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Basic Accounting Equation || Fundamental Accounting | Chapter one

Автор: Genanew Tutorials

Загружено: 2025-10-12

Просмотров: 1107

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Fundamentals of Accounting I – Basic Accounting Equation 👇
🎥 Description:
Welcome to Genanew Tutorials! In this video, we clearly explain the Basic Accounting Equation; the foundation of all accounting systems. You will learn how Assets, Liabilities, and Owner’s Equity are connected and how every business transaction affects this equation.

Whether you’re a beginner in accounting or reviewing for exams, this lesson will help you understand the key relationship:

👉 Assets = Liabilities + Owner’s Equity

We’ll cover:
✅ The meaning of each component
✅ How transactions affect the equation
✅ Simple examples for better understanding

🎓 Perfect for students, beginners, and anyone interested in accounting basics.

🔔 Subscribe to Genanew Tutorials for more videos on Accounting, Finance, and Taxation.
👍 Like, Comment, and Share if you found this helpful!
#Accounting #Asset #equity #Liabilities
#FundamentalAccounting #accountingequation #AccountingForBeginners #GenanewTutorials #AssetsLiabilitiesEquity #AccountingEducation #LearnAccounting

Basic Accounting Equation || Fundamental Accounting | Chapter one

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