The Business Professor
Complete Accounting Cycle - Financial Accounting - Part 3 of 3
Prof. AJ Kooti explains the accounting cycle. This video is part 3 of a 3 part series.
The Business Professor
Chapter 8 - Units of Production Method of Depreciation Example
Professor AJ Kooti explains the Units of Production Method of Depreciation in his financial accounting course.
The Business Professor
Ch2. Video 8 - JE and T-Account:Trial Balance Example Part 1
Ch2. Video 8 - JE and T-Account:Trial Balance Example Part 1
The Business Professor
Ch5. Video 13 - Intermittent WA example
Ch5. Video 13 - Intermittent WA example
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Dissolution of Partnership Firm with Insolvent Partner
In this video, the teacher explains how to solve a question on the dissolution of a partnership firm with an insolvent partner. They go through the process step by step, including closing the balance sheet, transferring assets and...
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Understanding the Procedure and Accounting Entries for Issuing Debentures
In this video, the teacher explains the procedure for issuing debentures and how it is accounted for. The video covers the steps of issuing debentures, including inviting applications, issuing letters of allotment, and refunding money on...
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Introduction to Journal
This video explains the importance of journal and how to record different business transactions in it.
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Understanding GST: Reversal, Payable Setoff, and Reverse Charge Mechanism
In this video, the teacher discusses the solutions to previous exercises on calculating GST amounts and passing journal entries. They explain the concepts of intrastate and interstate transactions, input and output GST, and the reversal...
The Business Professor
Accounting for Inventory - Specific Identification Method - Example
Professor AJ Kooti provides a detailed examples of how to use the specific identification method for accounting for inventories.
The Business Professor
Chapter 8 - Declining Balance Method of Depreciation Example
Professor AJ Kooti explains the Declining Balance Method of Depreciation in his financial accounting course.
The Business Professor
Chapter 8 - Straight Line Depreciation Method example
Professor AJ Kooti explains the Straight Line Depreciation Method as part of his financial accounting course.
The Business Professor
Closings in Accounting - Post-Closing Trial Balance
Accounting Closings - Post-Closing Trial Balance Example
The Business Professor
Accounting for Special Merchandizing Transactions
In this video, the teacher discusses special merchandising transactions that occur in merchandising businesses. They focus specifically on transactions related to purchasing, such as purchase returns and sales, allowances, and purchase...
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How to post in LEDGER from JOURNAL
Covers need for ledger, format, posting of transactions in ledger & balancing ledger accounts.
The Business Professor
Journal Entries and T-Account - Trial Balance Pt 2
Journal Entry and T-Account for Trial Balance Example Part 2
The Business Professor
Ch8. Video 17 - Revenue and Capital Expenditure example
Revenue and Capital Expenditure (Accounting) example
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Mistakes to Avoid in Journal Entries
In this video we will be teaching about Journal entries and it's importance so you don't make mistakes 1. Ledger folio column 2. Analyse accounts affected, classify the accounts, apply the rule of Debit and credit 3. Domn't forget to...
The Business Professor
Processing Transactions - Journals and T Tables - Accounting
Processing Transactions - Journals and T Tables - Accounting
The Business Professor
Ch5. Video 11 - Intermittent FIFO example
Intermittent FIFO or First in First Out example
The Business Professor
Accounting for Inventories - Lower of Cost or Market - Example
Professor AJ Kooti provides a detailed examples of how to value inventories using the Lower of Cost or Market method.
The Business Professor
Accounting for Inventory Sales - Intermittent FIFO example
Professor AJ Kooti provides a detailed examples of how to account for sales of inventory using the Intermittent FIFO method.
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Recording Journal Entries into Ledgers: Understanding the Accounting Process
This video explains the importance of ledgers in the accounting process and demonstrates how to record journal entries into ledgers. It also shows how to close each account and prepare for the next accounting period.