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131 Chapter3

131 Chapter3

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Published by Atul Keshri

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Published by: Atul Keshri on Nov 06, 2009
Copyright:Attribution Non-commercial

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11/05/2009

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Basic Accounting Equations
Debits = CreditsAssets = Liabilities+ Equity
 
Expanding the Basic AccountingEquations
Debits = CreditsAssets = Liabilities+ Common Stock+ RetainedEarnings
 
Expanding the Basic AccountingEquations
Debits = CreditsAssets = Liabilities+ Common Stock+ Beg. R/E+ Net income- Dividends

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