ASSET- OWNED BY THE COMPANY

- Mga bagay na mga pagmamay-ari ng business na

inaasahang makakapag bigay ng profit sa hinaharap

CASH – includes coins, currencies, checks, bank deposits, and other

cash items readily available for use in the operations of the business.

EXAMPLE OF CASH IN BUSINESS TRANSACTIONS:

Batman invested 60,000 in the business.
Batman deposited 60,000 into the business.

Nababawasan ang cash sa oras na magbayad, bumili at mag withdraw

ang business.

Halimbawa:
Batman purchases furniture using cash
Nag- decreased o nabawasan ang cash dahil bumili si batman ng
furniture

Batman withdrew cash for personal use

Nag-decreased ang cash dahil kumuha ng pera si batman ng pera
para gamitin nya.

Batman Bought supplies from Supplies, Inc. P8,800

Nag- decreased ang cash dahil bumili si batman ng supplies
NOTE:
Palagi mo lang tandaan ang mga word na ito para malaman mo kung
mababawasan si cash:

PAID, BOUGHT, PURCHASED, PURCHASES, WITHDREW

Madadagdagan naman ito kapag:

NAG- INVEST, DEPOSIT O NAG-RENDERED ang business.

OTHER ASSETS:

SUPPLIES, PREPAID EXPENSES, LAND, EQUIPMENT,

BUILDING, FURNITURE, SERVICE VEHICLE, NOTES
RECEIVABLE

ACCOUNTS RECEIVABLE
- Utang ni customer sa business
EXAMPLE:
Billed customers for portraits, P22,500.
customer ordered portraits on account

NOTE: kapag billed, on account or on credit ang ibig sabihin nito ay

utang o hindi pa nababayadan