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Top 3 Mike Piper Quotes (2025 Update)

Mike Piper Quote: “Intangible assets are real, identifiable assets that are not physical objects.”
Mike Piper Quote: “Accumulated Depreciation is what’s known as a “contra account,” or more specifically, a “contra-asset account.”
Mike Piper Quote: “For every transaction, a journal entry must be recorded that includes both a debit and a credit. Debits increase asset accounts and decrease equity and liability accounts. Credits decrease asset accounts and increase equity and liability accounts. Debits increase expense accounts, while credits increase revenue accounts.”
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