The accounting equation has been used, to some degree, for centuries. It was first documented in publication more than 400 years ago. The accounting equation is a powerful tool for determining the value of a business to its owners. Using this same valuation model, the story of redemption may be clearly presented, including the basis for valuing each individual.
Gadd, H. Robert Ph.D.
"The Accounting Equation and Redemption,"
The Journal of Biblical Foundations of Faith and Learning: Vol. 3
, Article 18.
Available at: https://knowledge.e.southern.edu/jbffl/vol3/iss1/18