- Provide support for your conclusion.
