Need help with this portion of my assignment. Can anyone help?

Need help with this portion of my assignment. Can anyone help?

Question # 00087795 Posted By: echo7 Updated on: 08/03/2015 09:15 AM Due on: 09/02/2015
Subject Accounting Topic Accounting Tutorials:
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Need help with this portion of my assignment. Can anyone help? Assignment due Saturday...


Everything in Accounting typically falls into one of three categories, as illustrated by the Accounting Equation. State the Accounting Equation: Assets = _______________ + _______________

You will note that the Accounting Equation comprises 3 "categories", each of which can be broken down further into accounts. For each of the three main categories of the Accounting Equation, list 5 or more accounts with actual amounts that would typically be classified into each with double entry accounting bookkeeping system. For instance, Land & Equipment would typically be categorized as Assets.

To simplify your answers, complete the assignment using a basic table or diagram.

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  1. echo7
    Tutorial # 00082238 Posted By: echo7 Posted on: 08/03/2015 09:15 AM
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    Everything in Accounting typically falls ...
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