It is a common occurrence to define a word when someone does not know it, i had no need to use google for that. Now i realize these posts are old however i find it important to point out once more, picking out spelling and grammatical errors in an attempt to support a claim is weak rhetoric.
You can agree with the OP till your hearts content (and agree is all you have done, seeing as you have given little to no supporting evidence) however personal attacks do nothing but label you as a troll. I'm not about to disclose my personal information in an attempt to keep trolls informed as to why my spelling and or grammar is not perfect (however i will point you to a book that would describe it for you, In the Mind's Eye by Thomas G. West, and why spelling and grammar are in fact not absolute indicators of education). However i have spent plenty of time studying matters of accounting (though i am not an accountant), which if you are agreeing with the OP's logic, leads me to question your prideful deceleration of being an accountant.
Rhix you should examine your own post for its grammatical diarrhea (starting with sentence structure) before posting of others.
Rhianu the definitions you took from Rich Dad Poor Dad are correct however you seem to not understand the more complex applications of the terms like in investments. Also there are various other break downs of assets, liabilities, and investments that I myself have only began to brush up on. Let us remember that we can define FFXIV as an investment because SE has an expectation of favorable future returns. An investment is an asset unless you are borrowing the money you're using to invest; your net equity is the value of the investment.
Telling someone that you can not understand their posts is completely reasonable, whether it be for miss spelling, grammar, or choice of words. However personally attacking someones basis of education is just abhorred especially when it has nothing to do with the actual discussion.