Accounting for Beginners #1 / Debits and Credits / Assets = Liabilities + Equity

This is a great Accounting tutorial for the Basics of Accounting for beginners. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners.

#Accounting #Exercise #CPA
#Accounting #Exercise #CPA

[coltongreenlaw]

“I don’t care how you memorize it just do it”

This is teaching at its finest.

[lanamartine]

A week ago I wanted to quit school because of my accounting class. I didn’t think there was any way on earth I’d pass this class and then I found your videos. Passed the class tonight! Thank you much!!

[Mina-skjl]

Dear Jonathan, I got the accounting exam back today and it was 97%!!! I still can't believe what I just achieved. This was my very first time to study finance subject and also study abroad, which means doing accounting in English was incredibly challenging to me. You not only saved my life, but also gave me confidence and taught me how important to go block by block. I am so lucky to have a teacher like you. Thank you sooo much Jonathan!! DCADELER forever!!!

[momentshub]

D.E.A.L.E.R - The best way to remember - DEALER - Draw - Expenses - - Equity - Revenue E A L E R!

[CPAStrengthPassion]

Hey everyone who is in the comments section. I made this video over 3 years ago. And while the information is still the same. This was one of my first videos i ever made and a bit cringy. I had about 100 subscribers and 10 videos when i made this video. October 2018 im closing in on 70k subscribers and 350 videos. DC ADE LER has helped thousands of people with Accounting in the past 3 years. I say all this to possibly give some of my later accounting videos a chance for less cringe.

[rocioflores]

3 weeks in Accounting, I'm so lost! lol! I look around the classroom and everyone seems to get it but me. Thank you so much for your videos. DC ADE something finally stuck in my brain. Now to learn balance sheet and adjustments! 😲😲😲 thank you, thank you!! 😊

[TheFinancialController]

I will add that many folks confuse accounting with “counting” or math in general. Let’s get one thing straight, you don’t have to be good at math to succeed in accounting. We rely on calculators and Excel sheets to do the math :)

[CJU]

I love when he says “I don’t care how you gonna memorize it, just do it”
😂 That alone removed my frustration and helped me learn. So easy!
Thank you so much!
God bless you!

[risengrind]

bro i literally couldn't handle my accounting class two weeks ago (it's online and i'm not learning in the class at all). Since I found these videos, I actually understand everything, and got a 100 on my first test by remembering DC ADE LER. Thanks so much for posting this stuff, I use it more than the resources my university is giving me haha

[mpaauwe]

I came back to say THANK YOU for helping me pass my Accounting for Decision Makers class at WGU! Last year I decided to go back to school to get my MBA, and it had been 15 years since I took an accounting class. I was super stuck at the beginning of the class, and your videos got me through it! Thanks for making these videos, they are very much appreciated.

[weirdsiren]

I just started my accounting 1 class and I was completely overwhelmed and confused until I found your videos. Thank you so much! I'm sure i'll pass just fine now!

[KiyosakiSays]

“The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money.” - Robert Kiyosaki

[OasisGamingInc]

This man perfectly represents the daily struggle of leftys and whiteboards

[crickinneck]

To make it easier to remember, one can use the word DEALER instead of ADELER

[brianly]

" I don't care how you do it, JUST DO IT" life for everyone would be so different

[margueritejansen]

I want to thank you for your videos. I lost my job in the summer and was interested in taking accounting to further my career in payroll. But I was trepidatious because never thought I could handle accounting. However, watching your videos gave me confidence that I could do it. And I did. I just passed Financial Accounting with an 92%. 96% on the final exam. A+!

[michielkritzinger]

I'm writing EMS tomorrow and im just watching YouTube about the work, thanks dude you're a lifesaver

[jeffreyseib]

Hey man, I just want to let you know how much I appreciate these videos! I just got my first job out of college working for Federal Government in bank regulation, and I hardly took any accounting in college. I have to pass this scary accounting assessment and your videos have helped me out much! These helped me more than the books, studying, and professional accountants they brought in to teach us. You saved my bank account, job, income, but perhaps more than anything you gave society a much better federal regulator. People put a lot of trust in banks; they put a lot of money in there. Because of you, citizens can be more confident they got a qualified government worker keeping their money safe. I appreciate the energy, humor (especially the reoccurring "ya boys gettin jacked"), and helpfulness. Even the inspirational stuff you put in there helps me get through the day. Keep up the good work man, you're a hero!

[Blobsled]

I cannot thank you enough. I was really struggling with an accounting class but these videos broke everything down and kept it simple. DC-ADE-LER was a Godsend!

[Nam.Nam]

2022 - The best and the sexiest accounting teacher! I've been struggling for a while because english is not my native language and i might say that your videos changed my whole perspective of this job. Very precise and easy explained, even for a person like me, with no knowledge in accounting 🙂

Thank you so so much.