Understanding Spot FX Transactions**Spot Transaction: Definition**
A spot FX transaction is a purchase or sale of one currency for an...
Lessons
- Introduction to Accounting Skills for Managers
- Key Accounting Concepts
- Accounting Business Transactions and the Accounting Equation
- Accounting Skills - Case Study
- Rules of Debit and Credit
- Maintaining Accounting Records
- Cheat Sheet - Accounting for Common Business Transactions
- Accounting Case Study - Journal Entries
- Accounting Case Study - General Ledger and Trial Balance
Accounting Business Transactions and the Accounting Equation
In this lecture, we will learn about how businesses conduct transactions, how these transactions affect the financial position of the business and the concept of accounting equation.
The lecture discusses:
- Business transaction
- Types of accounts
- Accounting Equation
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