I want him to talk faster or i get bored :(" just ot remind that theses lectures are accessible to people from all around the world and they are easy to understand epecially for non english natives. Thank you dave and JCCTV for this high quality work. I am not an english native, but those videos brought me a lot. Best regards,
30:12 Do you make separate payment JEs for the payment of Sales Tax for every sale separately? Normaly one pays the Sales Tax for the whole period at once, no? So it would be much easier to do just a single JE which empties the whole Sales Tax Payable account.
At year end 12/31/2011, we had to book Interest Expense to accrue interest on note that incurred during that time (which is $40). Because we would not pay out any cash on that day, so we had to use an account Interest Payable. On 02/14/2012, we booked the rest of the interest amount to Interest Expense (which is 120). For the $40, we just needed to reverse the account Interest Payable (because we paid cash on this day). Total of the interest is 160, we booked to the Interest Expense account $40 on 12/31/2011 and $120 on 02/14/2012. Hope this help!
Current Liabilities starts at 14:50
This is perfect because he defines everything correctly not to fast not to slow. Most people have instructors that go to fast.
Perfect! good teaching. very clear and easy to understand. Be blessed more.
You are a great teacher!
I want him to talk faster or i get bored :(" just ot remind that theses lectures are accessible to people from all around the world and they are easy to understand epecially for non english natives. Thank you dave and JCCTV for this high quality work.
I am not an english native, but those videos brought me a lot.
Best regards,
Really good lectures for every one to knoe every thing at one place
Thanks a lot for all the classes.
You are a great teacher👍🏻
@ 19:40, I was asking myself the same question.
Really good lecture
30:12 Do you make separate payment JEs for the payment of Sales Tax for every sale separately? Normaly one pays the Sales Tax for the whole period at once, no? So it would be much easier to do just a single JE which empties the whole Sales Tax Payable account.
I wish our professor was at least 0.5 close to what you are. Lovely!
Thank you!
how dyu get the video to play faster like on VLC media player? I want him to talk faster or i get bored :(
We finally got to hear what the in-class exercise portion sounds like without music. :)
It was kind of awkward. :x
I could not understand completely the last example, the 60-day 8000 note payable example. Could someone explain?
At year end 12/31/2011, we had to book Interest Expense to accrue interest on note that incurred during that time (which is $40). Because we would not pay out any cash on that day, so we had to use an account Interest Payable. On 02/14/2012, we booked the rest of the interest amount to Interest Expense (which is 120). For the $40, we just needed to reverse the account Interest Payable (because we paid cash on this day). Total of the interest is 160, we booked to the Interest Expense account $40 on 12/31/2011 and $120 on 02/14/2012. Hope this help!
I don't know accounting and financial accounting.
12:40 lol is he okay?
Are your books online?
Textbook: aquantaday.wordpress.com/fundamental-accounting-principles-22nd-edition-pdf/
Materials: blogs.jccc.edu/accounting/files/2014/12/accounting1.pdf
Tests: blogs.jccc.edu/accounting/_1/