₦airaland Forum

Distinct123:
you have to get along with people

Yes mr distinct you need to get along with people to survive

Regardless of whether you are a doctor,lawyer,or engineer.

Financial literacy and education is necessary in this information age, everybody want to own business or buy shares or take loan from banks..

Aside from this unemployment is at alarming rate and there are lots of people going to work just to avoid embarrassment of sitting at home or being jobless.

The salary is so annoying and the work is tedious.

If you Believe that knowledge is money in this Information age,

You need to join our free accounting lessons and most importantly financial education on our YouTube channel..

All you need is your Data subscription that you will use to watch our videos

Remember data subscription is life,Data subscription is prosperity in this century.

We have publish useful videos on financial

Such as 5 habits that make people stay in poverty for life.

But today is accounting lessons for beginner who to read accounting data for their entrepreneurial journey.

You cannot afford to be a specialist unless you want to remain as an employee for life. You have to be a generalist.

So,


In today's lesson we break liability down for proper understanding and why it can help you in your relationship with financial expert.

At least you will not be deceived by the figure you see in your financial statement or your bank statements

Now let's get started.

What are liabilities?

Liability is more than what you owed to someone or organization.

The framework and IAS 37 has provided a detailed information about liabilities.

So I have broken the technical terms in the definition for you to understand.

In this lesson we also explained what is known as a contingent liabilities For you to understand.

Your business could have legal issues that can affect your company.

How do you prepare for the impending litigation in your book.

So that you can make intelligent and informed decisions like business owners and investors


https://www.youtube.com/watch?v=-zaK9bkwZ50

uprof:
that is what money affairs is set out to do

Do you find the information useful

uprof:
one is inflation

I hope you get that

uprof:
that great

it takes wisdom to accept wisdom

uprof:
OK!

go ahead and ask your questions

uprof:
I mean leave a message for me when you are done

hope that is clear

uprof:
OK!

go ahead and Ak your questions

Distinct123:
I have questions for you anyway

OK!

Distinct123:
I will live a message for you on that one

I mean leave a message for me when you are done

Distinct123:
anyway I have questions for you on this one

OK!

Distinct123:
i agree with that

that great

Distinct123:
yes i want to know

one is inflation

Distinct123:
I have questions aside from asset u mentioned

OK!

Distinct123:
tell me let me know

One is inflation

uprof:
I love that

you always follow my post

uprof:
good!

when you are done let me know

Distinct123:
is anything wrong with that

so many things are wrong

Distinct123:
can you tell me what is wrong

you want to know

Distinct123:
I was never told you before

nobody taught this in school

uprof:
OK!

go on with your question mr FAC

uprof:
Thanks mr Distinct

I'm very greatful for your contribution

Distinct123:
u said we get out of school and start looking for job

yes I said it

Distinct123:
you talk about savings mentality, is there anything wrong with savings

So many things are wrong!

Distinct123:
house and car it is a liability

Exactly if it doesn't bring you money

Distinct123:
I just read your post now. It is informative and challenging

Thanks mr Distinct

uprof:
That is not what I was saying

u didn't get my point

[quote author=uprof post=86795056]don't save more than your operating cash[/quote I hope you get that]