LEARN ACCOUNTING in Under 5 Hours!
https://www.youtu be.com/watch?v=gPBhGkBN30s
All in One Cheat Sheet Package → https://accountingstuff.com/shop A collection of Accounting tutorials that I have actually created over the previous 3 years. I have actually organized the subjects into a rational, progressive order and got rid of all commercials, introductions & outros for your watching enjoyment! ⏱ TIMESTAMPS. 00:00 – Introduction. 00:58 – The Accounting Cycle – https://youtu.be/yYX4bvQSqbo. 14:54 – The Accounting Formula – https://youtu.be/56xscQ4viWE. 18:29 – Debits & Credits – https://youtu.be/VhwZ9t2b3Zk. 23:27 – Why Debits & Credits Aren’t In reverse – https://youtu.be/ddb65RudGi0. 25:09 – T-Accounts – https://youtu.be/kA9snSvCgW8. 34:35 – Journal Entries – https://youtu.be/Y-_Q3rANyxU. 39:55 – What is a Billing? – https://youtu.be/O6qtAT_SnIM. 45:38 – What are Assets? – https://youtu.be/rOsuqG_J0t4. 54:08 – What are Liabilities? – https://youtu.be/fKRwT10Sszc. 01:03:45 – What is Equity? – https://youtu.be/Fr5oHEYrT2A. 01:13:20 – The Money Approach of Accounting – https://youtu.be/8t9PFHlLLVI. 01:17:49 – The Accrual Approach of Accounting – https://youtu.be/C8UuX75ZarU. 01:24:00 – Profits Acknowledgment Concept – https://youtu.be/37PPccwsYJI. 01:25:53 – Stock & Expense of Product Sold – https://youtu.be/OB6RDzqvNbk. 01:35:07 – My # 1 Accounting Hack – https://youtu.be/5Y3wjH-6gHk. 01:38:07 – Debits & Credits Practice Questions – https://youtu.be/yCOZ7aylC0c. 01:43:23 – The General Journal – https://youtu.be/Fu8zGee1SZw. 01:52:25 – The Trial Balance – https://youtu.be/3_PfoTzSCQE. 01:59:05 – Changing Entries – https://youtu.be/H0N7tvXuJlU. 02:08:03 – Prepaid Expenditures – https://youtu.be/RE7wrflFOGA. 02:16:26 – Deferred Profits – https://youtu.be/F1zNQ1wga7o. 02:25:29 – Accumulated Expenditures – https://youtu.be/9aZ6CCj-ies. 02:37:03 – Accumulated Profits – https://youtu.be/7ibN25VCvFg. 02:44:50 – Devaluation – https://youtu.be/_pas1ETbrj8. 02:55:51 – Straight Line Approach of Devaluation – https://youtu.be/iruD9KTNnNc. 03:02:28 – Earnings Declaration – https://youtu.be/hrSUq4wcd0g. 03:12:16 – How to Make an Earnings Declaration – https://youtu.be/0–AvwZabIQ. 03:17:04 – Balance Sheet – https://youtu.be/YZyBSU6YdmM. 03:27:04 – How to Make a Balance Sheet – https://youtu.be/CMv1zlZhb4Q. 03:33:51 – Trial Balance vs Balance Sheet – https://youtu.be/q7Nhj8vDD8M. 03:39:20 – Introduction to Capital Declarations – https://youtu.be/Xy-yDw0gsgc. 03:49:24 – Direct Approach Capital Declaration – https://youtu.be/KOR10VPsyO8. 04:06:43 – Indirect Approach Capital Declaration – https://youtu.be/8CH-6wdfz0Y. 04:16:07 – How to Make a Capital Declaration – https://youtu.be/DiVPAjgmnj0. 04:31:07 – The Secret to Comprehending Financial Statements – https://youtu.be/_F6a0ddbjtI. 04:37:09 – Closing Entries – https://youtu.be/e1z2lpdQyGQ. 04:50:22 – Outro. Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel. FREQUENTLY ASKED QUESTION. ▪ My Favourite Accounting Schedule for Novices → http://geni.us/5mKR7m. FOLLOW ME ON. ▪ Insta → https://www.instagram.com/accountingstuff. ▪ Twitter → https://twitter.com/AccountantStuff. LEARN ACCOUNTING FUNDAMENTALS FREE OF CHARGE. ▪ The Complete Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb. MUSIC. ▪ Lakey Influenced – Blue Boi → https://soundcloud.com/lakeyinspired/blue-boi. ▪ Lakey Influenced – Last Night → https://soundcloud.com/lakeyinspired. ________________________. DISCLAIMER. A few of the links above are affiliate links, where I make a little commission if you click the link and acquire a product. You are not bound to do so, however it does assist money these videos in hopes of bringing worth to you! ________________________. #accounting #accountingstuff #accountingbasics
I’m only 20 minutes in here so far, but the explanation of debits and credits is worth 10 times the way I was taught in my undergrad! Thank you so very much. I will very much enjoy finishing the rest of this video. Thank you, Sir!
I’m a bit confused at 27:27 on the credit side you have bill payments and new supplies, however those are not sources of money so why are they involved on the credit side, shouldn’t they be on the debt side since those are where the money is destined to be? I also am having a hard time understanding the increase or decrease of debits and credits as well. Maybe it will make more since the more the video I watch.
Thank you. I forgot so many things i learned in college. Your videos are helping me to remind past courses. I’m having fun while i’m learning and remembering.
Thank you so much!! You are a my best Accounting teacher!
Took me 3 days to completely go through this video. Thanks a lot mate. Prayers for you and hopefully I’ll buy some of those sweet merch soon. Cheers mate!
Thank you. Really enjoying your content
Best video I seen so far with the best explanations and easy to understand. Although lengthy I was able to skip to specific subjects that I needed to better understand.
34:46
💓💓💓
1:13:20
Thank you James
1:03:54
Hello I am French, I live in France, but I would like to wholesale in the United States, I would like to buy from American wholesalers then resell on Amazon US and Walmart, Accounting in France is very complicated, but I understood that in the United States was going to be very simple especially for a small business, is it correct ? Thank you Cyril
Great job! One of the easiest to understand for beginners!
Funny thumbnail, so when are you uploading “learn accounting under 5 minutes or less”