lecture 1: balance sheets part 1

[jegdeeshcse]

tons of thanks sir :)

[forfunabi]

Sir, many many thanks far making me understand the basics .. ever happen to come to India land in delhi n need help/guidance write to me :) cheeers!

[meheboob100]

very clear and distinct concept

[shilpatai]

Excellent teaching



[Moncheribabe]

Just a question does this come after stating wether you credit or debit something ?

[MypescpeTV]

(Yawn) Was hoping more of an in-depth on balance sheets. Good effort, though.

[hendrixslashmay]

not balance sheets at all...

[fibubu1]

I really appreciate your video, its priceless for me, I couldn't figure out all these debits and credits before, you ve got extraordinary talent to teach, Im pretty sure you are nice and friendly person after school too. THANK YOU ( REal example to imitate )

[MrUnknown47]

Thank you sir, I wish you were my teacher! Thank you!

[naojsarap28]

sir do you have a video of income statement?

[MsSuccess4life]

Thank you so much!!! I have had a couple of accounting classes in college and I just now understand what a balance sheet is that you sooo much! You're a great teacher!

[tahseenthedream]

Hey!! i see you have on a FAMU polo. it's so funny that this is the first accounting video I selected and im being tutored by a professor who teaches at my University. I think i've seen you on campus. GO RATTLERS!

[joeltonongkh]

Im totally confuse with credit and debit side before i view your video...thanks for your Marco Polo's story, that they termed debit and credit...just for a name...thanks sir ! :)

Joel from Malaysia

[TheCoconutbell]

Your an amazing teacher ! :) can you Pleaaaaaaaaaaassee do a video on LIMITED COMPANIES and their accounts and PARTNER SHIP ! Pleaase it would mean alott !

[420HoLLyWooD420]

love your enthusiasm! :)

[billy786tiger]

u r just awsom how can b ur so good.live long life n may GOD give u my life aswell.i was crying from last 3 months coz i faild in my acca xamz now got smile after looking at ur videos sir.how can i get ur rest of videos?

[Jamil1358]

Sir, you are awesome!!! God bless you ...Actually the best professor I have ever had. 

[dem6n66]

iv just watched all 6 of your films and i take my hand off to you my friend, thank you, iv started studying bookingkeep level2, half way thorugh the course and was haveing trouble understanding same things, i went on youtube by a off chance to do same research on it and found these films, a big help! best teacher ever

[KurtRamba]

University / College teachers take 3 months to unsuccessfully teach what this gentleman successfully taught in 7 minutes....very good video

[jaine903]

well done..........

[robertanium]

Well done, thank you so much. This made way more sense than how my macroeconomics professor has been teaching me this summer.

Continue your wonderful lectures.

[kk9887]

nice lecture



[Explore2Adore]

Thank you for this great video, it has helped confirmed what I was taught the other day. I liked your introduction using Marco Polo too.

[MrGerhardNel]

Thanks Mate, good video :)

[jackjacki1]

its good bt nt so good cz its toooo basic almost evry one knws such basic things

[redronolivar]

You sir, are AWESOME!

[khurramivever]

good work i have seen all 6

[vanessarebaula25]

thank you so much

[qwerty10may]

thnx nice video sir it really helped

[hashmats]

Well, the lectures that he delivered is just odd and easy to understand as compared to those tough textbooks of university. Keep your videos in progress.

[Konfronto]

Thank you sir, I am hundred percent sure, that your brilliant explanation will definitely help people out there who are just about to embark in the world of finance.

[Tosnel]

With you accounting is easy, please post more of your lecture on line. i can really understand this very well . Tosnel................

[gypsy101gypsy]

I am (almost) 63; had a lot of "business" & "street wise" experience: however, I was always troubled about "Assets & Liabilities", "Net Worth", "Balance Sheet" and most importantly how they all interrelate. Thank you for explaining it so well; you have simplified things to a level where I FINALY Understand.

THANK YOU!

[dilshoddj]

thank's a

lot!

[pazadenooo]

i love you sir you are the reason im gonna pass this subject , and i guess many are in my shoes <3

[eeshot]

tnx.. now i get  it

[kevinearles1]

Lol @ "watch this last trick...it's a good one"

That's classic man! Thanks for the videos!

[deeagnol]

When you "net" the debit side (8,000) and credit side (2,000) you get 6,000 but why do you add the 2,000 again, i know it makes it balance but it doesnt make sense :S

[okasha1983]

@deeagnol A = L + OW , 8000 = 2000+X , X = 8000 -2000 = 6000 OWNER EQUITY

NOW the two sides must be balance so 8000 (left side ) = 2000 liabilities + 6000 owner q

watch it again , he added the 2000 only one time

[okasha1983]

@okasha1983 if u need anything just feel free to ask me , if i can help u i will

[619souvik]

Please, do a PL Account video !

[kevinearles1]

I learned more in seven videos with this guy then I did from my textbook! Thanks for putting this video up for us newbies.

[jafalib]

i love to see this man face, thanks alot ,

becouse of you i got 87% of 100 wish im so greatful,

i played your videos more the 1000 times, and it help me,

GOD BE WITH YOU

[lokkhimeye]

Sir,,,, just wanna say...May Allah gives u long long a happy life for your such kind of dedication and nice teaching:)

[xxxxxxxxSARAxxxxxxxx]

@lokkhimeye Ameen

[VietnaMe3]

I dont understand why he added the net worth of 6000 to the liabilities when he took the liabilities and subtracted it from the asset. why would you add the net worth to the liabilities o.0?

[thisisouraccount]

WELL U R A GOOD TEACHER,,THANKS

[xoxMAZZxox1]

Your the best! Thanks so much helped me out big time. You should do a profit and loss account to . Thank u again

[BrownBread4]

you are very good :))

[finaleemicou]

thank you so much; more plz

[faisalpk77]

for Home Tuition of ACCA , FIA & CAT

please email

faisalpk77@yahoo.com

[rahulrar]

Sir, Your teaching is awesome...best teaching I have come across until now....Your videos have helped me get the concepts...

Please post more videos on financial statements preparation...

God Bless You!!!

[laurettabaldwin]

Thanks so much!!

[shahidr100]

Wow...watched all the 6 videos and all of them were equally good and informative.

I am a B.Sc and use to hate accounts...but after watching your videos i hv started liking it...I am very much thankful to you for these wonderful videos....and would request you to upload more videos of these kind..thanks

[91canada91]

very helpful!

Also reminds me of Dana Carvey

[rahulrar]

Thank You sir!!! concepts are clear to me now. Your teaching style is great. God Bless You.

[BobbyHaet]

If this guy is a teaches formal classes I hope they pay him well

[robinpeterfelix]

thanks Sir for giving me the opportunity to listen you on net,

[suguitu]

Thanks soo much for your help! You're great! Cheers from University of Malta!:)

[Msgreenfingers1]

You are a great teacher. Now I understand it clearly. Thank you so much.

[cecarelo]

As usual italians have shaped the world to their own size and shape.

[124imurpapi]

good very good

[MultiRevolutionx]

awesome lecture dont you think ;)

[4557593]

nice gaye, nd nice lecture

[124imurpapi]

@4557593 yes nice lecture

[awayfromthelove]

i am veryy dumb at accting cus i messed bout in my lessons and was scared to ask question to my teacher and i found out that i have a home tutor at home dat was u sir!

thankyouu for your help hope i will pass my exams :'( thanks for ur help may god bless u cus u r giving us accountin lessons for free :)

[ChrisAreeba]

Long Live Sir, May God Bless You.

[TitaniumByFire]

Thank you so much bigbeancounter. This made it simple.

[x33shansikandar]

nice teacher ?

i like this

[x33shansikandar]

nice teacher ?

[anzwertree]

Because of this guy's contribution with this series, I got an A on my first accounting essay. Please make more videos

[erik160890]

funny.cute and useful video.

[jtusder]

oh yaas. dis is vary good yah. shimple but very effective. MARCO POLO!

[wen609]

more please :) never thought anyone could teach ACCOUNTING this entertaining and educational, i bet i could sit thru a 3 hour lecture by this guy and not nod off or use facebook on my phone

[JAtria]

Wow, He knows how to teach! =]

[christine2726]

You are great!!! Actually learned so much, right in time for my midterm :)

[FaroukdabashPresents]

So Net-worth means you subtract the liabilities total from the assets total?

[SnakeEyes1337]

this is a treasure chest of great educational information. thank you, thank you.

keep making more.

[ningunners]

Thank  you !!!

[islandbombshell]

I swear watching these videos are better than reading my books. My own instructor is not even this good. The instructor just gives the answer and the book just gives answers and they are wrong! So I ended up spending hours on problems I had right to begin with. Accounting is my minor and I have worked in CPA firms and done bookkeeping years ago the class was throwing me off this is great.

[Peegi47]

thank you! have exam tomorrow and that helps me a lot.

[ADubbFromDaH]

thanks 

[Oplot1234]

Great! Helped me very much! Thank u!

[Christina98188]

thank u !!!! :)

[ProphetessofGod]

Awesome tutorial. Thank u so much. I too will complete my financial business accounting through youtube. I received better understanding in 8 minutes what I have been trying to grasp in two weeks. Once again, thank u.

[knockpiya]

Very good video, worth watching. His teaching style is so amazing. I can say from my experience that he is a good teacher, who has command over his subject. Thanks a lot for sharing this. God bless you, This is what I can give you.

[maddecent08]

i swear to God you are better than my proffessor plss upload more!!!

[bobichina]

You are THE BEST!!!! Your lecture makes me like accounting!!! Could you please have more ?????? REALLY LOVE YOR LECTURE! 

[warrock420]

This guy really helped me understand accounting better, wish my accounting teacher could explain like this! Thank you.

[linkuohung]

Good illustration! I love it.

[Angelem0610]

explaination is better than my lecturer!

[chchchinita20]

Thank you so much for this series, Professor Reeder!!

[TheQaimraza]

i want more videos.....

suprb method sir

[pastel989]

Brilliant work!

[BIGSID320]

Thank you my friend. You are helping me go through college.

[Clipper52a]

Hi Bigbeancounter,

I am a certified general accountant in Canada. You are great, keep it up, hope you post more videos.

[RickySasan]

VERY HELPFULL...............

[sarocampisi]

thank you man!

[Marrk2008]

champion!

[Boondoggle129]

Incredible. It's amazing how many people can't teach this... even teachers in Universities. Great work and it's a blessing you put this on youtube.

[brucelee2000]

wiked

[MrFalcon1101]

thanks my instructor, i can call you my instructor because i got it in very easy way and thanks for youtube for offering this great thing.

[hnnuny]

thanx that was good

[princessmaryo]

so helpful!! thankyou!!!!! STILL dont understand why assets are "debits" and liabilities + Oe are "Credits" will try find a video on that now!

[corkeyguitarplayer1]

GOD BLESS YOU

THAT IS SO EASY

CORKEY

[JimmyFox01]

my accounting teacher can't teach too, but this guy can!! :)

[MsReasey]

Thanks alot. God Bless you.

[andoi9292]

please continue and don't stop! my accounting teacher cant teach us properly and everyone in class has a tutor. i dont because my mom would think its useless. but with you're a big amount of help to me. my exam is next week.

out of curiosity.....when do you people start studying for an exam? setting up a poll. please help?

[MoBoBoo]

@andoi9292 thisisnotakmal

[sim0332]

you are a great techer no doubT. . . . thank u so much

[insignia08]

You are awesome! They should kick my accounting teacher out and just play your videos instead. Thanks!

[Rangeol]

Thank you so much for your lecture series! These were better than what my university explained!!! I share this with my entire class!

[Sarj22]

i definately learned something, thanks a lot! it makes more sense now..

[mrmichael20]

YOU ARE THE BEST TEACHER OF ACCOUNTING

[Barcepepa]

Great video. I am only searching for your videos now. Thanks for posting great video lessons!!

[Wazapmedia]

GOD BLESS YOU SIR!KEEP IT UP!

[silanath]

Good, very good...from Venice,.haha. Thanks.

[papito02895]

Very good explanation

[va4567891]

You are real GURU of world. Please continue these marvellous work on video and teaching. God bless you forever and fulfil all the time.This video of accounting

I listing formy son who had not completed.

[alitou001]

a realistic teaching method, Thank you.

[mikgazda]

Thanks. This was a clear and concise presentation. I just want to ask, was there a main point behind adding the net worth to the liabilities???

[Derek0783]

umm...he clearly explained the main point of adding the net worth to the liabilities...to complete the table into what is referred to as a balance sheet. It's not a balance sheet unless net worth is included on the right side of the table. I would assume net worth is another name for equity. Good luck.

[radiodaze10]

Superb video. You've got excellent presentational skills and it came across very clearly.

[adriankrol]

Your the man Sir, You helped me out big time.. You taught it better then my restarted College teacher in 7:53 mins. Thaanks!

[mikgazda]

just out of interest, what college do you go to?

[evoevil27]

i salute you sir !!

thank you

[desumz]

thank u soo much.....!!!

[BasemanB]

thank you this video is very useful

[philliza]

thanks a lot... i have an xzam in 5hours and this was very helpful.

[Galaxy475]

thank you!!!

[RserBot2]

Whoa, he didn't even count with his fingers and he got the total of 8,000 in a snap. H e must be a maths genius! Lolz. Nice Vid anyways, very easy to understand.

[ameshabyebye]

Hell of a teacher, great!

[djlydizzle]

Great lecture!!! you really helped me out..

[230zach]

Thank you very much.

[TheMoreda]

Good explanation of balance sheet

[naswaari]

Someone thousands of miles away from you Salutes You

[majjitu]

i wish if you were my account teacher then,i wouldnt have hate accounts so much to drop out.i have learnt so much than the four years i spent in high school from your lectures

[samtheman2430]

smithy2289 writes "your a joke" ... inexplicably using improper grammar. It should be "you're a joke". So in response, I reply with ...smithy you're a dumbass. But anyway, great video and thank you!

[12musiclover12]

we definitely learned a lot! tnx a lot po!

keep on uploading helpful lectures.

more power 2 u!

and God bless!

[HomedudePedroski]

I like how this dude teaches.

[aryan84f]

Thank you very much, it is great explanation

[smithy2289]

your a joke

[akabarabbasi]

Thank you very much it is very helpful for me.

[RubinGnoni]

I hope there's more videos from this instructor. He's good. And I'm willing to get my degree in accounting through youtube. Watch me.

[ITHEREONETHATHASNT]

Me Too Lectures are INCREDIBLY boring!

[OlivoSylvesterfamily]

@RubinGnoni Thank you for this video brother

[saturatedskillz]

great video

[tomomersey]

k00l