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- Accounting_equation abstract "The basic accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits. It can be expressed asIn a corporation, capital represents the stockholders' equity. Since every business transaction affects at least two of a company’s accounts, the accounting equation will always be “in balance,” meaning the left side should always equal the right side. Thus, the accounting formula essentially shows that what the firm owns (its assets) is purchased by either what it owes (its liabilities) or by what its owners invest (its shareholders equity or capital).".
- Accounting_equation wikiPageID "2206618".
- Accounting_equation wikiPageRevisionID "605536439".
- Accounting_equation about "yes".
- Accounting_equation by "no".
- Accounting_equation hasPhotoCollection Accounting_equation.
- Accounting_equation label "Accounting equation".
- Accounting_equation onlinebooks "no".
- Accounting_equation others "no".
- Accounting_equation subject Category:Accounting_terminology.
- Accounting_equation comment "The basic accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits. It can be expressed asIn a corporation, capital represents the stockholders' equity.".
- Accounting_equation label "Accounting equation".
- Accounting_equation label "Ecuación de contabilidad".
- Accounting_equation label "Equação contábil básica".
- Accounting_equation label "会計等式".
- Accounting_equation label "会计等式".
- Accounting_equation sameAs Základní_bilanční_rovnice.
- Accounting_equation sameAs Ecuación_de_contabilidad.
- Accounting_equation sameAs Kontabilitate-ekuazio.
- Accounting_equation sameAs Saldo_normal.
- Accounting_equation sameAs 会計等式.
- Accounting_equation sameAs Equação_contábil_básica.
- Accounting_equation sameAs m.06vxcs.
- Accounting_equation sameAs Q864368.
- Accounting_equation sameAs Q864368.
- Accounting_equation wasDerivedFrom Accounting_equation?oldid=605536439.
- Accounting_equation isPrimaryTopicOf Accounting_equation.