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ACC 205 Week 1 DQ 1 Accounting Equation

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DQ 1
Accounting Equation. As you have learned in this week’s readings, the Accounting
Equation is Assets = Liabilities + Owners’ Equity. Is the accounting equation true in all instances? Provide
sample transactions from your own experiences to demonstrate the validity of the Accounting Equation.
Guided Response:
Review several of your peers’ posts and identify some core components that you feel should be included in every
transaction. Respond to at least two of your peers and provide recommendations to extend their thinking.
Challenge your peers by asking a question that may cause them to reevaluate or add components to their  transactions.

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