#  @accountingstuff Accounting Stuff Accounting Stuff posts on YouTube about accounting, what is, stuff, how to the most. They currently have [---------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours. ### Engagements: [------] [#](/creator/youtube::UCYJLdSmyKoXCbnd-pklMn5Q/interactions)  - [--] Week [-------] +12% - [--] Month [-------] +40% - [--] Months [---------] +31% - [--] Year [---------] +141% ### Mentions: [--] [#](/creator/youtube::UCYJLdSmyKoXCbnd-pklMn5Q/posts_active)  - [--] Month [--] -31% - [--] Months [---] +22% - [--] Year [---] +100% ### Followers: [---------] [#](/creator/youtube::UCYJLdSmyKoXCbnd-pklMn5Q/followers)  - [--] Week [---------] no change - [--] Month [---------] +0.98% - [--] Months [---------] +6.60% - [--] Year [---------] +17% ### CreatorRank: [-------] [#](/creator/youtube::UCYJLdSmyKoXCbnd-pklMn5Q/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 100% [technology brands](/list/technology-brands) 1.48% [stocks](/list/stocks) 0.74% [social networks](/list/social-networks) 0.74% **Social topic influence** [accounting](/topic/accounting) #40, [what is](/topic/what-is) #3040, [stuff](/topic/stuff) #124, [how to](/topic/how-to) 28.89%, [tutorial](/topic/tutorial) #864, [balance sheet](/topic/balance-sheet) #450, [credits](/topic/credits) #3334, [what are](/topic/what-are) #898, [financial](/topic/financial) #213, [flow](/topic/flow) #1109 **Top accounts mentioned or mentioned by** [@accountingstuffcom](/creator/undefined) [@accountingstuffco](/creator/undefined) **Top assets mentioned** [Alphabet Inc Class A (GOOGL)](/topic/$googl) ### Top Social Posts Top posts by engagements in the last [--] hours "FINANCIAL RATIOS: How to Analyze Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this short tutorial you'll learn how Financial Ratio Analysis works. We'll break Financial Ratios down into their five main groups: Profitability Ratios Liquidity Ratios Efficiency Ratios Leverage Ratios Price Ratios Then I'll show you how to calculate [--] of the most popular Financial Ratios using the Income Statement and the Balance Sheet. Afterwards you can jump into my Financial Ratios Playlist to explore each ratio in more detail. 🔴Subscribe" [YouTube Link](https://youtube.com/watch?v=3W_LwpeG8c8) 2022-08-15T11:00Z 1M followers, 977.8K engagements "The TRIAL BALANCE Explained (Full Example) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--] - Learn how to prepare a Trial Balance using T Accounts and Journal Entries. The Trial Balance is made easy in this episode of Accounting Stuff - Accounting Basics for Beginners Lesson [--] - you will learn: What is a Trial Balance in Accounting. I explain it's definition and structure as part of Basic Accounting for Beginners. Then I explain the purpose of a Trial Balance in Accounting what a Trial Balance is used for and why it was" [YouTube Link](https://youtube.com/watch?v=3_PfoTzSCQE) 2018-09-28T05:12Z 1M followers, 1.3M engagements "32 Things You Should Know as an Accountant 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I share [--] things you should know about Accounting. These core concepts and definitions are key to understanding how Accounting works. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:17 - [--]. Financial Accounting - Video: https://youtu.be/yYX4bvQSqbo 00:57 - [--]. Single-Entry Accounting Method - Video: https://youtu.be/i8RIh04AaD8 01:24 - [--]. Double-Entry Accounting Method - Video:" [YouTube Link](https://youtube.com/watch?v=3ywLcfALZfU) 2023-09-25T09:51Z 1M followers, 146.6K engagements "Debit and Credit Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop So you think you know Debits and Credits Lets find out. In this video Ive prepared [--] multiple-choice quiz questions to test your knowledge of Debits Credits and Double-Entry Accounting. Well start with the basics then move on to trickier scenarios that every accountant should know. Keep track of your score and remember to share it in the comments can you get 20/20 Whether youre studying for your accounting exam brushing up on bookkeeping skills or just" [YouTube Link](https://youtube.com/watch?v=5rsJdLYgWaY) 2025-09-22T01:22Z 1M followers, 21.3K engagements "Accrued Revenue MADE EASY Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accrued Revenue aka. Unbilled Revenue is an adjusting entry that is very common in service businesses. In this video you'll find out what Accrued Revenue means and how it works using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses https://youtu.be/RE7wrflFOGA Deferred" [YouTube Link](https://youtube.com/watch?v=7ibN25VCvFg) 2019-07-16T13:00Z 1M followers, 237.5K engagements "What Does Equity ACTUALLY Mean 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Equity means in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll find the definition of Equity in Accounting. You'll also learn how Equity is made up of Capital Contributions Retained Earnings and Withdrawals. And as if that wasn't enough you'll also find the link between the Income Statement and the Balance Sheet in the context of the expanded" [YouTube Link](https://youtube.com/watch?v=Fr5oHEYrT2A) 2019-03-12T03:18Z 1M followers, 528.4K engagements "Prepayments and Accruals Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Adjusting Entries are an essential part of the close process in Financial Accounting. This video explains what Adjusting Journal Entries are and how they fit into the big picture of bookkeeping. If you're using the Accrual Basis of Accounting then watching this is a must You'll see how Adjusting Entries are split into two main groups: Prepayments and Accruals. You'll also find out how these are broken down further into Prepaid Expenses Deferred Revenue Accrued" [YouTube Link](https://youtube.com/watch?v=H0N7tvXuJlU) 2019-06-03T16:11Z 1M followers, 813.4K engagements "First In First Out (FIFO) Inventory Cost Flows 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn about Inventory Cost Flow Assumptions. There are three of these: FIFO - First In First Out LIFO - Last In First Out AVCO - Weighted Average Cost Method This accounting tutorial focusses on FIFO. You'll discover how the First In First Out method works and get to practice using it with an example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory" [YouTube Link](https://youtube.com/watch?v=Hvul1enbwjk) 2019-12-02T13:00Z 1M followers, 271.9K engagements "T-ACCOUNTS: Explained in (Almost) [--] Minutes 💥T-Account Cheat Sheet https://accountingstuff.com/shop 🖊T-Account Practice Questions https://accountingstuff.com/practice-questions In this video I'll attempt to explain T-Accounts in less than two minutes A T-Account is a simple visual tool used in accounting to track transactions in individual accounts. It gets its name from its T shapedebits go on the left and credits go on the right. T-Accounts help us visualise the flow of transactions. Each account has a normal side where its balance typically sits. Using the DEALER acronym (Dividends" [YouTube Link](https://youtube.com/watch?v=HxzOssLqF0I) 2025-03-24T12:00Z 1M followers, 86.9K engagements "CHART OF ACCOUNTS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The Chart of Accounts (COA) is an organized list of every account held in a General Ledger. You can think of it as an index that categorizes a business's financial transactions into different accounts. In this video Ill break down what it is why it matters and show you how it looks in Service Retail and Manufacturing businesses with three simple examples. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro" [YouTube Link](https://youtube.com/watch?v=LmIvNWlrN6g) 2025-09-08T00:20Z 1M followers, 19.1K engagements "INVENTORY & COST OF GOODS SOLD 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what Inventory means and how to account for it in a Merchandising Business. We'll cover the link between Inventory in the Balance Sheet and the Revenue & Cost of Goods Sold accounts in the Income Statement. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l31NY9Ecy-eFyrK6UiFzdtAi 🔴Subscribe for more" [YouTube Link](https://youtube.com/watch?v=OB6RDzqvNbk) 2019-10-30T12:30Z 1M followers, 449.5K engagements "What is a JOURNAL ENTRY 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What are Journal Entries A Journal Entry is a record of a financial transaction. In this short video you'll find out what a Journal Entry looks like. We'll cover the journal number description accounts and debits and credits. Remember. Total Debits must always equal Total Credits. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist" [YouTube Link](https://youtube.com/watch?v=Oby_buCtrCc) 2023-06-12T11:00Z 1M followers, 95.9K engagements "How Prepaid Expenses Work Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Prepaid Expenses are one of the most common forms of Adjusting Entry in Accounting. In this video you'll learn what a Prepaid Expense is and I'll show how to account for them correctly using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses https://youtu.be/RE7wrflFOGA" [YouTube Link](https://youtube.com/watch?v=RE7wrflFOGA) 2019-06-10T17:18Z 1M followers, 345.9K engagements "What is a GENERAL LEDGER 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a General Ledger The General Ledger or GL is a central database that stores a complete record of a business' accounts & journal entries. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb 🔝 CLOUD ACCOUNTING SOFTWARE QuickBooks Online USA (FREE" [YouTube Link](https://youtube.com/watch?v=SZdJY4zjPm4) 2023-06-27T08:41Z 1M followers, 181.4K engagements "Intro to Cash Flow Statements Direct Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn all about the Cash Flow Statement and how to prepare it using the Direct Method. Cash Flow Accounting with the Direct Method (Part 2) https://youtu.be/KOR10VPsyO8 Cash Flow Accounting with the Indirect Method (Part 3) https://youtu.be/8CH-6wdfz0Y Many people have a hard time getting to grips with the Statement of Cash Flows but in this episode of Accounting Basics for Beginners we break it down into nice and tasty brain digestible chunks. You'll learn why" [YouTube Link](https://youtube.com/watch?v=Xy-yDw0gsgc) 2018-11-21T02:35Z 1M followers, 528.2K engagements "How The BALANCE SHEET Works (Statement of Financial Position / SOFP) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Balance Sheet' or 'Statement of Financial Position' (SoFP) is one of the three major Financial Statements along with the Income Statement and the Statement of Cash Flows. In this tutorial you'll find out what the Balance Sheet is and how to derive it using the basic principles of 'Double Entry Accounting'. Together we'll build our own Balance Sheet from scratch using six example transactions. 🔴Subscribe for more Accounting" [YouTube Link](https://youtube.com/watch?v=YZyBSU6YdmM) 2019-05-14T15:00Z 1M followers, 774K engagements "6 Profitability Ratios You Should Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I share six profitability ratios you should know: Return on Assets Return on Equity Return on Capital Employed Net Profit Margin Operating Profit Margin Gross Profit Margin 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:19 - [--]. Return on Assets 02:04 - [--]. Return on Equity 03:16 - [--]. Return on Capital Employed 05:23 - [--]. Net Profit Margin 06:40 - [--]. Operating Profit Margin 08:00 - [--]. Gross Profit" [YouTube Link](https://youtube.com/watch?v=YxUK0nzf6eg) 2023-10-23T08:32Z 1M followers, 68.7K engagements "EXPANDED ACCOUNTING EQUATION: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill explain the Expanded Accounting Equation in under two minutes. Well start with the Basic Accounting Equation: Assets = Liabilities + Equity and explore how it always stays in balance. Next well break down Equity into Capital Contributions and Retained Earnings showing how a businesss profits and dividends affect its financial position. Well also connect the Income Statement and Balance Sheet by examining how Revenue and" [YouTube Link](https://youtube.com/watch?v=YziCpSTJZR0) 2025-02-18T21:26Z 1M followers, 29.6K engagements "T-ACCOUNTS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll attempt to explain T-Accounts in less than two minutes A T-Account is a simple visual tool used in accounting to track transactions in individual accounts. It gets its name from its T shapedebits go on the left and credits go on the right. T-Accounts help us visualise the flow of transactions. Each account has a normal side where its balance typically sits. Using the DEALER acronym (Dividends Expenses Assets Liabilities Equity & Revenue) we" [YouTube Link](https://youtube.com/watch?v=ZgXYg00H7D0) 2025-04-08T23:01Z 1M followers, 19.3K engagements "Why are Debits & Credits BACKWARDS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Have you ever been puzzled by the reversal of debits and credits in certain situations For example when you deposit cash into your checking account the bank credits your balance. But in accounting we know that cash is an asset. A normal debit account. So debits should increase a cash balance and credits should decrease it. Dive into this video to unravel this mystery 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting" [YouTube Link](https://youtube.com/watch?v=_aX1qNlUKCA) 2023-05-29T01:14Z 1M followers, 127.2K engagements "Accounting Equation Quiz: [--] Questions for Beginners Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you know the Accounting Equation This video features a 20-question multiple-choice quiz on this core accounting concept. It begins with the basics and gradually moves into more challenging questions. Youll test your knowledge of Assets Liabilities and Equity and see how different transactions affect the equation. The quiz covers key topics like which items belong in each category how to calculate missing figures and how profits or losses flow through to" [YouTube Link](https://youtube.com/watch?v=cXQIGKgFRI4) 2025-09-15T00:25Z 1M followers, 19.7K engagements "How to use XERO (2025) XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z In this video I'll walk you through how to use Xero in under [--] minutes. Xero is a cloud-based accounting software that simplifies bookkeeping for small businesses. You'll learn how to navigate the Xero Dashboard Navigation Bar Organisation Menu Create Button Business Menu and Accounting Menu. Ill also help you choose the right Xero plan for your needs whether it's Early Growing or Established. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro" [YouTube Link](https://youtube.com/watch?v=fVOn-DG_ZzE) 2024-07-29T10:38Z 1M followers, 51.5K engagements "LEARN ACCOUNTING in Under [--] Hours 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A collection of Accounting tutorials that I have put together over the past three years. I have arranged the topics into a logical progressive order and removed all commercials intros & outros for your viewing pleasure TIMESTAMPS 00:00 - Intro 00:58 - The Accounting Cycle - https://youtu.be/yYX4bvQSqbo 14:54 - The Accounting Equation - https://youtu.be/56xscQ4viWE 18:29 - Debits & Credits - https://youtu.be/VhwZ9t2b3Zk 23:27 - Why Debits & Credits Aren't Backwards -" [YouTube Link](https://youtube.com/watch?v=gPBhGkBN30s) 2021-09-20T13:00Z 1M followers, 2M engagements "Journal Entries Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill give you [--] multiple-choice questions on Journal Entries to help you practise the basics of Double-Entry Accounting. Well cover everything from simple debits and credits to Adjusting Entries Reversing Entries Compound Entries Closing Entries and common accounting errors. Whether youre a student bookkeeper or small business owner this quiz is a great way to test your understanding and sharpen your skills. Are you up for the challenge Play" [YouTube Link](https://youtube.com/watch?v=ghfrMQBVj0s) 2025-11-16T22:45Z 1M followers, [----] engagements "STRAIGHT LINE Method of Depreciation in [--] Steps 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn how to use the Straight Line Depreciation Method in Accounting. This is the simplest way to depreciate Tangible Fixed Assets. Others depreciation methods include. Straight Line Depreciation Method https://youtu.be/iruD9KTNnNc Double-Declining Balance Method https://youtu.be/M-VzJ51zZoM Sum of the Year's Digits Method https://youtu.be/Q03t8vuRMwo Units of Production Method https://youtu.be/QJk6DgML0BQ You'll find out what" [YouTube Link](https://youtube.com/watch?v=iruD9KTNnNc) 2020-04-06T13:00Z 1M followers, 304.2K engagements "What is an INCOME STATEMENT 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop An Income Statement is a Financial Statement that summarizes a business' revenues and expenses over a period of time. We start with revenue and subtract Expenses to see if it made a Profit or a Loss. For this reason the Income Statement is also called the Statement of Profit & Loss or P&L. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full" [YouTube Link](https://youtube.com/watch?v=jIFLTa1_BUA) 2023-10-09T09:18Z 1M followers, 40K engagements "A Simple Guide to Cash vs Accrual Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I break down the key differences between Cash Accounting and Accrual Accounting: Under Cash Accounting revenue is recognized when cash is received and expenses are recorded when cash is paid out. Under Accrual Accounting revenue is recognized as it's earned and expenses are recorded as they're incurred regardlesss of when cash changes hands. By the end youll understand how each method works why businesses use them and which one might be right for" [YouTube Link](https://youtube.com/watch?v=kINTtyXPGwM) 2025-10-01T01:10Z 1M followers, [----] engagements "EBIT vs EBITDA: What You Must Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The fourth instalment of our Financial Ratios series. In this video you'll learn what 'EBIT' and 'EBITDA' both mean how to calculate them (with examples) and why they're important. EBIT stands for Earnings Before Interest and Taxes EBITDA stands for Earnings Before Interest Taxes Depreciation and Amortisation 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist" [YouTube Link](https://youtube.com/watch?v=mHqgsdne_l8) 2022-03-21T12:00Z 1M followers, 64.9K engagements "DEBITS & CREDITS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll attempt to explain Debits & Credits in less than two minutes. You'll also learn my number one Accounting Hack. DEALER. Debits and Credits are words that we use to reflect the double-sided nature of financial transactions. If you're new to Accounting these words can seem a little counterintuitive. But listen here. They aren't good they aren't bad. they're actually quite simple and they have everything to do with "Double-Entry Accounting"." [YouTube Link](https://youtube.com/watch?v=mJfalbgYwzI) 2024-12-02T09:21Z 1M followers, 105.7K engagements "Assets Liabilities & Equity: Made Easy 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover everything you need to know about Assets Liabilities and Equity in Accounting. Assets Liabilities & Equity are the three main components of the Accounting Equation. The Accounting Equation says that a business's Assets must always be equal to its Liabilities plus Equity. Essentially Assets represent the stuff that a business owns and Liabilities & Equity represent the stuff that a business owes. Liabilities are owed to third party" [YouTube Link](https://youtube.com/watch?v=p1k6EKTQHbs) 2024-08-13T07:51Z 1M followers, 114.5K engagements "FINANCIAL vs MANAGERIAL Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this Accounting Tutorial we explore the SIMILARITIES and DIFFERENCES between Managerial Accounting and Financial Accounting. Up until now the topics that I've covered in the 'Accounting Basics' playlist have tended to fall within the realm of Financial Accounting. However Accounting is much bigger than just Financial Accounting. You can think of it as a tree with many branches. and another of these branches is Management Accounting. But what is Management Accounting" [YouTube Link](https://youtube.com/watch?v=qISkyoiGHcI) 2019-03-26T02:47Z 1M followers, 301.2K engagements "5 Debit and Credit Practice Questions & Solutions 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. Join me in this episode of Accounting Basics for Beginners as we work through Five Debit Credit examples and solutions. This episode of Accounting Stuff is a supplement to Accounting Basics for Beginners Lesson [--] - "Debits and Credits Easy Explanation" https://youtu.be/VhwZ9t2b3Zk In this video you can get in your Debit Credit practice by putting the skills you have learned to the test. Practice Questions have long been my" [YouTube Link](https://youtube.com/watch?v=yCOZ7aylC0c) 2018-11-12T01:45Z 1M followers, 426.5K engagements "JOURNAL ENTRIES: Explained in (Almost) [--] Minutes 💥Journal Entries Cheat Sheet https://accountingstuff.com/shop 🖊Journal Entries Practice Questions https://accountingstuff.com/practice-questions In this quick tutorial I'll attempt to explain Journal Entries in less than two minutes A Journal Entry is a record of a financial transaction. It captures key details such as: The unique Journal Number The Posting Date The accounts involved A brief description The Debits and Credits In Double-Entry Accounting every transaction affects at least two accounts. This means the total of the debit column" [YouTube Link](https://youtube.com/watch?v=-EfaH-hBnn0) 2025-04-07T09:17Z 1M followers, 138.5K engagements "Revenue Recognition Principle in TWO MINUTES 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Are you looking for the quickest way to understand the Revenue Recognition Principle Well look no further In this video you'll find an easy way to understand Revenue Recognition that easy to follow and keep up with. Budding Accountants often ask "What is Revenue Recognition" and deservedly so because is one of the main building blocks of Accrual Accounting. This video will teach you the best way to learn Revenue Recognition without wasting any time at all. Two" [YouTube Link](https://youtube.com/watch?v=37PPccwsYJI) 2018-11-04T22:06Z 1M followers, 312.1K engagements "Accrued Expenses Broken Down Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop To accrue or not to accrue. that is the question. Accrued Expenses are one of the most common types of month end adjusting entries. In this video you'll find out what they are and how to accrue an expense using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses" [YouTube Link](https://youtube.com/watch?v=9aZ6CCj-ies) 2019-07-01T13:00Z 1M followers, 346.4K engagements "TAX BASICS: a Beginner's Guide to Everything 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop This video is a beginner's guide to all things tax. First I'll explain what tax is. Then we'll cover the burden of tax and how different taxes can be proportional regressive or progressive. You'll also discover the difference between tax avoidance and tax evasion along with direct and indirect taxes. We'll then break taxes down into three distinct categories: Tax on the Stuff you Earn Tax on the Stuff you Buy Tax on the Stuff you Own We'll cover the main taxes" [YouTube Link](https://youtube.com/watch?v=AMXGBH7hoJY) 2023-01-17T11:00Z 1M followers, 94.5K engagements "5 Reasons to Avoid Accounting (as a Career) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How do you know if you should be an Accountant In this video I'll give you [--] reasons why you shouldn't do Accounting as a career. I'll compare my expectations going into Audit and Financial Accounting with the reality of what I experienced. Hopefully these points will help you decide if you really want to be an Accountant. TIMESTAMPS 00:00 - Intro 00:51 - Accountants Need to be Good at Maths 01:54 - Accounting is Boring 03:04 - Accounting is Hard 03:56 -" [YouTube Link](https://youtube.com/watch?v=Apy0P6wMn5Q) 2020-02-19T18:17Z 1M followers, 556.4K engagements "Accrual Accounting: How it Works & Why it's #1 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. In this episode of Accounting Basics for Beginners we take on the question - which is better The Accrual Basis of Accounting or the Cash Basis This episode of Accounting Stuff - Accounting Basics Lesson [--] - is a continuation of our series on Basic Accounting for Beginners. In this tutorial you will learn: The definition of the Accruals Basis of Accounting. Accrual vs Cash Basis - Why is Accrual Accounting better than Cash" [YouTube Link](https://youtube.com/watch?v=C8UuX75ZarU) 2018-10-22T04:45Z 1M followers, 365.4K engagements "The BALANCE SHEET for BEGINNERS (Full Example) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Balance Sheet' or 'Statement of Financial Position' (SOFP) is one of the three major Financial Statements along with the Income Statement and the Statement of Cash Flows. In this tutorial you'll learn what a Balance Sheet is and I'll show you how to build one using a Trial Balance. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:17 - Balance Sheet Definition 00:33 - What is a Basic Balance Sheet 01:15" [YouTube Link](https://youtube.com/watch?v=CMv1zlZhb4Q) 2021-03-30T15:13Z 1M followers, 1.4M engagements "How to use QUICKBOOKS ONLINE (2025) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use QuickBooks Online in [----]. QuickBooks Online is the most popular cloud accounting software in the world. It's designed for small businesses by an American company called Intuit. Who also make TurboTax Mint and Mailchimp. There are four versions of QuickBooks Online depending on your requirements: Simple Start Essentials Plus Advanced You'll find out" [YouTube Link](https://youtube.com/watch?v=RsvS7JMgsxE) 2023-11-20T10:00Z 1M followers, 436.8K engagements "ACCOUNTING BASICS: Debits and Credits Explained 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Shhh it's a secret Not really. In this Accounting tutorial youll discover the true meaning of Debits and Credits in Accounting. This episode is a continuation of our series exploring Accounting Basics. To see the whole playlist check out the link below. The terms Debit and Credit are the bread and butter of Double Entry Bookkeeping and reflect the duality or double-sided nature of all financial transactions. Its crucial to understand this concept when" [YouTube Link](https://youtube.com/watch?v=VhwZ9t2b3Zk) 2018-08-29T21:14Z 1M followers, 2.9M engagements "CLOSING ENTRIES: Everything You Need To Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what Closing Entries mean and I'll show you how they work using an example. We'll cover the differences between Temporary and Permanent Accounts and a trick to remember which accounts fall into each category. You'll also see how to post Closing Entries in two different ways: the Long Way and the Short Way. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb" [YouTube Link](https://youtube.com/watch?v=e1z2lpdQyGQ) 2020-12-15T13:00Z 1M followers, 398.8K engagements "A Complete Guide to Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover everything you need to know about Adjusting Entries. Adjusting Entries are Journal Entries posted at the end of each accounting period to align a business's financial records with the Accrual Method of accounting. They can be categorized into four main groups: Prepaid Expenses Deferred Revenue Accrued Expenses Accrued Revenue Ill break down each type with simple easy-to-follow examples to help you understand how they work in real-world" [YouTube Link](https://youtube.com/watch?v=mrJdVh5MmKI) 2024-09-17T09:41Z 1M followers, 223.8K engagements "TRIAL BALANCE vs BALANCE SHEET 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video we break down the differences between the Trial Balance and the Balance Sheet in accounting. These two reports often get confused with one another so I created this accounting tutorial to help clear things up. ACCOUNTING TUTORIALS Trial Balance Tutorial https://youtu.be/kA9snSvCgW8 Balance Sheet Tutorial https://youtu.be/YZyBSU6YdmM FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount)" [YouTube Link](https://youtube.com/watch?v=q7Nhj8vDD8M) 2019-07-23T13:00Z 1M followers, 184.7K engagements "The Essential Guide to Inventory in Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this special compilation video you'll learn (almost) everything you need to know about Inventory in Accounting. Well start by exploring how Inventory is accounted for in a merchandising business. Then Ill break down the Periodic and Perpetual Inventory Systems. Finally Ill explain how Inventory Cost Flow Assumptions are used to calculate Cost of Goods Sold and Closing Inventory. Well cover three key methods: FIFO (First In First Out) LIFO (Last In First" [YouTube Link](https://youtube.com/watch?v=vGPn_Oo7UBQ) 2024-09-03T10:35Z 1M followers, 91.3K engagements "New Accounting Cheat Sheet Bundle (2025) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The All-in-One Accounting Cheat Sheet Bundle is back and better than ever The brand-new Second Edition is now available in full colour with updated layouts clearer explanations and built-in hyperlinks so you can learn faster and find the answers you need instantly. This time everything has been combined into one clean organised PDF guide. The contents page is fully clickable so you can jump straight to the topic youre after and each page title links directly to my" [YouTube Link](https://youtube.com/watch?v=x-C21ea--xI) 2025-08-25T00:38Z 1M followers, [----] engagements "ACCOUNTING BASICS: a Guide to (Almost) Everything 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Would you like to know what Accounting REALLY MEANS In this short tutorial we'll take [--] simple example and follow it through all [--] Steps of the Accounting Cycle - from start to finish - you'll build a solid understanding of all the Accounting Basics we encounter along the way. Stuff like the Accounting Equation Debits & Credits Double-Entry Accounting T-Accounts the Trial Balance etc. If you're an Accounting Beginner then I recommend watching this all the" [YouTube Link](https://youtube.com/watch?v=yYX4bvQSqbo) 2020-07-20T12:00Z 1M followers, 4.3M engagements "DOUBLE-ENTRY ACCOUNTING: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I attempt to explain Double-Entry Accounting in less than two minutes. Double-Entry Accounting is a Bookkeeping system. It says every accounting entry must have an opposite corresponding entry in a different account. Debits & Credits are the words we use to reflect each side. This idea is more than [---] years old. It was first documented by an Italian mathematician called Luca Pacioli in his book "Summa de Arithmetica". The concepts in" [YouTube Link](https://youtube.com/watch?v=cjO8qHM5Wjg) 2024-04-08T10:15Z 1M followers, 224.8K engagements "TRIAL BALANCE: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A Trial Balance (or TB) is an accounting report that shows a list of all ledger accounts and their balances at a point in time. It's used internally by businesses to check that Total Debits equal Total Credits. In this video we'll build a Trial Balance from scratch and discuss its key components including account names account numbers debits and credits. Then I'll show you an example of an unbalanced Trial Balance. We'll identify the error correct it and" [YouTube Link](https://youtube.com/watch?v=hzuJHNnmSRM) 2026-02-09T04:54Z 1M followers, [----] engagements "Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. An NSF check occurs when ______. [--]. Omissions in a Bank Reconciliation usually require ______. [--]. Interest earned appears on the Bank Statement but was omitted from the Cash Book. What Journal Entry is required [--]. A check recorded as $720 in the Cash Book was recorded by the bank as $270. This is an example of ______. 🔴" [YouTube Link](https://youtube.com/watch?v=xVxTtNHj-vw) 2026-01-30T01:33Z 1M followers, [----] engagements "Prepare A Cash Flow Statement Indirect Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn how to produce a Cash Flow Statement using the Indirect Method. This episode of Accounting Basics for Beginners is Part [--] covering Indirect Method Cash Flow Accounting. The rest of the series can be found here: Cash Flow Statement Direct Method (Part 1) https://youtu.be/Xy-yDw0gsgc Cash Flow Statement Direct Method (Part 2) https://youtu.be/KOR10VPsyO8 Preparing a Cash Flow Statement using the Direct Method can be time consuming. In this episode of" [YouTube Link](https://youtube.com/watch?v=8CH-6wdfz0Y) 2018-12-18T07:33Z 1M followers, 783.6K engagements "SIMPLE vs COMPOUND Journal Entries: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video youll learn the difference between Simple and Compound Journal Entries. Youll see how simple entries record straightforward transactions with just two accounts while compound entries handle more complex transactions involving multiple accounts. By the end youll understand how both types follow the rules of Double-Entry Accounting and always balance debits and credits. 🔴Subscribe for more Accounting Tutorials" [YouTube Link](https://youtube.com/watch?v=Ewpj4k-NPPo) 2025-09-01T01:21Z 1M followers, [----] engagements "Deferred Revenue Explained Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Deferred Revenue can be a real head-scratcher. As if Adjusting Entries weren't already confusing enough. Deferred Revenue Unearned Revenue and Prepaid Revenue all mean the same thing In this video you'll find out what these terms mean and I'll show how to account for them correctly using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro" [YouTube Link](https://youtube.com/watch?v=F1zNQ1wga7o) 2019-06-19T13:30Z 1M followers, 274.7K engagements "GENERAL LEDGER: Visual Guide to Posting Journals 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what the General Ledger means in Accounting. You'll see how ledgers were used in the past and how they have evolved over time. I'll take you through two example transactions and show you how to post them to the General Ledger in two different ways using Manual Journal Entries and Automatic Journal Entries with Subledgers. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist" [YouTube Link](https://youtube.com/watch?v=Fu8zGee1SZw) 2020-10-14T13:00Z 1M followers, 554.1K engagements "RETURN ON ASSETS: a Quick & Easy Guide 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what 'Return On Assets' is and I'll show how to calculate it using an example This tutorial is part of my Financial Ratios series. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:19 - What does Return on Assets mean 00:41 - Return on Assets Definition 01:35 - Where to Find Net Profit and" [YouTube Link](https://youtube.com/watch?v=Kh7bfwY89Go) 2022-05-30T10:00Z 1M followers, 48.4K engagements "5 Questions on the Balance Sheet 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Five True or False questions about the Balance Sheet. Every accountant should be able to answer these [--]. The Balance Sheet is a snapshot of a business's financial position at a point in time. True or False [--]. The Balance Sheet is also known as the Statement of Financial Position. True or False [--]. Assets on a Balance Sheet are always listed in alphabetical order. True or False [--]. On the Balance Sheet Total Assets must equal Total Liabilities plus Equity. True or False 5." [YouTube Link](https://youtube.com/watch?v=MMG5Or8N9-U) 2024-03-11T13:00Z 1M followers, 25K engagements "5 Reasons You Should Be An Accountant 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Are you wondering whether to begin a career as an accountant Or maybe you've been working as an accountant for a while now and have forgotten what motivated you in the first place. I have racked my brains and come up with Five Reasons to become an Accountant. FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z QuickBooks Online USA (Free Trial /" [YouTube Link](https://youtube.com/watch?v=mGVpWiqMQfM) 2019-05-06T15:00Z 1M followers, 288.2K engagements "Inventory Systems: Perpetual vs Periodic 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what Perpetual and Periodic Inventory Systems are and how they differ from one another. We'll cover the Pros and Cons of each before diving into an Accounting example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l31NY9Ecy-eFyrK6UiFzdtAi 🔴Subscribe for more Accounting Tutorials" [YouTube Link](https://youtube.com/watch?v=tAJ8mRfffJ8) 2019-11-13T16:15Z 1M followers, 441.8K engagements "How to use XERO (2024) UPDATE - After making this video I was approved for the Xero affiliate program. If you'd like to give Xero a try then here is my new affiliate link: XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z In this video I'll show you how to use Xero in [--] minutes. Xero is a popular cloud accounting software similar to QuickBooks Online. There are three subscription levels depending on your requirements: Early Growing Established You'll find out what the Xero Dashboard looks like and then we'll cover the Organisation Menu the Create Button and the" [YouTube Link](https://youtube.com/watch?v=xvOJDfsrHDQ) 2022-05-23T11:00Z 1M followers, 216.8K engagements "The INCOME STATEMENT for BEGINNERS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Income Statement' or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements along with the Balance Sheet and the Statement of Cash Flows. In this tutorial we'll build an Income Statement from the ground up using the basic principles of Accounting. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:08 - Financial Statement Definition 00:41 - What is a Basic Income Statement 00:55 - What is a" [YouTube Link](https://youtube.com/watch?v=0--AvwZabIQ) 2021-03-01T17:21Z 1M followers, 639K engagements "What is a Trial Balance 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a Trial Balance A Trial Balance (or TB) is an accounting report that shows a list of all ledger accounts and their balances at a point in time. It's used internally by businesses to check that Total Debits equal Total Credits. What does a Trial Balance look like We start with a complete list of accounts in the General Ledger. These are usually arranged by type. So we have: - Assets - Liabilities - Equity - Revenue - Expenses Businesses often like to give each account a code" [YouTube Link](https://youtube.com/watch?v=1P40YL7378I) 2026-02-09T22:15Z 1M followers, 16.6K engagements "The ACCOUNTING EQUATION For BEGINNERS Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop 🖊Accounting Equation Practice Questions https://accountingstuff.com/practice-questions The Accounting Equation explained in full. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll learn how to derive the basic Accounting Equation from scratch. I will demonstrate the relationship between Assets Liabilities and Equity which together represent the three elements of the Accounting Equation." [YouTube Link](https://youtube.com/watch?v=56xscQ4viWE) 2018-08-16T01:12Z 1M followers, 1.3M engagements "DEALER: The Number [--] HACK for Debits & Credits 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The easiest way to remember Debits and Credits in Accounting Watch this video to find out what DEALER means and how it can deepen your understanding of Debits and Credits. This is my favourite Accounting Basics trick to identify and distinguish between debit and credit accounts. FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z QuickBooks" [YouTube Link](https://youtube.com/watch?v=5Y3wjH-6gHk) 2019-07-08T13:00Z 1M followers, 307.8K engagements "Double-Entry Accounting Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out Im James youre watching Accounting Stuff and today Ive put together [--] multiple-choice questions for you. You know the drill Grab a pen play along and remember to share your score in the comments at the end Can you get [--] out of [--] 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:15 - Q1: What does the word entry mean in Double-Entry" [YouTube Link](https://youtube.com/watch?v=EhWWLpgZo3o) 2025-11-09T23:01Z 1M followers, 12.6K engagements "How to use QUICKBOOKS ONLINE QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use QuickBooks Online in [--] minutes. QuickBooks Online is a popular cloud accounting software made by Intuit. There are four subscription levels depending on your requirements: Simple Start Essentials Plus Advanced You'll find out what the QuickBooks Online Dashboard looks like and then we'll cover Settings the New Button and the Nav Bar in detail. 🔴Subscribe" [YouTube Link](https://youtube.com/watch?v=MdPfY4vcbmk) 2021-05-18T13:00Z 1M followers, 2.1M engagements "How to use XERO (2026) XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z Learn how to use Xero in under [--] minutes with this beginner-friendly tutorial. Ill walk you through the Dashboard Navigation Bar Organisation Menu Create New button Sales Purchases Reporting and Accounting menus so you can get comfortable with the software fast. Youll also learn how the Xero pricing plans (Early Growing and Established) work and which one is right for your small business. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:09 -" [YouTube Link](https://youtube.com/watch?v=S8DaoKc87sI) 2025-12-07T22:29Z 1M followers, [----] engagements "OPERATING PROFIT MARGIN: a Quick Guide 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The second instalment of our Financial Ratios series. In this video you'll learn what 'Operating Profit Margin' is and I'll show how to calculate it with examples. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:06 - Operating Profit Margin Definition 00:35 - What is Profit 00:51 - What is Operating Profit 02:13 -" [YouTube Link](https://youtube.com/watch?v=SvFJtKAvC9o) 2021-08-30T17:43Z 1M followers, 70.9K engagements "What is a TRIAL BALANCE 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a Trial Balance A Trial Balance is an accounting report that shows how much money's in every business account at a given moment. In this video you'll find out what a Trial Balance looks like and how the accounts are arranged. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist" [YouTube Link](https://youtube.com/watch?v=XDKQG8rIdTs) 2023-06-20T10:04Z 1M followers, 242.1K engagements "How JOURNAL ENTRIES Work (in Accounting) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. In this episode of Accounting Basics for Beginners I explain Journal Entries in full In this episode of Accounting Stuff - Accounting Basics Lesson [--] - you will learn: The definition of accounting Journal Entries as part of Basic Accounting for Beginners. The most common Journal Entry Format and how Journal Entries are recorded. How to check that your Journal Entries balance. I will also take you through the differences between Manual" [YouTube Link](https://youtube.com/watch?v=Y-_Q3rANyxU) 2018-09-21T02:17Z 1M followers, 964.5K engagements "The KEY to Understanding Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll share the key to understanding Financial Statements. You'll learn the relationship between the Balance Sheet and the Accounting Equation and where the Income Statement fits into the big picture of Accounting. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:16 -" [YouTube Link](https://youtube.com/watch?v=_F6a0ddbjtI) 2020-10-27T13:00Z 1M followers, 385.6K engagements "NET PROFIT MARGIN: a Ratio Made Simple 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The third instalment of our Financial Ratios series. In this video you'll learn what 'Net Profit Margin' is and I'll show how to calculate it with examples 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:03 - Net Profit Margin Definition 00:30 - What is Profit 00:49 - What is Net Profit 01:30 - What is Net Profit" [YouTube Link](https://youtube.com/watch?v=cNGWTw2b5RQ) 2021-09-07T13:00Z 1M followers, 70.2K engagements "The INCOME STATEMENT Explained (Profit & Loss / P&L) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Income Statement' or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements along with the Balance Sheet and the Statement of Cash Flows. In this tutorial you'll find out what the Income Statement is and how you can use it to measure a business's financial performance. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 01:02 - Income Statement Definition 01:10 - What a Basic" [YouTube Link](https://youtube.com/watch?v=hrSUq4wcd0g) 2019-08-19T14:58Z 1M followers, 1.3M engagements "T Accounts Explained SIMPLY (With [--] Examples) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--] - T Accounts Explained. This episode of Accounting Basics for Beginners will give you the full run down of how T Accounting works and why they are so useful in visualising accounts. T Accounting made easy is Accounting Basics Lesson [--] and will each you an easy way to learn T Accounting. What is a T Account and why are they used You'll get the answers to these questions in this video along with [--] examples to help you understand T" [YouTube Link](https://youtube.com/watch?v=kA9snSvCgW8) 2018-09-13T16:33Z 1M followers, 1.3M engagements "What are Assets (Let's Break Them Down) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Assets mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll hear the definition of Assets in Accounting. I'll also take you through the common types of Asset that are worth knowing about. TIMESTAMPS 00:00 - Intro 00:47 - What are Assets in Accounting 01:30 - Assets Defintion 01:54 - Uncertainty about the Future 02:40 - Future Economic" [YouTube Link](https://youtube.com/watch?v=rOsuqG_J0t4) 2019-02-25T01:35Z 1M followers, 431.5K engagements "ACCOUNTING EQUATION: Explained in (Almost) [--] Minutes Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop In this video I attempt to explain the Accounting Equation in less than two minutes. The Accounting Equation is a formula that sets out the relationship between Assets Liabilities & Equity. It says that at any given moment a business's Assets must equal its Liabilities plus Equity. You could call this the backbone of bookkeeping because the accounting equation always has to balance. The concept at the heart of the Accounting Equation is very simple. The stuff that a" [YouTube Link](https://youtube.com/watch?v=twLzWucjceE) 2024-02-05T12:00Z 1M followers, 93.6K engagements "3 Liquidity Ratios You Should Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Liquidity Ratios help you assess if a business can meet its short-term obligations. In this video I'll introduce you to three well-known Liquidity Ratios: Current Ratio: Also known as the Working Capital Ratio. This is the least conservative Liquidity Ratio. It's calculated by dividing Current Assets by Current Liabilities. Quick Ratio: Also known as the Acid-Test Ratio it only considers Liquid Assets. Cash Ratio: This is the most conservative Liquidity Ratio. We can" [YouTube Link](https://youtube.com/watch?v=4_GoWaMLGHI) 2024-01-09T10:30Z 1M followers, 39.3K engagements "The CASH FLOW STATEMENT for BEGINNERS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Cash Flow Statement' or 'Statement of Cash Flows' is one of the three major Financial Statements along with the Income Statement and the Balance Sheet. In this tutorial you'll learn what a Cash Flow Statement is and I'll show you how to build one using the Indirect Method. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:06 - Cash Flow Statement Definition 00:18 - Why do we need a Cash Flow Statement 02:15 -" [YouTube Link](https://youtube.com/watch?v=DiVPAjgmnj0) 2021-05-24T13:00Z 1M followers, 1.5M engagements "FINANCIAL STATEMENTS: all the basics in [--] MINS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this short tutorial you'll learn all the basics about Financial Statements. We'll cover the Balance Sheet the Income Statement and the Cash Flow Statement with an example. 🔗VIDEO LINKS Balance Sheet video https://youtu.be/CMv1zlZhb4Q Income Statement video https://youtu.be/0--AvwZabIQ Cash Flow Statement video https://youtu.be/DiVPAjgmnj0 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:22 - What are" [YouTube Link](https://youtube.com/watch?v=Fi1wkUczuyk) 2022-10-11T11:00Z 1M followers, 1.2M engagements "Average Cost Method (AVCO) Inventory Cost Flows 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn about Inventory Cost Flow Assumptions. There are three of these: FIFO - First In First Out LIFO - Last In First Out AVCO - Weighted Average Cost Method This accounting tutorial focusses on AVCO. You'll discover how the Weighted Average Cost method works and get to practice using it with an example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full" [YouTube Link](https://youtube.com/watch?v=GTj-rXmASbI) 2019-12-16T17:49Z 1M followers, 124.5K engagements "The Ultimate Guide to Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video we're doing a deep dive into Financial Statements. Financial Statements are external reports that summarize a business's financial performance and position over a period of time. There are three main Financial Statements: Balance Sheet (aka. Statement of Financial Position) Income Statement (aka. Statement of Profit & Loss or "P&L") Cash Flow Statement (aka. Statement of Cash Flows) We'll over each one in detail with examples to illustrate how they" [YouTube Link](https://youtube.com/watch?v=eorpdJUWfTA) 2024-10-02T09:21Z 1M followers, 198.2K engagements "GROSS PROFIT MARGIN: a Simple Explanation 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what 'Gross Profit Margin' is and I'll show how to calculate it with examples. This is the start of a new series covering Financial Ratios. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:13 - Gross Profit Margin Definition 01:02 - What is Profit 01:22 - What is Profit Margin 02:26 -" [YouTube Link](https://youtube.com/watch?v=jS7jbz1UWuA) 2021-08-23T12:00Z 1M followers, 141.7K engagements "A Beginner's Guide to the Cash Flow Statement 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The Cash Flow Statement is one of the three main Financial Statements in accounting. It provides a summary of a business's cash inflows and outflows over a period of time. In this tutorial we'll do a deep dive into the Cash Flow Statement. First I'll explain why we need it if we're using the Accrual Method of accounting. Then I'll show you how to build a Cash Flow Statement from scratch using the Direct Method. We'll cover cash flow from operating investing" [YouTube Link](https://youtube.com/watch?v=xbasHzq2fL0) 2025-10-06T05:01Z 1M followers, 21.2K engagements "How To Do A Bank Reconciliation (EASY WAY) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Join me in this episode of Accounting Basics for Beginners as I show you how to do a Bank Reconciliation from scratch. In this Bank Reconciliation tutorial you'll hear the definitions of Bank Statement and Cash Book and learn why the following situations can cause differences between these two reports. Omissions Timing Differences Errors You'll then find out how the Bank Rec is useful in terms of calculating the 'True Cash Value' of a business. And finally I'll" [YouTube Link](https://youtube.com/watch?v=zhmO3DM3YiY) 2019-01-16T22:37Z 1M followers, 1.6M engagements "How do Debits and Credits work in accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here's an example of how Debits and Credit work. Let's say that a business borrows $1000 cash from a bank. What happens On the one hand its Liabilities have to go up to record its financial obligation to the bank - which is a third party. Liabilities are represented by the "L" in DEALER. So they're Normal Credit Accounts and represent a source of funds to the business. We can increase Liabilities by crediting them by $1000. In Double-Entry Accounting every" [YouTube Link](https://youtube.com/watch?v=bfU3A7H8yHs) 2024-12-16T12:00Z 998K followers, [----] engagements "How do T-Accounts work 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How do T-Accounts work First you should know that all accounts can be sorted into two main groups: We have Normal Debit Accounts and Normal Credit Accounts. At any moment in time we'd expect to find the balance of a Normal Debit Account on the left of the T-Account which is the debit side. And we'd expect to find the balance of a Normal Credit Account on the right (the credit side). A simple way to remember this is to use "DEALER". DEA stands for Dividends Expenses & Assets. These" [YouTube Link](https://youtube.com/watch?v=bms1jwMIBZI) 2025-05-20T09:54Z 1M followers, 12.3K engagements "Accounting Acronyms Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five acronyms or initialisms every Accountant should know. Do you [--]. What does P&L stand for [--]. What does JE stand for [--]. What does TB stand for [--]. What does A/R stand for [--]. What does OPEX stand for Follow me for more Accounting Quizzes. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist" [YouTube Link](https://youtube.com/watch?v=dBgpdij0GAY) 2024-07-22T09:45Z 1M followers, [----] engagements "What is the Accounting Equation Free Accounting Equation Cheat Sheet https://accountingstuff.com/shop The Accounting Equation is a formula that sets out the relationship between Assets Liabilities & Equity. It says that at any given moment a business's Assets must equal its Liabilities plus Equity. You could call this the backbone of bookkeeping because the accounting equation always has to balance. The concept at the heart of the Accounting Equation is very simple. The stuff that a business owns is equal to the stuff that a business owes. A business owns Assets and it owes Liabilities &" [YouTube Link](https://youtube.com/watch?v=dMKfVEabLgQ) 2025-01-06T12:00Z 1M followers, [----] engagements "What is a Chart of Accounts 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A 'Chart of Accounts' is an organized list of every account held in a General Ledger. You can think of it as an index that categorizes a business's financial transactions into different accounts. What does a Chart of Accounts look like A Chart of Accounts is usually divided into five main categories. We have Assets Liabilities and Equity which are the Balance Sheet accounts. And then Revenue and Expenses which belong on the Income Statement. Each category is given a range of" [YouTube Link](https://youtube.com/watch?v=dSOqn8GTICA) 2025-10-12T23:36Z 1M followers, 15K engagements "What Are Liabilities (SIMPLE Explanation) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Liabilities mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll hear the definition of Liabilities in Accounting. I'll also take you through the common types of Liability that are worth knowing about. TIMESTAMPS 00:00 - Intro 01:18 - Liabilities Definition in Accounting 03:34 - What are Current Liabilities 03:43 - Accounts Payable 05:45" [YouTube Link](https://youtube.com/watch?v=fKRwT10Sszc) 2019-03-04T04:03Z 1M followers, 317.1K engagements "How to find the Expanded Accounting Equation Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop What is the Expanded Accounting Equation Well start with the Basic Accounting Equation. It says that a businesss Assets must equal its Liabilities plus Equity. To build this out into the Expanded Accounting Equation we need to take a closer look at Equity. Equity is made up of two things: Capital Contributions Retained Earnings Capital Contributions are the funds invested into a business by its owners out of their own pockets and Retained Earnings are a business' accumulated" [YouTube Link](https://youtube.com/watch?v=h2FVfoQ7MC4) 2025-03-17T01:26Z 1M followers, [----] engagements "T-Account Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Lets find out Im James you're watching Accounting Stuff and today Ive prepared [--] multiple-choice questions for you. Well start with the basics but dont get too comfortable things will get tougher fast. So grab a pen keep score and remember to share your result in the comments at the end 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:22 - Q1: An Account is a place where a" [YouTube Link](https://youtube.com/watch?v=hPb8nFMT1cM) 2025-10-20T00:07Z 1M followers, [----] engagements "Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which Financial Statement reflects the Accounting Equation at a point in time [--]. A business has $20000 in Liabilities and $50000 in Equity. How much are its Assets [--]. A business has $50000 in Assets and $20000 in Liabilities. What is its Equity [--]. The Income Statement is linked to the Accounting Equation through ____ . Can you fill in the blank [--]. Which of the following is not classified as a" [YouTube Link](https://youtube.com/watch?v=huAG_i4e1h4) 2025-09-17T00:13Z 1M followers, [----] engagements "Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. In Financial Accounting what is an "Account" [--]. A Chart of Accounts is an organized ______ of every account held in a General Ledger. [--]. Which of the following would not appear in a Chart of Accounts [--]. The Chart of Accounts groups accounts by ______. [--]. In most systems each account in the Chart of Accounts has a ______. 🔴" [YouTube Link](https://youtube.com/watch?v=iFf1iKomnaY) 2025-12-02T00:55Z 1M followers, 26.2K engagements "Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. Why do many businesses use account numbers instead of just account names [--]. Which statement is true about customizing a Chart of Accounts [--]. Why might a business choose to increase granularity in its Chart of Accounts [--]. How are account categories typically arranged in a Chart of Accounts 🔴 Subscribe for more Accounting" [YouTube Link](https://youtube.com/watch?v=jv-3hp1Q9yQ) 2025-12-02T23:46Z 1M followers, 15.7K engagements "General Ledger Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on the General Ledger in accounting [--]. The General Ledger is a summary of a business's Revenues and Expenses over a period of time. True or False [--]. The Trial Balance is prepared directly from the General Ledger. True or False [--]. The balance of a Control Account must match the total of its Subledger. True of False [--]. Accounts Receivable Accounts Payable & Fixed Assets often have Subledgers. True or False [--]. The General Ledger is only updated at the" [YouTube Link](https://youtube.com/watch?v=jvVobMVTjWc) 2025-01-28T04:59Z 1M followers, [----] engagements "Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. Which of the following is not a Contra-Account [--]. Which of the following is an example of a Control Account [--]. Which type of account is a Service business least likely to include in its Chart of Accounts [--]. Which account would you expect to find in a Retail business [--]. Which account would you expect to find in a" [YouTube Link](https://youtube.com/watch?v=kb3lpLMBlWk) 2025-12-04T21:40Z 1M followers, 20.9K engagements "Double-Entry Accounting Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out [--]. Debits decrease the balance of which account [--]. A business receives a $600 electricity bill but hasnt paid it yet. It credits Accounts Payable by $600. What is the other entry [--]. A business buys equipment for $2000 paying the full amount in cash. It debits Equipment by $2000. What is the other entry 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My" [YouTube Link](https://youtube.com/watch?v=lNH7zLINXf4) 2025-11-12T21:35Z 1M followers, 15.3K engagements "What is a Compound Journal Entry 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Compound Journal Entries are used to record transactions that involve three or more accounts. There could be multiple debits multiple credits or a combination of both. We can tweak our example to demonstrate this. Chick n' Duck's Dreamland buys a new Feed Delivery System. It still costs $10000 but this time they pay $6000 in Cash and put the remaining $4000 on Credit. This transaction involves three accounts: Feeding Equipment Cash and Accounts Payable. So we can record it" [YouTube Link](https://youtube.com/watch?v=ltE8PvMrjkk) 2025-10-06T22:14Z 1M followers, [----] engagements "Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. A business receives cash from a customer to settle an outstanding account. What is the Journal Entry [--]. A business closes its Revenue account at year-end. What is the Journal Entry [--]. A business records depreciation on its Equipment. What is the Journal Entry [--]. A customer pays in advance for a 12-month subscription." [YouTube Link](https://youtube.com/watch?v=meRRIRqQ8jc) 2025-11-19T21:56Z 1M followers, 23.3K engagements "Accounting Equation: Short Quiz Free Accounting Equation Cheat Sheet https://accountingstuff.com/shop Here are [--] quick questions on the Accounting Equation. Can you answer them all under time pressure [--]. Buying equipment with Cash increases Assets and Liabilities. True or False [--]. Running a depreciation expense decreases Assets and Equity. True or False [--]. Earning revenue 'on account' increases Assets and Liabilities. True or False [--]. Repaying a loan decreases Assets and Liabilities. True or False [--]. Receiving a payment from a debtor has no overall impact on the Accounting Equation. True or" [YouTube Link](https://youtube.com/watch?v=mgxxjFnANzg) 2024-06-17T05:18Z 1M followers, 15.3K engagements "T-Accounts Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Try to answer these three questions: [--]. Which side of a T-Account is used to record an increase in Dividends Declared [--]. Where would you expect to find the closing balance of a Service Revenue T-Account [--]. A business has an opening balance of $2000 in Accounts Receivable. During the month they receive a $500 payment from a customer. What is the closing balance of the T-Account 🔴 Subscribe for more Accounting Tutorials" [YouTube Link](https://youtube.com/watch?v=mukUo8Ul5RQ) 2025-10-23T00:24Z 1M followers, [----] engagements "Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which of the following is not classified as an Asset [--]. Which of the following is not included in Equity [--]. An owner contributes cash into their business. How does this affect the Accounting Equation [--]. An owner withdraws cash from their business for personal use. How does this affect the Accounting Equation [--]. A business makes a $1500 cash payment to settle an Account Payable. How does this" [YouTube Link](https://youtube.com/watch?v=o4rloJpmPs8) 2025-09-18T00:32Z 1M followers, [----] engagements "Accounting Cheat Sheets: 2nd Edition Coming Next Week 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learning accounting doesnt have to be complicated. Since I launched my Accounting Cheat Sheets theyve helped thousands of accounting students bookkeepers and small business owners master the basics of accounting faster and with less stress. Now after months of work the 2nd Edition Accounting Cheat Sheet Pack is almost here. Its packed with fresh updates cleaner layouts and the accounting tips youve been asking for. Whether youre studying for an" [YouTube Link](https://youtube.com/watch?v=oEmpt7STh84) 2025-08-11T23:52Z 1M followers, [----] engagements "Bank Reconciliation Quiz: [--] Questions for Beginners QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. In this video Ive put together [--] multiple-choice questions to test your understanding of bank recs. We'll start with the basics then the questions will gradually getting more challenging. Well cover matched transactions reconciling items timing differences omissions and journal entries. Whether youre a student" [YouTube Link](https://youtube.com/watch?v=oU0Ia8XTV3o) 2026-01-26T00:38Z 1M followers, [----] engagements "Debit & Credit Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on Debits and Credits in accounting [--]. Do you debit or credit Dividends to decrease it [--]. Do you debit or credit Accrued Expenses to decrease it [--]. A business provides services to a client on credit. Which account is debited [--]. A business pays a supplier for inventory that was purchased on account. Which account is credited [--]. A business records depreciation on its equipment. Which account is credited 🔴 Subscribe for more" [YouTube Link](https://youtube.com/watch?v=p-7cPfke_jk) 2025-09-24T22:25Z 1M followers, [----] engagements "Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. What is a common risk associated with Manual Journal Entries [--]. In modern accounting software Automatic Journal Entries are often created ______ . Can you fill in the blank [--]. A Simple Journal Entry involves _____ . Can you fill in the blank [--]. When a transaction impacts three or more accounts it's recorded as a ______ ." [YouTube Link](https://youtube.com/watch?v=piTigcBGzMQ) 2025-11-17T22:30Z 1M followers, 14.8K engagements "Accounting Cheat Sheet Sale 50% Off For a limited time you can grab the First Edition of my All-in-One Accounting Cheat Sheet Bundle for just $19.99 (was $39.99) the lowest price ever. These [--] printable cheat sheets break down core accounting concepts into simple visual one-page summaries. Perfect for budget-conscious learners college students and small business owners who want to learn accounting fast. 👉 Get your First Edition Bundle now before the sale ends at https://accountingstuff.com/shop 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite" [YouTube Link](https://youtube.com/watch?v=qIEnxuCbdWo) 2025-08-15T00:24Z 1M followers, [----] engagements "Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. A Journal Entry is a _____ . Can you fill in the blank [--]. A Journal Number is a ______ reference number used to identify a Journal Entry. Can you fill in the blank [--]. The ______ is the date the Journal Entry is recorded in the General Ledger. Can you fill in the blank [--]. Why should every Journal Entry include a" [YouTube Link](https://youtube.com/watch?v=rPaujjbHpCQ) 2025-11-17T04:20Z 1M followers, 23.1K engagements "1 Million Subscribers One million of you clicked subscribe Thanks for watching learning and growing with me. 🙏 accounting accountingstuff accounting stuff james from accounting stuff james accounting stuff accounting basics accounting for beginners debits and credits accounting accountingstuff accounting stuff james from accounting stuff james accounting stuff accounting basics accounting for beginners debits and credits" [YouTube Link](https://youtube.com/watch?v=sgHXilsURtc) 2025-10-23T23:09Z 1M followers, [----] engagements "Which QuickBooks Online Should You Buy in [----] QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I compare all the different versions of QuickBooks Online (and Self Employed) so we can find out what's right for you and your small business. Intuit have recently added "Advanced" to a cloud accounting product line up that already included Self Employed Simple Start Essentials and Plus. There have been a few changes to the features offered in each version which I" [YouTube Link](https://youtube.com/watch?v=sr5cwF6Xg1w) 2019-08-06T13:00Z 1M followers, 103.6K engagements "Accounting Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five quick questions that every accountant should know the answer to. [--]. The Accounting Equation is: Assets = Liabilities + Equity. True or False [--]. In Double-Entry Accounting every transaction affects at least two accounts. True or False [--]. A Journal Entry is a summary of a business's revenues and expenses over a period of time. True or False [--]. In Accrual Accounting Expenses should always be recorded when Cash is paid out. True or False [--]. The Matching Principle says that" [YouTube Link](https://youtube.com/watch?v=t-PoZaKUilg) 2025-05-05T03:36Z 1M followers, [----] engagements "What is a Simple Journal Entry 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A Journal Entry is a record of a Financial Transaction in an accounting system. Simple Journal Entries are used for straightforward transactions that involve just two accounts - we have one debit in the left column and one credit in the right column. Let me explain with an example. Chick n' Duck's Dreamland is a Petting Zoo. On September 1st the business buys a new Feed Delivery System for $10000. How do we record this transaction in a Journal Entry We start with a unique" [YouTube Link](https://youtube.com/watch?v=t8VlpFObGCE) 2025-09-30T00:18Z 1M followers, [----] engagements "T-Accounts Practice Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on T-Accounts [--]. Which side of a T-Account is used to record a decrease in Drawings [--]. Which side of a T-Account is used to record an increase in Service Revenue [--]. Which side of a T-Account is used to record an increase in Goodwill [--]. Which side of a T-Account is used to record an increase in Cost of Goods Sold [--]. Which side of a T-Account is used to record a decrease in Long-Term Debt How did you go Let us know your score in the comments." [YouTube Link](https://youtube.com/watch?v=u2g-E5az8k8) 2024-09-09T09:23Z 1M followers, [----] engagements "What are DEBITS & CREDITS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this educational video we dive into the concept of debits and credits and their significance in the world of Double-Entry Bookkeeping. Debits and Credits are terms used to capture the double-sided nature of financial transactions. Every accounting entry has an opposite corresponding entry in a different account reflecting the flow of "Economic Benefit" from a source to a destination. We explore two main categories of accounts: Normal Credit Accounts and Normal Debit Accounts." [YouTube Link](https://youtube.com/watch?v=u71GygywSwg) 2023-05-15T08:03Z 1M followers, 35K engagements "Invoice Quiz: [--] Questions for Beginners QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you really understand invoices Lets find out. In this quiz youll answer [--] multiple-choice questions covering everything you need to know about invoices and the sales process from quotes and purchase orders through to payments and receipts. Whether youre a student bookkeeper or small business owner this is a great way to test your knowledge and sharpen your accounting" [YouTube Link](https://youtube.com/watch?v=uD0JOp2phwQ) 2025-12-14T23:27Z 1M followers, [---] engagements "T-Accounts Practice Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on T-Accounts [--]. Which side of a T-Account is used to record a decrease in Inventory" [--]. Which side of a T-Account is used to record an increase in Amortization Expenses [--]. Which side of a T-Account is used to record an increase in Dividends Payable [--]. Which side of a T-Account is used to record a decrease in Sales Revenue [--]. Which side of a T-Account is used to record an increase in "Common Stock" How did you go Let me know in the comments." [YouTube Link](https://youtube.com/watch?v=uDAza05oPE4) 2025-06-23T13:04Z 1M followers, [----] engagements "Assets: [--] True or False Quiz Questions 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Five True or False questions on Assets in Accounting. Can you get all of them right [--]. Assets are resources owned by a business that have economic value. True or False [--]. Assets are Normal Debit Accounts. They increase when debited and decrease when credited. True or False [--]. Property is an example of a Current Asset. True or False [--]. All Assets are Tangible. That means you can touch them. True or False [--]. Most Tangible Fixed Assets depreciate over time. The" [YouTube Link](https://youtube.com/watch?v=uQKInzPFA9k) 2024-05-06T06:26Z 1M followers, 15.6K engagements "Journal Entries Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on Journal Entries Try to fill in the blanks. [--]. When a business pays a bill "Accounts Payable" is _____ [--]. If a business makes a sale on credit "Sales Revenue" is ______ [--]. If a business buys inventory with cash "Inventory" is _____ [--]. When a business receives a cash payment from a debtor "Accounts Receivable" is _____ [--]. If a business earns revenue but hasn't yet received the cash "Revenue" is ______ How did you go Share your score in the" [YouTube Link](https://youtube.com/watch?v=vh-t90GMTZE) 2024-08-05T04:38Z 1M followers, 19.6K engagements "New Accounting Cheat Sheet Bundle (2025) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The All-in-One Accounting Cheat Sheet Bundle is back and better than ever The brand-new Second Edition is now available in full colour with updated layouts clearer explanations and built-in hyperlinks so you can learn faster and find the answers you need instantly. This time everything has been combined into one clean organised PDF guide. The contents page is fully clickable so you can jump straight to the topic youre after and each page title links directly to my" [YouTube Link](https://youtube.com/watch?v=w0NG3aUtxXU) 2025-08-25T00:30Z 1M followers, [----] engagements "Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which of the following sets of figures does not balance under the Accounting Equation [--]. A business sells goods for $1000 cash that originally cost $700. How does this affect the Accounting Equation Bonus Question. Which of the following is a component of the Expanded Accounting Equation 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My Website" [YouTube Link](https://youtube.com/watch?v=xIndmnF0BzQ) 2025-09-19T12:02Z 1M followers, [----] engagements "Double-Entry Accounting Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out [--]. A business sells services worth $1000 on credit. It credits Service Revenue by $1000. What's the other entry [--]. A business pays $800 to a supplier to settle an outstanding debt. It credits Cash by $800. What is the other entry Bonus Question: Which year did Luca Pacioli publish the Summa de Arithmetica 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My" [YouTube Link](https://youtube.com/watch?v=xTLbLLwx9gc) 2025-11-13T23:09Z 1M followers, 12.4K engagements "T-Accounts Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Try to answer these three questions: [--]. A business has an opening balance of $12000 in Sales Revenue. During the month they earn $5000 in revenue and close the account. What is the closing balance of the T-Account [--]. A business has a closing balance of $9000 in Accounts Payable. During the month they purchased $4000 of goods on credit and paid out $2500 to suppliers. What was the opening balance of the T-Account Bonus Question: If Total" [YouTube Link](https://youtube.com/watch?v=z-U-jcQU2R4) 2025-10-24T23:01Z 1M followers, 15K engagements "Accounting Acronyms Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five acronyms that every Accountant should know. Do you [--]. What does BS stand for [--]. What does COA stand for [--]. What does LIFO stand for [--]. What does NPV stand for [--]. What does SEC stand for Follow me for more Accounting Quizzes. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist" [YouTube Link](https://youtube.com/watch?v=zXCNz_1tfIs) 2025-08-10T23:28Z 1M followers, 13.7K engagements "Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. After completing a Bank Reconciliation the adjusted Bank Statement and Cash Book balances should ______. [--]. The Bank Statement shows an unadjusted balance of $3000. A deposit in transit of $400 is identified. What is the adjusted bank balance Bonus Question: The unadjusted Cash Book balance is $1500. A bank fee of $60 and" [YouTube Link](https://youtube.com/watch?v=-5n3ZGKltKg) 2026-01-31T01:05Z 1M followers, [----] engagements "Prepare A Cash Flow Statement Direct Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn how to produce a Cash Flow Statement using the Direct Method with T Accounts. The episode of Accounting Basics for Beginners is part two of Direct Method Cash Flow Accounting. The first part can be found here: Cash Flow Statement Direct Method (Part 1) https://youtu.be/Xy-yDw0gsgc Cash Flow Statement Indirect Method (Part 3) https://youtu.be/8CH-6wdfz0Y In this video we use T Accounts to reproduce the Cannon's Statement of Cash Flows for all three" [YouTube Link](https://youtube.com/watch?v=KOR10VPsyO8) 2018-12-04T02:51Z 1M followers, 332.7K engagements "Quiz Time: Assets Liabilities & Equity 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Assets Liabilities & Equity Try to classify these [--] accounts: [--]. Is Cash an Asset a Liability or an Equity account [--]. Is Accounts Payable an Asset a Liability or an Equity account [--]. Is Retained Earnings an Asset a Liability or an Equity account [--]. Is Goodwill an Asset a Liability or an Equity account [--]. Is Deferred Revenue an Asset a Liability or an Equity account Let me know how you scored in the comments. 🔴Subscribe for more Accounting" [YouTube Link](https://youtube.com/watch?v=aeKlGbm2x8c) 2024-05-27T10:44Z 1M followers, 16K engagements "What is EQUITY 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is Equity Equity is the stuff that a business owes to its owners. If we rearrange the Accounting Equation we can see that Equity is equal to Assets minus Liabilities. Or 'Net Assets'. So Equity is the owner's claim on the Net Assets of a business. Equity sits on one side of the Balance Sheet next to Liabilities. It's made up of two things: Capital Contributions Retained Earnings 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book" [YouTube Link](https://youtube.com/watch?v=h_doko5TO7E) 2023-10-02T09:50Z 1M followers, 31.2K engagements "An In-Depth Guide to Depreciation in Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill walk you through everything you need to know about Depreciation. We'll cover the basic concept (including the Journal Entries) and these four commonly used Depreciation methods: Straight Line Depreciation Method Double-Declining Balance Method Sum of the Years Digits Method Units of Production Method Whether you're a student a small business owner or an accountant this guide has got you covered 🔴Subscribe for more Accounting Tutorials" [YouTube Link](https://youtube.com/watch?v=ndMPuMRusEs) 2024-09-10T08:01Z 1M followers, 83.2K engagements "How to use QUICKBOOKS ONLINE (2026) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use the new interface of QuickBooks Online in [----]. QuickBooks Online is the number one accounting software in the United States. Its built for small to medium sized businesses by Intuit the company behind TurboTax Credit Karma and Mailchimp. And it's cloud-based which means you can access your books anywhere anytime. Prefer reading Read about how to use" [YouTube Link](https://youtube.com/watch?v=w3agU6-zc_M) 2025-11-02T21:59Z 1M followers, 37.5K engagements "The General Ledger: Quiz Time 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know the General Ledger Try to answer these [--] true or false questions. [--]. The General Ledger is part of the Double-Entry Accounting System. [--]. The General Ledger is the main accounting record where all financial transactions are recorded. [--]. The General Ledger is divided into two sections. One for the Trial Balance and one for Adjusting Entries. [--]. Subledgers are linked to the General Ledger. They're used for detailed tracking of specific accounts. [--]. The" [YouTube Link](https://youtube.com/watch?v=7B_RDe6TEdY) 2024-01-29T12:30Z 1M followers, 16K engagements "Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Which two records are compared in a Bank Reconciliation [--]. The Cash Book is prepared by ______. [--]. The Bank Statement is prepared by ______. [--]. The Bank Reconciliation is prepared by ______. [--]. What is the purpose of a Bank Reconciliation [--]. Its best practice to perform a Bank Reconciliation ______. 🔴 Subscribe for more" [YouTube Link](https://youtube.com/watch?v=HHdKYfoIExE) 2026-01-27T03:29Z 1M followers, 15.4K engagements "Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Differences between the Cash Book and the Bank Statement are explained by ______. [--]. When a transaction is matched in a Bank Reconciliation it ______. [--]. In a Bank Reconciliation matched transactions ______. [--]. What can cause differences between the Cash Book and the Bank Statement 🔴 Subscribe for more Accounting Tutorials" [YouTube Link](https://youtube.com/watch?v=Pcd1Nh62RTs) 2026-01-27T23:43Z 1M followers, 16.1K engagements "SUM OF THE YEAR'S DIGITS Method of Depreciation 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn how to use the Sum of the Year's Digits Depreciation Method in Accounting. This an accelerated variable depreciation technique. Others depreciation methods include. Straight Line Depreciation Method https://youtu.be/iruD9KTNnNc Double-Declining Balance Method https://youtu.be/M-VzJ51zZoM Sum of the Year's Digits Method https://youtu.be/Q03t8vuRMwo Units of Production Method https://youtu.be/QJk6DgML0BQ You'll find out what" [YouTube Link](https://youtube.com/watch?v=Q03t8vuRMwo) 2020-04-21T12:00Z 1M followers, 73.4K engagements "Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Which of the following is a common example of a timing difference [--]. An outstanding check is a check that ______. [--]. What is an omission in a Bank Reconciliation [--]. Which of the following is a common example of an omission 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My Website" [YouTube Link](https://youtube.com/watch?v=jU57p05MDRo) 2026-01-29T02:50Z 1M followers, 11.6K engagements "How do Debits & Credits work in bookkeeping 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover how Debits and Credits work in accounting. You'll also learn my number one Accounting Hack. DEALER. Debits and Credits are words that we use to reflect the double-sided nature of financial transactions. If you're new to Accounting these words can seem a little counterintuitive. But listen here. They aren't good they aren't bad. they're actually quite simple and they have everything to do with "Double-Entry Accounting". Double-Entry" [YouTube Link](https://youtube.com/watch?v=kSwA2kAc4mg) 2025-01-20T12:01Z 1M followers, [----] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@accountingstuff Accounting Stuff
Accounting Stuff posts on YouTube about accounting, what is, stuff, how to the most. They currently have [---------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours.
Engagements: [------] #
- [--] Week [-------] +12%
- [--] Month [-------] +40%
- [--] Months [---------] +31%
- [--] Year [---------] +141%
Mentions: [--] #
- [--] Month [--] -31%
- [--] Months [---] +22%
- [--] Year [---] +100%
Followers: [---------] #
- [--] Week [---------] no change
- [--] Month [---------] +0.98%
- [--] Months [---------] +6.60%
- [--] Year [---------] +17%
CreatorRank: [-------] #
Social Influence
Social category influence finance 100% technology brands 1.48% stocks 0.74% social networks 0.74%
Social topic influence accounting #40, what is #3040, stuff #124, how to 28.89%, tutorial #864, balance sheet #450, credits #3334, what are #898, financial #213, flow #1109
Top accounts mentioned or mentioned by @accountingstuffcom @accountingstuffco
Top assets mentioned Alphabet Inc Class A (GOOGL)
Top Social Posts
Top posts by engagements in the last [--] hours
"FINANCIAL RATIOS: How to Analyze Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this short tutorial you'll learn how Financial Ratio Analysis works. We'll break Financial Ratios down into their five main groups: Profitability Ratios Liquidity Ratios Efficiency Ratios Leverage Ratios Price Ratios Then I'll show you how to calculate [--] of the most popular Financial Ratios using the Income Statement and the Balance Sheet. Afterwards you can jump into my Financial Ratios Playlist to explore each ratio in more detail. 🔴Subscribe"
YouTube Link 2022-08-15T11:00Z 1M followers, 977.8K engagements
"The TRIAL BALANCE Explained (Full Example) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--] - Learn how to prepare a Trial Balance using T Accounts and Journal Entries. The Trial Balance is made easy in this episode of Accounting Stuff - Accounting Basics for Beginners Lesson [--] - you will learn: What is a Trial Balance in Accounting. I explain it's definition and structure as part of Basic Accounting for Beginners. Then I explain the purpose of a Trial Balance in Accounting what a Trial Balance is used for and why it was"
YouTube Link 2018-09-28T05:12Z 1M followers, 1.3M engagements
"32 Things You Should Know as an Accountant 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I share [--] things you should know about Accounting. These core concepts and definitions are key to understanding how Accounting works. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:17 - [--]. Financial Accounting - Video: https://youtu.be/yYX4bvQSqbo 00:57 - [--]. Single-Entry Accounting Method - Video: https://youtu.be/i8RIh04AaD8 01:24 - [--]. Double-Entry Accounting Method - Video:"
YouTube Link 2023-09-25T09:51Z 1M followers, 146.6K engagements
"Debit and Credit Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop So you think you know Debits and Credits Lets find out. In this video Ive prepared [--] multiple-choice quiz questions to test your knowledge of Debits Credits and Double-Entry Accounting. Well start with the basics then move on to trickier scenarios that every accountant should know. Keep track of your score and remember to share it in the comments can you get 20/20 Whether youre studying for your accounting exam brushing up on bookkeeping skills or just"
YouTube Link 2025-09-22T01:22Z 1M followers, 21.3K engagements
"Accrued Revenue MADE EASY Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accrued Revenue aka. Unbilled Revenue is an adjusting entry that is very common in service businesses. In this video you'll find out what Accrued Revenue means and how it works using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses https://youtu.be/RE7wrflFOGA Deferred"
YouTube Link 2019-07-16T13:00Z 1M followers, 237.5K engagements
"What Does Equity ACTUALLY Mean 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Equity means in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll find the definition of Equity in Accounting. You'll also learn how Equity is made up of Capital Contributions Retained Earnings and Withdrawals. And as if that wasn't enough you'll also find the link between the Income Statement and the Balance Sheet in the context of the expanded"
YouTube Link 2019-03-12T03:18Z 1M followers, 528.4K engagements
"Prepayments and Accruals Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Adjusting Entries are an essential part of the close process in Financial Accounting. This video explains what Adjusting Journal Entries are and how they fit into the big picture of bookkeeping. If you're using the Accrual Basis of Accounting then watching this is a must You'll see how Adjusting Entries are split into two main groups: Prepayments and Accruals. You'll also find out how these are broken down further into Prepaid Expenses Deferred Revenue Accrued"
YouTube Link 2019-06-03T16:11Z 1M followers, 813.4K engagements
"First In First Out (FIFO) Inventory Cost Flows 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn about Inventory Cost Flow Assumptions. There are three of these: FIFO - First In First Out LIFO - Last In First Out AVCO - Weighted Average Cost Method This accounting tutorial focusses on FIFO. You'll discover how the First In First Out method works and get to practice using it with an example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory"
YouTube Link 2019-12-02T13:00Z 1M followers, 271.9K engagements
"T-ACCOUNTS: Explained in (Almost) [--] Minutes 💥T-Account Cheat Sheet https://accountingstuff.com/shop 🖊T-Account Practice Questions https://accountingstuff.com/practice-questions In this video I'll attempt to explain T-Accounts in less than two minutes A T-Account is a simple visual tool used in accounting to track transactions in individual accounts. It gets its name from its T shapedebits go on the left and credits go on the right. T-Accounts help us visualise the flow of transactions. Each account has a normal side where its balance typically sits. Using the DEALER acronym (Dividends"
YouTube Link 2025-03-24T12:00Z 1M followers, 86.9K engagements
"CHART OF ACCOUNTS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The Chart of Accounts (COA) is an organized list of every account held in a General Ledger. You can think of it as an index that categorizes a business's financial transactions into different accounts. In this video Ill break down what it is why it matters and show you how it looks in Service Retail and Manufacturing businesses with three simple examples. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro"
YouTube Link 2025-09-08T00:20Z 1M followers, 19.1K engagements
"INVENTORY & COST OF GOODS SOLD 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what Inventory means and how to account for it in a Merchandising Business. We'll cover the link between Inventory in the Balance Sheet and the Revenue & Cost of Goods Sold accounts in the Income Statement. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l31NY9Ecy-eFyrK6UiFzdtAi 🔴Subscribe for more"
YouTube Link 2019-10-30T12:30Z 1M followers, 449.5K engagements
"What is a JOURNAL ENTRY 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What are Journal Entries A Journal Entry is a record of a financial transaction. In this short video you'll find out what a Journal Entry looks like. We'll cover the journal number description accounts and debits and credits. Remember. Total Debits must always equal Total Credits. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist"
YouTube Link 2023-06-12T11:00Z 1M followers, 95.9K engagements
"How Prepaid Expenses Work Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Prepaid Expenses are one of the most common forms of Adjusting Entry in Accounting. In this video you'll learn what a Prepaid Expense is and I'll show how to account for them correctly using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses https://youtu.be/RE7wrflFOGA"
YouTube Link 2019-06-10T17:18Z 1M followers, 345.9K engagements
"What is a GENERAL LEDGER 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a General Ledger The General Ledger or GL is a central database that stores a complete record of a business' accounts & journal entries. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb 🔝 CLOUD ACCOUNTING SOFTWARE QuickBooks Online USA (FREE"
YouTube Link 2023-06-27T08:41Z 1M followers, 181.4K engagements
"Intro to Cash Flow Statements Direct Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn all about the Cash Flow Statement and how to prepare it using the Direct Method. Cash Flow Accounting with the Direct Method (Part 2) https://youtu.be/KOR10VPsyO8 Cash Flow Accounting with the Indirect Method (Part 3) https://youtu.be/8CH-6wdfz0Y Many people have a hard time getting to grips with the Statement of Cash Flows but in this episode of Accounting Basics for Beginners we break it down into nice and tasty brain digestible chunks. You'll learn why"
YouTube Link 2018-11-21T02:35Z 1M followers, 528.2K engagements
"How The BALANCE SHEET Works (Statement of Financial Position / SOFP) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Balance Sheet' or 'Statement of Financial Position' (SoFP) is one of the three major Financial Statements along with the Income Statement and the Statement of Cash Flows. In this tutorial you'll find out what the Balance Sheet is and how to derive it using the basic principles of 'Double Entry Accounting'. Together we'll build our own Balance Sheet from scratch using six example transactions. 🔴Subscribe for more Accounting"
YouTube Link 2019-05-14T15:00Z 1M followers, 774K engagements
"6 Profitability Ratios You Should Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I share six profitability ratios you should know: Return on Assets Return on Equity Return on Capital Employed Net Profit Margin Operating Profit Margin Gross Profit Margin 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:19 - [--]. Return on Assets 02:04 - [--]. Return on Equity 03:16 - [--]. Return on Capital Employed 05:23 - [--]. Net Profit Margin 06:40 - [--]. Operating Profit Margin 08:00 - [--]. Gross Profit"
YouTube Link 2023-10-23T08:32Z 1M followers, 68.7K engagements
"EXPANDED ACCOUNTING EQUATION: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill explain the Expanded Accounting Equation in under two minutes. Well start with the Basic Accounting Equation: Assets = Liabilities + Equity and explore how it always stays in balance. Next well break down Equity into Capital Contributions and Retained Earnings showing how a businesss profits and dividends affect its financial position. Well also connect the Income Statement and Balance Sheet by examining how Revenue and"
YouTube Link 2025-02-18T21:26Z 1M followers, 29.6K engagements
"T-ACCOUNTS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll attempt to explain T-Accounts in less than two minutes A T-Account is a simple visual tool used in accounting to track transactions in individual accounts. It gets its name from its T shapedebits go on the left and credits go on the right. T-Accounts help us visualise the flow of transactions. Each account has a normal side where its balance typically sits. Using the DEALER acronym (Dividends Expenses Assets Liabilities Equity & Revenue) we"
YouTube Link 2025-04-08T23:01Z 1M followers, 19.3K engagements
"Why are Debits & Credits BACKWARDS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Have you ever been puzzled by the reversal of debits and credits in certain situations For example when you deposit cash into your checking account the bank credits your balance. But in accounting we know that cash is an asset. A normal debit account. So debits should increase a cash balance and credits should decrease it. Dive into this video to unravel this mystery 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting"
YouTube Link 2023-05-29T01:14Z 1M followers, 127.2K engagements
"Accounting Equation Quiz: [--] Questions for Beginners Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you know the Accounting Equation This video features a 20-question multiple-choice quiz on this core accounting concept. It begins with the basics and gradually moves into more challenging questions. Youll test your knowledge of Assets Liabilities and Equity and see how different transactions affect the equation. The quiz covers key topics like which items belong in each category how to calculate missing figures and how profits or losses flow through to"
YouTube Link 2025-09-15T00:25Z 1M followers, 19.7K engagements
"How to use XERO (2025) XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z In this video I'll walk you through how to use Xero in under [--] minutes. Xero is a cloud-based accounting software that simplifies bookkeeping for small businesses. You'll learn how to navigate the Xero Dashboard Navigation Bar Organisation Menu Create Button Business Menu and Accounting Menu. Ill also help you choose the right Xero plan for your needs whether it's Early Growing or Established. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro"
YouTube Link 2024-07-29T10:38Z 1M followers, 51.5K engagements
"LEARN ACCOUNTING in Under [--] Hours 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A collection of Accounting tutorials that I have put together over the past three years. I have arranged the topics into a logical progressive order and removed all commercials intros & outros for your viewing pleasure TIMESTAMPS 00:00 - Intro 00:58 - The Accounting Cycle - https://youtu.be/yYX4bvQSqbo 14:54 - The Accounting Equation - https://youtu.be/56xscQ4viWE 18:29 - Debits & Credits - https://youtu.be/VhwZ9t2b3Zk 23:27 - Why Debits & Credits Aren't Backwards -"
YouTube Link 2021-09-20T13:00Z 1M followers, 2M engagements
"Journal Entries Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill give you [--] multiple-choice questions on Journal Entries to help you practise the basics of Double-Entry Accounting. Well cover everything from simple debits and credits to Adjusting Entries Reversing Entries Compound Entries Closing Entries and common accounting errors. Whether youre a student bookkeeper or small business owner this quiz is a great way to test your understanding and sharpen your skills. Are you up for the challenge Play"
YouTube Link 2025-11-16T22:45Z 1M followers, [----] engagements
"STRAIGHT LINE Method of Depreciation in [--] Steps 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn how to use the Straight Line Depreciation Method in Accounting. This is the simplest way to depreciate Tangible Fixed Assets. Others depreciation methods include. Straight Line Depreciation Method https://youtu.be/iruD9KTNnNc Double-Declining Balance Method https://youtu.be/M-VzJ51zZoM Sum of the Year's Digits Method https://youtu.be/Q03t8vuRMwo Units of Production Method https://youtu.be/QJk6DgML0BQ You'll find out what"
YouTube Link 2020-04-06T13:00Z 1M followers, 304.2K engagements
"What is an INCOME STATEMENT 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop An Income Statement is a Financial Statement that summarizes a business' revenues and expenses over a period of time. We start with revenue and subtract Expenses to see if it made a Profit or a Loss. For this reason the Income Statement is also called the Statement of Profit & Loss or P&L. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full"
YouTube Link 2023-10-09T09:18Z 1M followers, 40K engagements
"A Simple Guide to Cash vs Accrual Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I break down the key differences between Cash Accounting and Accrual Accounting: Under Cash Accounting revenue is recognized when cash is received and expenses are recorded when cash is paid out. Under Accrual Accounting revenue is recognized as it's earned and expenses are recorded as they're incurred regardlesss of when cash changes hands. By the end youll understand how each method works why businesses use them and which one might be right for"
YouTube Link 2025-10-01T01:10Z 1M followers, [----] engagements
"EBIT vs EBITDA: What You Must Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The fourth instalment of our Financial Ratios series. In this video you'll learn what 'EBIT' and 'EBITDA' both mean how to calculate them (with examples) and why they're important. EBIT stands for Earnings Before Interest and Taxes EBITDA stands for Earnings Before Interest Taxes Depreciation and Amortisation 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist"
YouTube Link 2022-03-21T12:00Z 1M followers, 64.9K engagements
"DEBITS & CREDITS: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll attempt to explain Debits & Credits in less than two minutes. You'll also learn my number one Accounting Hack. DEALER. Debits and Credits are words that we use to reflect the double-sided nature of financial transactions. If you're new to Accounting these words can seem a little counterintuitive. But listen here. They aren't good they aren't bad. they're actually quite simple and they have everything to do with "Double-Entry Accounting"."
YouTube Link 2024-12-02T09:21Z 1M followers, 105.7K engagements
"Assets Liabilities & Equity: Made Easy 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover everything you need to know about Assets Liabilities and Equity in Accounting. Assets Liabilities & Equity are the three main components of the Accounting Equation. The Accounting Equation says that a business's Assets must always be equal to its Liabilities plus Equity. Essentially Assets represent the stuff that a business owns and Liabilities & Equity represent the stuff that a business owes. Liabilities are owed to third party"
YouTube Link 2024-08-13T07:51Z 1M followers, 114.5K engagements
"FINANCIAL vs MANAGERIAL Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this Accounting Tutorial we explore the SIMILARITIES and DIFFERENCES between Managerial Accounting and Financial Accounting. Up until now the topics that I've covered in the 'Accounting Basics' playlist have tended to fall within the realm of Financial Accounting. However Accounting is much bigger than just Financial Accounting. You can think of it as a tree with many branches. and another of these branches is Management Accounting. But what is Management Accounting"
YouTube Link 2019-03-26T02:47Z 1M followers, 301.2K engagements
"5 Debit and Credit Practice Questions & Solutions 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. Join me in this episode of Accounting Basics for Beginners as we work through Five Debit Credit examples and solutions. This episode of Accounting Stuff is a supplement to Accounting Basics for Beginners Lesson [--] - "Debits and Credits Easy Explanation" https://youtu.be/VhwZ9t2b3Zk In this video you can get in your Debit Credit practice by putting the skills you have learned to the test. Practice Questions have long been my"
YouTube Link 2018-11-12T01:45Z 1M followers, 426.5K engagements
"JOURNAL ENTRIES: Explained in (Almost) [--] Minutes 💥Journal Entries Cheat Sheet https://accountingstuff.com/shop 🖊Journal Entries Practice Questions https://accountingstuff.com/practice-questions In this quick tutorial I'll attempt to explain Journal Entries in less than two minutes A Journal Entry is a record of a financial transaction. It captures key details such as: The unique Journal Number The Posting Date The accounts involved A brief description The Debits and Credits In Double-Entry Accounting every transaction affects at least two accounts. This means the total of the debit column"
YouTube Link 2025-04-07T09:17Z 1M followers, 138.5K engagements
"Revenue Recognition Principle in TWO MINUTES 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Are you looking for the quickest way to understand the Revenue Recognition Principle Well look no further In this video you'll find an easy way to understand Revenue Recognition that easy to follow and keep up with. Budding Accountants often ask "What is Revenue Recognition" and deservedly so because is one of the main building blocks of Accrual Accounting. This video will teach you the best way to learn Revenue Recognition without wasting any time at all. Two"
YouTube Link 2018-11-04T22:06Z 1M followers, 312.1K engagements
"Accrued Expenses Broken Down Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop To accrue or not to accrue. that is the question. Accrued Expenses are one of the most common types of month end adjusting entries. In this video you'll find out what they are and how to accrue an expense using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro to Adjusting Entries https://youtu.be/H0N7tvXuJlU Prepaid Expenses"
YouTube Link 2019-07-01T13:00Z 1M followers, 346.4K engagements
"TAX BASICS: a Beginner's Guide to Everything 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop This video is a beginner's guide to all things tax. First I'll explain what tax is. Then we'll cover the burden of tax and how different taxes can be proportional regressive or progressive. You'll also discover the difference between tax avoidance and tax evasion along with direct and indirect taxes. We'll then break taxes down into three distinct categories: Tax on the Stuff you Earn Tax on the Stuff you Buy Tax on the Stuff you Own We'll cover the main taxes"
YouTube Link 2023-01-17T11:00Z 1M followers, 94.5K engagements
"5 Reasons to Avoid Accounting (as a Career) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How do you know if you should be an Accountant In this video I'll give you [--] reasons why you shouldn't do Accounting as a career. I'll compare my expectations going into Audit and Financial Accounting with the reality of what I experienced. Hopefully these points will help you decide if you really want to be an Accountant. TIMESTAMPS 00:00 - Intro 00:51 - Accountants Need to be Good at Maths 01:54 - Accounting is Boring 03:04 - Accounting is Hard 03:56 -"
YouTube Link 2020-02-19T18:17Z 1M followers, 556.4K engagements
"Accrual Accounting: How it Works & Why it's #1 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. In this episode of Accounting Basics for Beginners we take on the question - which is better The Accrual Basis of Accounting or the Cash Basis This episode of Accounting Stuff - Accounting Basics Lesson [--] - is a continuation of our series on Basic Accounting for Beginners. In this tutorial you will learn: The definition of the Accruals Basis of Accounting. Accrual vs Cash Basis - Why is Accrual Accounting better than Cash"
YouTube Link 2018-10-22T04:45Z 1M followers, 365.4K engagements
"The BALANCE SHEET for BEGINNERS (Full Example) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Balance Sheet' or 'Statement of Financial Position' (SOFP) is one of the three major Financial Statements along with the Income Statement and the Statement of Cash Flows. In this tutorial you'll learn what a Balance Sheet is and I'll show you how to build one using a Trial Balance. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:17 - Balance Sheet Definition 00:33 - What is a Basic Balance Sheet 01:15"
YouTube Link 2021-03-30T15:13Z 1M followers, 1.4M engagements
"How to use QUICKBOOKS ONLINE (2025) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use QuickBooks Online in [----]. QuickBooks Online is the most popular cloud accounting software in the world. It's designed for small businesses by an American company called Intuit. Who also make TurboTax Mint and Mailchimp. There are four versions of QuickBooks Online depending on your requirements: Simple Start Essentials Plus Advanced You'll find out"
YouTube Link 2023-11-20T10:00Z 1M followers, 436.8K engagements
"ACCOUNTING BASICS: Debits and Credits Explained 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Shhh it's a secret Not really. In this Accounting tutorial youll discover the true meaning of Debits and Credits in Accounting. This episode is a continuation of our series exploring Accounting Basics. To see the whole playlist check out the link below. The terms Debit and Credit are the bread and butter of Double Entry Bookkeeping and reflect the duality or double-sided nature of all financial transactions. Its crucial to understand this concept when"
YouTube Link 2018-08-29T21:14Z 1M followers, 2.9M engagements
"CLOSING ENTRIES: Everything You Need To Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what Closing Entries mean and I'll show you how they work using an example. We'll cover the differences between Temporary and Permanent Accounts and a trick to remember which accounts fall into each category. You'll also see how to post Closing Entries in two different ways: the Long Way and the Short Way. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb"
YouTube Link 2020-12-15T13:00Z 1M followers, 398.8K engagements
"A Complete Guide to Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover everything you need to know about Adjusting Entries. Adjusting Entries are Journal Entries posted at the end of each accounting period to align a business's financial records with the Accrual Method of accounting. They can be categorized into four main groups: Prepaid Expenses Deferred Revenue Accrued Expenses Accrued Revenue Ill break down each type with simple easy-to-follow examples to help you understand how they work in real-world"
YouTube Link 2024-09-17T09:41Z 1M followers, 223.8K engagements
"TRIAL BALANCE vs BALANCE SHEET 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video we break down the differences between the Trial Balance and the Balance Sheet in accounting. These two reports often get confused with one another so I created this accounting tutorial to help clear things up. ACCOUNTING TUTORIALS Trial Balance Tutorial https://youtu.be/kA9snSvCgW8 Balance Sheet Tutorial https://youtu.be/YZyBSU6YdmM FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount)"
YouTube Link 2019-07-23T13:00Z 1M followers, 184.7K engagements
"The Essential Guide to Inventory in Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this special compilation video you'll learn (almost) everything you need to know about Inventory in Accounting. Well start by exploring how Inventory is accounted for in a merchandising business. Then Ill break down the Periodic and Perpetual Inventory Systems. Finally Ill explain how Inventory Cost Flow Assumptions are used to calculate Cost of Goods Sold and Closing Inventory. Well cover three key methods: FIFO (First In First Out) LIFO (Last In First"
YouTube Link 2024-09-03T10:35Z 1M followers, 91.3K engagements
"New Accounting Cheat Sheet Bundle (2025) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The All-in-One Accounting Cheat Sheet Bundle is back and better than ever The brand-new Second Edition is now available in full colour with updated layouts clearer explanations and built-in hyperlinks so you can learn faster and find the answers you need instantly. This time everything has been combined into one clean organised PDF guide. The contents page is fully clickable so you can jump straight to the topic youre after and each page title links directly to my"
YouTube Link 2025-08-25T00:38Z 1M followers, [----] engagements
"ACCOUNTING BASICS: a Guide to (Almost) Everything 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Would you like to know what Accounting REALLY MEANS In this short tutorial we'll take [--] simple example and follow it through all [--] Steps of the Accounting Cycle - from start to finish - you'll build a solid understanding of all the Accounting Basics we encounter along the way. Stuff like the Accounting Equation Debits & Credits Double-Entry Accounting T-Accounts the Trial Balance etc. If you're an Accounting Beginner then I recommend watching this all the"
YouTube Link 2020-07-20T12:00Z 1M followers, 4.3M engagements
"DOUBLE-ENTRY ACCOUNTING: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I attempt to explain Double-Entry Accounting in less than two minutes. Double-Entry Accounting is a Bookkeeping system. It says every accounting entry must have an opposite corresponding entry in a different account. Debits & Credits are the words we use to reflect each side. This idea is more than [---] years old. It was first documented by an Italian mathematician called Luca Pacioli in his book "Summa de Arithmetica". The concepts in"
YouTube Link 2024-04-08T10:15Z 1M followers, 224.8K engagements
"TRIAL BALANCE: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A Trial Balance (or TB) is an accounting report that shows a list of all ledger accounts and their balances at a point in time. It's used internally by businesses to check that Total Debits equal Total Credits. In this video we'll build a Trial Balance from scratch and discuss its key components including account names account numbers debits and credits. Then I'll show you an example of an unbalanced Trial Balance. We'll identify the error correct it and"
YouTube Link 2026-02-09T04:54Z 1M followers, [----] engagements
"Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. An NSF check occurs when ______. [--]. Omissions in a Bank Reconciliation usually require ______. [--]. Interest earned appears on the Bank Statement but was omitted from the Cash Book. What Journal Entry is required [--]. A check recorded as $720 in the Cash Book was recorded by the bank as $270. This is an example of ______. 🔴"
YouTube Link 2026-01-30T01:33Z 1M followers, [----] engagements
"Prepare A Cash Flow Statement Indirect Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn how to produce a Cash Flow Statement using the Indirect Method. This episode of Accounting Basics for Beginners is Part [--] covering Indirect Method Cash Flow Accounting. The rest of the series can be found here: Cash Flow Statement Direct Method (Part 1) https://youtu.be/Xy-yDw0gsgc Cash Flow Statement Direct Method (Part 2) https://youtu.be/KOR10VPsyO8 Preparing a Cash Flow Statement using the Direct Method can be time consuming. In this episode of"
YouTube Link 2018-12-18T07:33Z 1M followers, 783.6K engagements
"SIMPLE vs COMPOUND Journal Entries: Explained in (Almost) [--] Minutes 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video youll learn the difference between Simple and Compound Journal Entries. Youll see how simple entries record straightforward transactions with just two accounts while compound entries handle more complex transactions involving multiple accounts. By the end youll understand how both types follow the rules of Double-Entry Accounting and always balance debits and credits. 🔴Subscribe for more Accounting Tutorials"
YouTube Link 2025-09-01T01:21Z 1M followers, [----] engagements
"Deferred Revenue Explained Adjusting Entries 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Deferred Revenue can be a real head-scratcher. As if Adjusting Entries weren't already confusing enough. Deferred Revenue Unearned Revenue and Prepaid Revenue all mean the same thing In this video you'll find out what these terms mean and I'll show how to account for them correctly using Journal Entries and T Accounts. I'm creating a whole mini-series devoted to this topic which will include worked examples for each of these four types of Adjusting Entry. Intro"
YouTube Link 2019-06-19T13:30Z 1M followers, 274.7K engagements
"GENERAL LEDGER: Visual Guide to Posting Journals 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what the General Ledger means in Accounting. You'll see how ledgers were used in the past and how they have evolved over time. I'll take you through two example transactions and show you how to post them to the General Ledger in two different ways using Manual Journal Entries and Automatic Journal Entries with Subledgers. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist"
YouTube Link 2020-10-14T13:00Z 1M followers, 554.1K engagements
"RETURN ON ASSETS: a Quick & Easy Guide 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what 'Return On Assets' is and I'll show how to calculate it using an example This tutorial is part of my Financial Ratios series. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:19 - What does Return on Assets mean 00:41 - Return on Assets Definition 01:35 - Where to Find Net Profit and"
YouTube Link 2022-05-30T10:00Z 1M followers, 48.4K engagements
"5 Questions on the Balance Sheet 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Five True or False questions about the Balance Sheet. Every accountant should be able to answer these [--]. The Balance Sheet is a snapshot of a business's financial position at a point in time. True or False [--]. The Balance Sheet is also known as the Statement of Financial Position. True or False [--]. Assets on a Balance Sheet are always listed in alphabetical order. True or False [--]. On the Balance Sheet Total Assets must equal Total Liabilities plus Equity. True or False 5."
YouTube Link 2024-03-11T13:00Z 1M followers, 25K engagements
"5 Reasons You Should Be An Accountant 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Are you wondering whether to begin a career as an accountant Or maybe you've been working as an accountant for a while now and have forgotten what motivated you in the first place. I have racked my brains and come up with Five Reasons to become an Accountant. FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z QuickBooks Online USA (Free Trial /"
YouTube Link 2019-05-06T15:00Z 1M followers, 288.2K engagements
"Inventory Systems: Perpetual vs Periodic 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll find out what Perpetual and Periodic Inventory Systems are and how they differ from one another. We'll cover the Pros and Cons of each before diving into an Accounting example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full Inventory Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l31NY9Ecy-eFyrK6UiFzdtAi 🔴Subscribe for more Accounting Tutorials"
YouTube Link 2019-11-13T16:15Z 1M followers, 441.8K engagements
"How to use XERO (2024) UPDATE - After making this video I was approved for the Xero affiliate program. If you'd like to give Xero a try then here is my new affiliate link: XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z In this video I'll show you how to use Xero in [--] minutes. Xero is a popular cloud accounting software similar to QuickBooks Online. There are three subscription levels depending on your requirements: Early Growing Established You'll find out what the Xero Dashboard looks like and then we'll cover the Organisation Menu the Create Button and the"
YouTube Link 2022-05-23T11:00Z 1M followers, 216.8K engagements
"The INCOME STATEMENT for BEGINNERS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Income Statement' or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements along with the Balance Sheet and the Statement of Cash Flows. In this tutorial we'll build an Income Statement from the ground up using the basic principles of Accounting. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:08 - Financial Statement Definition 00:41 - What is a Basic Income Statement 00:55 - What is a"
YouTube Link 2021-03-01T17:21Z 1M followers, 639K engagements
"What is a Trial Balance 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a Trial Balance A Trial Balance (or TB) is an accounting report that shows a list of all ledger accounts and their balances at a point in time. It's used internally by businesses to check that Total Debits equal Total Credits. What does a Trial Balance look like We start with a complete list of accounts in the General Ledger. These are usually arranged by type. So we have: - Assets - Liabilities - Equity - Revenue - Expenses Businesses often like to give each account a code"
YouTube Link 2026-02-09T22:15Z 1M followers, 16.6K engagements
"The ACCOUNTING EQUATION For BEGINNERS Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop 🖊Accounting Equation Practice Questions https://accountingstuff.com/practice-questions The Accounting Equation explained in full. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll learn how to derive the basic Accounting Equation from scratch. I will demonstrate the relationship between Assets Liabilities and Equity which together represent the three elements of the Accounting Equation."
YouTube Link 2018-08-16T01:12Z 1M followers, 1.3M engagements
"DEALER: The Number [--] HACK for Debits & Credits 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The easiest way to remember Debits and Credits in Accounting Watch this video to find out what DEALER means and how it can deepen your understanding of Debits and Credits. This is my favourite Accounting Basics trick to identify and distinguish between debit and credit accounts. FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z QuickBooks"
YouTube Link 2019-07-08T13:00Z 1M followers, 307.8K engagements
"Double-Entry Accounting Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out Im James youre watching Accounting Stuff and today Ive put together [--] multiple-choice questions for you. You know the drill Grab a pen play along and remember to share your score in the comments at the end Can you get [--] out of [--] 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:15 - Q1: What does the word entry mean in Double-Entry"
YouTube Link 2025-11-09T23:01Z 1M followers, 12.6K engagements
"How to use QUICKBOOKS ONLINE QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use QuickBooks Online in [--] minutes. QuickBooks Online is a popular cloud accounting software made by Intuit. There are four subscription levels depending on your requirements: Simple Start Essentials Plus Advanced You'll find out what the QuickBooks Online Dashboard looks like and then we'll cover Settings the New Button and the Nav Bar in detail. 🔴Subscribe"
YouTube Link 2021-05-18T13:00Z 1M followers, 2.1M engagements
"How to use XERO (2026) XERO (Free Trial / Discount) https://xero5440.partnerlinks.io/08mfchsgfw8z Learn how to use Xero in under [--] minutes with this beginner-friendly tutorial. Ill walk you through the Dashboard Navigation Bar Organisation Menu Create New button Sales Purchases Reporting and Accounting menus so you can get comfortable with the software fast. Youll also learn how the Xero pricing plans (Early Growing and Established) work and which one is right for your small business. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:09 -"
YouTube Link 2025-12-07T22:29Z 1M followers, [----] engagements
"OPERATING PROFIT MARGIN: a Quick Guide 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The second instalment of our Financial Ratios series. In this video you'll learn what 'Operating Profit Margin' is and I'll show how to calculate it with examples. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:06 - Operating Profit Margin Definition 00:35 - What is Profit 00:51 - What is Operating Profit 02:13 -"
YouTube Link 2021-08-30T17:43Z 1M followers, 70.9K engagements
"What is a TRIAL BALANCE 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is a Trial Balance A Trial Balance is an accounting report that shows how much money's in every business account at a given moment. In this video you'll find out what a Trial Balance looks like and how the accounts are arranged. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist"
YouTube Link 2023-06-20T10:04Z 1M followers, 242.1K engagements
"How JOURNAL ENTRIES Work (in Accounting) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--]. In this episode of Accounting Basics for Beginners I explain Journal Entries in full In this episode of Accounting Stuff - Accounting Basics Lesson [--] - you will learn: The definition of accounting Journal Entries as part of Basic Accounting for Beginners. The most common Journal Entry Format and how Journal Entries are recorded. How to check that your Journal Entries balance. I will also take you through the differences between Manual"
YouTube Link 2018-09-21T02:17Z 1M followers, 964.5K engagements
"The KEY to Understanding Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video I'll share the key to understanding Financial Statements. You'll learn the relationship between the Balance Sheet and the Accounting Equation and where the Income Statement fits into the big picture of Accounting. 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:16 -"
YouTube Link 2020-10-27T13:00Z 1M followers, 385.6K engagements
"NET PROFIT MARGIN: a Ratio Made Simple 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The third instalment of our Financial Ratios series. In this video you'll learn what 'Net Profit Margin' is and I'll show how to calculate it with examples 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:03 - Net Profit Margin Definition 00:30 - What is Profit 00:49 - What is Net Profit 01:30 - What is Net Profit"
YouTube Link 2021-09-07T13:00Z 1M followers, 70.2K engagements
"The INCOME STATEMENT Explained (Profit & Loss / P&L) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Income Statement' or 'Profit and Loss Statement' (P&L) is one of the three major Financial Statements along with the Balance Sheet and the Statement of Cash Flows. In this tutorial you'll find out what the Income Statement is and how you can use it to measure a business's financial performance. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 01:02 - Income Statement Definition 01:10 - What a Basic"
YouTube Link 2019-08-19T14:58Z 1M followers, 1.3M engagements
"T Accounts Explained SIMPLY (With [--] Examples) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Accounting Basics Lesson [--] - T Accounts Explained. This episode of Accounting Basics for Beginners will give you the full run down of how T Accounting works and why they are so useful in visualising accounts. T Accounting made easy is Accounting Basics Lesson [--] and will each you an easy way to learn T Accounting. What is a T Account and why are they used You'll get the answers to these questions in this video along with [--] examples to help you understand T"
YouTube Link 2018-09-13T16:33Z 1M followers, 1.3M engagements
"What are Assets (Let's Break Them Down) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Assets mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll hear the definition of Assets in Accounting. I'll also take you through the common types of Asset that are worth knowing about. TIMESTAMPS 00:00 - Intro 00:47 - What are Assets in Accounting 01:30 - Assets Defintion 01:54 - Uncertainty about the Future 02:40 - Future Economic"
YouTube Link 2019-02-25T01:35Z 1M followers, 431.5K engagements
"ACCOUNTING EQUATION: Explained in (Almost) [--] Minutes Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop In this video I attempt to explain the Accounting Equation in less than two minutes. The Accounting Equation is a formula that sets out the relationship between Assets Liabilities & Equity. It says that at any given moment a business's Assets must equal its Liabilities plus Equity. You could call this the backbone of bookkeeping because the accounting equation always has to balance. The concept at the heart of the Accounting Equation is very simple. The stuff that a"
YouTube Link 2024-02-05T12:00Z 1M followers, 93.6K engagements
"3 Liquidity Ratios You Should Know 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Liquidity Ratios help you assess if a business can meet its short-term obligations. In this video I'll introduce you to three well-known Liquidity Ratios: Current Ratio: Also known as the Working Capital Ratio. This is the least conservative Liquidity Ratio. It's calculated by dividing Current Assets by Current Liabilities. Quick Ratio: Also known as the Acid-Test Ratio it only considers Liquid Assets. Cash Ratio: This is the most conservative Liquidity Ratio. We can"
YouTube Link 2024-01-09T10:30Z 1M followers, 39.3K engagements
"The CASH FLOW STATEMENT for BEGINNERS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The 'Cash Flow Statement' or 'Statement of Cash Flows' is one of the three major Financial Statements along with the Income Statement and the Balance Sheet. In this tutorial you'll learn what a Cash Flow Statement is and I'll show you how to build one using the Indirect Method. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:06 - Cash Flow Statement Definition 00:18 - Why do we need a Cash Flow Statement 02:15 -"
YouTube Link 2021-05-24T13:00Z 1M followers, 1.5M engagements
"FINANCIAL STATEMENTS: all the basics in [--] MINS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this short tutorial you'll learn all the basics about Financial Statements. We'll cover the Balance Sheet the Income Statement and the Cash Flow Statement with an example. 🔗VIDEO LINKS Balance Sheet video https://youtu.be/CMv1zlZhb4Q Income Statement video https://youtu.be/0--AvwZabIQ Cash Flow Statement video https://youtu.be/DiVPAjgmnj0 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:22 - What are"
YouTube Link 2022-10-11T11:00Z 1M followers, 1.2M engagements
"Average Cost Method (AVCO) Inventory Cost Flows 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn about Inventory Cost Flow Assumptions. There are three of these: FIFO - First In First Out LIFO - Last In First Out AVCO - Weighted Average Cost Method This accounting tutorial focusses on AVCO. You'll discover how the Weighted Average Cost method works and get to practice using it with an example. This episode is part of a mini-series exploring Inventory in Accounting. You can find the link to the whole playlist here 🔗Full"
YouTube Link 2019-12-16T17:49Z 1M followers, 124.5K engagements
"The Ultimate Guide to Financial Statements 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video we're doing a deep dive into Financial Statements. Financial Statements are external reports that summarize a business's financial performance and position over a period of time. There are three main Financial Statements: Balance Sheet (aka. Statement of Financial Position) Income Statement (aka. Statement of Profit & Loss or "P&L") Cash Flow Statement (aka. Statement of Cash Flows) We'll over each one in detail with examples to illustrate how they"
YouTube Link 2024-10-02T09:21Z 1M followers, 198.2K engagements
"GROSS PROFIT MARGIN: a Simple Explanation 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn what 'Gross Profit Margin' is and I'll show how to calculate it with examples. This is the start of a new series covering Financial Ratios. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗Financial Ratios Playlist https://www.youtube.com/playlistlist=PL5zKSeS09l32wo_GgikQ_LgYYW6YXzxDc TIMESTAMPS 00:00 - Intro 00:13 - Gross Profit Margin Definition 01:02 - What is Profit 01:22 - What is Profit Margin 02:26 -"
YouTube Link 2021-08-23T12:00Z 1M followers, 141.7K engagements
"A Beginner's Guide to the Cash Flow Statement 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The Cash Flow Statement is one of the three main Financial Statements in accounting. It provides a summary of a business's cash inflows and outflows over a period of time. In this tutorial we'll do a deep dive into the Cash Flow Statement. First I'll explain why we need it if we're using the Accrual Method of accounting. Then I'll show you how to build a Cash Flow Statement from scratch using the Direct Method. We'll cover cash flow from operating investing"
YouTube Link 2025-10-06T05:01Z 1M followers, 21.2K engagements
"How To Do A Bank Reconciliation (EASY WAY) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Join me in this episode of Accounting Basics for Beginners as I show you how to do a Bank Reconciliation from scratch. In this Bank Reconciliation tutorial you'll hear the definitions of Bank Statement and Cash Book and learn why the following situations can cause differences between these two reports. Omissions Timing Differences Errors You'll then find out how the Bank Rec is useful in terms of calculating the 'True Cash Value' of a business. And finally I'll"
YouTube Link 2019-01-16T22:37Z 1M followers, 1.6M engagements
"How do Debits and Credits work in accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here's an example of how Debits and Credit work. Let's say that a business borrows $1000 cash from a bank. What happens On the one hand its Liabilities have to go up to record its financial obligation to the bank - which is a third party. Liabilities are represented by the "L" in DEALER. So they're Normal Credit Accounts and represent a source of funds to the business. We can increase Liabilities by crediting them by $1000. In Double-Entry Accounting every"
YouTube Link 2024-12-16T12:00Z 998K followers, [----] engagements
"How do T-Accounts work 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How do T-Accounts work First you should know that all accounts can be sorted into two main groups: We have Normal Debit Accounts and Normal Credit Accounts. At any moment in time we'd expect to find the balance of a Normal Debit Account on the left of the T-Account which is the debit side. And we'd expect to find the balance of a Normal Credit Account on the right (the credit side). A simple way to remember this is to use "DEALER". DEA stands for Dividends Expenses & Assets. These"
YouTube Link 2025-05-20T09:54Z 1M followers, 12.3K engagements
"Accounting Acronyms Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five acronyms or initialisms every Accountant should know. Do you [--]. What does P&L stand for [--]. What does JE stand for [--]. What does TB stand for [--]. What does A/R stand for [--]. What does OPEX stand for Follow me for more Accounting Quizzes. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist"
YouTube Link 2024-07-22T09:45Z 1M followers, [----] engagements
"What is the Accounting Equation Free Accounting Equation Cheat Sheet https://accountingstuff.com/shop The Accounting Equation is a formula that sets out the relationship between Assets Liabilities & Equity. It says that at any given moment a business's Assets must equal its Liabilities plus Equity. You could call this the backbone of bookkeeping because the accounting equation always has to balance. The concept at the heart of the Accounting Equation is very simple. The stuff that a business owns is equal to the stuff that a business owes. A business owns Assets and it owes Liabilities &"
YouTube Link 2025-01-06T12:00Z 1M followers, [----] engagements
"What is a Chart of Accounts 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A 'Chart of Accounts' is an organized list of every account held in a General Ledger. You can think of it as an index that categorizes a business's financial transactions into different accounts. What does a Chart of Accounts look like A Chart of Accounts is usually divided into five main categories. We have Assets Liabilities and Equity which are the Balance Sheet accounts. And then Revenue and Expenses which belong on the Income Statement. Each category is given a range of"
YouTube Link 2025-10-12T23:36Z 1M followers, 15K engagements
"What Are Liabilities (SIMPLE Explanation) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Discover what Liabilities mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial youll hear the definition of Liabilities in Accounting. I'll also take you through the common types of Liability that are worth knowing about. TIMESTAMPS 00:00 - Intro 01:18 - Liabilities Definition in Accounting 03:34 - What are Current Liabilities 03:43 - Accounts Payable 05:45"
YouTube Link 2019-03-04T04:03Z 1M followers, 317.1K engagements
"How to find the Expanded Accounting Equation Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop What is the Expanded Accounting Equation Well start with the Basic Accounting Equation. It says that a businesss Assets must equal its Liabilities plus Equity. To build this out into the Expanded Accounting Equation we need to take a closer look at Equity. Equity is made up of two things: Capital Contributions Retained Earnings Capital Contributions are the funds invested into a business by its owners out of their own pockets and Retained Earnings are a business' accumulated"
YouTube Link 2025-03-17T01:26Z 1M followers, [----] engagements
"T-Account Quiz: [--] Questions for Beginners 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Lets find out Im James you're watching Accounting Stuff and today Ive prepared [--] multiple-choice questions for you. Well start with the basics but dont get too comfortable things will get tougher fast. So grab a pen keep score and remember to share your result in the comments at the end 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel TIMESTAMPS 00:00 - Intro 00:22 - Q1: An Account is a place where a"
YouTube Link 2025-10-20T00:07Z 1M followers, [----] engagements
"Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which Financial Statement reflects the Accounting Equation at a point in time [--]. A business has $20000 in Liabilities and $50000 in Equity. How much are its Assets [--]. A business has $50000 in Assets and $20000 in Liabilities. What is its Equity [--]. The Income Statement is linked to the Accounting Equation through ____ . Can you fill in the blank [--]. Which of the following is not classified as a"
YouTube Link 2025-09-17T00:13Z 1M followers, [----] engagements
"Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. In Financial Accounting what is an "Account" [--]. A Chart of Accounts is an organized ______ of every account held in a General Ledger. [--]. Which of the following would not appear in a Chart of Accounts [--]. The Chart of Accounts groups accounts by ______. [--]. In most systems each account in the Chart of Accounts has a ______. 🔴"
YouTube Link 2025-12-02T00:55Z 1M followers, 26.2K engagements
"Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. Why do many businesses use account numbers instead of just account names [--]. Which statement is true about customizing a Chart of Accounts [--]. Why might a business choose to increase granularity in its Chart of Accounts [--]. How are account categories typically arranged in a Chart of Accounts 🔴 Subscribe for more Accounting"
YouTube Link 2025-12-02T23:46Z 1M followers, 15.7K engagements
"General Ledger Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on the General Ledger in accounting [--]. The General Ledger is a summary of a business's Revenues and Expenses over a period of time. True or False [--]. The Trial Balance is prepared directly from the General Ledger. True or False [--]. The balance of a Control Account must match the total of its Subledger. True of False [--]. Accounts Receivable Accounts Payable & Fixed Assets often have Subledgers. True or False [--]. The General Ledger is only updated at the"
YouTube Link 2025-01-28T04:59Z 1M followers, [----] engagements
"Chart of Accounts Quiz (Part [--] of 4) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know the Chart of Accounts Let's find out. [--]. Which of the following is not a Contra-Account [--]. Which of the following is an example of a Control Account [--]. Which type of account is a Service business least likely to include in its Chart of Accounts [--]. Which account would you expect to find in a Retail business [--]. Which account would you expect to find in a"
YouTube Link 2025-12-04T21:40Z 1M followers, 20.9K engagements
"Double-Entry Accounting Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out [--]. Debits decrease the balance of which account [--]. A business receives a $600 electricity bill but hasnt paid it yet. It credits Accounts Payable by $600. What is the other entry [--]. A business buys equipment for $2000 paying the full amount in cash. It debits Equipment by $2000. What is the other entry 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My"
YouTube Link 2025-11-12T21:35Z 1M followers, 15.3K engagements
"What is a Compound Journal Entry 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Compound Journal Entries are used to record transactions that involve three or more accounts. There could be multiple debits multiple credits or a combination of both. We can tweak our example to demonstrate this. Chick n' Duck's Dreamland buys a new Feed Delivery System. It still costs $10000 but this time they pay $6000 in Cash and put the remaining $4000 on Credit. This transaction involves three accounts: Feeding Equipment Cash and Accounts Payable. So we can record it"
YouTube Link 2025-10-06T22:14Z 1M followers, [----] engagements
"Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. A business receives cash from a customer to settle an outstanding account. What is the Journal Entry [--]. A business closes its Revenue account at year-end. What is the Journal Entry [--]. A business records depreciation on its Equipment. What is the Journal Entry [--]. A customer pays in advance for a 12-month subscription."
YouTube Link 2025-11-19T21:56Z 1M followers, 23.3K engagements
"Accounting Equation: Short Quiz Free Accounting Equation Cheat Sheet https://accountingstuff.com/shop Here are [--] quick questions on the Accounting Equation. Can you answer them all under time pressure [--]. Buying equipment with Cash increases Assets and Liabilities. True or False [--]. Running a depreciation expense decreases Assets and Equity. True or False [--]. Earning revenue 'on account' increases Assets and Liabilities. True or False [--]. Repaying a loan decreases Assets and Liabilities. True or False [--]. Receiving a payment from a debtor has no overall impact on the Accounting Equation. True or"
YouTube Link 2024-06-17T05:18Z 1M followers, 15.3K engagements
"T-Accounts Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Try to answer these three questions: [--]. Which side of a T-Account is used to record an increase in Dividends Declared [--]. Where would you expect to find the closing balance of a Service Revenue T-Account [--]. A business has an opening balance of $2000 in Accounts Receivable. During the month they receive a $500 payment from a customer. What is the closing balance of the T-Account 🔴 Subscribe for more Accounting Tutorials"
YouTube Link 2025-10-23T00:24Z 1M followers, [----] engagements
"Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which of the following is not classified as an Asset [--]. Which of the following is not included in Equity [--]. An owner contributes cash into their business. How does this affect the Accounting Equation [--]. An owner withdraws cash from their business for personal use. How does this affect the Accounting Equation [--]. A business makes a $1500 cash payment to settle an Account Payable. How does this"
YouTube Link 2025-09-18T00:32Z 1M followers, [----] engagements
"Accounting Cheat Sheets: 2nd Edition Coming Next Week 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learning accounting doesnt have to be complicated. Since I launched my Accounting Cheat Sheets theyve helped thousands of accounting students bookkeepers and small business owners master the basics of accounting faster and with less stress. Now after months of work the 2nd Edition Accounting Cheat Sheet Pack is almost here. Its packed with fresh updates cleaner layouts and the accounting tips youve been asking for. Whether youre studying for an"
YouTube Link 2025-08-11T23:52Z 1M followers, [----] engagements
"Bank Reconciliation Quiz: [--] Questions for Beginners QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. In this video Ive put together [--] multiple-choice questions to test your understanding of bank recs. We'll start with the basics then the questions will gradually getting more challenging. Well cover matched transactions reconciling items timing differences omissions and journal entries. Whether youre a student"
YouTube Link 2026-01-26T00:38Z 1M followers, [----] engagements
"Debit & Credit Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on Debits and Credits in accounting [--]. Do you debit or credit Dividends to decrease it [--]. Do you debit or credit Accrued Expenses to decrease it [--]. A business provides services to a client on credit. Which account is debited [--]. A business pays a supplier for inventory that was purchased on account. Which account is credited [--]. A business records depreciation on its equipment. Which account is credited 🔴 Subscribe for more"
YouTube Link 2025-09-24T22:25Z 1M followers, [----] engagements
"Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. What is a common risk associated with Manual Journal Entries [--]. In modern accounting software Automatic Journal Entries are often created ______ . Can you fill in the blank [--]. A Simple Journal Entry involves _____ . Can you fill in the blank [--]. When a transaction impacts three or more accounts it's recorded as a ______ ."
YouTube Link 2025-11-17T22:30Z 1M followers, 14.8K engagements
"Accounting Cheat Sheet Sale 50% Off For a limited time you can grab the First Edition of my All-in-One Accounting Cheat Sheet Bundle for just $19.99 (was $39.99) the lowest price ever. These [--] printable cheat sheets break down core accounting concepts into simple visual one-page summaries. Perfect for budget-conscious learners college students and small business owners who want to learn accounting fast. 👉 Get your First Edition Bundle now before the sale ends at https://accountingstuff.com/shop 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite"
YouTube Link 2025-08-15T00:24Z 1M followers, [----] engagements
"Journal Entries Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Journal Entries Try to answer these questions. [--]. A Journal Entry is a _____ . Can you fill in the blank [--]. A Journal Number is a ______ reference number used to identify a Journal Entry. Can you fill in the blank [--]. The ______ is the date the Journal Entry is recorded in the General Ledger. Can you fill in the blank [--]. Why should every Journal Entry include a"
YouTube Link 2025-11-17T04:20Z 1M followers, 23.1K engagements
"1 Million Subscribers One million of you clicked subscribe Thanks for watching learning and growing with me. 🙏 accounting accountingstuff accounting stuff james from accounting stuff james accounting stuff accounting basics accounting for beginners debits and credits accounting accountingstuff accounting stuff james from accounting stuff james accounting stuff accounting basics accounting for beginners debits and credits"
YouTube Link 2025-10-23T23:09Z 1M followers, [----] engagements
"Which QuickBooks Online Should You Buy in [----] QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I compare all the different versions of QuickBooks Online (and Self Employed) so we can find out what's right for you and your small business. Intuit have recently added "Advanced" to a cloud accounting product line up that already included Self Employed Simple Start Essentials and Plus. There have been a few changes to the features offered in each version which I"
YouTube Link 2019-08-06T13:00Z 1M followers, 103.6K engagements
"Accounting Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five quick questions that every accountant should know the answer to. [--]. The Accounting Equation is: Assets = Liabilities + Equity. True or False [--]. In Double-Entry Accounting every transaction affects at least two accounts. True or False [--]. A Journal Entry is a summary of a business's revenues and expenses over a period of time. True or False [--]. In Accrual Accounting Expenses should always be recorded when Cash is paid out. True or False [--]. The Matching Principle says that"
YouTube Link 2025-05-05T03:36Z 1M followers, [----] engagements
"What is a Simple Journal Entry 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop A Journal Entry is a record of a Financial Transaction in an accounting system. Simple Journal Entries are used for straightforward transactions that involve just two accounts - we have one debit in the left column and one credit in the right column. Let me explain with an example. Chick n' Duck's Dreamland is a Petting Zoo. On September 1st the business buys a new Feed Delivery System for $10000. How do we record this transaction in a Journal Entry We start with a unique"
YouTube Link 2025-09-30T00:18Z 1M followers, [----] engagements
"T-Accounts Practice Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on T-Accounts [--]. Which side of a T-Account is used to record a decrease in Drawings [--]. Which side of a T-Account is used to record an increase in Service Revenue [--]. Which side of a T-Account is used to record an increase in Goodwill [--]. Which side of a T-Account is used to record an increase in Cost of Goods Sold [--]. Which side of a T-Account is used to record a decrease in Long-Term Debt How did you go Let us know your score in the comments."
YouTube Link 2024-09-09T09:23Z 1M followers, [----] engagements
"What are DEBITS & CREDITS 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this educational video we dive into the concept of debits and credits and their significance in the world of Double-Entry Bookkeeping. Debits and Credits are terms used to capture the double-sided nature of financial transactions. Every accounting entry has an opposite corresponding entry in a different account reflecting the flow of "Economic Benefit" from a source to a destination. We explore two main categories of accounts: Normal Credit Accounts and Normal Debit Accounts."
YouTube Link 2023-05-15T08:03Z 1M followers, 35K engagements
"Invoice Quiz: [--] Questions for Beginners QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you really understand invoices Lets find out. In this quiz youll answer [--] multiple-choice questions covering everything you need to know about invoices and the sales process from quotes and purchase orders through to payments and receipts. Whether youre a student bookkeeper or small business owner this is a great way to test your knowledge and sharpen your accounting"
YouTube Link 2025-12-14T23:27Z 1M followers, [---] engagements
"T-Accounts Practice Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on T-Accounts [--]. Which side of a T-Account is used to record a decrease in Inventory" [--]. Which side of a T-Account is used to record an increase in Amortization Expenses [--]. Which side of a T-Account is used to record an increase in Dividends Payable [--]. Which side of a T-Account is used to record a decrease in Sales Revenue [--]. Which side of a T-Account is used to record an increase in "Common Stock" How did you go Let me know in the comments."
YouTube Link 2025-06-23T13:04Z 1M followers, [----] engagements
"Assets: [--] True or False Quiz Questions 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Five True or False questions on Assets in Accounting. Can you get all of them right [--]. Assets are resources owned by a business that have economic value. True or False [--]. Assets are Normal Debit Accounts. They increase when debited and decrease when credited. True or False [--]. Property is an example of a Current Asset. True or False [--]. All Assets are Tangible. That means you can touch them. True or False [--]. Most Tangible Fixed Assets depreciate over time. The"
YouTube Link 2024-05-06T06:26Z 1M followers, 15.6K engagements
"Journal Entries Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Can you answer these five questions on Journal Entries Try to fill in the blanks. [--]. When a business pays a bill "Accounts Payable" is _____ [--]. If a business makes a sale on credit "Sales Revenue" is ______ [--]. If a business buys inventory with cash "Inventory" is _____ [--]. When a business receives a cash payment from a debtor "Accounts Receivable" is _____ [--]. If a business earns revenue but hasn't yet received the cash "Revenue" is ______ How did you go Share your score in the"
YouTube Link 2024-08-05T04:38Z 1M followers, 19.6K engagements
"New Accounting Cheat Sheet Bundle (2025) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop The All-in-One Accounting Cheat Sheet Bundle is back and better than ever The brand-new Second Edition is now available in full colour with updated layouts clearer explanations and built-in hyperlinks so you can learn faster and find the answers you need instantly. This time everything has been combined into one clean organised PDF guide. The contents page is fully clickable so you can jump straight to the topic youre after and each page title links directly to my"
YouTube Link 2025-08-25T00:30Z 1M followers, [----] engagements
"Accounting Equation Quiz (Part [--] of 5) Free Accounting Equation Free Cheat Sheet https://accountingstuff.com/shop How well do you really know the Accounting Equation Try to answer these questions: [--]. Which of the following sets of figures does not balance under the Accounting Equation [--]. A business sells goods for $1000 cash that originally cost $700. How does this affect the Accounting Equation Bonus Question. Which of the following is a component of the Expanded Accounting Equation 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My Website"
YouTube Link 2025-09-19T12:02Z 1M followers, [----] engagements
"Double-Entry Accounting Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Double-Entry Accounting Lets find out [--]. A business sells services worth $1000 on credit. It credits Service Revenue by $1000. What's the other entry [--]. A business pays $800 to a supplier to settle an outstanding debt. It credits Cash by $800. What is the other entry Bonus Question: Which year did Luca Pacioli publish the Summa de Arithmetica 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My"
YouTube Link 2025-11-13T23:09Z 1M followers, 12.4K engagements
"T-Accounts Quiz (Part [--] of 5) 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know T-Accounts Try to answer these three questions: [--]. A business has an opening balance of $12000 in Sales Revenue. During the month they earn $5000 in revenue and close the account. What is the closing balance of the T-Account [--]. A business has a closing balance of $9000 in Accounts Payable. During the month they purchased $4000 of goods on credit and paid out $2500 to suppliers. What was the opening balance of the T-Account Bonus Question: If Total"
YouTube Link 2025-10-24T23:01Z 1M followers, 15K engagements
"Accounting Acronyms Quiz [--] 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Here are five acronyms that every Accountant should know. Do you [--]. What does BS stand for [--]. What does COA stand for [--]. What does LIFO stand for [--]. What does NPV stand for [--]. What does SEC stand for Follow me for more Accounting Quizzes. 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book for Beginners http://geni.us/5mKR7m 🎬LEARN ACCOUNTING BASICS FOR FREE The Full Playlist"
YouTube Link 2025-08-10T23:28Z 1M followers, 13.7K engagements
"Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. After completing a Bank Reconciliation the adjusted Bank Statement and Cash Book balances should ______. [--]. The Bank Statement shows an unadjusted balance of $3000. A deposit in transit of $400 is identified. What is the adjusted bank balance Bonus Question: The unadjusted Cash Book balance is $1500. A bank fee of $60 and"
YouTube Link 2026-01-31T01:05Z 1M followers, [----] engagements
"Prepare A Cash Flow Statement Direct Method 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop Learn how to produce a Cash Flow Statement using the Direct Method with T Accounts. The episode of Accounting Basics for Beginners is part two of Direct Method Cash Flow Accounting. The first part can be found here: Cash Flow Statement Direct Method (Part 1) https://youtu.be/Xy-yDw0gsgc Cash Flow Statement Indirect Method (Part 3) https://youtu.be/8CH-6wdfz0Y In this video we use T Accounts to reproduce the Cannon's Statement of Cash Flows for all three"
YouTube Link 2018-12-04T02:51Z 1M followers, 332.7K engagements
"Quiz Time: Assets Liabilities & Equity 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know Assets Liabilities & Equity Try to classify these [--] accounts: [--]. Is Cash an Asset a Liability or an Equity account [--]. Is Accounts Payable an Asset a Liability or an Equity account [--]. Is Retained Earnings an Asset a Liability or an Equity account [--]. Is Goodwill an Asset a Liability or an Equity account [--]. Is Deferred Revenue an Asset a Liability or an Equity account Let me know how you scored in the comments. 🔴Subscribe for more Accounting"
YouTube Link 2024-05-27T10:44Z 1M followers, 16K engagements
"What is EQUITY 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop What is Equity Equity is the stuff that a business owes to its owners. If we rearrange the Accounting Equation we can see that Equity is equal to Assets minus Liabilities. Or 'Net Assets'. So Equity is the owner's claim on the Net Assets of a business. Equity sits on one side of the Balance Sheet next to Liabilities. It's made up of two things: Capital Contributions Retained Earnings 🔴Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔎FAQ My Favourite Accounting Book"
YouTube Link 2023-10-02T09:50Z 1M followers, 31.2K engagements
"An In-Depth Guide to Depreciation in Accounting 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video Ill walk you through everything you need to know about Depreciation. We'll cover the basic concept (including the Journal Entries) and these four commonly used Depreciation methods: Straight Line Depreciation Method Double-Declining Balance Method Sum of the Years Digits Method Units of Production Method Whether you're a student a small business owner or an accountant this guide has got you covered 🔴Subscribe for more Accounting Tutorials"
YouTube Link 2024-09-10T08:01Z 1M followers, 83.2K engagements
"How to use QUICKBOOKS ONLINE (2026) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada In this video I'll show you how to use the new interface of QuickBooks Online in [----]. QuickBooks Online is the number one accounting software in the United States. Its built for small to medium sized businesses by Intuit the company behind TurboTax Credit Karma and Mailchimp. And it's cloud-based which means you can access your books anywhere anytime. Prefer reading Read about how to use"
YouTube Link 2025-11-02T21:59Z 1M followers, 37.5K engagements
"The General Ledger: Quiz Time 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop How well do you know the General Ledger Try to answer these [--] true or false questions. [--]. The General Ledger is part of the Double-Entry Accounting System. [--]. The General Ledger is the main accounting record where all financial transactions are recorded. [--]. The General Ledger is divided into two sections. One for the Trial Balance and one for Adjusting Entries. [--]. Subledgers are linked to the General Ledger. They're used for detailed tracking of specific accounts. [--]. The"
YouTube Link 2024-01-29T12:30Z 1M followers, 16K engagements
"Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Which two records are compared in a Bank Reconciliation [--]. The Cash Book is prepared by ______. [--]. The Bank Statement is prepared by ______. [--]. The Bank Reconciliation is prepared by ______. [--]. What is the purpose of a Bank Reconciliation [--]. Its best practice to perform a Bank Reconciliation ______. 🔴 Subscribe for more"
YouTube Link 2026-01-27T03:29Z 1M followers, 15.4K engagements
"Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Differences between the Cash Book and the Bank Statement are explained by ______. [--]. When a transaction is matched in a Bank Reconciliation it ______. [--]. In a Bank Reconciliation matched transactions ______. [--]. What can cause differences between the Cash Book and the Bank Statement 🔴 Subscribe for more Accounting Tutorials"
YouTube Link 2026-01-27T23:43Z 1M followers, 16.1K engagements
"SUM OF THE YEAR'S DIGITS Method of Depreciation 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll learn how to use the Sum of the Year's Digits Depreciation Method in Accounting. This an accelerated variable depreciation technique. Others depreciation methods include. Straight Line Depreciation Method https://youtu.be/iruD9KTNnNc Double-Declining Balance Method https://youtu.be/M-VzJ51zZoM Sum of the Year's Digits Method https://youtu.be/Q03t8vuRMwo Units of Production Method https://youtu.be/QJk6DgML0BQ You'll find out what"
YouTube Link 2020-04-21T12:00Z 1M followers, 73.4K engagements
"Bank Reconciliation Quiz (Part [--] of 5) QuickBooks Online USA (Free Trial / Discount) https://geni.us/quickbooksonlineusa QuickBooks Online Canada (Free Trial / Discount) https://geni.us/quickbooksonlinecanada How well do you know Bank Reconciliations Lets find out. [--]. Which of the following is a common example of a timing difference [--]. An outstanding check is a check that ______. [--]. What is an omission in a Bank Reconciliation [--]. Which of the following is a common example of an omission 🔴 Subscribe for more Accounting Tutorials https://geni.us/subtothechannel 🔗OTHER RESOURCES My Website"
YouTube Link 2026-01-29T02:50Z 1M followers, 11.6K engagements
"How do Debits & Credits work in bookkeeping 📚 New Get my 2nd Edition Accounting Cheat Sheet Bundle https://accountingstuff.com/shop In this video you'll discover how Debits and Credits work in accounting. You'll also learn my number one Accounting Hack. DEALER. Debits and Credits are words that we use to reflect the double-sided nature of financial transactions. If you're new to Accounting these words can seem a little counterintuitive. But listen here. They aren't good they aren't bad. they're actually quite simple and they have everything to do with "Double-Entry Accounting". Double-Entry"
YouTube Link 2025-01-20T12:01Z 1M followers, [----] engagements
Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing