Concept

Accounting equation

Related lectures (6)

Covers the basics of financial accounting, including balance sheets, income statements, assets, liabilities, and owners' equity.

Explains the accounting equation: assets equal liabilities plus owners' equity, using practical examples from JJ's Lawn Care Service.

Covers financial accounting basics, focusing on the balance sheet and how business transactions affect financial statements.

Covers the basics of accounting, including assets, liabilities, and equity, using a practical example to illustrate financial concepts.

Covers the basics of financial accounting, including the accounting process and types of financial information.

Covers the preparation and analysis of financial statements, focusing on cash flows and balance sheets.