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3272512
The Accounting Equation
Descrição
Accounting and Finnance
Sem etiquetas
acct.
finnance
school
mind map
Mapa Mental por
amairani123
, atualizado more than 1 year ago
Mais
Menos
Criado por
amairani123
aproximadamente 9 anos atrás
159
0
0
Resumo de Recurso
The Accounting Equation
Assets
Has a measurable value
Car
Jet
Boat
Laptop
House
Debtors
Owe You $$$
Expenses
Cost company incurs in effort to make money
Paid with $
Can be charged
Liabilities
A debt
Loan
Creditors
Owner's Equity
Value of Assets that owner really owns
Assets-Liabilities
Revenues
Income made by a businss
Recorded quarterly or annualy
Net Gain vs. Net Loss
Gain: Bring in more $ than spent
Loss:Bring in less $ than spent
Anexos de mídia
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ae3614ed-909b-4dc0-baf2-8f7c278093ac (image/jpg)
184690f7-0ecd-4bff-af0d-5494d3aff5a3 (image/jpg)
d3ad32de-5337-4f43-ab8e-df63013e85a6 (image/jpg)
8d20e5d0-f908-4c27-9d0a-0e070444ad7f (image/jpg)
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304fe298-a9dc-42bb-9e56-0806f07df9aa.gif (image/gif)
cb4225c1-83bc-40b7-baa6-8e0819838ab2 (image/jpg)
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