The Accounting Equation

Falene Young talks about the accounting equation in this accounting tutoring lab. Assets=liabilities+Stockholder’s Equity is the basis for all accounting, meaning that the equation always should be balanced.

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Accruals and Deferrals

https://vimeo.com/356748370 Falene Young talks about accruals and deferrals which all the hallmark of accrual accounting. This is used a lot in financial accounting, from cash

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