FREE PDF Version of the book? www.ebook-freee.com/2013/01/ebook-fundamental-accounting-principles.html Class Handouts by Mr. Krug? blogs.jccc.edu/accounting/
I have a question, when we return the products we purchased, we credit merchandise inventory because we don't own this part of products anymore, right ? So , what I don't understand is when allowance happens, in this situation, we did not return any goods to the seller, but why we still need to credit our merchandise inventory?
We credit our merchandise inventory to adjust the cost (this doesn't do anything to the physical inventory). According to the cost principle, assets need to be recorded as the actual price paid.
Been watching these videos love them! Wondering how the students are doing after graduating?
Thanks Mr. David krug. It was super useful...
You have helped me bunches
Sir you are so great in all your teaching explanations Thanks a lot.
Thanks so much, Your class it is amazing I really enjoy it Thanks For help me :)
Thanks a lot- now I want Coco Puffs :)
29:10 "NOW!". Hi, my name is David Krug, and I do jump scares for a living.
Thanks
32:20 are you calling me out? LOL
32:44 "You sadlkjasdflkj what I'm sayin'?" - "Yeah!"
46:52 qs 5-4
Since you decrease $600 dollar you don't need to pay 36000. you have to base $35400 and take out 2% =708
Sian Pau it's not 36,000 , it's 3,600
15:43 HW #18 ex 5-1
how do we get/know the cost of good sold ($18.000)???
Beginning Inventory + Purchases = Goods Available for Sale - Ending Inventory = Cost of Goods Sold
Could you please let me know where can I buy Fundamentals of Accounting Principles in Canada ? Thanks
Hey you don't need to buy it! I found the exact edition of this book in PDF format online
Phuoc Lam Hi can you send the pdf format to my email
caohuu_quocminh@yahoo.com
Thank you so much
Phuoc Lam Hi will you be able to email me the pdf version. that would be a great help. there no way for me to buy this here in SL.
+Sandra Beck I just bought the Fundamentals of Accounting Principles 20th edition off of amazon for 7 dollars which including shipping
Hi Rushi L can you email me book in pdf version i shall be very grateful to you thanks
Sajid.accountant@yahoo.com
Where can non jccc students find copies of the homework sheets?
email me at the email address given in the videos
ok, Thank You
@@KrugAccounting does this still apply? I know it 2024 but I am getting ready to start my account 1 class this march. So I getting head of the class.
FREE PDF Version of the book? www.ebook-freee.com/2013/01/ebook-fundamental-accounting-principles.html
Class Handouts by Mr. Krug? blogs.jccc.edu/accounting/
+VJ NR
can you send it to me please cuz this link doesnot work
Hossam2010559@gmail.com
I have a question, when we return the products we purchased, we credit merchandise inventory because we don't own this part of products anymore, right ? So , what I don't understand is when allowance happens, in this situation, we did not return any goods to the seller, but why we still need to credit our merchandise inventory?
In that case we credit merchandise inventory to record the actual price of the product.
indeed you not return any goods but the total cost to obtain the goods decrease therefore you need to credit the merchandise inventory
Cost principle
@@wehabkibrom7261 bingo!
We credit our merchandise inventory to adjust the cost (this doesn't do anything to the physical inventory). According to the cost principle, assets need to be recorded as the actual price paid.
Sorry, I take back that command
fast food jobs are plentiful! ha ha!!