6 years after getting my bachelor in Accounting and Auditing, I decide to embrace MBA-Accounting. This program/videos help me a lot to refresh my memory. Thank you Professor 👍🏻👍🏻
Dear Mr. Krug You are amazing . i am preparing for CPA just studying to refresh my accounting. God bless you and all those who helped made all these videos
To answer PoweredMinecart's question, I wondered about this also. My guess is that if you go straight to the ledger, there's no accounting record of the actual transaction. You'd just have isolated entries in separate ledger accounts.
I can no longer reply to that original question. You're right, but there's more. When putting in a Journal Entry, you can see that the transaction is balanced *much* easier than by just putting in the corresponding ledger entries.
Did anyone else who watched this video for Accounting class in college who did well, for a CPA exam who passed it, and for Accounting employment watch High School Musical 2 on Disney Channel?
Why is it necessary to record transactions to the journal before posting to the t-accounts? Why can't the accountant go straight from the source documents to the t-account?
I have a question on this. At time 30.27mins, you show us the T-accounts are listed in the real world. Why is it now al the opposite. You said owners capital is a credit but in this is listed as a debit. Also Purchased supplies and equipment are supposed to be debits but on the t-account ledger, it I listed as credit. Why is this? It is confusing
Owners Capital *account* is a credit balance account, but what's shown here is the Cash account. Therefore if the Owners Capital account gets credited, the Cash account gets Debited. Same for the Equipment Account. If the Equipment account gets debited the Cash account gets credited.
To all those complaining that this lesson is worthless without the book, buy the book and workpapers! You can get them on Amazon for less than $20 total!
yikes, sixth comment on this video with 16,663 views by jccc video with 1,134 videos with 65 likes and mine being 66th and three thumbs down. program #9 Im freaking out Krug. lol
God saved my career through you.Thank you David,
6 years after getting my bachelor in Accounting and Auditing, I decide to embrace MBA-Accounting. This program/videos help me a lot to refresh my memory.
Thank you Professor 👍🏻👍🏻
Dear Mr. Krug You are amazing .
i am preparing for CPA just studying to refresh my accounting.
God bless you and all those who helped made all these videos
So do I. I'm planning to take it this Dec. Good Luck
Me too, I hope you guys did well
Thanks for the lectures!! They are amazing and very helpful!!!
He helped me a lot I made a 100 on Journal Entries and Trial Balance.Thanks so much
I have learned a lot. Thanks a lot Dave!
this is very very nice,i love accounting due to him.thanks very much sir
Thank you so much for your very useful videos.
It is very thoughtful that the video mentioned one error in the textbook about page 84.
i just wanna say thank you for doing this video sir you helped me a lot :))
This is helpful.... Like if you agree
Thanks!
To answer PoweredMinecart's question, I wondered about this also. My guess is that if you go straight to the ledger, there's no accounting record of the actual transaction. You'd just have isolated entries in separate ledger accounts.
I can no longer reply to that original question. You're right, but there's more. When putting in a Journal Entry, you can see that the transaction is balanced *much* easier than by just putting in the corresponding ledger entries.
Lecture Number 9 = Done
49:25 "what they try to convey here is Just bcz CASH is going out does NOT necessarily mean an EXPENSE has been iccured"
36:22 play video on 2x speed (:
Did anyone else who watched this video for Accounting class in college who did well, for a CPA exam who passed it, and for Accounting employment watch High School Musical 2 on Disney Channel?
blogs.jccc.edu/accounting/
A lot useful info on the course - handouts etc
To next lecture
Any idea which text book is being used?
THat is some snazzy music.
Why is it necessary to record transactions to the journal before posting to the t-accounts? Why can't the accountant go straight from the source documents to the t-account?
18:24 Exercise 2-9
11:23 Lecture 8 Handout
These are helpful videos and I need the book which is used for this curse how can I find that?
shir Mohammad blogs.jccc.edu/accounting/
A lot useful info on the course - handouts etc
Textbook: aquantaday.wordpress.com/fundamental-accounting-principles-22nd-edition-pdf/
Materials: blogs.jccc.edu/accounting/files/2014/12/accounting1.pdf
Tests: blogs.jccc.edu/accounting/_1/
no answers for quick study in the book??
What group is playing the jazz music, someone please?
Sounds like spyro gyra
can any one share the book pdf with use plz
i really wanna get those exercises T_T
God speaks to the Krugster haha
can any body help me with handouts does any body have it or can anybody give me the link of it and homework assignment
Textbook: aquantaday.wordpress.com/fundamental-accounting-principles-22nd-edition-pdf/
Materials: blogs.jccc.edu/accounting/files/2014/12/accounting1.pdf
Tests: blogs.jccc.edu/accounting/_1/
Kara looks nice today ;-). Ok i know i know that's not professional behavior ;-). Sorry
Tomek Tom She's beautiful.
but, its working
She old now...lol in 2021
@@ericwilson3439 😂
at 15:00 shouldnt the balance be 3850, not 200?
On the credit side, 4500+6000+1300=11,800.
The debit side is 11,600. Subtract those two numbers. You get 200 on the credit side.
I have a question on this.
At time 30.27mins, you show us the T-accounts are listed in the real world. Why is it now al the opposite. You said owners capital is a credit but in this is listed as a debit. Also Purchased supplies and equipment are supposed to be debits but on the t-account ledger, it I listed as credit. Why is this? It is confusing
Owners Capital *account* is a credit balance account, but what's shown here is the Cash account. Therefore if the Owners Capital account gets credited, the Cash account gets Debited. Same for the Equipment Account. If the Equipment account gets debited the Cash account gets credited.
Thank you for your explanation. I was confused at first because of the description . It is a Cash account.
To all those complaining that this lesson is worthless without the book, buy the book and workpapers! You can get them on Amazon for less than $20 total!
Can you send me please
Ibnusalaan77@gmail.com
Help me 😌
@david shinabarger
10.05.23
22:00 it is a shame I do not have the book , this exercise is really needed :( I can seem to find it anywhere in the web :(
The book is fundamentals accounting principles 20th edition by wild, shaw and chiappetta
Textbook: aquantaday.wordpress.com/fundamental-accounting-principles-22nd-edition-pdf/
Materials: blogs.jccc.edu/accounting/files/2014/12/accounting1.pdf
Tests: blogs.jccc.edu/accounting/_1/
where to buy that book?
Textbook: aquantaday.wordpress.com/fundamental-accounting-principles-22nd-edition-pdf/
Materials: blogs.jccc.edu/accounting/files/2014/12/accounting1.pdf
Tests: blogs.jccc.edu/accounting/_1/
/wildFAP20e
Wild fapping > studying
yikes, sixth comment on this video with 16,663 views by jccc video with 1,134 videos with 65 likes and mine being 66th and three thumbs down. program #9 Im freaking out Krug. lol
he is slower than Turtle half an hour for home work every lecture is killing
watch on 1.5x speed :)