Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity
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- เผยแพร่เมื่อ 21 ก.ย. 2024
- • Accounting for Beginne... BEST ACCOUNTING PLAYLIST ON TH-cam !!!!!!!!
This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners.
Accounting For Beginners #1 • Accounting for Beginne... Debits and Credits / Assets = Liabilities + Equity
Accounting For Beginners #2 • Accounting For Beginne... Basics / Accounting Equation
Accounting For Beginners #3 • Accounting for Beginne... Journal Entries / Beginner Tips
Accounting For Beginners #4 • Accounting for Beginne... Income Statement / Revenue - Expenses
Accounting For Beginners #5 • Accounting for Beginn... The Balance Sheet / Basic Tutorial
Accounting For Beginners #6 • Accounting for beginne... Putting an Asset on the Balance Sheet
Accounting For Beginners #7 • Accounting for beginne... Depreciating an Asset / Basics
Accounting For Beginners #8 • Accounting for beginne... Depreciation Expense / Basics
Accounting For Beginners #9 • Accounting for beginne... Accounts Receivable / Basics
Accounting For Beginners #10 • Accounting for Beginne... Accounts Payable / Basics
Accounting For Beginners #11 • Accounting For Beginne... Fifo and Lifo Inventory / Basics
Accounting For Beginners #12 • Accounting For Beginne... 1 Journal Entry With 2 Assets / Basics
Accounting For Beginners #13 • Accounting for Beginne... Accounting Study Guide / Template
Accounting For Beginners #14 • Accounting for Beginne... Journal Entry with Cash / Expense
Accounting For Beginners #15 • Accounting For Beginne... Journal Entry With Cash / Revenue
Accounting For Beginners #16 • Accounting For Beginne... Debits & Credits / Negative Asset
Accounting For Beginners #17 • Accounting For Beginne... T-Accounts / Debits and Credits / Accounting 101
Accounting For Beginners #18 • Accounting For Beginne... What is a Draw? / Withdraw / Distribution / Dividend / Equity
Accounting for Beginners #19 • Accounting for Beginne... Don't Abbreviate / Accounting 101 / Basics
Accounting For Beginners #20 • Accounting For Beginne... Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses
Accounting For Beginners #21 • Accounting For Beginne... T Account Example / Accounting Tutorial
Accounting For Beginners #22 • Accounting For Beginne... Trial Balance Unadjusted / Accounting Basics
Accounting For Beginners #23 • Accounting For Beginne... Cash in a Bank Account / Checking Account / Basic Accounting
Accounting For Beginners #24 • Accounting For Beginne... Does The Transaction Increase Assets / Accounting Basics
Accounting for Beginners #25 • Accounting for Beginne... Accounts Receivable Example / Accounting 101 / Accounting Basics
Accounting For Beginners #26 • Accounting For Beginne... Reducing Accounts Receivable / We got Paid / Accounting basics
#Accounting #Exercise #CPA
#Accounting #Exercise #CPA
“I don’t care how you memorize it just do it”
This is teaching at its finest.
It's 8 letters bro
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I don’t offer tutoring. Although I do have close to 140 accounting for beginners videos in my “accounting for beginners playlist”
Colton Greenlaw 😍
I love it i was like yea memorize it !!!
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.
The year has been really rough for everybody. But I've been able to cushion the effect though. Have you thought of using an investment advisor? They can make you good money especially during uncertain times like this.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
D.E.A.L.E.R - The best way to remember - DEALER - Draw - Expenses - Assets.............Liability - Equity - Revenue ..........D E A L E R!
I see
th-cam.com/video/OUV1UcPM__c/w-d-xo.html
Thank you
I like his better
I think DC DEALER is the compromise way to go. Think of an illegal double dealing card dealer in washington, not hard to imagine such corruption.
I like this one
Dear Jonathan, I got the accounting exam back today and it was 97%!!! I still can't believe what I just achieved. This was my very first time to study finance subject and also study abroad, which means doing accounting in English was incredibly challenging to me. You not only saved my life, but also gave me confidence and taught me how important to go block by block. I am so lucky to have a teacher like you. Thank you sooo much Jonathan!! DCADELER forever!!!
Thank you. What a beautiful comment. It gives me much fulfillment to read these things. Best of luck to you.
Right now am a bit terrified, I have a forth coming accounting exam in less than 2months. I know my being in this channel won't be a waste. Amen 🙏
@@CPAStrengthPassion I want to become a chartered accountant, I hope I find here helpful to my career
A week ago I wanted to quit school because of my accounting class. I didn’t think there was any way on earth I’d pass this class and then I found your videos. Passed the class tonight! Thank you sooooo much!!
Omg !!! Congrats 🍾🎉🎊 to you. Take this win 🏆 and overcome other things not one thought possible
I swear im on the edge of dropping out because of that class!!! then im doing it online so you basically have to teach yourself
omg, thought i was the only one! i been driving myself crazy!
I appreciate all the love and support
Thanx
“The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money.” - Robert Kiyosaki
Please, in which of his did he say this?? Thanks
Thats why I'm here bro❤
Let’s gooooo
Not linguistically. It comes from "count." No faux facts. Let's not be stupid. MmmmK?
3 weeks in Accounting, I'm so lost! lol! I look around the classroom and everyone seems to get it but me. Thank you so much for your videos. DC ADE LER!!!!! something finally stuck in my brain. Now to learn balance sheet and adjustments! 😲😲😲 thank you, thank you!! 😊
Rocio Sanchez I feel the same as you😭😭
Rocio Sanchez my situation was the same ....but now i understand well
Joseph Elmajian i think its all about adjustment and depends on how attentively u read the case....
Rocio Sanchez you will enjoy it so much. promise!
same to me
Hey everyone who is in the comments section. I made this video over 3 years ago. And while the information is still the same. This was one of my first videos i ever made and a bit cringy. I had about 100 subscribers and 10 videos when i made this video. October 2018 im closing in on 70k subscribers and 350 videos. DC ADE LER has helped thousands of people with Accounting in the past 3 years. I say all this to possibly give some of my later accounting videos a chance for less cringe.
CPA Strength do you have a video about amortization?
Hopefully it will help me! I'm struggling badly! I will be tuned in everyday until I have watched every single video!
Fuck the haters man
Hi Jon. I'm also from Florida and I really liked your videos. I didn't have the chance to master accounting in school but I'm hoping these videos could help me. Thanks for the help!
you helped me understand the accounting equation much better. i will be looking at all your videos to maintain my learning skills for accounting.
I will add that many folks confuse accounting with “counting” or math in general. Let’s get one thing straight, you don’t have to be good at math to succeed in accounting. We rely on calculators and Excel sheets to do the math :)
Good point
Data entry, just have to know which goes where
But accounting is 1000 times harder than math.
You need to have Godlike memory to apply tons of GAAP, SFAS , IFRS, auditing standards and more accounting rules to solve a problem.
And that's what I am trying to polish up on is my Excel skills and math! ;-) I was in a position for 10 years using basic methodologies. I need help so bad!
I have no basics for accounting. Do you think it's possible to take this as a course?
This man perfectly represents the daily struggle of leftys and whiteboards
Now driving he Struggle bus, CPA Strength
Dude, so true. Lol
Lol
The struggle is real
I hear they prefer blackboards
bro i literally couldn't handle my accounting class two weeks ago (it's online and i'm not learning in the class at all). Since I found these videos, I actually understand everything, and got a 100 on my first test by remembering DC ADE LER. Thanks so much for posting this stuff, I use it more than the resources my university is giving me haha
The DC ADE LER is legit. As you see after you crushed a 100. Your welcome.
im in the same spot right now , hoping to pass midterms in just over a week. help.
Hi Risen'grind.. I am taking classes online and the teacher is not helping at all. It is hard very hard to teach my self. I always wondering if there are things I am missing by teaching myself.
1 year had passed after this comment was posted and I can relate to this. I am now a college stud and taking up Business Ad Major in Financial Management and we have an Accounting subject but I am not learning at all from my professor. If you happen to see my comment, pls reply to me and help me with my subject pls 😭😭
Study 📖 a little every day using DC ADE LER as a guide
I love when he says “I don’t care how you gonna memorize it, just do it”
😂 That alone removed my frustration and helped me learn. So easy!
Thank you so much!
God bless you!
Probably not my greatest teaching moment.
th-cam.com/video/OtN5LQQALyE/w-d-xo.html
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
@@CPAStrengthPassion it was hilarious & made me laugh :). i think because it was so funny, THATs what will help ppl remember it :). Plus Your little grid has TOTALLY helped me when i could NOT get it straight in my head. I have a cheat sheet chart I refer to all the time with but was panicking on how i'd remember it when i go to take the test & have no reference material. THANK YOU!
Me too 😂 I love that part.
I came back to say THANK YOU for helping me pass my Accounting for Decision Makers class at WGU! Last year I decided to go back to school to get my MBA, and it had been 15 years since I took an accounting class. I was super stuck at the beginning of the class, and your videos got me through it! Thanks for making these videos, they are very much appreciated.
Thats awesome. Thanks for the nice comment. It makes me happy I made these videos
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html !
I'm currently taking the same class and this video series was recommended.
I just started my accounting 1 class and I was completely overwhelmed and confused until I found your videos. Thank you so much! I'm sure i'll pass just fine now!
I want to thank you for your videos. I lost my job in the summer and was interested in taking accounting to further my career in payroll. But I was trepidatious because never thought I could handle accounting. However, watching your videos gave me confidence that I could do it. And I did. I just passed Financial Accounting with an 92%. 96% on the final exam. A+!
Omg that is so amazing. Congratulations. This makes me soooo happy
I'm in Financial Accounting and have already learned more in 5 minutes than I have in 5 weeks of class. Thank you!!! BTW, the using DEA LER is so easy, Thanks Jade Pod.
it makes me so happy that i can help out.
Same.
2022 - The best and the sexiest accounting teacher! I've been struggling for a while because english is not my native language and i might say that your videos changed my whole perspective of this job. Very precise and easy explained, even for a person like me, with no knowledge in accounting 🙂
Thank you so so much.
Thank you so much. I really struggled with accounting when I started, so I think I have a leg up when teaching.
All the best to to!!
This video is a lifesaver for those without basic accounting background. I keep coming back to it to refresh this knowledge.
Hey man, I just want to let you know how much I appreciate these videos! I just got my first job out of college working for Federal Government in bank regulation, and I hardly took any accounting in college. I have to pass this scary accounting assessment and your videos have helped me out soooooooo much! These helped me more than the books, studying, and professional accountants they brought in to teach us. You saved my bank account, job, income, but perhaps more than anything you gave society a much better federal regulator. People put a lot of trust in banks; they put a lot of money in there. Because of you, citizens can be more confident they got a qualified government worker keeping their money safe. I appreciate the energy, humor (especially the reoccurring "ya boys gettin jacked"), and helpfulness. Even the inspirational stuff you put in there helps me get through the day. Keep up the good work man, you're a hero!
+Jeffrey Seib wow, your comment came right on time for me. Sometimes I question what I'm doing with myself. And I need someone else to keep me motivated. I never thought about how I am helping someone excel at their job, so they can help people.
For sure man! This stuff isn't just for freshman trying to pass a class. These videos helped me work to keep people's money safe.
How you making out now?
I'm writing EMS tomorrow and im just watching TH-cam about the work,thanks dude you're a lifesaver
Another one saved Yee.
Michiel Kritzinger hi
EMS 🥴🥴
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
I cannot thank you enough. I was really struggling with an accounting class but these videos broke everything down and kept it simple. DC-ADE-LER was a Godsend!
Awesome, seriously glad I could help out
Had our quiz today in accounting and i swear that "DC ADE LER" saved my life. Been watching your videos as well til the 5th lesson and i swear those 5 to 10 mins worth of your videos helped me SO MUCH. I also like the way how you explain it. Simple and concise. Now I'll be needing your playlist til I graduate and earn my CPA. Thanks so much man. CPA STRENGTH LEZGOOOO EYYYY 💪🏻
Ayoooooo, DC ADE LER came in on ther clutch
" I don't care how you do it, JUST DO IT" life for everyone would be so different
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
Its been 9 years. I am a Science Student. I had to learn accounting for using Odoo ERP Software. I tried finding many videos on the internet but couldn't understand anything about accounting. Fortunately I came across your video and found this video and seriously its just blessing. The tricks you are sharing here on your playlist, I am seriously happy about it. the way you are explaining stuff. Its totally amazing. Thank You So much seriously. Allah Bless You Mate
Thank you so much for reaching out and leaving me very nice comment. It really gives me motivation to keep making videos, because some people’s brains are similar to mine. All the best to you.
To make it easier to remember, one can use the word DEALER instead of ADELER
Oh, i really like this one. If i was just learning these for the first time i might use this mnemonic. I think it's super cool when people comment and let people know what works for them and their brain.
Jade Pod dc dealer
myyyyy nigga
This is great, I like having both!
omg thats so much easy
when you calculate millions of dollars but you have only 1 dollar in your account
Thats commerce student 😂😂
Yep
Hahahaha 😂😂
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
Right said
Fawad MIT 😂😂
I'm finishing my accounting degree in the next four weeks and these first few videos on the channel were the reason why I started. Thank you
Omg- this is like amazing to me. That I had a hand in your success. This is why I make videos. Let's goooooo
Can’t thank you enough, it took my professor 2 months to get us through what you taught me in about 10 mins
I was literally screwed for my exam before i learned DC ADE LER. Somehow, DC ADE LER made everything so much easier and i was able to get an 85% on the exam!!! Thank you!
You are so welcome. Another success story
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
I just wanted to say that I watched so many of your videos and I appreciate all the time you put into these videos. I really struggle with accounting and had so many of the same issues that you mentioned you had early on. My teachers made no sense and I was about to give up. You make sense and teach very well! Thank you so much. When I pass, it will be because of these videos.
You’re very welcome. I know the struggle is real for some people. I dunno maybe some peoples brains work different, because there were lots of people who were understanding accounting in class, but I wasn’t. Best of luck to you!!!
For anyone taking Intro to Accounting (aka Principles of Accounting, Accounting Foundations, etc.), this is the best playlist on the Internet. I had a hell of a bad time with my book but CPA Strength and #DCADELER was what made it all click. I went from an accounting hater to passing the class to now considering getting a CPA license. Strength's grasp on the value of redundant communications (ie making sure everyone remembers DCADELER and accrued = no cash) is right up there with the best profs I've had in any subject. 13/10.
This is really a nice comment thank you !!!!!
Thank you sir! I got a B on my 1st exam in my financial accounting class because of your videos. For the past few weeks I was lost & confused, but now I’m gaining a better understanding.
Thanks so much for helping us out, i joined year one for BBA, i came late and no lecturer was willing to help me out. I'm so grateful i found your channel, i will come back with a testimony. Stay blessed
I'm here to give back to the world. So glad you found my channel. Come back with your amazing testimony
Your personality alone makes this way more interesting than any of the other videos I've watched about accounting on TH-cam. So many monotone voices with generic backgrounds, but this is way better.
+Tom Sawyer thank you 😊 I try and bring a little some different to accounting education
CPA Strength thanks man you helped a lot
What? No!
Bueller.... Bueller....
ur way better than our teacher in the university at making it easier for the students to understand .. thanks alot
Your Welcome. It really makes me happy to be able to help people learn accounting from all parts of the world.
CPA Strength soo true u helped a lot ur great trust me , hope all the best to you and keep going 💪
This was the first video I’ve watched when I’m studying accounting 4 years ago. This video helps me in my quizzes wherein about normal balances. I’ve got almost perfect score in my first quiz. Now I’m a 4th year college student and I still remember this discussion wherein part of my growth. Thanks to this video!
Seriously, this just changed my life! Thank you. Studying an MBA at the moment and accounting was doing my head in. A few of your videos and it all made sense! Thank you so much!
You are so welcome, it makes me feel so good to know i am helping people get through accounting.
I remember first watching this video when I was on my journey of getting my associates degree, I wanted to learn about money. Now that time has passed I’m glad I can refer back to this basic concept to help me on my accounting class.
That’s awesome. Glad I can help you out.
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html !
Thanks so much for sharing this. My brother is an accountant, and he graduated from Delaware State U. Also Temple. My other brother two colleges also for accounting/business, and my sister as well but for Psychology. I'm the youngest, and I am the one who's been more of the innovator, and who has never gone to college, but even as an innovator, there's a business side to it. I just searched "how to do accounting" just to see if people really teach like colleges do, and to overcome my fear of college courses. I've been intimidated since I didn't do well in high school. But that was years ago. You're video helped me see that college might not be so scary after all. Even when it comes to something major like Accounting. I think the teacher makes a big difference when it comes to learning anything. Bad teaching affected my learning growing up. You're teaching was so easy, bro, I appreciate you! You did a great job!!!!
Thank you for your kind words. Trust me work the basics, built a strong foundation and you will be able to get through accounting
📌 I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability.
Lately I've been thinking of buying cryptocurrency for retirement, I've set asides $350k to invest but along the line, I usually get cold feet maybe because I have no idea what I'm doing, please I could really use some guidelines.
In situations like this, I always recommend to people on getting guidance at least from someone that understands price action and all that while you strive on improving yourself by watching videos and learning fundamental analysis.
Investment guidance sounds like a great idea, thought about it before but never knew how to go about it.
@@santiagoagustine3749 I started investing in cryptocurrency a little while ago and I've come to realize nothing beats first hand experience…Investing with Loretta Wilkinson has been the best experience ever.
WoW.Loretta Wilkinson ?
I remember watching this before my freshman year of high school started because I was taking intro to accounting and I wanted to get a headstart, many months later and im now in accounting one and I really want to thank you because this video really helps to give you a good foundation, and I hope Ill take accounting 2 and marketing next year!
I think this maybe the 1st or, at most, 2nd post I've ever posted publicly on TH-cam. I just wanted to tell you, in all sincerity, thank you for taking time out of your day/life to create these videos. Because of you, and specifically you're style of teaching --easy to understand, small, digestible chunks of information, your candor with your own learning setbacks--with zero accounting experience, I was able to pass my college accounting class in 2 days!!! DC-ADE-LER for life, lol.
Thanks brother for doing what you're doing and keep up the great work!
You think you aren't a teacher, but you are... You are REAL and that's what people need... instead of people who are full of shit.. Thank you for doing these videos.
Thank you. I realize now 5-6 years after filming these videos on TH-cam that I am a teacher. I’ve helped LOTS of people with learning accounting
Years later and this guy still helping me
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
Watching this video again at .5 speed and getting hammered… Your videos are the best way to learn accounting …
😂😂😂😂
Thank you for making this!!! You're the whole reason I passed my accounting course. This explains debits and credits better than my book and lecture hall combined.
Thank you. I’m glad to read this. Makes me happy inside
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
You have no idea how much your videos are helping me! Back to school at 40 and was feeling defeated as nothing was clicking! Thank you so much!!!!
I understand, i was super lost when i went back to school myself, glad my videos could help
Or you can use: DEA LER which is kinda easier to remember than: Just do it
You make a good point
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
You're a G for taking the time and explaining all of this. Took me forever to get it but I got it now. Thanks!
It gives me purpose to help out.
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
Heading back to school for an accounting degree after 5yrs away. These videos so far are a god sent.
Best of luck to you. You will do great
Thanks so much for this series! I passed my accounting module final and finished my first semester of uni with a 4.0 GPA with your help #teamdcadeler
Thank you for letting me know. With your comment and comments like yours, i know i am right where i need to be. And i need to spread DC ADE LER to every beginning accounting student. I am so happy to be able to help build your confidence by helping with your GPA. Keep it up. Your kicking butt.
lol this video is a god send. quick review b4 a test tomorrow
Tutor ME
CPA Strength I’m about to start accounting in January this was a great introduction thank you !
DURANDURAN. GREATEST. HITS
just remember DEALER
Dr: Drawings, Expense, Assets
Cr: Liability, Equity, Revenue
Despite the economic crisis, this is a Still a good time to invest in Gold and Crypto.
The rich spend less and invest more
Investing in these economic crisis will be one of the best thing to do.
You're right I think Gold and Crypto are the best to invest right now☺️
Gold's are good but crypto is better.
Watched this video during my 1st year of undergrad.
Four years later, i'm wrapping up my degree and I attribute a lot of my fundamental understanding to this video!
I wish I saw this vid 6 years ago , when I am still studying accounting, You made it easy #DC ADE LER!
I graduated Accounting technology cause I was having a hard time pssing my exam during accountancy program, but now Im having my interview and just had this short review that sums up my 5 years of studying , jeez ! Hahaha thanks!
better you found the ways of DC ADE LER later then never
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
@@emwinmusic Hope your interview went well
th-cam.com/video/OUV1UcPM__c/w-d-xo.html
10X better then my professor
Are you trolling or nah ??
CPA Strength naw
CPA Strength serious my professor is trash and he gets paid 100k+
Yep mine tooooo
facts bro
Hi everyone from Azerbaijan, I've watched a ton of videos which lasted 10, 20, even 30 minutes so far, but this is out of the world )))) amazing! just in the video of about 5 minutes all is done )) I am really grateful to you.. thanks a bunch :)
Thank you
Where were you a year ago!!!!!
How did I miss this 😭
I needed you like years ago man 💯
Sorry bro
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
If i know this before I start University. You give me a hope one day I will get my CPA
There is always hope
As a 16 years old student I think this is the most helpful introduction for my journey to be a CPA💕
Awesome, I’m super glad to be able to help
Thank you po! Filipino subscriber here
more explanation, you can subscribe to this channel.
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I've been having such a hard time with remembering these sort of things in my accounting class. This just blew my mind. Thanks so much. It reminds me of soh cah toa in trig haha.
You know what. You are totally right about it being very similar to soh cah toa
th-cam.com/video/OtN5LQQALyE/w-d-xo.html
How quickly did u find a accounting job in Fl after getting your certs...
My accounting teacher can't teach properly and once I came to watch your videos, I understand it immediately, so thanks for your help
What sounds harder to your ears? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
@@mathematicaleconomist4943 I'm not even in college yet
@@ninjapirate123 That's so cute! High school, I guess?
@@mathematicaleconomist4943 yes it's my last year in high school
Wow that was so perfect! I wish my accounting teacher would have taught me that way my first day!
Better late then never
Thank you! I"m still confused but this helped a little.
Afia Syed i will teach u afia
Afia Syed looks l
Afia Syed bnsr
CLEAR
C - Capital
L - Liability
E - Expenses (debit balance in nature)
A - Asset (debit balance in nature)
R - Revenue
love from India....
That’s a great method
Clearly explained! I had been struggling for years, the 1 hours whole series helped me a lot! Thank you so much!
Glad I could help out
Imma start my course in one month. And thank you. I love learning in advance!( Tho it will be in French, we will have English class only about the accounting words!) Helping so much, thank you!
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
I can finally breathe...! This is the first time watching this video and trust me from the beginning I understand what he was teaching. I'm to watch few moreand see how it goes for me
Best of luck to you
Excellent explanation. Studying for my first accounting test.
Do yourself a favor. Practice using DC ADE LER. thank me after your test
For equity I always put owner's equity so for me it's DC ADE LOR. It's less confusing than having two E's
Shon Phillips ya its also good idea
Shon Phillips p
Shon Phillips yep you got mind and good one.
You
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
Thanks for the video. Im a student again after 4 years of no school and an ONLINE accounting class is the first class I have... Its been a struggle to say the least. Especially since the monotone 10 minute lecture a week doesnt teach me anything. Also covering a new chapter and testing every week on top of my full time job. Seeing someone talk and giving me things I can memorized has been a hugeee help thank you.
watching this before first day of accounting class 👩🏽🎓
You are going to do great. Practice a lot with DC ADE LER. Good luck
CPA Strength thank you !!!
SAMEEEE! I have class tomorrow at 8am lol
Hell ya..!! This is helping..!! Currently pursuing Mba, and it is helping changing my approach towards accounting..!! Ty..
Wher have u been all my life??!! 😩😩😩. U the best thing tht ever happened to Accounting. Thank God for u🙏
Hahah, good luck
@@CPAStrengthPassion Dude whatsup, no more videos? I used to be addicted to your channel, hope you get back at it again. much love.
Dr:
1. Assets
2. Draws
3. Expenses
Cr:
1. Liability
2. Equity
3. Revenue
Thats it my friend
Your dedication is relentless... YO YO YO
Thank you my friend
I want to thank you sir from the bottom of my heart! I've taken accounting courses but they never explained it like this. Yesterday during my job interview the manager asked me a few accounting questions and this popped up on his quiz and I got it right! Thank you so much :D I got the job!!
Thats, awesome congrats on the job
4:31 he’s like. I am jacked as you can see. Lol! Cool vid bro.
th-cam.com/video/OtN5LQQALyE/w-d-xo.html
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
As simple as that. This guy good
Thank You, this will help you so much
6 yrs ago this was my life saver haha, thank you. Now its time for my little sis so I've recommended this channel
That’s amazing
Jonathon: Congratulations! You appear to have successfully integrated your knowledge of accounting and body building into your channel. Question: As a body builder, what do you think about the ketogenic lifestyle / diet and intermittent fasting? Have you ever tried either one?
I just got That PayPal. Thank you. / I have not tried ketogenic diet. Although I have tried intermittent fasting. It’s like a eating window. I do like a smaller eating window so I eat less calories throughout the day
this awesome method is giving me new hope in understanding basic financial, thanks pal
+Ujang Michael Awesome, this helped me so much i had to share
I wouldn't have passed my first accounting test if it wasn't for this video. I would have dropped out of the class and not become an accountant. I woulnd't be a CPA candidate now, if it wasn't for this video. Thanks man! Go Owls! (FAU alum here)
Yo - that’s awesome to hear. Congratulations on your success and it is awesome I to hear that my videos were helpful. SALUTE THE HOOT 🦉
Bless you all amen
Stay blessed
DEAD CLIC. DEBIT EXPENSES ASSETS DRAWINGS, CREDIT LIABILITY INCOME (revenue) CAPITAL (equity)
+chaz kaz I kinda like that
DC ADE LER is easier for me.
TH-cam
chaz kaz yeah I learnt it that way.
next time use commas
This guy is a G.O.A.T Like I just started Accounting I and he just summarized what I know is the most important thing to know I'll be back for future videos garanteed.
This basic foundation will take you far in your accounting endeavors
A debit is an accounting entry that either increases an asset or expense account or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account or decreases an asset or expense account.😧😧🤪🤪📚😧🤪🐕😆👍👍
I like how you wrote that
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
Random thought that came to me while watching this: Dishonesty is a LIARbility (Liar + Ability).
Thinking about going into Accounting for college and came across your video. I will be keeping this in mind from day one to forever. Thank you for your help! ❤️
You are welcome
I have completed my homework with the bank rec and hopefully, it is right. I will let you know how I did. It is hard learning online.. thanks to you I am making my way.
Awesome, i am glad i can help. It gives me purpose
th-cam.com/users/ACMEHITESH
Kindly watch Acme Hitesh lectures for better understanding.
Also subscribe the channel
Lectures are in Hindi.
If you will support us.we will add subtitles
th-cam.com/video/8r-RN5_UHI8/w-d-xo.html ..
Hello, I'm new to Biticon trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong
That is true, you need an exprt broker and acct manager to make good profit from Btcoin trade
I highly recommend Mrs Stacy Griffin she is my current trader and her strategies are working
Mrs Stacy Griffin is the plug, get in touch with her. she gives high attention to her clients both old and newbies.
@Esha Kumar Yes they are scammers in the business just like it's in every other business but they are also legit brokers out there for investors and Mrs Stacy Griffin is one of the real and legit brokers out there.
Please someone should help me here.... I lost $7500 on live trade. I thought live trade is the same as demo trade because I was winning with my demo trade account. Please this is quit frustrating. what should I do?
Thank to you I passed the exam after a whole night watching your videos. THANKS
I’m only 13 but I’m pretty set at becoming an accountant it’s my dream job
Way to start early. I wish I had direction when I was that young
Im 14 and trying to learn as much as i can
Great. This is the channel for you.
me too! I'm 14 and starting to learn so that I have an idea when I already in college.
@Eric Roman The kid is 14 years old and you're going to judge him on a stupid picture?
The swastika was created well before his time and the fact that you, a fully grown adult could make mean spirited comments about a kid that's just trying to learn things is just disgusting.
With his attitude towards learning, that kid might go on to do great things.
I think you need to take a good hard look at yourself Eric and maybe try to learn to show a little respect while you're at it.
I am 14 and I want to help out with my dad accounting firm.
this is one of your classic videos, I've been watching you for years
There is such a good thing as a good accountant and a bad teacher 'I don't care how you do it, just do it'. Sounds like 90% of my High School teachers.
You have a good point. i could work things a lot different. And my teaching & Accounting skills have lots of room for improvement.
Sorry I can't quite recall the part where I said I can't memorise it, can you remind me? Or are you just simply the 'dumb' one out of us two?
what's the Draw means ?
WithDRAW I have a video accounting for beginners #18 that I try to explain what a withDraw means
@@CPAStrengthPassion thank you so much dear
Welcome
@@CPAStrengthPassion Iam a small business man in my country Egypt I starting study business Administration ,Among the various administrative departments I found that I love accounting and I decided to study it further and luckily I found your wonderful channel and I found it an opportunity to learn accounting in English also
, its great moment in my life really thank you
Awesome. I'm glad I could help out
love this, just starting out, someone shared this in class tonight. and it helped much more than what my teacher discussed!!
I’m blessed to have found a way to help out people. I’m glad my thoughts could resonate with you
debits and credits has also annoyed me.I always thought when we owe to someone else then we are debtors and when someone else owes to us then we are creditors!debit section has assets and credit section has liabilities!so, the land, building items and cars are debits and bank loans, overdraft are credits vice versa! why?
You are the greatest
Thank you. I think I'm just a normal guy, but I appreciate your kind words
DEALER
Debit-
-dividend
-expenses
-asset
Credit-
Liability
Equity
Revenue
DEALER is easier to remember as its a term we have come across so many times. Thanks.
Yezza....
@@crimsoneagle2020 welcome😀