Sunday, December 5, 2010

Reflections Post 4

During our shortened lecture of accounting we learned the basic equation for accounting which is Assets=Liabilities+equity. Then we also learned several other equations of accounting. Also we had a practice worksheet our class worked on during the lecture to practice the math based stuff over accounting. Then we also learned how accounting is important to managers, investers, suppliers and the government. All in all this class was quite interesting and i know accounting will come in to my life later on.

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