Learn The Accounting Equation

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  • CMA®
    CMA®

    CMA®

    All the top concepts on the official CMA® exam.

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User-Generated Flashcards (137)
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  • POA Chapter 3: Elements of the Financial Statements and the Accounting Equation
    POA Chapter 3: Elements of the Financial Statements and the Accounting Equation

    POA Chapter 3: Elements of the Financial Statements and the Accounting Equation

    By: hei chin low
    3.1 Elements of financial statements, 3.2 What is the accounting equation?, 3.3 What are the effects of business transactions on the accounting equation?...
    4
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    91
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  • POA 2021 Chapter 3 Elements of Financial Statements and the Accounting Equation
    POA 2021 Chapter 3 Elements of Financial Statements and the Accounting Equation

    POA 2021 Chapter 3 Elements of Financial Statements and the Accounting Equation

    By: hei chin low
    2.3 Elements of Financial Statements
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  • Financial Accounting and Reporting Theories
    Financial Accounting and Reporting Theories

    Financial Accounting and Reporting Theories

    By: Tina A
    Chapter 1: Introduction to Accounting, Chapter 2: Accounting Concepts and Principles, Chapter 3: The Accounting Equation...
    8
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  • Y10 - Accounting
    Y10 - Accounting

    Y10 - Accounting

    By: Laura Brady
    Key Definitions, Accounting Equation and Transactions, Lesson 1 - Intro to Accounting...
    21
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    469
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    56
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  • AAT Level 2 - Bookeeping Transactions
    AAT Level 2 - Bookeeping Transactions

    AAT Level 2 - Bookeeping Transactions

    By: Adam Lee
    The Accounting System, Financial Documents for Sales, Double-Entry and The Accounting Equation...
    4
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    45
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    104
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  • IGCSE Accounting
    IGCSE Accounting

    IGCSE Accounting

    By: Barbara Williamson
    The purpose of accounting, The Accounting equation, Examples of elements in the accounting equation
    3
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    42
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    13
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  • Business Studies
    Business Studies

    Business Studies

    By: Georgia Daniells
    Introduction to Business, Business Objectives and Strategy, External Influences...
    14
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    1,144
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    8
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  • Unit 3/4: Accounting (2026)
    Unit 3/4: Accounting (2026)

    Unit 3/4: Accounting (2026)

    By: Laura Brady
    U3, AOS 1 - KK1 - Accounting Assumptions, U3, AOS 1 - KK1 - Qualitative Characteristics, U3, AOS 1 - KK2 - Source Documents...
    46
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    72
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  • AAT Level 2 Certificate in Accounting
    AAT Level 2 Certificate in Accounting

    AAT Level 2 Certificate in Accounting

    By: Bradley Collins
    Chapter 1 - The Accounting System, Chapter 2 - Financial Documents for Sales, Chapter 3 - Double-Entry and the Accounting Equation...
    11
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    158
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    56
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  • Accounting CBE (ATT/CTA)
    Accounting CBE (ATT/CTA)

    Accounting CBE (ATT/CTA)

    By: Melissa Siemonek
    Partnership Accounts, Regulatory Framework, Company Financial Statements...
    16
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    285
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    50
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  • Bookkeeping & Accounting
    Bookkeeping & Accounting

    Bookkeeping & Accounting

    By: Sarah Ybarra
    Asset, Liability, Income, or Expense?, Is It a Debit or a Credit?, The Accounting Cycle...
    6
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    229
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    8
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  • AAT Level 4 - Financial Statements Of Limited Companies
    AAT Level 4 - Financial Statements Of Limited Companies

    AAT Level 4 - Financial Statements Of Limited Companies

    By: Faith Byrne
    1. Limited Companies, 12. Interpreting Financial Statements, Equations...
    16
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    258
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    29
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  • Introduction to Bookkeeping
    Introduction to Bookkeeping

    Introduction to Bookkeeping

    By: Aneesha Hoque
    Accounting Roles and Transactions, Selling Goods and Services, VAT (value added tax)...
    10
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    268
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    34
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  • HBS Core: Accounting
    HBS Core: Accounting

    HBS Core: Accounting

    By: Bec Higgins
    Module 1: The Accounting Equation, Module 2: Recording Transactions
    2
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    57
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    22
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  • Financial Accounting 1
    Financial Accounting 1

    Financial Accounting 1

    By: Dominique Higgins
    Lecture 1-2 (What is accounting and who needs it?), Lecture 2-3 (The accounting equation), Lecture 5-6 (Financial statements from the accounting equation)...
    18
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    331
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    11
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  • Financial Accounting 188
    Financial Accounting 188

    Financial Accounting 188

    By: Rayno Mostert
    Chapter 11: Inventory, Chapter 12, Accounting...
    16
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    276
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    31
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  • Accounting
    Accounting

    Accounting

    By: Crystal van Zyl
    Classification, History of accounting, Definitions of accounts...
    6
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    86
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    1
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  • Year 12 Accounting Unit 3
    Year 12 Accounting Unit 3

    Year 12 Accounting Unit 3

    By: Andrew Lee
    Chapter 1: The Role of Accounting (Part 1), Chapter 1: The Role of Accounting (Part 2), Chapter 1: The Role of Accounting (Part 3)...
    17
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    313
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    5
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  • BCOR 1015 Review
    BCOR 1015 Review

    BCOR 1015 Review

    By: Chris Gerlacher
    Adding value and major types of businesses, 3 Steps From Consumer To Business Professional, 5 Major Environments Businesses Operate In...
    53
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    587
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    191
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  • Business studies
    Business studies

    Business studies

    By: Kerrie Harrison
    Introduction to business, Business Objectives and Strategic Decisions, KEY EQUATIONS...
    13
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    876
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    3
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  • Accounting 2
    Accounting 2

    Accounting 2

    By: Susanna Bence
    Management accounting general, Costing, Balanced scorecard and strategic performance management...
    10
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    271
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    1
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  • AcF100
    AcF100

    AcF100

    By: Isabel Donohoe
    Week 1 - Introduction, the accounting entity and the financial statements, Week 2 - Accounting concepts, rules and the accounting equation, Week 3 - Recording transactions, double-entry bookkeeping and the trial balance...
    18
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  • Accounting - ICAEW
    Accounting - ICAEW

    Accounting - ICAEW

    By: Michael Agwu
    1. Introduction To Accounting, Accounting Terminology Glossary, 2. The Accounting Equation...
    7
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    187
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    19
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  • ACCT 2000
    ACCT 2000

    ACCT 2000

    By: Dylan Talbot
    Exam 1, Exam 2, Exam 2 Vocab...
    10
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    593
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    3
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  • TLE
    TLE

    TLE

    By: Squid Agapay
    Introduction to Accounting, Business Organization and Introduction to Bookkeeping, The accounting equation...
    10
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    185
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    9
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  • Unit 3/4 - Accounting
    Unit 3/4 - Accounting

    Unit 3/4 - Accounting

    By: Laura Brady
    U3, AOS 1 - KK1 - Accounting Assumptions, U3, AOS 1 - KK1 - Qualitative Characteristics, U3, AOS 1 - KK2 - Source Documents...
    22
    Decks
    173
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    40
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  • Accounting 111
    Accounting 111

    Accounting 111

    By: Nurul-Izza Sangcopan
    Introduction to Accounting, Analysis Of Business Transaction, Accounting Equation, and the Rule of Debit and Credit, Adjusting Entries...
    6
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    159
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    25
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  • Bookkeeping to Trial Balance
    Bookkeeping to Trial Balance

    Bookkeeping to Trial Balance

    By: Lance Vermeulen
    Introduction to Business, Bookkeeping and Accounting, The Accounting Equation And The Double-Entry System, Value Added Tax...
    10
    Decks
    190
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    10
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  • Business - Accounting
    Business - Accounting

    Business - Accounting

    By: Jamail Grewal
    Chapter 1 - Accounting And Business, Chapter 2 - The Fundamental Accounting Equation, Chapter 3 - Analyzing Changes In Financial Position...
    9
    Decks
    133
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    12
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  • Accounting Certificate Level
    Accounting Certificate Level

    Accounting Certificate Level

    By: Hannah Day
    Introduction to accounting, The Accounting Equation, Recording Financial Transactions...
    13
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    208
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    1
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