TY - JOUR

T1 - The Dual Aspects of Accounting Transaction and the Assets-Claims on Assets Equality in Axiomatic Theory

AU - Juarez Acosta, Fernando

PY - 2016

Y1 - 2016

N2 - The purpose of this study is to analyze the structure of the financial statements´ balance sheet and the dual aspects of accounting transactions from the viewpoint of axiomatic theory showing the relationship between assets and claims on assets. The methodology is rationalistic and analytical; it uses a well-known axiomatic theory to analyzing the balance sheet. The procedure involves a definition of axioms, an application of axiomatic theory, and an analysis of the assets-claims on assets relationship Results show that assets and claims on assets have a set structure and can be analyzed with the axiomatic theory, leading to the conclusion that they are not equal, under the analysis of set equality.

AB - The purpose of this study is to analyze the structure of the financial statements´ balance sheet and the dual aspects of accounting transactions from the viewpoint of axiomatic theory showing the relationship between assets and claims on assets. The methodology is rationalistic and analytical; it uses a well-known axiomatic theory to analyzing the balance sheet. The procedure involves a definition of axioms, an application of axiomatic theory, and an analysis of the assets-claims on assets relationship Results show that assets and claims on assets have a set structure and can be analyzed with the axiomatic theory, leading to the conclusion that they are not equal, under the analysis of set equality.

UR - https://www.iaras.org/iaras/filedownloads/ijmcm/2016/001-0017.pdf

M3 - Artículo

SN - 2367-895X

VL - 1

SP - 128

EP - 134

JO - International Journal of Mathematical and Computational Methods

JF - International Journal of Mathematical and Computational Methods

ER -