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Video of ACCOUNTING PRACTICE TEST / BALANCE SHEET / JOURNAL ENTRIES / ASSETS = LIABILITIES + EQUITY / #2 in Accounting Fundamentals course by CPA Strength channel, video No. 104 free certified online
ACCOUNTING PRACTICE TEST / BALANCE SHEET / JOURNAL ENTRIES / ASSETS LIABILITIES + EQUITY
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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?v0--jJn6zqfg Basics / Accounting Equation
Accounting For Beginners #3 https://www.youtube.com/watch?vYXFEEr3qHIo Journal Entries / Beginner Tips
Accounting For Beginners #4 https://www.youtube.com/watch?vYy1DtVND7yo Income Statement / Revenue - Expenses
Accounting For Beginners #5 https://www.youtube.com/watch?vfEtBFB_Nq-o The Balance Sheet / Basic Tutorial
Accounting For Beginners #6 https://www.youtube.com/watch?vXyB3mmzQ_jU Putting an Asset on the Balance Sheet
Accounting For Beginners #7 https://www.youtube.com/watch?vH4udCOiU8i8 Depreciating an Asset / Basics
Accounting For Beginners #8 https://www.youtube.com/watch?vxjXgpnUEgFI Depreciation Expense / Basics
Accounting For Beginners #9 https://www.youtube.com/watch?vQFV6PGIMT5M Accounts Receivable / Basics
Accounting For Beginners #10 https://www.youtube.com/watch?vxQ0u_QocSO4 Accounts Payable / Basics
Accounting For Beginners #11 https://www.youtube.com/watch?vtFA9HD3-7SI Fifo and Lifo Inventory / Basics
Accounting For Beginners #12 https://www.youtube.com/watch?vZ-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics
Accounting For Beginners #13 https://www.youtube.com/watch?vds2Y0MxzMBA Accounting Study Guide / Template
Accounting For Beginners #14 https://www.youtube.com/watch?vBU9emeoLKX0 Journal Entry with Cash / Expense
Accounting For Beginners #15 https://www.youtube.com/watch?vkwCtASXQRLU Journal Entry With Cash / Revenue
Accounting For Beginners #16 https://www.youtube.com/watch?v1YrcjlHFBZ0 Debits & Credits / Negative Asset
Accounting For Beginners #17 https://www.youtube.com/watch?vamf1hyptG70&t25s T-Accounts / Debits and Credits / Accounting 101
Accounting For Beginners #18 https://www.youtube.com/watch?v18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity
Accounting for Beginners #19 https://www.youtube.com/watch?vr43j010KT58 Don't Abbreviate / Accounting 101 / Basics
Accounting For Beginners #20 https://www.youtube.com/watch?vyXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses
Accounting For Beginners #21 https://www.youtube.com/watch?vCK9NgJoqJa4 T Account Example / Accounting Tutorial
Accounting For Beginners #22 https://www.youtube.com/watch?vEC93RsvgK9E&t25s Trial Balance Unadjusted / Accounting Basics
Accounting For Beginners #23 https://www.youtube.com/watch?v-9-LAnE61lw&t25s Cash in a Bank Account / Checking Account / Basic Accounting
Accounting For Beginners #24 https://www.youtube.com/watch?vaUjVslkn4HI&t25s Does The Transaction Increase Assets / Accounting Basics
#Accounting #Exercise #CPA