ASSETS AND LIABILITIES IN ACCOUNTING - [[ALL IN 24MIN]]????

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CFC Academy

Published on Mar 4, 2024
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ASSETS AND LIABILITIES IN ACCOUNTING - [[EVERYTHING IN 24MIN]]???? ✅ Learn EVERYTHING ABOUT THE 3R METHOD: • All about the 3R METHOD - Learn the fu... ???? GUARANTEE your spot in the 3R Method and PASS the CFC Exam: https://cfcacademy.com.br/metodo-3r-c... ???? Access THOUSANDS of Accounting Questions: https://cfcacademy.com.br/cfc-questoe... ✅ Be part of our Team: / @cfcacademy ---------- ???? Most relevant content on the channel ???? ---------------- 1️⃣ Learn EVERYTHING ABOUT THE 3R METHOD: • All about the 3R METHOD - Learn the fu... • ????‍???? All about Employment and Internship in C... 2️⃣ • ???? How to study for the CRC Exam Co... 3️⃣ • ????‍???? Accountant's Life - Accounting Sci... 4️⃣ • ???? Accounting Competitions - All about C... 5️⃣ • ???? Free Course for the CRC Exam • 5 TIPS to PASS the exam FAST ... • 2 ONLY CPC 00 topics SUMMARY for ... ???? JOIN OUR INSTAGRAM CHANNEL https://ig.me/j/AbaU-KexZ92QKes5/ Welcome to our video on Accounting Assets and Liabilities. In this video, we will explore the fundamental concepts of assets and liabilities in accounting, as well as the meaning of equity. Let's start with an overview of the concepts of assets and liabilities in accounting. Assets refer to all of the resources a company owns, while liabilities refer to all of the obligations the company has to third parties. Together, they form the basis of a company’s balance sheet. Next, we’ll dive deeper into the balance sheet assets and liabilities. We’ll discuss examples of items that can be classified as assets or liabilities and how they affect the total value of a company’s assets and liabilities. We’ll also cover the concept of net worth, which is the difference between a company’s total assets and total liabilities. We’ll show examples of how to calculate net worth and how it can be used to assess a company’s financial health. In addition, we’ll discuss the difference between assets and liabilities in accounting and how they relate to a company’s income and expenses. We’ll explain why some accounts, such as trade accounts payable, can be classified as either assets or liabilities, depending on the circumstances. Finally, we’ll explore more advanced concepts, such as current liabilities and total liabilities, and how they relate to a company’s financial management. We’ll also discuss the concept of financial liabilities in public accounting and how they differ from liabilities in general accounting. This video is perfect for accounting students, business owners, or anyone interested in learning more about the basics of accounting. So, if you want to better understand assets and liabilities in accounting, this video is for you. We hope you find this video helpful and informative. If you have any questions or comments, please leave them below. Thanks for watching and we hope to see you in our next accounting video! -------------------------------➡️ CHAPTERS ⬅️------------------------ 00:00 Introduction 05:30 What is an asset in accounting 06:50 Current assets and non-current assets 09:30 What is a liability in accounting 10:30 Current and non-current liabilities 12:00 What is Net Worth 13:00 What is Revenue in accounting 14:24 What is Expense in accounting 15:30 What are current and non-current assets and liabilities for 17:30 Fundamental Accounting Equation 18:00 Movement of accounting accounts 20:40 Origins and Applications ✅ THOUSANDS OF COMMENTED ACCOUNTING QUESTIONS FOR THE SUFFICIENCY EXAM, CNAI, ACCOUNTING EXPERTISE AND ACCOUNTING FOR PUBLIC COMPETITIONS. ????????????➡️: [[[ https://cfcquestoes.academy​]] ⬅️⬅️ ACCESS HERE ???????????? ---------------------------➡️➡️➡️[[[ OUR SOCIAL NETWORKS ]]]⬅️⬅️⬅️-------------------------- Instagram: https://ig.me/j/AbaU-KexZ92QKes5/ Twitter: / cfcacademybr Blog: https://cfcacademy.com.br TikTok: / cfcacademy ---------------------- #ACCOUNTING #CONCURSOPARACONTADOR #ProvadoCRC

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