- Видео 211
- Просмотров 1 508 402
Steven Force
США
Добавлен 18 мар 2020
Do you have questions about accounting or statistics? Then, you've come to the right place! There's a long list of videos waiting for you on the channel that cover financial accounting, managerial accounting, and business statistics.
This channel has a few different types of videos to help you with any questions you have. There are short, example-focused videos that will cover a single topic in the video. There are also longer, review-style videos that cover a variety of topics.
So, what are you waiting for? Start looking around the channel now!
Courses covered in the videos:
Financial Accounting (ACC 111, ACC 112, ACC 211)
Managerial Accounting (ACC 212)
Business Statistics (GBS 221)
This channel has a few different types of videos to help you with any questions you have. There are short, example-focused videos that will cover a single topic in the video. There are also longer, review-style videos that cover a variety of topics.
So, what are you waiting for? Start looking around the channel now!
Courses covered in the videos:
Financial Accounting (ACC 111, ACC 112, ACC 211)
Managerial Accounting (ACC 212)
Business Statistics (GBS 221)
Видео
Knowing the Tail for Hypothesis Testing
Просмотров 3492 года назад
Discussing how to determine if the hypothesis test is a two-tail or one-tail test. This video also covers how to determine if the hypothesis test is a right-tail or left-tail test.
Type I & Type II Errors
Просмотров 5202 года назад
Discussing the difference between Type I and Type II errors, and when each occur.
The 6 Steps of Hypothesis Testing
Просмотров 6 тыс.2 года назад
Reviewing the 6 steps of hypothesis testing.
How to Determine Hypotheses for Tests with Two Populations
Просмотров 1702 года назад
Reviewing the steps to determine hypotheses for tests with two populations, including key words and phrases to look for when finding your hypotheses.
What is Simple Linear Regression?
Просмотров 2432 года назад
Reviewing simple linear regression, its purpose, the individual pieces of the regression equation and the usefulness of the coefficient of determination.
How to Use Bell Curves During Hypothesis Testing
Просмотров 1,1 тыс.2 года назад
Discussing how bell curves can be used to determine the conclusion at the end of a hypothesis test.
What is a One-Way ANOVA?
Просмотров 1452 года назад
Reviewing what a one-way ANOVA will measure, along with the reason we use ANOVAs in statistics.
Using T-Scores in Confidence Intervals
Просмотров 1572 года назад
Reviewing when to use t-scores, and how that affects the calculations when finding the confidence interval. This video discusses how to find the degrees of freedom required for finding the t-score.
Normal Probability (Bell Curve)
Просмотров 3012 года назад
Reviewing normal probability distribution and bell curves. This video discusses the characteristics of normal distribution, along with how standard deviation affects the shape of the bell curve.
Poisson Probability
Просмотров 2192 года назад
Reviewing Poisson probability, and the Excel function used to calculate Poisson probability.
How to Calculate Standard Error
Просмотров 1,3 тыс.2 года назад
Discussing how to calculate the standard error of the mean and the standard error of the proportion.
Confidence Intervals
Просмотров 6782 года назад
Reviewing confidence intervals and how to calculate upper and lower confidence limits. Point estimate and margin of error is also discussed in this video.
What is the Finite Correction Factor?
Просмотров 7 тыс.2 года назад
Reviewing when to use and how to calculate the finite correction factor (FCF).
Using a Bell Curve to Find Probabilities
Просмотров 9292 года назад
Reviewing bell curves and Excel functions to use with normal distribution.
Using Contingency Tables for Probabilities (Intersections and Unions)
Просмотров 11 тыс.2 года назад
Using Contingency Tables for Probabilities (Intersections and Unions)
Measures of Variability (Range, Variance and Standard Deviation)
Просмотров 5812 года назад
Measures of Variability (Range, Variance and Standard Deviation)
Measures of Central Tendency (Mean, Median and Mode)
Просмотров 1322 года назад
Measures of Central Tendency (Mean, Median and Mode)
Descriptive Statistics vs. Inferential Statistics
Просмотров 3752 года назад
Descriptive Statistics vs. Inferential Statistics
you are amazing and you explain this so much better than my professor!!!!!!!
How about if the expenses are missing the same as the Investment? I do not know how I can solve the investment without the expenses since I cannot get the Net income first without the expenses. Huhuuuu
😊😊😊
WOW ! Thank you so much , I was having such a hard time understanding but you explained it so well. I’m a hands on learner and this makes much more sense now !
Glad it was helpful!
Hi what happens if there's accumulated depreciation in post-closing? Will it still be credit side or will it be a negative value on the debit side? The problem with putting it on credit side is that the total sum value of the post closing trial balance doesn't match with the total sum value of the balance sheet... any idea on this? thank you so much!
Accumulated Depreciation would still be a credit balance on the post-closing trial balance. The totals from the post-closing trial balance do not need to be the same values as the totals from the balance sheet. As long as the debit and credit columns equal on the post-closing trial balance, and Assets = Liabilities + Owner's Equity on the balance sheet, then everything is fine.
@@stevenforce3344 i see, thank you! its also nice that you're still active on youtube helping people out
very helpful video
the entries in August 1 is Dr: Purchases Cr: accounts payable
😢
It is really educative
Thank you !
god bless you and your family
T
I can't thank you enough for this. I was struggling with my homework and didn't understand it, but you made it so easy. Now, I totally get it. I did one FIFO and LIFO by myself, following what I learned from you, and I got them all right. Thanks a bunch!
Thank you so much,just found this playlist 3days before semester final.. This was so helpful ❤
Thank you for going straight to the point.
Learnt in 5 mintues thanks mate
I am still having trouble getting it.
Can you make a video about periodic method as well?
What if there's a loss instead of profit. Would you write it as Less: Loss xxx
Correct. The Net Loss would be listed under the "Less" section along with any Owner's Drawings you may have in that period.
i also looked up for many video regarding this topic but i found your video the most helpfull one. Thank you
Glad it was helpful!
Thank you so much ✊🏼
I want to ask that what is the interest? Where does the interest come from?
Tanks
youre awesome you have the best videos and you explain everything in a simple way. Thank you very much!
Glad they're helpful!
Great work, simple and to the point. Thank you!
does it matter in which order you list out the liabilities and owner's equity?
Liabilities will always need to be listed before Owner's Equity. As for liabilities, it's best to list them out in order of the account numbers that a company is using. However, there is not a strict rule like the order of liquidity for assets. As for Owner's Equity, the only account that you'll list on a basic balance sheet will be Owner's Capital.
how do you know which accounts will be higher liquidity?
Liquidity refers to how quickly an asset can be turned into cash or be used up. So, Cash will always be the most liquid. Here's a link that goes more into the rest of the list: www.accountingtools.com/articles/what-is-order-of-liquidity.html
is adding investments optional? it sounded optional
It's not necessarily optional, but investments are not always going to happen during an accounting period. An owner may go a while before investing more in the business, so during those periods without any investments, they will not appear on the statement.
i didn't realize it would be this easy! thank you so much
Great job, surprised why so litte views for such a detailed and clear explanation
Glad it helped!
Question you said the second way to get the ending owner's capital was using the accounting equation and you said total assets of 27,120 minus liabilities of 6020 equals 20,100. but I get 21,100. can you please explain what I am missing here? Thank you
There was an error made when calculating the net loss, and that affected this calculation. If you don’t make a mistake like I did, you should be able to use the accounting equation!
@@stevenforce3344 Okay Thank you . Btw you're an excellent teacher . You explain everything in slow a voice you don't rush through. I learned a lot from you. I appreciate it.
Omg It's easier than I expected for . I like your explanation style thank you for that
Glad it helped!
I love this thnks
Love this❤
All accounting students should never take online courses. We need teachers face to face.
You saved my life..thanks a bunch
Why you used one month , the statement 1 was about 3 months of interest kindly explain
The "3-month" term for the note indicates when it needs to be paid back. Since we borrowed the money on December 1 and we're preparing adjusting entries on December 31, only one month has passed. So, we only record one month of interest in this adjusting entry.
Thank you for this awesome lesson. I'm currently in an accounting class and this was extremely helpful!
Glad it was helpful!
Thankyou Sir
Sir do we have to deduct the value of stock dividend fro retained earnings?
Yes, when you close the Stock Dividend account, it decreases Retained Earnings.
@@stevenforce3344 thank you 🙌
Thx man
you totally saved me thank you so much for your service
If we have a loss on sale of property, where would that go in this statement?
dude, where were you a million videos ago? man, yours is the best
What if its a net loss and there is no investments made? How do u get the ending capital then? Pls answer
If that's the case, then there is nothing being added on the statement. It would start with the beginning capital balance, then you would subtract owner's drawings and the net loss in order to find the ending capital balance.
Great presentation
best explanation everrrrrr!!
Thanks you're the goat
Thank you 👍🏽
Help me how to prepare sale budget and purchase budget