Module 1 vocabulary: accounting

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Lectura

Asset: an item with economic value now or in the future.
Liability: a financial obligation that must be repaid.
Equity: ownership of assets.

Aportes 16

Preguntas 1

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You will need this in the future, trust me.
This is about Equity:

Activo: Un artículo con valor económico ahora o en el futuro.
Pasivo: Una obligación financiera que debe pagarse.
Patrimonio: Propiedad de los activos.

I share with you this infographics

This class is very important for me, I learned new words

simple is the best

This class was too long ! XD

very goog

Liability is the fancy way to say Debt

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Good

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Great

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this are concepts we help us to know what’s happening in our financial statements and create a good plan in order to have a good financial life.