FA11 - T-Accounts Explained

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FA11 - T-Accounts Explained

Рет қаралды 133,923

Tony Bell

Күн бұрын

Пікірлер: 73

@kaliopemarske4167 4 жыл бұрын

this series is LITERALLY a joy to watch

@raygon9729 2 жыл бұрын

yeah, i

@ELLIOT8209 4 ай бұрын

@@raygon9729I'm smiling all the way in South Africa 😊

@olaleyealonge2249 4 жыл бұрын

I LITERALLY enjoyed every bit of the lecture

@ShakibHasan-mb2yd Жыл бұрын

Hi professor, I am from Bangladesh. Your teaching style is totally different from our professors. We really appreciate it. Thanks

@edmund8954 24 күн бұрын

Thanks for teaching my Accounting, Tony "Literally" Bell!!

@kelvinotieno4381 3 жыл бұрын

Can't remember when I was this happy learning....😂😂😂

@baptistbranchhomeschool9268 Жыл бұрын

I LITERALLY love these videos, they have LITERALLY saved my life.

@kelcyniccum153 3 жыл бұрын

Accounting was my least favorite class before I found these videos. It was boring and I dreaded watching my zoom lectures. Found these videos before my first midterm and I am ENJOYING accounting?? Wow how did Tony Bell make that happen lol!

@Tony-Bell 3 жыл бұрын

Awesome! Thanks Kelcy and good luck in your class.

@PunmasterSTP 2 жыл бұрын

How did the rest of your class go?

@kaysp8801 3 жыл бұрын

Very helpful! I like how you explain the procedure in a simple term. It's so much easier to understand. Thanks a lot!

@kristys1073 2 жыл бұрын

This is literally the best haha!! I decided to go back to school jan 2021 during the Covid debachle. But all schools were closed so I had to take it online. I have learned in this last 1.5 years that I am horrible at online school. I struggled all the way through having to re-read my text 3-4 times to understand. Which amazes me as I have always been an A+ student. Then I found your videos and everything makes sense. You LITERALLY (haha) saved my brain from imploding haha. Keep making videos these are amazing. Much love from Manitoba

@Tony-Bell 2 жыл бұрын

Thank you!!!

@jannatsufi264 Ай бұрын

You literally make learning so enjoyable 😂

@girlwonder6 8 ай бұрын

What more could I have asked for? I am so glad that I found you. I love your great, informative video presentation spoken and delivered clearly

@mustafahasani6841 11 ай бұрын

Haven't been this happy to learn something in so long. Thank you for such an awesome video!!!!

@Nanatoad 3 жыл бұрын

super great job. I appreciate these videos. I'm working on my MBA and I was a Biology undergrad major so when I say, these videos are helpful!! I mean it, LITERALLY hahaha! We didn't cover this in O-Chem... LOL

@PunmasterSTP 2 жыл бұрын

I think ochem was an interesting class. How is your MBA going?

@00Dallison 6 ай бұрын

Hey Mr Bell hope you're doing well! Currently studying the night before my financial accouting midterm and your videos are more helpful than my lecture slides haha, thank you

@stephenkiss4614 4 жыл бұрын

You're the man Tony!

@hosniasharifi7136 Жыл бұрын

I LITERALLY love the way you teach✌️

@Tony-Bell Жыл бұрын

😆- thanks :)

@mwenyamakungu1161 10 ай бұрын

Thank you for the video. May need to watch it twice thou.. this episode is really fast

@farahdeeba-bm5vx 4 ай бұрын

This is amazing. Thank you!

@osamasamman4990 4 жыл бұрын

you are a great teacher , thanks

@koketsongidi8362 2 ай бұрын

thank you Tony, God bless you

@zoriseymour8226 2 жыл бұрын

Literally saving my life, thank you

@PunmasterSTP 2 жыл бұрын

Man this video was lit...erally! Also, I didn't realize that the T in T-accounts just referred to the format of making marks in the shape of a T. And I imagine that to total them, you just have to write "otal" afterwards! 😄

@namoraxo 6 ай бұрын

This was a helpful exercise, thank you.

@LeoJimenezC 2 жыл бұрын

Hey man, I love your videos. Greetings from Costa Rica!!!

@michaelholowati7437 2 жыл бұрын

Thanks for the videos. Very very helpful. Will you elaborate on your definition for dividend, please?

@BD-qw2uq 2 жыл бұрын

I had to pause to take a laughter break for this video. I mean, I -literally- paused the video for a laughter break!

@raihanaahmadi2790 9 ай бұрын

I literally understood how it works

@syedali-portfolio7457 3 жыл бұрын

Hii, I've watched some other vids but while balancing the T acct, it says to take the bigger number on both sides and mention the Balance c/d on the lower side and Balance b/d on bigger side.... could you please clarify if that is imp as you explain different theory of subtracting and taking the diff. Kindly clarify its really confusing me...

@musajanyosufi63 3 жыл бұрын

Hello Mr's Tony Bell. Thank you for ur useful Videos 🙏 I'm trying to learn Financial accounting and ur videos are helping me a lot. But since I'm not an educated person I'm wandering if I can make it even if I make it . Do u think that I can find a job as a Financial accountant? Because I had never been in School not even a day . But I've learn things by myself from You tube . So far so good . Thank you again 🙏 God bless u .

@sarabali7451 Жыл бұрын

THANK YOU! For actually getting through to someone like me who runs away from Finance! INDEBTED

@redqueen_97 3 жыл бұрын

Gonna have my accounting final in 3 days.....I have hope now that I might pass 🙏😅😬

@PunmasterSTP 2 жыл бұрын

How did your final go?

@redqueen_97 2 жыл бұрын

@@PunmasterSTP it was good :3

@PunmasterSTP 2 жыл бұрын

@@redqueen_97 I'm glad!

@sb77de 3 ай бұрын

would you have all these separate expense accounts IRL? I mean as opposed to having just one general/consolidated account.

@lakgam2086 Жыл бұрын

Thanks for your videos. Can you post your answers for the rest of the problems in your accountingworkbook. I am not sure whether I am doing it right.

@mohammedqaraday3169 2 жыл бұрын

you are a blessing sir

@ayoubfarhat9444 3 жыл бұрын

Hi Dr. Tony, Are you going to do playlist about other topics, other than Financial & Managerial Accounting?

@hecate1075 Жыл бұрын

a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits

@denisehopkins4885 2 жыл бұрын

Hi Tony, know this is not related to here, but can you please advise what are the relevant documents I would ask for when I working on a bank reconciliation in the real world as most systems are automated. Thanks

@Tony-Bell 2 жыл бұрын

Bank Statement and a company's cash "GL" listing would be what you'd need.

@denisehopkins4885 2 жыл бұрын

@@Tony-Bell Thank you for replying so I have been on two assignments where I asked for this all they want to give me is the trial balance without the ability to drill down to details. I asked how to retrieve the details and was told I am asking too many questions? If I don’t have the relevant information or access to this how else can I do the job.

@Tony-Bell 2 жыл бұрын

@@denisehopkins4885 I can't imagine doing a bank reconciliation without those details. I'm sorry to hear you're going through this. Usually an accountant will have access to everything...

@denisehopkins4885 2 жыл бұрын

@@Tony-Bell thank you for this confirmation. I am currently working as a consultant so wasn’t given all privileges. Thanks again. I will continue going through your online course which is very helpful

@yasifaizi4316 3 жыл бұрын

why not using the ledger?

@cmcubes6030 4 жыл бұрын

Thank you!

@melindag11 6 ай бұрын

what software tool are u using to write notes in? : )

@Tony-Bell 6 ай бұрын

OneNote

@sellllmore 4 жыл бұрын

Hi! The T accounts I have seen before has some kinda formating with opening balance and closing. Is that something you gonna address later on or where you are from you dont need that formating?

@Tony-Bell 4 жыл бұрын

I don't require any special formatting here - but if I were you, I'd follow with whatever your instructor or course suggests.

@sellllmore 4 жыл бұрын

@@Tony-Bell I don't do any specific course, except yours, at the moment. Just wanted to know if in real accounting world there are necessary formatting for this? Using b/f and c/f. Can't find the example anymore. Maybe it wasn't about t accounts. Thanks anyways. Love your videos. :)

@Tony-Bell 4 жыл бұрын

@@sellllmore Thanks! In my view when doing things by hand, you needn't worry - most companies will use a software package and their accounts will have all details included.

@anastasiazamboni1348 2 жыл бұрын

thankyou tony you're saving my grade hahaha

@prats.7105 2 жыл бұрын

may I ask why Equipment is debited

@prats.7105 2 жыл бұрын

Never mind. I undestand; it's an asset, which rises with debit. So disregard my question

@denisehopkins4885 2 жыл бұрын

Are the T accounts are the same thing as subledgers?

@Tony-Bell 2 жыл бұрын

A little different. A subledger is like a T-Account for a T-Account - for example: You have 10,000 of A/R. Within that you might have 1,000 of A/R from 10 different customers. A subledger would be like keeping 10 different T-Accounts for each customer (so you can track who has paid.)

@denisehopkins4885 2 жыл бұрын

Thanks for explaining this.