Financial Statements - Ch. 1 Video 3

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  • Опубликовано: 24 ноя 2024

Комментарии • 109

  • @jordanestrada2370
    @jordanestrada2370 9 лет назад +14

    So thankful that I found your videos!!! I'm taking an online class and she has given us no direction. She just put up what assignments we have to turn in, so I was reading through my textbook trying to teach accounting to myself. This has cleared up so many questions! thank you, thank you, thank you!!!

  • @eiatos
    @eiatos 10 лет назад +10

    You literally saved my whole year with those 7 minutes, I love you man

  • @tenspeed234
    @tenspeed234 10 лет назад +7

    You're a saint man, taught me more in 10 minutes than I've learned from my professor in the past month

  • @bunny32894
    @bunny32894 3 года назад

    Going back to school 5 years later and wanted a refresher. And thank goodness for you. It's all coming back to me

  • @leomega
    @leomega 10 лет назад +35

    my teacher could not explain this in 4 hours. you did it in 7 min.

    • @Medeya07
      @Medeya07 9 лет назад +2

      I got a lazy professor as well! He rushes out without giving any explanation or straight answer.

  • @ShowBoxKuda
    @ShowBoxKuda 10 лет назад +62

    Basically you explained something so simple in 10 mins that took my teacher 10 hours lol

  • @niahall6250
    @niahall6250 Год назад

    For somebody who just started accounting as of today this was amazing very helpful, very straight forward and well explained . Thank you so much for helping me and explaining this to me

  • @lesedilight970
    @lesedilight970 5 лет назад +1

    I thank GOD for guiding you to upload these videos for us. You are a blessing to our academics! More Grace sir!

  • @palomahernandez8171
    @palomahernandez8171 9 лет назад +4

    Thank you very much for posting this video. It's been really helpful in my semester taking accounting. now every time my profesor explains a new topic I watch your videos a head of time to have better understanding.

  • @Morgananegreiros
    @Morgananegreiros 10 лет назад +4

    Thank you so much,
    I'm dreaming with teacher like you. If the teacher is lazy and do everything deep fast and Doesn't want to writing on a blackboard.
    Is really hard for someone to learn specially if is not our language.
    God bless you for your time and patience.

  • @toniiaungelik7536
    @toniiaungelik7536 10 лет назад +8

    OMG this is the best tutorial that I have ever had
    Thank you

  • @miriammajor6643
    @miriammajor6643 7 лет назад

    Thank you to the people responsible for these videos. I have been reading this information and getting so confused however have found these videos so easy to watch and understand which is making me feel so much more successful instead of just frustrated.

  • @dithishetty6120
    @dithishetty6120 5 лет назад

    I usually don't comment on public posts but you are an amazing teacher, have to take my midterms in less than 5 days and scrambling as much information I can in few hours and I was giving up my hope of passing as I am in my late 40' and taking accounting being in the medical field had not to clue about accounting . Thank you so much for your selfless effort

  • @SonnieSoNice
    @SonnieSoNice 9 лет назад +6

    T-Accounts and Debits & Credits - Ch. 2 Video 1 + Financial Statements - Ch. 1 Video 3 = A ( Best Teacher Award goes to you)

  • @maxpaulic9897
    @maxpaulic9897 6 лет назад

    Tbh you saved not just my day. You saved my whole period of accounting. I have read through the chapters all the night without understanding anything, and then in just a few minutes, you explain it so logically as it was nothing. Thank you so much!

  • @KIMI-qj3xp
    @KIMI-qj3xp 8 лет назад

    This video was very easy to understand. I hope I can put it into practice. The business world is so new to me and I have to admit I can not even or do not balance my own checkbook. I always figured if you had more money going out then in you were in good shape. I am starting to see how important it is to keep and document accurate records. I am such a visual learner, that I am gaining a new understanding through these videos and this instructor. I liked how he broke down the financial statements in order, explaining that one statement has to be done before the other.

  • @maxl9702430
    @maxl9702430 11 лет назад

    You sir, are both a Schollar and a Gentleman... Thanks for all that you do!

  • @bak2black
    @bak2black 8 лет назад

    This is amazing... I have had accounting subjects on/off for the past 12 years and I finally feel that I am understanding it...soo excited Thank you

  • @brandonbeene7813
    @brandonbeene7813 10 лет назад +4

    These videos really help, thanks for doing this and helping us out here.

  • @aimanvic1995
    @aimanvic1995 11 лет назад

    i never had any basics in accounting but currently taking accountancy for my course in university,Thank you very much for the basics,i never knew eventhough how complex accounting can be,it gets more and more interesting. :)

  • @rajaasam
    @rajaasam 9 лет назад +1

    thanks a lot for your lesson, really helped me lot, because in my case, i want to start a business plan, but i dont know how to balance the financial statement, I think in this whole world you are only one person tough about in starting stage how to balance the financial statement,
    i wish u to post ur lesson as much as possible . God bless you long time

  • @louisewells348
    @louisewells348 11 лет назад

    I'm from Perth, Western Australia too... I am so grateful to you for these videos they have helped me no end with my accounting degree. I'm studying from home and find it hard with only a text book to study from, you make it I really easy to understand. I appreciate the time and effort you have put in to produce these lectures. THANK YOU!!

  • @ramu992
    @ramu992 5 лет назад

    What you said is true sir, i didn't understand accounting at first and was intimidated by it..now i know how it works and it's my favourite subject.

  • @Znorps
    @Znorps 12 лет назад

    Thank you so much for posting these. Been having a real tough time of getting this stuff, I'm only four videos in and I'm starting to get it. Thanks for uploading these.

  • @rachealllengacher7165
    @rachealllengacher7165 6 лет назад

    It's all crystal clear now thanks to your videos. Testing tomorrow so just in time. Thanks Matt!

  • @cannfoongyap2118
    @cannfoongyap2118 9 лет назад +2

    This is actually something i never thought of saying it, your video is actually make me understand easily about accounting. My lecturer did kinda explain to me about how to work with it, but you just nail it in your video is only like 5-15 min lecture. It's easily for me to understand. I don't know how to thank you for this but really thanks so much @mattfisher64

  • @richardepoulinjr
    @richardepoulinjr 12 лет назад

    Great video. It's nice to get another one's view or instructional technique on this subject.

  • @davidmcconnell4443
    @davidmcconnell4443 7 лет назад

    Very Well Done Sir. I appreciate the way you break it down are able to explain this in its simplest form.

  • @johngcahill9583
    @johngcahill9583 5 лет назад

    First time I have ever understood this...Thank you Sir

  • @hannakurimoto-fischer7600
    @hannakurimoto-fischer7600 4 года назад +1

    Jesus this guy is good, thank you!

  • @rizkajones
    @rizkajones 13 лет назад

    Thank you so much for your awesome work, you are the best ! you help so many peoples thats want to be an accounting. I really appreciated your effort !!

  • @norad7688
    @norad7688 11 лет назад

    Thank you so much, that was very helpful. I love you more than our teacher

  • @mukhtaaroswadaniabdi8947
    @mukhtaaroswadaniabdi8947 11 лет назад

    Thanks for your videos accounting basics. you are good teacher

  • @subindad
    @subindad 12 лет назад

    Great lecture.
    I feel like Kevin spacey is teaching me accounting

  • @norad7688
    @norad7688 11 лет назад

    Thank you so much, that was very helpful. I love you more than my teacher

  • @6cmc9
    @6cmc9 11 лет назад

    You actually make me feel like i know stuff.. These videos make me very interested

  • @cashmanagerlimited525
    @cashmanagerlimited525 9 лет назад

    You made this topic seem so easy! Thank God I came across this!

  • @user-nu2vc9mp5j
    @user-nu2vc9mp5j 9 лет назад

    this person explains it perfectly. where can I get a hold of him? or a public page to follow?

  • @brandonstacker3378
    @brandonstacker3378 10 лет назад +4

    Thank you very much for making these!

  • @kellyc900
    @kellyc900 11 лет назад

    You are really good!!! Thank you for making all the accounting videos!

  • @rickymtz91
    @rickymtz91 8 лет назад +2

    I finally understand all this! Thank you so much!!!!!!

  • @LilyAmericanDream
    @LilyAmericanDream 6 лет назад

    I love the way you explain it. I need you be my professor!

  • @kendrar.duvallrnmsnmbacen8701
    @kendrar.duvallrnmsnmbacen8701 8 лет назад +1

    This accounting gets pretty involved. You can really miss something if you don't pay close attention. I watched a previous tutorial by you in which stated accounting needs to be practiced and reviewed daily. One shouldn't look a it one day and wait several days before coming back to it, we will be lost.

  • @THV6002
    @THV6002 11 лет назад

    Now accounting makes sense to me!!! I wish i could find your videos earlier!! BIG THANKS!!!

  • @Medeya07
    @Medeya07 9 лет назад +1

    THANK YOU! My life back to normal again haha

  • @marcellomazzilli9196
    @marcellomazzilli9196 10 лет назад

    thank you so much for your videos, really helpful, you are an amazing teacher!!

  • @Jiynzo
    @Jiynzo 7 лет назад

    god bless you man. thank you soo much for all your videos and help!

  • @michaellopez4714
    @michaellopez4714 7 лет назад

    It's true. The more I understand, the more I like

  • @younalazzawi
    @younalazzawi 5 лет назад

    First of all, thank you very much for the videos. I would like a recommendation for a text book that I may consult for working examples along with the videos.

  • @aliomar1030
    @aliomar1030 5 лет назад

    From Iraq Thank U so match .. I wish that I have Thacher like U .

  • @Handsamq8
    @Handsamq8 8 лет назад

    Go ahead and go on 🌹

  • @etjh0071
    @etjh0071 9 лет назад

    Thanks mate! I didnt understand these at first but now i do

  • @venzone8854
    @venzone8854 7 лет назад +1

    Thank you so much, when the teacher at my class try to explain it,
    I can't understand, wtf she was talking about,
    it was all giberish,
    like watching a anime without the sub.
    "Not knowing the language"

  • @JamesDark
    @JamesDark 12 лет назад

    master piece of work, amazing ~.~ thank you very much for your time,your teaching worth a lot to us :)

  • @moudi1158
    @moudi1158 8 лет назад

    it is very clear i dont speak english very will but i understand of you > . thank you mr and i hope you make another acounting video not just principles of accounting

  • @sallyawad1
    @sallyawad1 12 лет назад

    Thank you very much of these great videos, I would like to know what is the name of the text book so that I can practice the examples. Thanks

  • @karenrichard1890
    @karenrichard1890 7 лет назад

    I like your teaching style. What textbook do you use? Thanks! :)

  • @aryansher314
    @aryansher314 7 лет назад

    thank you so much you r the greatest teacher 👍🏻👌🏻

  • @tedoymisojos
    @tedoymisojos 6 лет назад

    Thank you, great series

  • @irenediaz605
    @irenediaz605 5 лет назад

    REALLY GOOD TEACHER,THANK YOU!

  • @luispetersanchez9765
    @luispetersanchez9765 9 лет назад +1

    Thank you so much for your videos!!

  • @jenniferterrelk8776
    @jenniferterrelk8776 8 лет назад

    Excellent!!

  • @ehteshamali2893
    @ehteshamali2893 10 лет назад

    Thankyou Matt, simple and easy. :)

  • @loramservices
    @loramservices 10 лет назад

    You just open my son's eyes for accounting.

  • @andresobaldo8909
    @andresobaldo8909 6 лет назад

    This is still helpful 8 years later

  • @thatarmyveteranguy2490
    @thatarmyveteranguy2490 8 лет назад

    Question? Are the Statement of Retained Earnings and the Statement of Owners Equity the same? The rest of the financial statements are the same, except for the ones that I have listed.

  • @armandog724
    @armandog724 14 лет назад

    Thank you you explain this so well.

  • @leahdigiallonardo3292
    @leahdigiallonardo3292 8 лет назад

    clear and precise, thank you

  • @FifeLaw
    @FifeLaw 9 лет назад +5

    The only complaint I have is that the audio was poor. I had to turn up my speakers to hear the presentation.

  • @Angied094
    @Angied094 9 лет назад

    Very helpful

  • @Kingsleyuk2003
    @Kingsleyuk2003 11 лет назад

    wonderful

  • @shwe11
    @shwe11 10 лет назад

    It is really help me, thanks for that.

  • @martinbriones1038
    @martinbriones1038 6 лет назад

    you're my hero!

  • @princessaly9507
    @princessaly9507 8 лет назад

    Thanks for the video!

  • @ravysok1539
    @ravysok1539 6 лет назад

    you are a great teacher of financial. But i suggest that u should make video with nice hearing sound. I like your video and your teaching style. I also have a question to ask you:
    Does ''CASH FLOW'' has the same meaning as ''STATEMENT OF OWNERS EQUITY''???

    • @mattfisher64
      @mattfisher64  6 лет назад +1

      No. They are different financial statements.

  • @Lubreeze
    @Lubreeze 8 лет назад

    Would Dividends be the same as Withdrawals Mr. Fisher?

  • @mohamedabdi6443
    @mohamedabdi6443 7 лет назад

    it's amazing lesson thanks for everything but check out the ending capital. i don't if I am wrong of being awake all night or it's 23,000

  • @TheCuteMinna
    @TheCuteMinna 10 лет назад +1

    your amazing

  • @cherishnguyen506
    @cherishnguyen506 11 лет назад

    Dear mattfisher64,
    I have two questions regarding to the formula to calculate Ending Capital. I understood what you have been talking here. However, I think of another situation in which part of Net Income is used to distribute to Owner which is called "Dividend", for e.g $5000 Dividend. Shall 21000 less dividend? If so, we will have 16000 of Ending Capital. Is it right?

  • @Happy2be4c
    @Happy2be4c 10 лет назад

    Thank you, this helps a lot!!!!

  • @Catbird14
    @Catbird14 7 лет назад

    OH MY GAWD THANK YOU. I'm going to try now. -.-

  • @cherishnguyen506
    @cherishnguyen506 11 лет назад

    Second, if my Income Statement from previous period shows that my earning profit is $4000. Shall I put $4000 in 1st row as beginning capital obtaining from previous year profit when calculate ending capital? I am confusing it now, hopefully you will explain it for me. Thanks in advance.

  • @Vikermajit
    @Vikermajit 7 лет назад

    Thank you, kind sir.

  • @libertymaniac
    @libertymaniac 8 лет назад

    I don't understand why the $8,000 and $21,000 are added together. (Accounts payable and equity). Wouldn't the accounts payable be a negative number against the other side of the balance sheet?

    • @DJSherinee
      @DJSherinee 7 лет назад

      it's just needs to be balanced on both sides, the a/p is what the business owes to creditors so it has to be added and the accounting equation is assets = liability +equity

  • @desmond8068
    @desmond8068 11 лет назад

    Nice

  • @GabyAlexaMull
    @GabyAlexaMull 12 лет назад

    I was also following well until the liability, I don't understand how you got it. ? Great teacher though!

  • @BANKO007
    @BANKO007 12 лет назад

    This was great but there was not logic to the figures in the assets column nor the accounts payable, which appear to have been fudged to achieve balance. There is a simple step missing that would have made this an excellent presentation.

  • @theocho97
    @theocho97 6 лет назад

    you are a god

  • @alfitrijal8817
    @alfitrijal8817 5 лет назад

    Hello sir show the question also plz

  • @林伟斌-w7r
    @林伟斌-w7r 7 лет назад

    LOVE UUUUUUU

  • @ravenclifton5580
    @ravenclifton5580 6 лет назад

    thank you!!! :)

  • @Alreshudiak
    @Alreshudiak 11 лет назад

    Thanks a lot

  • @mesi724
    @mesi724 6 месяцев назад

    thank you

  • @yazanbadwan4748
    @yazanbadwan4748 9 лет назад

    can't find first video ? some 1 link it to me

  • @muradbamunif2254
    @muradbamunif2254 7 лет назад

    thank you :)

  • @priyashergill959
    @priyashergill959 6 лет назад

    why is he not my teacher, clearly my schools been hiring the wrong ppl

  • @schallerkd
    @schallerkd 5 лет назад +1

    dude my prof is the worst, shoutout to matt fisher

  • @starplanenl08
    @starplanenl08 6 лет назад

    ma dude

  • @sivum6919
    @sivum6919 5 лет назад

    20x likes🌸

  • @linandy1
    @linandy1 5 лет назад

    Accounting makes me sleepy....