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Accounting Concepts and Principles Easy Learn Guide
 
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This video is the perfect description of accounting concepts, assumptions and principles. It contains the following assumptions: 1. Accounting Entity Assumption 2. Money Measurement Assumption 3. Going Concern Assumption 4. Accounting Period Assumption Accounting concepts which are included in the video are: 1. Dual Aspect Concept 2. Revenue Recognition Concept 3. Historical Cost Concept 4. Matching Concept 5. Full Disclosure Concept 6. Verifiable and Objective Evidence Concept It also includes following modifying principles: 1. Cost Benefit Principle 2. Materiality Principle 3. Consistency Principle 4. Prudence Principle Thank you for watching. Please subscribe for more accounting videos. Also please follow on our Facebook page Feel free to post your doubts below and suggestions for more videos YouTube Subscribe link: https://www.youtube.com/subscription_center?add_user=q77PpKa5faZMe2ic2yc5xQ Facebook link: https://facebook.com/Wings-Add-wings-to-your-knowledge-1059913524027756/
Views: 34554 Wings Education
Accounting Concepts and Principles: Accounting Basics and Fundamentals
 
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This lesson will teach you 7 Accounting Concepts and Principles that underly all accounting studies and practice. To add relevance, reliability and comparability throughout the behaviour of all accountants globally, accountants follow these 7 accounting concepts in all their activities. This lesson should be the first topic you study in your Introduction to Accounting knowledge journey as it lays the fundamentals for all future accounting study. You will learn about: * The Entity Concept 2:07 * The Accounting Period Concept 5:08 * The Cost Principle 8:02 * The Matching Concept 11:34 * The Profit Recognition Principle 13:49 * The Conservatism Principle 16:50 * The Going Concern Principle 20:15 Each concept is explained both with the theory and an example or two. If you apply all these concepts & principles throughout your activity as a student, bookkeeper or accountant then you will be a successful accounting professional. So whether you are a accounting student, bookkeeper or MBA candidate with a finance subject, you should find value in this lesson. You can also get in touch anytime if you need any further help or clarification beyond the lesson. Just check out the contact details in our YouTube Channel. --------------------- Thumbnail Portrait: Photo by Bruce Mars from Pexels --------------------- This video was brought to you by AccoFina. Subscribe to the Channel: https://goo.gl/84Sfeg Or just check out the Channel Page: https://goo.gl/yTj9Bs Here’s AccoFina’s Most Popular YouTube Video: https://goo.gl/Jbv685 And here’s AccoFina’s Latest YouTube Upload: https://goo.gl/wDM83Y AccoFina Website, Product Pages and Social Networking: 1) Website (includes Free Spreadsheets, Free Books and Free Calculators) http://www.accofina.com 2) Amazon Author Page: http://www.amazon.com/author/axeltracy 3) Udemy Instructor Page https://www.udemy.com/u/axeltracy/ 4) Facebook http://www.facebook.com/accofinaDotCom 5) Twitter http://www.twitter.com/accofina 6) Google+ http://plus.google.com/+accofina
Views: 180544 AccoFina
Accounting Assumptions and Principles | Intermediate Accounting | CPA Exam FAR | Chp 2 p 3
 
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Conceptual framework for financial reporting, statement of financial accounting concepts, Conceptual framework, elements of financial statements, recognition and measurements, qualitative characteristics of accounting information, GAAP, SEC, FASB, CPA exam, he Entity Concept, The Accounting Period Concept, The Cost Principle, The Matching Concept, The revenue Recognition Principle, The Conservatism Principle, The Going Concern Principle. In the practice of financial accounting, certain basic assumptions are important to an understanding of the manner in which data are presented. The following four basic assumptions underlie the financial accounting structure: Economic Entity Assumption.  Economic activity can be identified with a particular unit of accountability in a manner that assumes the company is separate and distinct from its owners or other business units. Going Concern Assumption. In the absence of contrary information, a company is assumed to have a long life. The current relevance of the historical cost principle is dependent on the going-concern assumption. Monetary Unit Assumption. Money is the common denominator of economic activity and provides an appropriate basis for accounting measurement and analysis. The monetary unit is assumed to remain relatively stable over the years in terms of purchasing power. In essence, this assumption disregards any inflation or deflation in the economy in which the company operates. Periodicity Assumption. The economic activities of a company can be divided into artificial time periods for the purpose of providing the company’s periodic reports. Basic Principles 10. (L.O. 7) Certain basic principles are followed by accountants in recording and reporting the transactions of a business entity. These principles relate to how assets, liabilities, revenues, and expenses are to be identified, measured, and reported. Measurement Principle. A ‘mixed-attribute’ system permits the use of various measurement bases. Historical Cost Principle. Acquisition cost is considered a reliable basis upon which to account for assets and liabilities of a company. Historical cost has an advantage over other valuations, as it is thought to be verifiable. Fair Value Principle. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in on orderly transaction between market participants at the measurement date. Recently, GAAP has increasingly called for the use of fair value measurements in the financial statements. Revenue Recognition Principle. Revenue is recognized at the time in which the performance obligation is satisfied. Expense Recognition Principle. Recognition of expenses is related to net changes in assets and earning revenues. The expense recognition principle is implemented in accordance with the definition of expense by matching efforts (expenses) with accom-plishment (revenues). Product costs, such as material, labor, and overhead, attach to the product, and are recognized in the same period the products are sold. Period costs, such as officers’ salaries and other administrative expenses, attach to the period, and are recognized in the period incurred. Full Disclosure Principle. In the preparation of financial statements, the accountant should include sufficient information to influence the judgment and decision of an informed user. A series of judgmental tradeoffs must occur. Cost Constraint 11. (L.O. 8) Although accounting theory is based upon certain assumptions and the application of basic principles, there are some exceptions to these assumptions. One exception is often called a constraint, and sometimes justifies departures from basic accounting theory. Cost Constraint. The cost constraint (or cost-benefit relationship) relates to the notion that the benefits to be derived from providing certain accounting information should exceed the costs of providing that information. The difficulty in cost-benefit analysis is that the costs and especially the benefits are not always evident or measurable.
Accounting principle in hindi
 
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Thank you friends to support me Plz share subscribe and comment on my channel and Connect me through Instagram:- Chanchalb1996 Gmail:- [email protected] Facebook page :- https://m.facebook.com/Only-for-commerce-student-366734273750227/ Unaccademy download link :- https://unacademy.app.link/bfElTw3WcS Unaccademy profile link :- https://unacademy.com/user/chanchalb1996 Telegram link :- https://t.me/joinchat/AAAAAEu9rP9ahCScbT_mMA
Views: 46701 study with chanchal
FAC1503 - Introduction to the Accounting Equation - Part 1
 
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Welcome to Accounting for Law Students. This video serves as an introduction to the Accounting Equation. We cover the basic principles of the Accounting Equation and look at the classification of accounts according to the Periodic System.
Views: 38780 SwotSmart
Basic concept of accounting by Santosh kumar (CA/CMA)
 
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This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. My all classes are available in Download link /Pen drive mode. You can also buy my classes on per chapter basis at conceptonlineclasses.com. for any query, please contact us on 01204225003/4/5 Mail us on [email protected]
Views: 617433 santosh kumar
Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
 
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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. Help Support the channel by using one of my links. The Amazon link is my favorite, it is the same experience and same price for you, and i get a small kickback for purchasing goods from my amazon link. THANK YOU FOR YOUR SUPPORT. Amazon Affiliate Link: https://amzn.to/2MS2OMg CHANNEL OPTIMIZATION https://www.tubebuddy.com/CPASTRENGTH NEED PAYROLL FOR YOUR COMPANY https://gusto.com/r/SAtdL 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
Views: 2247594 CPA Strength
Accounting 101: Learn Basic Accounting in 7 Minutes!
 
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Welcome to Accounting 101: Learn Basic Accounting in 7 Minutes! This video teaches the basics of bookkeeping and accounting. It includes details about debits and credits, assets, liabilities, sales and expenses. Examples are provided and a quick description of the chart of accounts, profit and loss statements and the balance sheet is also included. Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac Support this Channel https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=FHGCUQ8GU9VB6 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Learn more at www.freebookkeepingaccounting.com
Views: 286683 BookkeepingMaster
Understand Golden Rules of Accounting by a 17 year old Commerce Student
 
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Follow me on Facebook - https://www.facebook.com/Studywithlavish Golden rules of Accounting, personal Account, Real account, Journal entries, Nominal account, commerce, accounts, accounting, B.com, BBA, how to record journal entries, Golden rules of accounting in english, golden rules of accounting with examples, Golden rules of accounting in hindi
Views: 272481 Lavish Gupta
Accounting Basics #4 - Limited Companies - Learn Basic Accounting
 
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One of my favourite lessons to teach is the difference between registered companies and self employed individuals. This video gives a brief explanation of some of he key differences. If you have found this course useful, please make a donation via my site www.freebookkeepingaccounting.com Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Try Crunch Accounting Software! http://www.crunch.co.uk/?aid=samuel3a Learn more at www.freebookkeepingaccounting.com
Views: 12704 BookkeepingMaster
Accounting For Beginners #2 / Basics / Accounting Equation / Accounting Tutorial
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! This is a video about Accounting Basics, it is an Accounting tutorial 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. Help Support the channel by using one of my links. The Amazon link is my favorite, it is the same experience and same price for you, and i get a small kickback for purchasing goods from my amazon link. THANK YOU FOR YOUR SUPPORT. Amazon Affiliate Link: https://amzn.to/2MS2OMg CHANNEL OPTIMIZATION https://www.tubebuddy.com/CPASTRENGTH NEED PAYROLL FOR YOUR COMPANY https://gusto.com/r/SAtdL 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
Views: 661281 CPA Strength
The 4 Accounting concepts overview
 
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Quick video on the 4 accounting concepts, Going concern, Consistency, Prudence and Accruals - Watch in high quality
Views: 2166 Miff Bizz
4 Accounting Ledgers
 
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ද්විත්ව සටහන් සැදීමට පහසු ක්‍රමයක්
Views: 8280 Mithila Chathuranga
Accounting Assumption, Principles, and Constrain. Accounting for Beginner
 
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Accounting Assumption, Principles, and Constrain Accounting for beginner There are four basic types of assumptions used regularly in accounting. They are: The separate-entity assumption, which holds that the particular business entity being measured is distinct and separate from similar and related entities for accounting purposes. The continuity or going concern assumption. This assumption holds that the entity will not cease operations or liquidate its assets during the accounting period. The time-period assumption. According to this assumption, accounting reports are assumed to apply to a short time period, usually one year. The unit-of-measure assumption which is sometimes referred to as the stable monetary unit assumption. This assumption holds that the U.S. dollar is the common denominator or measuring stick for all accounting measurements taken for American companies. There are a number of principles, but some of the most notable include the revenue recognition principle, going concern principle, accrual principle and matching principle. Accounting principles differ from country to country. The constraints of accounting refer to the limitations of providing financial information. Financial reporting must follow generally accepted accounting principles or GAAP. ... Such variations are not considered a violation of the GAAP because of the recognized constraints of accounting. Reference: https://www.sapling.com/12066263/constraints-accounting
Views: 119 Accountingplus
4 - The Accounting Cycle and Closing Process
 
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An overview of the accounting cycle and closing process, to accompany http://www.principlesofaccounting.com Chapter 4, The Reporting Cycle *Check out the Classroom page to find out how to take this course for credit: http://www.principlesofaccounting.com/classroom.html
Views: 117791 Larry Walther
Review of Financial Accounting - Principles, Assumptions, & Constraints
 
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For more videos like this go to www.patrickleemsa.com. Join Robinhood and we'll both get a share of stock like Apple, Ford, or Sprint for free. To do so, make sure you click on this link: https://share.robinhood.com/patrickl803 ___________________________________ NETWORK WITH ME! PATRICKLEECPA Twitter - https://twitter.com/patrickleecpa Website – https://www.patrickleecmsa.com ___________________________________________ Send a letter or send something cool about how you’re using these videos. Patrick Lee, MSA PO Box 936 Winfield, Kansas 67156 ___________________________________________ WORK WITH ME! CONTACT US: [email protected]
Views: 15659 Patrick Lee
Basic Accounting Terms | Accounting Terminology | LetsTute Accountancy
 
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This session will help you to understand the basic accounting terminology/ basic accounting terms in a very easy language. This session is useful for anyone who wants to understand the basics of accounting. By watching this session you will be able to understand various basic accounting terms like what is a capital, what is a proprietor, what are fixed assets, what are goods, purchases, sales, creditor, debtor, etc. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. It will help you to understand what are the different objectives of accounting, it's importance, application, different terms used, etc. Also, there are objective type questions on the same. Link:- https://goo.gl/GP6FS6 You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 95327 Letstute Accountancy
Basic Accounting Terms lecture 4 by santosh kumar (CA/CMA)
 
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For Full Lecture log on to our Website www.conceptonlineclasses.com This is only a demo class. classes are available for CA/CMA/CS/B.COM( All universities), 11th, 12th. My all classes are available in Returnable Pen drive mode. for any query, please contact or msg us on 8448322142. you can also buy my full lectures at my Website http://conceptonlineclasses.com
Views: 63772 santosh kumar
What Is a Balance Sheet? Balance Sheet Definition And Examples
 
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The Balance Sheet helps us to assess the risk of the business. By looking at it you will be able to answer to questions, such as: What is the leverage? Is the company liquid enough? Remember, leverage means the proportion between equity and debt, while liquidity is the capacity of the business to repay for its short-term obligations, to run the operations. Do you want to learn more? Join our course at this link https://www.udemy.com/become-a-financial-analyst-from-scratch-n1/?couponCode=websitecoupon The Balance Sheet is comprised of two main sections: - Assets - Liability and Equity The Assets sections i comprised of: CURRENT ASSETS: -Cash -Petty Cash -Temporary Investments -Accounts Receivable -Inventory GET THE BOOK HERE: https://gum.co/rsooN NON - CURRENT ASSETS - Plant, Furniture, Equipment… and so on. Liabilities are comprised of: CURRENT LIABILITIES - Accounts Payable - Accrued Expenses - Short-term loans NON CURRENT LIABILITIES - Long-term loan Equity is comprised of: - Owner's Equity - Retained Earnings Video transcript: Hi my name is Grandpa John, I will guide you through the accounting section of the MBA in pills offered by the four week MBA. for more business educational videos. check out this link. we saw in the accounting equation video, that the balance sheet, is divided in two main sections. the asset section, and the liability and equity section. more in detail. the asset section is comprised of current assets, and non current assets. main current assets are. cash, accounts receivable, inventories. prepaid expenses. the current assets, are called such, because they are usually on the balance sheet for one year, or less. the current assets are usually listed, on the balance sheet, according to their degree of liquidity. therefore, cash is the most liquid, while prepaid expenses, the least liquid.cash, is available at any time. accounts receivable, sum of money to be received from customers. inventory, a list of goods to be sold. prepaid expenses, sum paid in advance. the non-current assets are also called, long term assets. indeed, those are assets that will stay on the balance sheet for years. such as plants, equipment, furniture, and so on. on the other side of the balance sheet, we have, the liabilities and equity. liabilities, are comprised of current liability and non current liability. current liabiltiies, stay on the balance sheet, for less than a year. non current, for more than a year. Let's see the main current liabilities. accounts payable, sum of money not yet paid to suppliers, that will be washed away, once paid. accrued expenses, sum of money to be paid in the future, such as, payrolls, or tax the main non current liability is, long term debt. such as loans contracted with the bank. then, the equity. in this sub section are reported items, such as, owner's equity, retained profits and other kind of stocks, issued by the organization. lets see now few examples. jim sold $100 worth of clothes. his customer, Janet, paid with credit card. therefore, this will generate an account receivable, for $100, on Jim's balance sheet. jim, has to pay for utilities. since it is the first time he set up the account. he has to pay for $1,000 in advance. this advanced payment, will be shown as, prepaid expense. jim, this month, did not sell part of the clothes he bought in the previous month. the unsold clothes, will become part of his inventories. then, Jim had to pay $50,000 cash, to renovate the store. this $50,000 will show on his balance sheet, as building improvement, therefore, a long term fixed asset. jim, buys clothes for $1,000, with credit card. the payment will be processed in 30 days. this transaction, will generate an account payable, on jim's balance sheet. Jim, goes to the bank, to ask for a long term loan. the bank gives Jim, $50,000. this will generate a bank loan. showed under long term liability, on Jim's balance sheet. after a while. Jim accepts a new partner, Jasmine. Jasmine puts $50,000 and becomes equity partner. this transaction, will show on the balance sheet, as owner's equity. in conclusion, the balance sheet, is one of the main financial statements. it is like an instant picture. and it helps us to assess how risky a business is. in fact, when a company is too indebted. you can see it from the balance sheet. if liabilities are too much in comparison to equity, this can be very dangerous for the business.to summarize. the balance sheet is comprised of two main sections. it is an instant of the business. and, allows us to see how risky a business is. if you liked this video, and you found the topic interesting please live a comment at these links. if you would like to learn more, about other topics, contact us. Grandpa John here. You just enjoyed the accounting section of the MBA in pills offered by the four week MBA.
Views: 294348 The Four-Week MBA
Accounting Concepts | Dr. Shuchi Singhal
 
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An EMPC VMOU Production Dr. Shuchi Singhal Associate Professor ISIM Jaipur Rajasthan
Views: 75531 vmouonline
Learn Accounting in 1 HOUR  First Lesson: Debits and Credits
 
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The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements. Learn more and become student at EF University for FREE - http://executivefinance.teachable.com/ Like us Facebook- https://www.facebook.com/exfinance/ Linkedin- https://www.linkedin.com/company/executive-finance Twitter- https://twitter.com/exfinance
Views: 1591267 Executive Finance
#4, Basic accounting terms- (part 4)
 
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class 11th accounts chapter 2 basic accounting terms part 4 discount trade discount cash discount bad debts insolvency solvency debtor creditor depreciation book value balance sheet entity proprietor accounts Adda video 4 #accounts #commerce #class11
Views: 10621 Accounts Adda
Accounts : Basics : Lecture 4 : Accounting Concepts
 
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To Buy DVDs / Pen Drive contact at : @ Delhi : 011-45695551 @ Gorakhpur : +91-7052208065 @ Mobile : +91-9889004575 @ mail id : [email protected] @ website : www.badlaniclasses.online @ Delhi @ Gorakhpur @ Indore @ Pune @ Mumbai
Views: 37172 CA dilip badlani
Basics of accounting process
 
01:02:53
Views: 168280 Taxmann
Accounting 1: Program #2 - "Basic Accounting Concepts"
 
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Accounting 1 Program #2 Chapter 1 "Basic Accounting Concepts" [email protected]
Views: 784094 JCCCvideo
Basic Accounting Terms – 1 of 4 | StayLearning |CBSE Class 11 | (HINDI | हिंदी)
 
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In this Video we would enable to understand in Easy Concepts – 1) Business Transactions 2) Capital 3) Drawing 4) Liabilities (Current and Non Current Liabilities) 5) Assets (Current and Non Current Assets) 6) Account 7) Capital Receipts 8) Revenue Receipts 9) Capital Expenditure 10) Revenue Expenditure 11) Expense 12) Income 13) Profit 14) Gains 15) Losses 16) Purchase 17) Purchase Returns 18) Sales 19) Sales Returns 20) Goods 21) Stock or Inventory 22) Trade Receivables (Debtors and Bills Receivables) 23) Trade Payables (Creditors and Bills Payables) 24) Cost 25) Vouchers 26) Discount (Trade and Cash) 27) Books of Accounts 28) Entry 29) Debit 30) Credit 31) Proprietor 32) Depreciation 33) Cost of Goods Sold 34) Bad Debts 35) Insolvent 36) Solvent 37) Balance Sheet 38) Book Value To View Full Video Lectures Visit - https://bit.ly/2PEEnUC ★ ACCOUNTS VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ COST ACCOUNTING VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ FINANCIAL MANAGEMENT VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ ECONOMICS VIDEOS ★ https://www.youtube.com/channel/UCK5RB8xNW_iOXz-rcGJZyTw?view_as=subscriber ★ INCOME TAX VIDEOS ★ https://www.youtube.com/channel/UCRRFVa1axTUdwZzc4Ta42XQ?view_as=subscriber ★ MATHS VIDEOS ★ https://www.youtube.com/channel/UCaIY3jMl7QDUWN6P6kSUYWw?view_as=subscriber STUDY TIPS ऐसे पढोगे तो हमेशा TOPPER बनोगे | Study Tips https://bit.ly/2QUXaew ENGLISH – Fatafat (Easy Way to Learn English) अंग्रेजी सीखें - फटाफट https://bit.ly/2PoAF4H ★ ExpertMotivation Channel https://bit.ly/2EsPBKC ★ For Any Information Video classes & Face To Face Batches Call +91 9268373738 E-mail: [email protected] (We Prefer emails rather than calls) Call timings Monday to Friday - Morning 10 to Evening 7 FACEBOOK: https://www.facebook.com/VijayAdarshIndia WEBSITE: http://www.vijayadarsh.com
Views: 401102 StayLearning
Accounting Principles - Chapter #4 Tutorial - Lecture #1
 
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Lecture in Accounting Principles (ACCT 101) Chapter #4 Tutorial - Lecture #1 KAU_ACCT117 Lecturer Abdulrahman Almushiqah
Basic Accounting Principles Part 3
 
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Basic Accounting Principles Part 3 by Mr. Jimmy Calata
Views: 1046 tPCAonline1
Accounting Equation - Ch. 1 Video 1
 
07:55
Accounting Principles - The Accounting Equation
Views: 422094 mattfisher64
How to Make a Journal Entry
 
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This video illustrates how to make a journal entry in the general journal. It was prepared by Professor Anna Boulware at St. Charles Community College
Views: 1547743 am
I.Com Part 1 Accounting, ch 4 - Journal Question no 1- Inter part 1 Accounting
 
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In this online lecture, Sir Syed Yasir Nisar explains Principles of Accounting Chapter 4 Journal.The topic being discussed is Topic Question no 1. punjab text book board/Sindh text book board/KPK text book board I.Com Part 1 book 1 lecture is conducted in Urdu/hindi/English. This lecture for Commerce Students 11th class for Principles of Accounting chapter 4 is created for all students who want to prepare this topic in detail. For more videos of Syed Yasir Nisar visit https://www.ilmkidunya.com/study/11th-class-principles-of-accounting/journal.aspx If you have any questions about this lecture on Principles of Accounting i.com part 1 ch. 4, you can go to https://www.instutor.com/11th-class/principles-of-accounting/journal
Views: 13146 ilmkidunya
Basic Accounting Principles Tutorial 2
 
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Explains the very basics of the journal in accounting.
Views: 3762 DJjohnny0121
Accounting Principles: Four Assumptions of Accounting
 
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This video is about the four assumptions of accounting.
Views: 33 Alexa Bablusha
Accounting Principles | Entity | Going Concern Concept | GAAP | LetsTute Accountancy
 
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Check out our new video on Accounting Principles | Entity | Going Concern Concept | GAAP This video explains the need for accounting principles / GAAP & what is the entity and going concern concept with an example. We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. You will understand need and importance of all the accounting principles and conventions. Also, entity concept, going concern concept, money measurement, cost principle, revenue recognition, objective evidence, dual aspect, matching principle, accrual concept, materiality, consistency, conservatism, full disclosure, etc explained in detail. There are objective type questions on accounting principles and conventions. Link:- https://goo.gl/p17wRU You can buy our entire course on Accountancy : Amazon : https://goo.gl/c7Gq3m Udemy : https://bit.ly/2JwpfGJ Subscribe Us For More Updates: Link : https://goo.gl/pH6rtu Website : http://www.letstute.com/ To Get Regular Content Updates- Like Us On Facebook : https://www.facebook.com/letstutepage Follow Us On Twitter : https://twitter.com/letstute Add Us On Google+ for updates on our upcoming Videos https://plus.google.com/+Letstute Email us @ [email protected] WhatsApp your Queries on +91 7506363600 Visit our other channels LetsTute - Math / Sciecne / EVS http://bit.ly/1Q85cNP LetsTute Cbse Math https://goo.gl/kMGY4X LetsTute in Hindi https://www.youtube.com/channel/UCz17OJWV27c5FZKKBlLDXEw? Values to Lead (Value Education) http://bit.ly/1poLX8j
Views: 81470 Letstute Accountancy
Chapter 1  Five Principles of Finance
 
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Chapter 1: An Introduction to the Foundations of Financial Management --- Keown, Martin, Petty (2014) Foundations of Finance 8th Edition Pearson Series in Finance --- Book website from the Publisher website: https://www.pearsonhighered.com/product/Keown-Foundations-of-Finance-8th-Edition/9780132994873.html
Views: 11408 Financial Jungle
Accounting Principles - CPA FAR Review
 
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Accounting Principles 1. Measurement Attributes __ # historical cost: the market value of the item on the date of acquisition; this value is not changed even though market value changes. __ # net realizable value: the approximate liquidation value or selling price of the item. __ # current replacement cost: the current replacement cost of the item from the buyer's perspective. __ # fair value: current market value of the item, in an orderly transaction. __ # amortized cost: the historical cost less the accumulated amortization or depreciation of the item. __ # net present value: the value determined from discounting the expected future cash flows of the item. 2. Revenue Recognition Principle __ # Revenue: increases in assets or the extinguishment of liabilities from the main activities of the firm. __ # Recognition: when the entity completes its performance obligation to a customer and the revenue is earned and realized. __ # Measurement: revenues are measured at the cash equivalent amount of the good or service provided 3. Expense Recognition Principle __ # The matching principle: expenses are recognized only when expenditures help to produce revenues; revenues match expenses 4. Full Disclosure Principle __ # Financial statements should present all information needed by an informed reader to make an economic decision. __________________________________________________________________________________________________ From Accounting Conception Summary The FASB's Statements of Financial Accounting Concepts 1. Objective of financial reporting __ a) to provide information to enhance investors' and creditors' understanding about the entity 2. Qualitative characteristics of accounting information __ a) Primary qualitative characteristics ____ i.Relevance ______ # Predictive value ______ # Confirmatory value ______ # Materiality ____ ii. Faithful representation ______ # Completeness ______ # Neutrality ______ # Free from error __ b) Enhancing qualitative characteristics ______ + Comparability ______ + Verifiability ______ + Timeliness ______ + Understandability 3. Accounting assumptions __ a) Entity Assumption __ b) Going Concern Assumption __ c) Unit-of-Measure Assumption __ d) Time Period Assumption 4. Basic accounting principles __ a) Concepts of Measurement __ b) Revenue Recognition Principle __ c) Expense Recognition Principle __ d) Full Disclosure Principle 5. Cost constraint the cost of providing the information should not exceeds its benefit
Views: 1161 Faithful Runner
Principles of Accounting - Lecture 01a
 
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Principles of Accounting; deifition; identify; record; communicate; organization, interested users; financial statements; stakeholders; internal users; external users; management; human resources; finance; customers; SEC; creditors; labor unions; investors; pay raise; dividend; ethics; financial scandals; Sarbanes-Oxley; balance sheet; income statement; GAAP; FASB; IASB; cost principle; historical cost; purchase price; verifiability; fair value;
Views: 395253 Krassimir Petrov
I.Com Part 1 Accounting, ch 4 - Introduction to Journal - Inter part 1 Accounting
 
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In this online lecture, Sir Syed Yasir Nisar explains Principles of Accounting Chapter 4 Journal.The topic being discussed is Topic Introduction to Journal. punjab text book board/Sindh text book board/KPK text book board I.Com Part 1 book 1 lecture is conducted in Urdu/hindi/English. This lecture for Commerce Students 11th class for Principles of Accounting chapter 4 is created for all students who want to prepare this topic in detail. For more videos of Syed Yasir Nisar visit https://www.ilmkidunya.com/study/11th-class-principles-of-accounting/journal.aspx If you have any questions about this lecture on Principles of Accounting i.com part 1 ch. 4, you can go to https://www.instutor.com/11th-class/principles-of-accounting/journal
Views: 8121 ilmkidunya
Lec 4. Basic Terms of Accounting | Accounting Terminologies Explained | Part - II
 
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Financial Accounting; (Accountancy); Accounting for Managers: Management Studies: Lec 4. Basic Terms of Accounting | Accounting Terminologies Explained | Part-II Assets 00:00:00- 00:04:43 *What are assets? *How to express assets? *An example for the use and operations of asset *Two types of assets i) Fixed Assets *What are fixed assets? ii) Current Assets *What are current assets? *How to differentiate fixed and current assets? Liabilities 00:04:44- 00:07:31 *What are liabilities? *The representation of debt and liability in the balance sheet of firms? *Two types of liabilities i) Long term Liability *What are long term liabilities? ii) Short term Liability *What are short term liabilities? Capital 00:07:32- 00:08:15 *What is capital? *How is capital represented in the balance sheet? Sales 00:08:16- 00:08:45 *What are sales? *What are the features of sales? Revenue 00:08:46- 00:09:29 *What is revenue? *What are different forms of revenue? Expenses 00:09:30- 00:10:24 *What are expenses? *How is expense measured? Expenditure 00:10:25- 00:12:05 *What is expenditure? *What functions come under expenditure? *What is revenue expenditure? *What is capital expenditure? Profit 00:12:06- 00:12:34 *What is profit? *What are the features of profit? Gain 00:12:35- 00:13:02 *What is a gain? Loss 00:13:03- 00:13:32 *What are losses? Discount 00:13:33- 00:15:09 *What is discount? *Two types of discounts i) Cash ii)Trade Drawings 00:15:10- 00:15:47 What are drawings? What are the implications of drawings? Video by Edupedia World (www.edupediaworld.com), Free Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPFd2zAzEaQQv0WPPT0DnpRz for more videos on Accountancy; All Rights Reserved.
Views: 2797 Edupedia World
Accounting Careers & Information : Learning Basic Accounting Principles
 
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The basic principles of accounting are established by the Generally Accepted Accounting Principles and include being able to record revenue and expenses. Accounting for a business should always include records of transactions for a given time period. Find out how to learn accounting principles with information from an accounting professor in this free video on accounting. Expert: Shawn Jones Contact: www.argosy.edu Bio: Shawn Jones is an accounting professor at Argosy University in Salt Lake City, Utah. Filmmaker: Michael Burton
Views: 5900 ehowfinance
JAIIB Accounting Concepts (4)
 
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This video explains the cost concept of accounting
Views: 23287 Ns Toor
Financial Statements - An Introduction
 
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Basic overview of the four financial statements required by GAAP.
Views: 44949 AccountingWITT
Basic Accounting-Lecture 4
 
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Book Keeping - Posting to Day Books & Ledgers
Views: 1101 premprakashsg
Accounting Basics Fast & Easy  / My Best Accounting Tips / Accounting Crash Course #1
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! Accounting Basics Fast & Easy / My Best Accounting Tips / Accounting Crash Course #1 What is the BEST? Assets, Draw, Expense, Liability, Equity, Revenue I give my thought on the best way to remember where to place the Assets, Draw, Expenses, Liability, Equity & Revenue. I hope you enjoy the video. I got a good response from my last Accounting for Beginner video i just did, which was review of everything Accounting in 5 minutes. So this video is a nice easy fast 5 minute video about the Balance Sheet, which is Assets = Liabilities + Equity. I tried to go back and give a little refresher course with DC ADE LER and how good could i explain the Basics of Accounting in 5 Minutes. 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 #Exercise #CPA
Views: 7496 CPA Strength
ACCOUNTING 4 - Generally Accepted Accounting Principles (GAAP)
 
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Principle of regularity, consistency, sincerity, the permanence of methods, Non-compensation, prudence, continuity, periodicity, Full Disclosure/Materiality and Utmost Good Faith. AVENIDACULT The CULT channel Sign up our channel http://www.youtube.com/subscription_center?src_vid=pZD7nNTbvJA&feature=iv&add_user=avenidacult
Views: 7460 AvenidaCult
Easy method to learn||Introduction to accounting||Journal||Ledger||Trial balance||by kauserwise
 
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Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected]] [Every contribution is Helpful] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3379405 Kauser Wise
Financial Statements Tutorial
 
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What financial statements are and what they tell us. http://www.dwmbeancounter.com The four basic financial statements are: Income Statement Capital Statement Balance Sheet Cash Flow Statement In a nutshell, my site Bean Counter is primarily an accounting educational and training site that offers free beginning bookkeeping and accounting tutorials, courses, exams, tests, quizzes, and games with a dose of humor injected. - See more at: http://www.dwmbeancounter.com
Views: 1350 Bean Counter