Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Uploaded on Aug 31, 2011
This lecture explains the "normal balances" of the accounts relating them to I. The Accounting Equation, and II. The Owner's Equity Account Students are encouraged to learn to classify accounting 5 ways (A,L,C,R,E), 2 ways (BS and IS), and 2 ways (real and nominal). Two transactions are journalized and posted to t-accounts.