The revenue and expense accounts can be further broken down into subaccounts for data collection and informational purposes. In Double-Entry Accounting, there are at least two sides to every financial transaction. Metro Courier, Inc., was organized as a corporation on January 1, the company issued shares (10,000 shares at $3 each) of the accounting equation may be expressed as common stock for $30,000 cash to Ron Chaney, his wife, and their son. Consequently, it is deduced that the data of this study is not substantially affected by common method bias, reinforcing the credibility of the findings 74. You can think of them as resources that a business controls due to past transactions or events. CFI is the global institution behind the financial modeling and valuation analyst FMVA® Designation.
The moderating role of left-behind status
- The objective of this study is to examine the mediating role of resilience in the relationship between teacher support and school adaptation among urban adolescents, while also assessing the moderating effect of left-behind status on the direct influence of teacher support.
- During the month of February, Metro Corporation earned a total of $50,000 in revenue from clients who paid cash.
- The first research question addressed the impact of teacher support on the school adaptation of Chinese urban adolescents.
- For example, an increase in an asset account can be matched by an equal increase to a related liability or shareholder’s equity account such that the accounting equation stays in balance.
- This study utilized only student and parent questionnaires and each sampled school included only four classes.
Metro Corporation earned a total of $10,000 in service revenue from clients who will pay in 30 days. Debits and Credits are the words used to reflect this double-sided nature of financial transactions. This change must be offset by a $500 increase in Total Liabilities or Total Equity. Gain unlimited access to more than 250 productivity Templates, CFI’s full course catalog and accredited Certification Programs, hundreds of resources, expert reviews and support, the chance to work with real-world finance and research tools, and more. For example, if a company becomes bankrupt, its assets are sold and these funds are used to settle its debts first.
Data availability
This discrepancy leads to the inferior school adaptation capabilities of rural left-behind adolescents compared to their non-left-behind peers. A possible explanation for this difference may be that teachers often hold stereotypes about left-behind children, perceiving them as having poor study habits and lower academic performance, which may lead to reduced attention and support for these students 2. Over time, this neglect would cause students to lose confidence, develop an aversion to learning and teachers 62.
Purchasing a Machine with Cash
Given that the data missing rate related to the left-behind status in this study is below 5%, we chose to remove this portion of missing data 63. After excluding cases with missing values in the non-agricultural Hukou variable, the final effective sample size for analysis was 2388 individuals. For example, an increase in an asset account can be matched by an equal increase to a related liability or shareholder’s equity account such that the accounting equation stays in balance. Alternatively, an increase in an asset account can be matched by an equal decrease in another asset account. It is important to keep the accounting equation in mind when performing journal entries.
- Bootstrap methods, with 1,000 iterations, were used to test the significance of the mediation effect.
- In addition, this study also found that teacher academic support and relationship support do not predict the school adaptation of urban left-behind adolescents.
- This study defines resilience as a dynamic capability that enables adolescents to recalibrate their mental outlook, dedicate themselves to academic endeavors, and successfully navigate the complexities of the school milieu amid adverse circumstances 47,48,49,50,51.
- The findings provide new insights into the adaptive processes in urban educational contexts, though certain limitations must be acknowledged.
- Hence, the establishment of a teacher-support-rich milieu is imperative for the well-being of urban adolescents.
Specifically, instrumental support refers to providing material assistance or services; informational support includes offering advice, guidance, or information helpful in problem-solving; emotional support encompasses forms of sympathy, care, respect, affirmation, or encouragement 23. Below is a break down of subject weightings in the FMVA® financial analyst program. As you can see there is a heavy focus on financial modeling, finance, Excel, business valuation, budgeting/forecasting, PowerPoint presentations, accounting and business strategy. This transaction affects only the assets of the equation; therefore there is no corresponding effect in liabilities or shareholder’s equity on the right side of the equation. Below are some examples of transactions and how they affect the accounting equation. Regardless of how the accounting equation is represented, it is important to remember that the equation must always balance.
Sampling and data collection
Bootstrap methods, with 1,000 iterations, were used to test the significance of the mediation effect. The 95% confidence intervals did not include zero, confirming the robustness of the mediation findings. According to Table 3, this study revealed that resilience played a mediating role in the relationship between teacher support and school adaptation, accounting for 8.36% of the total effect. Teacher Emotional Support from is quantified using two questions from item C26 of the CEPS student questionnaire, focusing on the teachers’ initiatives to collaborate with parents in addressing students’ emotional challenges, and their efforts to assist students directly. This dimension also employs a 4-point Likert scale, where a higher score signifies greater emotional support from teachers. Since teacher emotional support is measured by only two items, traditional confirmatory factor analysis could not be conducted.