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Qaagi - Book of Why

Causes

Effects

You can runcreateaccounting on this transaction

Milan Transactions Effects on Accounting Equation Created by Milan Accounting Equation Increase(passive) Created byAccounting Equation

of three elements namely Assets , Liabilities and Capital(passive) is composedAccounting equation

Milan Assets + Expenses Owners Equity + Revenue + Liability Debit Credit Increase Decrease Debit Credit Situation 1(passive) Created byAccounting Equation

double entry(passive) is influenced byAccounting equation

Assets = Liabilities + Owner 's Equity Visualize the start of a businesscreateaccounting transactions for it

charged in advancecauseAccounting Equation

you give the inventory a zero valueto preventaccounting transactions from being made

you give it a zero valueto preventaccounting transactions from being made

water to flow through a pipe from one tank to anothercausewater to flow through a pipe from one tank to another

Accounting transactionsresultsAccounting transactions

Tax ReportCreateTax Report

related hard cash flowswill discoverrelated hard cash flows

an increase in an assetcausesan increase in an asset

budgets and moreto createbudgets and more

to recommended changes to assure regulatory complianceledto recommended changes to assure regulatory compliance

conflicting pieces of informationcreatedconflicting pieces of information

fraud and losses and finallyto preventfraud and losses and finally

to high rate of burnout in nursesleadingto high rate of burnout in nurses

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Smart Reasoning:

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