Accounting Tutorial, Accounts Receivable Made Easy

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Accounting Tutorial, Accounts Receivable Made Easy

Рет қаралды 3,133

Күн бұрын

I make an Accounting Tutorial in this video where i go over Accounts Receivable. I show the fast and easy way to Make a Journal Entry with the Debits & Credits.
BEST ACCOUNTING PLAYLIST IN THE WORLD • Accounting for Beginne...
MY method of mapping whether the accounts are to be Debited or Credited have helped thousands of people. I know it can help you. What is the BEST? Assets, Draw, Expense, Liability, Equity, Revenue I give my thought on the best way to remember where to place the Assets, Draw, Expenses, Liability, Equity & Revenue. I hope you enjoy the video. I got a good response from my last Accounting for Beginner video i just did, which was review of everything Accounting in 5 minutes. So this video is a nice easy fast 5 minute video about the Balance Sheet, which is Assets = Liabilities + Equity. I tried to go back and give a little refresher course with DC ADE LER and how good could i explain the Basics of Accounting in 5 Minutes. The easiest way to keeps debits and credits, and Assets = Liabilities + Equity ( Accounting Equation) straight. This is how i passed the CPA Exam to become a licensed CPA in the State of Florida. You can use the information in the video on your first day of Accounting class all the way tho being a CPA. Debits, Credits, Assets, Draw, Expenses, Liabilities, Equity, Revenue. This video has a very basic example and can be used in the most advanced situations. Learn Debits and Credits and the basic accounting equation which is assets = liabilities + equity. This will also help with the income statement which is Revenues - Expenses. I hope you enjoy the video. In this video i go over journal entries. Get your tips here in this accounting for beginners video. There is also information on the balance sheet here in this video. I also go over Accounts Receivable, Accounts Payable, Depreciation, Accumulated Depreciation, Putting Assets on the books, Fifo and Lifo Inventory Valuation, and so much more in this series for beginners.
Accounting For Beginners #1 www.youtube.co.... Debits and Credits / Assets = Liabilities + Equity
Accounting For Beginners #2 www.youtube.co.... Basics / Accounting Equation
Accounting For Beginners #3 www.youtube.co.... Journal Entries / Beginner Tips
Accounting For Beginners #4 www.youtube.co.... Income Statement / Revenue - Expenses
Accounting For Beginners #5 www.youtube.co.... The Balance Sheet / Basic Tutorial
Accounting For Beginners #6 www.youtube.co.... Putting an Asset on the Balance Sheet
Accounting For Beginners #7 www.youtube.co.... Depreciating an Asset / Basics
Accounting For Beginners #8 www.youtube.co.... Depreciation Expense / Basics
Accounting For Beginners #9 www.youtube.co.... Accounts Receivable / Basics
Accounting For Beginners #10 www.youtube.co.... Accounts Payable / Basics
Accounting For Beginners #11 www.youtube.co.... Fifo and Lifo Inventory / Basics
Accounting For Beginners #12 www.youtube.co.... 1 Journal Entry With 2 Assets / Basics
Accounting For Beginners #13 www.youtube.co.... Accounting Study Guide / Template
Accounting For Beginners #14 www.youtube.co.... Journal Entry with Cash / Expense
Accounting For Beginners #15 www.youtube.co.... Journal Entry With Cash / Revenue
Accounting For Beginners #16 www.youtube.co.... Debits & Credits / Negative Asset
Accounting For Beginners #17 www.youtube.co.... T-Accounts / Debits and Credits / Accounting 101
Accounting For Beginners #18 www.youtube.co.... What is a Draw? / Withdraw / Distribution / Dividend / Equity
Accounting for Beginners #19 www.youtube.co.... Don't Abbreviate / Accounting 101 / Basics
Accounting For Beginners #20 www.youtube.co.... Chart of Accounts / Assets, Liabilities, Equity, Revenues, Expenses
#Accounting #CPA #Business
00:00 Introduction
01:23 Performs Bookkeeping Services for $2,000 on Account
05:42 You Get Paid the $2,000 on Account

Пікірлер: 103

@CPAStrengthPassion 2 жыл бұрын

I hope you find the video helpful & Enjoyable. Always strive to be better. Have a Blessed Day

@ppybmjc 2 жыл бұрын

You brought me joy today. Onwards and upwards!

@CPAStrengthPassion 2 жыл бұрын

Always onwards and upwards. Never stopping, moving forward no matter how slow

@allanxian8129 Жыл бұрын

It did,.. thank you very much. Learning from you here in Spain.. un saludo! 💪

@matthewjebb1044 2 жыл бұрын

Obviously CPA exam has been a pain in my ass, but that won't bother me any longer I have passed my exam already thanks to you Mr Marcus God bless you more cuz you made it possible for me.

@eugenecharles3600 2 жыл бұрын

Am sorry for that some people people also passed through difficulties, just be patient and keep studying

@bethhughes1980 2 жыл бұрын

I'm really sorry about that but I got used to it until I succeeded, I failed 5 times before I finally passed, It would have been 6 but Marcus saved me from failing again

@rachelallen2138 2 жыл бұрын

I saw someone say he is not trustworthy i couldn't stop laughing, really people say a lot of shit these days

@martinezluiz465 2 жыл бұрын

He doesn't have a Facebook page, Instagram page or KZfaq channel, why is that?

@stephanieshaw1435 2 жыл бұрын

hello!! This a backdoor we're talking about not some kind of extra classes,you really won't expect him to have Facebook page is not safe for him

@Hellanissan7 2 жыл бұрын

Thank you for your videos man. Years ago I learned a lot from your accounting videos. It helped me land my first corporate accounting job. Now many years later I handle the budgets for NASA. I appreciate people and videos like this. Plus I just wanted to let you know your content really has positive impact on people lives. Thank you.

@CPAStrengthPassion 2 жыл бұрын

This is really a great comment for me. Thanks for coming by and letting me know. Congratulations 🍾🎊🎉 on your success it's great to read that I had some helo with it.

@monok3727 Жыл бұрын

Thank you and keep on going with your amazing journey and with the videos! You give hope!

@CPAStrengthPassion Жыл бұрын

Thank you so much for your nice comment. I will continue to share my journey and hopefully continue to inspire, motivate, and give hope

@lawrencedawson9697 2 жыл бұрын

You just filled in my missing blank to step two. I've been seeking this answer for 20 years finally and finally you made the light bulb go off and I too was one they thought I'd not make it this far and I've been winging bookkeeping for over 20 years and still above water

@CPAStrengthPassion 2 жыл бұрын

I'm so glad I could help out with the lightbulb moment. Those are so amazing. / right I'm still standing as well. I guess it makes it that much sweeter, when you've got further then anyone thought. Have a blessed day

@chrisallenmax 2 жыл бұрын

Still so glad you’re back!!! :)

@CPAStrengthPassion 2 жыл бұрын

Thank you. It's great to be back

@lawrencedawson9697 2 жыл бұрын

Thank you CPA Strength looking strong looking good bro thank you so much for your free services I live in Broward County too in Fort Lauderdale much appreciated to you

@CPAStrengthPassion 2 жыл бұрын

954 in the house. Thank you, I am feeling really good currently. Trying my best to not let my anxiety get to me. I have to tell myself "you will get through this just like everything else"

@dereckthompson1572 Жыл бұрын

Thanks for the video and the words of encouragement!

@CPAStrengthPassion Жыл бұрын

Glad you enjoyed it seriously

@29BlameItOnTheBoogie Жыл бұрын

Congratulations on your journey, I know I don't know you but I'm so proud of you for completely turning your life around, that's amazing!! 🙌👏🙏 Idk what my purpose is, but like you said, I've been trying to push forward. Part of that includes investing in myself by continuing on with school which is why I need help with this accounting class, haha! Thank you so much for your help and for sharing your knowledge. I had no idea what the heck my teacher was even talking about and was completely lost until you explained it! Keep up the amazing work 💪💪💪🤝✊👊

@CPAStrengthPassion Жыл бұрын

You kinda know me, especially if you watch enough videos. Thanks for your kind message.

@andreacangiamilla9615 Жыл бұрын

Thank you so much for these videos

@CPAStrengthPassion Жыл бұрын

You are so welcome!

@number1contender819 2 жыл бұрын

Sir, you really made accounting easy!!

@CPAStrengthPassion 2 жыл бұрын

Thank you so much. It makes me fulfilled when I know my videos are helping and making a difference

@brendaechols5929 Жыл бұрын

You explain it pretty well. I. Looking to get into account payable.

@CPAStrengthPassion Жыл бұрын

Thank you

@brandonnaar4453 2 жыл бұрын

Thank you for making another video to cover accounts receivable. It's great to see your content evolving and that you are evolving as well!

@CPAStrengthPassion 2 жыл бұрын

Thank you my friend. I am addicted to progress. I can't sit still. I have to reach new levels of my destiny. I have been given to many gifts and talents. No more wasting them anymore. Here's to an amazing day.

@candicebryant5809 2 жыл бұрын

For the algo!! Love your videos.

@CPAStrengthPassion 2 жыл бұрын

hahahaha, i find that so funny - for the algo. I'm humbled that people enjoy my videos. Thanks for stopping by and dropping a comment. Have an amazing day.

@kridstax2248 2 жыл бұрын

Thank you so much man for taking the time to make these videos. You make a hell of a teacher actually making accounting more interesting. Wouldn’t have passed principles or immediate accounting with out you

@CPAStrengthPassion 2 жыл бұрын

Thank you for coming by and dropping a comment. I'm trying to find a purpose in my life. I keep coming back to helping people. And these KZfaq videos were right in front of me. / have a blessed day.

@bigchunkyboi 2 жыл бұрын

Back again with another banger my guy! i'm on lunch break doing some month close stuff! lets get it done bruh!

@CPAStrengthPassion 2 жыл бұрын

Yo thanks for stopping by and dropping a comment. / you on the west coast or late lunch. Yeah I just grinded out my monthly work. Let's goooooo!!!

@bigchunkyboi 2 жыл бұрын

@@CPAStrengthPassion no worries man i've seen your hustle for a few years now and i gotta support somehow lol.

@CPAStrengthPassion 2 жыл бұрын

Thank you. I love the hustle!! I can remember having nothing and that pain motivates me. / it's funny I notice the people who talked down on me 10-15 years ago when I was trying to do better. They are in the same place maybe worse. Me --- well I think it's obvious I'm on the come up.

@ClassicItalianCulture 2 жыл бұрын

A nice old style video! Great to see you in shape and pumped!

@CPAStrengthPassion 2 жыл бұрын

Thank you for stopping by and dropping a comment. Health is wealth right. Mental Health being just as important as physical health

@user-zl7hf7sk3q 2 жыл бұрын

Merci beaucoup pour votre vidéo. J'ai appris avec vous en quelques vidéos ce que j'ai pas pu faire pendant des années.

@CPAStrengthPassion 2 жыл бұрын

I'll have what he is having

@boomdogg38 2 жыл бұрын

that legendary intro

@CPAStrengthPassion 2 жыл бұрын

Haha, I'm out here legending. / it's crazy, most of my life they talked down on me and now they want to be like me. This life is crazy

@SIMPLYYOUMAKEUP 2 жыл бұрын

Love it omg you are so right about the caffeine but the lesson was great, thanks for sharing

@CPAStrengthPassion 2 жыл бұрын

Thank You so much for being a great friend of mine & always supporting me. I hope you are having an amazing day

@aircraft1974 2 жыл бұрын

Awesome!..I'm gunna watch your whole series again ..Cheers man.

@CPAStrengthPassion 2 жыл бұрын

Thanks for sliding by and dropping a comment. Have an amazing day

@dereckthompson1572 Жыл бұрын

Great content!

@CPAStrengthPassion Жыл бұрын

Thank you so much

@londongabaldon9894 2 жыл бұрын

Yo best damn video ever

@CPAStrengthPassion 2 жыл бұрын

Yo yo yo. Thank you so much it's very much appreciated

@londongabaldon9894 2 жыл бұрын

I basically do internet service work probably like a nice cozy 75k, I've never been able to think of account s having sub accounts, and it's literally debits for assets draws expenses. And it's literally mind blowing to turn almost any asset in your household to a little T account

@londongabaldon9894 2 жыл бұрын

But if I'm traveling 136 MI, with a claimable of 86 MI at 0.66 cents then I can claim that against a cost of revenue account, on my daily invoice income statement.... Or maybe since it's a used vehicle and I own it it's depreciating a asset?

@CPAStrengthPassion 2 жыл бұрын

I'm pretty sure you get to only do one or the other depreciate or take the mileage

@clifforddart884 2 жыл бұрын

Hey love your videos wanted to know if you know anything about 1099-a and 1099-c info? Thanks

@CPAStrengthPassion 2 жыл бұрын

Thank You for supporting the channel for such a long time. I don't know much about 1099-a i think i have done 1 tax return with it in my years of preparing. 1099-C cancelation of debt i am pretty familiar with. The canceled debt is included as income on your tax return, unless you can show that you were "insolvent" basically meaning more liabilities then Assets. i believe it's for 990 to show insolvency. best of luck my friend

@IversonX3 2 жыл бұрын

1st! ❤️💪

@CPAStrengthPassion 2 жыл бұрын

Thanks for dropping a comment. It's always nice to be first. Let's goooooo!!

@almaur703 Жыл бұрын

Hi, I am looking for videos on Working papers for tax returns. Can you please make one?

@trawsoza2926 2 жыл бұрын

What age did you start becoming an accountant? I'm on my path to recovery and wanting to become a cpa but I'm 30 almost 31 am I too old?

@CPAStrengthPassion 2 жыл бұрын

This is a great question and i feel like this is really what im here for. To share my testimony and let people know it can be done. I went to Community College at 31 its never too late. I didn't stop drinking until i was 35 --- You can definitly do this

@trawsoza2926 2 жыл бұрын

@@CPAStrengthPassion thank you so much brother and keep up the inspirational work. You keep me going 😃

@CPAStrengthPassion 2 жыл бұрын

Comments like yours keep me going. It's all about your mindset. You got this