Material Detail

This 5 minute YouTube video is number four of five videos that support Chapter One: Welcome to the World of Accounting of the Principles of Financial Accounting text by Larry Walther available from principlesofaccounting.com.  How the following transactions impact the accounting equation are illustrated:  1) collection of an accounts receivable, 2) purchasing equipment with debt financing, 3) providing services on account, and 4) paying expenses.  The mirror site url links to the text and illustrations used in the video.  Hard and electronic copies of the textbook must be purchased.

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