Are you tired of bank fees eating away at your hard-earned savings? Many Filipinos are looking for ways to avoid the pesky maintaining balance requirement that traditional banks often impose. Good news! Several banks in the Philippines now offer accounts with no maintaining balance, making banking more accessible and affordable for everyone. Why Choose a […]
QUICKCASH Loan App Review Philippines (2024)
The need for quick cash can be a real headache. In the Philippines, Quickcash Loan App promises a fast and easy solution. But is it a magic bullet, or a recipe for financial woes? This comprehensive review dives into Quickcash, exploring its features, pros and cons, user experiences, and most importantly, helps you decide if […]
Is Loan An Asset Or Liabilities In Balance Sheet Philippines?
In the Philippines, as with standard accounting principles worldwide, loans are classified as liabilities on a balance sheet. Here’s a breakdown of why: Balance Sheet Structure A balance sheet is a financial statement that presents a company’s financial position at a specific point in time. It follows the fundamental accounting equation: Assets = Liabilities + […]
