acct229 at Texas A&M

1. The Accounting Equation

in Chapter 1 (Video 1 of 8)
The most fundamental part of accounting is the Accounting Equation: A = L + OE. We'll go over what it is, why it matters, and even touch a little bit on Double Entry Accounting.

This Video Mentioned Some Formulas

Assets = Liabilities + Shareholder's Equity (Or Owner's Equity)
Which sorority has better date parties?
ΧΩ or ΚΚΓ

Did I miss anything in Chapter 1?

What Did I Miss?