The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by ...
The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.
David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.
David has helped thousands of clients improve their accounting and financial systems ... The numerator of the equation is also more relevant if it is adjusted for continuing operations.