Affordable Braces and Clear Aligners Options in Kuala Lumpur


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(Accounting) Debit & Credit

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  Example: Prepaid Expenses: Example 1: Prepaid Rent Suppose a company pays three months' rent in advance. The journal entry would be:   1.At the time of payment: ·         Debit: Prepaid Rent (Asset, increases) ·         Credit: Cash (Asset, decreases) Explanation: The company has paid for future rent, so it records it as an asset (prepaid rent).   2.When each month passes (Adjustment): ·         Debit: Rent Expense (Expense, increases) ·         Credit: Prepaid Rent (Asset, decreases) Explanation: As each month passes, part of the prepaid rent becomes an expense.   Example 2: Prepaid Insurance Let's say a company pays an annual insurance premium in advance:   1.At the time of payment: ·         Debit: Prepaid Insurance (Asset, increases) ·         Credit...
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(Comparison) What Are the Differences between Asset Management Company, Private Equity, Corporate Finance and Advisory/Consulting Company?

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Company Types Explanations Revenue Sources Examples Asset Management Focus: Manages investment portfolios for clients. They aim to generate returns on investments while managing risks according to clients' investment objectives and risk tolerance.   Activities: Offers investment products like mutual funds (exchange-traded funds (ETFs), pension funds) and manages client wealth.   Clients: Retail investors, high-net-worth individuals, and institutions. ·        Fees charged on assets under management such as management fees performance fees. ·        Sales charges on investment products such as mutual funds. ·        Advisory fees for wealth management services. Malaysia: 1)CIMB-Principal Asset Management Berhad. 2) Public Mutual Berhad 3) Aberdeen Sta...
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