Accounting Transactions 5- Revenue Dr & Cr

[makeiteasyable]

ty

[adelle0001]

thanks! useful video!

[shaanhamza]

Thnx My Darling Teacher,,,,,

[rafapak]

too few examples, but anyway , it is cool that this lady teaches people, it is good to have her on youtube

[lordbrimmer]

Anyone else find it funny that the guy filming this coughs every video? :)

Good ole random background noise.

[umong13]

get mock exams here my-magzine.blogspot.com

[Zabytube]

ty susan and ty camera man for standing der :)

[Flutar1986]

Thank you so much. Haha. Good for me Amateur. Haha.

[zetsuna88]

Hi thanks for posting I appreciate it so much... because our professor didnt like question because its interrupting his lecture but to you miss whatever ur name is, question is not a necessary thing you already answer things that begining to pop up to my little brain...

[JerridPayne]

Great

[zhenminliu]

Hi Susan

I thought it was inappropriate to use the sell homework example, especially since integrity is such an important aspect of accounting. Chin Beng

[ccmoore1984]

@zhenminliu how about if you shut the fuck up and be grateful she is sharing her knowledge for free. The selling homework example is like Cramster.com, a homework tutor.

[mazenasi]

much thanks from my deep heart madam susan

[astig600]

i love my course acounting.. but its kinda hard.. X_X

[zensorrow1]

Ma'am, although I must say you are crazy, I cannot deny adoring you

[AL0STAZ]

AWE=LCR

Dr=Cr

[zhenminliu]

Yes, it makes sense, except I can't imagine students selling homework! It's obviously an integrity issue, and accounting relies so much on integrity. Once I know the debits and credits, I can make them balance, and top bosses, who never deign to look at details, will think everything is hunky dory--that's where integrity comes in. Selling or buying homework--nah!

[Quinstol]

@zhenminliu That struck me as well. The "Homework Business" example may not have been the best one to choose because 1) it's a weird, unfamiliar business model, and 2) it's ethically dubious (though I could imagine circumstances where it would be OK).

Of course, it's a tongue-in-cheek thing; Crossan is trying to keep things a bit light and inject some humor, which is understandable given that accounting is popularly perceived as a ponderous and dry subject.

[damianofhouston]

Ah I see the light! A=L+OC-OD+R-E....so: If cash (asset) goes up (debit), who do we give the credit to? Increased liabilities (ex. truck note), increased owners capital (investment by owner), or increased revenue (from sales). These increases GET the CREDIT = credit goes up. On the other hand if cash (asset) goes down (credit), you have to debit expenses, owners drawings, etc.

[joemols]

SusanCrosson makes me proud to be a lefty.

[WebEducated]

@joemols same here.though,i didn't realize she was lefty until i read ur comment xD

[shafiq148]

helo

we get lectures lik these even in our high skool

n we hav great teacherz

the video is also really gud i apriciate it

[sepopor]

in singapore we learn DAX = LOR where D is drawings A is assets X is expense L is liabilities O is owner's equity and R is Revenue

[canadianhero]

Thanks for all the videos. Much appreciated. The few negative comments from the peanut gallery are just part of the humorous beauty of the internet...but the fact is those of you who go to university know that lectures like these usually cost us $500 and up so don't complain when this professor is giving it to us for FREE!

[lifeofalady]

haha so angry. I enjoyed this just as much as the rest of them.

[sri60532]

thank you!

[tarang1990]

there is a simpler way my prof taught us.. to remember this..

what is the "DEAL" with "GIRLS"?

DEAL - dividend expense asset loss ( debit is an increase credit is a decrease)

GIRLS - gains income revenue liabilities and stock holders equity (debit is a decrease and credit is an increase)

[hurricane223]

You should have been the President of Accounting.

[Vajaia]

great video thanks for posting.

[FemaleMBAStudent]

realslimshaddyy, The Cameraman is doing us a favor, so instead maybe we should be nicer and thankful and not call him so just because he was not probably feeling well. I am thinking he is wonderful human helping us to get this valuable info for free, and wanting to do good by wanting people to learn.

[gerard06]

this video is very helpful specially for beginner.. i learned a lot on this video.. Thanks

[jxmac206]

You are great, thanks for posting i learned so much.

[realslimshaddyy]

whose the cameraman i hate him with his mhm mhmz now n then..he is disturbin the whole lecture ..idiot

[payaza2001]

Great Videos