The Accounting Equation
Akopọ
Behind every set of accounts, no matter how large the business, sits one beautifully simple idea: whatever a business owns must have come from somewhere. The accounting equation captures that idea in a single line, Assets = Capital + Liabilities, and it never stops being true. Master it and the whole of double entry book-keeping suddenly has a logic you can lean on.
In this lesson you will learn exactly what assets, liabilities and owner's equity (capital) mean, see why the two sides of the equation always balance, and practise rearranging it to find any missing element. You will also watch the equation stay balanced through a series of real transactions, which is the perfect warm-up for the statement of financial position that follows.
Awọn Afojusun
- assets, liabilities and owner’s equity.
- the accounting equation.
- how to apply the accounting equation.
Ẹ̀kọ́ Ohùn
Gbọ́ ẹ̀kọ́ yìí nínú áàpù
Àwòrán ọpọlọ
A ti ṣe àwòrán kókó yìí kí o lè rí bí àwọn èrò ṣe so pọ̀.
Ṣí àwòrán ọpọlọ nínú áàpù
Káàdì ìrántí
Ìdánrawò kíákíá lórí ohun tí wọ́n ń dán wò nínú kókó yìí.
Ṣe ìdánrawò káàdì wọ̀nyí nínú áàpù
Akọ̀wé Ẹ̀kọ́
Àkọsílẹ̀ Ẹ̀kọ́ Pípé wà lórí Ohun Èlò Green Bridge
Gba ohun èlò Green Bridge CBT sórí fóònù tàbí kọ̀mpútà rẹ fún gbogbo ilé ìkàwé IGCSE: ìwé ìdánwò àtijọ́, ìlànà ìdíwọ̀n, àwòrán èrò, káàdì ìkẹ́kọ̀ọ́ àti ẹ̀kọ́ ohùn.
Ìdánwò Ẹ̀kọ́
Oriire fun ipari ẹkọ lori The Accounting Equation. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.
Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.
Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.
- Which of the following is the correct accounting equation? A. Assets = Capital - Liabilities B. Assets = Capital + Liabilities C. Capital = Assets + Liabilities D. Liabilities = Assets + Capital Answer: B
- A business has assets of $50,000 and liabilities of $18,000. What is the capital? A. $32,000 B. $68,000 C. $18,000 D. $50,000 Answer: A
- A trader has capital of $40,000 and liabilities of $15,000. What are the total assets? A. $25,000 B. $40,000 C. $55,000 D. $15,000 Answer: C
- Which of these is a liability? A. Money in the business bank account B. Premises owned by the business C. Amount owed to a credit supplier D. Inventory held for resale Answer: C
- A business buys a vehicle on credit. What is the effect on the accounting equation? A. Assets and capital both increase B. Assets and liabilities both increase C. Assets increase and liabilities decrease D. There is no effect Answer: B
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Ṣiṣẹ́ lórí àwọn ìbéèrè wọ̀nyí nínú ohun èlò náà
Awọn Iwe Itọsọna Ti a Gba Nimọran
Ẹ̀kọ́ síwájú láti àwọn orísun ṣíṣí
-
Abala ìwé ẹ̀kọ́
Define and Describe the Expanded Accounting Equation and Its Relationship to Analyzing Transactions
"Principles of Accounting, Volume 1: Financial Accounting: Define and Describe the Expanded Accounting Equation and Its Relationship to Analyzing Transactions" by OpenStax, OpenStax, Rice University, licensed under CC BY-NC-SA 4.0 (https://creativecommons.org/licenses/by-nc-sa/4.0/). Source: https://openstax.org/books/principles-financial-accounting/pages/3-2-define-and-describe-the-expanded-accounting-equation-and-its-relationship-to-analyzing-transactions. Access for free at https://openstax.org/books/principles-financial-accounting/pages/1-introduction
-
Abala ìwé ẹ̀kọ́
Analyze Business Transactions Using the Accounting Equation and Show the Impact of Business Transactions on Financial Statements
"Principles of Accounting, Volume 1: Financial Accounting: Analyze Business Transactions Using the Accounting Equation and Show the Impact of Business Transactions on Financial Statements" by OpenStax, OpenStax, Rice University, licensed under CC BY-NC-SA 4.0 (https://creativecommons.org/licenses/by-nc-sa/4.0/). Source: https://openstax.org/books/principles-financial-accounting/pages/3-4-analyze-business-transactions-using-the-accounting-equation-and-show-the-impact-of-business-transactions-on-financial-statements. Access for free at https://openstax.org/books/principles-financial-accounting/pages/1-introduction
Àwọn àjọ mìíràn ló tẹ̀ wọ́n jáde lábẹ́ ìwé àṣẹ ṣíṣí, a sì dá wọn lọ́lá bí wọ́n ṣe béèrè. Àwọn ìjápọ̀ ń ṣí ojú òpó wọn.
Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe
Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa The Accounting Equation? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.
Ṣe igbasilẹ ohun elo naa lori Google Playstore
Gbogbo ohun ti o nilo lati ṣe dara julọ ninu JAMB, WAEC ati NECO.
