Scribd Logo
Upload

Welcome to Scribd!

  • The Five Major Accounts

    Uploaded by

    Spongie Bob
    18 views8 pages
    The document outlines the five major accounting categories: assets, liabilities, equity, income, and expenses. Assets are things owned, liabilities are debts owed, and equity is the owner's claim. Income includes revenue and gains, while expenses are costs incurred.

    Original Description:

    Original Title

    The-Five-Major-Accounts.pptx

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document outlines the five major accounting categories: assets, liabilities, equity, income, and expenses. Assets are things owned, liabilities are debts owed, and equity is the owner's claim. Income includes revenue and gains, while expenses are costs incurred.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    18 views8 pages

    The Five Major Accounts

    Uploaded by

    Spongie Bob
    The document outlines the five major accounting categories: assets, liabilities, equity, income, and expenses. Assets are things owned, liabilities are debts owed, and equity is the owner's claim. Income includes revenue and gains, while expenses are costs incurred.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    The Five Major Accounts

    The Five Major Accounts


    1. Assets
    2. Liabilities
    3. Equity
    4. Income
    5. Expense
    ASSETS
    LIABILITIES
    EQUITY
    INCOME
    Income
    • Revenue

    • Gains or Profit
    EXPENSE

    You might also like