Teeter Totter Accounting

Teeter Totter Accounting focuses primarily on journal entries that can be viewed graphically in the form of a Teeter Totter. This should help users obtain a mental picture of the process. This mental picture is believed to be the key to unlocking the mystery behind the double entry accounting system. The book assumes the reader has a working knowledge of basic accounting including the accounting equation Assets = Liability + Owner’s Equity.