Teeter Totter Accounting focuses primarily on journal entries that can be viewed graphically in the form of a Teeter Totter. This should help users obtain a mental picture of the process. This mental picture is believed to be the key to unlocking the mystery behind the double entry accounting system. The book assumes the reader has a working knowledge of basic accounting including the accounting equation Assets = Liability + Owner’s Equity.
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About the Author
Accountant and Licensed Realtor in South Florida. I'm also involved with real estate investing and board game design. I've been teaching and tutoring accounting online for about fifteen years.