The Business Professor
Chapter 8 - Revenue and Capital Expenditure Accounting Example
Professor AJ Kooti explains how to account for Revenue and Capital Expenditures in his financial accounting course.
The Business Professor
LIFO Method Example for Cost of Goods Sold Calculation
The video explains how to calculate cost of goods sold using the LIFO (last in, first out) method using the example of Delta Company. The presenter starts with the calculation of the cost of goods sold and goes on to compute the gross...
The Business Professor
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
The Business Professor
Chapter 8 - Changes in Estimates of Depreciation Example
Professor AJ Kooti explains the effect of Changes in Estimates of Depreciation in his financial accounting course.
The Business Professor
Calculating and Journalizing Payroll Tax Expense(Part 1)
In this video, the teacher explains how to calculate and record the total payroll tax expense from the employer's perspective for a uniform company. The video covers the different components of payroll tax, including FICA, state...
The Business Professor
Ch4. Video 8 - Accounting Cycle for Merchandising Business Example Part 1
Ch4. Video 8 - Accounting Cycle for Merchandising Business Example Part 1
The Business Professor
Notes Payable Example: Journalizing and Accounting for Interest
In this video, the teacher explains how to journalize and calculate the relevant events for a notes payable example. They provide three different examples, including one that spans multiple years, one that occurs within one year, and one...
The Business Professor
Examples of Notes Receivables and Journal Entries
In this video, the teacher explains how to journalize entries for notes receivables examples. They provide three different scenarios, each with different start dates and maturity dates, and demonstrate how to calculate and record...
The Business Professor
Closings in Accounting - Post Closing Trial Balance - Example
Professor AJ Kooti provides a detailed examples of how to conduct closing in accounting by entering information into the post-closing Trial Balance.
The Business Professor
Deferred Expenses: Types and Adjustments
This video is part of a series on accounting adjustments and discusses deferred expenses, specifically prepaid rent and supplies. The video defines deferred expenses and explains how they are assets paid in advance of receiving their...
The Business Professor
FIFO Inventory Costing Method Tutorial
The video discusses the FIFO (First-In, First-Out) method for inventory costing in accounting. The instructor provides an example of a company, Delta, and walks through the journal entries and calculations for the FIFO method when the...
The Business Professor
Inventory Recording Systems: Perpetual vs Periodic
In this video, the speaker discusses two different inventory systems that companies can use to record their merchandise transactions - perpetual and periodic. The speaker gives examples of how a car dealership may use the perpetual...
The Business Professor
Inventory Costing: Understanding FIFO Method
In this video, the teacher explains the concept of FIFO (First-In, First-Out) method for inventory costing. They go through the journal entries and calculations step by step, showing how to determine the cost of goods sold and ending...
Let's Tute
Accounting Test time Journal Entries
Here we come with a Short Interactive Quiz on "Journal Entries" from our new & exciting series "Accounting Test Time" Please comment your scores in the comment section below.
The Business Professor
Calculating and Journalizing Payroll Tax Expense (Part 2)
This video explains how to calculate and record the total payroll tax expense from the employer's perspective for a uniform company. The video covers the different components of payroll tax, including FICA, state unemployment tax, and...
Let's Tute
5 Common Mistakes to Avoid While Preparing Journal Entries
The video provides five important tips for preparing and solving journal entries correctly, including analyzing transactions, applying debit and credit rules, writing proper narrations, and checking mathematical accuracy. These tips can...
Curated Video
POV: My dad came out as a woman when I was 19
Kenzie Sproat says when her father first revealed she was a woman, she had a hard time wrapping her head around it. But she says now looking back, she can see the impact her dad has made on her in seeing the world free of gender.