FABM1 First Lesson

Salary At Work

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Cost of Utilities

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Savings in the Bank

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Mortgage on your Property

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Dividends Received

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Tax on Your Salary

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Shares You Own in Jollibee Corp.

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Unpaid Balance on Credit Card Bill

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Lotto Prize Winnings

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense

Depreciation on Car

(Which One Is It?)

• Asset

• Liability

• Revenue

• Expense