Top 100

Top 3 Mike Piper Quotes (2024 Update)

Mike Piper Quote: “Intangible assets are real, identifiable assets that are not physical objects.”

1. “Intangible assets are real, identifiable assets that are not physical objects.”

— Mike Piper

Mike Piper Quote: “Accumulated Depreciation is what’s known as a “contra account,” or more specifically, a “contra-asset account.”

2. “Accumulated Depreciation is what’s known as a “contra account,” or more specifically, a “contra-asset account.”

— Mike Piper

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.”

3. “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.”

— Mike Piper

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Focus Quotes
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