Activity 5. My Own Accountin Equation Applying the accounting equation to your daily fe as a student and consumer, write our transactions made on a day to day basis and analyse the offects of each vansaction to the different accounting accounts TRANSACTION ASSETS LIABILITIES OWNER'S EQUITY

Activity 5. My Own Accountin Equation Applying the accounting equation to your daily fe as a student and consumer, write our transactions made on a day to day basis and analyse the offects of each vansaction to the different accounting accounts TRANSACTION ASSETS LIABILITIES OWNER'S EQUITY

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.

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Activity 5. My Own Accountin Equation
Applying the accounting equation to your daily ife as a student and consumer, write
your transactions made on a day to day basis and analyse the offects of each
vansaction to the different accounting accounts
TRANSACTION
ASSETS
LIABILITIES
OWNER'S
EQUITY

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