Principles of Accounting - Lecture 02

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  • Опубликовано: 10 сен 2024

Комментарии • 139

  • @newalzebary4301
    @newalzebary4301 4 года назад +4

    There is no word to describe the way you teach.You clarify things in the best way. Thanks for sharing your knowledge and experience. This is very kind from u.

  • @kmpetrov
    @kmpetrov  11 лет назад +20

    Thanks a lot. I am trying to do a good job, even though I am NOT an accounting professor. My specialty is economics and finance. I am just filling a scheduling need!

    • @AshwinKumar-kc7ly
      @AshwinKumar-kc7ly Год назад +1

      Your video is very informative. Thanks for uploading.

  • @maryamkijaji4210
    @maryamkijaji4210 10 лет назад +29

    Some people are born to be helpful...bless u

    • @kmpetrov
      @kmpetrov  10 лет назад +3

      Thank You Maryam.

  • @Hina0312
    @Hina0312 8 лет назад +16

    we're blessed to have you on youtube... an amazing teacher

  • @abbielim1050
    @abbielim1050 8 лет назад +13

    I'm kinda jealous to the students in the class. They were able to experience a teaching from a great teacher.
    Before Accounting is one of my fears but not anymore today. Thank you Sir for making it that easy to understand. I'm starting to love accounting.Thank you for sharing this video. It is a great help. God bless you

    • @kmpetrov
      @kmpetrov  7 лет назад +1

      Thank you for appreciating my work.

  • @saifhalabi
    @saifhalabi 9 лет назад +9

    professor you are so good. Really good at teaching the material. Explains the content clearly in a way that everyone can understand it.God bless you professor. I really enjoy your teaching style. I like when you wave and try to make everyone attention to what you are saying. I am an accounting major. I like to listen to more and more of the accounting classes you are teaching. Please keep them coming. Thank you professor

  • @AAdam-xz3qg
    @AAdam-xz3qg 8 лет назад +11

    We need more prof like you for a better world. thumb up, great work

  • @user-oi7cp7yh4f
    @user-oi7cp7yh4f 8 лет назад +1

    I am from Egypt and you are capable of delivering the ideas and knowledge much more than my entire professors thank you for your great work

  • @ibomohamud
    @ibomohamud 3 года назад +2

    He is one of my profs i had ever in my entire life 🖐️

  • @laapozle
    @laapozle 10 лет назад +1

    Professor, you are an amazing teacher! Please keep it up, I will watch all your videos. I'm an accountant major and currently on my senior year and never had some one to explain the material as good as you do. Thank you!

  • @augustayarteh7524
    @augustayarteh7524 5 лет назад +1

    Thanks so much professor for your sound. teaching professor I like that. professor you know there are different types of principle of Accounting, it so broad to talk about I will talk about two to summarise on what you are teaching us ; I will write about Revenue. principle Accounting. states that revenue is earning. when they sales. earns revenue ; when it sales one thing in the business or a company. We know in any business we are doing the revenue that is coming in the business or company is the profit of it .Another Expense principle : it state that in and expense occurs when the business use goods or services. so when they have expense they are going to reduce money that in the business. I strongly love your time and patient you are using to explain to us step by step bless you sir.

  • @myrtle1449
    @myrtle1449 3 года назад

    Interviewing for a position soon and haven't touched accounting in years. Your videos have been invaluable for review. Everything's coming back thanks to you. I really appreciate you posting these lectures and having kept them up for all these years!!

  • @kwangsun81
    @kwangsun81 8 лет назад +2

    You are an amazing teacher. You deserve more respect for your knowledge and passion. You should be teaching at world's best business schools.

    • @kmpetrov
      @kmpetrov  8 лет назад +6

      +Kyle Yoon Thank you. The best universities in the world are not really interested in good teaching. Their "game: is publishing worthless papers. They are in the game of research, not teaching. It is all about research funding. Money has corrupted most elite universities.

  • @leelavender9270
    @leelavender9270 5 лет назад +2

    Amazing lecturer! Thank you so much for your effort in making these videos. They are very useful for beginners with limited accounting knowledge.

  • @kmpetrov
    @kmpetrov  11 лет назад +2

    Unfortunately, I don't make the plans. I just teach whatever I am told to teach. Right now, the plans for the next semester are for "International Business" and something else.

  • @Vikermajit
    @Vikermajit 7 лет назад

    information + system & procedure + real-life situation examples + linguistic and communication skill + patience = Prof. Krassimir Petrov. Fortunate are the ones who watch your accounting, management, financial management, investment and banking lecture videos. God bless you sir, and God bless the founders of RUclips.com.

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank You.
      God Bless RUclips. I also learn so much from them.

  • @loleyfa5877
    @loleyfa5877 6 лет назад +1

    wow ! i really really thank you professor for this video it was such a helpful lecture , you're the best and excellent professor that i've ever seen .

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank you very much.

  • @josamnjobvu5174
    @josamnjobvu5174 4 года назад

    l like this professor and he is my mentor for principles of accounting and l also teach principles of accounts for Grade 10-12.May God in heaven richly and abundantly bless him.

  • @ericgeez1896
    @ericgeez1896 Год назад

    Hi Sir, Thank you so much for making these wonderful videos. They are very informative and easy to understand. I especially like that you used your personal experiences and everyday life to teach us to understand each them. Please keep making videos and we surely need more teachers like you. 😀😀

  • @Bilbus7
    @Bilbus7 8 лет назад +2

    Thank you so much for your videos!

  • @narinamahmudova7958
    @narinamahmudova7958 7 лет назад

    You are one of the best teachers I've ever seen. God bless you!

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank You. Where do you come from?

  • @safiajamal8423
    @safiajamal8423 10 лет назад +3

    Hello sir,
    This Safia From Afghanistan, i really love the way u teach. I m student in American university but my professor is not teaching very well. The way u teach its just like injecting in my mind. Superb

  • @augustayarteh7524
    @augustayarteh7524 4 года назад

    Aw you are doing great job sir. Your explanation you are given to we the viewers around the world is great. Thanks a lot.Is good to take record of any transation that was made for the business Expecially insurance business you have to take record of any insurance you made. Nice explanation.

  • @mariamsol444
    @mariamsol444 5 лет назад +1

    Thanks for helping 💕

  • @djamelkellal4631
    @djamelkellal4631 4 года назад

    Amazing! A wonderful lecturer. Much obliged for your efforts and your generosity. Your a way of teaching is just magnificent. Good luck.

  • @schillermartin371
    @schillermartin371 3 года назад

    Thank you sir for your excellente work, i am from Colombia is very nice to wacth your class.

  • @cindyc3040
    @cindyc3040 10 месяцев назад

    You are so funny:) You told the two persons not to talk and separate until the class is finished in 10 minutes:)

  • @DrGillyful
    @DrGillyful 11 лет назад

    I really appreciate the way you teach, it really paints a picture for me and others im sure! Keep up the great work and will be sure to check out your other lectures when i'm done with your accounting ones. I have missed a year of college due to financial difficulties, and will be taking a foundation in business in Jan, then to proceed to accounting,I am not good in any specific skill and it took me a while to settle on accounting, since It is a very beneficial skill to learn. Thank you sir!

  • @Vikermajit
    @Vikermajit 7 лет назад +1

    (17:25)...whenever owner takes out money from the business, owner takes dividend...I believe it should be 'drawing', rather than dividend, because dividends are withdrawals of stockholders of a corporation.

    • @kmpetrov
      @kmpetrov  6 лет назад +1

      Technically, you are correct. This is just a simplification for students to understand more easily.

    • @deepthoughts7983
      @deepthoughts7983 6 лет назад

      Krassimir Sir answered you right but you must record withdrawals voucher in an owner's dividend account. So basically it also says that owner takes dividend, and withdrawal money for personal uses.

  • @WasswaBenonVSTau
    @WasswaBenonVSTau 7 лет назад

    I am currently pursuing my BBA but i made Krassimir Petrov my first Lecture. i salute this Man Jah Bless

  • @AsiMaral
    @AsiMaral 10 лет назад

    Good example of the tree! That is valuable asset (selling fruits to make money) and that is not (just a tree) for a business

  • @jhonblando
    @jhonblando 7 лет назад

    Always good to come back and learn the basics of accounting. Great explanation! Thank you sir!

  • @mariamsaeed8021
    @mariamsaeed8021 7 лет назад

    you are a life saver. i got an F in my first exam and im looking for an A in the midterm thanks to you!!!

  • @mtsmzahra
    @mtsmzahra 11 лет назад

    The best accounting professor in the world

  • @ericmhenuter325
    @ericmhenuter325 6 лет назад

    you are the best among the best teachers I ever seem, thank you so much, I will make sure I watch all your videos in accordance. I need then more please

    • @kmpetrov
      @kmpetrov  6 лет назад +1

      Thank uyou. I do try very hard to be the best in the world.

  • @vinaychakraborty8635
    @vinaychakraborty8635 10 лет назад

    Hi Sir, I enjoy your lectures. Everything is explained in detail and in a easy to understand manner. Your doing a wonderful job. Thanks :)

  • @pig960703
    @pig960703 10 лет назад

    Good lecture & nice lecturer.

  • @kashifhakimi680
    @kashifhakimi680 7 лет назад

    Hello sir kashif from Afghanistan and your good teaching I Learn your Lecture Thanks

  • @rdaat176
    @rdaat176 4 года назад

    You are amazing sir! Your lecture is really useful... bless you

  • @abrarabdullaha3905
    @abrarabdullaha3905 11 лет назад

    OMG u r the best ..I don't get board from ur lecture u r awsome

  • @edyspro4437
    @edyspro4437 Год назад

    Thank you so much clear expectations

  • @ABC-vq3cm
    @ABC-vq3cm 6 лет назад

    ALLAH may bless you a greater business. You are a nice person with knowledge

    • @kmpetrov
      @kmpetrov  6 лет назад

      Thank you very much.

  • @kmpetrov
    @kmpetrov  11 лет назад +1

    Thanks.

  • @doaafarouk2319
    @doaafarouk2319 10 лет назад +1

    thanks so much for your lectures. what do I need to study before starting to study MBA? thanks.

  • @mrsunknown4095
    @mrsunknown4095 10 лет назад

    hi sir i will love to thanks a million time to you for this lectture it really help me alot

  • @mutanafaruk2973
    @mutanafaruk2973 7 лет назад

    your lectures are impactful and highly beneficial.

  • @lovesandi9720
    @lovesandi9720 8 лет назад

    thanks you sir these videos are great help to me inshaALLAH i will each and every lectures of yours and thank sir for there helpful videos.

  • @BasemanB
    @BasemanB 11 лет назад

    you can call them also Stakeholders, but stakeholder doesn't mean only shareholder, that can be so many kinds of stakeholders, one of them are shareholders.

  • @jaypalmer2500
    @jaypalmer2500 10 лет назад

    Another great video thank you Guru Petrov

  • @carlossantiagodemestral1445
    @carlossantiagodemestral1445 6 лет назад

    Top of the top teachers. Thank you.

  • @rockennetty7193
    @rockennetty7193 10 лет назад +2

    Thank you lecturer krassimir i am a new student in accounting just starting this year. listening to your lecture is very helping in my long journey ahead.
    I am studying to get my diploma in business management and accounting however i have one question which is best to start with first, accounting or business study? I heard from some advices that better start with accounting first do all the basic categories needed for diploma then choose categories from the business study side to complele both diploma. Is this idea works well?

    • @kmpetrov
      @kmpetrov  10 лет назад +1

      Yes, start with accounting first.

  • @goggexx
    @goggexx 8 лет назад

    Sir you are the best,I have watch many of your videos,but the camera man is terrible,I cant see somethings properly. I am from d Caribbean I am leaning alot. Thank very much.

  • @abdallahelsewasy3380
    @abdallahelsewasy3380 8 лет назад

    Good job and good work>>>

  • @AbuSaia7
    @AbuSaia7 8 лет назад

    Thanks a lot for sharing these wonderful and very useful videos. It helped me a lot by understanding the principles very well. You're a really amazing & great Prof. Thank you again man ! Greetings from Jordan :)

  • @Vikermajit
    @Vikermajit 6 лет назад

    I see. Thanks for the clarification and response.

  • @vinoshboodoo8503
    @vinoshboodoo8503 9 лет назад +1

    does the professor demonstrate how to do the calculations also...........i hope so he is the only one that makes this stuff clear to me

    • @kmpetrov
      @kmpetrov  9 лет назад +1

      Yes, many examples in coming lectures. this is only an Introduction.

  • @jus1empressify
    @jus1empressify 9 лет назад

    I love the way you explain step by step how many lectures do you have on this topic I am going to start an accounts class and want a head start so I can have an idea before I start the class.

  • @allaten3165
    @allaten3165 10 лет назад +1

    You remind me Kevin Spacey in the "21" movie :)

  • @zainabk8076
    @zainabk8076 7 лет назад

    very enjoyable , fun and helpful. thank you very very much I really enjoy accounting more than I do in my real class ..... thank you again :) 2017

  • @ibrahimomarali2465
    @ibrahimomarali2465 7 лет назад +1

    thanks prof ALLAH see you the right street

  • @misbahrehmansheikh254
    @misbahrehmansheikh254 2 года назад

    Thank you from Pakistan

  • @HoaPham-kv7sf
    @HoaPham-kv7sf 11 лет назад

    thanks, your lecture is very easy to understand!

  • @DaiNaSuo
    @DaiNaSuo 2 года назад

    15 Jan 2022,I will watch every video start today

  • @Halazable
    @Halazable 11 лет назад

    I used to hate accounting.. I used to :) Thanks Prof.

  • @edyspro4437
    @edyspro4437 Год назад

    Thank you so much

  • @TianyiWei
    @TianyiWei 8 лет назад

    You deserve way more than 26k subs

  • @johnken7030
    @johnken7030 8 лет назад

    thank you so much professor

    • @kmpetrov
      @kmpetrov  8 лет назад

      +john ken Yu are welcome.

  • @salmaremah7240
    @salmaremah7240 8 лет назад

    thanks professor !

    • @kmpetrov
      @kmpetrov  8 лет назад

      +Salma Remah You are welcome.

  • @immor1984
    @immor1984 9 лет назад

    Thank you so much, it was very useful :)

  • @ashraftata298
    @ashraftata298 7 лет назад

    .Thank you so much prof

  • @ramirezninashareynnd.4075
    @ramirezninashareynnd.4075 6 лет назад

    VERY HELPFUL!! THANK U SIR

  • @benedictrenson401
    @benedictrenson401 7 лет назад

    Thank you sir. Really a great effort...

  • @meemead4082
    @meemead4082 9 лет назад

    thanks for all videos ... we want marketing class

    • @kmpetrov
      @kmpetrov  9 лет назад +1

      i will post it whenever I get a chance to teach one.

  • @PawanGupta-ku7wb
    @PawanGupta-ku7wb 10 лет назад

    Hello Sir,
    I have downloaded this video via IDM (Internet Download Manager) however option is available only to down either audio track only or video track only... Could you plz help in downloading this video+audio jointly..
    Many Thanks in advance.

    • @kmpetrov
      @kmpetrov  10 лет назад

      Sorry, I do not provide help/advice on purely internet issues. Find an internet-savvy friend to help you.

    • @chanduchax
      @chanduchax 10 лет назад

      Krassimir Petrov Sorry to bother you with this issue.. originally issue was with my IDM but now fixed.. Thanx for ur corncern,, :)

    • @AsiMaral
      @AsiMaral 10 лет назад

      ***** Copy and paste this RUclips link to www.keepvid.com, it will give you the most usable formats to download the video to your PC

    • @hossammohamed2279
      @hossammohamed2279 9 лет назад

      You can dowenload this video by youtube dowenloader app
      i recommend it to you .

    • @kmpetrov
      @kmpetrov  9 лет назад

      honestly, I dont know how to help you. there are at least 10 different downloading softwares, so try some others and may be one will work for you.

  • @danieltamirat9638
    @danieltamirat9638 6 лет назад

    Thank you very much

  • @mtsmzahra
    @mtsmzahra 11 лет назад

    thanks

  • @mariaakbarofficial
    @mariaakbarofficial 8 лет назад

    u r absolutely great God bless U

    • @kmpetrov
      @kmpetrov  8 лет назад

      +muskan mary Thank you.

    • @mariaakbarofficial
      @mariaakbarofficial 8 лет назад

      Krassimir Petrov I Learnt all the basic concept of Accounting,your lectures are helpful alot.

  • @johnadamu50
    @johnadamu50 9 лет назад

    thanks professor i like your motto AAAHAAA

  • @concho7694
    @concho7694 6 лет назад

    Thanks from vn

  • @Vikermajit
    @Vikermajit 7 лет назад

    err....I think Samsung is the brand, and Galaxy is the model name (22.41)...

    • @kmpetrov
      @kmpetrov  6 лет назад

      Samsung is the manufacturer. "Galaxy" is currently treated like a brand name, even though it is a model name. It depends on the interpretation and it can be somewhat confusing.

  • @marmarmarmar3633
    @marmarmarmar3633 9 лет назад

    Hello , I appreciate you , you Great Man , i enjoyed when I watch your video . God bless you . I Live in Atlanta , if i want take your live class ,what is name your college I want study Master. Thank you

  • @tsegayegebremedhin6224
    @tsegayegebremedhin6224 4 года назад

    can u give me accounting 2 book

  • @ValueBullInvestor
    @ValueBullInvestor 7 лет назад

    there is to much echo in your videos and its hard to make out everything your saying

  • @abdirahmanmohamedhusein5124
    @abdirahmanmohamedhusein5124 3 года назад

    He's

  • @BubbyBrew
    @BubbyBrew 9 лет назад

    ZZZZzzzzzzz.....

  • @kebedetadess6144
    @kebedetadess6144 5 лет назад

    I am an accunting mager content free i am not slery

  • @omolaemmanuel1280
    @omolaemmanuel1280 6 лет назад

    you are too much sir

  • @alinaciric
    @alinaciric 7 лет назад

    this is so boring..your explanations are so childish...this is every day logic...

    • @kmpetrov
      @kmpetrov  6 лет назад +3

      May be logical to you, but these kids are in a developing country and their education system does not come even close to yours.

  • @rameshdhirajlal9582
    @rameshdhirajlal9582 8 лет назад

    Thank you so much