Thank you soo much for this video! I was struggling with this topic in my Business and Management course, and was stressed for my exam, but now its a lot clearer!!! Great video:)
Okay, so the equity and liabilities equals the assets? Thank you! It makes sense because the liabities equal $2,000 as well as the equity. The assets are $4,000. $2,000+$2,000=$4,000. It's simple math.
What if you take a loan to get inventory, in that case your assets are still equal to the liabilities. But what happens if after this the inventory becomes less valuable? Then the loan is more than the inventory and it’s not balanced anymore
+Martin Cyrill Bonos I probably answered this a bit late but if the question is something like, Assets: cash at bank 12000 liabilities: ? Owner's Equity: ? If nothing else is given then it would be Assets Cash at Bank 12000 Liabilities: nothing Owner's Equity: Capital 12000
If total liabilities increased by 150.000 during the year and the total liabilities decreased by 80.000, what is the amount of total asset athe the end of the year ?
Thank you soo much for this video! I was struggling with this topic in my Business and Management course, and was stressed for my exam, but now its a lot clearer!!! Great video:)
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Same
You have simplify the accounting equation,good work
Please make videos of solving questions of balance sheet, income statement and cash flow.
simple and comprehensive, easy to understand.............. :)
nice it really helped me in the start
Okay, so the equity and liabilities equals the assets? Thank you! It makes sense because the liabities equal $2,000 as well as the equity. The assets are $4,000. $2,000+$2,000=$4,000. It's simple math.
What if you take a loan to get inventory, in that case your assets are still equal to the liabilities. But what happens if after this the inventory becomes less valuable? Then the loan is more than the inventory and it’s not balanced anymore
Thank you sooo so sooo much, thsi really helped me. I really appreciate your effort
Great video. Thanks for using simple numbers so that i can focus on the equation.
Doe she liability and equity also gotta be equal also?
(a) "Accounting equation is under all circumstances".Justify this statement with any five examples.
Well got;good explaining
Is your website still open ?I can't find it
How do you get the liabilities and owner's equity if the given is only asset?
+Martin Cyrill Bonos I probably answered this a bit late but if the question is something like,
Assets: cash at bank 12000
liabilities: ?
Owner's Equity: ?
If nothing else is given then it would be
Assets Cash at Bank 12000
Liabilities: nothing
Owner's Equity: Capital 12000
+DakiniBrave yes something like that
hahahah youre in a pickle
??
What
Good. Easy to understand👍
If total liabilities increased by 150.000 during the year and the total liabilities decreased by 80.000, what is the amount of total asset athe the end of the year ?
70.000? am i right?
Thank You Sir.
journal kaise banate hai
Thank you!
❤❤❤
What does capital mean..... Homie this vedio is super use full please reply for my question
super boy it's your investment
Capital is your own money
why assets must = these ?
Still doesn't make sense how both have to be equal. Can someone plz explain?
Asset = Liability + Equity ....
Suppose Asset = 500 ✓
Then Liability + Equity = 500 ( must )
Thank u
thank you so much for the video.
What is the formula on getting the projected balance sheet?
How do we treat unused telephone in Accounting equation
As a revenue
How it treated as revenue
Thanks👍
Activo = pasivo + patrimonio
We appreciate this a lot guys #GryndedBulls 97
Yeah I still don't understand
fantastic
Awesome
I felt like I wasted my time, did not explain relation.
U should've paid attention in class then
Sir question no. 10
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Abm pa mga gaguuu
supper
nice
:)))