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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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− | ==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]]
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