So thankful that I found your videos!!! I'm taking an online class and she has given us no direction. She just put up what assignments we have to turn in, so I was reading through my textbook trying to teach accounting to myself. This has cleared up so many questions! thank you, thank you, thank you!!!
Thank you very much for posting this video. It's been really helpful in my semester taking accounting. now every time my profesor explains a new topic I watch your videos a head of time to have better understanding.
Thank you so much, I'm dreaming with teacher like you. If the teacher is lazy and do everything deep fast and Doesn't want to writing on a blackboard. Is really hard for someone to learn specially if is not our language. God bless you for your time and patience.
Thank you to the people responsible for these videos. I have been reading this information and getting so confused however have found these videos so easy to watch and understand which is making me feel so much more successful instead of just frustrated.
For somebody who just started accounting as of today this was amazing very helpful, very straight forward and well explained . Thank you so much for helping me and explaining this to me
I usually don't comment on public posts but you are an amazing teacher, have to take my midterms in less than 5 days and scrambling as much information I can in few hours and I was giving up my hope of passing as I am in my late 40' and taking accounting being in the medical field had not to clue about accounting . Thank you so much for your selfless effort
Tbh you saved not just my day. You saved my whole period of accounting. I have read through the chapters all the night without understanding anything, and then in just a few minutes, you explain it so logically as it was nothing. Thank you so much!
This video was very easy to understand. I hope I can put it into practice. The business world is so new to me and I have to admit I can not even or do not balance my own checkbook. I always figured if you had more money going out then in you were in good shape. I am starting to see how important it is to keep and document accurate records. I am such a visual learner, that I am gaining a new understanding through these videos and this instructor. I liked how he broke down the financial statements in order, explaining that one statement has to be done before the other.
This is actually something i never thought of saying it, your video is actually make me understand easily about accounting. My lecturer did kinda explain to me about how to work with it, but you just nail it in your video is only like 5-15 min lecture. It's easily for me to understand. I don't know how to thank you for this but really thanks so much @mattfisher64
I'm from Perth, Western Australia too... I am so grateful to you for these videos they have helped me no end with my accounting degree. I'm studying from home and find it hard with only a text book to study from, you make it I really easy to understand. I appreciate the time and effort you have put in to produce these lectures. THANK YOU!!
thanks a lot for your lesson, really helped me lot, because in my case, i want to start a business plan, but i dont know how to balance the financial statement, I think in this whole world you are only one person tough about in starting stage how to balance the financial statement, i wish u to post ur lesson as much as possible . God bless you long time
Thank you so much for posting these. Been having a real tough time of getting this stuff, I'm only four videos in and I'm starting to get it. Thanks for uploading these.
i never had any basics in accounting but currently taking accountancy for my course in university,Thank you very much for the basics,i never knew eventhough how complex accounting can be,it gets more and more interesting. :)
Thank you so much for your awesome work, you are the best ! you help so many peoples thats want to be an accounting. I really appreciated your effort !!
First of all, thank you very much for the videos. I would like a recommendation for a text book that I may consult for working examples along with the videos.
it is very clear i dont speak english very will but i understand of you > . thank you mr and i hope you make another acounting video not just principles of accounting
This accounting gets pretty involved. You can really miss something if you don't pay close attention. I watched a previous tutorial by you in which stated accounting needs to be practiced and reviewed daily. One shouldn't look a it one day and wait several days before coming back to it, we will be lost.
Thank you so much, when the teacher at my class try to explain it, I can't understand, wtf she was talking about, it was all giberish, like watching a anime without the sub. "Not knowing the language"
Question? Are the Statement of Retained Earnings and the Statement of Owners Equity the same? The rest of the financial statements are the same, except for the ones that I have listed.
Dear mattfisher64, I have two questions regarding to the formula to calculate Ending Capital. I understood what you have been talking here. However, I think of another situation in which part of Net Income is used to distribute to Owner which is called "Dividend", for e.g $5000 Dividend. Shall 21000 less dividend? If so, we will have 16000 of Ending Capital. Is it right?
Second, if my Income Statement from previous period shows that my earning profit is $4000. Shall I put $4000 in 1st row as beginning capital obtaining from previous year profit when calculate ending capital? I am confusing it now, hopefully you will explain it for me. Thanks in advance.
you are a great teacher of financial. But i suggest that u should make video with nice hearing sound. I like your video and your teaching style. I also have a question to ask you: Does ''CASH FLOW'' has the same meaning as ''STATEMENT OF OWNERS EQUITY''???
I don't understand why the $8,000 and $21,000 are added together. (Accounts payable and equity). Wouldn't the accounts payable be a negative number against the other side of the balance sheet?
it's just needs to be balanced on both sides, the a/p is what the business owes to creditors so it has to be added and the accounting equation is assets = liability +equity
This was great but there was not logic to the figures in the assets column nor the accounts payable, which appear to have been fudged to achieve balance. There is a simple step missing that would have made this an excellent presentation.
So thankful that I found your videos!!! I'm taking an online class and she has given us no direction. She just put up what assignments we have to turn in, so I was reading through my textbook trying to teach accounting to myself. This has cleared up so many questions! thank you, thank you, thank you!!!
You literally saved my whole year with those 7 minutes, I love you man
You're a saint man, taught me more in 10 minutes than I've learned from my professor in the past month
I thank GOD for guiding you to upload these videos for us. You are a blessing to our academics! More Grace sir!
Thank you very much for posting this video. It's been really helpful in my semester taking accounting. now every time my profesor explains a new topic I watch your videos a head of time to have better understanding.
OMG this is the best tutorial that I have ever had
Thank you
my teacher could not explain this in 4 hours. you did it in 7 min.
I got a lazy professor as well! He rushes out without giving any explanation or straight answer.
Thank you so much,
I'm dreaming with teacher like you. If the teacher is lazy and do everything deep fast and Doesn't want to writing on a blackboard.
Is really hard for someone to learn specially if is not our language.
God bless you for your time and patience.
Thank you to the people responsible for these videos. I have been reading this information and getting so confused however have found these videos so easy to watch and understand which is making me feel so much more successful instead of just frustrated.
For somebody who just started accounting as of today this was amazing very helpful, very straight forward and well explained . Thank you so much for helping me and explaining this to me
Going back to school 5 years later and wanted a refresher. And thank goodness for you. It's all coming back to me
I usually don't comment on public posts but you are an amazing teacher, have to take my midterms in less than 5 days and scrambling as much information I can in few hours and I was giving up my hope of passing as I am in my late 40' and taking accounting being in the medical field had not to clue about accounting . Thank you so much for your selfless effort
Tbh you saved not just my day. You saved my whole period of accounting. I have read through the chapters all the night without understanding anything, and then in just a few minutes, you explain it so logically as it was nothing. Thank you so much!
These videos really help, thanks for doing this and helping us out here.
Basically you explained something so simple in 10 mins that took my teacher 10 hours lol
Mighty Ro exactly 🤯
This video was very easy to understand. I hope I can put it into practice. The business world is so new to me and I have to admit I can not even or do not balance my own checkbook. I always figured if you had more money going out then in you were in good shape. I am starting to see how important it is to keep and document accurate records. I am such a visual learner, that I am gaining a new understanding through these videos and this instructor. I liked how he broke down the financial statements in order, explaining that one statement has to be done before the other.
This is amazing... I have had accounting subjects on/off for the past 12 years and I finally feel that I am understanding it...soo excited Thank you
This is actually something i never thought of saying it, your video is actually make me understand easily about accounting. My lecturer did kinda explain to me about how to work with it, but you just nail it in your video is only like 5-15 min lecture. It's easily for me to understand. I don't know how to thank you for this but really thanks so much @mattfisher64
I'm from Perth, Western Australia too... I am so grateful to you for these videos they have helped me no end with my accounting degree. I'm studying from home and find it hard with only a text book to study from, you make it I really easy to understand. I appreciate the time and effort you have put in to produce these lectures. THANK YOU!!
How's life now?
thanks a lot for your lesson, really helped me lot, because in my case, i want to start a business plan, but i dont know how to balance the financial statement, I think in this whole world you are only one person tough about in starting stage how to balance the financial statement,
i wish u to post ur lesson as much as possible . God bless you long time
What you said is true sir, i didn't understand accounting at first and was intimidated by it..now i know how it works and it's my favourite subject.
It's all crystal clear now thanks to your videos. Testing tomorrow so just in time. Thanks Matt!
Thank you so much for posting these. Been having a real tough time of getting this stuff, I'm only four videos in and I'm starting to get it. Thanks for uploading these.
T-Accounts and Debits & Credits - Ch. 2 Video 1 + Financial Statements - Ch. 1 Video 3 = A ( Best Teacher Award goes to you)
i never had any basics in accounting but currently taking accountancy for my course in university,Thank you very much for the basics,i never knew eventhough how complex accounting can be,it gets more and more interesting. :)
Thank you so much for your awesome work, you are the best ! you help so many peoples thats want to be an accounting. I really appreciated your effort !!
Thank you so much, that was very helpful. I love you more than our teacher
Thank you so much, that was very helpful. I love you more than my teacher
Very Well Done Sir. I appreciate the way you break it down are able to explain this in its simplest form.
You sir, are both a Schollar and a Gentleman... Thanks for all that you do!
I finally understand all this! Thank you so much!!!!!!
Great video. It's nice to get another one's view or instructional technique on this subject.
Thank you very much for making these!
You made this topic seem so easy! Thank God I came across this!
First time I have ever understood this...Thank you Sir
thank you so much for your videos, really helpful, you are an amazing teacher!!
Jesus this guy is good, thank you!
You are really good!!! Thank you for making all the accounting videos!
god bless you man. thank you soo much for all your videos and help!
I love the way you explain it. I need you be my professor!
Thanks for your videos accounting basics. you are good teacher
You actually make me feel like i know stuff.. These videos make me very interested
master piece of work, amazing ~.~ thank you very much for your time,your teaching worth a lot to us :)
Great lecture.
I feel like Kevin spacey is teaching me accounting
THANK YOU! My life back to normal again haha
Thank you so much for your videos!!
From Iraq Thank U so match .. I wish that I have Thacher like U .
Thank you very much of these great videos, I would like to know what is the name of the text book so that I can practice the examples. Thanks
I like your teaching style. What textbook do you use? Thanks! :)
Thankyou Matt, simple and easy. :)
Thank you, great series
First of all, thank you very much for the videos. I would like a recommendation for a text book that I may consult for working examples along with the videos.
thank you so much you r the greatest teacher 👍🏻👌🏻
Now accounting makes sense to me!!! I wish i could find your videos earlier!! BIG THANKS!!!
Thanks mate! I didnt understand these at first but now i do
REALLY GOOD TEACHER,THANK YOU!
this person explains it perfectly. where can I get a hold of him? or a public page to follow?
Thank you you explain this so well.
It's true. The more I understand, the more I like
Go ahead and go on 🌹
clear and precise, thank you
It is really help me, thanks for that.
it is very clear i dont speak english very will but i understand of you > . thank you mr and i hope you make another acounting video not just principles of accounting
This accounting gets pretty involved. You can really miss something if you don't pay close attention. I watched a previous tutorial by you in which stated accounting needs to be practiced and reviewed daily. One shouldn't look a it one day and wait several days before coming back to it, we will be lost.
Thank you so much, when the teacher at my class try to explain it,
I can't understand, wtf she was talking about,
it was all giberish,
like watching a anime without the sub.
"Not knowing the language"
Thank you, this helps a lot!!!!
Excellent!!
you're my hero!
Thanks for the video!
Question? Are the Statement of Retained Earnings and the Statement of Owners Equity the same? The rest of the financial statements are the same, except for the ones that I have listed.
OH MY GAWD THANK YOU. I'm going to try now. -.-
Would Dividends be the same as Withdrawals Mr. Fisher?
This is still helpful 8 years later
Dear mattfisher64,
I have two questions regarding to the formula to calculate Ending Capital. I understood what you have been talking here. However, I think of another situation in which part of Net Income is used to distribute to Owner which is called "Dividend", for e.g $5000 Dividend. Shall 21000 less dividend? If so, we will have 16000 of Ending Capital. Is it right?
Very helpful
Second, if my Income Statement from previous period shows that my earning profit is $4000. Shall I put $4000 in 1st row as beginning capital obtaining from previous year profit when calculate ending capital? I am confusing it now, hopefully you will explain it for me. Thanks in advance.
your amazing
Thank you, kind sir.
You just open my son's eyes for accounting.
wonderful
you are a great teacher of financial. But i suggest that u should make video with nice hearing sound. I like your video and your teaching style. I also have a question to ask you:
Does ''CASH FLOW'' has the same meaning as ''STATEMENT OF OWNERS EQUITY''???
No. They are different financial statements.
I don't understand why the $8,000 and $21,000 are added together. (Accounts payable and equity). Wouldn't the accounts payable be a negative number against the other side of the balance sheet?
it's just needs to be balanced on both sides, the a/p is what the business owes to creditors so it has to be added and the accounting equation is assets = liability +equity
you are a god
Nice
it's amazing lesson thanks for everything but check out the ending capital. i don't if I am wrong of being awake all night or it's 23,000
Thanks a lot
LOVE UUUUUUU
The only complaint I have is that the audio was poor. I had to turn up my speakers to hear the presentation.
thank you
thank you!!! :)
thank you :)
can't find first video ? some 1 link it to me
This was great but there was not logic to the figures in the assets column nor the accounts payable, which appear to have been fudged to achieve balance. There is a simple step missing that would have made this an excellent presentation.
I was also following well until the liability, I don't understand how you got it. ? Great teacher though!
Hello sir show the question also plz
ma dude
dude my prof is the worst, shoutout to matt fisher
20x likes🌸
CA mathematics
Accounting makes me sleepy....