Home
About
Contact
HOME
ACCOUNTING
_Multi DropDown
BUSINESE
__DropDown 1
OBJECT
MARKET
COMMUNITY
ABOUT
EDUCATION
Ad Code
CHAPTER
An Introduction to Business and Accounting
CONTENT
Accounting
BOOKKEEPING
EXAMPLE
BALANCE SHEET SIMPLE
INCOME STATEM SIMPLE
EXERCISE
Category
QUESTION-1
Random
3/random/post-list
Home
Financial Statements
Accounting Equation
Accounting Equation
hout sophat
March 28, 2022
Accounting Equation
Assets = Capital + Liabilities
We can analyze business transaction using the accounting equation.
Capital = Assets –Liability
Capital = Net assets
Opening Capital + Capital introduced + Profit/(Loss) –Drawing = Closing Capital
Financial Statements
Post a Comment
0 Comments
Social Plugin
Popular Posts
Goods sold on cash and carry basis returned by a customer are accounted for by
April 29, 2022
Which of the following provides the correct formula to find the drawings of the proprietor of a business during a given period?
April 29, 2022
What is the cardinal rule of the double entry system?
April 29, 2022
Featured post
Goods sold on cash and carry basis returned by a customer are accounted for by
hout sophat
-
April 29, 2022
Subscribe Us
Facebook
Tags
Close Menu
0 Comments