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31 Mar

This chapter identifies and explains the various assets and liabilities used by a business in making profit. A business invests in a portfolio of operating assets and takes on certain operating liabilities in the process of making sales and incurring expenses. The main theme of the chapter is that the profitmaking activities of a business (revenue and expenses) drive the assets and liabilities that make up its balance sheet Continue reading…

31 Mar

I had problem studied statistics while I was at second semester on university. I hated statistic and I feel like never understand how and what it was. I could not avoid it because it is in the package for that semester. I tried to like and understand it by read many text books available in the library. I also tried to pay attention while the lecturer explained it in the class. I still did not get it and even worse I started to give up and accept what ever happened. Continue reading…