In my high school in South Africa, we were made to take accounting for a time. The entirety of what I remember of the experience can be summed up thusly:
A. Equity = Assets - Liabilities
B. Test time! Here's something we've never talked about before: try to guess which side it goes on!
A. Equity = Assets - Liabilities
B. Test time! Here's something we've never talked about before: try to guess which side it goes on!