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  • Diagram of Accounting Equation

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    Mary
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    This is a diagram that shows three categories Asset, Liabilities, and Stockholders' Equity. The items within each are subsets of those categories. In the top Stockholders' Equity the subset Retained Earnings has it's own subsets of Revenues, Expenses, and Dividends. The total of Stockholders' Equity and Liabilities must equal Assets.

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    This is a diagram that shows three categories Asset, Liabilities, and Stockholders' Equity. The items within each are subsets of those categories. In the top Stockholders' Equity the subset Retained Earnings has it's own subsets of Revenues, Expenses, and Dividends. The total of Stockholders' Equity and Liabilities must equal Assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1K views1 page

    Diagram of Accounting Equation

    Uploaded by

    Mary
    This is a diagram that shows three categories Asset, Liabilities, and Stockholders' Equity. The items within each are subsets of those categories. In the top Stockholders' Equity the subset Retained Earnings has it's own subsets of Revenues, Expenses, and Dividends. The total of Stockholders' Equity and Liabilities must equal Assets.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Assets = Liabilities + Stockholders Equity

    Stockholders Equity

    Common Stock

    Retained Earnings
    Subaccounts
    Revenues (Expesnes) (Dividends)

    Assets Liabilities

    Account
    Accounts
    Payable
    Receivable
    Land
    Cash Unearned
    Revenues
    Equipment Notes
    Building
    Payable
    Prepaid Salaries
    Supply
    Payable

    MJC 2017

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