Accounting for Beginners #58 / Bank Reconciliation / Adjusted Balance / Accounting Basics Tutorial

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  • เผยแพร่เมื่อ 18 พ.ย. 2024

ความคิดเห็น • 108

  • @Powderr
    @Powderr 5 ปีที่แล้ว +27

    This guy is a boss, wish I had a proffesor like this

  • @tonibarnes6705
    @tonibarnes6705 7 ปีที่แล้ว +11

    I do bank reconciliations every month for the company I work for! I love how you simplify everything with accounting! Things that I use to view as "soooo complicated" with accounting I am now seeing how simple it really can be! Thanks CPA Strength! You're Awesome!

    • @CPAStrengthPassion
      @CPAStrengthPassion  7 ปีที่แล้ว +1

      +Toni Barnes thank you. I had to learn accounting by imagining somebody owes me $5 instead of owing me $2,076,276.43 I had to keep it simple for me to understand.

  • @susettepupo9106
    @susettepupo9106 6 ปีที่แล้ว +21

    Seriously don't know how I would make it through my accounting classes in college without you. You teach me more in these short videos than my professor does in a full two hour lecture! Keep it up man!

  • @pytdivine
    @pytdivine 6 หลายเดือนก่อน +1

    I was scared to see these numbers but im starting a new job and have to learn this, you made it really simple for me to understand :) Thank you!

  • @alexscott1554
    @alexscott1554 ปีที่แล้ว +2

    I watched your videos in college and now I’m back for new job preparation!

    • @CPAStrengthPassion
      @CPAStrengthPassion  ปีที่แล้ว

      Awesome, what a blessing that I could be around for another round of help

  • @ZacchaeusNifong
    @ZacchaeusNifong 4 ปีที่แล้ว +2

    Five seconds in and I already knew I liked this guy.🔥

  • @myyoutubeaccount12111
    @myyoutubeaccount12111 6 ปีที่แล้ว +12

    Thank you so much for DC ADE LER and all these Series. They've really come in handy for my accounting classes. God bless you CPA Strength. ❤❤❤

  • @ramneekk6036
    @ramneekk6036 6 ปีที่แล้ว +6

    Saved me from failing! Thank you so much keep it up!

  • @efnarios
    @efnarios 6 ปีที่แล้ว +11

    Oh wow,
    I just learned what bank reconciliation is in 12 minutes

  • @uncagedvenom6125
    @uncagedvenom6125 6 ปีที่แล้ว +4

    For my accounting test tomorrow we’re doing this, establishing petty cash, and just answering some somewhat basic questions. I really hope I know what I’m doing and that this helps.

    • @CPAStrengthPassion
      @CPAStrengthPassion  6 ปีที่แล้ว +1

      This will definitely help. Use DC ADE LER. and get some practice in.

  • @miraclesuhana3559
    @miraclesuhana3559 6 ปีที่แล้ว +2

    Thank you so much CPA Strength. I got 'A' from my accounting classes and it's all because of you. Love all of your videos.They're very helpful.Love you. God bless you and all the very best.

    • @CPAStrengthPassion
      @CPAStrengthPassion  6 ปีที่แล้ว

      Thank you for letting me know that I helped you with your accounting.

  • @Renisfamilyvlog
    @Renisfamilyvlog 4 ปีที่แล้ว

    He is so cool he is the real teacher

  • @iamtheyellow6703
    @iamtheyellow6703 7 ปีที่แล้ว +32

    too long. Starts telling good staff from 1:45

  • @levelwithme609
    @levelwithme609 2 ปีที่แล้ว +1

    Why am I addicted to watching you? Lol- Thank you for making this stuff entertaining 😘🤪🥳

    • @CPAStrengthPassion
      @CPAStrengthPassion  2 ปีที่แล้ว

      Yo Yo Yo, addiction is a powerful thing. Glad yu are enjoting the videos

  • @benjaminlomo6112
    @benjaminlomo6112 7 ปีที่แล้ว +9

    Yes! After about a month of watching, I finally got through it all. Man, your videos are getting long, but I love the content. Keep it up!

    • @CPAStrengthPassion
      @CPAStrengthPassion  7 ปีที่แล้ว +1

      +Benjamin Lomo sorry about the longer videos. Thanks for rocking with me though my videos. I haven't even hit my stride yet

  • @oldiesbutgoodies458
    @oldiesbutgoodies458 4 ปีที่แล้ว +1

    Most people binge watch Netflix series...i binge watch this guy!

  • @rakeshuvobd_ctg8924
    @rakeshuvobd_ctg8924 6 ปีที่แล้ว +7

    i have so much respect for you man!!! thank you for these videos!!!

  • @TheMilkyDelight
    @TheMilkyDelight 6 ปีที่แล้ว +7

    I love this guy

  • @Matt-ou3hp
    @Matt-ou3hp 5 ปีที่แล้ว +1

    Hi CPA Strength. Thank you for taking the time to put this video together. I am in the middle of helping my younger sister understand basic accounting for a course she is taking and your video makes it much easier for me to help interpret some of this stuff for her. Keep up the great work.

    • @CPAStrengthPassion
      @CPAStrengthPassion  5 ปีที่แล้ว

      Thank you for your nice comment. I am glad I can help

  • @santoshk.2135
    @santoshk.2135 หลายเดือนก่อน

    Thank you so much for this video. The bulb lit off in my head 😂♥

  • @joannthomases9304
    @joannthomases9304 ปีที่แล้ว

    You are funny...i can only enjoy learning here ! Thank God for fun learning....finally ! Balancing out..😂 love this already. My mind opened !👀👀👏👏

  • @AndreA-qp6in
    @AndreA-qp6in 7 ปีที่แล้ว +3

    This is the best simple explanation, thank you!!!

    • @CPAStrengthPassion
      @CPAStrengthPassion  7 ปีที่แล้ว

      +Andre Arutiunian thank you. It's not even DC ADE LER. I really enjoy being able to impact people positively

  • @McsonLight
    @McsonLight 3 หลายเดือนก่อน

    Thank you so much sir❤, Who would have believed that I can understand some basic term in Accounting,not my background ,but a layman can as well. CPA I really want to know what happened to the $6000 (ending balance) and cheque 3 & 4? Thank you in advance sir.Amaka

  • @wokenwarrior8808
    @wokenwarrior8808 6 ปีที่แล้ว +3

    i have a test soon on reconciling the bank statement thank you know accounting for a payroll

  • @lungelothembeka9343
    @lungelothembeka9343 6 ปีที่แล้ว +1

    Thank you Mr CPA Strength u r the best

  • @emanalhasen511
    @emanalhasen511 5 ปีที่แล้ว +1

    I enjoy every min thank you very much

  • @bkasnita2161
    @bkasnita2161 ปีที่แล้ว

    what camera do u use? love ur vids very helpful

  • @christinebrown7899
    @christinebrown7899 5 ปีที่แล้ว +2

    oh my, I am drowning ... Bank reconciliation and internal control stuff are heavy. I know how to do a bank reconciliation but I am not understanding how to figure out how to answers the question. I don't know what the first step is in my homework. It is asking me to determine the amount the cashier stole from the company. I am going to just do a bank reconciliation first to see if I can figure these 4 questions out.

  • @k3da24
    @k3da24 4 ปีที่แล้ว

    Thank you so much for the awesome Videos!

  • @joem3181
    @joem3181 4 ปีที่แล้ว

    Yo bro, keep it coming...
    Very helpful #salute 💪💪💪

  • @yingdelcamp1026
    @yingdelcamp1026 6 ปีที่แล้ว +4

    Can you make video to explain current assets,I got A for my first accounting exam ,Thank you all you videos!

    • @CPAStrengthPassion
      @CPAStrengthPassion  6 ปีที่แล้ว

      i can in the future about current Assets, glad i could help with your Accounting Exam.

  • @celestinasin8149
    @celestinasin8149 5 ปีที่แล้ว +2

    I’m stuck at this problem: there was a check correctly drawn for P52,000 in payment of account. The check wasn’t outstanding. However in the books it was recorded as P25,000 only.
    Is it correct that the remaining P27,000 is to be added to the entity’s books??
    I tried doing different computations and I always get understated on either by P1,000. I’ve been struggling about this days urgh

  • @zoro8523
    @zoro8523 6 ปีที่แล้ว

    i just understanding u because u make very easy

  • @quickbooks_taxes_devika
    @quickbooks_taxes_devika ปีที่แล้ว

    where did we come to know in the start there are 4 cheques? how did we assume that?

  • @accountingforbeginners9210
    @accountingforbeginners9210 3 ปีที่แล้ว

    Good video,well done

  • @gila815
    @gila815 7 ปีที่แล้ว

    I LOVE THIS GUY.

  • @ThePrincessbyrne
    @ThePrincessbyrne 5 ปีที่แล้ว +2

    getting me through the accounting a-level I regret choosing

    • @CPAStrengthPassion
      @CPAStrengthPassion  5 ปีที่แล้ว

      Well I'll help you out even though you regret taking the class.

  • @adamwong4056
    @adamwong4056 5 ปีที่แล้ว +1

    Thank you Sir!

  • @reginagolovata1685
    @reginagolovata1685 7 ปีที่แล้ว

    Hello . I like your videos very much . I have few questions for you . I live in Florida too . I am planning to take CPA. Here are my questions.
    1. Can I take CPA with international diploma from another country?
    2. Witch part of CPA better I take first ?
    Thank you so much . Your videos are very useful

    • @CPAStrengthPassion
      @CPAStrengthPassion  7 ปีที่แล้ว +2

      +Regina Golovata hi 👋 Florida friend ( its soooooo hot ). 1) not sure, contact state board of accountancy in Florida and ask them. 2) I would say take BEC first. I think it's the easiest. I'm glad your enjoying the videos.

  • @bipishagorasiya7065
    @bipishagorasiya7065 6 ปีที่แล้ว +1

    the mike's and john's cheques are called unpresented cheques

  • @conanvisinko141
    @conanvisinko141 6 ปีที่แล้ว

    Bro you rock, thanks for the great vids

  • @amirchvmbers
    @amirchvmbers 4 ปีที่แล้ว +1

    My guy 🙏🏿

  • @elium3469
    @elium3469 5 ปีที่แล้ว +2

    I be paying bulk uni fees. Meanwhile, this chief is out here teaching me more for free, than uni does at all. why even bother with uni?? ahhhaha

  • @Gundal66
    @Gundal66 6 ปีที่แล้ว

    Hi, do you have a video abt LLP? Thanks

  • @MISTERBONG228
    @MISTERBONG228 7 ปีที่แล้ว

    Thank you for uploading my request, love you

    • @CPAStrengthPassion
      @CPAStrengthPassion  7 ปีที่แล้ว

      +MISTERBONG228 I got love back for you. Thank you for your continued support

  • @Chandler890
    @Chandler890 11 หลายเดือนก่อน

    So the guy in the books made a mistake and this needs to be fixed?

  • @quickbooks_taxes_devika
    @quickbooks_taxes_devika ปีที่แล้ว

    Where did the 8000$ cheque come from which have not been cashed?

    • @welikegoodies
      @welikegoodies ปีที่แล้ว

      They are cheques written to suppliers/ expenses / creditors. They are liabilities and to be subtracted from your ledger for your books to help balance / reconcile.

  • @abdulabdulla8382
    @abdulabdulla8382 7 ปีที่แล้ว

    If I sold my truck $2000 over the salvage value how do I record it. thanks

  • @yassinndow-s3n
    @yassinndow-s3n 5 หลายเดือนก่อน

    Please sir can u go over it again please

  • @ShineDawg
    @ShineDawg 7 ปีที่แล้ว

    Merry Firstmas

  • @pinglu6685
    @pinglu6685 4 ปีที่แล้ว

    Hi, CPA strength, I wonder Can I consider the dividends as under Draw when the company distribute dividends?
    Thanks!

  • @OscarGarcia-oh5th
    @OscarGarcia-oh5th ปีที่แล้ว

    First and last video I’ll watch. Maybe I’m impatient but the talking was hard to sit through.

  • @scoop111
    @scoop111 6 ปีที่แล้ว +2

    Nice intro lol didn’t even feel like accounting video

    • @CPAStrengthPassion
      @CPAStrengthPassion  6 ปีที่แล้ว

      Haha 😂, I guess that's the point to not have it feel like an accounting video

  • @firstname3033
    @firstname3033 6 ปีที่แล้ว +2

    Didn't really solve the problem tho ?

  • @tylerjohnston1529
    @tylerjohnston1529 4 ปีที่แล้ว +1

    my dude sounds permed as fuck

  • @RunningmanVietsub-lc1fe
    @RunningmanVietsub-lc1fe 6 ปีที่แล้ว

    have you a email ?. I have one problem which i need get help from you. thanks

  • @tommys8983
    @tommys8983 7 ปีที่แล้ว +1

    The death row of you tube

  • @flaviusjacob
    @flaviusjacob 6 ปีที่แล้ว

    The first 5 minutes this guy is just blabbering, skip ahead if you value your time.

  • @katharinahuang3941
    @katharinahuang3941 6 ปีที่แล้ว

    is he fucking drunk? ...useful example tho