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Popular Accounting Topics

Accounting for Merchandising Activities
Debits and Credits (Double Entry Accounting)
Time Value of Money & Present/Future Values
Complex Debt & Equity Instruments
Common Stock & Shareholder's Equity
Accounting & Finance Ratios
Valuing Common Stock
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Lower of Cost or Market (LCM) & Inventory Valuation
Chart of Accounts & Bookkeeping
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Balance Sheet Equation

Another name for the accounting equation.

The Accounting Equation

Assets = Liabilities + Owner's Equity

• Always

• One side shows what a business owns and the other side shows who supplied these resources. All assets have been supplied by creditors or the owner

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