2006-12-03 10:20:28 · 10 answers · asked by jackie h 1 in Business & Finance ➔ Other - Business & Finance
Try not to write in RED INK!
2006-12-03 10:21:41 · answer #1 · answered by wandering_canuck 5 · 0⤊ 0⤋
Credits and debits must match (matching principle).
Asset = Liabilities + Shareholders' equity (A=L+SE)
Revenues and expenses must be recorded in the time in which they were incurred.
2006-12-03 10:21:46 · answer #2 · answered by mr_mumbles_nyc 3 · 0⤊ 0⤋
im not sure what your asking, for the basic rules. um... take a class like me and i guess that will help.
2006-12-03 10:21:46 · answer #3 · answered by stargurl_5887 3 · 0⤊ 0⤋
...never speak of accounting, rules number two: never speak of account... wait.
Wrong movie.
2006-12-03 10:22:00 · answer #4 · answered by amosunknown 7 · 0⤊ 0⤋
assets = owners equity +liability
2006-12-03 10:22:20 · answer #5 · answered by kt! 3 · 0⤊ 0⤋
Being able to count helps.
2006-12-03 10:21:59 · answer #6 · answered by Anonymous · 0⤊ 0⤋
assets = owners equity - liability
2006-12-03 10:21:42 · answer #7 · answered by interlude 4 · 0⤊ 0⤋
keep two books steal all you can and get out while the gettings good..
2006-12-03 10:21:50 · answer #8 · answered by Mad Dog Johnson 4 · 0⤊ 0⤋
Make your figures add up.
2006-12-03 10:28:00 · answer #9 · answered by Anonymous · 0⤊ 0⤋
make it balance
2006-12-03 10:21:59 · answer #10 · answered by falling leaves 3 · 0⤊ 0⤋