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Este Cmap, tiene informaciĆ³n relacionada con: Accounting concepts for managers, Some accounts increase by the debit an credit and another ones decrease by the debit and credit. So Assets: increase left and decrease right Revenue: decrease left and increase right Liability: decrease left and increase right Equity: decrease left and increase right Expenses: increase left and decrease right, Luca Pacioli The Accounting Equation Assets = Liabilities + Equity, Assets = Liabilities + Equity Every transaction has a double impact Networth = Assets - Liabilities, Some accounts increase by the debit an credit and another ones decrease by the debit and credit. T account He created a complex system, Luca Pacioli The Double Entry Concept He created a complex system, Luca Pacioli ???? Father of accounting, Accounting concepts for managers ???? Luca Pacioli