Thank you and please visit the website for more farhatlectures.com/
@ShootingArow
Жыл бұрын
For thr example of of Adam purchasing inventory don't we preform a journal entry in January? Also on the notes payable shouldn't interest expense be on the debt side of accounts? Because the video has it on the credit side and now it doesn't balance out.
@lebrunnoder3299
8 ай бұрын
i believe the way that you calculate interest expense on note payable, interest bearing is wrong.
@XxRipZxClipZxX
2 жыл бұрын
Such a nice review, thank you!
@AccountingLectures
2 жыл бұрын
Most welcome. Please take a look at my website: farhatlectures.com/ then choose your course.
@user-hn5tr8tz7d
5 ай бұрын
Thank you very much ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
@AccountingLectures
4 ай бұрын
You're welcome 😊 Thank you and please visit the website for more farhatlectures.com/ Start your free trial!
@bnaji
2 жыл бұрын
Luv you man!
@AccountingLectures
2 жыл бұрын
Thank you!! Love back. Most welcome. Please take a look at my website: farhatlectures.com/ then choose your course.
@XanRussell
2 жыл бұрын
Hello can you break down how you got 108,333? I can't figure that out
@luisescaffi3450
2 жыл бұрын
I agree. I think it is an error. I believe he meant 101,333. The interest expense is 1,333 and is a credit.
@XanRussell
2 жыл бұрын
@@luisescaffi3450 yes it's an error smh
@AccountingLectures
2 жыл бұрын
Yes. It is an error from my side.
@mariemghanmi8647
2 жыл бұрын
@@luisescaffi3450 I think interest expense is debited with 1,333 though alongside the debit of notes payable with 100000. and of course we credit cash with 101,333
@GiovannaSessa
Жыл бұрын
Thank you! I calculated like 10x and ended up with the same 101,333.
@kelemtekile9915
2 жыл бұрын
can you send me the ppt, thank you
@AccountingLectures
2 жыл бұрын
Please check my website: farhatlectures.pathwright.com/
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