Accounting 101 Part 03 Assets Liabilities Equity

[jongmagee]

THANK YOU!!!

[UberCarla]

It's 5AM.

And just for shits and giggles I decided to watch this.

I'm actually... learning!

[flany1960]

Thank you for this video and I wish you health and wellness, as well as you can get discounts for organic products International DXN number : 1420-31106 or join my group

[makeiteasyable]

ty

[crafts]

Great video!

[adelle0001]

salamat sa video! useful kaayo sa ako.

[SuperJosipJelic]

Im so dumb i dont get it :(

[Santamariacastro]

Sorry, this might be a silly question but it prevents me from grasping the concept well. Why does rent of 600$ decrease his equity by 600$ ? Same thing for the 1k celebration money, I get how it decreases cash, but what does it have to do with equity :( Thanks for the great videos !

[sjgudapa]

@Santamariacastro I have the same question

[sjgudapa]

@Santamariacastro 

[hibbityhiphop]

@Santamariacastro your equity include your revenues and expenses so when you pay rent the account affected in you journal entry is cash and rent expense. this video doesn't go into very much detail . but that is why you equity decreases

[jcp5383]

what is equity?

[nphung118]

the guy sound soooo sexy! especially when he say cash. 

[LYohz]

I got to buy this! I'm majoring in Accounting and all my related arts this year, revolves around Accounting. I'm suprised I haven't developed Carpal Tunnel yet. Thanks a ton :)

[bluebell264]

thank you so much for this I was having difficulty with accounting and this was extremely helpful you explain everything so well

[EASF87]

Thanks for the videos enlight09.

They're really helpful, and clear enough, even better than my actual professor!

I hate this class as well, idk why, but it seems difficult and confusing.. :S and the funny thing is that ITS NOT MY MAJOR!!

[vovautube]

Damn! I hate accounting! I don't understand that stupid journalizing and where should I put entry on T account. God, I'm majoring in Computer Information Systems, not in BUSINESS!

[enlight09]

Just keep watching a few more videos; your questions will get answered. CIS is the same kind of human logic as accounting or chess. Once the logic clicks, it all becomes simple. Besides, the "Information" in your CIS major is drawn largely from the accounting measurements -- nice to know how the data you work with in CIS were constructed. Hang in there, my friend.

[trifio5242]

@vovautube i love the way he says "equry")))

[imagineartatlive]

Love this guy and he has a nice voice too!

[dinah18ful]

ohh! ur amazing..thank you so much for making this videos.....im refreshed with my accounting....thanks..

[XxClemsonTigersXx]

im taking accounting 101 and i fucking hate it! Im majoring in Ag Mechanization and Business,so why the fuck do i need accounting? the dumb teacher puts shit up on the board and then erases it hella quick she expects us to know all this pointless shit and doesn't even explain it!-but hopefully these videos can fill in where she left off

[banzie74]

Thanks for the amazing video-tutorial series. I do plan to buy atleast one of the paid courses, as it seems quite applicable, and your way of explaining is amazing. There are so many teachers/professors who ask students to "rote learn" many parts of accounting, and treat those as Axioms, but you have explained the logic behind many of such Axioms, which is really amazing.

Wondering if you could clarify, where are the Part 01 and 02, of the 17 part series ?

[viveetranle]

Look on the channel? My best bet. :P

[Daren2007]

I am currently taking account in college, where is part 1 and 2???

[thabooger]

what does the MF stand for?

[junior1984able]

barak obama, your the best, thanks......

[KantoDude44]

sounds like tom hanks

[AWSProspero]

Thank you Mike, your videos are a great asset!

[crazychicken675]

Thanks! this series is great

[sjorsk]

thank you so much , massive value , you help me alot with this series!

[sonyoungi]

THank You !!

[goldy1011]

where is the part 1 and 2 kindly post them please......

[enlight09]

Parts 1 & 2 were strictly intro: "Contents" for other 16 videos and then, "Why Study Accounting"

The two parts received lots of views but only limited enthusiasm; that led me to conclude viewers were being discouraged from watching the "more substantive" materials. Hence, the parts are no longer posted.

At a minimum, the two Parts need serious rework that will not be completed for months.

Appreciate the interest. And regret the confusion caused by not renumbering the remaining videos!

[cymcapt]

does it have sound my speakers are up and everything

[LuciaDeOliveira5]

where is part 1 and 2, please?

[eskusumo]

I'm looking forward to get the respond to part 1 & 2-please! BTW it's great guide...Tx

[badkayaker]

Great info, I am a cpa helping my son. Please note that on your website questions for part 3, #s 4 & 5 are graded incorrect but the correct answer is in the solutions. They drove me crazy until I discovered the inconsistency. Thanks

[CrazyVidsKid]

mmmm Sunday. . .

[sayyes400]

Thanks, You are simply good.

[jentino]

THANKS

[RubinGnoni]

Very good, but the audio is very bad. Can't stand it.

[cool70200]

Very nice information, thx.

[Pressey1]

very helpful

[mrearly]

My Lexington auto repair shop might have a chance now!

[kellyjraymond]

This is just really, really helpful! Thank you so much for uploading this!

[Elgeorge111]

Wooow!! great video-- 10 thumps up...!! Thank's for up-loading this.

[bcroaker74]

Whomever made this, thank you so much. I go to UNO in Louisiana, and my teacher isn't communicating the material well. They know what they're doing, but cannot teach too good. This has helped me so much and I am looking forward to looking at the other videos as the course goes on. A++++++++++ :)