Session Date
Lesson Topic
Assets and Liabilities: Liquid assets and fixed assets. Real assets and financial assets. Tangible assets vs intangible assets. Liabilities: Definition as debt, money owed, obligations etc.
Lesson Outline
Assets and Liabilities: Liquid assets and fixed assets. Real assets and financial assets. Tangible assets vs intangible assets. Liabilities: Definition as debt, money owed, obligations etc. Video presentation of assets and liabilities. Numerous examples of types of assets: Liquid assets as jewelry, collectibles. Fixed assets as long-term "frozen" assets. Tangible assets as physical objects that have value and can be sold/converted to cash. Intangible assets as Brands, copyrights, trademarks etc.
Assignment
Written assignment questions Text p. 60 #1,3,5 and p. 63 #1-3, 5
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
During today's session, Aiden was well focused and attentive to the important topic of Financial Assets and the key differences between Liquid Assets, Fixed Assets, Tangible A and intangible A such as Brand names, trademarks etc.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School