Various Transactions May Change the Amount and Composition of the Assets

question 156

Short Answer

Various transactions may change the amount and composition of the assets and liabilities,but the ____________________________ must balance after each transaction.

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Definitions:

Explicit Quantifiers

Symbols or phrases in logic that explicitly specify the quantity of subjects to which a statement applies.

Universal

A term referring to concepts, properties, or statements that apply universally, without exceptions.

Particular

In philosophy, an individual object as opposed to a universal quality; distinguished from general or universal by being specific or detailed.

Traditional Square

A diagram in classical logic illustrating the logical relationships among the four types of categorical propositions.