Financial statement data often doesn’t tell the ... both the increase and the decrease only affect one side of the accounting equation. Thus, the equation remains in balance.

Beginning with the accounting equation, students are introduced to the accounting cycle, preparation of the statement of financial position and the income statement, accounting for assets, liabilities ...

Data used to compile a company's EBITA can be found on its financial statements ... (the accounting practice of writing off the cost of an intangible asset over years) from the equation.