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Accounting Equation

The accounting equation!
by

MARISA DE ANGELIS

on 1 December 2010

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Transcript of Accounting Equation

Accounting Equation Assets = Liabilities + Equities Assets Cash
Accounts Receivable
Interest Receivable
Rolling Stock
Furniture
Inventory
... Liabilities Equity Accounts Payable
Mortgage Payable
Bank Loan Payable
Vacation Payable
GST Payable
QST Payable
Corporate Taxes
... Captital
Investment
Owner's Withdrawal
Retained Earnings
Current Earnings
...
Full transcript