Preparing the Financial Statements (Financial Accounting Tutorial #25)
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- Опубликовано: 29 авг 2024
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This financial accounting tutorial explores how the adjusted trial balance is used to complete the 3 main financial statements: the Income Statement, the Balance Sheet, and the Retained Earnings Statement. We examine how to construct these basic finance tools, explain why you construct each statement in a specific order, and examine effects on accounts like equity.
Feel free to skip over parts. It's a pretty simple tutorial where I mainly transfer account balances.
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You are the only reason why I'm doing well in accounting right now :) Thank youuu!!!
I really appreciate all of the support you've given us.
I'm a IT student and we had a Acct. subject. Your videos helped me do alot.
This video help me a lot with my assignment . Thanks
Thanks. I needed the refresher. Thanks for the free hard work. Helps me and has helped me so much.
Hello guys, first of all I love your videos they truly help to understand. Is it possible to make one on NOTES of financial statements? Especially why income tax insn't always 30% od BPBT and how that can be calculated? Thank you! xoxo
so when you wrote the balance sheet did you switch places of credit and debits?
Hi, why did the Equipment $600K is debit on the Adjust Trial Balance , but credit on the Balance Sheet?
Hi note pirate do you have a video on bank reconciliation? If not can you make a video on it? Love your videos they saved my life
Do u have skip step for t account while preparing final final trial balance after adjusting.
thank you very much! Your videos are an amazing help!
can u teach how to calculate opening inventory? I'm new at this
can you explain how you arrived at the revenue total on the trial balance side
thanks. this helps me a lot
I find it useful thanks
Does this comply with the international financial standards, if not what are the differences and how can I make a balance sheet which complies with IFA 1.
Thanks
can i ask the url of the previous video??? tutorial #23 and 24...plssss
Very helpful
Where the dividends ?
I really like accounting but there are so many corrupt and arrogant people in the field.