Accounting Basics Lesson 8: Selling A Product, Revenue Accounts, Cost of Goods Sold Accounts

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Uploaded by on Feb 20, 2011

http://Freeaccountingschool.com. In this tutorial, accountant Daniel Dickson answers the following questions: How do you record the sale of a product using double-entry accounting? What is Sales Revenue? What is a Sales Revenue Account? What is a Cost of Goods Sold Account?

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Uploader Comments (danieldickson2)

  • Thank you so much!

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All Comments (15)

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  • A straight forward and simple explanation of an often miss-understood subject. You should do well on the CPA exam.

  • very well organized and informative..You have made accounting so clear and accessible..again thank you so much for your wonderful effort Daniel !

  • Fantastic! Thank you so very much for giving me the insight of basic accounting. You don't know how much it opened my eyes. More ......please.......

  • Thanks a lot ,helped me a lot on understanding the concepts, would like to request you, why want you start teaching online in a serious way I mean creating a channel or a website or a online course structure for subjects like management accounting ,CIMA (Course),You could charge a reasonable amount of money on memberships ,Which is fair enough on your time and dedication , Which will be a great Thing specially for distant learners !!

    Thanks

  • I have a test tomorrow so Thank you!!!

  • Really appreciate the effort you put into these, I'll go to your website and check out your other videos :)

  • Thanks allot Daniel !

  • Recently I have been watching your videos and I really really appreciate those. Please keep making these videos.

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