Accounting Transactions 3- Asset & SHE Dr & Cr

[Suad49309]

its so helpful thank u but next time please try to work on the voice quality !!!

[monicag218]

and.... im lost again -__-

[adelle0001]

salamat sa video!

[holly2233]

D = Deposit & C = Cheque

I love you!

[nicecream44]

This is so helpful! She should sign those marker board pages and sell them on ebay for thousands.

[rathish010]

when you pay dividend to your stock holder its an exp for you so revenue a/c debit and credit cash a/c, its not correct that your dividend payment will decrese stock holder's equity.

[Imagynuity]

Her jacket is so throwback.. what a hipster. You gotta love her.

[troptin]

This is so informative and helpful. Thanks Miss Susan! You are so amazing teacher!

[Glenhu123]

Thanks susan! this is really helpful. I am taking Managerial accouting and i have complete forgotten my financial accouting knowlege.!

[gabygabycedeno]

Thank you so much for this set of videos! - Susan is great in explaining! - I am so happy I have found them. Initially I did not like it because of the sound but the content and the way of explaining kept me focus! - Thank you so much!

[rafapak]

I wish there was an example with real numbers provided for this lesson!

[serumclx]

OOOOOOOHHHHHHHH THANK YOU that the sound I made light turned on

[michurringa]

you are awesome

[Cr0pTechSupp]

In the class, a fly would harass me but here, even my cousins coupled with my brother's music did NOT annoy me 0.0

[TheMrbjh]

Susan, your cameraman/audio guy must be your significant other. Otherwise he would have fixed your audio... When he coughs - his mic is clean so why shouldn't you have clean audio? Perhaps SFCC would let you borrow one of their lavalier mics. You deserve better - and so do we!

[whiteliketar]

I love the way she teaches but i can't take the bad audio - it's sheer torture

[199hussain]

@joemols. example:when i lend you money :- your transaction will be DEBIT cash and CREDIT liability. because you have to pay me back, like this the bank done with you... bank has to give your money , your money is liability for bank. CASH IS NOT ALWAYS ASSET

[zhenminliu]

Hi Susan, you have a special ability to communicate. The comparisons you make between accounting language and ordinary language is effective and illuminating. Thanks!

[bonnie8484]

The reason why it shows as a credit in your account is because bank accounts are viewed as a liability to the bank, not an asset. So under a liability, a credit to your account will increase your balance but a debit (ie. using your debit card) will cause your account balance to decrease. Hope that helps.

[joemols]

I don't get it...when I deposit money into the bank it show's as a credit not a debit...Please help me out.

[199hussain]

@joemols example:when i lend you money :- your transaction will be DEBIT cash and CREDIT liability. because you have to pay me back, like this the bank done with you... bank has to give your money , your money is liability for bank. CASH IS NOT ALWAYS ASSET

[sparkles1114]

@joemols - this is a theory but most likely its because the bank is the one that creates the transaction so when they print it , it shows credit cause you deposited money on that bank and that means it is a credit in their place because they have given something to you like a service but its actually an account recievable in their place but for your side its a debit because you got money from them do you get it? i hpoe this helps:)

[sjdhn]

@joemols from the bank's point of view it is credit as it owes to its customer. The

amount deposited by you is payable by bank , so it has appear at the credit side

of bank statement

[Hustle256Man]

hmm still a little lost?

[hate2r8u]

dono wtf ur tlkin about

[niggbreaker]

THANK YOU THANK YOU!

[fazal712299]

I want to know name this lecturer she is very good tutor her style of teaching is very simple and understandable for the less intelligent student also.

[amarcosdurock2009]

This video will be a great complement to my English classes. Thank you.

[TheShowbiz3]

You are Awesome!!!

[fejmot03]

thank you :)

[jacobweisman]

i wish u were my teacher. i watch all ur videos and learn more from you than my teacher, book, and online booksite. Thank you!

[faizal1002]

commonly need question example to solve.

[SHOE555000]

Susan please post videos on auditing, advanced accounting, taxation i love the way you teach you are an angel thank you so very much roger

[bloodbear89]

an easier way to remember the debit and credit rules:

Remember these acronyms

ADEX and CARL

ADEX= Asset, Dividends, Expenses (Debit is an increase, credit is decrease)

Carl=Capital, revenue, liabilities (debit is a decrease, credit is increase)

[styleicon69]

thanx a lot telling us abt these acronyms

[suvendurinku]

I would like to thank from my buttom of my heart. You are my accounting GURU. Thanks a ton.

[kyllpsychotash]

my lecures been teacher us a-l=oe

[nandojapan]

Thank you Susan, you just don't know how frustrated I was until I found your video series. You are a life saver... I mean that!

Thanks much,

[lifeofalady]

I love this lecture style

[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)

guess this was a lot easier

[GreatSport]

It took me forever to get this about accounting: the words "debit" and "credit" are not used in a qualitative manner - they simply indicate left or right.

Debits = Credits - Always!

"Credit" = Right - Always!

"Debit" = Left - Always!

Thanks for the great accounting series!

[dagopremium]

thank you Susan