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Revenue and Income difference
02/08/2025

Revenue and Income difference

CASH FLOW STATEMENT (EXPLANATION)A cash flow statement is a financial statement that provides information about the cash...
17/06/2025

CASH FLOW STATEMENT (EXPLANATION)

A cash flow statement is a financial statement that provides information about the cash inflows and outflows of a business during a specific period. It shows how changes in balance sheet accounts and income affect cash and cash equivalents. The statement is divided into three main sections: operating activities, investing activities, and financing activities. Here's a breakdown of each section:

1. Operating Activities:
- This section reports the cash flows from the day-to-day operations of the business. It includes cash inflows and outflows directly related to the primary revenue-generating activities of the company.
- Cash inflows from operating activities can come from sources such as customer payments, interest received, or dividends received from investments.
- Cash outflows from operating activities include payments to suppliers, employee wages, taxes, interest paid, and other expenses directly related to the operation of the business.
- The net cash provided or used by operating activities is calculated by deducting cash outflows from cash inflows.

2. Investing Activities:
- This section reports the cash flows related to investments in long-term assets and other investment activities.
- Cash inflows from investing activities can include proceeds from the sale of assets, interest or dividends received from investments, or the return of loans made to others.
- Cash outflows from investing activities include the purchase of property, plant, and equipment, investments in other companies, or loans made to others.
- The net cash provided or used by investing activities is calculated by deducting cash outflows from cash inflows.

3. Financing Activities:
- This section reports the cash flows related to financing the business, such as obtaining funds from investors or repaying debt.
- Cash inflows from financing activities can include proceeds from issuing stock, obtaining loans or credit, or receiving

An accountant plays a vital role in a company by1. Managing finances Tracking income, expenses, and cash flow to ensure ...
17/06/2025

An accountant plays a vital role in a company by

1. Managing finances Tracking income, expenses, and cash flow to ensure financial stability.
2. Providing financial insights: Analyzing data to inform business decisions, identify areas for improvement, and optimize profitability.
3. Ensuring compliance: Preparing financial statements, tax returns, and other reports to meet regulatory requirements.
4. Identifying risks: Recognizing potential financial risks and implementing strategies to mitigate them.
5. Supporting strategic planning: Contributing to business planning, budgeting, and forecasting.

Accountants help companies make informed decisions, maintain financial health, and achieve their goals. Their expertise is essential for:

1. Financial planning and budgeting
2. Risk management
3. Financial reporting and analysis
4. Tax planning and compliance
5. Strategic decision-making

By providing accurate financial information and insights, accountants enable companies to operate efficiently, minimize risks, and maximize opportunities.
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10 séxual rules for men.1. Do not sleep with your students, employees, staff, or anyone you have considerable power over...
14/05/2025

10 séxual rules for men.

1. Do not sleep with your students, employees, staff, or anyone you have considerable power over. It will definitely not end well.

2. So not be foolish enough to indulge in one night stands.
You could easily be set up or killed if you are known to indulge perpetually.

3. If you must have s*x outside your relationship or marriage, make sure you pay for it and ensure there is a virtual receipt of the transaction.
Just in case.....

4. Refrain from promising a woman marriage in order to sleep with her.
It is a gutter behavior.
Also refrain from making promises when you are naked.
90% of the time you will be unable to keep them.

5. Do not sleep with a woman who is in a lower social standing than you. I don't care how beautiful she is.
Especially if you have nothing serious intended with her.
Because all her hopes and dreams will be entrusted to you.... And it is a dangerous place to be.

6. Do not sleep with lady who has nothing going on for herself.
(i.e; No job, No career, No skills, No ambition.... Etc.)
They are most likely to trap you with a pregnancy, to ensure you continue to feed them.

7. If you find yourself using a condom, then you probably shouldn't be sleeping with that particular woman.

8. Stay away from the Ex's of your friends, brothers or family.
Because, human emotions are complicated. Your friends and family may verbally give you the go ahead but deep down they may resent you for it; especially if there are still lingering feelings for the so called Ex'es.

9. In the course of your life, a lot of women will willingly offer you séx.
Be highly selective. Not out of pride, but out of responsibility.
Because the result of séx is pregnancy.
Sleep only with women you are sure can effectively raise your kids.

10. A high body count will mess you up mentally. Many times you will find yourself out of the blue craving sěx with a séxual partner from the past.
This is because of the highly chemical and spiritual nature of sèx.Wil helmWil helmWil helm

Harsh truth about reality
14/05/2025

Harsh truth about reality

This image creatively illustrates the accounting concepts of debit and credit using human head-shaped trees. Here's a de...
08/05/2025

This image creatively illustrates the accounting concepts of debit and credit using human head-shaped trees. Here's a detailed breakdown:

Visual Elements:

1. Two Head-Shaped Trees:

Both heads are made of branches and leaves, suggesting thought, intellect, or understanding.

The heads face each other, symbolizing interaction or balance—an important concept in accounting, where every debit has a corresponding credit.

2. Tree on the Left (Debit):

The left tree has more foliage in the upper left section and a distinct inward curve at the top center.

This could symbolize inflow or increase in assets, which is what debits usually represent in accounting.

The red label "Debit" implies alertness or importance, as debits are often associated with money spent or received.

3. Tree on the Right (Credit):

The right tree has more foliage on the upper right side and appears more expansive at the top.

This could represent outflow or increase in liabilities/equity, which is what credits usually signify.

The label "Credit" balances the "Debit" label, showing the dual nature of financial transactions.

Symbolism:

Nature and Growth: Trees suggest organic growth and structure, much like how a business grows through its financial activities.

Balance and Reflection: The mirrored heads imply the balance required in accounting—every debit must have an equal credit.

Inward vs. Outward: The "debit" side appears to take in (left brain: analytical?), while the "credit" side gives out (right brain: creative?). This subtly mirrors how debits bring in value (like assets), and credits often reduce assets or increase liabilities.

Accounting Interpretation:

In accounting:

Debits typically increase assets or expenses and decrease liabilities or equity.

Credits typically increase liabilities or equity and decrease assets or expenses.

This image is a symbolic and artistic way to convey the dual-entry accounting principle, which ensures that all entries in the books are balanced .

According to Robert Kiyosaki, financial education begins by understanding the financial statements.He even added that th...
26/04/2025

According to Robert Kiyosaki, financial education begins by understanding the financial statements.

He even added that the sooner one can distinguish an asset from a liability, the sooner their financial success will also come.

In his book, Rich Dad Poor Dad, there is a section wherein he illustrated the different financial statements ng poor, middle class and the rich.

✅The rich, and even those that are on the path to become one sees to it that they're making profits whether in business or in their employment.

These surplus income are then used to acquire assets that are income generating and thus, provides more surplus in the future.

✅The middle class on the other hand, according to Kiyosaki, receives higher income but also have higher expenses.

They are the ones who are prone to "living beyond their means" and accumulate liabilities along the way in the form of car and house mortgage, credit card debts and other bank loans.

It is important to remember that these liabilities incur interest and thus increases their expenses even further.

✅ Lastly, for the poor, they don't really have much going on daw sa kanilang financial statements.

Their income usually matches their expenses and thus wala ng natitira for the assets nor liabilities.

I find these illustrations interesting because it actually serves as blueprints kung saan na tayo ngayon sa ating financial journey.

Whether we keep our current financial statements or move to the other is entirely up to us.
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SOME SOCIAL RULES THAT MAY HELP YOU:1. Don’t call someone more than twice continuously. If they don’t pick up your call,...
25/04/2025

SOME SOCIAL RULES THAT MAY HELP YOU:

1. Don’t call someone more than twice continuously. If they don’t pick up your call, presume they have something important to attend to;
2. Return money that you have borrowed even before the person that borrowed you remember or ask for it. It shows your integrity and character. Same goes with umbrellas, pens and lunch boxes.
3. Never order the expensive dish on the menu when someone is giving you a lunch/dinner.
4. Don’t ask awkward questions like ‘Oh so you aren’t married yet?’ Or ‘Don’t you have kids’ or ‘Why didn’t you buy a house?’ Or why don't you buy a car? For God’s sake it isn’t your problem;
5. Always open the door for the person coming behind you. It doesn’t matter if it is a guy or a girl, senior or junior. You don’t grow small by treating someone well in public;
6. If you take a taxi with a friend and he/she pays now, try paying next time;
7. Respect different shades of opinions. Remember what's 6 to you will appear 9 to someone facing you. Besides, second opinion is good for an alternative;
8. Never interrupt people talking. Allow them to pour it out. As they say, hear them all and filter them all;
9. If you tease someone, and they don’t seem to enjoy it, stop it and never do it again. It encourages one to do more and it shows how appreciative you're;
10. Say “thank you” when someone is helping you.
11. Praise publicly. Criticize privately;
12. There’s almost never a reason to comment on someone’s weight. Just say, “You look fantastic.” If they want to talk about losing weight, they will;
13. When someone shows you a photo on their phone, don’t swipe left or right. You never know what’s next;
14. If a colleague tells you they have a doctors' appointment, don’t ask what it’s for, just say "I hope you’re okay". Don’t put them in the uncomfortable position of having to tell you their personal illness. If they want you to know, they'll do so without your inquisitiveness;
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FAMILY  BUDGETINGA budget is the sum of finances allocated for a particular purpose and the summary of intended expendit...
25/04/2025

FAMILY BUDGETING

A budget is the sum of finances allocated for a particular purpose and the summary of intended expenditures along with proposals for how to meet them. It may include a budget surplus, providing money for use at a future time, or a deficit in which expenses exceed income.

People's standard of living is reflected in their financial wisdom. There is a saying that "he that fails to plan, plans to fail." When there is no planning on how to make use of the family income, there won't be tangible results to show for it, as money would be spent haphazardly.

As a family, budgeting helps you focus on your scale of preference, making it easier to spend on necessary things as you pay more attention to your needs rather than wants.

*"Go to the ant, thou sluggard; consider her ways, and be wise: Which having no guide, overseer, or ruler, provideth her meat in the summer, and gathereth her food in the harvest." Proverbs 6: 6-8*

If ants can plan for their needs with what they gather, then humans can do much more.

Importance of family budgeting:

1. It helps you plan your available resources efficiently.

2. It helps you focus on your needs not your wants

3. It prevents you from accidental spending.

4. It helps you set your goals clearly and focus on them as when due.

5. It helps improve the financial status of the family as money is spent wisely.

Do you have a family budget? If not, start one today.

PRAYER: Father grant us the wisdom to handle our finances responsibly in Jesus name

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S€X AND SUCCESS DON’T MIX – WHY UNDISCIPLINED MEN NEVER BECOME GREATSome men dream of success.Some men work for success....
25/04/2025

S€X AND SUCCESS DON’T MIX – WHY UNDISCIPLINED MEN NEVER BECOME GREAT

Some men dream of success.
Some men work for success.
Some men destroy their success before it even starts.

And guess what? For many men, the biggest distraction is S€X.

A man who chases pleasure over purpose will always be left behind.
A man who controls his desires will always be ahead.

Success requires discipline.
Sexual indulgence destroys discipline.

If you can’t control your lust, you will never control your future.

BRUTAL THREAD:

1. POWERFUL MEN AVOID S€XUAL DISTRACTIONS, WEAK MEN CAN’T SAY NO

Every great man in history had one thing in common: They had discipline.

Alexander the Great conquered the world by 30—he didn’t waste time chasing women.
Elon Musk works 100 hours a week—he doesn’t waste time texting girls.

Muhammad Ali refused s€x before fights—he knew discipline was power.
But look at many men today:

Wasting hours daily on p**n and m@sturbation.
Spending their last money just to impress women.

Crying over a girl instead of building their future.
No great man was ever a slave to lust.

2. S£X DRAINS YOUR ENERGY, FOCUS, AND DRIVE

Every time you release, you are losing more than just a few seconds of pleasure.
You are losing:
Testosterone (your natural energy for success).

Motivation (your hunger to win).
Mental clarity (your ability to stay focused).
That’s why after s£x, many men feel weak and lazy.

Now imagine:
Doing this every day.
Wasting hours texting, chasing, and begging women.
Spending money just to get a few minutes of pleasure.
That’s why broke men chase s£x, and rich men chase success.

3. EVERY MINUTE SPENT CHASING WOMEN IS A MINUTE LOST BUILDING YOUR FUTURE

Look at your daily habits.
How much time do you spend scrolling through women’s pictures?
How much time do you waste flirting and simping in DMs?

How much time do you spend watching p**n and draining your strength?
Now imagine using that time to:
Learn a high-income skill.
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accounting vs auditingWil helm
25/04/2025

accounting vs auditing
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