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What Does This All Mean.

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Saturday Third of December Two Thousand And Twenty-Two.

11.06am.

INCOME STATEMENT, BALANCE SHEET, FINANCIAL STATEMENT I mean what for? 

Bank overdraft. Bank loan. BORING.

Non current Cats I mean Assets. Accountancy, is just not in my genes. I am ruubbish

at Maths.


Francesca Kray.

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 troy

I Cannot Do This.

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Edited by Francesca Al Kray, Friday, 2 Dec 2022, 21:28

Friday Second of December Two Thousand And Twenty-Two.

21.24pm

I, just cannot do this! This accountancy is, too hard. I just do not understand it.

I, have never liked accountancy. Boring subject. The names and words, lack meaning.

If, I had to grade accountancy out of 100 where 100 is good and 0 is poor I would give accountancy 2. 


Mr Francesca Al Kray.

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Thank You To The Open University.

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Friday Second of December Two Thousand And Twenty-Two.

16.51pm.

The Open University, is amazing.

The best University in the World. 

They, employ the best Staff and have the best resources.

The course books are the best. And learning with the Open University is fun and exciting.

I would recommend the Open University, to all my friends and family.

Thank you so much, your the best, ever.


Francesca Kray. 

Undergraduate Student. Business and Management (BA Hons) Degree.

P.s. Thank you.

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Current Liabilities.

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Thursday First of December Two Thousand And Twenty-Two.

09.59am

3.4. Current liabilities:

Current liabilities are amounts that a business owes, or the value of obligations that it must fulfil within twelve months of  the balance sheet date. Specific elements might include:

Payables - amounts due to suppliers.

Taxation

Bank overdraft.

Pipes & Installations Ltd do not have any other current liabilities, although additional liabilities might arise in the opposite circumstances as in 'prepayments' above. For example, if an energy bill was expected but had not yet been received for a particular reporting period, an estimate of the charge would be included under this heading. This process is called 'accruing for' the expected bill, and the resulting amount on the balance sheet as an 'accrual'.

Thank you.

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