The Financial Accounting Equation

WHAT YOU WILL LEARN:

We'll discuss the accounting equation and the logic behind why all transactions must make use of it. To guide students, I will post a few rules that you'll need to follow, and will demonstrate a couple of examples to reinforce the concept.

HOW IT WILL APPLY LATER ON:

The accounting equation is simply one of the most important concepts in financial accounting. Every transaction will need to be entered correctly in order to have reliable financial information.

Complete and Continue  
Discussion

0 comments