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.
What is the Accounting Equation? The accounting equation, also called the basic accounting equation, forms the foundation for all accounting systems. In fact, the entire double entry accounting concept is based on the basic accounting equation. This simple equation illustrates two facts about a company: what it owns and what it owes. The accounting equation equates a companyâs assets to its liabilities and equity. This shows all company assets are acquired by either debt or equity financing.