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@jocelynnelson
@jocelynnelson Ай бұрын
I've been trying to wrap my head around this for so long and I'm so glad I found your video! You break it down in a way that actually makes sense. Thank you!
@FezileDhludhlu
@FezileDhludhlu Ай бұрын
Thank you very much tomorrow I'm writing and I changed subjects last term thank yu 🥺
@pdvpandi
@pdvpandi 3 ай бұрын
Nicely done man… logic
@seunakanji1698
@seunakanji1698 4 ай бұрын
Nicely done!!
@norz172steel5
@norz172steel5 5 ай бұрын
Thanks
@MrAB-pp5tt
@MrAB-pp5tt 5 ай бұрын
Thank you sir explained in detailed way, please make a video on provisions eg. Bad debts and depreciation..
@nareshbandaru4943
@nareshbandaru4943 5 ай бұрын
You are really really really great sir..plz make more videos
@priyankasatope9608
@priyankasatope9608 6 ай бұрын
You are very good sir thank you 🙏🏻🙏🏻 love from india
@bendy2596
@bendy2596 6 ай бұрын
Very well explain along with great example.🤩 Especially the savings/investment section. 🤩 This is very helpfull.🤩 Thank you.🤩🤩🤩🤩
@MYTHOMINHTRAN
@MYTHOMINHTRAN 6 ай бұрын
I will not need my Prof. in the college any more! Appreciate very much your work, Sir.
@shreyasnadig6147
@shreyasnadig6147 8 ай бұрын
When will part 9 be uploaded ?
@abiia9796
@abiia9796 9 ай бұрын
Easy to understand. Thanks for this Vedio.
@cutiepiemirha
@cutiepiemirha 9 ай бұрын
Great job, can you upload accounting topics such as Bank recon detailed, financial modelling detail plus excel working, ur way of explaining is just super easy
@elenapastore5663
@elenapastore5663 9 ай бұрын
Joe has helped me a lot in preparing for my economics finals he is the best and explains everything very clear, the videos really did help me a lot thanks for everything!
@hamoodhassan
@hamoodhassan 9 ай бұрын
Sir, your contant is good but please speak just little loud
@joefessor
@joefessor 9 ай бұрын
Ok, thank you for your feeback! I'll ensure that the content is a bit more audible from the next video!
@jadeharris4356
@jadeharris4356 10 ай бұрын
love that you included both perspectives. Thank you so much!
@swatimishra706
@swatimishra706 11 ай бұрын
Sir When are the rest of the videos coming out?
@joefessor
@joefessor 9 ай бұрын
The Liabilities video is out! I'm working on the later ones! Hopefully they'll be out soon!
@vikaskaduskar
@vikaskaduskar 11 ай бұрын
that is quiet an incredible simple way of explaining the fundamentals of financial statements. thanks a ton
@cpinvedtmentsinc
@cpinvedtmentsinc Жыл бұрын
Great Class!!!
@cpinvedtmentsinc
@cpinvedtmentsinc Жыл бұрын
Hi Professor Joe, excellent classes. ( On minute 21. The the Net Acc, receivable it should be 150, to balance out) Best Regards
@joefessor
@joefessor Жыл бұрын
Yes, the net A/R is 140... adding cash of 10 to that, you get 150 as total assets.... It's not an error, I just didn't show the total assets .....
@normacocks6749
@normacocks6749 Жыл бұрын
Could you ✅ investment Activities there's something wrong🤔
@munasalim1494
@munasalim1494 Жыл бұрын
Why in Accurred expenses it becomes different in borrowing
@SanjaySakote
@SanjaySakote Жыл бұрын
The way you have explained is superb
@surajsingh-zm2zt
@surajsingh-zm2zt Жыл бұрын
Very helpful video thank you ☺️
@vivianakech4258
@vivianakech4258 Жыл бұрын
thank you so much.
@roseisabelll9588
@roseisabelll9588 Жыл бұрын
THANK YOU. I understand this way better now. I've understood everything in my accounting class until bonds. I don't have to say that anymore. I get it now!
@Jahan11345
@Jahan11345 Жыл бұрын
Sir, 21:39 on B/s Assets side writing 140 instead of 150
@joefessor
@joefessor Жыл бұрын
Yes, the net A/R is 140... adding cash of 10 to that, you get 150 as total assets.... It's not an error, I just didn't show the total assets .....
@srinivasshetty1993
@srinivasshetty1993 Жыл бұрын
Hi Sir, Kindly do rest of the parts until 12
@jamespaul4618
@jamespaul4618 Жыл бұрын
thank you so much for sharing your knowledge about bond prices with me. In particular your use of the xls and a formula when discussing premium and discount was very useful. I liked how you showed the change in bond value as interest rates go up. 123 .
@pratibhap7295
@pratibhap7295 Жыл бұрын
Hi sir when employee left the job and salary compression we received so that time what entry should be passed in books of accounts please suggest me
@amelie.p2n2l
@amelie.p2n2l Жыл бұрын
Thank you! this is very clear :)
@venkatraobiradar1503
@venkatraobiradar1503 Жыл бұрын
Hello Sir nice information Can you share the noted as well
@azeezshaik9770
@azeezshaik9770 Жыл бұрын
So clear. Thanks for the video❤
@vyshaksnath
@vyshaksnath Жыл бұрын
can LP be used to find the most profitable crude oil distilation mix.
@joefessor
@joefessor Жыл бұрын
I don't see a reason why you can't use LP...
@atakulaharsha
@atakulaharsha Жыл бұрын
Hey Joe, You are really going great!! Videos are easy to learn. Waiting for Part 3
@joefessor
@joefessor Жыл бұрын
Part 3 should be out by the time you read this! :)
@nikkieh.6418
@nikkieh.6418 Жыл бұрын
Thank you I've learned so much ❤❤
@kiranshetty8889
@kiranshetty8889 Жыл бұрын
Explained very well 💯
@mahmoudalshami1557
@mahmoudalshami1557 Жыл бұрын
Can I ask you please ?
@mahmoudalshami1557
@mahmoudalshami1557 Жыл бұрын
U r lifesaver ❤❤❤
@harshadadik1853
@harshadadik1853 Жыл бұрын
Very well explained, Thank you
@joefessor
@joefessor Жыл бұрын
Glad it was helpful!
@Realityoflofe
@Realityoflofe Жыл бұрын
Please make more video like this one
@Realityoflofe
@Realityoflofe Жыл бұрын
Amazing and meaning full video
@joefessor
@joefessor Жыл бұрын
Glad you liked it!
@mahmoudalshami1557
@mahmoudalshami1557 Жыл бұрын
​@@joefessor Greeting from Yemen
@mahmoudalshami1557
@mahmoudalshami1557 Жыл бұрын
Wow great content ❤❤❤
@OyJaPinoy
@OyJaPinoy Жыл бұрын
...ok
@noviesolinavie6636
@noviesolinavie6636 Жыл бұрын
what a great professor , you are better than my prof, next week is our exam and i still don't get it. but now its all fine thank u sir
@andululu6964
@andululu6964 Жыл бұрын
Very clever explanation, putting all examples in one sheet.
@lillyflower7501
@lillyflower7501 Жыл бұрын
Thank you so much for this well displayed example. May I confirm that the reason you debited expenses rather than logging it as an asset was because the product was under the $2,500 threshold?
@joefessor
@joefessor Жыл бұрын
There are several reasons for why this could be the case - if the benefits of what you spend are short-lived, then they are expensed....on the contrary, if the benefits are long-lived, then you can capitalize them as an asset and depreciate it over time... Further, in line with your comment, if the amount spent is insignificant, expensing it is the way to go (think of a $10 pair of scissors - just expense it even if you'll probably use it for several years)!
@lillyflower7501
@lillyflower7501 Жыл бұрын
@@joefessor Awesome. I understand now. Thank you so much!
@syedacreationmenhdidesign6819
@syedacreationmenhdidesign6819 Жыл бұрын
Thank you Sir your way of explaining is awesome i really searching this type of video so long. This video cleared my all doubts. Thank you so much 🥰
@quigglychildree5495
@quigglychildree5495 Жыл бұрын
"Promosm" 😪
@ebukskov
@ebukskov Жыл бұрын
Hi Prof. It was nice having you teach us at the Nigerian University of Technology and Management ❤️