Accounting Equation Made Simple | What You OWN vs What You OWE

🔢 Understand the Foundation of Accounting in Just a Few Minutes!
In this video, we break down the basic accounting equation:
Assets = Liabilities + Equity
This simple but powerful formula shows what a business owns, what it owes, and what’s truly theirs after paying debts.

Whether you're a student, entrepreneur, or just brushing up your finance knowledge — this is the best place to start!
📘 Learn how every financial transaction impacts the balance sheet and why this equation is the cornerstone of all accounting systems.

👉 Great for beginners, business owners, and finance enthusiasts!
👍 Don’t forget to like, comment, and subscribe for more clear & concise financial education videos!

⏱️ Timestamps:
00:00 - Introduction
00:03 - What is the Accounting Equation?
00:07 - Assets, Liabilities, and Equity Explained
00:22 - What are retained earnings

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