Derekbanas, I want to really thank you for posting this. I am in a survey of accounting course and my professor goes over my head all class. This really helped me set the foundation I needed. Also, if you don't mind, I would like to ask you some questions when they arise. Thank you again. It really helped me.
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
@ajithlondon I wouldn't think they would be different, but I can't be certain. The only changes would occur in relation to tax code rules in regards to depreciation.
Hi. Thank you for posting this. I have a question though. When the business owner sold the celebrity pics to his friend for $50, then retained earning should have increased by only $25, right (acknowledge that in the balance sheet, you only increased it by $25, but verbally, you said $50)? Also, please re-confirm that if the friend did not pay for the celebrity pics, then retained earnings should decrease by $50?
@zippydeeify You are right. Always trust what you see in the presentation. I sometimes miss speak. I'm glad you found it useful. It's just a basic overview
@derekbanas Why would you ever stop being one? Also, I haven't watched fully through the videos yet, I'm signing up for the exams when I come back from army officer candidate school. Are there any other videos that you recommend that I watch? Study tips would be greatly appreciated.
@vhsonacomeback That's pretty much all I've covered on financials. I have a video on how to invest using what is called covarience analysis. I quite because my research tools stopped working in 2006. Then everything blew up. I was more like an analyst than a broker. When I decided I could no longer provide good advice I got out. That is the very short answer. I wish you the best :)
I understand that all the math should be common sense but when you explain the process and leave out one detail, it could frustrate someone who doesn't understand. example: What are the goods he's selling so I can understand caricature. Since $50 in inventory produces 50 caricatures, that would mean the cost of goods sold would be $40 because he sold 40 units.
@valentino3321 Yes I know I went pretty fast. I plan on trying to explain this stuff in a better style soon. Thank you for your ideas and I'm glad you liked it :)
Derekbanas, I want to really thank you for posting this. I am in a survey of accounting course and my professor goes over my head all class. This really helped me set the foundation I needed. Also, if you don't mind, I would like to ask you some questions when they arise. Thank you again. It really helped me.
gooseCha 1 month ago
@gooseCha Thank you for taking the time to show your appreciation. Feel free to pass along any questions and I'll do my best to answer them
derekbanas 1 month ago
This has been flagged as spam show
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
flany1960 2 months ago
Sir, are these rules different to the accounting standards used in the United Kingdom and other Commonwealth Countries?
ajithlondon 4 months ago
@ajithlondon I wouldn't think they would be different, but I can't be certain. The only changes would occur in relation to tax code rules in regards to depreciation.
derekbanas 4 months ago
great video. keep pressing 8.25-27 gash gash lol
LOLHMMMZZZZ 4 months ago
Hi. Thank you for posting this. I have a question though. When the business owner sold the celebrity pics to his friend for $50, then retained earning should have increased by only $25, right (acknowledge that in the balance sheet, you only increased it by $25, but verbally, you said $50)? Also, please re-confirm that if the friend did not pay for the celebrity pics, then retained earnings should decrease by $50?
zippydeeify 4 months ago
@zippydeeify You are right. Always trust what you see in the presentation. I sometimes miss speak. I'm glad you found it useful. It's just a basic overview
derekbanas 4 months ago
@derekbanas Thanks again! Thanks for your generosity in sharing your knowledge. =)
zippydeeify 4 months ago
Amazing, thank you very much for posting this very useful stuff.
almichel888 5 months ago
@almichel888 You're welcome. I'm glad you found it useful
derekbanas 5 months ago
Thank you. I will be back. Just beginning my studies in
Bookkeeping.
Raeb222 5 months ago
Thank you so much. I'm going to use this so much while studying for the CFA exams.
vhsonacomeback 9 months ago
@vhsonacomeback You're welcome. I used to be a CFA.
derekbanas 9 months ago
@derekbanas Why would you ever stop being one? Also, I haven't watched fully through the videos yet, I'm signing up for the exams when I come back from army officer candidate school. Are there any other videos that you recommend that I watch? Study tips would be greatly appreciated.
vhsonacomeback 9 months ago
@vhsonacomeback That's pretty much all I've covered on financials. I have a video on how to invest using what is called covarience analysis. I quite because my research tools stopped working in 2006. Then everything blew up. I was more like an analyst than a broker. When I decided I could no longer provide good advice I got out. That is the very short answer. I wish you the best :)
derekbanas 9 months ago
I understand that all the math should be common sense but when you explain the process and leave out one detail, it could frustrate someone who doesn't understand. example: What are the goods he's selling so I can understand caricature. Since $50 in inventory produces 50 caricatures, that would mean the cost of goods sold would be $40 because he sold 40 units.
Just a thought.
Great job BTW!!!!
valentino3321 1 year ago
@valentino3321 Yes I know I went pretty fast. I plan on trying to explain this stuff in a better style soon. Thank you for your ideas and I'm glad you liked it :)
derekbanas 1 year ago