EP.11 Accounting 101 (Basic Accounting Equation)
from The Financial Bites Podcast Hosted by Chris Passmore
Welcome back to my ACCOUNTING 101 series of courses! Whether you are a business owner who wants to better understand accounting and finance or a new accounting student, these courses will help develop your fundamental understanding of basic accounting. In this course I discuss the basic accounting equation that all accounting is built upon. This is the equation of Assets = Liabilities + Stockholders Equity. In this course I discuss the concept behind this equation and how this reflects the activity of your business.
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