From the map determine in which geographic direction thepopulation shifted.
Financial Accounting Week 2 Bold: key word Green: definition Blue: to remember Red: very important è: Therefore, in consequence We had introduced the concept of the basic accounting equation à it is the prism through which we will analyze every recorded event. à We know a transaction has occurred if it has an impact on the accounting equation. Example: We are going into the Business of buyingstnd selling baseballs. The business goes into existence on January 1 , 2016. We are forming our Business as a sole proprietorship. The economic entity assumption: We tell the story of a discrete economic entity as if it were separate from its owners even if it’s legally not the case. à From an accounting standpoint, the economic en