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Introduction to Issue of Shares and Journal Entries
In this video, the teacher introduces the topic of issuing shares for a consideration other than cash. They explain the concept and provide examples of journal entries for different scenarios, such as issuing shares at par, at a premium,...
The Business Professor
Journal Entries and T Accounts - Trial Balance Example - Part 1 of 2
Journal Entries and T Accounts - Trial Balance Example - Part 1 of 2
The Business Professor
Ch8. Video 9 - Units-of-Production Method example
Units-of-Production Method example
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Review of Repeatedly Asked Adjustments in Manufacturing Companies
In this video, the teacher provides a quick review of repeatedly asked adjustments in the financial statements of a manufacturing company. They explain the dual effects of each adjustment and provide hints for understanding and solving...
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Recording Journal Entries: Understanding Transactions and Entries
In this video, the teacher explains how to record various types of journal entries in Daniel Traders Journal. The examples include cash discounts, trade discounts, purchases, sales, bad debts, and more. The teacher provides clear...
The Business Professor
Complete Accounting Cycle - Financial Accounting - Part 1 of 3
Prof. AJ Kooti explains the accounting cycle. This video is part 1 of a 3 part series.
The Business Professor
Ch8. Video 14 - Changes in Estimates example
Changes in Estimates (Accounting - Inventory) example
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GST Accounting
In this video, we have provided real life questions for you to solve along with us from our previous videos .
The Business Professor
Ch9. Video 9 - Employer Payroll Tax example
Employer Payroll Tax (Accounting) example
The Business Professor
Journalizing Fringe Benefit Entries for Payroll Accounting: A Step-by-Step Example
This video is a tutorial on how to complete three separate journal entries for a uniform company's payroll. The focus is on the accrued benefits entries for the month, including health insurance premiums, retirement matching, and...
The Business Professor
Ch5. Video 12 - Intermittent LIFO example
Intermittent LIFO or Last In First Out example
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Accountancy Adjustments for Manufacturing Companies
In this video, the teacher covers important adjustments in accountancy for a manufacturing company, with their journal entries and dual effects on financial statements. The video provides hints and tips for exam preparation and covers...
The Business Professor
Ch4. Video 10 - Accounting Cycle for Merchandising Business Example Part 3
Ch4. Video 10 - Accounting Cycle for Merchandising Business Example Part 3
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Issue of Shares: Public Issue, Reissue, and Share Forfeiture
In this video, the teacher explains the process of issuing shares for cash and covers topics such as public subscriptions, allotment of shares, and the reissue of forfeited shares. The teacher provides a step-by-step explanation of the...
The Business Professor
Journal Entries and T-Account - Trial Balance Pt 1
Journal Entry and T-Account for Trial Balance Example Part 1
The Business Professor
Chapter 9 - Accounting for Employee Benefits Example
Professor AJ Kooti provides an example of how to Account for Employee Benefits in his financial accounting course.
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Valuation of Goodwill (part 2)
This Video Explains How to Record Goodwill in the Firm's Books of Accounts at the time of admission and retirement of a partner.
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Categorizing GST for Accounting Purposes
In this video, the teacher explains the concept of categorizing GST for accounting purposes. They provide examples of intrastate and interstate purchases and sales, and discuss the calculation and accounting of input GST and output GST....
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Partnership Problem Solving: Accounting for Retiring Partner and Settlement of Accounts
In this video, the teacher continues discussing partnership problem solving in accounting. They explain the adjustments that need to be made when a partner retires from the firm, including revaluation of assets, calculation of goodwill,...
The Business Professor
Chapter 9 - Accounting for Warranties Example
Professor AJ Kooti provides an example of how to Account for Warranties in his financial accounting course.
The Business Professor
Introduction to Adjustments in Accounting
In this video, the teacher explains the concept of adjustments in accounting. The teacher also introduces the four different types of adjusting entries: deferred expenses, deferred revenues, accrued expenses, and accrued revenue.
The Business Professor
Recognize Inventory Sales - Journal Entries
Recognize Inventory Sales - Journal Entries
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Goodwill Valuation and Accounting Treatment in Partnership
In this video, the teacher explains the concept of goodwill valuation and its accounting treatment in the context of partnership businesses. They cover scenarios such as the admission and retirement of partners and how goodwill is...