Basic Accounting & Bookkeeping I Assets, Liabilities, Equity, Income, Expenses (for Beginners)
Автор: SkillUp Smart
Загружено: 2025-12-02
Просмотров: 48
Learn the four fundamental accounting terms — Assets, Liabilities, Equity / Owner's Capital, Revenue, and Expenses — explained simply for complete beginners!
In this short lesson, you’ll understand:
✅ What each term means in business
✅ The difference between what your business owns, owes, earns, and spends
✅ How these four categories form the foundation of every financial statement
Whether you’re new to bookkeeping, studying accounting for the first time, or just want to understand your small business finances — this video breaks down the essentials in clear, simple language.
📘 You’ll Learn:
What are Assets? (examples like cash, property, equipment)
What are Liabilities? (loans, bills, taxes)
What is Equity/ Owner's Capital?
What is Revenue? (sales, turnover, revenue)
What are Expenses? (rent, wages, utilities)
How these work together to show your business performance
🎓 Perfect for:
Beginners, students, entrepreneurs, and anyone learning bookkeeping or accounting basics.
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