Ground Beef Calculator. User selects fat or lean percentage: This page allows you to view nutrient information tailored to any fat or lean percentage within certain ranges, either for raw meat or meat cooked in a particular way.
The basic accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits. It can be expressed as.
DEFINITION of 'Accounting Equation'. The equation that is the foundation of double entry accounting. The accounting equation displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders.Thus, the accounting equation is: Assets = Liabilities + Shareholder Equity.The balance sheet is a complex display of this equation, showing that the total assets of a company are equal to the total of liabilities and shareholder equity.ny purchase or sale by an accounting equity has an equal effect on both sides of the equation, or offsetting effects on the same side of the equation. The accounting equation is also written as Liabilities = Assets â Shareholder Equity and Shareholder Equity = Assets â Liabilities. Next Up.