Accounting Equation - Ch. 1 Video 1

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  • Опубликовано: 31 дек 2024

Комментарии • 222

  • @Revocateanimos24
    @Revocateanimos24 3 года назад +92

    Watched these while I was in undergrad 5 years ago. Now I'm one exam from being a licensed U.S. CPA!
    Edit: I'm a CPA!

  • @adriang3492
    @adriang3492 10 лет назад +71

    This video is great. My lecturer spend 60 minutes talking about this the other day and nobody could understand this... you did this in 8 minutes and it all makes sense! Great videos! Thank you!

  • @butterflybrenda6558
    @butterflybrenda6558 5 лет назад +38

    I'm in an online accounting class and I really miss having an actual teacher teaching me the material. This is really helpful. Thank you.

  • @StJamesDesign
    @StJamesDesign 13 лет назад +1

    Thank you Mr. Fisher for making Accounting so much easier. Many times the textbooks use way to many flowers to explain what you make so simple. Many times all we need is just the meat. Thanks again for taking the time to share your knowledge. Can't tell you how much I appreciate it. James

  • @spooky6832
    @spooky6832 9 лет назад +23

    thank you so much, I have no idea what my teacher is talking about. You are a great teacher!

    • @jhenlino2200
      @jhenlino2200 8 лет назад +1

      lol same here. i never understand it in the class, but in his video i understand it quiet well

  • @Saleh8
    @Saleh8 9 лет назад +7

    I am not an accounting student but I started my new business few months ago and this is extremely helpful to track my business transactions . Thank you very much

  • @cynthiamendez7067
    @cynthiamendez7067 8 лет назад +9

    You are the Guru of Accounting :) Thank you so much for your time and detailed instructions. You have made Accounting easier for me to comprehend !!!! :)

  • @amasing115
    @amasing115 3 месяца назад

    When this video was uploaded in 2010, I was 5 years old still in kindergarten. Fourteen years later in 2024 I am a sophomore majoring in business administration taking accounting. And I am using your accounting playlist to help study for my midterm! Isn't the internet an amazing thing? Thank you sir.

  • @yamirnivar3609
    @yamirnivar3609 2 года назад

    I watched this when I was in undergrad 3 years ago this guy helped me so much in my accounting classes! Well recommended.

  • @alfayddimaocor7784
    @alfayddimaocor7784 8 лет назад +5

    when he talk or teach, listeners dont have to be a good listener. because he teached so well and get your attention. thumbs up for this prof

  • @Saleh8
    @Saleh8 9 лет назад +1

    I am not an accounting student but I started my new business few months ago and this is extremely helpful to track my business transactions . Thank you very much !

  • @JuliaGraceGarfield
    @JuliaGraceGarfield 8 лет назад +4

    You helped me so much with my accounting class! Couldn't have done it without you, thanks for taking your time to do this! :)

  • @Gingerbeefe
    @Gingerbeefe 10 лет назад +2

    Passed Financial Acconting DSST with your videos with a 59 with 47 being passing. 7 days before they stopped offering the test too! Thank you!

  • @rahulmathur9114
    @rahulmathur9114 6 лет назад +2

    This video is really amazing as it clears the concept on Equity part of the equation. Many teachers are only adding the profit in Capital but when it comes to expenses they are treating this in a different way. Many Thanks!!!

  • @ilybarbiegirl
    @ilybarbiegirl 9 лет назад +217

    Why do proff make this sound so confusing and long and people on youtube explain in in couple min and you get it lol

    • @seanathin-c7n
      @seanathin-c7n 9 лет назад +22

      I think the biggest factor is that people on RUclips have as much time as they need to get through things as opposed to the time constraints of a professor

    • @JdaPrynce
      @JdaPrynce 7 лет назад

      I agree!

    • @ABEW19043
      @ABEW19043 7 лет назад +4

      It also does help that a professor has likely gone over this with you once already, so watching the video is just having it explained in a different light, which can really help expand your knowledge and make things click.

    • @wquinn25
      @wquinn25 6 лет назад +2

      You are just more a visual learner .. at least that's what happens to me.

    • @alqasimalqasim2742
      @alqasimalqasim2742 6 лет назад

      ABEW19043 True

  • @justincarrizales1206
    @justincarrizales1206 2 года назад

    One of the greatest accounting teacher so far!

  • @sealyuh
    @sealyuh 13 лет назад

    most other videos that tried to explain the same concept didn't teach with an example NEARLY as well as you did- thank you!

  • @qumarulhasan
    @qumarulhasan 13 лет назад

    YOUR EXPLANATION IS VERY EXCELLENT & WORTHY, NON-COMMERCE STUDNENT CAN ALSO UNDERSTAND ACCOUNTING, YOU ARE..... YOU ARE.... YOU ARE..... MOST MOST MOST EXCELLENT TEACHER .... THANKS

  • @WillyWilly1944
    @WillyWilly1944 13 лет назад

    You are an exelent teacher. I did not understand accounting until I saw your video classes.
    Books does not explain as easy as you do.
    Thank you very much for explaining it for free.

  • @soulcake76
    @soulcake76 6 лет назад

    Whoop, whoop!!!! I got it! Took me as long as it took you to explain it-it's been 2 weeks since beginning of semester and barely anyone in class could grasp it!!!

  • @sammyangel66
    @sammyangel66 12 лет назад +1

    Thanks so much for posting these videos! This is helping me sooo soo much more then looking at my book for an online class. Thank you again!

  • @TacomaJD
    @TacomaJD 12 лет назад

    Thank you thank you thank you!!! I am taking my accounting class online, so all I have is problems online to solve and a 10 lb Accounting book.....and this is ALL new to me. Your videos clear up so much! You have ways to teach that makes these concepts easy to understand. Thanks alot for the time you took to make these videos!!!

  • @carolynwetmore691
    @carolynwetmore691 11 лет назад +1

    You are so helpful!!! You are great at explaining everything! Thank you for "saving my life". Sincerely , a stressed out student.

  • @chapisydaddy
    @chapisydaddy 9 лет назад +1

    wow, Best teacher EVER! Thank you so much for knowing how to explain T accounts.

  • @kingdomwomanj
    @kingdomwomanj 10 лет назад +4

    You are an awesome instructor....Thank you. Now I finally get it.

  • @briannamcleod6989
    @briannamcleod6989 13 лет назад

    this guy is right now I didnt understand accounting either so my last resort was youtubing it and i subscribed to this guy I wish he was my professor definately knows what he's talking about

  • @telenaav
    @telenaav 12 лет назад

    Great! Thank you very much. I like the way you explain very clear and eassy. Direct to the point.

  • @angelmaria3334
    @angelmaria3334 6 лет назад +5

    Thank you so much for this, wish I had you as my professor!

  • @GOGITTA101
    @GOGITTA101 9 лет назад

    I really appreciate your 7:54 minute lecture. Great video my next course is accounting and this gives me a wonderful starting point. Thanks.

  • @mattfisher64
    @mattfisher64  11 лет назад +6

    Fundamental Accounting Principles by Wilde. The publisher is McGraw Hill. You can get the 19th, 20th or 21st edition. There are very few changes in any of the editions.

  • @jhenlino2200
    @jhenlino2200 8 лет назад +1

    you explained it very well more than my teachers. i drop accounting subject twist and i can only understand it after watching ur video. thank you sir. good luck with my exam later.:)

  • @almohajer012
    @almohajer012 11 лет назад

    I asked the teacher on the first course of accounting what happen if I misplaced credit and debit , she answered me if you do Accounting will be hard for you, Stupid isn’t it ?, when I watched your videos I figure out that is so easy, but she can’t explain it effectively , thank you and keep up the good work , you don't know how much i learned from you . thx

  • @amandaanzalone3107
    @amandaanzalone3107 9 лет назад +62

    How many people have finals next week and haven't shown up to class in like 2 months so this is your final resort?

    • @kevinbb3349
      @kevinbb3349 9 лет назад

      +Amanda Anzalone Yup that's me over there

    • @flyingtaco725
      @flyingtaco725 8 лет назад +3

      +Amanda Anzalone lol how did that work out for you

    • @optmeoutbihhh2936
      @optmeoutbihhh2936 5 лет назад

      That was dumb

    • @steezmonster92
      @steezmonster92 5 лет назад

      As someone whose been there before, I'm sure you're paying for that these days hahaha. Hope you've gotten it together since then! All love.

    • @archy6248
      @archy6248 5 лет назад

      you learned this in college im learning this in 9th grade

  • @paulmomodu720
    @paulmomodu720 3 года назад

    Thanks Professor for the lectures, enjoy it very much......hope to receive more.

  • @rachello80
    @rachello80 12 лет назад

    thanks a lot, i couldnt understand even i studied for several class, but i understand after watching this!!!

  • @alijama5026
    @alijama5026 9 лет назад

    This teacher is good or cleaver and he explain this concept very well. Thank you.

  • @ivanarteagajeep
    @ivanarteagajeep 10 лет назад

    Thanks for posting these videos I am about to start accounting and wanted to get a grasp of what I am getting into. Thank you for your clarity I will be sure to read and reread my accounting classes chapters!

  • @MaiProject2024
    @MaiProject2024 Год назад +1

    Your videos are great for reviews.

  • @vincentortega4284
    @vincentortega4284 9 лет назад

    Great video instruction. You explain this concept very well. Thank you.

  • @StRaWbeRrYsasha
    @StRaWbeRrYsasha 13 лет назад

    i love your teaching! it is soo good i wish u were my understanding company accounts and finance lecturer, then i would be miles better of ! :-) thanks

  • @liujun4842
    @liujun4842 2 года назад

    This man so good on teaching!

  • @conchaun12
    @conchaun12 11 лет назад

    Thank you for these videos I am going to start my accounting courses this fall and I really want to be prepared. These are definitely helping me.

  • @loantran7006
    @loantran7006 9 лет назад +1

    Thank you for posting such a great video! This video made me feel very confident of taking accounting. Please post more if possible. ;)

  • @whatsuppauline
    @whatsuppauline 8 лет назад +2

    Blessed to have come across you! Thank you so much!

  • @fhowland
    @fhowland 6 лет назад

    Great vid, thanks for explaining with such easy to understand examples.

  • @cesiralucia
    @cesiralucia 12 лет назад

    your videos are helping me tremendously! thank you, thank you, thank you.

  • @anhtruong17
    @anhtruong17 11 лет назад

    Gosh , I so appreciate your work , you save my life.

  • @ralithelion
    @ralithelion 10 лет назад

    You are officially my favourite professor!!

  • @bivan1438
    @bivan1438 7 лет назад +1

    This is one damn good explanation sir! Thanks for the help, my book makes it way more complicated than it needs to be.

  • @MrZezima
    @MrZezima 13 лет назад

    OMG THX!! I SHOULD GET A SUPER DISTINCTION FOR MY ACCOUNT AFTER LISTENING TO THESE VIDEO..!! THX A LOT!!

  • @krishnachaitanya8853
    @krishnachaitanya8853 3 года назад

    Thank you...very helpful :), excellent teaching...

  • @aluaptraep3284
    @aluaptraep3284 2 года назад

    You are a great teacher,thank you.

  • @christopherscroggs5728
    @christopherscroggs5728 6 лет назад

    this guy bout to save my gpa fr. my prof ass. this guy a GOAT.

  • @K8teeeeeeB
    @K8teeeeeeB 12 лет назад

    Its so easy when you explain this!

  • @takinoffthefatsuit
    @takinoffthefatsuit 10 лет назад +3

    Goddess bless you! You are so much better at explaining this stuff than my professor.

  • @sunshinemurad3374
    @sunshinemurad3374 10 лет назад

    i work as an account asistant although i didnt study accounting and this video helped a lot to understand it so thnx so much.

  • @T.K.Do-Jeddah
    @T.K.Do-Jeddah 10 лет назад

    i wish i'd this Doc. when i was in Uni ,,,,, that was just perfect

  • @googleization
    @googleization 9 лет назад

    Very Good Instructor. He is my Guru.

  • @rizkajones
    @rizkajones 13 лет назад

    Thank you so much ! You are an excellent teacher.

  • @bktitans927
    @bktitans927 14 лет назад

    This video was featured in one of my classes. Excellent explanation.

  • @ayonsaha7963
    @ayonsaha7963 7 лет назад

    lol the professors are just fine. i just want to watch these videos to refresh my memory, and also compare notes that I got from my professor. Honestly, if you pay attention and listen to your professors correctly, everything works out.

  • @derek690
    @derek690 8 лет назад

    Thank you so much for this video, it helped me to understand accounting equation easier.

  • @shakaama
    @shakaama 10 лет назад +15

    ooooooooooh. I feel dumb now. you're way too good at this. ding ding ding. light bulb goes off.

  • @nerminmahran188
    @nerminmahran188 12 лет назад

    Thank you so much, you are an excellent teacher, God bless you .

  • @bongiwethusi7501
    @bongiwethusi7501 11 лет назад

    wow...simple and understanding ...tanx hei,,,,wow

  • @RicanOfMayhem
    @RicanOfMayhem 11 лет назад

    this guy is an awesome teacher!

  • @Torqueyeel
    @Torqueyeel 10 лет назад

    Thank you so much! You make all of this so simple!

  • @trangling563
    @trangling563 10 лет назад

    thank you ! just started to take my accounting class you really helped alot

  • @lesliecuriel2112
    @lesliecuriel2112 4 года назад

    You need to comeback yo RUclips monetize your videos love your content and develop a series of videos in principles of accounting, managerial accounting, and the other accounting clases great job explaining!!

    • @mattfisher64
      @mattfisher64  4 года назад

      Leslie Curiel thank you. I have lots of videos under Online Edvantage. Go to that channel and select the playlists for either financial or managerial accounting. Also there are lots of videos under mattfisher64

  • @vedantkrishnatrey
    @vedantkrishnatrey 13 лет назад

    Thank You soooooo much! You are an awesome teacher!

  • @nmkone2207
    @nmkone2207 6 лет назад

    You are amazing, love this videos.

  • @daniawania
    @daniawania 13 лет назад

    Awesome!! straight to the point and gimmicks :D

  • @krismas9732
    @krismas9732 5 лет назад

    Sir FISHER, YOU ARE A GREAT TEACHER

  • @MrMessinosta
    @MrMessinosta 12 лет назад

    You're an amazing teacher. Thank you very much

  • @Jonathanhalim2000
    @Jonathanhalim2000 11 лет назад

    Wow, I really love, the way you teach us, Thank you so much for your help, Jbu :)

  • @Happy2be4c
    @Happy2be4c 10 лет назад +1

    Thank you, this is very helpful!!!

  • @ExtremeWassabi
    @ExtremeWassabi 11 лет назад

    My professor instead goes around the class and does textbook questions. When a student does not answer, he/she is lectured and pin pointed to the entire class... Oh and basically 0 notes go on the board. So I thank you Mr.Fisher. Lol I'm going to fall asleep to your videos tonight, literally.

  • @yeyo-sz2cw
    @yeyo-sz2cw 3 года назад

    I'm taking an online bookkeeping course, they use it as: assets - liabilities = capital; which is the same concept but I like it better as: A - L = Capital.

  • @ArresAmir1
    @ArresAmir1 13 лет назад

    thank you very much , its a perfect video
    that help me sooooooo muchhh :)))

  • @pedrohango8273
    @pedrohango8273 8 лет назад

    am in the class 4 6 months and i never get it,and u did it in 8 mnts,Grande Guruuuuuuuuuuuuuuuuu😍😍😍😍💋

  • @DeDom
    @DeDom 13 лет назад

    hell yea, just helped me out big time with my homework.. thanks!

  • @boomerangnow
    @boomerangnow 11 лет назад

    Very nice explanation! Thank you Mr.Fisher. What book would you recommend we read to get the basics along with watching this video? Appreciated!

  • @anopasilver
    @anopasilver 6 лет назад

    good job , love from Zimbabwe

  • @elhamheidarzadeh2730
    @elhamheidarzadeh2730 8 лет назад

    You are the best. Thanks

  • @wadood8
    @wadood8 8 лет назад

    Awesome video.
    And thank you.

  • @THV6002
    @THV6002 11 лет назад

    8mins > 2hrs lecture !!!! BIG THANKS!!!! T.T

  • @krisp3546
    @krisp3546 8 лет назад

    Is there a work sheet that defines the terms of payment and when and how you record it.
    I get confused with
    if they pay cash on the spot then you input in as asset and equity correct?
    but what if you buy things on credit then you don't record it or you do once payment it made?
    or if you buy things and have 30 days to pay it then when do you record it when the payment is made or when the transaction is made?
    I have been looking for something that will drill all these scenarios or has one sheet so I can memorize it.

  • @andreabrown4141
    @andreabrown4141 2 года назад

    Thank you so much for this video.

  • @santhankumar007theon
    @santhankumar007theon 11 лет назад

    thank you soo much sir for making accounts easy for me

  • @sharifabahar6257
    @sharifabahar6257 9 лет назад

    it is great . thanks a lot sir .

  • @jeanieroanovicio6338
    @jeanieroanovicio6338 6 лет назад

    Thank u for this video. I understand it easily. 😄

  • @typeslowly4billion
    @typeslowly4billion 13 лет назад

    I echo the sentiments of everybody else who commented here. You truly are a gifted communicator. At the very end of this video, you briefly alluded to studying along in a book. I assume it is a textbook that corresponds with your teachings? If so, can you provide the title and author?

  • @eilenkatarinalunde2969
    @eilenkatarinalunde2969 7 лет назад

    Well explained. Simple

  • @sthembisocele8814
    @sthembisocele8814 6 лет назад

    Thank you, you make it clear for me now

  • @graceheenan1379
    @graceheenan1379 3 года назад

    AMAZING VIDEO!

  • @CrankDatDFG
    @CrankDatDFG 11 лет назад

    This is very useful! Thank you!

  • @dackcanales
    @dackcanales Год назад

    This helped so much.

  • @gontsegalabies4813
    @gontsegalabies4813 9 лет назад

    I thank you for sharing knowledge with me

  • @aliyahmccorkle4646
    @aliyahmccorkle4646 6 лет назад

    this dude just saved my life lol

  • @aryansher314
    @aryansher314 7 лет назад

    thank u soo much u r the great teacher