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Accounting Equations Assets L + Oe + R - Exp - Drawing Assets + Expenses + Drawing Liabilities + OE + Rev

Assets are equal to liabilities plus owner's equity plus revenue minus expenses minus drawings. Assets plus expenses plus drawings are also equal to liabilities plus owner's equity plus revenue.

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Ain Fza
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67 views1 page

Accounting Equations Assets L + Oe + R - Exp - Drawing Assets + Expenses + Drawing Liabilities + OE + Rev

Assets are equal to liabilities plus owner's equity plus revenue minus expenses minus drawings. Assets plus expenses plus drawings are also equal to liabilities plus owner's equity plus revenue.

Uploaded by

Ain Fza
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Accounting equations

Assets = L + OE + R - EXP - DRAWING


Assets + Expenses + Drawing = Liai!ities + OE + Re"

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