https://www.youtube .com/watch?v=_pTU4gwmcMs
https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues – Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners. Accounting For Beginners #1 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0–jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue – Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don’t Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Superb came back to look into after 3 years 👍
I’m always here for you
Thanks so much for helping us out, i joined year one for BBA, i came late and no lecturer was willing to help me out. I’m so grateful i found your channel, i will come back with a testimony. Stay blessed
I’m here to give back to the world. So glad you found my channel. Come back with your amazing testimony
I know u said “I don’t care how you memorize it just do it”, but, it might be better if rearrange the acronym to D E A = L E R (dealer), for better memorization. Just a thought
That works
Learned from another video that it’s a DEALER (Dealer) Drawing, Expenses, Asset, Liability, Equity and Revenue.
That works as well
Thanks a lot for taking the time to do this. Good bless you
Thank you. All the best to you as well
WOW WOW WOW! Thats all I can say about that!!!
Wowie zowie
Thank you soo much. I hope both of the sides of your pillows is cold, I hope when you are walking you find a 100$ bill in the floor. I was feeking stupid but you made me feel like megamind, not only because I have a big forehead but because I also feel smart right now :))))
You funny. You got a five head. Lawd have mercy
I like his conclusion. I have an Accounting Degree – I have a CPA Licence – but I still use this basic model.
Once again – the proof – to those who master a topic, the solution always looks simple.
And one other thing he said that takes years until you get it. If “simple things” starts to look confusing to you – hang in there – hang in there – and believe it or not. The moment will come when everything starts to look simple to you too.
This is a Master at his best – may be in Accounting – but most certainly in EDUCATING way beyond the topic of Accounting.
I really like this comment. Thank you for sharing your thoughts.
When do you apply this approach
Great Question – Apply whenever doing a Journal Entry
Do we apply it on the double rule system or when drafting trial balance or
It applies to both a trial balance and double entry accounting system
💪😀
Ayooooo
Im in college, and this was best explanation EXPLAINED in all my years of learning 😊😮💨😮💨😮💨
Thank you. I’m blessed to be able to give back to the world. All the best to you
Thank you so much.i just passed my Accountancy for lawyers using your tips 😊
Congratulations 🎉🎊🎈 thank you so much for coming back to my videos and letting me know that my videos helped you out. It gives me perspective on my purpose
I’ll join soon. I just don’t have it now to do right now.
Awesome. Thank you !!!
I am so sorry but the videos were the too boring