| Title | : | Circular flow of income and expenditures | Macroeconomics | Khan Academy |
| Lasting | : | 8.58 |
| Date of publication | : | |
| Views | : | 865 rb |
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perfect explanation Comment from : RasNathium |
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This one guy thing makes it very complicated for me Comment from : Goodnews Ernest |
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Well Explained Comment from : radiumrk |
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I am not able to understand renthow firm provides him shelter?? Comment from : ether gaming |
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simply wow!!!! amazing way to explain this! I don't know how much my teacher explain this to me it did not enter in my head it seems quiet simple but when it comes from questions I do not know how to apply this maybe this will help me in my next exam! thankyouuu so much! it is still helpfull these days since I saw a comment was made 10 years ago!! Comment from : Ana00 |
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the thought in the back of my mind that kept making this so much harder to understand is "uhhh wait no one's actually paying anyone it's him paying himself for his own stuff" Comment from : Thomas McGraw |
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I want more of this island guy what’s he up to Comment from : Sabaa |
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Worst deal ever!!!!!!! Comment from : Ifeanyi Ibeanu |
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That dude need to think formally about survival 😂🤣 Comment from : Gaming devil |
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Maybe you don't believe me sir, but I in fact, am the whole economy here brbr---A guy who rent a house from himself buy crops which he grows it himself on land which he rents to himself and earns a profit out of himself Comment from : Asha R |
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Thank you khan academy! Comment from : Aadarsh |
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My flow for the profit and loss statement follows this circular mode It's also how I was able to come up with more intelligent tax planning strategies for expenses and creating credit thru tax accounting all year long What helped me to make the necessary mental shift is the understanding that expenses (as liabilities that need to be converted into assets), are the difference between profit and revenue That helped a lot Econ (specifically, on a micro level) also helps to see the bigger picture for household value management connected to the business(es)-- like value vehicles that operate as shells or shelters I glean from my accounting trade that infusing capital management with the conversion methods is a approach to sustaining wealth over time, especially with passive income to start brbrIf my accounting professor saw this, she would totally say GAAP says that's not a corporation lol brTo which I would respond, the IRS says it is brTo which she would respond, we aren't following the tax law in this class, we are following GAAP brTo which I would respond, my household isn't owned by GAAP, thankfully, however, I do know as a CPA and tax preparer, you arebrbrQuality teachers are usually not professional CPAs I'll just say that much Although, I found out on a very local level that I will not be taking a CPA exam Totally unnecessary as a bar admitted and licensed attorney passing the hardest bar in the nation Comment from : Ouranos Wealth Group |
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why the other majors are more interesting than mine hahaha( i am doing cs degree) Comment from : Aruzhan Sabitkyzy |
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Right after he corrected himself for saying months instead of years, he immediately said months again 😂 Comment from : Emmalyn Grace |
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Anyone know this American comedy group called The Lonely Island Comment from : Puuding Music |
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This is confusing So he owns a firm and is paying rent to himself and confusing confusion? Isnt there a less confusing way this could be broken down? Comment from : guyoflife |
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So, see the business as its own "person"(entity) and the relationship is always 100 equal and mutual because a business cannot exist without people, and people need the businesses to exist (people provide for the business and the business provides for the people) well that's how I'm gonna remember it lol Comment from : Mona - Check out my channel |
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