Accounting for Beginners | Part 1 | The Accounting Equation

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  • Опубликовано: 7 янв 2025

Комментарии • 328

  • @SAMSTA-ub8xr
    @SAMSTA-ub8xr 2 года назад +398

    I can sit in a Lecture Room for hours and have no idea what the Lecturer is explaining, but can watch all these Videos before a Tests/Exams and Pass. I think its because of the step by step examples which makes things soo easier. This Channel Is The Shortcut Of ACCOUNTING...

    • @maxakshiyagaya
      @maxakshiyagaya Год назад +1

      Good evening sir,can you record a video about partnership business and also include how to account for provisions for doubtful Debts.

    • @roycebanda9394
      @roycebanda9394 Год назад +1

      Same here

    • @naomimsuma938
      @naomimsuma938 Год назад +1

      You are not alone.....

    • @reanetserea5138
      @reanetserea5138 Год назад +1

      Listen, I relate and I'm now enjoying the module

    • @zezamgqetywa2597
      @zezamgqetywa2597 Год назад +1

      I can relate, I did accounting in high school but seem to have forgotten how to do it. But I'm glad I have found this video/channel/your comment so I can watch this video before writing tests and exams for this module.

  • @khotsofalangmei5159
    @khotsofalangmei5159 3 года назад +107

    Whoever is the owner of this voice, May God continue blessing you with Wisdom🙏
    The way you simplify all of this is just out of this world

    • @thimoarhaughton827
      @thimoarhaughton827 3 года назад +3

      Can someone help me am doing an presentation on accounting but I don't know what Concepts of Accounting is, and no matter how many videos I watch I still don't understand

    • @turyamureebabruce3674
      @turyamureebabruce3674 Год назад +1

      We try to be focused and release yourself from other anticipation that is contrary to your objectives and try to be smart

    • @turyamureebabruce3674
      @turyamureebabruce3674 Год назад +1

      @@thimoarhaughton827 apparently try as much as you can you will surely make it

    • @deathbringer5173
      @deathbringer5173 9 месяцев назад +1

      How are you 😊

  • @DJBattlewax
    @DJBattlewax Год назад +35

    I'm brand brand new to this, hence this is how I discovered this channel. I've been confused about the difference between liabilities and negative equities. This video really helped!

    • @3912James
      @3912James 7 месяцев назад

      I'm still struggling, but it's more easier to understand now than when I took Accounting classes back during my college years.

  • @TERGATLUAK-sg3qz
    @TERGATLUAK-sg3qz 8 месяцев назад +6

    I am very happy for the introduction:of the Accounting learning. I was learning three questions 1 why do you need accounting?answer.we need accounting for our records in the business transaction or and two know how much your profit and loss.
    2 why account so important?
    To remain us what is going in the business transaction of assets and liabilities.
    3 book keeping is collecting information in the business you start.
    Another: I was learning
    Financial Accounting is to allow people to records the information in the business.
    -three main statement
    1 income statement. Is one year period
    2 Cash flow stetament:
    - accounting Equation :
    In accounting equation:Assets=capital+laibility is know accounting equation.
    -and the ladger:is accounting of final Entry book where transaction are listed.
    2

  • @ongimaliwa4347
    @ongimaliwa4347 4 месяца назад +20

    i’m a first year student and i must say THANK YOU SO MUCH . This helped me soooo much as i’ve never done accounting. God bless you 🙏🏾

    • @iamahorsenut7541
      @iamahorsenut7541 3 месяца назад

      I totally agree. These videos are so helpful

    • @andisiweane5433
      @andisiweane5433 Месяц назад +1

      I'm hoping it will help me too ❤

  • @jenna-dalerose4922
    @jenna-dalerose4922 Год назад +12

    This channel and this man - INCREDIBLE! I have sat for days trying to understand my material, I get to this channel - BOOM, understood! Thank you!

  • @rochneymdhluli9156
    @rochneymdhluli9156 3 года назад +96

    I don't usually comment on video's but I have to thank you for your video's you have no idea how much clarity you have given me on accounting. I was really struggling but since your video's my tension headaches have even cleared up. Keep up the awesome work. Thank you!!!!

  • @siyabongadlomo4561
    @siyabongadlomo4561 2 года назад +32

    Got my degree years ago, I've been working in the Finance space focusing on liquidity and cash flow movements, some of the Accounting pinciples are more laxed in the Finance side, great refresher for professionals as well keep up the good work.

  • @malebokumako4467
    @malebokumako4467 2 года назад +21

    This is my first year at Unisa doing accounting and your videos are making my journey little easier thank you😃definitely watching all ads😊

    • @sanelepnuel2448
      @sanelepnuel2448 Год назад +1

      They are a God's gift to Unisa students, they saved me in 2021 doing first year, now doing final year.

  • @fallen4970
    @fallen4970 2 года назад +37

    Natural born talent teacher 😅🙌

  • @MindShiftwithlaure
    @MindShiftwithlaure Год назад +8

    I am a state registered nurse that is converting and start to study accounting as a part of my business administration career the first deux week have been really difficult: getting use to this keywords key phrase and to know they meaning when it come to transaction .
    When I realise I will not go any where with just my course I realised I needed to be resourceful then I stumble on this video and it just simplify my understanding on the accounting Equation and I feel confident to pursue my courses .
    Thank you so much .I was looking for someone to explain me this stuff into step by step process and I see that your video make it very simple ,understandable and clear .
    Thanks you 😘

  • @precious.ledwabaaa
    @precious.ledwabaaa 7 месяцев назад +7

    OMG how i wish you were my lecturer because you just made accounting bearab
    le for someone who dropped very early on in HS. Thank you so much

  • @ellied4088
    @ellied4088 Год назад +7

    Just started an Introductory Accounting course. Read through the module on the Accounting Equation and still ended up confused. Found your channel, watched the 5-part Accounting for Beginners videos and had an epic 'Aha' moment almost immediately. Will be subscribing

  • @theresapasomba2426
    @theresapasomba2426 2 года назад +7

    I have exams in two days. Wow this has opened my mind. Thank you for simplifying things.

  • @kiddoflex_sa1534
    @kiddoflex_sa1534 Год назад +5

    This RUclips channel saved me for my Wednesday accounting test thank you so much never had no idea before what to write now I do thank you so much

  • @tshepomajoro3259
    @tshepomajoro3259 2 года назад +19

    Im a first time accounting long distance student and had no clue about everything but you are making my journey easier sir..thanks.

    • @ellied4088
      @ellied4088 Год назад

      Doing a long distance Accounting course too now. How did you do with yours after all this time?

  • @fabisimbili5314
    @fabisimbili5314 Год назад +5

    Wow!! wish this guy was my teacher hmm. I could be providing him with a distinction results. Imagine getting confused in the class just because I cannot figure out the different accounts in the statements and decide which side they are increasing or decreasing. Finally, I am good to tackle test and exam questions. Thanks very much and keep lecturing us on this platform. God blesses!!!

  • @seniiisastunner1149
    @seniiisastunner1149 2 года назад +8

    Danko, wish you were my lecturer or grade 10 accounting teacher when i did accounting for a year and changed subjects because i was failing accounting ,now that im back at doing accounting for my first year your videos bring more clarity❤

  • @tamaratshona3225
    @tamaratshona3225 7 месяцев назад +10

    Thank you so much Sir for knowing that not everyone doing accounting has ever done it before, thank you being there for us as grade R students in accounting, I really appreciate your understanding and take us through the baby steps because of I gain courage and excelling in my accounting module🎉✨️🙏👌. With you on our side sky is the limit 🚁

  • @kemigabolilian3282
    @kemigabolilian3282 Месяц назад

    This guy is just a blessing. I have a very bad foundation about studies since i wasn’t inspired or had anyone to look up from back then and now it’s affecting me seriously. I’m now struggling to learn things cuz i really hope to become something.

  • @daniErihumble100
    @daniErihumble100 3 года назад +15

    You release an exceptional video entirely easy to comprhend. I have seen so many similar videos but yours is absolutely amazing. Thanks Sir... keep it up

  • @paytonmaestas1787
    @paytonmaestas1787 2 года назад +3

    The first good detailed video i’ve seen on the basics of accounting!

  • @3912James
    @3912James 7 месяцев назад +2

    I'm in the midst of changing careers. I've decided to switch to Accounting/Bookkeeping. Before I take a certification training it behooved me to get a crash course first...needless to say that I'm happy I came across this video.

  • @samdzveta6552
    @samdzveta6552 5 месяцев назад +1

    You are an asset. I really appreciate the way the way you teach, you make things so easy. God bless you.

  • @ruvarashencube7661
    @ruvarashencube7661 3 года назад +18

    Wonderful, very clear explanation from talented teacher!

    • @thimoarhaughton827
      @thimoarhaughton827 3 года назад

      Can someone help me am doing an presentation on accounting but I don't know what Concepts of Accounting is, and no matter how many videos I watch I still don't understand

  • @SharonTlharipe-nt7ds
    @SharonTlharipe-nt7ds Год назад +1

    This has really been the perfect video as my first time student accounting. I repeated the video & thank you content made easy for me.

  • @TheoleneKhashane
    @TheoleneKhashane Месяц назад +2

    Yoo my guy I don't know how to reward you for the work your doing

  • @bhekanindwandwe1864
    @bhekanindwandwe1864 Год назад +3

    i will always follow your lessons because are very helpful, this is my first year so its easily to grasp this steps of accounting.
    I salute you

  • @moonlightstella552
    @moonlightstella552 Год назад +1

    I’m taking accounting and finance in my uni and this has helped me understanding in what am I learning later thank u for this video !!

  • @tshepomabote5190
    @tshepomabote5190 Год назад +4

    Thank you so much, you make more sense than the textbook. I'm so enlightened.

  • @SurpriseDimakatso-yd8ij
    @SurpriseDimakatso-yd8ij 9 месяцев назад +1

    I'm new to accounting , oh brother I love you for showing me this light. ❤❤❤❤❤❤ God bless you!!

  • @brunabraz5853
    @brunabraz5853 Год назад +1

    you are brilliant! I just start understanding Accounting because of you.Thank You!

  • @soursnack
    @soursnack 3 года назад +7

    Yoh you can simplify things to the core. Thanks for sharing.

  • @thatonchakha1218
    @thatonchakha1218 2 года назад +2

    Thank you so much for this. I have been struggling to get the right video to learn accounting equation till I found you. I appreciate it a lot. You have helped a lot

  • @betitzi
    @betitzi 2 года назад +2

    i just started learning accounting. your video was very helpful! Big thank you!

  • @MrJoesoap888
    @MrJoesoap888 2 месяца назад

    Wow, thank you , thank, thank you! Studying accounting has never been this easy to follow. I last did this subject in 1986. Im doing a Management diploma and have feared this model so much. Its really appreciated. :)

  • @Divox01
    @Divox01 3 года назад +5

    keep doing the good work....My only regret right now is it took me long to discover this channel,,

  • @barrosmanuel2654
    @barrosmanuel2654 8 месяцев назад +1

    Thanks. I love this,tomorrow having a test with your natural leadership

  • @josannedaniel8519
    @josannedaniel8519 Год назад +2

    Thanks very much for your simplified method of sharing your knowledge and understanding in this subject area.Good clarity.

  • @tebogopamellamashilo2235
    @tebogopamellamashilo2235 Год назад +3

    Thank you so much for this. You are truly gifted. The way you explained was so clear.

  • @VictoryTimmac
    @VictoryTimmac 7 месяцев назад +1

    This will forever stick to my head ….
    Bravo

  • @MamyalaNoah
    @MamyalaNoah 11 месяцев назад

    I am registering a higher certificate in Accounting Science and I am counting on these kind of videos. You make it easy!

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    @rymondpieterse2735 3 года назад +2

    This video is underrated... Beautiful work

  • @krisandraedwards5087
    @krisandraedwards5087 2 года назад +1

    This man makes accounting easy

  • @sopheni8677
    @sopheni8677 3 года назад +3

    😊with this information now I'm sure gonna pass accounting 👌🏾👌🏾 thank you ❤️

  • @Masterofpuppets190
    @Masterofpuppets190 25 дней назад

    I never took a accounting class before. The business Class im taking at University im going to next year it will talk about it a little. I was nervous but after watching this video it really helped me to know what i will be learning.

  • @LudoMarwale
    @LudoMarwale 3 года назад +4

    You are great!and we thank you for the awesome job!God bless you!

  • @lovelyangel2285
    @lovelyangel2285 3 года назад +5

    Thank u sooo much .. i love the way u explain u make it soo much easier and fun to learn , may god help u as u are helping us

  • @jan2theo
    @jan2theo Год назад +1

    Thank you for sharing knowledge & making it clear & practical

  • @scholymauridala6743
    @scholymauridala6743 2 года назад +4

    You are the best teacher ever😊 thank you so much for your explaination😍so clear and slimplified🙂

  • @kaddybah1709
    @kaddybah1709 2 года назад +2

    waw your lectures are just wonderful I'm really learning a lot from it . its giving me a better understanding in this area.

  • @AndileSphola
    @AndileSphola 2 года назад +3

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  • @lovelyangel2285
    @lovelyangel2285 3 года назад +2

    I wish this video could spread more its suuch a help ❤️ thank god i saw it before my exam

  • @KennedyFyson-x6q
    @KennedyFyson-x6q 3 месяца назад

    Blessed to assist others,you deserve a pat on your back

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    @20andgrowing19 3 года назад +4

    I am so grateful for this channel ❤️

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    @munotidachatibura2241 Год назад +3

    You are very helpful I hope your teachings help me pass my exam tomorrow 🙏🙏🙏🙏

  • @itsssssme_
    @itsssssme_ 3 года назад +2

    Writing Accounting Principles on Friday. Thank you so much for this great video🙌💯🥺

  • @DreamFirms
    @DreamFirms 2 года назад +1

    Following your channel from the last two years, interesting content!

  • @tikal2luna
    @tikal2luna 7 месяцев назад

    Excellent tutorial! Wonderful examples, so useful. I went back on the samples like five times, to learn each one! Thank you! 🎁

  • @Henno66
    @Henno66 Год назад +1

    Thank you for sharing this very useful explanation

  • @nicolecarasquero
    @nicolecarasquero 4 месяца назад

    Super easy! This step by step is for beginners, the slow and hard to learn or for those who's got teachers methods are just not reaching the students.

  • @pudden1313
    @pudden1313 Год назад +1

    Thank you so much. I just started my accounting class and I hate math and numbers so I’m so intimidated but you made it very easy to understand….(im subscribed)

  • @stee7805
    @stee7805 Год назад +2

    I subscribed after watching this 1 video because u explain it so well. I can't tell u how many videos I've tried watching and still understood nothing. Thank u so much sir🙏🙏🏾

  • @rebeccanansubuga2236
    @rebeccanansubuga2236 3 года назад +3

    Thanks alot for your efforts, it has greatly improved my knowledge

  • @NompumeleloMyeza
    @NompumeleloMyeza Год назад +1

    First time hearing accounting makes sense to me 😢 thank you 🙏👏

  • @ll9566
    @ll9566 2 года назад +3

    Best videos I've seen. My class started with statements and journals and then decided to move into this in later chapters even though it is necessary to know before. Great work!

  • @natashasewpersadh5941
    @natashasewpersadh5941 Год назад +2

    Your work is commendable 😊 thank you for these videos.

  • @switch7835
    @switch7835 2 года назад +5

    Wow you opened my mind i was struggled with this module for 3 years with no understanding thank you so much🙏🏽🙏🏽🙏🏽🙏🏽

  • @greenerbitbybit
    @greenerbitbybit 3 года назад +4

    Thanks for making these videos. So well done.

  • @veronicalalhruaizeli1774
    @veronicalalhruaizeli1774 3 года назад +1

    It's a relief that you made this vide...now I am able to participate in my exam 😘😘

  • @josephinabukelwakekana8799
    @josephinabukelwakekana8799 2 месяца назад

    Wow!! This is getting me somewhere. Thank you Sir for this best material🙏

  • @altaafdawood2113
    @altaafdawood2113 3 года назад +1

    I've learnt so much from this video

  • @PanasheMukumba-g2h
    @PanasheMukumba-g2h 4 месяца назад

    thank you so much May God keep lifting you up boss. you explain so well

  • @phatakemasedi2339
    @phatakemasedi2339 3 года назад +2

    thank you very much,i suffered a lot going through my text book not understanding athing

  • @ghost_infinites417
    @ghost_infinites417 3 года назад +2

    thank you for simplifying it so much. It's so much easier to do now

  • @timewithjesfi
    @timewithjesfi 2 года назад

    Am from SierraLeone I’ve just joined in today, my accounting is weak , this video is helping me understand. Thank you I’ve just subscribe ❤

  • @sakhileoscar7787
    @sakhileoscar7787 2 года назад

    first time commenting but you the best lecture .Thank you for saving me

  • @sarahakol3212
    @sarahakol3212 3 месяца назад

    the lecture is so interesing and very clear that ihave been able to understand

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    @liliamalambo6645 8 месяцев назад

    Even 2 days I can sit in your lecture room without getting tired you are fire🔥

  • @Audrey-hb6lu
    @Audrey-hb6lu 2 года назад +3

    Thank you!!! Very very helpful, keep up the good work 🙏

  • @CharaWright
    @CharaWright 4 месяца назад

    Thank you for this detailed breakdown. I am new to this. It still seems like a new language to me, but I'm going to keep learning.

  • @StephaniePhelps-qj3ew
    @StephaniePhelps-qj3ew 2 года назад +1

    Very cool. Thank you so much for this video.

  • @PetinahSiakateyo
    @PetinahSiakateyo 6 месяцев назад

    I'm in my first year in university majoring in Accounting and finance but most of these things are a challenge for my understanding. I think for some reason you're slowly opening my mind sir , continue the good work 💪. I'm grasping the concepts 🙏😄

  • @zamamazibuko5498
    @zamamazibuko5498 2 года назад

    Ur a life saver- this really helped me. God bless you.

  • @JuniorMathenjwa-x5j
    @JuniorMathenjwa-x5j 2 месяца назад

    This is helpful full may God bless you

  • @katesithole8629
    @katesithole8629 2 года назад +13

    This series is really amazing. Thank you very much for sharing your expertise. You have really simplified the statement of financial position and 'pre and post -adjustmemts' trial balance for me. Looking forward to doing all 5 parts. Blessings. 🌻

  • @AtupakisyeMwankenja-mq7zb
    @AtupakisyeMwankenja-mq7zb Год назад

    Thanks so much for your help am seeing accounting simple bcuz of you may Almighty God bless you 🙏🙏🙏

  • @khanyinxumalo2633
    @khanyinxumalo2633 9 месяцев назад +3

    This is absolutely amazing,thank you for opening our eyes!

  • @bevinhamutenya9963
    @bevinhamutenya9963 2 года назад

    I gained alot of knowledge from this video thank you soo much...May God bless you so you can help many lifes

  • @masegobiile2714
    @masegobiile2714 9 месяцев назад

    You are the best💐💐💐💐💐Accounting basics made very easy and simple💐🙌

  • @OliviaMkhwanazi-i9e
    @OliviaMkhwanazi-i9e 4 месяца назад

    What an amazing teacher!

  • @remnantgospelers1996
    @remnantgospelers1996 Год назад +1

    Thank you so much for this splendid, well-elaborated and simplified Accounting context. It has helped me a lot. Please upload more videos. May God bless you ❤❤🎉🎉

  • @eluwonsoli55
    @eluwonsoli55 2 года назад +2

    I will be doing accounting next year for grade 10 and I'm already getting a better understanding of accounting
    Thank you

  • @Masana_Vision
    @Masana_Vision Год назад +2

    You explain so well thank you❤

  • @mypishi5793
    @mypishi5793 2 года назад +1

    Thank you so much for your amazing explanation. Thanks to you, I am falling in love with the accounting game.

  • @clarencechishaka7792
    @clarencechishaka7792 Год назад

    l dont comment videos but man l am really grateful thank you

  • @buhlejiyane1455
    @buhlejiyane1455 10 месяцев назад

    HIII . So i chose accounting but i odnt have a really good teacher and ive been struggling for a while . But this! Ive been looking for my go to accounting channel and i found it! This is such a great explanation of the accounting equation and i think im going to do really well in this because if you ! Thank you so muchh

  • @nassimbwajustine-qh9tt
    @nassimbwajustine-qh9tt Год назад

    I appreciate your explanations for really l have struggling with accounting

  • @DavidHanzila
    @DavidHanzila 6 месяцев назад

    What a wonderful lesson!