Comments on: Understanding Accounting Basics (ALOE and Balance Sheets) https://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/ Math lessons that click Tue, 09 Jun 2020 04:11:00 +0000 hourly 1 By: ADARA christ https://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-347221 Thu, 16 Aug 2018 06:14:00 +0000 http://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-347221 Thank you for sharing this post, It is very helpful for students and also for accountants. Accounting is very important for everyone. Keep giving updates, So that people can get some deep information about accounts.

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]]> By: Chad F https://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-334953 Wed, 26 Apr 2017 23:09:06 +0000 http://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-334953 In reply to Maciu Raitevui.

A loan that a business owes someone else is a liability (accounts payable). Accounts payable (credit) & cash (debit) increase.

]]> By: Maciu Raitevui https://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-334514 Sun, 19 Feb 2017 23:36:19 +0000 http://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-334514 In reply to jim in austin.

if the business owe loans that it is a what???? Asset or Liability

]]> By: Ruchita https://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-333924 Sun, 06 Nov 2016 06:28:13 +0000 http://betterexplained.com/articles/understand-accounting-basics-aloe-and-balance-sheets/#comment-333924 Explain this entry ….
Joint venture ac
To joint bank ac

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