Accounting 101: Learn Basic Accounting in 7 Minutes!

Welcome to Accounting 101: Learn Basic Accounting in 7 Minutes!

This video teaches the basics of bookkeeping and accounting. It includes details about debits and credits, assets, liabilities, sales and expenses. Examples are provided and a quick description of the chart of accounts, profit and loss statements and the balance sheet is also included.

Create a bookkeeping spreadsheet using Microsoft Excel

Free Bookkeeping and Accounting Course

[jennmullen]

My daughter really struggles with accounting. As smart as she is she just cannot understand it. This really helped. Thanks so much. Keep these up. College kids need them!!!!

[guardiandevil]

I need to start a youtube channel called "explain it to me like I'm 5"

[mandisamvimbeli]

"liabilities are things that you OWE, OWE, OWE..."😂killed me
great video btw, thank you.

[arielswitser]

I just started my accounting 1 course and this helped smooth over any of the rough edges that were tripping me up. Thank you!

[southbrit]

Much as I wanted to like this video, to someone with no experience or context who wants to learn the core principles, words without context in one's own mind like debit, credit said quickly and repetitively left me somewhat bemused. Subbed though as I think your other vids are probably much better.

[suhailsweidi]

I truly admire your efforts, and everything you covered is indeed included in ACCT 101. But your were slightly complex with the examples. I liked it the video and wish to see more of your work.

[ianpower]

BookkeepingMaster: "I'm going to go as quickly as I can"
Me: Sets speed to 1.5x "We'll see about that..."

[khristianshackelford]

Thank you so much this helped a lot just now, HOWEVER it was extremely hard to focus due to the fact that you sound like Harry Styles. Again, Thank you!

[Roopsingh-zezn]

I'm here coming as a year 8 who wants to learn early about accounting and starting a business this is my first time learning and it's pretty easy ❤

[hydrainarms]

When Studying accounting
The 4 most popular words that i noticed are
Debit, credit, Balance sheet.

[clye]

your voice lowkey reminds me of harry styles

[shumaemchishti]

I have been struggling from past one week to learn such things, and now Finally you made me understand in one video.!!

Thank you.

[ruthannetudoc]

I'm an incoming bookkeeping student and i've been watching a ton of accounting videos. This video is helpful, thank you so much! Subbed.

[Letsriseup]

Thank you very mush for this useful video, Big THANKS to you from Morocco

[tanishkkhurana]

My job starts in 10 minutes, this video was a life saver

[urvifood]

i =Ihave watched 5 accounting videos to learn this concept and this is the only one that registered for me

[olivercentury]

First person I see with a respectable audience size to reply to virtually every comment. I don't usually subscribe to anybody, but did just because of that. Thanks for the quick refresh, as I'm heading back in the books after a few years off. Good day to all!

[zakiyarajwani]

Its really good, but you don't have to finish in 5 to 7 minutes. Take your time to explain. It helps. No time restrictions. Thank you so much.

[Phenom]

I'm going to start studying accounting next year and i believe this is a great first step! Thank you for the video!

[georgesmith]

The very best video I have ever seen on debits and credits. I finally got it! Thanks!