Difference between revisions of "Accounting Equation"

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[[Accounting Equation]] is the double entry method of bookkeeping is based on the accounting equation, which is [[Owner's equity]] = [[Assets]] less [[Liabilities]].                                   
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#REDIRECT [[Basic accounting equation]]
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==Definitions==
 
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According to [[College Accounting: A Practical Approach by Slater (13th edition)‎]],
 
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:[[Accounting Equation]]. The double entry method of bookkeeping is based on the accounting equation, which is [[Owner's equity]] = [[Assets]] less [[Liabilities]].                                   
 
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==Related concepts==
 
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*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
 
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==Related lectures==
 
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*[[Bookkeeping Quarter]].
 
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[[Category: Septem Artes Administrativi]][[Category: Articles]]
 

Latest revision as of 15:18, 12 July 2020

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