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Trump Organization and top financial executive charged with tax crimes over fringe benefit scheme
On Thursday New York prosecutors released a 15-count indictment sheet charging the Trump Organization and its chief financial officer, Allen Weisselberg, with the crime of “scheme to defraud in the first degree.”
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Difference between Capital, Revenue and Deferred Revenue Expenditure
In this video we are teaching what is the difference between capital, revenue and deferred revenue expenditure
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Understanding Cash Flow Statement: Categories and Presentation
In this video, the teacher explains the concept of cash flow and the three categories in which cash flows are classified: operating activities, investing activities, and financing activities. The teacher provides examples and discusses...
MarketWatch
What happens to unemployment benefits without a new stimulus?
The CARES Act has offered financial relief to Americans impacted by the pandemic, but as the year comes closer to an end, so do these benefits. Here's how to prepare your finances if Congress doesn't extend the benefits.
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Accounting Principles 4
We will see why do we need to follow the dual aspect concept in accounting and what is the difference between single entry system and double entry system.
MarketWatch
How to protect your 401(k) during the Coronavirus-driven market crash
Panicking about the recent global stock-market selloff? Here are 3 steps you can take to protect your retirement savings.
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Basic Accounting Transactions of Consignment
In this video, the teacher explains the basic accounting transactions involved in consignment. They outline the 10 common steps or transactions that occur in almost all consignment scenarios, including sending goods on consignment,...
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Financial Statements - Part 1
In this video we will learn the need to prepare financial statements or final accounts and the format in which it is made. The different components and differences are explained.
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Basic Accounting Terminology
In this video we will be teaching howtransactions are divided into Assts, goods and expenses recorded under accounts. Assest are long term while goods are for resale. Buying goods have cash purchases and credit purchases. Selling goods...
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Introduction to Final Accounts of Manufacturing Concerns
In this video, the teacher introduces the concept of final accounts for manufacturing concerns. Using an example of a wooden sofa set manufacturer, the teacher explains the different expenses involved in the production process and...
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Understanding Types of Expenses and Their Impact on Revenue
In this video, the teacher explains how expenses can also help in generating revenue. They discuss different types of expenses, including capital expenditure, revenue expenditure, and deferred revenue expenditure. The teacher also...
Curated Video
Mastering Swift 2 Programming (Video 7)
Swift 2 is a multi-paradigm programming language that has expressive features familiar to modern functional languages, and does not forget the object-oriented features of Objective-C. Things that took a block of code in Objective-C are...
AllTime 10s
10 Billion Dollar Companies That Are Secretly Going Bankrupt
Could Uber be about to take its last ride? Is Twitter about to stop Tweeting? Alltime 10s looks at 10 companies that are seriously struggling in the modern economic climate, and may just be on the verge of extinction.
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Consignment Accounting Problem Solving: Solving a Case Study with Versus Deviant and Harry
This video explains the consignment accounting problem involving Versus Deviant company and Harry. It covers the preparation of Consigners account, Consignment account, and includes concepts such as loading, stock reserve, Commission,...
The Business Professor
Authority of Debtor in Possession to Secure Post-Petition Financing
Authority of Debtor in Possession to Secure Post-Petition Financing
The Business Professor
Ch9. Video 9 - Employer Payroll Tax example
Employer Payroll Tax (Accounting) example
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Single Entry System and Partnership Firm Profit Calculation
In this video, the teacher explains how to calculate the net profit or net loss for a partnership firm using the single entry system. The teacher walks through the example step by step, showing how to prepare the statement of affairs and...
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How to Derive Bank Summary from Financial Statements
In this video, a teacher guides viewers through the process of creating a cash and bank record for a client who has misplaced their cash book. Using balance sheets and additional information provided, the teacher demonstrates how to...
The Business Professor
Ch4. Video 10 - Accounting Cycle for Merchandising Business Example Part 3
Ch4. Video 10 - Accounting Cycle for Merchandising Business Example Part 3
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Understanding Provisions and Reserves: Lessons from Mom and Business
The video explains the concepts of provisions and reserves in business and relates them to how a household budget is managed by a mother. It provides examples of different types of provisions and reserves and their characteristics. The...
The Business Professor
Accrued Expenses - Financial Accounting
Accrued Expenses - Financial Accounting
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Provision & Reserves
Through this session you will understand why provisions and reserves are made and what is the difference between the two. Also we will see the different types of reserves.
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Consignment Accounting Problem Solving: Accounting for Consignment Sales with Commission and Security Money
This video discusses the consignment of goods by rail to Sahil for sale, including Sahil's commission and security money. It also covers the calculation of commission, closing stock, and profit, as well as the adjustment of security...