Assignment 1: Discussion-The Accounting Equation
By the due date assigned, respond to the following in the Discussion Area below:
The accounting equation is assets = liabilities + owner’s equity.
Please explain the relationship between economic resources and claims to economic resources.
Why must this equation always balance?
What transactions increase or decrease owner’s equity?
How does net income or loss affect owner’s equity?
Provide an example of a transaction, applied to the accounting equation.
Be sure to cite any sources using APA style. You may use this APA Citation Helper as a guide.
Through the end of the module, provide substantive responses to at least two other students’ initial posts. Be sure to post to the Discussion Area on two different days to meet your weekly attendance requirement.
Assignment 1 Grading Criteria
Maximum Points
Initial Response
20
Discussion Participation
20
Writing Craftsmanship and Ethical Scholarship
10
Total:
50
Assignment 1: Discussion-The Accounting Equation
Our essay writing company helps you enjoy campus life. We have committed and experienced tutors and academic writers who have a keen eye in writing original papers for university students. Buy high-quality essays online from our team of professional assignment writers. Every paper we deliver is original and crafted from scratch. Our expertise covers a wide range of assignments, regardless of their difficulty or academic level. From concise essays to extensive research papers, dissertations/theses, and coursework, we handle projects of all sizes.
Get Essay Writing Help by Experienced Tutors. NO PLAGIARISM Guarantee!
