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Understanding Asset, Liability, and Equity | Bookkeeping Basics Explained
Рет қаралды 3,219
Күн бұрынThis video will explain what is asset, liability and equity. If you're new to these terms or need a refresher, you're in the right place.
Assets are things a company owns, like money, stuff they can sell, or property. These are super important because they help a company make money.
Debit is money a company owes to others, like loans or bills they haven't paid yet. It's like when you borrow money from a friend and promise to pay them back later.
Equity is what's left over when you take away all the debts from what the company owns. It's what the owners, or shareholders, get to keep.
Understanding these basics will help you get a handle on how companies work financially
Don't forget to like, share, and subscribe for more educational content on bookkeeping and accounting!
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@wazmink2459 3 ай бұрын
Feature more about bookkeeping and on QuickBooks. Thanks Ms. Kajea for easy cleared explanation. God bless you 🙏👍
@kajeavlogs 3 ай бұрын
My pleasure. 🥰 Thanks so much for watching my videos, hope you learn a lot. 😊😊
@dayana.bautista 2 ай бұрын
Done. thank you!
@tharselamandac7073 Ай бұрын
Done. Thank you!
@kajeavlogs Ай бұрын
well done!
@HannahLumalang 2 ай бұрын
Done thanks😊
@teacherschannel2413 2 ай бұрын
Done coach ♥️
@violetaarellano1154 2 ай бұрын
done.thanks
@jocelynluz 2 ай бұрын
Done 🥰
@marelgarcia4488 3 ай бұрын
Have a blessed Day Ms Kajea
@kajeavlogs 3 ай бұрын
🥰🥰
@victoriachavez4702 2 ай бұрын
Done Thanks
@crochetniisay 2 ай бұрын
Done
@natashafermin8067 2 ай бұрын
DONE☺
@madiskartengmeses0922 3 ай бұрын
Very informative 👍👌
@kajeavlogs 3 ай бұрын
Thank you so much for watching! 😍😍
@aprilgalvez7252 2 ай бұрын
DONE
@graceporras 3 ай бұрын
Thank you Mam
@kajeavlogs 3 ай бұрын
My pleasure. 🥰🥰 Thanks for watching my videos. ☺❤
@joancalimbo3517 3 ай бұрын
Thanks maam kajea
@kajeavlogs 3 ай бұрын
My pleasure. ☺ Hope marami kang natutunan sa video ko. 🥰
@WhengYu 2 ай бұрын
done
@kajeavlogs 2 ай бұрын
Well done! 👏
@ckschannel135 3 ай бұрын
Ms Kajea baka pwede po kayo gumawa ng video about po sa kung ano depreciation at paano ito at mga halimbawa po nito...
@ckschannel135 3 ай бұрын
Paano po nagwowork
@kajeavlogs 3 ай бұрын
will add sa list po.
@GemmaNietes-pf6of 2 ай бұрын
done po
@kajeavlogs 2 ай бұрын
Well done! 👏
@kuyakambo2327 3 ай бұрын
Hello mam, ituro po sana ninyo how to create QBOA US account here in the Phil, planning to serve US client
@kajeavlogs 3 ай бұрын
☺☺
@righttolearnrighttolearn2668 3 ай бұрын
Hello professor. I have a doubt regarding consignment account topic related. How can I co-ordinate with you?
@kajeavlogs 3 ай бұрын
Hello, you can message me here facebook.com/kajeavlogs/
@righttolearnrighttolearn2668 3 ай бұрын
@@kajeavlogs teacher I can't use Facebook
@righttolearnrighttolearn2668 3 ай бұрын
How can I solve my querys??
@Mary-anAlicaya-wt9yv 2 ай бұрын
Done
@JessaMayAlbo 2 ай бұрын
DONE
@rowenajavonitalla6239 2 ай бұрын
Done
@AirineAbanilla 2 ай бұрын
Done
@footsteppers_12 2 ай бұрын
Done
@JezaGales-to5xi 2 ай бұрын
Done
@reggiepangilinan5938 2 ай бұрын
Done
@kajeavlogs 2 ай бұрын
Well done! 👏