Accounting Videos

Chapter 1

1.1 The Conceptual Framework

1.2 Accounting Assumptions/Principals

1.3 Accounting Equation and Balance Sheet

1.4 The Financial Statements

Chapter 2

2.1 How to Make Journal Entries

2.2 How a Transaction Affects the Financial Statements

2.3 Whats a Debit and Credit?

2.4 The Flow of Accounting Data

Chapter 3

3.1 Why Do We Use Accrual Accounting?

3.2 Adjusting Journal Entries: Accrual

3.3 Adjusting Journal Entries: Deferral

3.4 Explaining Specific Accounts

3.5 What Is Depreciation & Why Is It a Deferral?

3.6 AJE Practice Example

3.7 Ratios: Current Ratio, Acid-test Ratio, Net Working Capital

Chapter 4

4.1 Internal Controls

4.2 Bank Reconciliations: Book Side Example

4.3 Bank Reconciliations: Bank Side Example

4.4 Bank Reconciliations: Bank "Credits" and "Debits"

Chapter 5

5.1 Revenue Recognition Principle

5.2 Sales Returns and Allowances + Example

5.3 Sales Discounts + Example

5.4 Net Sales Example

5.5 Accounts Receivable and Selling on Credit

5.6 Bad Debt Expense- How to Account For It

5.7 Bad Debt Expense- Percent of Sales Method

5.8 Allowance for Doubtful Accounts and BDE

5.9 Allowance for Doubtful Accounts and A/R

5.10 Notes Receivable and Interest Revenue

5.11 Accruing Interest Revenue Example

5.12 Sales Tax Payable Example

5.13 Notes Receivable vs Notes Payable

5.14 Explain These Accounts To Me!

5.15 Accounts Receivable Turnover & DSO

Chapter 6

6.1 Inventory Cost

6.2 Cost of Goods Sold

6.3 Journal Entry For Selling Inventory

6.4 Inventory Costing Method

6.5 Specific ID Inventory Costing Method

6.6 Average Costing Method

6.7 LIFO Method

6.8 FIFO Method

6.9 The Inventory Formula/T-account

6.10 Gross Profit- An Income Statement

6.11 Explain These Accounts To Me!

Chapter 7

7.1 Capitalizing Cost

7.2 Capitalizing Land Cost

7.3 What Is a "Land Improvement"

7.4 What Cost Are Capitalized Into the Building Account

7.5 What Costs Are Capitalized Into Equipment/Machinery?

7.6 Lump Sum (basket) Purchases

7.7 Capital Expenditures vs Immediate Expenses

7.8 Salvage Value, Depreciable Value, and Net Book Value

7.9 Straight Line Depreciation Example

7.10 Unit of Production Example

7.11 Double Declining Balance Example

7.12 Partial Year Depreciation

7.13 Disposal/Sale of Plant Asset Without Gain/Loss

7.14 Disposal/Sale of Plant Asset with Gain/Loss

7.15 Natural Resources and Depletion

7.16 Intangible Assets and Amortization

7.17 Goodwill

7.18 Explain These Accounts To Me!

7.19 Chapter 7 Ratios

Chapter 8

8.1 Warranties Pt. 1: Estimating Warranty Expense

8.2 Warranties Pt. 2: Recording Actual Warranty Cost

8.3 Contingent Liabilities Rule

8.4 Notes Payable

8.5 Accruing Interest Expense on a Note Payable

8.6 Explain These Accounts To Me!

Chapter 9

9.1 Three Ways to Raise Capital

9.2 What is a Bond? Why Would Someone Buy? Sell it?

9.3 What Are All of the Terms on a Bond?

9.4 Market Conditions and Issuing Bonds

9.5 Issuing a Bond at Par- Example

9.6 Issuing a Bond at Discount- Example

9.7 Issuing a Bond at Premium- Example

9.8 Comparing Each Type of Issuance

9.9 Accruing Interest Expense on a Bond

9.10 Explains These Accounts To Me!

Chapter 10

10.1 Common Stock vs Preferred Stock

10.2 Issuing Stock Example

10.3 Authorized, Issued and Outstanding Shares

10.4 Treasury Stock Pt. 1 (What It Is)

10.5 Treasury Stock Pt. 2 (Acquiring Treasury Stock)

10.6 Treasury Stock Pt. 3 (Re-selling Treasury Stock)

10.7 Types of Dividends

10.8 Declaring & Paying Cash/Property Dividends

10.9 Declaring & "Paying" Stock Dividend

10.10 Dividends in Arrears

10.11 Stock Splits

10.12 Summary of Effects of Stock Transactions on SHE & Ratios

10.13 Return on Equity

10.14 Explain These Accounts To Me!

Chapter 11

11.1 What Are the Three Classes of Cash Flow?

11.2 What Does the Cash Flow Statement Look Like?

11.3 Operating Cash Flows- Indirect Method

11.4 Investing Cash Flows

11.5 Financing Cash Flows

11.6 Advice: Practice Identifying