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  • Acct Equation&Journal

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    AnnaDeQuintanaRoo
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    This general journal document outlines the accounting equation that assets are equal to liabilities plus equity. It shows debits and credits to cash, accounts receivable, accounts payable, owner's capital, revenue and expenses on unspecified dates with brief explanations. The general journal is used to record financial transactions in debit and credit form.

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    This general journal document outlines the accounting equation that assets are equal to liabilities plus equity. It shows debits and credits to cash, accounts receivable, accounts payable, owner's capital, revenue and expenses on unspecified dates with brief explanations. The general journal is used to record financial transactions in debit and credit form.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    21 views1 page

    Acct Equation&Journal

    Uploaded by

    AnnaDeQuintanaRoo
    This general journal document outlines the accounting equation that assets are equal to liabilities plus equity. It shows debits and credits to cash, accounts receivable, accounts payable, owner's capital, revenue and expenses on unspecified dates with brief explanations. The general journal is used to record financial transactions in debit and credit form.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    +|- -|+ -|+ -|+ +|- GENERAL JOURNAL

    A Assets = L + EQUITY Date Explanation/Desc P.R. Debit Credit


    DATE CASH + AR + _______ _______ = AP + - + REV - EXP's
    O Cap'l Ow/dr'l

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