Transaction Analysis using the Accounting Equation

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In this video, I demonstrate how to perform transaction analysis using the accounting equation. We work with the accounting equation to keep it in balance and we review how to use the accounting equation to generate the numbers for your balance sheet. We also review assets, liabilities, and equity. There are 11 sample transactions we analyze.
  1. Kristin Ingram
  2. Transaction analysis using the accounting equation
  3. transaction analysis
  4. accounting equation
  5. financial accounting
  6. accounting
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Комментарии
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this was great! taking an accounting class and you broke it down better than my professor! thank you so much. you should make more videos

thebohemianstoner
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Brilliant vid. I was looking for a way to present transactions across each account type and this nails it. Thank you:)

soultrap
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I'm in my second week of accounting and struggling with this concept. Thank you for your clear demonstration <3

marm.
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This example made my day. Thanks a lot

priyankadutta
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thank you so much it's easy for starters to understand faster.

ismailismaili
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how did you format the automatic total when you put in the amounts?

LAUGH-LEARN-AND-GROW
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Another Great video, I just wanted to know if you have any video on outstanding debt and how you would deal with it on the income statement.. I have been trying to find videos on that subject. Also do you have a patreon.

margodarden
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Awesome video. Do you have a tutorial on how to create this layout format??

shaionda
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Can you please make a video on how did you set up this format? I badly need it thank you so much!

centizgwapo
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I would love to learn how you set up your excel spread sheet

thebohemianstoner
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isn't the supply suppose to be on the side of asset ? because i was studying and i saw on multiple questions that supply is under asset but you did it under equipment and i am confused now

bethelsolomon
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Hi teacher:- i have a doubt ( piecemeal distribution of cash among partners) topic, How can I solve my queries???

righttolearnrighttolearn
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Could you explain for me, why should reduce overhead costs from Retained Earnings?

barhamkhalidhassan
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hello. can you share this template ? excel format

AISYAHRUSLAN-przd
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Supplies are usually classified as a current asset.

barhamkhalidhassan
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I'm in my second week of accounting and struggling with this concept. Thank you for your clear demonstration <3

mdarafatkhan