Accounting Equation Basics of Financial Accounting











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For full course, visit: https://academyofaccounts.org • Whatsapp : +91-8800215448 • In this lecture I have discussed the concept of double entry system in form of 'Accounting Equation'. • Students may find that in books it is presented as Assets = Capital + Liabilities but I have followed the Indian format of Balance Sheet in which Capital and Liabilities are shown in left side and Assets in the right side. • Students can change the sides as Assets = Capital + Liabilities if they want to match their answers with books. It will not effect the balances of Assets, Liabilities and Capital. • 🔴 Download Notes: https://drive.google.com/drive/folder... • 🔴 Connect on Facebook : •   / ca.naresh.aggarwal   • 🔴 Connect with Google+: https://plus.google.com/u/0/+CANaresh...

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