1. In accounting its important to understand that there may beevents that occur that are not businesstransactions. Please give us an example of a businesstransaction that affects the accountingequation. Remember that the expanded accounting equationis: Assets = Liabilities + Owner's Equity + Revenue -Expenses. Please be sure that you provide thistransaction in General Journal format. Additionally giveus an example of an event that is not an accountingtransaction.
2. Please let us know what you are doing to get those rules ofdebit and credit memorized. Please let us know if youhave any hints to help us with this process.
Please make sure that your initial post contains a properlycited reference. Please use APA style. Youshould cite your text as a minimum. Additionally, checkyour spelling and proofread your post before you hit the submitbutton.
1. In accounting its important to understand that there may beevents that occur that are not businesstransactions. Please give us an example of a businesstransaction that affects the accountingequation. Remember that the expanded accounting equationis: Assets = Liabilities + Owner's Equity + Revenue -Expenses. Please be sure that you provide thistransaction in General Journal format. Additionally giveus an example of an event that is not an accountingtransaction.
2. Please let us know what you are doing to get those rules ofdebit and credit memorized. Please let us know if youhave any hints to help us with this process.
Please make sure that your initial post contains a properlycited reference. Please use APA style. Youshould cite your text as a minimum. Additionally, checkyour spelling and proofread your post before you hit the submitbutton.
