The Accounting Equation Cheat Sheet

The Accounting Equation Cheat Sheet
Resource Type
Common Core Standards
Product Rating
File Type

Word Document File

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33 KB|1 page
Product Description
This "cheat sheet" explains the accounting equation:
Assets=Liabilities+Owners Equity
It also details under each category what is an asset, what is a liability, and what is an owner's equity.

Students always love this. It's their "go to" the entire time during accounting.

This page goes along with the document called:
"Impact of Debits and Credits on Account Types"
They both go nicely in a plastic sleeve for students to reference
Total Pages
1 page
Answer Key
Does not apply
Teaching Duration
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