The Business Professor
Journal Entries and T Accounts - Trial Balance Example - Part 1 of 2
Journal Entries and T Accounts - Trial Balance Example - Part 1 of 2
The Business Professor
Inventory Recording Systems: Perpetual vs Periodic
In this video, the speaker discusses two different inventory systems that companies can use to record their merchandise transactions - perpetual and periodic. The speaker gives examples of how a car dealership may use the perpetual...
The Business Professor
Recognize Inventory Sales - Journal Entries
Recognize Inventory Sales - Journal Entries
The Business Professor
Processing Transactions - Journals and T Tables - Accounting
Processing Transactions - Journals and T Tables - Accounting
The Business Professor
Ch9. Video 9 - Employer Payroll Tax example
Employer Payroll Tax (Accounting) example
The Business Professor
Notes Payable Example: Journalizing and Accounting for Interest
In this video, the teacher explains how to journalize and calculate the relevant events for a notes payable example. They provide three different examples, including one that spans multiple years, one that occurs within one year, and one...
The Business Professor
Ch8. Video 9 - Units-of-Production Method example
Units-of-Production Method example
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
Ch8. Video 17 - Revenue and Capital Expenditure example
Revenue and Capital Expenditure (Accounting) example
The Business Professor
Ch8. Video 14 - Changes in Estimates example
Changes in Estimates (Accounting - Inventory) example
The Business Professor
Ch8. Video 11 - Declining-Balance Method example
Declining-Balance Method example
The Business Professor
Sale of Inventory - Intermittent Weighted Average
Intermittent Weighted Average example
The Business Professor
Ch4. Video 8 - Accounting Cycle for Merchandising Business Example Part 1
Ch4. Video 8 - Accounting Cycle for Merchandising Business Example Part 1
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
The Business Professor
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
Ch3. Video 12 - Closings:Post-Closing Trial Balance Example
The Business Professor
Inventory Costing: Understanding FIFO Method
In this video, the teacher explains the concept of FIFO (First-In, First-Out) method for inventory costing. They go through the journal entries and calculations step by step, showing how to determine the cost of goods sold and ending...
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.
The Business Professor
Deferred Expenses: Types and Adjustments
This video is part of a series on accounting adjustments and discusses deferred expenses, specifically prepaid rent and supplies. The video defines deferred expenses and explains how they are assets paid in advance of receiving their...
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...
The Business Professor
Chapter 9 - Accounting for Warranties Example
Professor AJ Kooti provides an example of how to Account for Warranties in his financial accounting course.
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.