https://www.youtube .com/watch?v=BUKezhb5hSE
Welcome to the 2nd video in my online bookkeeping course. This course will teach you the basics of double entry bookkeeping. This video will teach financial terms, such as, capital, asset and liability. Next Video: https://youtu.be/affr4RTWSX8 30 day FREE trial for Sage Business Cloud Accounting – http://sage.qumg.net/AVy3J – NO card needed Facebook – https://goo.gl/mNuaaW Twitter – https://goo.gl/Y8JjE8 Instagram – https://goo.gl/cPps5K Many more FREE videos and courses at www.freebookkeepingaccounting.com The ULTIMATE bookkeeping and accounting course – https://goo.gl/bstcB3
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Hi is there a free certificate if we finish your free course?
Haha, No 😝
There isn’t. The course is still very informative though and well worth watching. Thanks.
Thank you for posting these videos.
Thank you for watching
hey there, can something that you purchase for your business, say equipment, be both an asset and a liability? say you own a bulldozer, but you’re still paying a loan for that bulldozer?
It cannot be both but purchasing an asset could lead to having a liability, such as a finance agreement or loan. These are 2 separate things though. The bulldozer is an asset. The loan is a liability. I hope this helps. Thanks for watching.
Thank you for your videos.
My pleasure! Thanks for watching.
Very is to understand. Thanks
I was super excited to find this site. Wow, what a relief. I have been searching for a job and keep running into programs I don’t have experience in and your site has given me the opportunity to learn and now I am able to apply to these jobs. You are a true life saver. Thank you so much.
Glad I could help! Best of luck!
Thanks for the contnet. I am just on video one but you make it really to understand and I am looking forward to finishing the series. Thumbs up!
Glad it was helpful! Thanks so much for watching and for the comment
How much does the ultimate bookkeeping course cost in U.S.dollars?
About 80 USD, as of today’s exchange rate. Thanks for watching.
Thank you.
No worries!
THANK YOU SO MUCH ,IT’S HELP TO US KNOWLEDGE OF ACCOUNTING PART.
Glad to hear that. Thanks for watching.
I love accounting with all my heart, but that love got dimmed by not understanding it in high school due to the language barrier between us and our teacher. This caused me a lot of confusion, leading to almost failing at the end of the year. This feels like a second chance to pursuing the one course or even career that I originally want to pursue at a young age. Thank you for this.
What a great comment! Thanks for watching
Wonderful content! Thank you. A mother of 3 here hoping for a change of careers and maybe work from home homehow.
Good luck!
Thank you so much for your videos they are very helpful 👍
You’re very welcome! Thanks for watching.
Is a mortgage a liability or an asset?
I would consider a mortgage liability if one is making payments. On the other hand, once someone pays off their loan, it becomes an asset.
Good question! Hopefully, Bookkeeping Master or someone else can explain it more straightforwardly if the answer I gave doesn’t make sense.
A mortgage is money owed, so it is a liability. Thanks for watching.