Financial Accounting - Balance Sheet

This video goes over the accounting equation and how it relates to the Balance Sheet. It also explains the balance sheet both comparative and classified

[@IAmMTG1]

I go to a College in Florida and your videos are helping me understand Financial Accounting before I take the class.
Thank you for taking the time out to educate students on the internet.

[@wilhelmiii3668]

how's life now?

[@coconutkoalas8880]

You are a great teacher. You explained things so clearly. It took me an hour to learn this concept from my textbook whereas you explained it even better in just ten minutes! Thank you.

[@kushman27]

This is such a simplified and easy-to-understand concept the way it's been explained in this video by this professor. Loved it!

[@Chriss.lindstrom]

My teacher is the most monotone person I've ever hard so it is easy to lose interest but you explain things a lot better. Thank you.

[@michaelasihene8735]

So as mine

[@edvardssnepsts1385]

Such a simplified and easy-to-understand concept, thank you for helping to prepare for exams, starting to feel good about it :D 💪

[@gangsterbacon8069]

my buisness exam is tomorrow wish me luck !

[@IAmMTG1]

I got to College in Florida. And your videos are helping me understand Financial Accounting before I take the class.
Thank you for taking the time out to educate students on the internet.

[@1234piano]

I'm a beginner and learned some basics I need to understand. Thank you Matt for explaining so clearly to me - easy to understand!

[@mattfisher64]

Chris Graham Try my Online EdVantage channel on RUclips. Thx

[@CSenpaI]

Great teaching but we need you to put example.

[@joncapparelli1]

Thanks for all the videos I am in intermediate accounting now and I always refer back to these videos as refreshers.

[@miguelcabra]

Thank you so much for your explanation! I’ve been watching a bunch of videos about this topic but I finally got it with yours.

[@martinpan9680]

this is a really good video, even just 3 hours before the exam, and it will be easily to understand and it really helps compare to those ppts, thank you sir

[@XzQXiaoEnQzX]

Good Day Sir, I just want to tell you that you are a true PROFESSIONAL! I enjoy watching your videos because I'm able to understand your lessons clearly. Thank you very much!

[@alexbejenari3546]

I got University in Romania, you are helping me a lot to understand financial accounting!

[@zbruhz1378]

This is better then my accounting teacher simple and easy to under stand while using understandable terms

[@christianhammon4024]

thank you very much. im struggling a lot with this years accounting class and you helped me out the understand the basics, gonna keep watching your videos.

[@LocalReviews87]

I wish you were my professor!!! My professor doesnt take time to explain but now im understanding thank you

[@darshansingh8217]

You are the Best instructor i ever had. Thanks

[@kkangaroo_e126]

Thank you for your video! I have a poor English, indeed it's hard for me to understand the material in the lecture. Your video helps me understand the material within 10 mins! thank you professor!

[@anoah1517]

Such a great teaching technique this guy make understand something my own teacher couldn’t make understand

[@peterlee9401]

I just began to study accounting, this video is very useful.
Thanks very much.

[@chiaramassa2754]

This is great! You explain everything so well! I am using these informative videos to study for my finals at Uni in Germany!

[@corysleeger1574]

I will be starting this class after Xmas vacation. Ty for posting the videos so I know what I am getting into

[@henryssempijja2898]

These videos makes me understand better than in class

[@johna7965]

Thanks for the video/it was an informative refresher. If only it(& the Internet) were available thirty years ago!

[@alittlebitofheaven2570]

I wish you were my professor. You are easily understandable. Thank you!

[@dinoAlvin]

Your videos really help me out. Thanks for your time.

[@reziko53]

You are a very good teacher! Ideal simplicity here!

[@jassimon2853]

Thank you very much for this great video, The explanation is very clear and simple. Great job.

[@pierrec.dussault2138]

What a gem of a video

[@hmparab80]

Explained in such simple terms.. thank you very much..

[@garrettthackoorie6904]

Great video and clear explanation - thank you!

[@theprimecoder4981]

Thanks for the knowledge you giving me with these videos

[@zhugary7197]

I want you give us more examples to understand

[@mercurichinc]

useful infomation , go forward with this channel!

[@rachitbansal265]

Thanks for the great videos. They make learning so easy !!

[@sanderdewaal91]

Thank you very much! Great explanation. Greetings from the Netherlands

[@abdinasirmohamedali4162]

this video it is important for any person studies financial accounting

[@arnoldbalobal524]

You're such a great teacher!

[@valentinogomez6906]

exactly what i was looking for thank you very much

[@gatkhormutkai776]

Wonderful lecture thanks for your tremendous explanation

[@TheMMKibria]

Its really great job.

[@abdirahmanbishar9588]

Thank you so much for your good explanation of accounting

[@ihbuib]

You saved my life

[@harshitagarg5162]

Thanks for lucid explanation .

[@Kz-mn9xm]

Greatest teacher

[@anodalfaraidy]

you"re really a good teacher

[@thatsamoorexo]

Thanks so much! This helped tremendously. Great job, and explanation!

[@mustafinaolga5539]

thank you, you are my savior :)

[@accountmaticwebapp2682]

I like the explanation in simple way.. easy to understand

[@codytipton3615]

Thanks for the free info!!!

[@Peak_Mindset717]

thank you very much , its very helpful and very clear

[@brianwarner308]

good videos Matt, i hope you upload more as your class progresses

[@koleneellis7041]

your videos are so helpful ...thank you

[@AbdoulayeBalkisou]

Thanks vary much for the video i have well understand it❤

[@mariarosario25]

GREAT EXPLANATION

[@madwilli3205]

Accounting noob here with a quick question. What if you are investing your own capital into your business and aren't borrowing cash or have anyone investing in your company? In that case would your assets be greater than your liabilities/shareholders' equity?

[@owenevans83]

I think so but I'm not 100% sure

[@AnimalThug1984]

Where are you located professor? Your videos are truly helpful and very easy to understand compare to my teacher in my school, she goes over things very fast and she gives us no details. I was wondering if you do private tutoring?

[@CaliPrince11]

Well taught lecture!!!! thank you sir for helping to better understand this material.

[@biomebonum1802]

i would like to do accounts on my own but i don't know the best materials/books to buy because am not online all the time, can you advise me please. i would appreciate.. good job

[@brad177]

You fucking go matt fisher , you go. ignore these haters.

[@sisimisi7955]

Very helpful.Thank you Professor .

[@Nickthepunk22]

I agree.

[@byrantoby9786]

Thank you professor, ideas are clear :)

[@lowmett2165]

Hi. What's the difference between PP&E and fixed assets? Thanks.

[@HeyBoy4040]

Thanks professor

[@Croopskate]

thanks! this was very informative

[@falidan]

If you're withdrawing money for personal use, how do you record this in the balance sheet

[@zaru1054]

This is very good

[@TheSpaceman332211]

So you won't see profits on the on a balance sheet correct?

[@j.l9903]

great explaining

[@coop4476]

You're the best!

[@mustafinaolga5539]

how about, equipment or equipment net, are these would be also assets and whats the difference between these two?

[@MrGrimXIV]

Thanks a lot, useful information.

[@nicklockard6592]

Very Helpful!

[@Ryan-tw6ch]

Great!..nice vid, thanks

[@JemmaAceOfDiamonds]

This is so helpful!!!!

[@Will-bn3vt]

Great videos

[@tajbirakabir]

Thanks really helps!

[@manjunathanicesong8095]

good morning sir how to prepare monthly balance sheet and quterly balance sheet please prepare demo

[@shairm785]

Super Stuff Thank You

[@cabdipep2763]

that is good teacher

[@Galahad5923]

what kind of items are included in the assets? other the capital, machinery, cash etc.

[@thelastnameiwanted]

Basically anything the business owns

[@joshuacang8370]

I understood this a lot more than my prof. Haha

[@htdiah9587]

Joshua Cang same

[@Woodendoctor]

Under what can we record the Account receivable?

[@TheVaskz]

Amazing!!!

[@Myseri.1]

U get more 1 like. :) this video is very good

[@joshbrown3961]

You are a god

[@HamzaSohail]

Nicely Explained!

[@mattfisher64]

Thank you

[@HamzaSohail]

@@mattfisher64 sir by any means you have a video covering 'Recording Transactions' Chapter 8 from FA1? Or a detailed video on Control accounts?

[@mattfisher64]

Go to my homepage and you'll see my beginning accounting videos. There you will see a video on recording journal entries

[@HamzaSohail]

@@mattfisher64 Sorry Sir to bother you again. I cannot find it. Can you tag me in that video? Thanks

[@mattfisher64]

Just search mattfisher64 videos and all my videos should appear. I've grouped the beginning ones in a playlist

[@songran258]

Thank you!!

[@valeriiaani7477]

Nice explanation)

[@FoodLiquorCool]

Just subscribed, thank! :)

[@cholmayen1801]

Thank you

[@syalcanatara2025]

is owners equity necessary in balance sheet ?

[@aesthetic_goose]

yes it is

[@jarizminrivera5999]

Thank you! :)

[@mayaspalace]

Thanks!

[@cabdipep2763]

what is means balance sheet

[@porkminez]

thx alot very useful :D

[@dinakongofficial]

Hi, Matt, I've got much trouble in Accounting class. Could you help me? How can I get in touch with you?

[@berkhyt]

communicate with smoke

[@aanuimmanuela2452]

👍

[@AjrielAndrade]

Nice clock......

[@AlonsoRules]

Wouldn't Accounts Payable and Note Payable be the same thing? A loan is something you owe to someone else, in this case a bank.

[@noname-gb3il]

No. They are different in the sense that note payables were incurred by "promise" through notes account payables are just billed.

[@ClashingWithL]

+Anthony Kernich yes they're both liabilities