Basic Financial Accounting

Financial accounting is a specialized branch of accounting that keeps track of a company's financial transactions. The main objective of financial accounting is to showcase an accurate and fair picture of financial affairs of the company.

From this app, you will able to learn basic Financial Accounting, key terms, equations and concepts. Some of the basic financial accounting terms that you get in this app is:

# Key Terms and Concepts to Know

# Accounting Equation

# Effects of Transactions on the Accounting Equation

# Financial Statements

# Sample True / False Questions

# Sample Multiple Choice Questions

# Basic Accounting Terms