The Accounting Equation: Assets = Liabilities + Equity
The formula defines the relationship between a business’s Assets, Liabilities and Equity. This data from Alphabet Inc.’s 2021 balance sheet shows how the equation works. Analyze a company’s financial records as an analyst on a technology team in this free job simulation. However, equity can also be thought of as investments into the company either …
The Accounting Equation: Assets = Liabilities + Equity Read More »