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REFLECTION
Directions: In your own words, complete the following state-
ment. Write your answer on your answer sheet
1.) In this lesson I learned about
2.) The 3 elements of the accounting equation are
and
3.)
The
4
elements
that
affects
the
Owner's
Equity
are
4.) It's important to remember that for every transaction, the account-
ing equation should always be
5.)
After
this
lesson,
I
can
now​

REFLECTIONDirections In Your Own Words Complete The Following Statement Write Your Answer On Your Answer Sheet1 In This Lesson I Learned About2 The 3 Elements O class=

Sagot :

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1.) In this lesson I learned about accounting equations

2.) The 3 elements of the accounting equation are assests, liabilities, and

equity.

3.) The  4  elements  that  affects  the  Owner's  Equity  are revenue, expenses, common stock, and dividends

4.) It's important to remember that for every transaction, the account ing equation should always be Assests = Liabilities + Equity

5.) After  this  lesson,  I  can now use accounting equations

sorry in advance if my answers are wrong

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