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Admission of New Partner
Learn how the accounts are to be presented and the different adjustments on admission of a partner like profit sharing ratio,capital contribution, goodwill calculated ,revaluation, profit or loss
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Introduction to Income and Expenses
The video is about basic accounting principles and concepts, including matching and accrual concepts, prepaid and outstanding expenses, and accrued income. The speaker discusses how to properly record transactions and verify financial...
The Business Professor
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
The Business Professor
Adjusted Trial Balance - Financial Accounting
Adjusted Trial Balance - Financial Accounting
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Petty Cash Book
This video explains what is petty cash book & its need, what are the types of petty cash book & how to record transactions in petty cash book.
Curated Video
Analyzing the Strengths and Weaknesses of Break-Even Analysis
The video discusses the concept of break-even analysis as a tool for business purposes. The presenter highlights the strengths and weaknesses of break-even analysis, emphasizing that its simplicity and ease of use can also be its...
The Business Professor
T Account Rules - Financial Accounting
T Account Rules - Financial Accounting
The Business Professor
Internal Controls for Cash Disbursements - Accounting
Internal Controls for Cash Disbursements - Accounting
Executive Finance
Understanding the Profile of Occupational Fraudsters
This video discusses the profile of individuals who commit fraud, including the types of employees most likely to engage in fraud, the likelihood of collusion, and common behavioral red flags. The lesson emphasizes the importance of...
The Business Professor
Determine Cost of Inventory - Financial Accounting
Determine Cost of Inventory - Financial Accounting
The Wall Street Journal
The New Accounting
New accounting rules and the expansion of automation in corporate bookkeeping are reshaping financial reporting, from how information is recorded and tracked to how it's audited. What consensus is taking shape among regulators and...
The Business Professor
Accounting for Employee Payroll Deducations - Accounting
Accounting for Employee Payroll Deducations - Accounting
Executive Finance
Understanding Equity and Business Valuation
This video explains the concept of equity in a company, its components, and how to determine its value. It also covers the asset and income approaches to valuing a business and provides a crash course in business valuation.
The Business Professor
Managerial Accounting
This video provides an explanation of what is Managerial Accounting. Notably, it distinguishing management accounting from financial accounting.
The Business Professor
Bank Reconciliation Example
In this video, the teacher explains how to complete a bank reconciliation using an example of a hotel company. They go through each step of the reconciliation process, including identifying outstanding checks, correcting bookkeeping...
Seven Dimensions
The Importance of Being Supportive
This video showcases the importance of being supportive in a team environment. It highlights the various ways in which individuals can show support, such as going above and beyond their role, providing assistance, and showing...
The Business Professor
What are Assets - Financial Accounting
What are Assets - Financial Accounting
The Business Professor
Internal Controls for Banking Activity - Financial Accountin
Internal Controls for Banking Activity - Financial Accountin
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Accounting Principles 3 - Revenue Recognition Concept
In this video we will be teaching that Revenue recognition is when both the parties agrees on certainity of the sales that are recorded as revenue. The auditor is the qualified official whos duty is to check the accurancy of business...
Executive Finance
Financial Analysis of a Mid-Sized Public Company
This video guides the viewer through analyzing a real income statement for a mid-sized public company. The lesson covers horizontal and vertical analysis, as well as calculating return on capital employed and earnings per share. The...
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Introduction to Subsidiary Books
In this video, the teacher explains why some companies prefer to use subsidiary books instead of a journal to record transactions. Subsidiary books can save time, reduce errors, and make it easier to locate specific transactions. The...
The Business Professor
Business Permits and Occupational Licenses
This Video Explains Business Permits and Occupational Licenses
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Accounting Test Time: Bank Reconciliation Statement
This video tests your knowledge and gives you a quick glimpse into your sense of adding or subtracting amounts in bank reconciliation statements.