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The Accounting Review Vol. 49 No. 2 1974

Another Improbable Occurrence.

W. T. Andrews

Guilford College. 1

Abstract

Presents a hypothetical situation which is helpful in teaching and establishing several basic concepts of accounting for beginning accountancy students. Concepts that can be derived from the fairy tale story; Information on relationship between assets and expenses; Suggestion that accounting entities and the owner of those entities must be clearly identified.

DOI
10.2308/tar-4510952
Volume
49
Issue
2
Pages
369-370
Language
en
Sources
openalex crossref

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