As a rising junior taking intermediate next semester, this is very comforting. Once I realized I was completely indifferent to doing hours of accounting homework in principals 1, I knew accounting was for me. I loved learning debits/credits, normal balances, preparing statements, etc. I couldn’t get enough of it, and I made my own double entry accounting system for all of my assets, liabilities, expenses etc. I log everything, and learned basic but very fundamental excel skills in the process, while also always keeping those journal entries sharp. Looking forward to intermediate and getting back on that grind. Hope to work in public for at least a few years after getting my masters and CPA. Preciate you making these vids man💯💯
Ive been working for a year now in public and the most important classes were my intermediate account classes. Im really glad I studied hard for my intermediate accounting classes it really paid off and like 95% of the work I do revolves around those basic accounting principles that I learned in intermediate accounting.
I can not stress the topic enough. I am now working as a staff accountant, and knowing JE's ins and outs are fundamental in this profession. It'd be cool if you could recommend either other channels, books, maybe apps? or a way to learn about JEs. Great video by the way!
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
Me watching this video after getting an A in accounting lol that was my absolute favorite class , I’m so excited to get into the industry (I’m actually in accounts payable /receivable in the company I’m at now ) so a lot of it was natural already
3:25 3:05 When doing anything related the debit and credit, ask yourself why it is recorded the way it is. Why is it a debit or credit. How is it impacting the client and how can you help them
I can't thank my principles of accounting I professor for teaching the DEALER acronym for debits and credits (this was a remote class, too in 2021) D ividends (Debit to increase, Credit to decrease) E xpenses (Debit to increase, Credit to decrease) Normal Debit balance A ssets (Debit to increase, Credit to decrease) --- L iabilities (Credit to increase, Debit to decrease) E quity (Credit to increase, Debit to decrease) Normal Credit Balance R evenue (Credit to increase, Debit to decrease) This helped my all throughout the rest of my accounting degree and helped land me a job after I was asked technical questions about debits and credits under the pressure of a job interview
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
As a rising junior taking intermediate next semester, this is very comforting. Once I realized I was completely indifferent to doing hours of accounting homework in principals 1, I knew accounting was for me. I loved learning debits/credits, normal balances, preparing statements, etc. I couldn’t get enough of it, and I made my own double entry accounting system for all of my assets, liabilities, expenses etc. I log everything, and learned basic but very fundamental excel skills in the process, while also always keeping those journal entries sharp.
Looking forward to intermediate and getting back on that grind. Hope to work in public for at least a few years after getting my masters and CPA.
Preciate you making these vids man💯💯
Ive been working for a year now in public and the most important classes were my intermediate account classes. Im really glad I studied hard for my intermediate accounting classes it really paid off and like 95% of the work I do revolves around those basic accounting principles that I learned in intermediate accounting.
I can not stress the topic enough. I am now working as a staff accountant, and knowing JE's ins and outs are fundamental in this profession. It'd be cool if you could recommend either other channels, books, maybe apps? or a way to learn about JEs. Great video by the way!
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
Me watching this video after getting an A in accounting lol that was my absolute favorite class , I’m so excited to get into the industry (I’m actually in accounts payable /receivable in the company I’m at now ) so a lot of it was natural already
I understand JE pretty good. I think I struggle more with learning the process of an audit or tax and technical software more
I could not agree with you more. During Busy season, that was a flaw I could not wrap my head around.. I say this as a first year associate
3:25
3:05 When doing anything related the debit and credit, ask yourself why it is recorded the way it is. Why is it a debit or credit.
How is it impacting the client and how can you help them
For me its the fact its a 9 to 5 (but actually a 8 to 6)
For me 9 to 8 lol
Can you do a video on testing of gross receipts? You have sample work papers?
I needed this today
I can't thank my principles of accounting I professor for teaching the DEALER acronym for debits and credits (this was a remote class, too in 2021)
D ividends (Debit to increase, Credit to decrease)
E xpenses (Debit to increase, Credit to decrease) Normal Debit balance
A ssets (Debit to increase, Credit to decrease)
---
L iabilities (Credit to increase, Debit to decrease)
E quity (Credit to increase, Debit to decrease) Normal Credit Balance
R evenue (Credit to increase, Debit to decrease)
This helped my all throughout the rest of my accounting degree and helped land me a job after I was asked technical questions about debits and credits under the pressure of a job interview
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
Thanks for sharing
We missed you.
Staff struggles because they have no mentors. Reviewers don’t teach expect perfect work -! The managers mostly females are passive agresive and don’t teach you in a good manner. You are judged on your questions aka dumb ones and you will be assumed to be dumb
Echoo echo echo