LEARNING OBJECTIVES Determine the effects of business activities Nature of Business Transactions Business activities that affect the accounting equation are called transactions. Transactions include two types of activities or events, external events and internal events. External events are measurable exchanges between the business and others – exchanges of assets and services from one entity for…
LO1 Categorise business types and organisational forms. LO2 Describe accounting and its role in business decisions. LO3 Identify users of financial information. LO4 Describe the fundamental accounting equation and elements of financial. LO5 Explain the structure of basic financial statements. LO6 Understand the importance of ethical decisions in financial reporting and business 1. Business Types…
What is the 1-2-3 Trading Signal? It’s a bottom, a correction, retest that does not go beyond the original bottom, and then, rebound beyond the correction. Point 1: This is the bottom. Point 2: this is the correction. Point 3: This is the retest the DOES NOT GO BEYOND point 1. If it does then…