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      <title>Accounting notes by Luther Smith</title>
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      <description>Made with the strength to succeed</description>
      <language>en-us</language>
      <pubDate>2016-10-14 17:58:58 UTC</pubDate>
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      <webMaster>hello@padlet.com</webMaster>
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         <title>What is accounting?</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130838984</link>
         <description><![CDATA[<div>A method of reporting financial activity of a business</div>]]></description>
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         <pubDate>2016-10-14 18:02:04 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130838984</guid>
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         <title>What is accounting? </title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130839419</link>
         <description><![CDATA[<div>Financial transactions recorded in an orderly fashion </div>]]></description>
         <enclosure url="" />
         <pubDate>2016-10-14 18:03:11 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130839419</guid>
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         <title>Assets definition</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840233</link>
         <description><![CDATA[<div>Anything of value owned by the business.</div>]]></description>
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         <pubDate>2016-10-14 18:05:17 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840233</guid>
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         <title>Liabilities definition</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840441</link>
         <description><![CDATA[<div>money owned by the business.</div>]]></description>
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         <pubDate>2016-10-14 18:05:52 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840441</guid>
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         <title>Owners equity definition</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840812</link>
         <description><![CDATA[<div>net worth of the business. net worth is any asset owned minus any debt owned.</div>]]></description>
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         <pubDate>2016-10-14 18:06:43 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130840812</guid>
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         <title>Accounting equation</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130841945</link>
         <description><![CDATA[<div>Assets= liabilities + owners equity</div>]]></description>
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         <pubDate>2016-10-14 18:09:16 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130841945</guid>
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         <title>Balance Sheet</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130843265</link>
         <description><![CDATA[<div>reports assets, liabilities and owners equity on a certain day.</div>]]></description>
         <enclosure url="" />
         <pubDate>2016-10-14 18:11:42 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130843265</guid>
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         <title>Asset examples</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130843650</link>
         <description><![CDATA[<div>Company cars, office furniture, money, the building, etc.</div>]]></description>
         <enclosure url="" />
         <pubDate>2016-10-14 18:12:30 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130843650</guid>
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         <title>Liability examples</title>
         <author>8408748</author>
         <link>https://padlet.com/8408748/3rngwyiv4v6x/wish/130844132</link>
         <description><![CDATA[<div>Accounts payable, taxes due, mortgage payable, etc.</div>]]></description>
         <enclosure url="" />
         <pubDate>2016-10-14 18:13:41 UTC</pubDate>
         <guid>https://padlet.com/8408748/3rngwyiv4v6x/wish/130844132</guid>
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