ACCOUNTING BASICS: Debits and Credits Explained

[@AccountingStuff]

In making this video, one of the terms that I found hardest to define is "Economic Benefit"... if you have any alternative definitions to the one I gave I would love to hear it :) 🔗USEFUL LINKS ▪Debits and Credits Free Quiz → accountingstuff.com/blog/debits-credits-quiz ▪Debits and Credits Cheat Sheet → accountingstuff.com/shop/debits-credits-cheat-sheet ▪Debits and Credits Practice Questions → accountingstuff.com/practice-questions/debit-credit-question-pack-1 ⏱TIMESTAMPS 00:00 - Intro 00:39 - Debit and Credit Misconceptions 00:55 - What are Debits and Credits in Accounting? 01:22 - What is Economic Benefit? 01:48 - Which Accounts are Debits or Credits? 02:35 - Is Equity a Debit or a Credit? 02:46 - The Maths behind Debits and Credits 04:09 - How to Remember Debits and Credits 04:33 - Recap

[@amytucker8335]

Another great vid! I look forward to the rest of the series

[@AccountingStuff]

Cheers Amy, working on the next one as we speak

[@bestintaste4708]

It really good. I m eagerly waiting for more videos to cover every topic.

[@AccountingStuff]

Thanks! I am working on the next one as we speak :)

[@muskandakuda7572]

The definition for "Economic Benefit" was comprehensive and easy. I guess giving an example to fully put it across would suffice. The example I can think of is as follows: Supposing I am an ice-cream manufacturing firm, I will have to buy assets like machinery and a freezer so that I could manufacture ice-cream. Other than those, I would have to buy ingredients like milk and flavours to make ice-cream, and eventually make money by selling them. Here, the components that I use give an economic benefit to the firm. The machinery and freezer contribute to the firm indirectly, and the ingredients contribute directly.

[@ClaytonDerby]

CREDIT = SOURCE DEBIT = DESTINATION That is ALL I needed to fix my confusion. Thanks!! D stands for destination (debit) and the source gets credit for their resources. that is how I will remember it. haha

[@lillybay2588]

you just saved my class grade THANK YOU

[@Fredjoe5]

It doesn't appear to be that simple. Dividends are a source, the destination being those who receive the dividends. Assets often simply don't go anywhere, so it's not clear what their "destination" is. They're more a source of wealth. And expenses go OUT of a company, so again, they're not really a destination but a source. It would be so much nicer if accountants could use terms that don't already have well defined meanings to the vast majority of the world.

[@kookie2121]

@@Fredjoe5 i know right i keep trying to understand but i also think of this 😢

[@JaveriaYousuf]

I've been studying accounting for 2 years and none of my teachers could explain it this clearly. THANK YOU James.

[@AccountingStuff]

No worries Javeria, hope it's making sense for you

[@henaramparsad9893]

True! He did an amazing job 😍

[@coolcollins585]

Javeria Yousuf ikr

[@wardasaeed3846]

CA or ACCA

[@-s2165]

2 years? this should be taught in the first lesson no?

[@robertovalle655]

WOW, I paid 60,000 in grad school getting my MBA and this is the first time I actually hear somebody explain it clearly... My business school professors could never explain it this easily

[@AccountingStuff]

Cheers Robert, hope it's making sense for you

[@ibrahimhikmat2664]

Very sad really...I can totally relate!

[@AquariusM9]

Agreed

[@Vikermajit]

True...

[@donalddarko4871]

Its because it isnt this easy. This is just a simplified version. All the context and examples is what your professors were explaining and at grad school you are supposed to be able to understand.

[@aggieterry8301]

I've been told : PEARLS Debit: Credits: Purchases Revenue Expenses Liability Asset Sales Thank you James, your films are very good and make much sense :)

[@cobra8310]

this is right but it is repeating the same thing, purchases are classified under assets . On the other hand sales is the same as revenue

[@lizjane1349]

I also got told Pearls but I don't think it's getting down to the real crux of what a Debit or Credit is or entails in quite the same way as Dealer. I think if you're capable of understanding Dealer then Pearls is a little bit vague.. or that was my feeling about it. I also got told that DR is money leaving the business and CR is money coming in, but this isn't fully accurate.. so it all feels very contradictory. I kind of think there is no escaping the higher level topics at a basic level as it all feeds into one whole, or the tree as this channel describes it

[@maromancem306]

That is applicable to Inventory under IAS 2

[@kaydee3407]

​The tree of knowledge of good and evil .. Credits and then debits Ye shall surely die of its fruits.😂😂😂 Partake of the fuits if commerce ye shall be surety to its debt

[@umatyagi9935]

​@@cobra8310 purchases are classified under expenses right , not assets

[@TheDudecof]

Einstein once said "If you can't explain it simply, you don't understand it well enough." This guy obviously gets accounting My professor on the other hand...

[@AccountingStuff]

Wise words from a wise man!

[@sapsalingpusacattalkmaykwe1556]

Agree!

[@is0latedplays453]

Meanwhile my teacher pretty much just skipped the class and divided us into a group saying there will be a coach and you will learn from them

[@diyema3434]

@@is0latedplays453 Lol.

[@tevitamoala9511]

Bro same 😭

[@himanshunathani8600]

I'm a novice in accounting, and was struggling to understand basic accounting equation. I've jumped on so many videos and references and ultimately lost all sanity. THEN I saw this video. 5.44 mins of listening and I got my sanity back. THE MOST CLEAR AND PRECISE. NO BS. AMAZING!!!!!

[@AccountingStuff]

Thanks Himanshu, it's great to hear that Debits and Credits are clicking for you. All the best :)

[@ChocolateBubbleSkater]

I'm an accounting major and these are some of the best explanations I've found. Good work

[@AccountingStuff]

Thanks John!

[@Austin-wh4yi]

what are you looking at debit/credit videos on your free time? Such an accountant thing to do.

[@LambCritical]

Can you teach me more?

[@SuperJack0208]

this is really good man!

[@hunterrange7789]

Sir how i cant contact you?

[@FeanorSociety.]

Been inn accounting for about 3 years and I feel silly because this very basic and simple stuff still gets me confused. This has helped me a lot! I appreciate the work you put into this man!

[@qwjk1]

how is accounting like? Currently in year 8 and everyones telling me to become an accountant

[@ZyxLo]

@@qwjk1as a freshmen in uni, this shi is mad confusing 😭☠️ I got an exam Wednesday and I still barley know the difference between debit and credit, lowkey thinking ab switching majors but ima still stay in accounting until I’ve tested the others ones out but ya, it’s not as easy as you think I promise you that, also there’s a certificate that you’re gonna need after u graduate so keep that in mind

[@kookie2121]

@@qwjk1 its so simple yet very confusing at the same time.

[@sasa3712]

I've been studying accounting for 4 years and non of my teachers could explain it this clearly. THANK YOU SO MUCH

[@kagithkagith]

This man proves that accounting is fun! I'm currently learning double-entry bookkeeping with a learning provider that can't explain anything properly, so these videos are a godsend!!!

[@anothersonnyday936]

Business owner here. Never cared about a balance sheet until my lender asked me for it. Always cared more about the profit and loss, and doing my own cash flow calculation in excel. The way you teach provides me a foundation. With that foundation I am able to build on top of it and understand more. Many starts teaching from the 2nd floor and wonder why we never knew the basement existed. FOUNDATION, FUNDAMENTALS, BREAKING THINGS DOWN AND THEN MATCHING IT UP TO REAL WORLD SCENARIO IS THE BEST WAY TO TEACH, and you master this sir. Thank you so much.

[@AccountingStuff]

Great to hear it's clicking for you! The basics are absolutely essential in accounting. Hope your business is going well :)

[@Smidgenism]

Just casually learning about accounting in the quarantine times (this is 4-month desperation behavior for an unemployed artist), and this concept was the first major stumbling block that made me think I wasn't cut out for it after all. Not only did the video finally get the concept to click for me, but the comment section full of proper accounting students who felt similarly has made me feel better for not getting it 😂 Thanks!!

[@AccountingStuff]

Hey there! Sorry to hear that you've been having a rough time. Good on you for learning accounting voluntarily! I hope you find it useful

[@simphiwendlovu7516]

where have you been all my life?! Finally, thanks to you I GET IT.

[@AccountingStuff]

Haha, no problem... I'm glad that it's clicked for you!

[@nala7658]

I have a unit assessment on Friday and was struggling with doing this via home learning with no one to explain. Watched this twice and think you should be writing our course manuals. Can’t thank you enough, subscribed.

[@sechubemalatji3650]

Thank you for your videos James, bless you. I'm an MBA candidate and I was doing Accounting and financial management last quarter - I got my results today and I passed my exam through using your videos and other material to practice.

[@user-ms2qp1gg2p]

Hey, I am new to accounting. Please tell us what other accounting materials helped you. Thanks

[@pyrospark4167]

Honestly this 6 minute video taught me more than my Professor has in 6 weeks.

[@Matt-ne7mu]

The editing and camera work on this video is amazing! It makes it so fun to watch!

[@AccountingStuff]

Thanks Matt!!

[@coolcollins585]

Matt Eng ikr true all others videos with actual white boards are like so boring😂

[@evelynalice7690]

Go shop with @Darkfeet7 on telegram he is the best he has been helping me with card for about three months,

[@ericalappatt5118]

I can't believe that I didn't watch your videos sooner, James. Made me understand 5 years of mind boggling concepts in 5 minutes. Keep up the good work.

[@AccountingStuff]

That's great to hear! Glad it's making sense now

[@jordanbean4706]

I am a student in my senior year majoring in finance. I have taken 4 or 5 accounting classes at this point between the 200-400 level and I have never felt like I have had a good grasp on accounting terminology. This video explains the subject in a such a simple way its mind blowing. Thank you very much for this series.

[@AccountingStuff]

Great to hear you found it useful! All the best with your studies :)

[@vanillendosimau7486]

I study in one of the best universities in Ireland and all it took was this one video for me to finally understand debits and credits....... God bless this man

[@AccountingStuff]

Great to hear it's clicking for you!

[@georgia4ie59]

I wish I found this channel when I was in grade 12!! There are some amazing points and clear definitions. I love the time splits. Keep up the great work

[@AccountingStuff]

Thanks Georgia, cheers for your support!

[@sunitadas8068]

I've always had a difficulty understanding accounting, and you've done some good work for me. Keep helping me all the time. Subscribed! 💛

[@AccountingStuff]

No worries Rumi, I'm happy to help :)

[@joelmacdonald8332]

I literally had to start writing this down as notes in my booklet, well done!!!

[@AccountingStuff]

Cheers mate! I'm glad that you're finding it helpful!

[@babyjhudiel18]

I did too!

[@MauriceArwa]

me too

[@kevinmunyon8492]

As someone who works in public accounting, these videos have been fantastic to look back to to kick the dust off the brain. Thanks for the videos!

[@larrywilson8520]

Thanks!

[@AccountingStuff]

Cheers Larry! Thank you :)

[@baueraltynbek]

As it was suggested earlier by other commentators, James should teach most of professors how to teach Accounting basics. Good job, James! May your hard and creative work only benefits everyone learning this subject and inspires you for best results! Thanks a lot!

[@HeyFutureUs6]

I was having difficulty wrapping my head around when an account should be debited or credited and this just solidified my understanding in 5 minutes. Thanks very much!

[@AccountingStuff]

Great! No worries, glad it's making sense

[@melissamarcoe1681]

This video helps me LOADS!!! I'm so grateful I stumbled upon this! I can finally feel a little more in my accounting classes! Definitely will be watching more

[@AccountingStuff]

That's great to hear! All the best with your studies

[@Max-ld6gq]

I just spent TWO FRICKEN HOURS reading a textbook that tried to explain this in the most convoluted way. And you did it simply in the span of 5 minutes and 43 seconds.

[@Elle--lc7ep]

Posting here in 2022...just wanting to say that your videos cover more and provide a better understanding than more traditional, stuffy courses I have taken in Accounting. I am making a choice to broaden my career horizons by going into Accounting (and before anyone says I am crazy, you need to check out two of his videos that actually gives very good reasons why you SHOULD pick accounting as a career - and why you should not - because hey, it isn't for everyone, but that is besides the point). Anyways, wherever you are now, hope you realized what a positive impact you're making and have made on people and continuing doing this in some capacity.

[@franceslionheart]

Hi James, I'm currently studying for two finance and accounting tests, and I just want to say thanks so much for making high quality videos! You really know how to teach all this accounting stuff!

[@AccountingStuff]

No worries, hope they go well!

[@sky_3023]

I really think your video should be played in every accounting course! So many of us seeing this video now really wished we saw it sooner when we were studying!

[@AccountingStuff]

Glad you enjoyed it! All the best with your studies :)

[@zebeast2068]

Already learned more about accounting in this video than I have my entire semester at college. Will be binging your videos to catch up for my final. Thank you!

[@usama7301]

I'm studying accounting & finance in my first year, and this video has actually helped me a lot. I've only watched it once so I haven't fully grasped it yet, but this explanation made me look at it this way: The source is x, what do you do with x? If it causes the economic benefit it's the credit. And whatever is on the other side is the debit. Again this probably isn't the best way to look at this. But I had nothing to work with. Just sheer confusion to how to distinguish a credit from a debit.

[@FaathimaKhan]

As someone learning accounting for the first time, you really made it concise and simple to understand. You have all the qualities of a brilliant teacher. Thank you and please continue making these videos!

[@jelsei]

after almost 4 months of working as a trainee accountant i FINALLY UNDERSTAND THANK YOU SO MUCH i have a really important exam on thursday for my qualification and you have singlehandedly made everything just click in my brain and its so silly but i'm tearing up because the workload of my job and studying has been immense, especially since i work nights at a fast food place for extra money so i don't have as much time as the other people in my college class and i am so so happy thank you so much

[@Anonymous-sk4jm]

I am currently an Accounting and Business Management grade 11 student here in PH. Due to the pandemic, I am on modular/self-study mode. This video helped me about debits and credits since I already have an accounting subject. Your discussion is not complex and completely easy to understand. Though your video was made 2 years ago, hence, it is very helpful to students like me. Thanks a lot😊

[@AccountingStuff]

Glad you found it useful, all the best with your studies!

[@creativecranium83]

THANK YOU!! This helped me so much. I was just told "You'll just have to memorize it, I don't know what else to tell you". I was struggling with this so much and this video saved me!

[@seddportugal2564]

You would make an awesome professor in Accounting

[@kanzenDo1]

You teach better than most college's teachers. We need better teachers. Thank you very much for the video

[@AccountingStuff]

Thanks for your kind words!

[@georgeem9867]

i studied international business management and had to accounting courses that i never understood lol. i graduated this june and i am very lost by which directions i should do my masters. i have a gap year and i decided to give accounting a try and i am going to watch all your videos. currently on the 2nd one and man you are making me love accounting. really appreciate your videos, thanks man :)

[@AccountingStuff]

It sounds like you have some big choices to make. Best of luck with it all!

[@sandimarielavati2354]

Martinez is legit and reliable Have worked with him some months back and believe me he’s one of the legit hackers he’s the best if you need help with paying off debt ,credit score fix , credit card ,bank account,phone hack, PayPal hack . Contact him on [phone] via WhatsApp Mail him on [e-mail]()

[@gutierrezabraham8920]

Such a comprehensive manner of explaining something obvious just in about minutes, we appreciate your work here!!!!!

[@KathleenKoshman]

someone has FINALLY helped me clear the fog in this whole concept! Thank you!!!

[@shukyx7203]

You are such an excellent teacher.

[@AccountingStuff]

Thanks!

[@معتصمالجهني-ظ7و]

u r a genius in explaining stuff i will recommend this channel 2 my friends

[@AccountingStuff]

Thanks mate, that would be awesome!

[@harshakumavat6266]

I am about to start AS level accounting. Honestly a lot of this seems pretty alien but it's alot clearer than some other stuff I watched. Your videos are great!

[@AccountingStuff]

Thanks, good luck in with your studies!

[@minvs]

How'd your exam go?

[@bharatgoyal3584]

You and your content is too addictive. I started your playlist to just check the content but I didn't realise when I reached 3rd video. Too good to be true must watch.

[@AccountingStuff]

Glad to hear you're enjoying these :)

[@bharatgoyal3584]

@@AccountingStuff I have a humble request to create a playlist on digital marketing as well. Pretty please.

[@TheOriginalNikkiSerenity]

I appreciate your visual so much. It never made so much sense to me and I’ve been in accounting a very long time and still struggled with these. You are a gift to all those that are visual learners.

[@bluecafe509]

Why didn't somebody just say that: "Destination" and "Source". I almost failed accounting in college because I thought credit was "given to me", and debit was "taken from me".

[@Monk3y-D-luffy--h3re]

Same with me

[@vivekseanand4510]

Same

[@YayeFall-qr3or]

Woooooooord!!!!!! Omg it took me forever to understand the concept of debits and credit

[@Fredjoe5]

The problem really is poor use of nomenclature by those involved in the financial sector. The use of Debit/Credit is primarily one outside of accounting, and they should have selected more meaningful terms to use that wouldn't obviously lead to confusion. It's made even worse by the fact that various financial disciplines use the common usage alongside the account one. It's incredibly stupid.

[@andretuazon]

I think Im in love with you. Thank you for putting effort into this. Helps a lot. Production is WOOOOW!!!

[@AccountingStuff]

No worries Andre, I'm happy to help

[@tenlongfingers70]

Me: Hey Teach are there any easy ways to remember what goes to debit or credit? Professor: Well, you just gotta memorize it. Sorry. This guy: DEALER

[@AccountingStuff]

Dealer is a winner!

[@hershfam]

during one of my lectures a slide came up with "DEALOR" on it, the teacher said " oh dont worry about that it wont be useful, we'll skip it". Now its way clearer. the source and destination explanation helped a ton

[@brittwilhoit]

I cannot thank you enough for these videos. I struggle so much to read the text book because it is so dry. These videos actually hold my attention and help me to get the information I need to get through this class. Thank you thank you thank you.

[@AccountingStuff]

Glad you're finding them useful!

[@Jamie_SE]

I wish I saw this sooner... wow! The first time it was explained in the most understandable way that I can remember on the spot, at work. In just 2 minutes in, you solved years of confusion lol. Very well put! Thank you so much! Years later and your content is still helping people. Thank you!

[@AccountingStuff]

Great to hear it's clicking for you!

[@SittinBull]

you explained this better in 5 minutes than my college class did in weeks lmao

[@treemane0]

Thank you for making such amazing content

[@AccountingStuff]

Thanks buddy!

[@trumanway3763]

🎵debit on the left, credit on the right. Debit left credit right, debit left credit right.🎵did Angelo’s learn that I’m their accounting class

[@jaaanglez9766]

the information you presented is very clear and concise and free!! thank you!

[@AccountingStuff]

Thanks for your feedback :)

[@richardpicard4824]

The tip DEALER totally helped me understand debits/credits completely. You are so awesome James. I hope your channel continues to grow.

[@AccountingStuff]

Cheers Richard, glad you found it useful!

[@ershadnadiro7293]

DEALER. You’re a champ

[@AccountingStuff]

Cheers Ershad

[@rsmohini5922]

fantastic

[@AccountingStuff]

Thanks, I'm glad you enjoyed it!

[@charliebrassey6631]

literally saved me from failing my degree. thank you

[@AccountingStuff]

No worries, hope you smash it

[@AbaDarko-x1h]

Ooh my God..!!!! I love your teaching. I was trying to find an accounting course and you were just there. So interesting 😅😊😊😊😊

[@AccountingStuff]

Great to hear you're finding these tutorials useful! Best of luck with your studies :)

[@shaheednazir]

I have an accounting exam tomorrow and out of all the other explanation videos I've watched, yours are the best. Thx for the great explanation it helped a lot :)

[@obaidabdoola1840]

i wish i knew wtf was going on

[@lckcyy]

Yes ive finally get it screw my classes i love this much more

[@AccountingStuff]

Woooo! Nice one

[@irinaandjoshuajavaheri9626]

Love this! Keeping making more.

[@AccountingStuff]

Thanks! I'm glad you liked it. I am working on the next one as we speak.

[@brucejones1962]

Someone posted this guy *@Darkjacob* on *telegram* yesterday and I tried him he is real..thank you very much for this help full information about the credit card with high balance 💯

[@hamserhead3422]

Thank you! I’ve learned more from you in the past 30 mins than from reading my accounting book for the past five weeks!! You are awesome 🎉

[@AccountingStuff]

Great to hear you're finding these useful!

[@jaegar1nine266]

Thank you sir! About to get a job in accounting/admin, needed this for refresher. You rock!

[@shubhadeepdas7191]

Sir please keep making video on accounting subject

[@AccountingStuff]

Will do! I have just put out another on T Accounts and am working on more as we speak

[@jdfuller1483]

This is straight up about to save my grade

[@AccountingStuff]

Hope it helps!

[@milbxbycol9426]

In my case, remembering DEALER is so much easier because I am Colombian

[@sk_zaid_zaidkamurdeen9317]

then u are pass

[@dbuc4671]

this made me lol

[@eTrainerBox]

Best ever Definition and Explanation of Debit and Credit, I never find a straightforward and accurate definition anywhere on google or in real life. Really appreciate.

[@bartgee6178]

This is the best explanation of debits and credits I’ve ever heard. And I’ve been perpetually confused by this stuff. Making the complex simple. Brilliant!

[@AccountingStuff]

Glad to hear it made sense :)

[@jingkim9795]

So helpful and DEALER is such a clever way to help memorize the equation. Thank you so much!

[@shubhadeepdas7191]

Sir i am from india ......

[@xXnoproblemshereXx]

About to go into a lab, pray for me brothers

[@AccountingStuff]

Best of luck!

[@jeangomez4191]

this is just a random comment but you look a lot like the football playet Thorgan Hazard lol. But great videos mate

[@AccountingStuff]

Haha, funnily enough you're not the first to say this. Wish I had his football skills!

[@Nuti1996]

James you're a legend!! The way you explain everything plus the quality of your video makes it appealing to watch it.

[@AccountingStuff]

Thanks, glad you found this explanation useful!

[@kyleduplessis01]

Have just watched about 4 of your videos. I am first year college student and am doing accounting for the first time as one of my modules. I am so behind and lost in class, and the lecturer sucks at teaching and explaining things. You have taught me so much more in the past 30min than she has in the past 3 months

[@AccountingStuff]

Great to hear you're finding these videos useful!

[@abobakralkubati5318]

In a nutshell: Debit what you get, credit what you give . debits=destination credits=source

[@brucejones1962]

Someone posted this guy *@Darkjacob* on *telegram* yesterday and I tried him he is real..thank you very much for this help full information about the credit card with high balance 💯

[@Angelica-pu3dq]

Im still so confused, ugh!

[@evelynalice7690]

@Darkfeet7 on telegram is a real vendor I can’t believe my eyes that man too real Go on his telegram He sell credit card with high balance💯

[@Angelica-pu3dq]

@@evelynalice7690 ?

[@giovannibloom6433]

What are you confused about exactly?

[@rayaneben3954]

Just one word : incredible. You are super hero of Finance field

[@AccountingStuff]

Thanks :)

[@angelofamillionyears4599]

Good point about the coin sides.

[@AccountingStuff]

There are two sides to everything!

[@QTSKisaAdderley]

I have been studying accounting for years and it was your videos that help me most!

[@karyncrocker4128]

I learned more in that 5 mins than I did in my entire Bookeeping course! Thank you!!

[@cactusgirl6819]

You will never know how much easier you made my life with this video😭❤️ Thanks to you I finally understand why revenues are recorded as credit and expenses are recorded as debits. Earned a subscribe for that!

[@just-simplymarvelous]

You have the gift of making this stuff interesting. Thank you.

[@francedeguzman510]

The source and destination explanation really helped a lot! I'm on my second Accounting class and I still couldn't fully grasp the difference until this video. Thanks, James!

[@AccountingStuff]

Great to hear it's making sense! All the best with your studies :)

[@princyyadav3754]

The way you explain everything is so fine for non commerce students . There's are no need to watched another video . thank you so much sir...

[@jaicarey7023]

Far out, the destination and source explanation is exceptional. I am in the middle of Accounting 100 here in Sydney, and I already understand how all of this works.. But the tutors and lecturers explained the debit and credit terms with a 'this is just the way it is, just remember it'. Your analogy so much better! Thank you mate!!!

[@nzajijanota7105]

This one is the best breakdown I have seen that works for me because it makes much more sense than any lesson I have had so far. Thanks a lot for this explanation.

[@AccountingStuff]

Glad you enjoyed it! I've made a newer version of this which you can find here: kzbin.info/www/bejne/o3vJkp-YnL6qsKs

[@tevitatalanoa9880]

Really loved how you broke this down... (Owners equity = Equity - dividends + retained earnings) and then (Retained earnings = Revenue - expenses) which can also refer to as profit.. really makes sense.. thank you for that!!!

[@AccountingStuff]

No worries, glad it's making sense :)

[@michaeloconnor1164]

Hey James you're great! I'm taking Florida Business and Finance exam to be able to get a trade license . You're keeping my attention and you're really good at changing it up to keep me focused. I have to study all kinds of things financial. Thank you sooo much!

[@AccountingStuff]

Thanks Michael! All the best :)

[@100gigu]

Crystal clear refresher of basic principles. Smashing that like.

[@chandanakv2684]

Oh my god ! I am glad my mentor suggested your videos. I had to do so many scrolls to put a comment . But it's totally worth it. Thankyou for making it so simple n easy.

[@mehoonnupur]

Simple, easy and spot on!! Got so confused earlier.. DEALER will be retained forever!! Take a bow! I just solved the questions I was sitting with for 30 minutes! Thanks to this video

[@chefmayi70]

Currently doing an online course and you explaining that Debits and Credits is more like Head and Tails rather than good or bad makes my life so much better. Thank you.

[@AccountingStuff]

Glad it's making sense! Best of luck in your course

[@liil_genius]

5years later & this is still the best video there is on the "Accounting Equation".

[@AccountingStuff]

Great to hear it's still useful :)

[@funwithtuni]

I'm a commerce student studying in grade 11, but I lacked clarity on the concepts of debit and credit.. Thank you so much for clearing my doubts and misassumptions! I'd definitely like, subscribe & recommend your videos. Your doing great and keep it up!

[@AccountingStuff]

Great to hear it's clicking for you :)