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he Accounting Equation is Assets = Labilities + Capital - Drawing + Revenue - Expenses. ssets: The plus (+) side for assets is placed on
he Accounting Equation is Assets = Labilities + Capital - Drawing + Revenue - Expenses. ssets: The plus (+) side for assets is placed on the left. The minus () side is placed on the right. iabilities and owner's equity: Because these classinications are placed on the opposite side of the equals sign, the plus ( + ) and he minus () signs are also placed on the opposed sides (switched around). Iibility, and owner's equity classifications together: Fill in the Accounting equation below. he Accounting Equation is Assets = Labilities + Capital - Drawing + Revenue - Expenses. ssets: The plus (+) side for assets is placed on the left. The minus () side is placed on the right. iabilities and owner's equity: Because these classinications are placed on the opposite side of the equals sign, the plus ( + ) and he minus () signs are also placed on the opposed sides (switched around). Iibility, and owner's equity classifications together: Fill in the Accounting equation below
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