ACC205 week 1 DQ
ACC205 week 1 exercise
July 16, 2018ACC205 week 2 exercise
July 16, 2018DQ 1: As you have learned in this weekâs readings
the Accounting Equation is Assets = Liabilities + Ownersâ Equity. Is the
accounting equation true in all instances? Provide sample transactions from
your own experiences to demonstrate the validity of the Accounting Equation. DQ2: what does the term account mean? What are the
different classifications of accounts? How do the rules for debits and credits
impact accounts? Please provide an example of how debits and credits impact
accounts.