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1
Debits and credits DC ADE LER
2
Accounting equation explained
3
Debits and credits explained
4
Double entry accounting explained
5
Balance sheet and income statement relationship
6
Accruals explained
7
Prepaid expenses explained
8
Prepaid expense examples
9
Suspense accounts explained
10
Depreciation explained
11
History of accounting
12
What is a general ledger
13
US GAAP vs IFRS
14
Trial balance explained
15
T accounts explained
16
Current assets and current liabilities
17
Cost Of Goods Sold (COGS) explained
18
Income statement explained
19
BALANCE SHEET explained
20
Closing entries in accounting
21
Accrued revenue
22
Accrued revenue vs deferred revenue
23
Adjusting entries
24
Trial balance vs balance sheet
25
What is gross profit
26
Average cost inventory method
Description:
Learn the fundamentals of accounting in this comprehensive 3-hour 30-minute video series. Explore key concepts such as debits and credits, the accounting equation, double-entry accounting, and the relationship between balance sheets and income statements. Dive into topics like accruals, prepaid expenses, suspense accounts, and depreciation. Gain insights into the history of accounting, general ledgers, and the differences between US GAAP and IFRS. Master essential accounting tools including trial balances, T accounts, and closing entries. Understand crucial financial concepts like current assets and liabilities, Cost of Goods Sold (COGS), gross profit, and inventory valuation methods. This series provides a solid foundation for beginners and a valuable refresher for those looking to reinforce their accounting knowledge.

Accounting 101

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