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Introduction to Accounting.mp4
Accountingintro
153 views
7 questions you may have regarding Accounting:
What is the role of accounting?
What types of accounting are there?
What is the purpose of financial statements?
Who uses...
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Petty Cash.mp4
Accountingintro
63 views
Petty Cash is an internal control designed to move responsibility for the custody of a small amount of cash to Front line staff who are often responsible for the payment of...
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Contra Accounts.mp4
Accountingintro
558 views
The role of Contra accounts in providing extra information about their parent account. Contra accounts have the opposite normal balance to their parent account and typical...
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Normal Balances.pptx.mp4
Accountingintro
219 views
In accounting we have Debits and Credits. Normally an asset account will be a debit and a liability account will be a credit. Owners equity will also normally be a credit....
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Accounting Equation - the Basics.mp4
Accountingintro
352 views
Investigates the basics of the accounting equation Assets = Liabilities + Owners equity. Simple definitions and examples of assets, liabilities and owners equity. An intr...
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Moodle Basics
Accountingintro
44 views
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Accounting Equation - recognising when to use it.mp4
Accountingintro
193 views
This video will help you understand not only the basics of the Accounting Equation, but it will also help you recognise it in less obvious situations
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Inventory GST and Discount.mp4
Accountingintro
146 views
Short video tracing the journal entries for a credit purchase of inventory (incorporateing GST) and then payment within discount period
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Posting From Special Journals
Accountingintro
710 views
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End of Period Adjustments.mp4
Accountingintro
238 views
Simple example of an End of Period Adjustments to explain that a prepaid expense is an asset
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