"Importance of Accounting" Please respond to the following. • In your own words, explain the recording process and the accounting equation to someone who has no accounting experience. Give your opinion on the elements or areas that might cause the most co

"Importance of Accounting" Please respond to the following.

• In your own words, explain the recording process and the accounting equation to someone who has no accounting experience. Give your opinion on the elements or areas that might cause the most confusion or be the most difficult to grasp.