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The Accounting Equation

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Accounting and Finance Mind Map on The Accounting Equation, created by mesandra2 on 19/08/2013.
mesandra2
Mind Map by mesandra2, updated more than 1 year ago
mesandra2
Created by mesandra2 over 11 years ago
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The Accounting Equation
  1. Assets
    1. Future benefits
      1. Examples
        1. Measurable value
          1. Own and control
          2. Car
            1. Decor
              1. Property
                1. Cash
        2. Liabilities
          1. Debt
            1. Examples
              1. Loan
                1. Creditor
          2. Owner's Equity
            1. The owner's share of the assets
              1. Equity = Assets - liabilities
                1. Shareholders Equity

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