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Steven Force
United States
เข้าร่วมเมื่อ 18 มี.ค. 2020
Do you have questions about accounting or statistics? Then, you've come to the right place! There's a long list of videos waiting for you on the channel that cover financial accounting, managerial accounting, and business statistics.
This channel has a few different types of videos to help you with any questions you have. There are short, example-focused videos that will cover a single topic in the video. There are also longer, review-style videos that cover a variety of topics.
So, what are you waiting for? Start looking around the channel now!
Courses covered in the videos:
Financial Accounting (ACC 111, ACC 112, ACC 211)
Managerial Accounting (ACC 212)
Business Statistics (GBS 221)
This channel has a few different types of videos to help you with any questions you have. There are short, example-focused videos that will cover a single topic in the video. There are also longer, review-style videos that cover a variety of topics.
So, what are you waiting for? Start looking around the channel now!
Courses covered in the videos:
Financial Accounting (ACC 111, ACC 112, ACC 211)
Managerial Accounting (ACC 212)
Business Statistics (GBS 221)
วีดีโอ
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Reviewing what a one-way ANOVA will measure, along with the reason we use ANOVAs in statistics.
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Normal Probability (Bell Curve)
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Using Contingency Tables for Probabilities (Intersections and Unions)
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Measures of Central Tendency (Mean, Median and Mode)
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It is really educative
Thank you !
god bless you and your family
T
I can't thank you enough for this. I was struggling with my homework and didn't understand it, but you made it so easy. Now, I totally get it. I did one FIFO and LIFO by myself, following what I learned from you, and I got them all right. Thanks a bunch!
Thank you so much,just found this playlist 3days before semester final.. This was so helpful ❤
Thank you for going straight to the point.
Learnt in 5 mintues thanks mate
I am still having trouble getting it.
Can you make a video about periodic method as well?
What if there's a loss instead of profit. Would you write it as Less: Loss xxx
Correct. The Net Loss would be listed under the "Less" section along with any Owner's Drawings you may have in that period.
i also looked up for many video regarding this topic but i found your video the most helpfull one. Thank you
Glad it was helpful!
Thank you so much ✊🏼
I want to ask that what is the interest? Where does the interest come from?
Tanks
youre awesome you have the best videos and you explain everything in a simple way. Thank you very much!
Glad they're helpful!
Great work, simple and to the point. Thank you!
does it matter in which order you list out the liabilities and owner's equity?
Liabilities will always need to be listed before Owner's Equity. As for liabilities, it's best to list them out in order of the account numbers that a company is using. However, there is not a strict rule like the order of liquidity for assets. As for Owner's Equity, the only account that you'll list on a basic balance sheet will be Owner's Capital.
how do you know which accounts will be higher liquidity?
Liquidity refers to how quickly an asset can be turned into cash or be used up. So, Cash will always be the most liquid. Here's a link that goes more into the rest of the list: www.accountingtools.com/articles/what-is-order-of-liquidity.html
is adding investments optional? it sounded optional
It's not necessarily optional, but investments are not always going to happen during an accounting period. An owner may go a while before investing more in the business, so during those periods without any investments, they will not appear on the statement.
i didn't realize it would be this easy! thank you so much
Great job, surprised why so litte views for such a detailed and clear explanation
Glad it helped!
Question you said the second way to get the ending owner's capital was using the accounting equation and you said total assets of 27,120 minus liabilities of 6020 equals 20,100. but I get 21,100. can you please explain what I am missing here? Thank you
There was an error made when calculating the net loss, and that affected this calculation. If you don’t make a mistake like I did, you should be able to use the accounting equation!
@@stevenforce3344 Okay Thank you . Btw you're an excellent teacher . You explain everything in slow a voice you don't rush through. I learned a lot from you. I appreciate it.
Omg It's easier than I expected for . I like your explanation style thank you for that
Glad it helped!
I love this thnks
Love this❤
All accounting students should never take online courses. We need teachers face to face.
You saved my life..thanks a bunch
Why you used one month , the statement 1 was about 3 months of interest kindly explain
The "3-month" term for the note indicates when it needs to be paid back. Since we borrowed the money on December 1 and we're preparing adjusting entries on December 31, only one month has passed. So, we only record one month of interest in this adjusting entry.
Thank you for this awesome lesson. I'm currently in an accounting class and this was extremely helpful!
Glad it was helpful!
Thankyou Sir
Sir do we have to deduct the value of stock dividend fro retained earnings?
Yes, when you close the Stock Dividend account, it decreases Retained Earnings.
@@stevenforce3344 thank you 🙌
Thx man
you totally saved me thank you so much for your service
If we have a loss on sale of property, where would that go in this statement?
dude, where were you a million videos ago? man, yours is the best
What if its a net loss and there is no investments made? How do u get the ending capital then? Pls answer
If that's the case, then there is nothing being added on the statement. It would start with the beginning capital balance, then you would subtract owner's drawings and the net loss in order to find the ending capital balance.
Great presentation
best explanation everrrrrr!!
Thanks you're the goat
Thank you 👍🏽
Help me how to prepare sale budget and purchase budget
Thank you ❤
One of the best classes i've ever watched!!! 🥰
What about a song you've created and copywrote? How do you amortize that? or do you not?
Thanks 🙏
Best explanation 👏
Thank you!!!
quick and straight to the point. ty
What happens if you don't put the details in order
it will be less ordered.