Tags » Liabilities

Assets and Liabilities

An asset is defined as a useful and desirable thing, or quality. Conversely, a liability is described as something disadvantageous. When analyzed in financial terms, a good goal is to have more assets than liabilities. 378 more words


Honesty as a Rule.

Man is driven by necessity

most times he walks with head high

behaves imperious unnecessarily

a  show off that he is invincible  in tries . 117 more words


Net Worth Statement – March 31, 2016

Related: Net Worth Updates

Since the big jump in our Net Worth (increased our house value from $800,000 to $825,000), we’ve seen pretty steady increases (aside from the first of the month, where I add that month’s upcoming expenses as liabilities.) 187 more words

Personal Finance

Assets Not Liabilities

I recently read a very popular book on personal finance. It was called Rich Dad, Poor Dad. I’m sure many of you have either heard of it or potentially read it. 496 more words


Classification of Financial Liabilities

PAS 39 Recognizes two classes of  Financial Liabilities;

  • Financial Liabilities at FV through Profit & Loss
  • Other Liabilities at Amortized Costs using the effective interest method  ex.
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Financial Accounting

How are Adele’s financial statements impacted when tickets to her North American tour sell out within a few minutes?

Adele released her third album, 25, in late 2015, quickly shattering several records. The album 25 was the first album to sell more than three million copies in a week and also racked up the most records sold in a week with 3.38 million records sold that first week. 292 more words

Teaching Accounting

Local Assets and Liabilities:

. The following lists some of the local assets and liabilities. Please comment in the comment box below, as you see fit.


  1. This area has a great location; …
  2. 518 more words
Assets And Liabilities