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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
Understanding the Aging of Receivables Method
This video explains the aging of receivables method, which is a more detailed approach to estimate the allowance for doubtful accounts. The teacher provides an example of an aging schedule and demonstrates how to calculate the ending...
The Business Professor
What are Assets - Financial Accounting
What are Assets - Financial Accounting
The Business Professor
Notes Receivable - Financial Accounting
Notes Receivable - Financial Accounting
The Business Professor
Examples of Notes Receivables and Journal Entries
In this video, the teacher explains how to journalize entries for notes receivables examples. They provide three different scenarios, each with different start dates and maturity dates, and demonstrate how to calculate and record...
The Business Professor
Accounts Receivable - Financial Accounting
Accounts Receivable - Financial Accounting
The Business Professor
What are Liabilities - Financial Accounting
What are Liabilities - Financial Accounting