Accounting 1: Program #2 - "Basic Accounting Concepts"

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  • Опубликовано: 4 июл 2024
  • Accounting 1
    Program #2
    Chapter 1
    "Basic Accounting Concepts"
    dkrug@jccc.edu

Комментарии • 589

  • @andrewp6314
    @andrewp6314 5 месяцев назад +20

    Checking in from 2024. Grateful for this content. If I end up becoming a full time accountant I'll come back and comment again

  • @aryalexander
    @aryalexander 8 лет назад +66

    The internet is a beauty, with the power of will we could educate ourselves to become anything we want. This is the future

    • @rockmetalband
      @rockmetalband 7 лет назад +3

      our teacher was teaching and showing us youtube videos lol

    • @tramellmalone9146
      @tramellmalone9146 5 лет назад +3

      Yes sir! I order the book and taking this as an online class. This is a free opportunity to take a free accounting class which cost thousands of dollars.

    • @deandred712
      @deandred712 3 месяца назад

      @@tramellmalone9146fr someone should download these vids incase it ever goes down these are literally gold knowledge is power in the Information Age

  • @attaullahshah6611
    @attaullahshah6611 3 года назад +57

    Hello everyone, Thanks to JCCCvideo for sharing knowledge. No matter which year is this and what age I have, this is 9 April, 2021, from the planet earth, its Lockdown here in Pakistan, and I have started taking the course, I just attended two lectures and really enjoyed the class and yeah the professor indeed is a best professor :) Please never remove these lectures , thank you

    • @cris694
      @cris694 7 месяцев назад

      yes, i'm checking how is a mba class. Greetings from Brazil

  • @deborahwokpetah6600
    @deborahwokpetah6600 6 лет назад +89

    OMG this professor is the best professor on youtube for accounting. I was struggling so much with understanding owner's equity and I finally got it through him. THANK YOU SO VERY MUCH!!!!!! You are God sent and may you live happy and rich forever!!!!

    • @Ari-lu5ve
      @Ari-lu5ve 5 лет назад +2

      Deborah Wokpetah amen !!!

  • @afiqahnafz
    @afiqahnafz 9 лет назад +94

    you guys are damn lucky..he is soo much better than my lecturer in so many way

    • @motocker
      @motocker 6 лет назад

      LMAO hahaha

    • @mohammedbarakat3157
      @mohammedbarakat3157 6 лет назад +4

      your lecturer is better than ours in Egypt though .here our lecturer in college is almost 60~70 years old and we graduate from faculty of commerce without practicing anything

    • @Ari-lu5ve
      @Ari-lu5ve 5 лет назад

      Afiq Ahnaf Zainal Hasnul SAMEEEE

  • @stx9327
    @stx9327 5 лет назад +6

    too bad more schools dont tape at least some of their content. This is good exposure for JCCC and provides a great service!

  • @Ari-lu5ve
    @Ari-lu5ve 5 лет назад +10

    This proffesor is literally the best proffesor ive ever seen in my life. Wow those students are lucky. God bless this proffesor! My proffesor didnt even know how to form any of the financial statements, yet he taught accounting lol. Thanks for the videos! I really appreciate this brother

  • @brandontse6465
    @brandontse6465 4 месяца назад +1

    I like how I'm starting to rely on these sets of videos for my Accounting 100 class (compared to my teacher who I and my classmates had trouble following with). You're a lifesaver for guiding people like me into the accounting world. :D
    The following message here is posted hours before my midterm on 2/29/2024!

  • @kimkatrel6780
    @kimkatrel6780 5 лет назад +9

    Here I am 7 years later benefiting from this lecture that I’m sure you have long forgotten. Currently taking an accounting class online and it is kicking my rear. I’m now only mere minutes into you’re lecture and everything has already started to click. Thank you times like a million 🙏

  • @paulh965
    @paulh965 7 лет назад +6

    This teacher needs to get some sort of an award for being a super teacher. He's Fucking good.

  • @mamajamal1
    @mamajamal1 27 дней назад

    June 2024, watching these series as a newly enrolled EMBA student who knew very little about Accounting, I commend the way you teach and the illustrations you are providing are extremely helpful. I feel like I am in class listening to you. Kudos and thanks for giving back to community❤ Your videos will be my to go to, to understand better the Accounting principles.

  • @xuseencaliaxmed
    @xuseencaliaxmed 6 лет назад +12

    I'm watching from Nairobi, Kenya thanks for you making me understand accounting basics.

  • @justchill134
    @justchill134 11 лет назад +6

    I'm considering being an accounting major because it pays well and seems understandable and simple. So this guy makes that happen, he's a great teacher.

  • @victoriakaufmann6351
    @victoriakaufmann6351 8 лет назад +23

    This is a great video. Thanks for posting it. I am taking an online accounting course through my local community college and was very happy to find these videos. The professor is well spoken and has a very likeable demeanor which makes it a breeze to get through the material. His concise and clear explanation of concepts in conjunction with the real world scenarios that he draws upon to get his point across makes the ideas easy to understand and apply..

  • @xblacksheep
    @xblacksheep 8 лет назад +24

    Wow you are a great professor! You explain things in terms that are easy to understand, Thanks for the video, FREE KNOWLEDGE FOR THE WIN!!!!

  • @hassaninouhouhamdani4806
    @hassaninouhouhamdani4806 3 года назад +6

    Thank you Prof. I've been really struggling to understand the accounting equation, now I moved on to the next step thanks to your thorough, practical explanation.
    Thank you so much!

  • @mohaljassem9494
    @mohaljassem9494 7 лет назад +10

    I wish my current professor is as good as this guy! he knows what's up really.

  • @themela9showwithfulaniyira338
    @themela9showwithfulaniyira338 6 лет назад +5

    I really appreciate this. Live course streaming. What a great concept. And it’s a free course now online training people around the world. Praise the Universe. Thank you JCC and Mr. David Krug.

  • @Mr.G626
    @Mr.G626 8 лет назад +11

    wish he was my professor, all mine does is just read directly from the book, i like how this instructor teaches.

  • @gladgard
    @gladgard 11 лет назад +1

    Im from Puerto Rico and a early retiree , I'm 50 now but when I was 20 I study Accounting, never used it because I worked with the PR IRS. Now I'm about to open my own bussines and wanted to refresh my acctng. Your classes are sooo help full , thank you so much for letting us take the course. Blessings :)

  • @KrugAccounting
    @KrugAccounting 9 лет назад +11

    As always, if you want the handouts...do NOT leave me a comment here. Instead email me at the email address shown at beginning of video. And specify you want ACCOUNTING 1 handouts....Dave

  • @lauratran4136
    @lauratran4136 7 лет назад +6

    Mr Krug, you have made my experience with Accounting much easier. I love how you simplify and explain the concepts of accounting to make it understandable. I am currently enrolled in an Accounting class for college and reading the book wasn't getting me anywhere. I stumbled on your lecture by chance and since then, my grades have improved. Thank you so much for the help. you are amazing! :)

  • @mzkellievictoria
    @mzkellievictoria 8 лет назад +3

    I'm really enjoying this class. I finished my undergraduate in Human Resources, and I never realized how much accounting a professional needed. I am so glad I found this lecture. I also start my MBA in January. I think this will help me learn a great deal more. thanks again. Kellie- Wisconsin

  • @supigr8579
    @supigr8579 12 лет назад +4

    I am from India thanks a lot to upload your lecturing style is best. i stay in small town in india would have not got this if internet is not there. thanks for uploading

  • @StevenGregoryJayy
    @StevenGregoryJayy 8 лет назад +65

    you are really a great teacher!

    • @prinzelijah2422
      @prinzelijah2422 3 года назад

      Great but can't find the link of book for assignment

  • @justinbyun4066
    @justinbyun4066 6 лет назад +9

    It's surprising how I can still understand his words very well at the speed of *2.0

    • @krismine99
      @krismine99 3 года назад

      I was doing just 1.5x but he definitely talks slower than most people I've met.

  • @meleanefehoko8729
    @meleanefehoko8729 10 лет назад +2

    Thnx for sharing....we hardly get good quality for fee anymore. You're the best

  • @khaledh9555
    @khaledh9555 5 лет назад +2

    I have an accounting deploma but this professor is way better than whom I'd learned from!

  • @Mike-lh4wn
    @Mike-lh4wn 10 лет назад +2

    This is great. My son just started taking accounting in high school, and I recognize the need for myself to learn some basic accounting and financial stuff for my job as a manager. Your series of teachings are very good. Thanks for posting these.

  • @royalblood9437
    @royalblood9437 7 лет назад +186

    I skipped the first video anyway ^^

  • @ShelleyDavids
    @ShelleyDavids 9 лет назад +41

    So that's what my instructor was trying to explain.

  • @worldofsonny
    @worldofsonny 4 года назад +2

    currently taking intro to FA. This video is amazing! Love his personal experience with basketball and using it as an analogy. I finally understand more.

  • @veravegh337
    @veravegh337 8 лет назад +1

    LOL! I'm watching your video from Hungary because I want to refresh my business English and learn some specific words. I'm a qualified accountant who is looking for a new job. Thank you for sharing! I do really enjoy it.

  • @karamee78
    @karamee78 8 лет назад +8

    very thorough! Much appreciation for this online class. You are awesome!

  • @gamashirea1100
    @gamashirea1100 8 лет назад +2

    Thank you very much for those videos. I needed something more lively than the read-the-boring-book "distance learning" I got from my university.

  • @darlingyves
    @darlingyves 7 лет назад +1

    I just started being interested in accounting.
    I started following your lectures today and I'm very happy.
    Thanks a million.
    From Cameroon.

  • @eynjell10
    @eynjell10 4 года назад +4

    Already graduated but I kind of forgot so thank you for refreshing me! 😊

  • @majdchammas9387
    @majdchammas9387 2 месяца назад

    Thanks a lot from Angola and Syria to the professor and JCCC

  • @nesto5362
    @nesto5362 4 года назад +2

    It is August 2019, I really appreciate you for uploading this videos, they really helped me understand basic concepts of accounting, which were not well explained to me during class. I wish I had a professor like you.

  • @SourBlueOG
    @SourBlueOG 6 лет назад +1

    Beautiful, the panning of the camera to the audience makes the class more immersive, and it as if I am a part of the class.

  • @yoliv7559
    @yoliv7559 6 лет назад +3

    Thank you for posting these videos!!!! Has helped me tremendously in my accounting course. You are an amazing teacher.

  • @prettyboyblue100
    @prettyboyblue100 9 лет назад +1

    Yaassss thanks a lot! I'm in Principle Of Accounting and the class is making my head spin like really. Now that I have watched your lesson on Accounting its helping me build an understanding on, what Principle Of Accounting really is. Thank you really.

  • @TastyHandi
    @TastyHandi Год назад

    i am from pakistan... This is the best accounting teacher on planet earth...

  • @MatthewSmith-wh5dr
    @MatthewSmith-wh5dr 10 лет назад

    Good energy. Good production. I'm watching them all! Thanks so much. 

  • @malinaalina6034
    @malinaalina6034 9 лет назад +2

    Wow , im from Kyrgyzstan and i started watching your lectures, helps me alot
    THANK YOU

  • @saltags
    @saltags 6 лет назад +7

    It's June 2018 - Your lectures are great & helpful! Thank You for posting this video. Even though I studied engineering I like to learn and teach myself more about accounting!

    • @KandRGaming
      @KandRGaming 4 года назад

      sal tags in the same boat as u, majoring in mechanical engineering

  • @Nomosowicz
    @Nomosowicz 11 лет назад

    Thank you for this video, the instructor Mr. Krug is a great instructor. I live in Mexico now, but did a semester at JCCC twenty years ago. Small world!

  • @etdevelopment4512
    @etdevelopment4512 7 лет назад

    Nicely presented in a digestible, clear and approachable way. I owned several business but always had accountants available. I'm in an MBA program for the knowledge of it and browsing through various business refresher presentations. Your students are lucky. Students at JC appreciate this Prof. Many in accounting/finance are dry and hard to interpret what is important, relevant or related.

  • @JoseVargas-yr6om
    @JoseVargas-yr6om 2 года назад

    I am about to start basic accounting. This is the infusion I need prior to starting, back of my head info. Well done. Thank you.

  • @jarrodb.armbrister982
    @jarrodb.armbrister982 6 лет назад

    I recently started Principles of Accounting (Acc 110) at a community college in Freeport, Grand Bahama, Bahamas, and this lecture was superb. A lot of the concepts now makes sense.

  • @grownup7359
    @grownup7359 3 года назад

    I can't believe I wasted so much time watching dashcam videos, let's plays etc instead of videos such as this. Many thanks from Poland

    • @TheAbinn
      @TheAbinn Год назад

      What dashcam vidoe you watched can you share...?

  • @SuperScorpio1026
    @SuperScorpio1026 10 лет назад

    I am taking an online accounting class , your videos have been VERY helpful! Thanks so much!

  • @UntamedFPS
    @UntamedFPS 7 лет назад +5

    Love this, going into accounting after high school, currently a senior, going in to college Summer of 2017. Decided to get a head start, thanks!

    • @Stitch163
      @Stitch163 7 лет назад +1

      UntamedFPS this is everything covered in accounting 1

    • @Stitch163
      @Stitch163 7 лет назад +1

      Do this and you will get an A

  • @gumbeauxgaming2297
    @gumbeauxgaming2297 5 лет назад +1

    I'm not sure if this was recorded to 'look retro' or what but... I'm hooked.

  • @arminhormazd8670
    @arminhormazd8670 9 лет назад

    Thank you for this wonderful comprehensive and easy to understand lecture. I have done financial accounting before but as a distance learning course and missed out the benefits of having a great professor explain key concepts. But having done the course on my own it was good to see your fantastic lecture. Thank you for making financial accounting easy to understand. I am sure it will be very helpful to many students.
    I often got stuck on the Shareholder's Equity. Regardless right now I am preparing to start managerial accounting and your lecture will go a long way in making it easy for me to get a good grade for this course. While financial accounting is different from managerial accounting in many ways they do overlap in many ways. One does rely on the other and are almost interdependent. Anyway sorry for the long post. Thank you for the wonderful lecture it shed new light on information I already knew but have a better understanding of now.

  • @mildrethzambrano5879
    @mildrethzambrano5879 8 лет назад +1

    Great professor !!I just started Accounting and I hope he will continue giving online lectures until the end of my degree ....

  • @cess8566
    @cess8566 8 лет назад

    You're an amazing teacher! I am so glad I found you here. And @kevin Perez, you are right, the internet is a beauty!

  • @augustayarteh7524
    @augustayarteh7524 4 года назад

    Aw I love your teaching just like financial report. This is what our professor explained to us about the same definations you give to us. The lady sound so great just like you.

  • @vielkarodriguez7966
    @vielkarodriguez7966 4 года назад +1

    He is. I landed on these in 2009 and always revisit. I study Acctng abroad.

  • @ngelnush3218
    @ngelnush3218 10 лет назад +3

    Really Helpful Sir..:D
    Loving accounting more and more.

  • @tiffanysellaro1
    @tiffanysellaro1 11 лет назад +1

    im not even in this class or know anything about it, but this is helping me so much through my own college classes! thank you!

  • @kathu8573
    @kathu8573 3 года назад

    Honestly awesome. I mean this is 27th June 2021 during COVID in SL, and these lessons are definitely helping me so much!!. Thank you for posting this🥰🥰

  • @vincentthewellaxx
    @vincentthewellaxx 10 лет назад +3

    I wish i had a professor like you, i would be great on this

  • @mohamedahmedmohamoud6936
    @mohamedahmedmohamoud6936 6 лет назад

    This is very wonderful lecture because it is easily understood by any one who doesn't have accounting background. This kind of lecture can upgrade the knowledge of many people. Thank you very much for the free lectures that you provide the humble students without financial capability and need this kind of lectures

  • @amandaroberson-eskew3729
    @amandaroberson-eskew3729 6 лет назад +1

    As an online student for a completely different college I appreciate your videos, these are helping me to grasp what I am learning online with a professor that is not as organized and detailed as you are. Thanks again. You should also do Intermediate Accounting Videos as well -- there is definitely a need.

  • @melaninjournals8403
    @melaninjournals8403 10 месяцев назад

    Such an amazing teacher and the reason why I passed my accounting exam. Thank you from Canada

  • @semanmehdiyev4238
    @semanmehdiyev4238 3 года назад +1

    Very cool full accounting course !👌

  • @irfanemmanuel4657
    @irfanemmanuel4657 6 лет назад

    thank you so much, you teach in such a smooth and flexible way
    i wish i could have a teacher like you in my class room.

  • @karmatucker4563
    @karmatucker4563 3 года назад

    Watching from VA and really like your teaching! You explain things really well. Just brushing up on accounting concepts while getting a business degree.

  • @masterddawg2569
    @masterddawg2569 7 лет назад

    Great video, Great explanation, and outstanding teaching.......I'm planning to watch all the videos.
    Thank you!

  • @ronnelvaleza3077
    @ronnelvaleza3077 10 лет назад +1

    Thank you so much.. This is very informative and it is a big help for me to understand what Accounting is (all) about. I can use this for my job as an SAP ABAP Programmer.

  • @rossygonzalez6758
    @rossygonzalez6758 8 лет назад +1

    I love the way you teach! . Thank you so much!!!!!!!!😘 great professor.

  • @summertimepop6170
    @summertimepop6170 9 лет назад

    Thank you so much. I'm a student in Finance and will continue to specialize my study in accounting. I find your lecture very organized and easy to understand!

  • @oteiadouglas7366
    @oteiadouglas7366 4 года назад

    excellenct class! sat in universities, but your teaching method supersedes them all- because it isn't teaching, if the student doesn't understand it. 10 out of 10.

  • @moyeedulhasan5870
    @moyeedulhasan5870 3 года назад +1

    I saw few other accounting class, this one is the easiest to understand...

  • @rendezvousricochetcatsy
    @rendezvousricochetcatsy 4 года назад +2

    I managed to get a great job without this knowledge and I have always dreamed of attending Campus and I find this very useful since most of the things I do at work I learnt by myself through online classes like these, and are related to the finance/administration department. It still works till now despite the years! Thank you very much.

    • @FairyKit
      @FairyKit 3 года назад +1

      what was your method and how did you manage to do that? most companies I see to even get some kind of financing type job require a bachelor's degree and 3+ years experiencing in some type of financing job even at entry level. some tips would be greatly appreciated

    • @rendezvousricochetcatsy
      @rendezvousricochetcatsy 3 года назад

      @@FairyKit First, don't shy away from applying for a job even when it looks like a lost cause. Do not let the number of years of experience, education etc scare you away from your dream job. Send out your applications to as many places as possible. You definitely know maybe you're reaching for a fantasy but that does not mean the employers see it that way.
      Enrich yourself with knowledge related to the job- work anywhere that can give you experience, take "impossible'' projects and make sure to get them right.
      The whole point is to prove/expose your potential. If you're lucky to get through the application screening, ACE the interview. Admit you might not have the paperwork but show the impossible tasks you have managed to accomplish so far. Do not over-sell yourself and do not under-sell yourself. Make sure you can balance between your accomplishments and what you bring to the table. They already know you do not have the papers or maybe experience but bet you when you get an interview, it means either way you stood above the rest.
      Get close with people in related fields and ask for help or guidance and you can even ask for assignments from them to see how the real world works. It is not easy but you have to constantly be on your feet, get the basics, learn from everything and everyone. You do not have the comfort of supporting documents and papers. If you get a good employer they will definitely put you through or ask/recommend to you to enroll to different courses that can benefit you and them. Never stop learning, never stop trying and never stop. You are your only limit. Sorry for the lengthy reply.

    • @FairyKit
      @FairyKit 3 года назад

      @@rendezvousricochetcatsy no don't worry about the lengthy reply. This helped me out so much and may help others out a lot, too. Thank you so much for this

    • @rendezvousricochetcatsy
      @rendezvousricochetcatsy 3 года назад +1

      @@FairyKit You are most welcome. Feel free to ask anything or talk if you need some tips. I work with a great team and I learn so much everyday. If you are also looking for a job let me know what you can do. Stay safe

    • @FairyKit
      @FairyKit 3 года назад

      @@rendezvousricochetcatsy thank you very much. I am looking for a job. I can type fast at 69wpm since I learned touch typing. I'm creative. I write, draw, and have dabbled a little bit in music (so I'm creative in a lot of areas.) I currently have a license to work in the mental health field, but I wanted to shift into a different career. I can do meticulous tasks and enjoy doing them. I'm careful/cautious and I am analytical. I can communicate. I was thinking about accounting and learning it because I do have a knack for numbers and I enjoy going through the systems and formulas, doing step by step and solving the problems. I also enjoy helping people. I think this is it.

  • @ricarkad7373
    @ricarkad7373 11 лет назад

    simple to understand! so nice to youtube effectively watching this sort of videos

  • @edithalim6676
    @edithalim6676 11 лет назад

    I am very happy to find this video. thank you so much for uploading. this serves as a refresher course for me.

  • @KirkQuesnelle
    @KirkQuesnelle 6 лет назад +1

    This guy is an incredible teacher..

  • @MargaretRosemary
    @MargaretRosemary 11 лет назад

    Thank you kindly. Very informative. I am doing a home study. This was a great help. I'm impressed & happy to have discovered your site.

  • @accountingfun2533
    @accountingfun2533 10 лет назад

    Thank you so much for sharing all these previous videos. I will watch them all. I am interested in learning accounting.

  • @creeksideent2639
    @creeksideent2639 7 лет назад +2

    great video. I have to learn this stuff and this is way more helpful than reading a book or watching a monotone professor speak.

  • @danchristiannavelgas8919
    @danchristiannavelgas8919 9 лет назад +3

    Woah thank you so much sir! I learned a lot in an easier way. It was such a useful knowledge since I'll be taking BS Accountancy here in Philippines. I would love to hear and learn from you. It was an honor for me, you're an awesome teacher. I never get bored! Salamat! (Thank you!) Im looking forward until the end of lessons. ☺

    • @jessevjnr
      @jessevjnr 9 лет назад +2

      Dan Navelgas FREE PDF Version of the book? @2013
      Class Handouts by Mr. Krug? blogs.jccc.edu/accounting/

  • @yakubugago
    @yakubugago 10 лет назад +17

    Wish I had this dude as my teacher

  • @palmira7984
    @palmira7984 9 лет назад +8

    I am grateful for your project, excellent.

  • @maxmonteith9476
    @maxmonteith9476 10 лет назад

    Thanks so much! Taking this module in Newcastle Uni - England - Big help!!

  • @Da1stIG214
    @Da1stIG214 10 лет назад +7

    im going to end up taking accounting and wanted to see what im getting myself into :) thanks for uploading

  • @graceaa333
    @graceaa333 10 лет назад +1

    Great teacher, great video! Thanks so much!

  • @Latifahh15
    @Latifahh15 11 лет назад

    I decided to take this course online just so I could use your as my Professor! :) and its working out sooo well

  • @marcnochimsonc.p.a3457
    @marcnochimsonc.p.a3457 9 лет назад

    Good points Beneficial for the young and new accoutant. lot to be learned from this video.

  • @tibbyzeleke235
    @tibbyzeleke235 9 лет назад

    Thank you so much. You are so help full. It is good to know that people are watching you. Right on.

  • @djsmoove231445
    @djsmoove231445 3 года назад

    You’re freaking awesome man! Love these videos

  • @CORLEONE26707
    @CORLEONE26707 8 лет назад

    awesome stuff. Your are a great instructor. From Malawi - Africa

  • @tazeens
    @tazeens 11 лет назад

    Saylor brought me here. I am so glad I am here. David you're awesome!! Thanks for uploading this.

  • @vielkarodriguez7966
    @vielkarodriguez7966 4 года назад

    Art of reviewing, record, analyze and interpreting relevant financial transaction and info for the purpose of decision making

  • @LocNguyen-hf4ru
    @LocNguyen-hf4ru 8 лет назад

    It's very useful for me. Thank you very much from Vietnam.

  • @MrRedhotchili21
    @MrRedhotchili21 9 лет назад

    This is fantastic, very thorough instructor!

  • @ipal5763
    @ipal5763 10 лет назад +1

    Prof, thank you for the lecture! Precise Teaching...

  • @arnabiem52
    @arnabiem52 10 лет назад +2

    I love his session , He is a great teacher

  • @CrazyKemo_0
    @CrazyKemo_0 4 года назад

    That was a very easy activity. Reminds me of high school. This lecturer thou. My God, a blessing. I wish he taught every subject lmaoooo