4401175
Description
Mind Map by Diana Herrera, updated more than 1 year ago
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Created by Diana Herrera
almost 9 years ago
|
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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
- Has a double impac company
- THE
DOUBLE
ENTRY
CONCEPT
- DEBIT
- T account
- CREDIT
- T account
- DEBIT
- he was
- He is referred to as
- The Father
of
Accounting
- WRITING
- ASSETS
- LIABILITIES
- =
- EQUITY
- +
- +
- =
- EQUITY
- LIABILITIES
- ASSETS
- =
- EQUITY
- -
- -
- =
- ASSETS
- ASSETS
- =
- LIABILITIES
- -
- -
- =
- LIABILITIES
- LIABILITIES
- Transaction twelve
- Example
- the owner
- WITH DRAW CASH
- business
- Assets
and
equity
- affect
- affect
- Assets
and
equity
- business
- WITH DRAW CASH
- Example
- ASSETS
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