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April 6, 2020 at 8:45 am
Are this lectures and notes updates for the September 20 exams
April 18, 2020 at 1:51 pm
January 29, 2020 at 9:38 am
how do download the videos.. please I need help on that
April 18, 2020 at 12:43 pm
I know it’s a bit late to reply now, but still. You cannot download from the website to my knowledge.
January 13, 2020 at 10:25 am
in the definition of assets is it right to add that from which future economic benefits are expected to flow to the entity i.e. an asset is a present economic resource that an entity controls as a result of a past event from which future economic benefits are expected to flow to the entity
January 22, 2020 at 7:41 am
chinelson72 Perhaps this is a better way to explain. “An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity.”
September 17, 2019 at 2:22 pm
Hi Could you please explain a bit more Equity? If this is a residual interest on assets and liabilities, how this works in a practice, thush assets minus liabilities equals zero.. thank you in advance
December 16, 2019 at 8:09 pm
It’s purely what you own minus what you owe. If you’ve £100 in the bank but owe a friend £10, your equity is £90.
January 22, 2020 at 7:35 am
“Residual interest in assets less liabilities” It’s not like you wrote “a residual interest on assets and liabilities” Assets=Liabilities+Equity. Therefore Owner’s Equity=Assets-Liabilities. The residual interests in the assets that remain after deducting liabilities.
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