Accounting equation best reflects the equity owners' residual claim on total assets after subtracting all liabilities.  Assets = Shareholders' Equity + Liabilities. 

An accounting equity is an individual accounting tool that shows the increases and decreases in a specific asset, item during a specified period.

An accounting equity are the basic storage units for accounting data and are used to accumulate amounts from similar financial transactions. so, an account is a summary device of accounting.

An Accounting equity is cash-equity. Cash equity  means business’s money and any medium of exchange including paper currency, coins, certificates of deposit, and checks.

An Accounting equity is that companies might sell their goods and services on account and receives a promise for future collection of cash.