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How to Make a Journal Entry
 
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This video illustrates how to make a journal entry in the general journal. It was prepared by Professor Anna Boulware at St. Charles Community College
Views: 1577524 am
How to make Journal Entries (Video-3) (Journal Entries related to PURCHASE AND SALE OF FIXED ASSETS)
 
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Click the following Link to Buy my Video Classes: https://www.instamojo.com/SudhirSachdeva/?ref=profile_bar PLAYLIST: HOW TO PASS JOURNAL ENTRIES https://www.youtube.com/watch?v=UF6p5Ouuqug&list=PLVE_dFhGA23wqD8LM4Mkp4P-NW7ZIEcPI PLAYLIST: MICRO ECONOMICS https://www.youtube.com/watch?v=hrZzyemTtlc&list=PLVE_dFhGA23xQvMSRRCekLAe0OPcURYj6 PLAYLIST: ACCOUNTING EQUATION https://www.youtube.com/watch?v=IAZqYGks0cg&list=PLVE_dFhGA23zeHUNyW9R3gCWfc5IgxPZA PLAYLIST: RECTIFICATION OF ERRORS https://www.youtube.com/watch?v=6H3FpBHjzPE&list=PLVE_dFhGA23wjrFUpCAjYMzpnHAryyr5W This Video contains method of passing Journal Entries related to PURCHASE AND SALE OF FIXED ASSETS. It covers all the entries with reasons of debiting and crediting the accounts. This video will prove a great source of accounting knowledge who are beginners. Also to those who want to learn reasons of Debit and Credit of various accounts in different transactions.
Views: 292800 SUDHIR SACHDEVA
Business Core Tutoring - Journal Entries (Purchase Supplies for Cash and Supplies on Account)
 
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In this video, Devon Coombs discusses how to record journal entries for the purchase of supplies for cash, and the purchase of supplies on account. Produced and written by: Devon Coombs Follow me on Twitter and LinkedIn: https://twitter.com/devonpscoombs https://www.linkedin.com/in/devoncoombs Please subscribe to my channel :) Filmed and edited by: Zohar Achiasaf
Business Purchase Books of Company Sum 1
 
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Jagrat Creation Presents This Video lecture on Financial Accounting,Conversion or sale of firm to company wherein journal entries in the books of the company are explained for 1. purchase of business and 2. collection of debtors as the agent of the vendors and 3. payment to creditors as the agent of the vendors by preparing working notes to find purchase price and net amount payable to vendor. This video is useful for students reading in the books of company Conversion or sale of firm to company in CA-IPCC,ICWAI Intermediate,CA-Intermediate level, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 3629 Jagrat Creation
Intangible Assets Accounting (Bargain Purchase Of A Business, Price Paid Less Than Fair Value)
 
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Accounting for a bargain purchase of a business where one company acquires another company (example would be forced liquidation or distressed sale of a business), Bargain Purchase: 1-Purchaser in business combination pays less than the fair value of identifiable net assets, 2-Purchase price less than value of net identifiable net assets, this excess amount is recorded as a gain by the purchaser, if the price paid is less than the fair value of net assets received (assets - liabilities) then a gain is recognized, detailed example by Allen Mursau
Views: 4816 Allen Mursau
6.1 Inventory and Cost of Goods Sold
 
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Inventory and Cost of Goods Sold
Views: 35057 Dee Amaradasa
What's The One Thing Rich People Buy That Poor People Don't - Boss In The Bentley
 
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Don't make purchases with the mentality of poor people. Find out what's the one thing rich people buy to become richer. Watch the entire series of Boss In The Bentley here: https://www.youtube.com/watch?v=pZrWTgiML48&list=PLEmTTOfet46OWsrbWGPnPW8mvDtjge_6- ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://richbuy.danlok.link Discover the most powerful money model: https://www.youtube.com/watch?v=hjgN-K_b7nk ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Check out these Top Trending Playlist: 1.) How to Sell High Ticket Products & Services: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE 2.) The Art of High Ticket Sales - https://www.youtube.com/playlist?list=PLEmTTOfet46NufVkPfYhpUJAD1OBoQEEd 3.) Millionaire Mindset - https://www.youtube.com/playlist?list=PLEmTTOfet46O591glMGzRMoHaIJB-bQiq Dan Lok, a.k.a. The King of High-Ticket Sales is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan works exclusively with coaches, consultants, thought leaders and other service professionals who want a more sustainable, leveraged lifestyle and business through High-Ticket programs and Equity Income. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two times TEDx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is expensive (although it will be FAR less expensive than staying where you are). Many of his clients are seeing a positive return on their investments in days, not months. But if you think your business might benefit from one-on-one interaction with Dan, visit http://danlok.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok Photo source credits and References: Bill Gates: https://www.flickr.com/photos/junaidrao/28419235809/ Warren Buffet: Nicholas KAMM / AFP: https://www.thenational.ae/business/money/get-rich-and-retire-early-by-investing-like-warren-buffett-1.699590 ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/user/vanentrepreneurgroup Linkedin: https://www.linkedin.com/in/danlok Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K This video is about What's The One Thing Rich People Buy that Poor People Don't - Boss In The Bentley https://youtu.be/XsgB3a7w_jY https://youtu.be/XsgB3a7w_jY Image Attribution: Bill Gates Photo by Blinkist https://www.blinkist.com/magazine/posts/7-key-lessons-from-business-adventures-bill-gatess-favorite-business-book Warren Buffet Photo by Nicholas KAMM / AFP https://www.thenational.ae/business/money/get-rich-and-retire-early-by-investing-like-warren-buffett-1.699590
Views: 1428233 Dan Lok
Rules of Debit and Credit
 
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In this video, you will learn in depth about accounting of business transactions and learn about how they affect different accounts, and how to apply the rules of debit and credit in different situations.
Views: 919658 Finance Train
Which Notebook is the Best for Bullet Journaling?! | STATIONERY SHOWDOWN
 
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Today's stationery showdown is the battle of the bullet journal notebooks...which one do you think is going to win?? FULL NOTEBOOK COMPARISON CHART ‣ https://goo.gl/FEMgPf FINELINER STATIONERY SHOWDOWN ‣ https://youtu.be/bCgycDMeiiE ------- NOTEBOOKS MENTIONED ------- Leuchtturm 1917 ‣ http://amzn.to/2Bjlq1X (Canada) ‣ http://amzn.to/2BnoN84 (Worldwide) Scribbles That Matter ‣ http://amzn.to/2F63wSf (Canada) ‣ http://amzn.to/2Bk4Kaw (Worldwide) Dingbats ‣ http://amzn.to/2F3US72 (Canada) ‣ http://amzn.to/2Bl8GHY (Worldwide) Rhodia Webnotebook ‣ http://amzn.to/2F5tEwy (Canada) ‣ http://amzn.to/2DxFWkv (Worldwide) Moleskine ‣ http://amzn.to/2F2GQCt (Canada) ‣ http://amzn.to/2E0RpH8 (Worldwide) Lemome ‣ http://amzn.to/2Dzey6B (Canada) ‣ http://amzn.to/2G6rvlP (Worldwide) Archer & Olive ‣ https://goo.gl/zTfdD8 Bondibook ‣ http://amzn.to/2G95YsD Mossery Co. ‣ https://goo.gl/XNGvon Midori MD ‣ http://amzn.to/2Bma90A (Canada) ‣ http://amzn.to/2Bl3rbn (Worldwide) ------- FOLLOW ME ------- Instagram: http://instagram.com/amandarachlee Twitter: https://twitter.com/amandarachlee Facebook: https://www.facebook.com/amandarachlee/ Second Channel: https://www.youtube.com/amandarachlife Website: https://www.amandarachlee.com/ Business Inquiries: [email protected] MY PO BOX Send me cute letters & notes if you want!: Amanda Lee PO Box 152, Toronto B Toronto, ON M5T 2T3 ------- MUSIC ------- ‣ Joakim Karud: http://soundcloud.com/joakimkarud ------- DISCLAIMERS ------- Amazon Links are affiliate. I receive a small commission at no extra cost to you. FTC ▹ This video is not sponsored.
Views: 707546 AmandaRachLee
What Bookkeeping Journal ?
 
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Special Bookkeeping Journals used by business. Special Journals include: Cash Receipts Journal Cash Disbursements (Payments) Journal Sales Journal Purchases Journal General Journal In a nutshell, my site Bean Counter is primarily an accounting educational and training site that offers free beginning bookkeeping and accounting tutorials, courses, exams, tests, quizzes, and games with a dose of humor injected. - See more at: http://www.dwmbeancounter.com
Views: 665 Bean Counter
Business Purchase Books of Company Sum 6
 
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Jagrat Creation Presents This Video lecture on Conversion or sale of firm to company wherein journal entries in the books of the company are explained for 1. purchase of business and 2. collection of debtors as the agent of the vendors and 3. payment to creditors as the agent of the vendors by preparing working notes to find purchase price and net amount payable to vendor. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 776 Jagrat Creation
Accounting,  Journal Part:5 purchase return, Business school
 
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আমার ফেসবুক পেজের লিংকঃ- https://www.facebook.com/businessscho... আমার ফেসবুক গ্রুপের লিংকঃ- https://www.facebook.com/groups/17341... প্রয়োজনে কথা বলতে পারেন এই নাম্বারে: 01766966454 ( রাত ১০টা থেকে রাত ১১টার মধ্যে) ভালোভাবে বুঝতে চাইলে সম্পূর্ণ প্লেলিস্ট শুরু থেকে দেখোঃ https://www.youtube.com/watch?v=Of5UvFZtdEg&list=PLr_H45tIT76oPouCXY-Nkqj06mEWTde-q জাবেদা পর্বঃ ৫ ক্রয় ফেরত, accounting purchase return
Views: 405 Business School
Planning for 2018: A Minimalist Bullet Journal for Productivity
 
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*Update: 2019 Planning Video is Available!* https://youtu.be/8wWpReMc-eY As 2018 approaches, I wanted to share my complete productivity planning system. I’ll show you how I use a minimalist bullet journal for planning my days, weeks, months, and project sprints. I’ll also tell you my thoughts on the Baron Fig Confidant notebook and compare it with the Leuchtturm 1917 that I’ve been using the past year. Join my January Journal Challenge: https://dailyjournal.carrd.co/ If you're in the market for a bullet journal, I'm a big fan of the Baron Fig Confidant. Please consider using my affiliate link to purchase, which gives me a small commission at no additional cost to you! http://mattragland.com/uses/baronfig In this video, you'll learn how to create a daily agenda and accomplish your top tasks first. I'll show you how to use blocks or buckets of time to allocate your responsibilities and set boundaries. Then I'll share how I plan my 6 week project sprints at ConvertKit and personal goals. Read everything about it here too: http://mattragland.com/planning Download the 10 Blocks PDF here: http://mattragland.com/10blocks This is a bit of a long one, and forgive the slightly loud background music at the start. To help you navigate, here are the timestamps when I hit each topic... 00:00 - Start 02:40 - Baron Fig and Leuchtturm comparison 04:40 - Mood Tracker 06:00 - Month at a glance 08:21 - 10 Blocks for Your Week 11:14 - Daily Agenda & Top Tasks 13:47 - Field Notes for Daily Checklists 15:00 - Project Planning 19:20 - More on the Baron Fig 21:59 - Where I Write *Confidant Flagship Notebook from Baron Fig* Please buy through my affiliate link: http://mattragland.com/uses/baronfig (no additional cost to you and a little kickback to this guy) Pen: Staedler Triplus Fineliner http://amzn.to/2EJukeG Field Notes are at http://fieldnotesbrand.com My friend Shawn Blanc runs an amazing course at http://thefocuscourse.com How Basecamp works in 6 week cycles: https://m.signalvnoise.com/how-we-set-up-our-work-cbce3d3d9cae How the bullet journal system works: http://bulletjournal.com/ ================================================== My name is Matt Ragland and I make videos about creating and cultivating a profitable side hustle. I’ll show you how to develop and organize a value-based approach to your content that solves problems for your fans and converts them to customers. You can look for these videos every Wednesday, so please hit subscribe to stay in the loop for each new show! ================================================== You can find me in other places too, like... Website: http://mattragland.com Medium: https://medium.com/@mattragland/ Instagram http://instagram.com/mattragland Twitter http://twitter.com/mattragland Music by Dyalla https://dyalla.bandcamp.com/
Views: 346915 Matt Ragland
Merger And Acquisition Basics - By Kunal Doshi, CFA
 
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BASICS OF MERGERS & ACQUISITIONS for COURES like CAFINAL, MBA, BMS, CFA
Excel Integration with Dynamics 365 Business Central - Purchase Journal
 
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Create purchase journal lines in Dynamics 365 Business Central with SmartConnect's data entry Excel templates. To learn more, visit: https://www.eonesolutions.com/connector/dynamics365-business-central-excel-template-purchase-journal/
Views: 39 eOneSolutions
How to make Journal Entries (Video-4) (Journal Entries related to LOAN taken from and Given)
 
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Click the following Link to Buy my Video Classes: https://www.instamojo.com/SudhirSachdeva/?ref=profile_bar PLAYLIST: HOW TO PASS JOURNAL ENTRIES https://www.youtube.com/watch?v=UF6p5Ouuqug&list=PLVE_dFhGA23wqD8LM4Mkp4P-NW7ZIEcPI PLAYLIST: MICRO ECONOMICS https://www.youtube.com/watch?v=hrZzyemTtlc&list=PLVE_dFhGA23xQvMSRRCekLAe0OPcURYj6 PLAYLIST: ACCOUNTING EQUATION https://www.youtube.com/watch?v=IAZqYGks0cg&list=PLVE_dFhGA23zeHUNyW9R3gCWfc5IgxPZA PLAYLIST: RECTIFICATION OF ERRORS https://www.youtube.com/watch?v=6H3FpBHjzPE&list=PLVE_dFhGA23wjrFUpCAjYMzpnHAryyr5W This video contains method of passing Journal Entries related to LOAN taken from and Given to various persons. Also how journal entries of repayment is passed is taught. It covers all the entries with reasons of debiting and crediting the accounts. This video will prove a great source of accounting knowledge who are beginners. Also to those who want to learn reasons of Debit and Credit of various accounts in different transactions.
Views: 151468 SUDHIR SACHDEVA
Easy method to learn||Introduction to accounting||Journal||Ledger||Trial balance||by kauserwise
 
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Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 6383617203 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected]] [Every contribution is Helpful] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3421572 Kauser Wise
PLAN WITH ME | June 2019 Bullet Journal Setup
 
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bubble tea + bullet journaling. what more do you need? Try out Squarespace! ‣ http://squarespace.com/amandarachlee Start your free trial and enter code “amandarachlee” to get 10% off your first purchase! My Re-useable Bubble Tea Straws CA: https://amzn.to/2M96Lki USA: https://amzn.to/2YOJeqA June One Year Ago: https://youtu.be/oTzJOA8uNJY June Two Years Ago: https://youtu.be/r4Bx1VkkjPs My Bullet Journal Video Playlist: https://www.youtube.com/playlist?list=PLzvTMfB-VuTsSbmCDxqPXXwNenJqKMa8z - I N S P I R A T I O N Some things that inspired me this month: https://www.instagram.com/p/BwSxMaPH8ab/ https://www.instagram.com/p/BeOVvPOBimj/ https://www.pinterest.ca/pin/247627679497147718/ https://www.pinterest.ca/pin/399976010650611670/ I found this spread by @bujowithjess on Pinterest after I did mine, but hers is super cute as well! https://www.instagram.com/p/BvKsUlWFM2w/ Some other people who have done bubble tea themed bullet journals: https://www.instagram.com/cynthiabujo/ https://www.instagram.com/bulletjournal_veronica/ - F O L L O W M E Instagram: http://instagram.com/amandarachlee Twitter: https://twitter.com/amandarachlee Facebook: https://www.facebook.com/amandarachlee/ Second Channel: https://www.youtube.com/amandarachlife Website: https://www.amandarachlee.com/ Business Inquiries: [email protected] M Y P O B O X Send me cute letters & notes if you want!: Amanda Lee PO Box 152, Toronto B Toronto, ON M5T 2T3 - M Y S U P P L I E S Archer & Olive A5 Dot Grid Journal: https://www.archerandolive.com/collections/signature-dot-grid-journals Use code AMANDA10 for 10% off! Tombow Dual Brush Pens (#942, #620, #991, #761, #243): https://amzn.to/2GZRjmo Tombow Fudenosuke Hard Tip Brush Pen: http://amzn.to/2ySzdjm Sakura Pigma Micron PN Fineliner: https://amzn.to/2R81ZVL Sakura Professional Pigma Brush Pens (MB) : https://amzn.to/2SkwKUQ White Gelly Roll Pen (10): https://amzn.to/2Sf6o6B Uni Posca White Pant Marker (PC-1M 0.7mm): https://amzn.to/2XkUvPl Pentel Graphgear 500 0.3 Mechanical Pencil: http://amzn.to/2DjRW4P Tombow Roll Glue Tape Adhesive: https://amzn.to/2VegSnJ Polka Dot Washi Tape Set: https://goo.gl/p881dQ Pastel Slim Washi Tape Set: https://bit.ly/2wmXf2g ‣ Links are affiliate. I receive a small commission at no extra cost to you. - Music by Epidemic Sound: http://share.epidemicsound.com/amandarachlee Animation Design: Sirana Huang - D I S C L A I M E R This video is sponsored by Squarespace!
Views: 671169 AmandaRachLee
Business Purchase Books of Company Sum 5 SH   III
 
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Jagrat Creation Presents This Video lecture on Financial Accounting,Conversion or sale of firm to company wherein journal entries in the books of the company are explained for purchase of business and by preparing working notes to find purchase price and cash payable to vendor.Over and above balance sheet of the company as per Sch.III is prepared after taking over the business. This video is useful for students reading in the books of company, Conversion or sale of firm to company in CA-IPCC,ICWAI Intermediate,CA-Intermediate level, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 431 Jagrat Creation
Quickbooks Owner Draws & Contributions
 
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In this video, we demonstrate how to set up equity accounts for a sole proprietorship in Quickbooks. We also show how to record both contributions of capital and draws from equity by owners.
Views: 110855 PaperTrailFinancial
Low Content Book Strategies That Really Work - Start Your Amazon KDP Journal Business Headache Free
 
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Low Content Book Creation - Join the Free Group -☮🤑📈 DISCOUNT IS IN MY GROUP https://www.facebook.com/groups/PPTLowContentBooks/ Low Content.. Tired of courses that only show you HOW to make books but don't show how to SELL them? PRICE HAS INCREASED ON FEB 1, 2019. **************************** If you want to grab my course at the DISCOUNT Price Mentioned In the Video. Here is the link. NOTE: The discount shows up on the CheckOUT page NOT on the Sales Page. ** https://journaltsunami.com/myspecial *************************** I show my students a simple 4 step, foolproof process to help them get up and running with creating a Tsunami of Journals on Amazon KDP. It doesn't end there. In my mastermind Facebook group we then go on to learn the tactics and steps to SELL those books. Research, Keywords, Niche selection, AMS ads.. all go hand in hand to make my course the BEST course on this topic. HANDS DOWN. ======================= 🤑Check out my FREE Facebook group https://www.facebook.com/groups/PPTLowContentBooks/ Once you purchase the course you will then be eligible to move into the Mastermind Group ==================== Grab my AWESOME Print On Demand Production Planner Setting Goals helps to make this business TOO LEGIT To QUIT ☮Direct FREE Download: https://journaltsunami2.convertri.com/contentcalendar Buy Perfect Bound On Amazon: Color - https://amzn.to/2SvJd7T Black & W - https://amzn.to/2CMtA6X -~-~~-~~~-~~-~- Please watch: "AMZ Suggestion Expander - Keyword Research Tools for Low Content Books" Check Out The Videos On My Low Content AMZ Research Tools Playlist https://www.youtube.com/playlist?list=PLgpuX_Ba8B-s-L0pDBpAwl0ZXHHeQoZiP -~-~~-~~~-~~-~-
IFRS 3 Business Combinations - Summary
 
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http://www.ifrsbox.com This is the short summary of IFRS 3 Business Combinations. The objective of IFRS 3 is to improve the relevance, reliability and comparability of the information that a reporting entity provides in its financial statements about a business combination and its effects. IFRS 3: • Recognizes and measures the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Recognizes and measures the goodwill acquired in the business combination, or a gain from a bargain purchase; • Determines what information to disclose about the business combination. An investment must constitute a business before we can apply IFRS 3. IFRS 3 requires application of the acquisition method for each business combination. 4 steps: • Step 1: Identifying the acquirer, • Step 2: Determining the acquisition date, • Step 3: Recognizing and measuring the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree; • Step 4: Recognizing and measuring goodwill or a gain from a bargain purchase. If you’d like to learn how to consolidate, or anything about IFRS in general, please visit http://www.ifrsbox.com and subscribe to our free IFRS mini-course. Thank you!
Views: 120746 Silvia M. (of IFRSbox)
Paying Business Expenses With Personal Funds
 
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Students will be able to record transactions where the owner is paying for business expenses and assets from the owner’s personal “non – business” funds. This counts as owner’s investment and should be recorded in to Quickbooks by using the equity capital register. You can learn QuickBooks Free at www.worldwidequickbooks.com This is the best and clearest Quickbooks instruction online and the best QuickBooks tutorials to teach yourself QuickBooks.
Views: 4978 worldwidequickbooks
Business Purchase Books of Company Sum 8 SH   III
 
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Jagrat Creation Presents This Video lecture on Financial Accounting, Conversion or sale of firm to company wherein journal entries in the books of the company are explained for 1. purchase of business and 2. collection of debtors as the agent of the vendors and 3. payment to creditors as the agent of the vendors by preparing working notes to find purchase price and net amount payable to vendor.Over and above balance sheet of the company as per Sch.III is prepared after taking over the business. This video is useful for students reading Conversion or sale of firm to company in Intermediate CA, IPCC,ICWAI, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 232 Jagrat Creation
Business Purchase Books of Company Sum 9
 
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Jagrat Creation Presents This Video lecture on Conversion or sale of firm to company wherein journal entries in the books of the company are explained for 1. purchase of business and 2. collection of debtors as the agent of the vendors and 3. payment to creditors as the agent of the vendors by preparing working notes to find purchase price and net amount payable to vendor. This video is useful for students reading Conversion or sale of firm to company in Intermediate CA, IPCC,ICWAI, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 210 Jagrat Creation
Business Purchase Books of Company Sum 3 SH   III
 
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Jagrat Creation Presents This Video lecture on Financial Accounting,Conversion or sale of firm to company wherein journal entries in the books of the company are explained for purchase of business and by preparing working notes to find purchase price and goodwill payable to vendor.Over and above balance sheet of the company as per Sch.III is prepared after taking over the business. This video is useful for students reading in the books of company Conversion or sale of firm to company in CA-IPCC,ICWAI Intermediate,CA-Intermediate level, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 764 Jagrat Creation
How to enter transactions in journal in Tally.ERP 9? transactions ki journal entry karna - 2 (Hindi)
 
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This is a basic Hindi tutorial of Tally.ERP 9. In this video, we will show you how to do transactions entry in a journal in Tally.ERP 9. We will give you an easy example and also tell you about some points to remember while doing journal entry like a debit account, credit account, etc. Yeh Tally.ERP 9 ka ek basic Hindi tutorial hai. Is video me, hum apko dikhaenge ki Tally.ERP 9 me journal me transactions entry kaise ki jati hai. Hum apko ek asaan udaharan denge aur sath hi apko journal entry ke samay dhyan rakhne wali baton ke bare me bhi bataenge, jaise ki debit account, credit account ityadi. यह Tally.ERP 9 का एक बेसिक हिंदी ट्यूटोरियल है | इस वीडियो में, हम आपको दिखाएंगे कि Tally.ERP 9 में जर्नल में transactions entry कैसे की जाती है | हम आपको एक आसान उदाहरण देंगे और साथ ही आपको journal entry के समय ध्यान रखने वाली बातों के बारे में भी बताएँगे, जैसे कि डेबिट अकाउंट, क्रेडिट अकाउंट इत्यादि | Link For Downloading Tally.ERP 9 - https://tallysolutions.com/download/ Tally ERP 9 - Basic Level Playlist - https://goo.gl/A6HKEK Tally ERP 9 - Intermediate Level Playlist - https://goo.gl/xSJvYe Tally ERP 9 - Advance Level Playlist - https://goo.gl/kzBDqq Tally ERP 9 For GST - https://goo.gl/feazX6 Subscribe : https://goo.gl/tm11cl All Playlist : https://goo.gl/Y6wlrR Website :http://www.gyanyagya.info/
Views: 503924 Gyanyagya
Business Central: Create a Purchase Order
 
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Learn how to create a Purchase Order in Microsoft Dynamics 365 Business Central with Johannes Gudmundsson in this coffee mug tutorial. demo/trial/purchase: http://www.inecta.com/businesscentral Follow us Website: http://www.inecta.com/ Facebook: https://www.facebook.com/iNECTA/ Twitter: https://twitter.com/inecta_llc?lang=es LinkedIn:https://www.linkedin.com/company/inecta-llc. Contact us for ERP Software Email: [email protected] Contact us for more information and for a free demonstration of Microsoft Dynamics 365. We have several industry-specific solutions that we can show you.
Views: 1527 iNECTA University
Business Purchase Books of Company Sum 2
 
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Jagrat Creation Presents This Video lecture on Financial Accounting,Conversion or sale of firm to company wherein journal entries in the books of the company are explained for 1. purchase of business and 2. collection of debtors as the agent of the vendors and 3. payment to creditors as the agent of the vendors by preparing working notes to find purchase price and net amount payable to vendor.Over and above balance sheet of the company as per Sch.III is prepared after taking over the business. This video is useful for students reading in the books of company Conversion or sale of firm to company in CA-IPCC,ICWAI Intermediate,CA-Intermediate level, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 1470 Jagrat Creation
How to Buy a Car in an LLC
 
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You probably already know the importance of making business purchases in order to lower your overall tax burden. But sometimes, it can be difficult to determine what kinds of purchases can serve as legitimate business expenses. Recently, one of our listeners asked about the idea of purchasing a vehicle as a business expense. In this video, we’re sitting down to discuss the conditions under which it is legitimate to purchase a car as a business expense. We’ll talk about the importance of buying expenses with pre-tax dollars, how to organize your business purchases, and more! Automatic: https://automatic.com/ Download our FREE Freedom Cheat Sheet here ➜ https://morrisinvest.com/freedom-youtube Read Our Best Selling Book “How to Pay Off Your Mortgage in 5 Years” ➜ https://amzn.to/2CcSxIB Ready to buy your first rental property? Book a 30 Minute call with our team ➜ https://morrisinvest.com/youtube Subscribe to this channel for more great tips ➜ http://bit.ly/2IVHcOH Want Funding For Your Real Estate? ➜ https://morrisinvest.com/funding Love podcasts? 🎧 Listen to our Investing in Real Estate Podcast ➜ Apple Podcasts: https://apple.co/2EQbLm2 Website: https://morrisinvest.com/youtube 🎧 Follow me on social media! Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris Need help setting up your Self Directed IRA? We use Sense Financial. Click here: http://morrisinvest.com/ira Want to Get Started With Real Estate Investing? Watch our Getting Started Playlist: http://bit.ly/2IXYU48
Views: 117872 Morris Invest
UniversityNow: FIFO
 
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UniversityNow: FIFO
Views: 144 unowacademics
Accounting For Beginners #12 / 1 Journal Entry With 2 Assets / Basics
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! I go over a Journal Entry, With 2 Assets and 1 Journal Entry, in this Basic Accounting Tutorial 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 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA
Views: 62553 CPA Strength
How to Make a Digital Planner | Digital Bullet Journal Tutorial
 
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Hey friends! Thank you for watching! This video is a start to finish tutorial on how to make a digital planner/digital bullet journal! If you want to purchase a basic digital bullet journal for download (it’s only been tested on iOS in GoodNotes) it is available here for $10 (PayPal only at this time) http://carriecrista.com/downloads/ #digitalplanner #digitalbulletjournal Here is the Apple Pencil Grip I'm using: https://amzn.to/2ud4eui Here are some time stamps to make following along a little easier: 1:05 Items You'll Need 2:10 How to Create the Planner's Background 5:54 How to Add Paper Specifics (Adding Dot Grid) (Goodnotes has a dot grid template for free download. I created a Goodnotes page with it, then exported the page as an image.) 10:20 How to Add Tabs 17:38 How to Add Links to Tabs 20:28 How to Label Tabs 23:15 Creating Planner Pages 27:05 How to Export Your Planner 27:40 How to Add Your Planner to GoodNotes 28:00 Tips for Use in GoodNotes 30:08 How to Add Pages Once Your Planner is Imported If you have any questions or want a video on any of these specific parts, please let me know! Thank you for watching! Make sure to like, subscribe, and hit the bell to get notified when I put up new videos! Digital Planner Downloads| http://carriecrista.com/downloads/ website| www.carriecrista.com instagram| @carriecristancho |Favorite Products| Use the code CARRIE10OFF for 10% off your order with Clever Fox! *Clever Fox Dotted Notebook: https://bit.ly/2DLlgDN *For other awesome Clever Fox Planner Products| http://cleverfoxplanner.com?aff=14 *Pilot Frixion Point Erasable Pen- Extra Fine| https://amzn.to/2B9l8NS *Folding Ruler| https://amzn.to/2WuR48o Other Bullet Journal Videos| http://tinyurl.com/grj8x8l Beginner's Guide To Bullet Journaling| http://tinyurl.com/gmgwzk7 For business and collaboration inquiries: [email protected] ______ FTC: This video is not sponsored. Any affiliate links will be noted with a *. I only recommend products I use and love!
Views: 297261 Carrie Crista
The Purchase Order Process in SAP Business One
 
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As part of our training series, Michell Consulting Group hosted a webinar on The Purchase Order Process in SAP Business One. During this training video, we had an overview of this process and the features this includes; such as: • Purchase quoting • Merchandise Receiving • Accounting Process For more information or help, please feel free to contact us at any time. Michell Consulting Group 8240 NW 52nd Terrace, Suite 410 Doral, Florida 33166-7766 1-800-442-5011 or (305) 592-5433 Michell Consulting Group specializes in ERP software and managed IT services, providing each client with unparalleled service and support. Michell Consulting is a SAP Gold Partner.
5.2 Types of Special Journals
 
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VCE Accounting Unit 3. Slides of this presentation can be found at my SlideShare page http://www.slideshare.net/mjall3
Views: 1089 Michael Allison
Business Purchase Books of Company Sum 4 SH   III
 
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Jagrat Creation Presents This Video lecture on Financial Accounting,Conversion or sale of firm to company wherein journal entries in the books of the company are explained for purchase of business and by preparing working notes to find purchase price and cash payable to vendor.Over and above balance sheet of the company as per Sch.III is prepared after taking over the business. This video is useful for students reading in the books of company, Conversion or sale of firm to company in CA-IPCC,ICWAI Intermediate,CA-Intermediate level, FYBCom, Financial Accounting. Keep in touch For Next Accountancy Videos at Jagrat Creation for Conversion or sale of firm to company.
Views: 307 Jagrat Creation
Creating Purchase Credit Memo - Getting started with Microsoft Dynamics 365 Business Central
 
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Introduction to the main processes of invoices and payments in Microsoft Dynamics 365 Business Central. Watch more at: https://abakion.com/abakion-365/processes/#invoices-payments
Views: 305 Abakion A/S
Accounts Payable vs. Accrued Expenses - Interview Question
 
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Accounts Payable vs. Accrued Expenses on the 3 Financial Statements: Why Does It Matter? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" It's a common interview question! You may be asked about the differences between them, how changes are reflected on the 3 financial statements, and so on. And most Google search results on this topic are AWFUL and do not answer the actual question at all, or do so in a confusing way that misses the point (trust me, I looked). THE SHORT ANSWER: Accounts Payable (AP) and Accrued Expenses (AE) work in a VERY similar way... IF they both correspond to Operating Expense line items, or other items that appear directly on the Income Statement. However, AP is more likely to correspond to events such as the purchase of Inventory, which would NOT show up on the Income Statement initially, and so you're more likely to see different treatment with Accounts Payable (no Income Statement impact - just an Asset on the Balance Sheet increasing and AP on the Liabilities & Equity side increasing to balance the change). Both these items represent cases where we've INCURRED an expense but not actually paid for it in cash yet. Example 1: We get an invoice for a legal bill from a law firm we hired. They already performed the service, so we incurred the expense, but we haven't paid them in cash yet. Example 2: We pay rent at the beginning of each month. In between, that expense accrues because we use the building or office every day of the month... so it's not accurate just to view it as an expense on one day of the month, but rather an expense that gets accrued every single day and then paid in cash at the beginning of the month. Example 1 corresponds to Accounts Payable, because we typically use AP for items with specific invoices. Example 2 corresponds to Accrued Expenses, which we typically use for recurring, monthly/quarterly/weekly items WITHOUT specific invoices, such as rent, utilities, employees' wages, and so on. What Happens on the 3 Statements When AP or AE Change? IF they both correspond to COGS or Operating Expenses IN THE CURRENT PERIOD and therefore refer to actual expenses listed on the Income Statement: Let's use the example of AP or AE of $100 on the 3 statements: 1) Income Statement - Expenses (most likely OpEx) will increase by $100, reducing Pre-Tax Income by $100 and Net Income by $60 assuming a 40% tax rate. 2) Cash Flow Statement - Net Income is down by $60, but this expense we just recognized was non-cash, so we record the increase in AP or AE as a cash increase of $100. Our cash flow and ending cash at the bottom are up by $40. 3) Balance Sheet - Cash is up by $40 on the Assets side; on the L&E side, AP or AE is up by $100, but Retained Earnings is down by $60 due to the reduced Net Income, so both sides are up by $40. INTUITION: You've saved on taxes because you recorded an expense, took the tax deduction, and reduced your tax bill... but you haven't paid that expense in cash yet! It's all about the tax savings in this first step. Now, Step 2: What Happens When You Pay the AP or AE in Cash, For Real 1) No changes on the Income Statement - already recognized this as an expense! 2) Cash Flow Statement: Net Income is still down by $60... and now we REMOVE that adjusting entry for AP or AE, so cash no longer goes up by $100 from that. As a result, cash at the bottom is just down by $60. 3) Balance Sheet: Cash is now down by $60 rather than being up by $40, because we just paid that expense in cash. On the other side, AP or AE is now back to its old level and is no longer up by $100. Retained Earnings is still down by $60, so both sides are down by $60 and balance. BUT HERE'S THE IMPORTANT DIFFERENCE BETWEEN THEM: AE almost always correspond to Operating Expenses or other Income Statement expense items... but Accounts Payable often do not. EXAMPLE: Company buys $100 of Inventory on credit - supplier sends over the Inventory, "in good faith," and sends the company an invoice, which goes to its Accounts Payable account. In this case, there are NO CHANGES on the Income Statement because nothing happens there until this Inventory is turned into products and sold to customers! Instead, Inventory on the BS simply goes up by $100, and AP on the other side goes up by $100 to balance it. That scenario happens a lot with AP, but very-rarely-to-never with AE. Further Resources http://breakingintowallstreet.com/biws/3-statement-excel-model-interview-questions/
Books of original entry and books of prime entry-Easy
 
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The video is made to help students understand the books of original entry and books of prime entry topic easily. Subscribe share like comment
Gross Profit Method (Used To Determine Inventory Lost In A Fire, % Cost Vs % Sales)
 
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Accounting using the gross profit method (gross margin method) to determine the cost of goods sold to estimate inventory that was destroyed, first show how to calculate the inventory loss based on (cost + gross profit = sales) then show how this calculation would be made based on using gross profit based on percentage of sales, takes beginning inventory plus purchases at cost and sales at selling price and subtract the gross profit to determine sales at cost, gross profit method relies on (3) assumptions, (1) Beginning inventory + purchases = total goods to be accounted for, (2) goods not sold must be on hand and (3) sales reduced to cost, deducted from the sum of opening inventory plus purchases equal ending, gross profit percentage is based on policies or prior period records, inventory, using the gross profit method can use to approaches to calculate ending (on hand) inventory, either as (1) as a percent of sales and (2) percent of markup of cost which requires converting the markup at cost percentage to the percent of sales, the gross profit percentage can be calculated either by (1) percentage mark up on cost or by (2) percentage markup of the selling price, based on the general equation (cost + gross profit = selling price), to determine either the gross profit on selling price or percentage markup on cost substitute either the markup at cost or percent of selling price as the gross profit in the general equation, based on the substitution (1) gross profit on selling price equals (percentage markup on cost divided by 100% + percentage markup on cost) and (2) percentage markup on cost equals (gross profit percentage divided by 100% - gross profit percentage selling price), if one of the percentages is know the other can be calculated based on the equation for each, (1) given the markup on cost the gross profit percent of sales can be calcuated and (2) given the gross profit percentage on selling price the percent markup on cost is calculated, detailed calculations by Allen Mursau
Views: 22152 Allen Mursau
How purchase orders improve small business -- with Xero accounting software
 
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Small business is all about cashflow. The focus is often getting the money in -- but controlling your costs can be just as important. That's where purchase orders will make all the difference -- it's the document that puts the customer and supplier on the same page so they can both agree on the details of a purchase when transacting goods or services. This is essential to larger business to manage complex purchasing, but also invaluable to small businesses, so they can have visibility of outgoings, control over spending and an efficient way to track orders. This video shows you how purchase orders can put you in better control of your cash flow. Try Xero accounting software for free: https://www.xero.com/signup/
Accounting for Beginners #41 / Perpetual Inventory Vs. Periodic Inventory/ Asset / Journal Entry
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! Accounting for Beginners #41 / Perpetual Inventory Vs. Periodic Inventory/ Asset / Journal Entry. We are switching gears and going to be discussing everything Inventory in the next few videos. In this video, i discuss the differences between Perpetual Inventory and Periodic Inventory. 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 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics. #Accounting #Exercise #CPA
Views: 20915 CPA Strength
ProfessorBDoug's Bond Discount Journal Entry
 
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We walk through a journal entry for a bond discount problem.
Views: 6621 ProfessorBDoug
Depreciation explained
 
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What is depreciation? How to calculate depreciation? Depreciation, amortization and CapEx tutorial. Overview of depreciation accounting (concept and application), and related topics such as accumulated depreciation, book value, residual value, historical cost, fixed assets, amortization, useful life, capital expenditures (CapEx) and capitalization. Intended for students and business people at both entry and advanced levels. Depreciation is the accounting process of allocating the cost of tangible assets to current expense in a systematic and rational manner in those periods expected to benefit from the use of the asset That last part of the sentence “in those periods expected to benefit from the use of the asset” is called the matching principle: expenses should be recorded during the period in which they are incurred. Depreciation is often referred to as a non-cash expense. The cash was spent when we bought the asset, depreciation allocates the value of the asset over the years in which we use it. As you can see from the journal entries in the video, depreciation is not about putting money aside for buying a new asset once the current one is at the end of its lifetime. Depreciation takes the amount you spent to buy the asset, and allocates a proportionate amount to each of the periods of its useful life. Hopefully the company that we are looking at generates very profitable products or services with the building, machine and truck that they are using, and the cash generated with selling these products and services can be used in the future to buy replacements for the assets that are at the end of their lifetime. What can you include in the value of the asset on the balance sheet when you buy it? This depends on the accounting rules that your company applies, which in turn depends on the country where you are located and whether you are accounting for tax or statutory purposes, or for reporting to the stock market. Generally, what you pay for the asset to the supplier, as well as transportation and installation cost can be capitalized. Capitalization means recording things as fixed assets on your balance sheet. It’s important to have consistency of method in the way you depreciate assets. A company could change from linear depreciation of its trucks to a depreciation based on units of production (which in the case of trucks would be mileage), if that presents a more fair and accurate representation of the value of the assets. However, you can’t be flipping back and forth between methods randomly every year, as that would adversely impact the year-over-year comparisons, and it would not come across as very systematic and rational per our definition earlier on. What is the difference between depreciation and amortization? The concept is the same, but depreciation and amortization are applied to different types of assets. You depreciate a tangible asset, and amortize an intangible asset. The threshold levels (minimum total spend) and capitalization criteria for intangible assets tend to be a lot more stringent than those for tangible assets. Related video: CapEx versus OpEx https://www.youtube.com/watch?v=na4jbAh_vkQ Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classroom sessions, webinars, and business simulations. Connect with me through Linked In!
Rules of Debit and Credit - Part 1 of 4 by Vijay Adarsh | Class 11 | Stay Learning | (HINDI)
 
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Rules of Dr. and Cr. by Vijay Adarsh Classification of Accounts: 1) Modern Approach 2) Traditional Approach 1) Modern Approach: a) Assets b) Liabilities c) Capital d) Revenue e) Expenses 2) Traditional Approach: a) Personal Accounts b) Real Accounts c) Nominal Accounts To View Full Video Lectures Visit - https://bit.ly/2PEEnUC ★ ACCOUNTS VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ COST ACCOUNTING VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ FINANCIAL MANAGEMENT VIDEOS ★ https://www.youtube.com/channel/UCAXbiqmSkp9Sse4guGRMqDw?view_as=subscriber ★ ECONOMICS VIDEOS ★ https://www.youtube.com/channel/UCK5RB8xNW_iOXz-rcGJZyTw?view_as=subscriber ★ INCOME TAX VIDEOS ★ https://www.youtube.com/channel/UCRRFVa1axTUdwZzc4Ta42XQ?view_as=subscriber ★ MATHS VIDEOS ★ https://www.youtube.com/channel/UCaIY3jMl7QDUWN6P6kSUYWw?view_as=subscriber STUDY TIPS ऐसे पढोगे तो हमेशा TOPPER बनोगे | Study Tips https://bit.ly/2QUXaew ENGLISH – Fatafat (Easy Way to Learn English) अंग्रेजी सीखें - फटाफट https://bit.ly/2PoAF4H ★ ExpertMotivation Channel https://bit.ly/2EsPBKC ★ For Any Information Video classes & Face To Face Batches Call +91 9268373738 E-mail: [email protected] (We Prefer emails rather than calls) Call timings Monday to Friday - Morning 10 to Evening 7 FACEBOOK: https://www.facebook.com/VijayAdarshIndia WEBSITE: http://www.vijayadarsh.com
Views: 752501 StayLearning
'Deadpool' Actor Ryan Reynolds Discusses His Side Hustle as an Entrepreneur
 
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In the debut interview of the WSJ's Business of Celebrity series, actor Ryan Reynolds talks to WSJ News Editor Lee Hawkins about how he built his acting career and his recent purchase of stake in a liquor company, Aviation Gin. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 30436 Wall Street Journal
Accounting for Beginners #3 / Journal Entries / Beginner Tips / Basics / Accounting Tutorial
 
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https://www.youtube.com/playlist?list=PLT-zZCow6v8t5_2RQDnAOQHfQiBYDw26z BEST ACCOUNTING PLAYLIST ON YOUTUBE !!!!!!!! Accounting through Journal Entries. I go through a basic Journal Entry in this video. 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 https://www.youtube.com/watch?v=_pTU4gwmcMs Debits and Credits / Assets = Liabilities + Equity Accounting For Beginners #2 https://www.youtube.com/watch?v=0--jJn6zqfg Basics / Accounting Equation Accounting For Beginners #3 https://www.youtube.com/watch?v=YXFEEr3qHIo Journal Entries / Beginner Tips Accounting For Beginners #4 https://www.youtube.com/watch?v=Yy1DtVND7yo Income Statement / Revenue - Expenses Accounting For Beginners #5 https://www.youtube.com/watch?v=fEtBFB_Nq-o The Balance Sheet / Basic Tutorial Accounting For Beginners #6 https://www.youtube.com/watch?v=XyB3mmzQ_jU Putting an Asset on the Balance Sheet Accounting For Beginners #7 https://www.youtube.com/watch?v=H4udCOiU8i8 Depreciating an Asset / Basics Accounting For Beginners #8 https://www.youtube.com/watch?v=xjXgpnUEgFI Depreciation Expense / Basics Accounting For Beginners #9 https://www.youtube.com/watch?v=QFV6PGIMT5M Accounts Receivable / Basics Accounting For Beginners #10 https://www.youtube.com/watch?v=xQ0u_QocSO4 Accounts Payable / Basics Accounting For Beginners #11 https://www.youtube.com/watch?v=tFA9HD3-7SI Fifo and Lifo Inventory / Basics Accounting For Beginners #12 https://www.youtube.com/watch?v=Z-g1Tnf3oi4 1 Journal Entry With 2 Assets / Basics Accounting For Beginners #13 https://www.youtube.com/watch?v=ds2Y0MxzMBA Accounting Study Guide / Template Accounting For Beginners #14 https://www.youtube.com/watch?v=BU9emeoLKX0 Journal Entry with Cash / Expense Accounting For Beginners #15 https://www.youtube.com/watch?v=kwCtASXQRLU Journal Entry With Cash / Revenue Accounting For Beginners #16 https://www.youtube.com/watch?v=1YrcjlHFBZ0 Debits & Credits / Negative Asset Accounting For Beginners #17 https://www.youtube.com/watch?v=amf1hyptG70&t=25s T-Accounts / Debits and Credits / Accounting 101 Accounting For Beginners #18 https://www.youtube.com/watch?v=18zPzkMbS2c What is a Draw? / Withdraw / Distribution / Dividend / Equity Accounting for Beginners #19 https://www.youtube.com/watch?v=r43j010KT58 Don't Abbreviate / Accounting 101 / Basics Accounting For Beginners #20 https://www.youtube.com/watch?v=yXJVISZA8yU Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses Accounting For Beginners #21 https://www.youtube.com/watch?v=CK9NgJoqJa4 T Account Example / Accounting Tutorial Accounting For Beginners #22 https://www.youtube.com/watch?v=EC93RsvgK9E&t=25s Trial Balance Unadjusted / Accounting Basics Accounting For Beginners #23 https://www.youtube.com/watch?v=-9-LAnE61lw&t=25s Cash in a Bank Account / Checking Account / Basic Accounting Accounting For Beginners #24 https://www.youtube.com/watch?v=aUjVslkn4HI&t=25s Does The Transaction Increase Assets / Accounting Basics Accounting for Beginners #25 https://www.youtube.com/watch?v=zKreBUTJx5E&t=25s Accounts Receivable Example / Accounting 101 / Accounting Basics Accounting For Beginners #26 https://www.youtube.com/watch?v=66YddsOGau0&t=312s Reducing Accounts Receivable / We got Paid / Accounting basics #Accounting #Exercise #CPA #Accounting #Exercise #CPA
Views: 558237 CPA Strength
Microsoft Dynamics 365 Business Central Purchase Order Process
 
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Purchase Order Processing Microsoft Dynamics 365 Business Central offers everything buyers and purchasing agents need to maintain proper inventory levels at their organization. Whether you want to process a purchase order manually or automatically generate PO’s using the planning features in Microsoft Dynamics 365 Business Central, work becomes easier for purchasing managers and processors by utilizing the rich features in Microsoft’s flagship ERP product. As with other areas of the D365BC system, Fact Boxes are presented in each role center (screen), allowing you to see additional information to make smarter decisions, and drill into the details if needed via hyperlinked data. Create requisition worksheets, warehouse receipt documents, put-away or picking documents, and see in detail common actions purchasing agents and buyers will perform daily in Microsoft Dynamics 365 Business Central.
Views: 189 ArcherPoint Inc
Creating Purchase Invoice Manually - Getting started with Microsoft Dynamics 365 Business Central
 
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Introduction to the main processes of invoices and payments in Microsoft Dynamics 365 Business Central. Watch more at: https://abakion.com/abakion-365/processes/#invoices-payments
Views: 168 Abakion A/S