How to Analyze Transactions using the Accounting Equation
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YouTubeWild Accounting
How to Analyze Transactions using the Accounting Equation
In this video, I will explain the accounting equation in a simple and fun way. We define the accounting equation: assets equals liabilities plus equity, and also review the expanded accounting equation. We follow an example through its transactions and see how the the accounting equation is affected, but always remains in balance. By the end of ...
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