## Overview

This module covers the fundamental accounting framework and double-entry principles, including the accounting equation, debit and credit rules, and general journal usage. Topics include asset liability equity relationships, dual effect of transactions, and journal format and postings.

## 1. Accounting equation and account types

- [Assets, liabilities, and equity relationships](acca-fa2-accounting-equation-and-account-types-assets-liabilities-and-equity-relationships.md)
- [Income and expenses classification](acca-fa2-accounting-equation-and-account-types-income-and-expenses-classification.md)
- [Capital vs revenue expenditure](acca-fa2-accounting-equation-and-account-types-capital-vs-revenue-expenditure.md)

## 2. Double-entry principles

- [Debit and credit rules by account](acca-fa2-double-entry-principles-debit-and-credit-rules-by-account.md)
- [Dual effect and narrative of entries](acca-fa2-double-entry-principles-dual-effect-and-narrative-of-entries.md)
- [Opening balances, capital, and drawings](acca-fa2-double-entry-principles-opening-balances-capital-and-drawings.md)

## 3. General journal usage

- [Journal format and postings](acca-fa2-general-journal-usage-journal-format-and-postings.md)
- [Transfers and reclassifications](acca-fa2-general-journal-usage-transfers-and-reclassifications.md)
- [Correcting entries and narratives](acca-fa2-general-journal-usage-correcting-entries-and-narratives.md)


Free ACCA FA2 Accounting Framework and Double-Entry Study Guide