Zusammenfassung der Ressource
THE ACCOUNTING EQUATION
- LUCA PACIOLI
- The Father
of
Accounting
- He is referred to as
- the first person to
publish a work on the
double-entry system of
book-keeping
- he was
- Every transaction
- Has a double impac company
- THE
DOUBLE
ENTRY
CONCEPT
- DEBIT
- T account
- CREDIT
- WRITING
- ASSETS
- LIABILITIES
- =
- EQUITY
- +
- EQUITY
- LIABILITIES
- ASSETS
- =
- EQUITY
- -
- ASSETS
- =
- LIABILITIES
- -
- Transaction twelve
- Example
- the owner
- WITH DRAW CASH
- business
- Assets
and
equity
- affect