Accounting Equation Builder / Accounting Equation Calculator
Select Transaction:
Amount
Cost (if any) ℹ Enter original cost only if different from amount. Leave blank if cost = amount. Applicable for sales, settlements, or disposals where profit/loss is calculated.
Transaction History & Accounting Equation
| # | Transaction | Amount |
|---|
📝 Instructions:
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Select a Transaction Type from the list.
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Enter the Amount — this is the transaction value (e.g., selling price, purchase price, settlement amount, etc.).
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Enter the Cost only if applicable:
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Applicable for transactions where there’s a difference between selling price and purchase price, or repayment vs. liability (e.g., “Sold Goods for Cash”, “Paid to Creditors in Full Settlement”).
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If left blank, the system assumes Cost = Amount (no profit or loss).
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If unsure whether “Cost” applies, check the transaction type — transactions that handle “cost” or “profit” internally in the accounting equation are the ones where cost matters.