Expanded Accounting Equation
Assets = Liabilities + Stockholders' Equity
Assets = Liabilities + Common Stock + Retained Earnings
Assets = Liabilities + Common Stock + Net Income - Dividends
Assets = Liabilities + Common Stock + Income - Expenses - Dividends
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Famous quotes containing the words expanded, accounting and/or equation:
“One could love reason like an Encyclopaedist and still be favorably inclined toward mysticism. Throughout the ages, up to the eyes of van Gogh, when he looked at a coffee pot or a garden path, mysticism has expanded the human realm by all sorts of threshold experiences.”
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