Accounting for Beginners | Part 1 | The Accounting Equation

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In part 1 of the accounting lesson for beginners, we explain what the accounting equation is and why it is important to understand the accounting equation. We explain assets, equity, and liabilities. We also give examples of assets, equity, and liabilities. We go through a complete example of doing the accounting equation.

Check out other straightforward examples on our channel.

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I can sit in a Lecture Room for hours and have no idea what the Lecturer is explaining, but can watch all these Videos before a Tests/Exams and Pass. I think its because of the step by step examples which makes things soo easier. This Channel Is The Shortcut Of ACCOUNTING...

SAMSTA-ubxr
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Whoever is the owner of this voice, May God continue blessing you with Wisdom🙏
The way you simplify all of this is just out of this world

khotsofalangmei
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Thank you so much Sir for knowing that not everyone doing accounting has ever done it before, thank you being there for us as grade R students in accounting, I really appreciate your understanding and take us through the baby steps because of I gain courage and excelling in my accounting module🎉✨️🙏👌. With you on our side sky is the limit 🚁

tamaratshona
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Got my degree years ago, I've been working in the Finance space focusing on liquidity and cash flow movements, some of the Accounting pinciples are more laxed in the Finance side, great refresher for professionals as well keep up the good work.

siyabongadlomo
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rochneymdhluli
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I am a state registered nurse that is converting and start to study accounting as a part of my business administration career the first deux week have been really difficult: getting use to this keywords key phrase and to know they meaning when it come to transaction .
When I realise I will not go any where with just my course I realised I needed to be resourceful then I stumble on this video and it just simplify my understanding on the accounting Equation and I feel confident to pursue my courses .
Thank you so much .I was looking for someone to explain me this stuff into step by step process and I see that your video make it very simple, understandable and clear .
Thanks you 😘

MindShiftwithlaure
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This channel and this man - INCREDIBLE! I have sat for days trying to understand my material, I get to this channel - BOOM, understood! Thank you!

jenna-dalerose
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I'm brand brand new to this, hence this is how I discovered this channel. I've been confused about the difference between liabilities and negative equities. This video really helped!

DJBattlewax
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I'm in the midst of changing careers. I've decided to switch to Accounting/Bookkeeping. Before I take a certification training it behooved me to get a crash course first...needless to say that I'm happy I came across this video.

James
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OMG how i wish you were my lecturer because you just made accounting bearab
le for someone who dropped very early on in HS. Thank you so much

precious.ledwabaaa
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Just started an Introductory Accounting course. Read through the module on the Accounting Equation and still ended up confused. Found your channel, watched the 5-part Accounting for Beginners videos and had an epic 'Aha' moment almost immediately. Will be subscribing

ellied
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Danko, wish you were my lecturer or grade 10 accounting teacher when i did accounting for a year and changed subjects because i was failing accounting, now that im back at doing accounting for my first year your videos bring more clarity❤

seniiisastunner
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fabisimbili
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This is my first year at Unisa doing accounting and your videos are making my journey little easier thank you😃definitely watching all ads😊

malebokumako
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kiddoflex_sa
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SurpriseDimakatso-ydij
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I have exams in two days. Wow this has opened my mind. Thank you for simplifying things.

theresapasomba
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daniErihumble
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I am registering a higher certificate in Accounting Science and I am counting on these kind of videos. You make it easy!

MamyalaNoah
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The first good detailed video i’ve seen on the basics of accounting!

paytonmaestas