Recording sales under the accounting equation
ID:CVRSAE
Video Overview
When dealing with movements under the accounting equation, assets, owner’s equity and/or liabilities may be affected. A combination of, or just one of these areas may be affected. This tutorial deals with recording sales under the accounting equation. We are going to take a look at how the accounting equation is affected when a business makes a sale of trading stock (inventory).
Member Area
Please note
Internet access is required to view this product. You will be required to stream the online videos, which means you will incur data charges. Charges fluctuate depending on the length and complexity of the video.
These subscriptions will auto renew. E-mails will be sent to you 10 days before as a warning that it's about to auto renew. If you wish to cancel a subscription, you can visit 'Member Area - My Tickets and Subscriptions', where you can exercise the option to cancel.