The Accounting Equation SIMPLIFIED
➡️ Download the following Infographic & Excel File!
Infographic: https://www.yourcfoguy.com/templates/...
Excel File: https://www.yourcfoguy.com/templates/...
In this video, I’ll walk you through:
What is the Accounting Equation?
Why is this equation so important?
Definition of Assets, Liabilities & Owner's Equity
How the Accounting Equation adds up
⏱️ TIMESTAMPS
0:00 Intro
0:07 What is the Accounting Equation and Why is it important?
0:25 Infographic & Excel File to download
0:47 The Accounting Equation - Definition
1:00 Assets - Definition
1:11 Assets - Examples
2:14 Left vs Right side of the Equation
2:30 Liabilities - Definition
2:47 Liabilities - Examples
3:07 Owners Equity - Definition
3:27 Owners Equity - Explanation with Example
3:40 Equity Accounts
4:40 Owners Equity - More Examples
4:50 Why is this Equation so special?
5:10 Double Entry Accounting
5:20 Example
5:57 Example 2
6:27 Outro
ABOUT THIS CHANNEL
Looking to level up your career in Finance & Accounting? You're in the right place. Each week I upload videos around Accounting, FP&A, and Excel to help you grow in your career and learn something new.
⚡️ Check out my channel here: / @yourcfoguy
Don’t forget to subscribe!
🔎 FIND ME AT
https://www.yourcfoguy.com
➡️ Subscribe to my Newsletter!
https://www.yourcfoguy.com/newsletter
🔗 FOLLOW ME ON SOCIAL
Get updates or reach out to Get updates on our Social Media Profiles!
LinkedIn: / joshaharonoff
Twitter: / yourcfoguy
Watch video The Accounting Equation SIMPLIFIED online without registration, duration hours minute second in high quality. This video was added by user Josh Aharonoff (Your CFO Guy) 01 March 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 4,390 once and liked it 237 people.