Depreciation, Amortization, and Depletion Explanation (Financial Accounting Tutorial #57)
What is depreciation? Well it is a concept that provides methods to allocate the cost of a long lived asset over accounting periods. This way it matches expenses ...
Preparing the Financial Statements (Financial Accounting Tutorial #25)
This financial accounting tutorial explores how the adjusted trial balance is used to complete the 3 main financial statements: the Income Statement, the Balance ...
thank you very much! Your videos are an amazing help!
Recording Business Transactions: T-Accounts - Financial Accounting video
Recording Business Transactions: T-Accounts - Financial Accounting video discusses the posting of business transactions from the journal to the general ledger ...
+liukuanlon liu I appreciate your kind words and I am glad that you find my accounting videos helpful. If you haven't already, please subscribe to my channel so that you will receive notifications when new videos are posted. I have been uploading more over the past couple of weeks.
+liukuanlon liu I am glad that you enjoy my accounting videos and find them helpful. If you go to my YouTube channel at youtube.com/routhwsuedu you should see a RED SUBSCRIBE button that you can click on. Once you subscribe to my channel you will receive notifications when I post new videos.
Final accounts adjustments Explanation- Financial accounting tutorial
If you like this video please: like, comment, share and subscribe (*)For any accounting tasks contact @ [email protected] (*)To view my ...
Hi Sampras ,liability for balance sheet is always credit side because in
trial balance all liabilities are shown in credit side. For your knowledge
I want to said that according to British concept liabilities are shown in
left side of balance sheet and according to American concept concept
liabilities are shown in right side of balance sheet.
+Pawan Pyakurel Thanks Pawan, for your kind information.
Financial Accounting Versus Managerial Accounting: What's the Difference?
This video may be useful to students just beginning a course in managerial accounting as we explain how this subject differs from financial accounting.
Discounts, Premiums and Bonds at Par (Intermediate Financial Accounting Tutorial #12)
Before we moved onto valuing and reporting long term bonds I thought that I would provide a quick summary of bonds issued at a discount, premium or at par.
Maybe I'll sell some spare tutor hours through my website over Skype :) I'm guessing they'd go for $20-$25/hour. Where do you go to college at?- Dave
Financial Statements Explained
I explain the basics on balance sheets and income statements using an example business. I also explain all of the following: Assets, Equity, Liabilities, Accounts ...
Simple example. Let's say a profit of 1000 dollars doesn't mean your business is doing well. You need to see the bigger picture using Balance Sheet and a 1000 $ profit doesn't mean you've cash of 1000 $ with you. That's where cash flows come in. You can't sustain if you're dealing with negative cash flows.