Anaccounting equation is a basic principle of accounting that represents a company’s assets, liabilities and owner’s equity in relationship. It is written as:

Assets = Liabilities + Owner’s Equity.

This equation makes sure that both a company’s financial statements are balanced. It means that what the business has (assets), may or may not be financed by money that a business borrows (liabilities) or by an owner’s investment (equity). This formula is used to track financial position and the basis of double entry accounting, where a transaction affects at least two accounts to balances the equation.

<p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;">[size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap]A [/size][size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap]correspondence MBA degree[/size][size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap] offers a flexible and affordable way to pursue higher education while balancing work and personal commitments. It is an ideal choice for working professionals and students who cannot attend regular classes. This program allows learners to study at their own pace through self-learning materials and online resources. Many [/size][size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap]open universities for MBA[/size][size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap] in India, such as IGNOU, offer UGC-approved [/size][size= 11pt; font-family: Arial,sans-serif; color: #1155cc; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: underline; -webkit-text-decoration-skip: none; text-decoration-skip-ink: none; vertical-align: baseline; white-space: pre-wrap]MBA distance education [/size][size= 11pt; font-family: Arial,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap]programs that are recognized across industries. These programs provide specializations in fields like Finance, Marketing, HR, and Operations, making them suitable for a variety of career paths. With the convenience of distance learning and credible academic support, a correspondence MBA degree is a smart step towards professional growth and leadership roles in the corporate world.[/size]