ASSETS = LIABILITIES + EQUITY / THE BASIC ACCOUNTING EQUATION / ACCOUNTING FOR BEGINNERS #100

MY method of mapping whether the accounts are to be Debited or Credited have helped thousands of people. I know it can help you.

What is the BEST? Assets, Draw, Expense, Liability, Equity, Revenue I give my thought on the best way to remember where to place the Assets, Draw, Expenses, Liability, Equity & Revenue. I hope you enjoy the video. I got a good response from my last Accounting for Beginner video i just did, which was review of everything Accounting in 5 minutes. So this video is a nice easy fast 5 minute video about the Balance Sheet, which is Assets = Liabilities + Equity. I tried to go back and give a little refresher course with DC ADE LER and how good could i explain the Basics of Accounting in 5 Minutes. 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

[aprimzolo]

Congratulations on this accomplishment, I have been watching your videos for about 3 weeks and loved them from video #1, I can’t believe there are people giving you thumb down !!!
I am going to have a sticker on the ceiling with DC ADE LER, wake up to the DC ADE LER every day

[jh]

What a milestone! #100!!! CONGRATS! You look awesome with the smile from cheek to cheek & thesse eyebrows raising up the roof! KEEP IT UP, YO!!! THANK YOU FOR ALL THE AWESOME VIDEOS!!!

[dirtyg]

Thanks for making accounting easier to understand. Getting the DCADELER tattoo when CPA Strength hits 💯 K subbues

[AbdiazizSaidAhmed]

I am from Somalia; really I am.very happy to join your accounting videos and even your body buildind challenges. Both of them are very interesting and we will benefit alot.

Basic accounting lessons are more important than advanced ones; I believe if the person understand well the basics; simply he/she will gradually overcome the advance chapters due to their concrete basics.

[SIMPLYYOUMAKEUP]

Congratulations to you for the first 100 yeah. Now people since we love this man and the content he shares with us, let us get him to100, 000.00 subscribers

[Vettejocke]

Can you make a video about the Financial Statements?

[ashleystickel]

First, thank you..You've been a blessing with accounting. I'm now in intermediate accounting.. have you thought about starting videos for the next step with school?

[alexisc]

Can you make a video on closing entries and post closing trial balances please?

[maliahh]

Thank you for this video it makes accounts seem much easier