Plz sir tell me basic concept of accounting equation

1.	Plz sir tell me basic concept of accounting equation
Answer» A=l+C L=A-CC=A-l A=C+L A=assetC=capitalL=liabilities All the assests in equation will add on and every expense subtract from it.Profit will add in capital Loss will subtracted from capital. Creditors bank loan depreciation will add liabilities .Assets =capital+liabilities May it will help u.Thanks

Discussion