Post by MS INYOFU (@theconscience)

ACCOUNTING HINT (TODAY)

Mistake: Recording investments as expenses

Correct: Treat investments as assets, not expenses

Example:
Buy shares N500,000 - Dr Investment, not expense
Income (dividend) recorded separately

Why: Investments generate future benefits and should not reduce profit immediately

Do you classify your investments correctly?

ACCOUNTING HINT (TODAY) Mistake: Recording investments as expenses Correct: Treat investments as a...

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