List and define the elements of the accounting equation.
$$\begin{array} { | l | l | }
\hline { \text { Element } } & \text { Definition } \
\hline \text { Assets } & \
\hline \text { Liabilities } & \
\hline \text { Shareholders' } & \
\text { Equity } & \
\hline \text { Revenues } & \
\hline \text { Expenses } & \
\hline \text { Gains } & \
\hline \text { Losses } & \
\hline \text { Distributions to } & \
\text { Owners } & \
\hline \text { Investments by } & \
\text { Owners } & \
\hline
\end{array}$$

Question

List and define the elements of the accounting equation.
 $$\begin{array} { | l | l | } 
\hline  { \text { Element } } & \text { Definition } \
\hline \text { Assets } & \
\hline \text { Liabilities } & \
\hline \text { Shareholders' } & \
\text { Equity } & \
\hline \text { Revenues } & \
\hline \text { Expenses } & \
\hline \text { Gains } & \
\hline \text { Losses } & \
\hline \text { Distributions to } & \
\text { Owners } & \
\hline \text { Investments by } & \
\text { Owners } & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of List and define the elements of the accounting equation.
 $$\begin{array} { | l | l | } 
\hline  { \text { Element } } & \text { Definition } \
\hline \text { Assets } & \
\hline \text { Liabilities } & \
\hline \text { Shareholders' } & \
\text { Equity } & \
\hline \text { Revenues } & \
\hline \text { Expenses } & \
\hline \text { Gains } & \
\hline \text { Losses } & \
\hline \text { Distributions to } & \
\text { Owners } & \
\hline \text { Investments by } & \
\text { Owners } & \
\hline
\end{array}$$

List and Define the Elements of the Accounting Equation