What is the basic accounting equation?

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2. #system
3. #credits
4. #equation
5. #between
6. #total
7. #transaction
8. #fundamental
9. #liabilities
10. #equity
11. #represents
12. #debits
13. #owner
14. #business
15. #called
16. #bookkeeping
17. #foundation
18. #relationship
19. #double
20. #balance
21. #entry
22. #equal
23. #assets
24. #person
25. #sheet