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Basic Accounting Principles and Concepts for Small Businesses
This video is a beginner's guide to basic accounting principles, using a grocery store business as an example. It covers concepts such as the entity concept, going concern concept, and the importance of maintaining proper records for...
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Introduction to Basic Accountancy Terminologies
In this video, we learn about the basic terminologies used in accountancy. We explore concepts such as capital, assets, goods, purchases, sales, creditors, debtors, and expenses. Understanding these terms is essential for effective...
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Introduction to Consignment Accounting: Basic Accounting Transactions of Consignment
Introduction to Consignment Accounting part 5/10: The video explains the basic accounting transactions of consignment, covering 10 common steps that are essential to understand. The teacher goes through each step, including sending...
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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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Basic Accounting Terminology
In this video, we discuss various accounting terminologies such as books of accounts, purchases and sales returns, profits, gains, and losses. We also cover terms like discounts, receipts, assets, liabilities, and stock/inventory.
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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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Accounting principle 1
In this video we learn about basic accounting principle and its need,also explain the what are the needs for principle,new thing is you learn in this session is that GAAP,Entity Concept,Going cocern concept
Curated Video
Understanding Financial Statements and Accounting: Crash Course Entrepreneurship
Honestly, “spreadsheets” are kind of the vegetables of the business world -- the very idea of them makes some people queasy. But that’s ok! They can be intimidating, but they’re not impossible to understand. Today we’re going to learn to...
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Introduction to Accounting
The video is about the importance of maintaining records and accounting in business, using the example of two entrepreneurs - one who didn't keep records and struggled, and one who did and was able to make informed decisions about his...
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Accounting Test time Journal Entries
Here we come with a Short Interactive Quiz on "Journal Entries" from our new & exciting series "Accounting Test Time" Please comment your scores in the comment section below.
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Accounting Test Time Profit Sharing Ratio
Check out our interesting video on "Profit Sharing Ratio" Here is a short interactive video on "profit sharing ratio" from our interesting series "Accounting Test Time".
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Steps to Prepare Final Statements in Accounting Cycle
This video explains the steps to prepare final statements in accounting, including collecting data, recording and transferring, and finalizing. It also covers the importance of checking for errors and adjustments, and provides an...
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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.
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Introduction to Consignment Accounting: Basic Journal Entries
Introduction to Consignment Accounting part 6/10: This session covers the basic journal entries and ledger accounts for consignment accounting, including settlement with the consignee and closing stock valuation. It emphasizes the...
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Accounting Test Time: Classification of Accounts
This is a quick quiz on classification of accounts in accounting.
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Accounting Test Time Financial Statements
A Quick Review on "Financial statement 02". Entertaining yet educational, Accounting Test Time #08 gives you a quick glimpse into your, sense of right and wrong answers relating to questions on " Financial Statement" .
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Accounting Test Time Bank Reconciliation Statement - Part 1
Bank Reconciliation Statements is a statement that explains the difference between the bank balance shown by the bank in the bank statement/passbook and the bank balance recorded by the owner in his cash and bank book. LetsTute is...
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Accounting Test Time
A Quick Review on Rectification of Errors. LetsTute is introducing an exciting series in Accountancy, named, "Accounting Test Time"
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Introduction to Ratio Analysis in Accountancy
In this video, the teacher introduces the concept of ratio analysis in accounting. They explain the four main categories of ratios - liquidity, leverage, activity, and profitability - and how they can be used to analyze a company's...
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Accounting Test Time Accounting Cycle
Do you have any difficulty or problem in the process of "Accounting cycle" ? Here is a quiz that will help you to learn and understand it better. Please comment your scores in the comment section below.
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Introduction to Partnership Firms and Accounting for Partnerships
This video explains the basics of accounting for a partnership firm, including profit and loss sharing, interest on capital, and presentation of capital accounts.
The Business Professor
Recording Accounts Receivables and Credit Card Transactions
The video discusses the recording of accounts receivables and the different types of recognition involved. The instructor reviews the basic procedure for recording sales on credit and then goes on to discuss credit cards as a different...
The Business Professor
Introduction to Small Business Accounting Processes
In this video, the speaker discusses the essential accounting processes that small businesses need to have in place. They emphasize the importance of bookkeeping, operational accounting, payroll accounting, and tax accounting. The...
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Introduction to Consignment Accounting: Definition and Process
Introduction to Consignment Accounting part 1/10: In this session on consignment accounting, we are giving a clear idea about what is consignment and how its process works.
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