@janrikoy: ASSET AT LIABILITY NGA YAN! #accounting #jbsuarez #nakakainiskaeh #bsa

Yeye :

depende po yan not all the time expense is asset, asset is expense

Corazon :

"pre" mean made in advance so PREPAID means you made payment for an expense in advance that's why considered siya as an ASSET (in accounting, we follow accrual method, which means you will incurr expense in the year you used that expense, but since naibayad mo na siya in advance without actually using it YET we still consider it as an asset) meanwhile unearned from the word itself HINDI MO PA DESERVE, hindi mo pa-earned yung pera na natanggap mo, AND WHAT DO YOU DO WHEN YOU RECEIVE A CASH IN ADVANCE FROM A CUSTOMER??? It results in a liability, meron kang responsibilidad na i-provide yung service/goods mo sa customer na yon in the future when it is required, that's why it's a liability PREPAID - payment TO in advance ASSET UNEARNED - payment FROM in advance LIABILITY hope this helps to those still confused:>>>

fiancé ni wally :

paano yung pagmamahal ko sa kan'ya? considered as asset ba 'yun?

leighhheu :

more ganito plss HAHHAHAHA

janpatrik :

NAPAKA EASY DEBIT- ASSET AND EXPENSE CREDIT- LIABILITIES,OWNER'S EQUITY, REVENUE

marj :

bakit po saamin yung Prepaid Expense, nilalagay sa expense ang nilalagay namin sa asset is Prepaid Rent

Jhu :

may postpaid ba

Naomi :

bwal poba gamitin yunh term na "unrendered revenue"? parang mas madali po kasing maintindihan eh

Sir Lerry :

Okie po sir. Noted po 🙏🏻

A :

sakittt ulooo ka d ko talaga getsss

Yüï Kömörï(Grech) :

Eh hindi naman ako mag aacounting nararanasan koyan sa strand ko

💜 :

assuming kase ako sorry kuya na mali tuloy

🌙 :

bakit ngayon lang 'to? naibagsak ko na exam ko (:

ShOtO ETR :

prepaid expenses, binayaran mo pero di mo pa nagagamit " like insurance" accured expenses , ginamit na pero hindi mo pa nababayaran , " salaries, internet etc. "

aintnowaybroo :

ano yung meaning ng di pa narender?

hhjdhni :

ako na ginawang expense yung prepaid expense sa bookkeeping exam 😅

Iamnicole :

sorry po

chobani :

sorry boss

Koolay {Comms are open} :

Accounting is just understanding Language ✨ I think our best friend could be a thesaurus ✨✨✨

ayii :

sorry po, next chapter na po

alei :

نيني :

patulog nako may accounting pa den