The Disadvantages of the Accounting Equation?

Answer Accounting students learn about the accounting equation at the beginning of their classroom education. When writing out the accounting equation, the student records the value of the assets and conf... Read More »

Top Q&A For: The Disadvantages of the Accounting Equation

Effects of Theft on the Accounting Equation?

The standard accounting equation states that assets are equal to liabilities plus owner's equity. Theft within an organization has effects on this equation because it reduces the amount of assets a... Read More »

How Are Business Transactions and Financial Statements Related to the Accounting Equation?

Investors, lenders and managers rely on published financial statements to evaluate company performance and make decisions. Investors decide which companies to put their money into. Lenders determin... Read More »

The Disadvantages of Computerized Accounting Systems?

Often enough we talk about computerized accounting as the most wonderful thing for businesses. Many people wonder how they got by without it. Using software for accounting has become so common tha... Read More »

How to Convert a Slope-Intercept Form Equation Into a General Linear Equation?

When writing linear equations, you can use either the slope-intercept form or general form. The advantage of slope-intercept form, or y = mx + b, is that you can immediately see the slope, m, and t... Read More »