Measuring Business Income 3-Adjusting JE Liabilities&Revenue

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Uploaded by on Jan 16, 2008

Financial Accounting ACG2021 Spring 2006 SFCC Crosson Chapter 3 Videos

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  • A+E (DR Left) = L+OE+R (CR Right)

    When Assets & Expenses Increase = DR

    When Assets & Expenses Decrease = CR

    When Liabilities, Equity, Revenue Increase = CR

    When Liabilities, Equity, Revenue Decrease = DR -- Just remember the equation above. A+E=L,OE,R -- To the left of equal sign is DR - to the right of equal sign CR - That is all to it - Just need to classify accounts into: Assets, Liability, Equity, Income, Expenses - then apply the above rules. Write down and memorize it (Cheat Sheet)

  • Susan. Love you!!!

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  • Why did she stop uploading videos?

  • if it doesn't work out with me and the misses......

  • The examples are great but the audio makes it sound like you're screeching your fingers down a chalkboard and gives me shivers down my spine!

  • i have no words to describe the simple but awesome & effective teaching abilities of Susan Crosson. For eg the DEAD entry is so easy to understand and remember.

    One personal request - is it possible to receive those little notes.

    Thank you Susan. God richly bless you for such a great act of kindness that is helping millions around the globe. Thanks again.

  • I understand everything she says, but i can't seem to understand the DR and CR. :(

  • Can you give examples from this subject?

  • Can you give examples from this subject?

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