Financial Accounting

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Accounting Resource Outline • https://1drv.ms/u/s!Ap8mLpFX7uo9qXzwZ... • Playlists-Financial Accounting - Subtitles in playlist vids. • http://bit.ly/2G7BGr4 • Links in video • Financial Accounting Overview: • 0:17 Why Learn Accounting • https://bit.ly/2KxN3y5 • 19:58 Accounting Objectives • https://bit.ly/2GjQILJ • 29:22 Accounting Equation • https://bit.ly/2Gch1lz • 44:36 Balance Sheet • https://bit.ly/2GjQPXF • 1:01:58 Income Statement • https://bit.ly/2X1ZUcY • 1:15:22 Statement of Equity • https://bit.ly/2Ua7KQ9 • 1:26:11 Balance Sheet Income Statement Relationship • https://bit.ly/2USlAee • 1:49:58 Cash Method vs Accrual Method • https://bit.ly/2P4WNhX • 2:06:17 Ethics Profession • https://bit.ly/2VOhssQ • 2:22:19 Financial Transaction Rules • https://bit.ly/2UWbsB6 • 2:36:07 Financial Transaction Thought Process • https://bit.ly/2P3BwVC • 2:48:01 Cash Transactions • https://bit.ly/2X7y9jg • 3:04:24 Accounts Receivable Transactions With Accounting Equation • https://bit.ly/2GchPqB • 3:14:50 Accounts Payable Transactions with Accounting Equation • https://bit.ly/2IlGNaT • Debits and Credits Financial Transactions • 3:40:12 Debits Credits • https://bit.ly/2GcyGcU • 3:56:01 Rules for Using Debits Credits • https://bit.ly/2v3nDxE • 4:14:28 Transaction Thought Process • • Financial Accounting • 4:28:08 Trial Balance • https://bit.ly/2VFg8bL • 4:43:10 Cash Journal Entries with Debits and Credits • https://bit.ly/2v3nL06 • 5:01:11 Accounts Receivable Transactions Using Debits and Credits • https://bit.ly/2UYffOI • 5:11:16 Accounts Payable Transactions Using Dr and Cr • https://bit.ly/2Iw2swi • 5:33:44 General Ledger • https://bit.ly/2VM3qbz • Adjusting Entries: • 5:48:11 Accounting Cycle Steps in The Accounting Proc • https://bit.ly/2GcyVVm • 5:58:24 Types of Adjusting Journal Entr • https://bit.ly/2P43mkP • 6:15:33 Adjusting Journal Entry Rules • https://bit.ly/2D9B97m • 6:20:16 Why Use Worksheet in Adjusting Proc • https://bit.ly/2UZaZhX • 6:31:29 Adjusting Journal Entries Thought Process • https://bit.ly/2UzwXby • 6:42:42 Adjusting Entries • https://bit.ly/2UA4HWi • 6:47:54 Adjusting Entries Unearned Revenue • https://bit.ly/2KxLZKF • 6:52:40 Adjusting Entries Wages or payroll • https://bit.ly/2DbgwYx • 6:58:06 Adjusting Entry Accounts Receivable or income or revenue • https://bit.ly/2Z9Lf1d • 7:03:27 Adjusting Entries Insurance • https://bit.ly/2Z94FU0 • 7:09:48 Adjusting Entries Depreciation • https://bit.ly/2KtHEI3 • 7:14:58 Reversing Journal Entries – Accrued Revenue • https://bit.ly/2P3DWDG • 7:24:12 Balance Sheet Current Assets From Trial Balance • https://bit.ly/2D9we6s • 7:28:14 Balance Sheet Property Plant and Equipment from Trial Balance • https://bit.ly/2VJQ7bq • 7:33:31 Balance Sheet Liabilities • https://bit.ly/2UPPlwp • 7:37:33 Balance Sheet Equity Section • https://bit.ly/2Dd6Yft • 7:44:00 Income Statement From Trial Balance • https://bit.ly/2Z8GMMs • 7:53:13 Statement of Equity From Trial Balance • https://bit.ly/2UPPEY5 • 8:02:12 Financial Statement Relationship • https://bit.ly/2GckXTn • Closing Process • 8:08:29 Accounting Cycle • https://bit.ly/2X60pTy • 8:18:31 Closing Process Explained • https://bit.ly/2DaEjYp • 8:25:51 Post Closing Trial Balance • https://bit.ly/2X5P71B • 8:29:56 One Step Closing Process • https://bit.ly/2IzKXex • 8:41:46 Two Step Closing Process • https://bit.ly/2KxneOo • 8:52:40 Four Step Closing Process – Step one • https://bit.ly/2KtIF2P • 8:56:33 Four Step Closing Process – Step Two • https://bit.ly/2Z6PdIa • 9:02:21 Four Step Closing Process – Step Three • https://bit.ly/2Z7EJbv • 9:07:51 Four Step Closing Process – Step Four • https://bit.ly/2v0QqCX • 9:15:17 Post Closing trial Balance Financial Statements • https://bit.ly/2UwSgKZ • Merchandising Transactions – Transactions With Inventory • 9:21:39 Accounting Cycle for Merchandising Company • https://bit.ly/2Pbd7Oc • 9:24:56 Perpetual Inventory System • https://bit.ly/2Z7YGz2 • 9:43:32 Periodic Inventory System • https://bit.ly/2IdU4SF • 10:06:02 Perpetual vs. Periodic Inventory Systems • https://bit.ly/2UhoNQ8 • 10:22:52 Merchandising Transactions – Purchaser and Seller • https://bit.ly/2ZaA8FE • 10:28:45 Purchases of Inventory Journal Entry • https://bit.ly/2DaBNBF • 10:34:01 Sale of Inventory Journal Entry – Perpetual Inventory Method • https://bit.ly/2IwEFvZ • 10:41:13 Sales Discount Vs Purchases Discount • https://bit.ly/2D9d9kG • 10:46:52 Purchase Discount Journal Entry • https://bit.ly/2UabvVL • 10:53:27 Sales Discount Journal Entry • https://bit.ly/2D9DDmc • 11:00:45 Inventory Shrinkage • https://bit.ly/2G8H2SU • 11:09:51 Sales Returns and Allowances Transaction • https://bit.ly/2UQ7E4G • 11:25:51 Income Statement Introduction • https://bit.ly/2Uy413R • 11:32:47 Financial Statements for a Merchandising Company • https://bit.ly/2ZbvMxE • More Info: • Financial Accounting #2 – Inventory Flow (FIFO, LIFO. . . ), Subsidiary Ledgers (AR AP), Cash Bank Reconciliations, Allowance method (AR), Depreciation • Financial Accounting #2 - Intermediat... • Financial Accounting #3 – Payroll, corporate accounting, partnerships • Financial Accounting 3 - Accounting C... • Financial Accounting #4 - Bonds, Notes Payable Statement of Cash Flows • Financial Accounting #4 - Bonds, Note...

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