Accounting teachers need to learn from this smart young man !!! Why they dont teach like this?!!!!
@mentalmoneypodcast
2 ай бұрын
OMG, I was just coming here to say this. and I NEVER leave comments on KZitem videos. I'm learning about this for something outside of an accounting degree, but if everyone taught like this, I would've studied accounting. Cheers James!
@tokolloramalepe
Жыл бұрын
I Found A Gem Right Here. This channel is an Asset.❤
@mariafatimataylor4746
4 жыл бұрын
Amazing how clear you explain everything, the video editing is also the best. Such a talent!
@AccountingStuff
4 жыл бұрын
Thanks for your kind words!
@PeterHarveyUK
2 жыл бұрын
I agree.
@nabahathabdhullah3597
2 жыл бұрын
yes i agree great job
@randomdosing7535
5 жыл бұрын
Your stuff is really high end. Carry on man your work will pay off
@AccountingStuff
5 жыл бұрын
Cheers mate!
@randomdosing7535
5 жыл бұрын
@@AccountingStuff tomorrow is my job interview in central bank. Though I have no accounting or financial education background. Any tip or trick?
@AccountingStuff
5 жыл бұрын
Hey, am I too late? How did the interview go? My advice is to relax as much as possible. Try to be present and connect with the interviewer. Good luck!!
@randomdosing7535
5 жыл бұрын
@@AccountingStuff I think I did it horrible. Totally nervous. I knew each and every thing they asked and answered them rather jittery way. BTW thanks for your response.
@AccountingStuff
5 жыл бұрын
@@randomdosing7535 Sorry to hear that. Hopefully it didn't go as bad as you think! I have bombed a few interviews in the past. It has helped me to think of them as learning experiences. What do you think went wrong, and how can you prepare for it next time?
@MMNNLL2468
2 жыл бұрын
8 years of studying accounting and just now that I get it 😅 thank you so much for the helpful video!!
@jasonkatz6067
3 жыл бұрын
This man is literally carrying my grades, thank you!
@AccountingStuff
3 жыл бұрын
No worries, hope it's all going well!
@sapsalingpusacattalkmaykwe1556
2 жыл бұрын
Same as mine. I got the solving thanks to this man. Genius.
@zobair2898
4 жыл бұрын
My most preferred you tube teacher for accounting !
@AccountingStuff
4 жыл бұрын
Wooo, thanks buddy!
@ridozeindytaadicandra6417
3 жыл бұрын
This channel literally change the way accountants see accounting, i never had a creative mindset to see accounting like you sir. Keep up the good works!
@AccountingStuff
3 жыл бұрын
Thanks Rido!
@hanhan-ch2ll
Жыл бұрын
Currently preparing for my first exam for ACCT 2101, you're a lifesaver!!!
@AccountingStuff
Жыл бұрын
Good luck!!
@amitferman4723
3 жыл бұрын
This is just what I was looking for. My profs defined debit as "left" and credit as "right" and asked us to memorize it. Great explanation!
@AccountingStuff
3 жыл бұрын
Thanks Amit!
@thamzhiyong3161
3 жыл бұрын
That definition is kinda what professors only remember
@roslynpaige4442
Жыл бұрын
I wonder, are profs even accountants? How can they teaching accounting if they aren't' even an accountant themself
@filopride619
2 жыл бұрын
I love this channel! Going from nursing to accounting in about 2 months helped me become incredibly confident in how to do this whole new career for me, and I am loving every minute of it thanks to you James. Can't wait for more content from you, keep up the awesome work!
@landonwilliams610
Жыл бұрын
I went from nursing to accounting too! People look at me with so much confusion when I tell them hahaha
@filopride619
Жыл бұрын
@@landonwilliams610 Yeah me too! They get very confused as to why and I just say, "people destroy themselves easier financially than physically". So I want to help prevent that.
@twinnyinnocent5741
6 ай бұрын
same here
@TheElkster
Жыл бұрын
I've just finished my AAT Level 2 course (and passed, thankfully!) and am about to start Level 3, which talks about Accruals and Prepayments.... I had a quick peek in the Tutorial book and sort of understood what they were talking about - but your easy to understand - and very likeable way in which you explain, has really helped me to see 'how' all the transactions are posted in T-Accounts (as I use an Excel spreadsheet for my accounts currently! Thanks for taking the time to post... I will be be making time to watch (and like) all of them!!!!!!!!! :D
@AA-xk4qu
3 жыл бұрын
I've been searching for this whole day. You have covered the end bit when invoices receive what you should do. Thank you so much x
@AccountingStuff
3 жыл бұрын
No worries, hope you found it useful!
@lindaxiong7588
5 жыл бұрын
Can you do a video about contra- accounts
@kaceykleineck
4 жыл бұрын
I am two months into my first accounting class. Your videos are easy to follow and understand, unlike my instructor. Amazing job! Thank you tremendously
@AccountingStuff
4 жыл бұрын
Cheers Kacey!
@marveloussuperboy6370
Жыл бұрын
Heck same
@car-journeys
3 жыл бұрын
probably best accounting videos on YT. and as an accountant I've seen a lot of them. loving it.
@AccountingStuff
3 жыл бұрын
Thanks!!
@muhammadanwarulhaq5128
2 жыл бұрын
You really have no idea how amazingly you make the concepts looks so very easy. You really are wonderful tutor with great in-depth knowledge & have awesome way to teach. ❤️ Thank you 🙏
@milanpintar
3 жыл бұрын
I can tell that you got together for a laugh with your friends and come up with the exaggerated accentuations, but it's a great idea, working well. I even bought all your help sheets.
@AccountingStuff
3 жыл бұрын
Thanks for your support!! All the best :)
@emilee2588
4 жыл бұрын
Your videos are the easiest to follow that I've seen. Thank you for making these!!!!
@AccountingStuff
4 жыл бұрын
Cheers! I'm happy to help :)
@christinaahn1887
3 жыл бұрын
Never seen anyone make learning as fun as you do! Thanks for the great video.
@AccountingStuff
3 жыл бұрын
Cheers Christina, hope it helped!
@gariellesamaniego9946
4 жыл бұрын
thank you for making me enjoy in learning more in accounting rather than being exhausted as I suck up these things in my head.
@AccountingStuff
4 жыл бұрын
No worries, I'm happy to help!
@Ddstairclimber
4 жыл бұрын
dude I give you credit, your channel makes a good attempt at making accounting cool, if that is ever possible
@AccountingStuff
4 жыл бұрын
Haha, thanks!
@thomasnithin21
4 жыл бұрын
Lockdown marathon update: 27 videos watched 10 videos left to go. Phew
@kingtigercrownestate9102
5 ай бұрын
Are you in the penitentiary? How did you get locked up?
@GraceCreatesLivingSpace
2 ай бұрын
@@kingtigercrownestate9102bro, COVID lockdown
@angelina9505
4 жыл бұрын
Thanks for explaining it in detail and simple to understand! I've been struggling trying to understand other tutors, but your explanation is to the point and very clear! You have the potential to become an accounting lecturer!
@AccountingStuff
4 жыл бұрын
Great to hear it's making sense, thanks Lana!
@hi-vx4lk
4 жыл бұрын
If you ever are a tutor online I want to sign up 😉
@isaaclaci7147
10 ай бұрын
I cannot thank you enough for this video. When you talked about the two accounting triggers, the context made sense. I agree with all the comments, you are a Star !!!!!
@AccountingStuff
10 ай бұрын
Great to hear it's making sense :)
@lewis9599
5 жыл бұрын
Thank you so much for all your videos, by far the most informative and high quality out there.
@AccountingStuff
5 жыл бұрын
Cheers Lewis :)
@mariannamarianna2319
Жыл бұрын
Thank you! This is the best accrual video ever! Not only it is clear but it also goes beyond the basics :)
@ilayda9067
4 жыл бұрын
You've explained everything very clearly as always. Thanks a lot!
@Paranav375
4 жыл бұрын
These videos perfectly sync with my lecture content! Thanks so much for making these videos to such a high standard!
@AccountingStuff
4 жыл бұрын
Best of luck with your studies!
@alexshifler7586
2 ай бұрын
I always knew gift cards were liabilities however these videos actually made it make sense since a gift card is a prepaid expense.
@shiwalitate55
Жыл бұрын
your KZitem videos are awesome and it's very easy to understand, It helped me a lot as I never understood accrual and now I am sure what is exactly accrual means and entries. one more thing- you told about the word 'DEALER' in your earlier videos that's also very easy to understand and while doing journal entries I am applying this logic. Please keep posted this kind of videos and you are wonderful tutor. Thanks again sir .
@cassierabe2491
2 жыл бұрын
I really love and appreciate how you presented the topic! Salamat! From The Philippines.
@sweetshado1871
4 жыл бұрын
Thank you so much.. this really helps a lot.. I liked the method you used in this video it's very clear and easy to understand.
@kennedysanders9784
3 жыл бұрын
I have my accounting midterm tomorrow and these videos are reallyyyyy helping me understand the material!
@AccountingStuff
3 жыл бұрын
Good luck!!!
@prudenceinoni4690
Жыл бұрын
I love this tutorial is very clear to me. understandable than any other tutorials..❤❤❤
@aloadoftrash2634
3 жыл бұрын
Great video, you explain things well and the editing is very nice too! This helped me understand it better rather reading the textbook which is really boring. I watched each video in the series, great work
@AccountingStuff
3 жыл бұрын
Thanks! Great to hear it's making sense :)
@100AcreWoodz1
5 жыл бұрын
I have been grinding these videos for the past week. You are so much appreciated my man. Thank you!!!
@AccountingStuff
5 жыл бұрын
No worries Timothy!
@littlemagicpenguin9576
5 жыл бұрын
Hey I haven't watched your video for a while, but I still love it so much. Keep on it! Surely recommending it to people I know struggling with accounting!
@AccountingStuff
5 жыл бұрын
Thanks, that would be much appreciated! I'm working on some new videos as we speak
@tiitus.crawford4025
2 жыл бұрын
Your videos really help me understand my accounting textbook. Thanks.
@Sarah-ms6uh
3 жыл бұрын
I don’t understand anything in school, this will definately help me get a good grade in account.. bless you !✨❤️
@AccountingStuff
3 жыл бұрын
You've got this!! Best of luck :)
@James-ip5gz
4 жыл бұрын
Your videos are always so helpful. I have a quick question about 9:28. You said invoices are accounting triggers but if I'm not using automatic accounting software and inputting the water bill invoice manually into the GL, could I just use the journal entry below instead of overstating Utilities Expense by 100 and then having to correct it? Thank you. Debit Utilities Expense - 53 Debit Accrued Expenses - 100 Credit Utilities Payable - 153
@doantrangtrannguyen31
2 жыл бұрын
This is amazing!!! your 10mins video explains the same thing that my CPA 500 pages book does!!
@PEbro34
3 жыл бұрын
Just purchased all of your cheat sheets! Wanted to support my virtual accounting professor lol, keep up the great work!
@AccountingStuff
3 жыл бұрын
Cheers Juan! Thanks for your support :)
@tamersite
3 ай бұрын
Amazing work! You do an excellent job explaining these concepts!!
@AccountingStuff
3 ай бұрын
Thanks, glad you enjoyed it!
@kavyasharma6358
3 жыл бұрын
I just love you man . I understood very clearly. I have been struggling for a long time.. so much love and strength to you.❤️
@AccountingStuff
3 жыл бұрын
Great to hear it's making sense :)
@veronicadeleon1964
3 жыл бұрын
i think its great you sell these cheat sheets, thank you they are great! Keep posting those videos Handsome!
@Precocity12
Жыл бұрын
This channel is very essential it build up my knowledge. Please sir I need economy from a to z
@perriwallace8639
3 жыл бұрын
💛 thank you! I’ve finally stopped banging my head against the desk
@AccountingStuff
3 жыл бұрын
No problem, hope it helps!
@ArsenicCriminal
4 жыл бұрын
thank you so much for this. So accurals are accounting tools to account for when an expense is accured but not paid. And their purposes are so that the financial statements are more accurate :)
@AccountingStuff
4 жыл бұрын
Pretty much! But be careful because 'Accrual' can also mean 'Accrued Revenue' so the definition is broader than Expenses
@TheRobbo007
5 жыл бұрын
You’re actually helping me rekindle my love for accounting. Thanks mate!
@AccountingStuff
5 жыл бұрын
That's great to hear!
@lorraineuy
3 жыл бұрын
You're such a light to this world
@iditah
Жыл бұрын
Excellent explanation. Many thanks for your easy way of let one understand.
@AccountingStuff
Жыл бұрын
Thank you thank you
@HOMEFOODMANIACS
5 жыл бұрын
My accounting guru(teacher) 💕
@AccountingStuff
5 жыл бұрын
Hey Munesh!
@HOMEFOODMANIACS
5 жыл бұрын
Accounting Stuff what’s up you are rocking the channel
@AccountingStuff
5 жыл бұрын
@@HOMEFOODMANIACS Yeah the channel is growing nicely these days. Just focussing on putting out a new vid each week. It's easier said than done! How are things with you?
@HOMEFOODMANIACS
5 жыл бұрын
Accounting Stuff thumbnail is also good
@AccountingStuff
5 жыл бұрын
@@HOMEFOODMANIACS Thanks mate!
@cristinamarrone8515
4 жыл бұрын
Excellent explanation, I am an italian bookkeeper but the rules are the same and it has helped me so much !
@AccountingStuff
4 жыл бұрын
Thank you! Yes, these basic principles are universal
@vikash545848
3 жыл бұрын
Thanks for this detail video..you go to the indepth concept so we are able to understand it clearly.
@AccountingStuff
3 жыл бұрын
No problem, happy to help :)
@thasleeminthash4435
5 жыл бұрын
Godddddd your amazing .. thanks a lot for making me get this ....... finalllllllyyyyy .... got this accrued thing into my head
@AccountingStuff
5 жыл бұрын
Hey Thasleem! Thanks, glad to hear it's making sense for you!!
@dreambig9444
Жыл бұрын
Holy fuckin shit this is the only accrual video on youtube that actually makes sense. Thank you!!!!
@oscarjim570
Жыл бұрын
You are wonderful.Your explanation is very impressive.Thanks so much .
@hayleynonu3974
Жыл бұрын
Thank u sm for your great works and efforts you put into this video helping me so much for further exams
@juliabelouis1775
3 жыл бұрын
Thank you !! The whole series is SO helpful. Watching from Toronto :)
@AccountingStuff
3 жыл бұрын
Cheers Julia! All the best with your studies :)
@ashrafulmahmud7866
3 жыл бұрын
You are the best teacher
@anthonywurst2548
4 жыл бұрын
Thanks, man. Your videos are a breath of fresh air. Thanks for making it interesting, man.
@AccountingStuff
4 жыл бұрын
Cheers Tony :)
@Alastair-ix8pz
Жыл бұрын
Another great video. Thank you!
@amh9738
3 жыл бұрын
I appreciate ur time to make these great videos that i find extremely helpful.
@AccountingStuff
3 жыл бұрын
No problem at all :)
@iansmith9103
3 жыл бұрын
That intro song today...YESSSS. Got me hype for accrued expenses even though I'm brutal at accounting haha
@AccountingStuff
3 жыл бұрын
Haha, glad you enjoyed it :)
@eirene1998
4 жыл бұрын
This was what I used to do at work but it is still good to review😊👍Thank you James
@AccountingStuff
4 жыл бұрын
Sometimes it's worth revisiting the basics. Glad you enjoyed it
@JoyundLiebe
2 ай бұрын
Thank you for your videos; they've really helped me understand adjusting entries much better. 👍👍👍 I have a question regarding accrued expenses. In the end of January, after making adjusting entries, the utilities expense for January is showed as $153 on the income statement. How can we ensure that the income statement accurately reflects the actual utilities expenses of $53 for January?
@daphne4229
4 жыл бұрын
All this for a flipping water bill? Accounting is so complicated! Thank you so much for making these awesome videos, I'm brand new to accounting and have to do it online with a textbook our professor has stated is terrible so this is really helping! Can I adopt you as my tutor??
@mattwestelman9359
4 жыл бұрын
Videos are super high quality. Love it.
@AccountingStuff
4 жыл бұрын
Cheers Matt!
@muhamadsharizan392
4 жыл бұрын
You're the accounting god❤️❤️
@victoriarevenco7005
4 жыл бұрын
Thank youuuuuu for theses videos , you're way better than my uni teacher!!!!
@AccountingStuff
4 жыл бұрын
No worries Victoria, you are most welcome
@ambroiseondoa7357
4 жыл бұрын
Great video, very explicit
@AccountingStuff
4 жыл бұрын
Cheers Ambroise
@DT-og7hs
3 жыл бұрын
Amazing you explained clearly and supper pronounced. Thank you so much dear😍
@AccountingStuff
3 жыл бұрын
Glad you liked it :)
@alyssac5415
2 жыл бұрын
🤯 You make it so easy to learn accounting!
@qingyanwang7081
4 жыл бұрын
Your videos were totally incredible! I've never commented for any videos before except yours haha
@AccountingStuff
4 жыл бұрын
Thanks! I'm honoured to receive your first comment! All the best
@Maphip
2 жыл бұрын
I enjoyed this video with the background sound I understand everything
@AccountingStuff
2 жыл бұрын
Great to hear it's making sense!
@sleepytofu
2 жыл бұрын
james i owe u my life
@thasleeminthash4435
5 жыл бұрын
i like the method you use to teach ... keep it up ...
@AccountingStuff
5 жыл бұрын
Cheers mate
@vikeshparmar8429
4 жыл бұрын
Wow.... This Video is too Helpfull for my Accounting knowledge Thankyou so much....😊
@AccountingStuff
4 жыл бұрын
No worries Vikesh :)
@aishawani9709
3 жыл бұрын
Thanks James for this mini series. It was quite detailed and helpful, one explanation leading to the other seamlessly. :) I've a question though; shouldn't there be a fifth journal entry to close off? 153 dollars worth of cash being credited as payment done and 153 dollars worth of Accounts Payable debited as liabilities reduced. Please clarify! :)
@AccountingStuff
3 жыл бұрын
Yes that would be the final step :)
@shengxianwenhua
3 жыл бұрын
Thanks James for the awesome video! For the last journal entry, can it be: Dr. Expenses 53, DR. Accrued Expenses 100, Cr. A/P 153 ?
@manuthtechniques3032
4 жыл бұрын
You are so great sir, as your videos are helping me a lot. thanks
@ngochatubao6839
3 жыл бұрын
You've saved my student life! @..@
@frimpongsabatocollins5543
3 жыл бұрын
very clear and fantastic explanation.
@AccountingStuff
3 жыл бұрын
Thanks! All the best :)
@mariajankowsky
3 жыл бұрын
Thank you so much! Great staff...simple and easy
@AccountingStuff
3 жыл бұрын
No problem, you're welcome :)
@mary-annewillis2057
3 жыл бұрын
Amazing brilliant and talented. Makes it so easy to understand
@AccountingStuff
3 жыл бұрын
Thanks for your kind words!
@ОйдинИногамова
3 жыл бұрын
thank you for explanation! your video editing is a another amazing stuff !
@AccountingStuff
3 жыл бұрын
Cheers, glad you enjoyed it!
@nomad_grant
8 ай бұрын
Fantastic explanation as always!
@AccountingStuff
8 ай бұрын
Thanks!
@avaaaaaa122
Жыл бұрын
4 years later Im still watching your videos for my accounting exam
@AccountingStuff
Жыл бұрын
Good luck!!!
@Azhark94
4 жыл бұрын
The legend we needed.
@AccountingStuff
4 жыл бұрын
Thanks :)
@jobharath2812
10 ай бұрын
Thanks for this great video James... accruals explained to a T 😁🔥👍🏽🧡🕉
@AccountingStuff
10 ай бұрын
Thanks, I'm glad you enjoyed it
@nxoha
3 жыл бұрын
i love how you explaind everything so easly!!! but i have a question, what will be the effect on the financial statements if the adjusting entry for an accrued expense is recorded twice at the end of the year?
@AccountingStuff
3 жыл бұрын
You could end up with overstated expenses and liabilities
@gamegod-oj6io
3 жыл бұрын
You are showing '153' utilities expense in January, but utilities expense for january is only '53'. So, can we do like this--> we received invoice in JAN, so we can dr Accrued expenses for '100'(which are expenses for NOV and DEC) and cr Accounts payable for '100'. And in second journal we can dr Utilities expenses for '53'(JAN expense, so that in Balance sheet JAN's expense will be shown '53') and cr Accounts payable for '53'. And thank you so much for the videos man❤️, very helpful.
@milz8936
3 жыл бұрын
Hi James. Randomly came across your page. Watched a few videos and love your videos/editing. Can you make videos about Audit Risks, tips on the CFE and modules please? Thanks!
@AccountingStuff
3 жыл бұрын
Thanks for your requests!
@umairalii4458
4 жыл бұрын
Best Tutor
@AccountingStuff
4 жыл бұрын
You're too kind!
@umairalii4458
4 жыл бұрын
Love from Pakistan ♥️
@AccountingStuff
4 жыл бұрын
@@umairalii4458 Love from Canada!
@willjjwinter1208
3 жыл бұрын
Can you do a video on making reversing entries?
@AccountingStuff
3 жыл бұрын
Thanks for your request!
@pseudomaxofficial
4 жыл бұрын
Too bad i discovered your channel a bit late. But still love it.
@Life-is_beautiful-984
3 жыл бұрын
Thank you very much .u make it very interesting. I m from india .u helped me a lot
@AccountingStuff
3 жыл бұрын
No worries, happy to help!
@Life-is_beautiful-984
3 жыл бұрын
@@AccountingStuff 😊
@Sarah-ms6uh
3 жыл бұрын
This is soo helpful thank you soo much !
@raneilfederico2865
2 жыл бұрын
Thank you so much for this!
@reviindrawan9881
5 жыл бұрын
Thanks, now i got better understanding about AE
@AccountingStuff
5 жыл бұрын
Nice one! Adjusting Entries can be tricky at first, but they really aren't too bad once you get your head around them
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