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	<title>Comments on: The basic accounting equation</title>
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	<description>Meeting All of Your Financial Needs</description>
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		<title>By: supercork</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-240</link>
		<dc:creator>supercork</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
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		<description>&lt;b&gt;w00t, future career ...&lt;/b&gt; &lt;br&gt; w00t, future career. ets=Liabilities+Owner&#039;s Equity. This isn&#039;t hard guys, I am taking accounting in HS and at a local CC, very simple.</description>
		<content:encoded><![CDATA[<p><b>w00t, future career &#8230;</b> <br /> w00t, future career. ets=Liabilities+Owner&#8217;s Equity. This isn&#8217;t hard guys, I am taking accounting in HS and at a local CC, very simple.</p>
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		<title>By: aggy028marc</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-241</link>
		<dc:creator>aggy028marc</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-241</guid>
		<description>&lt;b&gt;dude im a freshie ...&lt;/b&gt; &lt;br&gt; dude im a freshie and im previously taking this as a Major. any tips on how i could sink in to all this?? tnx men!</description>
		<content:encoded><![CDATA[<p><b>dude im a freshie &#8230;</b> <br /> dude im a freshie and im previously taking this as a Major. any tips on how i could sink in to all this?? tnx men!</p>
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		<title>By: haccountant</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-242</link>
		<dc:creator>haccountant</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
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		<description>&lt;b&gt;Accountancy [1] or ...&lt;/b&gt; &lt;br&gt; Accountancy [1] or accounting is the measurement, statement, or provision of urance about financial information primarily used by lenders, managers, investors, tax authorities and other decision makers to make resource allocation decisions between and within companies, organizations, and public agencies. The terms derive from the use of financial accounts.</description>
		<content:encoded><![CDATA[<p><b>Accountancy [1] or &#8230;</b> <br /> Accountancy [1] or accounting is the measurement, statement, or provision of urance about financial information primarily used by lenders, managers, investors, tax authorities and other decision makers to make resource allocation decisions between and within companies, organizations, and public agencies. The terms derive from the use of financial accounts.</p>
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		<title>By: jalopaty</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-243</link>
		<dc:creator>jalopaty</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-243</guid>
		<description>&lt;b&gt;sik video i am a ...&lt;/b&gt; &lt;br&gt; sik video i am a chartered accounted i told my dad that i passed my degree but really failed please help mee!!</description>
		<content:encoded><![CDATA[<p><b>sik video i am a &#8230;</b> <br /> sik video i am a chartered accounted i told my dad that i passed my degree but really failed please help mee!!</p>
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	<item>
		<title>By: MarkaRoxx</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-244</link>
		<dc:creator>MarkaRoxx</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-244</guid>
		<description>&lt;b&gt;AWSOME VIDEO!&lt;/b&gt; &lt;br&gt; AWSOME VIDEO!</description>
		<content:encoded><![CDATA[<p><b>AWSOME VIDEO!</b> <br /> AWSOME VIDEO!</p>
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		<title>By: Dallasboy678</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-245</link>
		<dc:creator>Dallasboy678</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-245</guid>
		<description>&lt;b&gt;Man thats ...&lt;/b&gt; &lt;br&gt; Man thats complicated.</description>
		<content:encoded><![CDATA[<p><b>Man thats &#8230;</b> <br /> Man thats complicated.</p>
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		<title>By: StuffedUpJerk</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-246</link>
		<dc:creator>StuffedUpJerk</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
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		<description>&lt;b&gt;I dont get it...I ...&lt;/b&gt; &lt;br&gt; I dont get it...I thought it was ets=libialities = capital.....sorry i just started principles of accounting and i wanted to get foundation before progressing</description>
		<content:encoded><![CDATA[<p><b>I dont get it&#8230;I &#8230;</b> <br /> I dont get it&#8230;I thought it was ets=libialities = capital&#8230;..sorry i just started principles of accounting and i wanted to get foundation before progressing</p>
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		<title>By: sakiusad</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-247</link>
		<dc:creator>sakiusad</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-247</guid>
		<description>&lt;b&gt;Soon IFRS and US ...&lt;/b&gt; &lt;br&gt; Soon IFRS and US GAAP will be merging....soon we will need more forensics accounting more then ever just because of IFRS rules that promotes accounting principles instead of adhering to specific rules like we do in the states. 

Best Example IFRS - R&amp;D- research is expensed whereas Development is capitalized and amortized at a rate in which the company sees fit till when the project it completed

US GAAP - Expense it all...no need overstating the financials to make things look good.</description>
		<content:encoded><![CDATA[<p><b>Soon IFRS and US &#8230;</b> <br /> Soon IFRS and US GAAP will be merging&#8230;.soon we will need more forensics accounting more then ever just because of IFRS rules that promotes accounting principles instead of adhering to specific rules like we do in the states. </p>
<p>Best Example IFRS &#8211; R&amp;D- research is expensed whereas Development is capitalized and amortized at a rate in which the company sees fit till when the project it completed</p>
<p>US GAAP &#8211; Expense it all&#8230;no need overstating the financials to make things look good.</p>
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	<item>
		<title>By: duardie2</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-248</link>
		<dc:creator>duardie2</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
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		<description>&lt;b&gt;what are th so ...&lt;/b&gt; &lt;br&gt; what are th so called journals or special jurnals?</description>
		<content:encoded><![CDATA[<p><b>what are th so &#8230;</b> <br /> what are th so called journals or special jurnals?</p>
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	<item>
		<title>By: justjustinme</title>
		<link>http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation/comment-page-1#comment-249</link>
		<dc:creator>justjustinme</dc:creator>
		<pubDate>Thu, 20 Nov 2008 01:42:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.fargowellsfinancial.com/accounting/the-basic-accounting-equation#comment-249</guid>
		<description>&lt;b&gt;Hey, I&#039;m in ...&lt;/b&gt; &lt;br&gt; Hey, I&#039;m in Accounting now. :) We are in corporate accounting right now, but I pretty much know what this is guy is talking about because we learned about sole-proprietorships. :)

Look out world, there is a new Accountant among you :)</description>
		<content:encoded><![CDATA[<p><b>Hey, I&#8217;m in &#8230;</b> <br /> Hey, I&#8217;m in Accounting now. <img src='http://www.fargowellsfinancial.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  We are in corporate accounting right now, but I pretty much know what this is guy is talking about because we learned about sole-proprietorships. <img src='http://www.fargowellsfinancial.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Look out world, there is a new Accountant among you <img src='http://www.fargowellsfinancial.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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