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Bank Reconciliation

  Рет қаралды 408,496

Brandy Dudas

Brandy Dudas

Күн бұрын

Пікірлер: 179
@blahblah8372
@blahblah8372 4 жыл бұрын
at my university, accounting is a weed-out course and your videos is what's getting me and others through it. our professor isn't the best at explaining things and you can take a 1 hour lecture and condense it to under 15 mins. you are the absolute best!
@AndrewJDJepson
@AndrewJDJepson 6 жыл бұрын
Best Bank Reconciliation video I've seen out there. Great work :)
@NeebsMarie
@NeebsMarie 4 жыл бұрын
I wish my professor taught like you 🥺, you’re amazing. Thank you. The textbook does not help but now I feel like a reconciliation queen
@TrencheeDat
@TrencheeDat 6 жыл бұрын
*hand clap* and that's how you do it. Straight to the point. It was very clear explained it well. Ready for my exam. Thank you!!!
@mlungiselelingcago3439
@mlungiselelingcago3439 6 жыл бұрын
Today I missed my accounting lecture and it was the new Study Unit BRS, this tutorial helped a lot cause I'm confident that I'll ace the homework given in class.
@celiwengobese2040
@celiwengobese2040 4 жыл бұрын
Every semester I use this video with my Saudi students who speak English as a second language and they always take really well to it. Thank you.
@Missfoxxiiivine
@Missfoxxiiivine 4 жыл бұрын
best video!!! thank you. I love the fact that you started from beginning to end with journal entries
@brynnmatthews1730
@brynnmatthews1730 2 жыл бұрын
Yesss!!! I was so stumped on my homework and somehow turned it into rocket science. Watched your video here and found my balance-Thank you!
@BrandyDudas
@BrandyDudas 2 жыл бұрын
Yay! Happy it helped!
@mayaalkan3748
@mayaalkan3748 6 жыл бұрын
THE most comprehensible explanation EVER on bank reconciliation among youtube videos. greatly appriciate your time. thank you
@kabildhillon
@kabildhillon 4 жыл бұрын
Learnt more here in 12 minutes than what was taught in a 1.5hr lecture. You are a champion!!! Thank you soooo much Brandy :)
@pointer428
@pointer428 5 жыл бұрын
I LOVE YOU BRANDY😘😚 YOU REALLY HELPFUL! Writing in less than 3 hours and you've just relieved me🙄😬
@cameronhammett4588
@cameronhammett4588 5 жыл бұрын
Awesome, I start my first Staff Accounting job tomorrow and really needed this to brush up on cash/ bank reconciliations!!!
@TheLysila
@TheLysila 3 жыл бұрын
Flip it makes so much sense. That part was always where I got confused.
@ronaldhoe9737
@ronaldhoe9737 5 жыл бұрын
This presentation was very helpful. Explaining the purpose, guidelines, and setting up a template for reconciliation. How to prepare the journal entries were an added bonus.
@farahhawani5530
@farahhawani5530 4 жыл бұрын
wow u made it so easy to understand! thank you
@nevewilliamson
@nevewilliamson 5 жыл бұрын
This video is soooo detailed. Excellent job!
@yaumichelle7162
@yaumichelle7162 2 жыл бұрын
It is very clear and easy to understand. Thank you so much.
@GEE-SHOCK
@GEE-SHOCK 5 жыл бұрын
Superb video with ultra clear explanation! I’m about to train a school leaver for work experience at our firm and this has definitely helped with my preparation !
@nadiyakaralash7878
@nadiyakaralash7878 4 жыл бұрын
Thanks so much for the wonderful video! Very well made.
@juanmarquez7090
@juanmarquez7090 6 жыл бұрын
This was a solid presentation! It was extremely helpful and simplified. Thank you!
@dsimmons6832
@dsimmons6832 6 жыл бұрын
You were very thorough. All bases were covered. Thank you for the refresher course :-)
@chukwusomenekwechi6228
@chukwusomenekwechi6228 6 жыл бұрын
Saved me the night before a big term exam! Very detailed, yet concise.
@RiTCHd3ViL
@RiTCHd3ViL 4 жыл бұрын
Excellent video! I'm an accountant and still like to come review old accounting videos. Great explanation :)
@myanhnguyen2580
@myanhnguyen2580 5 жыл бұрын
you're my favorite person! this video is beyond helpful and covers everything i need to know for my quiz! thank you
@BrandyDudas
@BrandyDudas 5 жыл бұрын
And you are my favorite person for that comment! I hope you did well on your quiz!
@antonedits_mov
@antonedits_mov 4 жыл бұрын
best bankrecon video
@capriqueen3431
@capriqueen3431 6 жыл бұрын
Am starting this topic for class and I never thought it was so simple
@memyselfandi7782
@memyselfandi7782 4 жыл бұрын
Hello, I was wondering if you would be willing to do a video on the AVCO method.
@roykibet6038
@roykibet6038 6 жыл бұрын
One of the best accounting videos on youtube...keep it up.
@T.J1308
@T.J1308 4 жыл бұрын
I actually understood your version, thank you!
@BrandyDudas
@BrandyDudas 4 жыл бұрын
Yay! I’m so glad it helped!!
@knowledgeispower5470
@knowledgeispower5470 4 жыл бұрын
You express nicelly i like it and i learned .
@alex-3231
@alex-3231 5 жыл бұрын
Thank you very much for your explanation. Very simple and straight to the point. Appreciate it keep up the good work 😊
@mjeedq7074
@mjeedq7074 3 жыл бұрын
You made this so easy to understand. Thank you
@curiouscollectiblesAU
@curiouscollectiblesAU 6 жыл бұрын
"flip it!" We sound like chefs now.
@BANHMIZON
@BANHMIZON 6 жыл бұрын
I like your presentation and teaching style. Thank you. This helped me solidify my learning.
@wilda5132
@wilda5132 5 жыл бұрын
never thought bank reconciliation would be this easy. Thankyou for this video!
@azilefirst9866
@azilefirst9866 5 жыл бұрын
Thank you,for teaching me your ways of doing this and hopeful the is still more coming because I'm subscribing.
@flordelizajumao-as6372
@flordelizajumao-as6372 5 жыл бұрын
Wow, I easily understant bank reconciliation now that I watched this video. Thank you so much.
@leroyphillips2804
@leroyphillips2804 5 жыл бұрын
Best Bank Recon on the web! Awesome and thank you
@BrandyDudas
@BrandyDudas 4 жыл бұрын
Are you an accounting student or an entrepreneur?! Tell me in the comments!
@amankhalfan4798
@amankhalfan4798 3 жыл бұрын
Sorry madam how did you 4475$?
@kuteesamackpuwera.8229
@kuteesamackpuwera.8229 5 жыл бұрын
FOR REAL THESE ARE SO INTERESTING AND INSPIRATIONAL!!!!!!
@pannpat7489
@pannpat7489 4 жыл бұрын
Thanks for sharing the knowledge, very clear and easy to understand!
@anaavina4214
@anaavina4214 5 жыл бұрын
Great video! so clear, thanks
@Eduardojmp
@Eduardojmp 6 жыл бұрын
was really good and clear, love the journal entries, just simple the explanation
@trevorconyers8023
@trevorconyers8023 3 жыл бұрын
amazing video, thanks Brandy!!!!
@michaelsyates
@michaelsyates 4 жыл бұрын
This video was a lifesaver. Thank you Brandy! : )
@BrandyDudas
@BrandyDudas 4 жыл бұрын
You are welcome! I never imagined that so many people would watch this when I uploaded it :)
@emmali3796
@emmali3796 4 жыл бұрын
Superb! Clear and concise! Thank you so much!
@beatricejoseph167
@beatricejoseph167 4 жыл бұрын
Enx alot brandy may gad b wid yhew dear much love to you and your lesson it is amaizing and dope mehn sharap to wewew3eee 😍😍❤❤👌😍
@claudiacrowster4904
@claudiacrowster4904 5 ай бұрын
Hi there do you have a video on how to process receipts and payments???
@Youngmessi01
@Youngmessi01 5 жыл бұрын
This is the best bank reconciliation lecture. The rest are very confusing.
@sherissadixon546
@sherissadixon546 3 жыл бұрын
The best bank Reconciliation video. Thank for sharing!!!
@Cudder959
@Cudder959 5 жыл бұрын
please make a video for every topic in every accounting course just like this thanks
@teshomee.e.7221
@teshomee.e.7221 4 жыл бұрын
I face difficulties to adjust this statement: 1. September 30, 2018 bank statement ABC company balance amounted birr 14,130 whereas cash book showed a balance of Birr 47,890. The accountant investigated the matter, and discovered the following discrepancies. a. Bank charges of Birr 60 had not been entered in the cash book b. Cheque drawn by ABC Company and totaling birr 4,500 had not yet been presented to the bank c. ABC Company had not entered receipts of Birr 5,300 in cash book d. The bank had not credited ABC company with receipts of Birr 1,970 paid into the bank on 30 September 2016 e. Standing order payments amounting to Birr 1,240 had not been entered in the cash book. f. ABC Company had entered a payment of birr 560 in cash book as Birr 650 g. A cheque received for Birr 3,000 from a debtor had been returned by the bank marked “refer to drawer”, but this had not been written back in the cash book h. ABC Company had brought down his opening cash book balance of Birr 6,585 as a debit balance instead of as a credit balance i. An old cheque payment amounting to birr 8,800 had been written back in the cash book, but the bank had already honored it. j. Some of ABC Company partner had transferred unused cash directly to ABC Company bank to settle their advance by direct debit. Unfortunately, the bank had credited some direct debits amounting to birr 16,650 to another customer’s account Required: i. Prepare a statement showing ABC Company’s adjusted cash book balance as at 30 September 2019 Prepare a bank reconciliation statement as at 30, September 2016
@breh9243
@breh9243 5 жыл бұрын
Watched this before my exam. Thank you so much
@Chris-fe1kx
@Chris-fe1kx 5 жыл бұрын
Thank you so much! I have my accounting final tomorrow and this helped a ton! Subscribed :)
@TheMallowberry
@TheMallowberry 5 жыл бұрын
Thank you so much! I learned a lot and I'm so grateful that I found your video :D
@briannaonyschuk4946
@briannaonyschuk4946 4 жыл бұрын
Super Helpful! Thank You
@tewodroseworku6051
@tewodroseworku6051 2 жыл бұрын
Thank you that was very helpful.
@kangseulgom4904
@kangseulgom4904 5 жыл бұрын
Excuse me but what are the things to be included in computing for the balance of cash account, the cash balance per ledger, cash balance per bank statement, and amount of cash to be reported?
@Dweadpiwate2468
@Dweadpiwate2468 4 жыл бұрын
101-er here : D Great video!! Completely comprehensible, thank you!
@lilong5202
@lilong5202 6 жыл бұрын
Very helpful video! Your explanation made it easy to understand.
@arianemabborang8732
@arianemabborang8732 6 жыл бұрын
absolute life saver! thank you for making this video!
@angelogiovanni1590
@angelogiovanni1590 4 жыл бұрын
tysm. you saved my life!
@carmellajaye9093
@carmellajaye9093 4 жыл бұрын
Tysm😭 my exams will be next week and I don't know what bank reconciliation means coz my acctg teacher is like a rapper when she teaches us in acctg and you made my problems solved! Tysm again😭 sorry for my grammatical errors
@BrandyDudas
@BrandyDudas 4 жыл бұрын
I hope you do really well on your exam!
@marinat755
@marinat755 5 жыл бұрын
Thanks a lot! That is the best explanation I found on KZbin!
@eyobbassa4341
@eyobbassa4341 6 жыл бұрын
Congratulations! it is Out of the ordinary one.
@suss1
@suss1 5 жыл бұрын
Great video. Easy to understand. Thanks.
@victoriawatkins1578
@victoriawatkins1578 5 жыл бұрын
Hi, love your video. helped a lot. keep up the good work. made work so understandable. Thanks !
@FreeFaLossTeen
@FreeFaLossTeen 5 жыл бұрын
Great video, made my confused mind after my accounting class make all sense:)
@celineenage9404
@celineenage9404 7 жыл бұрын
thank you! this helped a lot
@candyfloss184
@candyfloss184 5 жыл бұрын
Very apt and precise. Thank you
@MrRD-hk6cv
@MrRD-hk6cv 6 жыл бұрын
Brandy just love your way of teaching.
@BrandyDudas
@BrandyDudas 6 жыл бұрын
Good luck on your finals!
@MrRD-hk6cv
@MrRD-hk6cv 6 жыл бұрын
Accounting Videos Thanks but how do you know its my exam?😁
@BrandyDudas
@BrandyDudas 6 жыл бұрын
It was a guess! It’s exam season!
@MrRD-hk6cv
@MrRD-hk6cv 6 жыл бұрын
Accounting Videos Btw I got over with my exam and it went great. Thanks 🙏
@augustorvz3543
@augustorvz3543 4 жыл бұрын
To work as an obgyn is much more interesting. 😀
@BrandyDudas
@BrandyDudas 4 жыл бұрын
I believe it!
@seamuslu4735
@seamuslu4735 5 жыл бұрын
Thank you very much !
@ranjanadissanayaka5390
@ranjanadissanayaka5390 6 жыл бұрын
wow,, you are amazing! best lecturer ever
@BSK9474
@BSK9474 3 жыл бұрын
Teach when the balance is deference how can we do ?
@sayedibrahimsadat7060
@sayedibrahimsadat7060 6 жыл бұрын
YOUR TEACHING IS AWESOME! THANK YOU !
@BrandyDudas
@BrandyDudas 6 жыл бұрын
Thanks! Glad you are enjoying the videos!
@bloodyman125
@bloodyman125 5 жыл бұрын
Amazing video thank you so much so clear and concise
@danishALI-nb6hf
@danishALI-nb6hf 5 жыл бұрын
Good job ypu clear my concepts but one problem how to create account on my balance as per cash book basis ( adjust entries) which coulm add on my cash book account please tell me examples. and which state you live in im from NJ.
@sherigeorge5874
@sherigeorge5874 4 жыл бұрын
Btw i always get confused whether in the bank reconciliation i begin my value with a negative or postive
@chakrobaak9064
@chakrobaak9064 3 жыл бұрын
Thank you.
@pieterknoetze6606
@pieterknoetze6606 6 жыл бұрын
Thanks for this video. It was very very helpful.
@latarao5021
@latarao5021 6 жыл бұрын
Thanks for the video It really helps us to understand about bank reconciliation.....
@BrandyDudas
@BrandyDudas 6 жыл бұрын
Thanks for saying that!
@armanalmajas422
@armanalmajas422 4 жыл бұрын
well explained..
@sherigeorge5874
@sherigeorge5874 4 жыл бұрын
Best video !!!!
@therontreurnicht829
@therontreurnicht829 5 жыл бұрын
Thanks Ms Brandy!
@sherwinsebastian1134
@sherwinsebastian1134 5 жыл бұрын
Great video easy to comprehend 😊😊
@sudokupoku
@sudokupoku 4 жыл бұрын
Thank You!!!!
@roxxrebbb7369
@roxxrebbb7369 5 жыл бұрын
Question. How come the bank will subtracting too much money when you actual pay for exact amount written on checks?
@Kanegamba75
@Kanegamba75 5 жыл бұрын
Thanks alot I really needed that
@justablob4530
@justablob4530 5 жыл бұрын
very useful
@sayembehl703
@sayembehl703 6 жыл бұрын
Sweet, it helped a lot, thank you
@nathaliaduncan9453
@nathaliaduncan9453 6 жыл бұрын
love your videos, the only ones i go to for accountng :)
@BrandyDudas
@BrandyDudas 6 жыл бұрын
Thanks for saying that :) I’m glad they are helping!
@rayahhashim
@rayahhashim 5 жыл бұрын
quick and clear, coooooool *******
@candiceyu8660
@candiceyu8660 5 жыл бұрын
To the journal entry for the $20,500 part, would it be ok to replace account receivable with "sales revenue/service revenue" ? Or replacing cash with "account receivable"?
@runner2056
@runner2056 Жыл бұрын
I have a question about the NSF check. Wouldn't the check usually be recorded as a debit in the company books when they got the check from the customer and the bank would decline to cash it when the company sent it to the bank. Why in this example did the bank withdraw funds from the company when a customer wrote a check that bounced.
@BrandyDudas
@BrandyDudas Жыл бұрын
Generally banks will take you at your word that the cheque is good and give you the money right away… they then go and try to take the money out of the other account so you would be showing money in your account that the bank hasn’t settled yet. So finally when the bank finds out the other account doesn’t actually have money to pay you it goes “whoops… I’m taking back that money we gave you because we thought this cheque was good” Depending on the country, the banks still use pretty archaic systems that takes a while to do these things.
@runner2056
@runner2056 Жыл бұрын
@@BrandyDudas Thank you so much for your reply! That makes a lot of sense. Great video's! They are really helpful explaining some of the nuances I didn't catch in my classroom learning.
@1981513
@1981513 6 жыл бұрын
beautifully done!
@guineapig1016
@guineapig1016 4 жыл бұрын
Thank you
@LaraRadwan
@LaraRadwan 5 жыл бұрын
Very helpful, thank you!!!
@TheTyisawesome
@TheTyisawesome 5 жыл бұрын
I'm still really struggling with this one example my instructor gave me. I thought I did everything correctly but the final balances don't add up.
@user-kx7ch2ye9z
@user-kx7ch2ye9z 5 жыл бұрын
wonderful
@10_endy6
@10_endy6 5 жыл бұрын
Thank you very much... You help me a alot... 😊😊😊
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