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Accounting Equation

In this video, we explain the Accounting equation—the foundation of all accounting principles! Learn how Assets = Owner’s Equity + Liabilities, with easy-to-understand examples to help you master the basics. Perfect for high school Accounting students and beginners. 💡 Need Extra Help? I offer affordable online or in-person Accounting lessons for Grades 10, 11, and 12, Accounting 1A & 1B— only R50 per month! 📞 Contact/WhatsApp: 063 339 2565 to book your spot today. 🎥 Watch more of my accounting videos for step-by-step explanations on journals, ledgers, and financial statements! Cash payment Journal Income Received In Advance    • Income Received In Advance Rent Income   Grade 10 Income Statement explained • Grade 10 Accounting November Paper 1: Inco... Grade 10 Balance sheet Explained • Grade 10 Accounting November Paper 1: Bala... Grade 10 GAAP Principles Explained • Grade 10 Accounting Lesson 2 | GAAP, Inter... Grade 12 Income statement explained • Grade 12 Accounting November Paper 1 2024:...