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.
In essence, the accounting equation is: Assets = Liabilities + Shareholders' Equity. The assets in the accounting equation are the resources that a company has available for its use, such as cash, accounts receivable, fixed assets, and inventory.he reason why the accounting equation is so important is that is always true-and it forms the basis for all accounting transactions. At a general level, this means that whenever there is a recordable transaction, the choices for recording it all involve keeping the accounting equation in balance.