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.
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!
@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
Hi Susan, you have a special ability to communicate. The comparisons you make between accounting language and ordinary language is effective and illuminating. Thanks!
@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
@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:)
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.
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.
its so helpful thank u but next time please try to work on the voice quality !!!
Suad49309 2 weeks ago
and.... im lost again -__-
monicag218 3 weeks ago
salamat sa video!
adelle0001 3 months ago
D = Deposit & C = Cheque
I love you!
holly2233 4 months ago
This is so helpful! She should sign those marker board pages and sell them on ebay for thousands.
nicecream44 4 months ago
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.
rathish010 5 months ago
Her jacket is so throwback.. what a hipster. You gotta love her.
Imagynuity 5 months ago
This is so informative and helpful. Thanks Miss Susan! You are so amazing teacher!
troptin 5 months ago
Thanks susan! this is really helpful. I am taking Managerial accouting and i have complete forgotten my financial accouting knowlege.!
Glenhu123 6 months ago
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!
gabygabycedeno 9 months ago
I wish there was an example with real numbers provided for this lesson!
rafapak 11 months ago
OOOOOOOHHHHHHHH THANK YOU that the sound I made light turned on
serumclx 1 year ago
you are awesome
michurringa 1 year ago
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
Cr0pTechSupp 1 year ago
I love the way she teaches but i can't take the bad audio - it's sheer torture
whiteliketar 1 year ago
@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
199hussain 1 year ago
Hi Susan, you have a special ability to communicate. The comparisons you make between accounting language and ordinary language is effective and illuminating. Thanks!
zhenminliu 1 year ago
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.
joemols 1 year ago
@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
199hussain 1 year ago
@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:)
sparkles1114 1 year ago
@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
sjdhn 1 year ago
hmm still a little lost?
Hustle256Man 1 year ago
dono wtf ur tlkin about
hate2r8u 1 year ago
THANK YOU THANK YOU!
niggbreaker 2 years ago
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.
fazal712299 2 years ago
This video will be a great complement to my English classes. Thank you.
amarcosdurock2009 2 years ago 2
This has been flagged as spam show
You are Awesome!!
TheShowbiz3 2 years ago
You are Awesome!!!
TheShowbiz3 2 years ago
thank you :)
fejmot03 2 years ago
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!
jacobweisman 2 years ago 2
commonly need question example to solve.
faizal1002 2 years ago
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
SHOE555000 2 years ago
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)
bloodbear89 2 years ago 28
thanx a lot telling us abt these acronyms
styleicon69 2 years ago
I would like to thank from my buttom of my heart. You are my accounting GURU. Thanks a ton.
suvendurinku 2 years ago
my lecures been teacher us a-l=oe
kyllpsychotash 3 years ago
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,
nandojapan 3 years ago 16
I love this lecture style
lifeofalady 3 years ago
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
tarang1990 3 years ago 3
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!
GreatSport 3 years ago 3
thank you Susan
dagopremium 3 years ago 2