Assests, liablities and the accounting equation

Start Learning Accounting
What you'll learn
Assets and liabilities
The accounting equation
Accounts payable and accounts receivable
Double entry bookkeeping
Capital expenditure and revenue expenditure
Requirements
there are no basic requirements, this course is for everyone.
Description
It is vital that you acquire a thorough understanding of the principles of double entry bookkeeping. These principles, outlined in this course, apply to both cash and credit transactions.
The purpose of Course is to introduce the fundamentals of accounting, particularly the principles of double entry bookkeeping. It is essential that you understand the topics discussed in the next few chapters, as they form a basis for your studies of financial accounting
We will discuss following topics
Assets and liabilities
The accounting equation
Accounts payable and accounts receivable
Double entry bookkeeping
Capital expenditure and revenue expenditure
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