Assets vs Liabilities

1. are the debts of the company. They are bank loans, balances pending payment to suppliers and debts for taxes and Social Security.

 2. I do accounts of what I can spend and what I can't

Vanesa Mendoza

DARLY KARINA CORDOBA A.

1).they are bank loans, balances pending payment to suppliers, and debts for taxes and Social Security.

2).

put to produce what I have and getting better and better profits and thus be able to pay what I owe.

1. Liabilities are the debts of the company. They are bank loans, balances pending payment to suppliers, and debts for taxes and Social Security.

2. Making my own financial plan where I am clear about what I will have and what I must to define strategies to be able to achieve the goals set and to be able to manage my income well according to the established plan

2.Primarily it is to take stock of what we have and what we owe in order to forecast debt management but also to look at how to make the most of the loan, as well as to look at the timing of repayment periods

1. liabilities in a company are classified in two ways; current liabilities and fixed liabilities, which current liabilities are those that are handled in the short term such as: LABOR OBLIGATIONS, ACCOUNTS PAYABLE, TAXES ON SALE, BANKS e.t.c.

and the most fixed liabilities are : LONG TERM LOANS, MORTGAGES, LONG TERM ACCOUNTS PAYABLE, LONG TERM CREDITORS.

these are some of the liabilities that are handled in a company.

mary luzg,p

1) liabilities are bank loans, balances pending payment to suppliers, and debts for taxes and social security.

2)know how to maintain and spend what is necessary and for what i owe or owe the best thing to do is save or get resources to be able to cover more debts.

Andrey Cuellar:

2. I always keep a record of the transactions I make to have a good control and management of my debts and my money.

Heidy Carolina Herrera

2. To know what I have and what I spend, a well-organized accounting must be kept where I specify the costs and expenses that I carry in my day to day.

Paula Martinez

1-the most common liabilities in a company are:

In circulation: wages payable, loans payable, accounts receivable and taxes receivable.

in the long term they are: mortgages payable and others are deposits in customer guarantees

Andrey Cuellar:

1. The most common liabilities in a company are the financial obligations that the company has either with a bank and all the accounts payable that are owed to its creditors or suppliers.

Ruben Guzman

Regarding the management of the money that I have, I almost always take out all the expenses that I have and cancel the pending debts and try to save the rest.

2- we keep a balance sheet to relate assets and liabilities

1.what do you think the common liabilities of a company are?

The most common liabilities of a company are the debts that the entity makes to require investments in products to generate profits

2.what do you usually do to manage what you own and what you we?|

What I do to manage what I have and what I have to do is organize my business and look at how much cash in the week I get the profit and what was invested

Heidy carolina Herrera

1. the most common liabilities in a company are bank loans, short-term debts, wages payable.

1.I would think that the most common liabilities are all we call costs and expenses payable. An invoice in general can be a liability.

2 the key is to keep an orderly accounting to know what I have, and how it. I can invest, I don't understand that from the question.

1-all obligations costs and expenses

Ruben Guzman

The most common liabilities in a company would be the loans that we make to banks and suppliers who give us the goods on credit since in this way it starts when it has the money it cancels and this becomes recurrent.

I keep records of financial transactions and expenses.

A common liability is the payment of utilities.

Laura Valentina Galindo Ladino

1. Are the obligations and debts.

2. Create a work plan, define an interaction schedule, create response policies.

Conclusion

The good use of money helps us improve our economy, therefore, it is important to be clear about what each account is for and what use we can give it.

Conclusion.

Assets are the economic resources that a company owns and controls, there they are divided into current and non-current assets. Liabilities are the economic obligations or debts that a company has, there are short and long-term liabilities. Equity refers to the money that remains after a company pays all its debts.

1. Some common liabilities are:

Financial obligations: they represent the value of the commitments made by the company.

Accounts payable: Is any contribution from a debtor party.

Taxes: They are the main way of collecting the state.

2. Record my expenses, do not spend more than what i obtain, measure my expenses and save.

1. The common liabilities of a company are: Accounts payable, financial obligations, taxes, suppliers, labor and deferred obligations.

2.

-Write down the fixed expenses.

-Amortize short-term debts.

1. The financial liability refers to all those commitments or debts acquired by a business in a given period, which can be short, medium or long term.

2. Normally I develop my own financial plan to keep order and be able to fulfill my goal depending on knowing how to pay what I owe and keeping my own savings

Margie Jisseth Murillo Lara

2. What do you usually do to manage what you own and what you owe?

I drew up my own financial plan where I set my financial goals and define my strategies to be able to achieve my set goals and distribute my income according to what was set out.

Margie Jisseth Murillo Lara

1. What do you think the common liabilities of a company are? Explain.

Liabilities are the debts of the company. Examples of liabilities are bank loans, balances pending payment to suppliers, and debts for taxes and Social Security

Paula Andrea Sánchez Urquiza

I liked this activity like the others because in its content we find different accounting accounts and everything related to them. Also have to complete the sentences with the demonstratives, the personal pronouns and the verb to be.

Paula Andrea Sánchez Urquiza

1. What do you think the common liabilities of a company are? Explain.

It is the set of obligations of a company with other institutions, among them we find:

Financial obligations; refers to all those debts that a company has contracted and that, therefore, is obliged to settle.

Accounts payable; It is an account that presents the credit balance in the balance sheet of a company.

2.What do you usually do to manage what you own and what you owe?

As for my income, I save them for something planned and likewise pay my debts. Personally, I try not to get into debt because then you have to pay interest and if you go over the agreed time they increase, in such a way that you can have an imbalance in your finances.

2. Margie Jisseth Murillo Lara

Distribute my income according to my debts, obligations and needs. I take a part of this income to cover each one of them, I try to minimize my debts as time goes by.

2. What do you usually do to manage what you own and what you owe?

have a good management of my income and pay my debts so that they do not accumulate

Leidy Vanesa Quintero Ramirez

1. What do you think the common liabilities of a company are? Explain

There are various accounts in liabilities, such as suppliers, the sources, the tax of industry and commerce, the VAT, which help us to have good management.

Leidy Vanesa Quintero Ramirez

Heidy Carolina Herrera

Conclusión.

I have learned a new vocabulary that perhaps I did not know. In addition, these chapters have helped me to strengthen my knowledge about the different means that exist to establish communication.

2. What do you usually do to manage what you own and what you owe?

Normally to handle what I have is to do a check of what is not essential and to handle what I owe it is the same I do a check and then give a solution

Leidy Vanesa Quintero Ramirez

1. What do you think the common liabilities of a company are? Explain.

common liabilities are suppliers, balances pending payment, advances to clients, among others.

Leidy Vanesa Quintero Ramirez

María Camila Rojas

1.Financial obligations, Accounts payable, Taxes since they are the total of debts and obligations contracted by the company.

2.First, make a list of what I owe and the money I have, in order to divide and pay the debts and what remains to be left as savings.

1.Margie Jisseth Murillo Lara

Financial obligations.

Loans made with a financial institution or a public entity.

Loans made with alternative platforms.

Obligations, bonds and promissory notes made by the company.

-Accounts to pay.

Payment to suppliers for merchandise or raw material purchased.

Salaries to be paid to employees.

Rent payment.

-Taxes, such as VAT and income tax.

Paula Martinez

2-Normally I manage my income in a very particular way in the way that everything that comes in or goes out, I record it in a book and I acknowledge the economic fact on the corresponding day

1) Common liabilities are financial obligations and suppliers. Since they are the main ones at the time that the liability increases.

2) It is important to have a balance in what you have and what you owe, I usually handle it keeping in mind that what I owe cannot exceed what I have in order to have good results.

Juan Sebastian Leal Alvarez

1. They are the accounting accounts of a company that correspond to all the debts or payment obligations that they have against third parties (suppliers, creditors, bonds, etc.)

2. Good financial habits help people spend what is strictly necessary, save and reach their financial goals more quickly. Having control over money means making it work for yourself. In that sense, it is worth taking into account some habits that help.

-Know where your money is

-Design a belief in relation to spending

-Make a master list

1. What do you think the common liabilities of a company are? Explain. ¿Cuáles son los pasivos comunes en una empresa? Explica

I think that the most common liabilities in a company are current liabilities and, among them, suppliers are the most common liabilities.

.

2. What do you usually do to manage what you own and what you owe? ¿Qué haces normalmente para manejar lo que tienes y lo que debes?

I have a financial plan in which I provide for my debts and save my income