marzo 24th, 2021

Why is revenue considered in stockholder’s equity in accounting equation?

Content

What Is the Expanded Accounting Equation?
2: Define and Describe the Expanded Accounting Equation and Its Relationship to Analyzing Transactions
How the Extended Equation Works
Components of the Accounting Equation
Case B: Buy Equipment via Loan
Expanded Accounting Equation – Explained

X ends up with large s and issues a $10,000 dividend to its shareholders. X employs someone to operate its [...]