Great job with the videos. This helped me save so much time having to look for relevant material to put my notes together for the CFE I am writing in Sep. Thanks again. I am going through all your videos to prepare my own short notes for last minute review.
Thanks for this video! So, for journal entries, can you confirm my assumption here is right? When the first TV is sold, we would credit $1667 to revenue, and debit $333 to deferred rev. Then, if the second TV is purchased for $1,000, then the JE would be Dr. Cash $1k, Dr. Deferred revenue $333, Cr. Revenue $1333? If the purchase option just expires without being exercised, the JE would be: Dr. Deferred revenue $333, Cr. Revenue $333?
Thanks so much for your videos. Could you make a video about Foreign currency (Fx) AO? I always get confused about if I need to use the spot rate or Balance sheet rate and the HB seems very dry for me to completely understand. Your classes are excellent. I really appreciate it :)
Great job with the videos. This helped me save so much time having to look for relevant material to put my notes together for the CFE I am writing in Sep. Thanks again. I am going through all your videos to prepare my own short notes for last minute review.
You make it easy to understand and i find your videos explain much better than my teacher 😊
Hah thank you so much! Glad you enjoy the videos! Let me know what topics you want me to do next!
Thanks
$1,000 is already the price of the second TV after discount? Isn't this incorrect to discount it again?
I was just coming to the comments to see if anyone caught this too 😂 Yeah you’re right
The second one would be 800(2000*50%*80%)
Same question. @Shamz comment on this.
Thanks for this video! So, for journal entries, can you confirm my assumption here is right? When the first TV is sold, we would credit $1667 to revenue, and debit $333 to deferred rev. Then, if the second TV is purchased for $1,000, then the JE would be Dr. Cash $1k, Dr. Deferred revenue $333, Cr. Revenue $1333? If the purchase option just expires without being exercised, the JE would be: Dr. Deferred revenue $333, Cr. Revenue $333?
Thanks so much for your videos. Could you make a video about Foreign currency (Fx) AO? I always get confused about if I need to use the spot rate or Balance sheet rate and the HB seems very dry for me to completely understand. Your classes are excellent. I really appreciate it :)
Please make a video on foreign currency and intangible assets!
1st
As always :) I have been slower posting, but glad you're still on top of this!
@@ShumzCPA It's been a year since I seen your video, it's still very great but good luck on your future endeavors!
The TTC 😆🤭🤦🏻♀️
Defer tax 😢