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Accounting A001
Flashcards about the Accounting Equation
18
Accounting
Undergraduate 1
10/18/2011

Additional Accounting Flashcards

 


 

Cards

Term
Assets = Liabilities + ?
Definition
Owner's Equity
Term
? = Liabilities + Owner's Equity
Definition
Assets
Term
Assets = ? + Owner's Equity
Definition
Liabilities
Term
Owner's Equity (ending) = Owner's Equity (beginning) + Profit - ?
Definition
Drawings
Term
? = Owner's Equity (beginning) + Profit - Drawings
Definition
Owner's Equity (ending)
Term
Owner's Equity (ending) = ? + Profit - Drawings
Definition
Owner's Equity (beginning)
Term
Assets = Liabilities + Owner's Equity (beginning) + Profit - ?
Definition
Drawings
Term
Assets = Liabilities + Owner's Equity (beginning) + ? - Drawings
Definition
Profit
Term
Profit = Revenue - ?
Definition
Expenses
Term
Profit = ? - Expenses
Definition
Revenue
Term
? = Revenue - Expenses
Definition
Profit
Term
Owner's Equity (ending) = Owner's Equity (beginning) + Revenue - ? - Drawings
Definition
Expenses
Term
Owner's Equity (ending) = Owner's Equity (beginning) + ? - Expenses - Drawings
Definition
Revenue
Term
? = Owner's Equity (beginning) + Revenue - Expenses - Drawings
Definition
Owner's Equity (ending)
Term
Assets = Liabilities + Owner's Equity (beginning) + Revenue - Expenses - ?
Definition
Drawings
Term
Assets = Liabilities + Owner's Equity (beginning) + ? - Expenses - Drawings
Definition
Revenue
Term
Assets = Liabilities + Owner's Equity (beginning) + ? - Expenses - Drawings
Definition
Revenue
Term
Assets = Liabilities +? + Revenue - Expenses - Drawings
Definition
Owner's Equity (beginning)
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