I am struggling in my accounting coarse and need help with breaking down the accounting equation, debits and credits. What will increase and decrease in the accounting equation, how different transactions affect the income statement and statement of cash flows. Also, understand how different formulas affect the accounting equation. I understand the basics: Assets= Liabilities + Stockholder equity. The account titles and transactions confuses me and solving math problems. We have completed Chapters 1-4 in Accounting 211. The textbook being used is Fundamental Financial Accounting Concepts.Warm regards,Kendra

I've sent this question however I have found many mistakes in the answer could you please do this again.  the attachment shows an image of part B answered by yourself I wanted to know how was the 'Weightage' column worked out and also the rest of the columns numbers are wrong as they dont show the correct answer when inputted in to calcuator.   Consider a bank with the following balance sheet (M means million):  Assets Value Duration of the Asset Convexity of the Asset 5yr bond bought at a yield of 3.4% (lending money) $550M 4.562 12.026 12yr bond bought at a yield of 4% (lending money) $800M 9.453 53.565   Liabilities Value Duration of the Liability Convexity of the Liability 2yr bond sold at a yield of 2.4% (borrowing money) $300M 1.941 2.384 4yr bond sold at a yield of 2.8% (borrowing money) $500M 3.759 8.206     Required a) Calculate the equity (total asset – total liability) to asset ratio of the bank  (Hint:…

Required information [The following information applies to the questions displayed below.] Nicole's Getaway Spa (NGS) continues to grow and develop. Nicole is now evaluating a computerized accounting system and needs your help in understanding how source documents inform accounting processes. She also needs some help reconciling NGS's bank account. Required: 1. For each source information shown below, prepare the appropriate journal entry. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Purchase order dated October 13 for massage chairs costing $840 and oil supplies costing $315. b. Remittance advice from customer for $108, received October 17. c. Receiving report indicating October 22 receipt of October 13 order. Also received supplier invoice totaling $1,155. d. NGS check for payment in full of October 13 order.

Students will occasionally comment that they are studying to become accountants yet never mention Accounting Information Systems. Discuss the flaws in such reasoning.