he amount of owners' equity in a business is not affected by:     The percentage of total assets held in cash.     The investments made in the business by the owner.     The profitability of the business.     The amount of dividends paid to stockholders

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is