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Expanded Accounting equation? with examples

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Expanded Accounting equation? with examples  INDEX of this Post [ hide ] Accounting Equation The accounting equation is one of the fundamental elements of double-entry accounting and the foundation for all of the concepts learned in introductory accounting. In this short video, you will learn what the equation is and what each part represents.  This video was created in relation to the Utah State CTE standards for the Accounting I High School course. Specifically, this video prepares students to complete Strand 2, Standard 2: Demonstrate an understanding of the fundamental accounting equation. while I did mention that learning to account is more like learning a language than math there are still several math equations that are important and learning these equations is key to understanding accounting of these perhaps. Accounting equation: the most important is the accounting equation is the most fundamental equation of double-entry accounting and expresses the relationsh...
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What is Accounting Equation? | Example Problems

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 What is an Accounting Equation? Example Problems What is The Accounting Equation? It is a basic but also a very important accounting principle, so what is the accounting equation? LEARN MORE. so what is the accounting equation? I’m Thomas Harwood and Welcome to The Accounting Student, where we create free and short videos so that you can learn about accounting. Many do not know that accounting is based on a simple and significant principle, known as the accounting equation. The equation uses basic mathematics, which was probably one of the first things you studied at school. It only involves adding and subtracting figures. If you were to calculate the total accounting records that belong to a business and then subtract the accounting records that the business owes to others. You can compute what a business is worth according to the accounting records. If an individual set up a business and wanted to trade then he or she would need resources to operate. Let’s assume the owner sup...



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