Accounting for Beginners | Part 1 | The Accounting Equation

In part 1 of the accounting lesson for beginners, we explain what the accounting equation is and why it is important to understand the accounting equation. We explain assets, equity, and liabilities. We also give examples of assets, equity, and liabilities. We go through a complete example of doing the accounting equation. Accounting for Beginners | Part 2 | Debits and Credits | Journal Entries: https://youtu.be/Lrb2Wh7oXJs Accounting for Beginners | Part 3 | General Ledger (T-Accounts): https://youtu.be/3fXcgwxz5eM Accounting for Beginners | Part 4 | Accruals & Prepayments: https://youtu.be/WiHh75bjMe8 Accounting for Beginners | Part 5 | Trial Balance: https://youtu.be/VOB1jeu4Omg Accounting Equation | with Debits and Credits | Explained with Examples: https://youtu.be/tjBNhiV3Pos Join our live sessions: https://counttuts.com/events/ Check out other straightforward examples on our channel. We also offer one-on-one tutorials at reasonable rates. Connect with us: Email: info@counttuts.com Our Website: https://Counttuts.com Our Facebook Page: https://www.facebook.com/Counttuts Support our Efforts: paypal.me/counttuts