Accounting equation

Definition:

Assets = liabilities + owner's equity. The accounting equation is the basis for the financial statement called the balance sheet.

Related terms:

An abbreviation of Free On Board

Ledger

Useful articles:

»	Going Wide & Deep With Cross Selling & Up Selling
»	Non-verbal Messages
»	The Ins and Outs of Merchant Accounts
»	Conducting Meetings Over the Internet

Car Cost

This calculator will get you the annual depreciated value of your car

Retirement

Use this calculator to help you create your retirement plan. View your retirement savings balance

Salary

Calculate gross and net wage, Salary and hourly overtime, Monthly and weekly, by hours or years

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

E-commerce

What's New on the Internet Scene?

According to CyberAtlas.com, the most growth in US Internet users was people over 65, and "by staggering margins". Here's some more from the latest surveys.

1. Older adults (... [ more... ]

Marketing

The One Single Most Valuable Skill You Must Learn

Without a doubt – the ability to influence people is the single most valuable skill in business today. Mastering influence will single handedly account for more business than any other s... [ more... ]

Marketing

Building Business by Building Rapport

In customer service, is it more important to be a good sender of information or receiver? For customer service providers, it is just as critical to listen as to speak. Is there an art to being a go... [ more... ]

Term: Accounting -> Accounting equation