Your 10 minute free videos teach me more than my thousand dollar 3 hour lectures at university does , wouldn’t have passed my last exam without these!
@CPAStrengthPassion5 жыл бұрын
I'm glad that I am helping you learn. It makes me feel great.
@drippinwet7746 жыл бұрын
D C ADE LER
@LA-wx5ib7 жыл бұрын
I saw the whole 41 videos till right now, I can't explain how much this has helped me learning new stuff. I'm aiming to be an entrepreneur and i want to able to most of the basics by myself and your videos are helping me learn how to sort things and know where every item should be/go. I stopped taking notes at the 35th video because I decided to just watch and learn for now then read a book and come back to your channel for some help with the over all thought on the topic. And honestly you're such a great teacher and every time you say something about things being out of order I just keep on wanting to say: better late than never. and as long that you make the video people have the ability to view things in the order they like. Thank you again for these amazing videos and I have shared them with some friends to watch and recommend to others.
@CPAStrengthPassion7 жыл бұрын
+L A thank you for your thoughtful comment. I means a lot to me. Gives me energy for more videos. Good luck 🍀 with your future endeavors.
@KD-Lonely_vibez3 жыл бұрын
I just wanted to say thank you for helping me out in my life
@CPAStrengthPassion3 жыл бұрын
You are so welcome. Glad I could help people out
@topramen43304 жыл бұрын
this is CH4 the hardest so far in my Financial Accounting class omg life saverrr
@CPAStrengthPassion4 жыл бұрын
Aye, glad I could be here for you
@xiaoruiwei48414 жыл бұрын
Thank you, the strongest CPA in Florida!! My university accounting teacher teaching too fast. You saved me!!
@CPAStrengthPassion4 жыл бұрын
You are welcome. Some who appreciates my slow pace
@LuisMartinez-vf4lb5 жыл бұрын
Thank you, reading my accounting book then going over the video series to strengthen the concept. BOMB!!!😁
@CPAStrengthPassion5 жыл бұрын
Yo - that is a great combo for success
@candyfromtexas68555 жыл бұрын
I took a job as a Full Charge Bookkeeper with the understanding that I would be trained. But I am having to train myself because the owners don't have a clue how to keep books or what they are actually doing sales & cost wise. You are my teacher and you are amazing! YOU make ME look smart AND capable! Thank you so much for all you do for us! Yo yo yo! CPA STRENGTH FOREVAH!
@CPAStrengthPassion5 жыл бұрын
Thank you so much. It makes me feel great to hear that i am helping people out
@shaynamarie30364 жыл бұрын
Call me the socket, I'm the plug's plug :'D
@simpleessay38553 жыл бұрын
Literally just rewatched this soundless for the fifth time tonight...you're doing good CPA
@tammystephenson62193 жыл бұрын
You are a gift sent from heaven. Thank you for doing these videos, I was ready to change my major before I found you😘
@aldebaran_6 жыл бұрын
8:04 "Buy 1, sell 1... Eee" I love that part!
@CPAStrengthPassion6 жыл бұрын
hahah, i just watched that. I do not fully understand what is wrong with me
@thepillowshow82272 жыл бұрын
You have no idea how good you are Sir Mr CPA , thankyou so much, love from Pakistan ❤️🙂
@CPAStrengthPassion2 жыл бұрын
Thank you so much. It means a lot to me that I can have such a positive impact upon people all over the world 🌎
@9tukayden850 Жыл бұрын
watching so many of your videos literally the night before my midterm and they have helped me understand everything i thought was rocket since, if it wasn’t for your account i think i would’ve been screwed for tmr
@CPAStrengthPassion Жыл бұрын
You got this Bo$$ !! I love reading in comments how i helped people out
@danicaquinto13247 жыл бұрын
dcadeler. Nice. You're a very great teacher. 41 videos is a lot but I had fun. It's a great way to review those accounting lessons. Thanks a lot. More powers.
@CPAStrengthPassion7 жыл бұрын
OMG, you watched all 41. Get yourself a mental evaluation to see if my crazy rubbed off !!!! Thank you for your support, i'm glad you learned and had some entertainment along the way.
@kBabooda4 жыл бұрын
Man, you are entertaining and educational. CPA LETS GOOOOO! :D
@CPAStrengthPassion4 жыл бұрын
Aye. Let’s goooooooo
@juliesageau20925 жыл бұрын
You are AWESOME and thanks for helping me getting my degree !!!!
@CPAStrengthPassion5 жыл бұрын
you are welcome, glad i could help
@yingmak96015 жыл бұрын
Good Job, I love your passion and energy. Please keep it up and upload more intermediate accounting video
@CPAStrengthPassion5 жыл бұрын
Thank you, and I will be making more videos.
@bigc1625 ай бұрын
your the goat
@rainahshirindzi18877 жыл бұрын
thank you for all the videos, I am a studying Bookkeeping as distance leaner your videos are very helpful. thank you
@CPAStrengthPassion7 жыл бұрын
You are very welcome. I have got so much in return from putting myself out there on the internet. Makes me happy to help out learning.
@JessicaAsgra-vc2cc8 ай бұрын
Sir can u pls make a vid about correcting entries? 🙏🙏
@ShineDawg7 жыл бұрын
thanks for the video, I always had trouble with inventory, you make accounting so easy and sooo much fun!!!
@CPAStrengthPassion7 жыл бұрын
Thank you for your continued support. It is appreciated.
@compuace7 жыл бұрын
I have to admit that I did not find this easy as your other videos. I hope it becomes clearer when watching your next video. Thank you for taking time out to do this
@CPAStrengthPassion7 жыл бұрын
+haji majid some subjects are harder then others for me to teach
@Bboystevensb2 жыл бұрын
Are you going to be uploading more videos?
@CPAStrengthPassion2 жыл бұрын
Yes, after tax season
@AseekingTruth7 жыл бұрын
Thanks for the video. :) Your videos always help me understand things a little better than I did before.
@CPAStrengthPassion7 жыл бұрын
Nice, I'm glad to help out. Thanks for your support. Yup, learn a little bit at a time Consistently and you will eventually know a lot.
@michaelswensen46676 жыл бұрын
Thank you, Sir ! I am able to write my discussion post, you helped me understand it
@CPAStrengthPassion6 жыл бұрын
Glad to help
@orgwasm5 жыл бұрын
THANK UUUUUUUUU
@CPAStrengthPassion5 жыл бұрын
You are welcome
@emilycrenshaw20166 жыл бұрын
Thank you for doing this. I have been struggling with Accounting. Now I feel like I get it.
@CPAStrengthPassion6 жыл бұрын
Your welcome. I have found a passion for me. Which teaching. So glad I could help
@anushas19017 жыл бұрын
Great video. Thank you for your time and effort to educate us. Always like your cool way of teaching. Yo Yo Yo 💪👍✌
@CPAStrengthPassion7 жыл бұрын
+Anusha s thank you for your support.
@johngerardpimentel37835 жыл бұрын
which accounts between cost of goods sold and income summary would appear on a worksheet for a merchandising entity that uses the perpetual inventory system?
@pindropraw6 жыл бұрын
Learning and laughing at the same time. You're a fucking genius man lol
@samtheham1280 Жыл бұрын
Me when he took off his hat and had a full head of hair: 😳😳 (Idk I thought you were bald but I love the hair it looks so fluffy)😭
@CPAStrengthPassion Жыл бұрын
Fluffy hair FTW
@clint02195 жыл бұрын
Thank you 🙏🏾🙏🏾🙏🏾
@CPAStrengthPassion5 жыл бұрын
Welcome
@hulisaniphalanndwa27265 жыл бұрын
ThNk u ..am in south africa u ve helped me a lot
@CPAStrengthPassion5 жыл бұрын
Glad i could help you out
@nicholasls22046 жыл бұрын
when you get a chance can you make a video on multistep income statement and computing the cost of goods thanks man
@Brunohoopz2 жыл бұрын
Accounting Plug 🔌
@CPAStrengthPassion2 жыл бұрын
The plugs plug. Dey call me the socket
@jh2765 жыл бұрын
question, please. when you purchased the item, JE was DR: INV CR: CASH? When you sold it, JE was DR: CASH CR: REV. DR: EXPENSE CR: INV? So at the end after you cancel each others out, it's DR: EXP (COGS) CR: REV??? that seems odd...
@genocolombo5 жыл бұрын
uhm im kinda confused cause my teacher in accounting says when your the buyer and you purchase inventory you DR:INV and CR:CASH but if your the seller you DR:CASH and CR:SALES REV. then you do DR:COGS and CR:INV
@fred519907 жыл бұрын
thanks for the video!
@CPAStrengthPassion7 жыл бұрын
Of course. I love making these videos.
@sheliasmith98207 жыл бұрын
hey I'd I'm back! family member has cancer and needed emergency surgery. your videos are still very informative and lately a great distraction.
@CPAStrengthPassion7 жыл бұрын
Sorry to hear about family. I hope everything works out. To be able to be a distraction during a stressful time makes me feel happy.
@checkdown37747 жыл бұрын
If I'm training to be an accountant should I master booking keeping first, or just jump right into double entry accounting books?
@CPAStrengthPassion7 жыл бұрын
+Joe Blow to me bookkeeping is a bunch of journal entries made of from double entry accounting. So they are kind of the same.
@SS-xk2wx7 жыл бұрын
So I think I understand this but in the perpetual inventory it says cash $1,000 and sales $1,000. Under purchase you have inventory $500 and cash $500. The inventory money goes to sales? I'm just slightly confused because you use the same amount of cash in each "slot"..I guess I would call it
@CPAStrengthPassion7 жыл бұрын
+Sarah Sparks I felt there is something off with this video when I made this video. I'm gonna have to rewatch it. I'm sorry 😐 inventory wasn't my best subject and I might have messed up.
@annat42085 жыл бұрын
I am emailing you I need little more on periodic inventory method! it's 10:57pm so you are probably finishing dinner. S...T...A...Y A.....W..A.K...E A-Okay:)
@CPAStrengthPassion5 жыл бұрын
I will do some videos on periodic method
@ThepurrrBlog6 жыл бұрын
I'm lost. Why is inventory a credit?
@michaelswensen46676 жыл бұрын
hey there! I am in Accounting 213 and have just started the Perpetual vs Periodic Inventory. Inventory is an asset account when you sell inventory, its a liability which is on the credit side. Hope this helped
@ThepurrrBlog6 жыл бұрын
Thank you so much Michael
@Daniel.Hernandex7 жыл бұрын
your so cool
@CPAStrengthPassion7 жыл бұрын
+Daniel Hernandez I dunno. I'm just me
@marielkorko14277 жыл бұрын
Thanks for the video !!
@CPAStrengthPassion7 жыл бұрын
+Mariel Korko your welcome
@annashaw1007 жыл бұрын
Hi JD! Sorry, I got stuck on what the Perpetual Debit Cost of Goods Sold was - is it a Debit Asset or it sounded like you said it was a Debit Expense? Isn't an Expense "money spent in hopes of making money for your business"? Confusing... Thanks!
@CPAStrengthPassion7 жыл бұрын
I did a poor job of explaining what Cost of Goods Sold was. The second journal entry with perpetual Inventory always confused me, so it's harder for me to try and teach. COGS is an Expense. Lets say you sold a Widget for $50 and that Widget cost $20 / The cost of the Good that i sold was $20-COGS, that will be our Expense because we spent $20 in hopes of making more $$, which we did when we sold a Widget for $50 Hopefully that helps.
@annashaw1007 жыл бұрын
Hi again JD! It took me a couple of days to mull this one over... :-) What I came up with is that it needs to be an Expense to reflect the sell in the Income Statement? Am I on the right track? Also, would it be the same if you had to sell another Asset, for example a Property? Would the second Journal Entry be Credit Asset Property and Debit Expense Something? Sorry, I'm clearly not a professional!!! Thanks for all the time and effort you put in, you are super good at explaining stuff! :-)
@CPAStrengthPassion7 жыл бұрын
Hi, you are on the right track with your thinking. Yes if sold another Asset, say a property, the 2nd Journal Entry would be Credit Asset- Property. Because you would be keeping up with the inventory per transaction. You would reduce the sold asset by crediting it. Please don't be sorry for trying to learn. It helps me teach, because i promise you. What you are having problems with, thousands of other people are too. Thank you for your continued support of my channel !!!
@meljcollins7 жыл бұрын
Yes. Cost of Goods Sold is messing me up as well. I understand what it is and why it's needed, but when I think of "costs," I think "But we already paid for it, so why are we recording it as an expense only after we sell it?" Bringing inventory in is interrupting my way of thinking, but I think for now, as long as I remember the cost of the item goes to Inventory when we purchase it, then gets transferred to Cost of Goods Sold (as an expense?) when we sell it, the rest will fall into place later. Possibly lol!
@matthewbryson64236 жыл бұрын
hahahahahaha $750 player .. so good
@CPAStrengthPassion6 жыл бұрын
Lit
@GSAlpha077 жыл бұрын
god bless u, can u check out my new video, u make a relly good video