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Xac/280 Week 1 Reflection Journal

Satisfactory Essays

I feel this week was very beneficial to me as well as to my business career. I think the information was helpful and made me understand things better. I was unaware of some of the terms in the book, but learned them. This week was smoother than the first week. I thought the first week has been the toughest so far. I feel I am doing well in the course, but I will continue to do better on my assignments. In chapter eight there was information on the accounting equation. I feel this information is something everyone should be aware of. These deals with people’s finances and everyone should be aware of those. Accounting equation means Assets = Liabilities + Owners Equity. Assets are anything that is valuable to the firm. Liabilities are things

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