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- 2024-08-08 发布于北京
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Chapter2ReviewoftheAccountingProcess
EconomicEventsBasicModelExternalEventsInternalEventsInvolveanexchangetransactionwithanotherentityDonotinvolveanexchangetransactionwithanotherentityCausechangesinthefinancialpositionofthecompanyLO2-1
AccountingEquationUnderliestheprocessusedtocapturetheeffectofeconomiceventsLO2-1AssetsLiabilitiesOwners’Equity=+TotalEconomicResourcesTotalClaimsEachevent,ortransaction,hasadualeffectontheaccountingequation
AccountingEquation—TransactionAnalysis1.Anattorneyinvested$50,000toopenalawoffice.LO2-1
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