Accounting 10, 20, 30
Course Configurations
Analyze the relationship between assets, liabilities and owners’ equity within the accounting equation.
Indicators for this outcome
| (a) | Define assets, liabilities and owners’ equity (capital). |
| (b) | Classify and sort examples of assets, liabilities and owners’ equity. |
| (c) | Explain the accounting equation relationship (i.e., a = l + oe). |
| (d) | Manipulate and solve problems using the accounting equation. |
| (e) | Examine how business transactions affect the accounting equation and apply to calculations. |
| (f) | Analyze the preservation of equality (e.g., increasing assets impacts liabilities and owners’ equity) within the accounting equation. |
Loading...
