Am one of those kids that study on the exact day of the exam 😪🤧....
@sonyangarbe19268 ай бұрын
Me too😭😭
@Miraculous_chimken2 ай бұрын
What did you get??
@JRCookOfficial3 жыл бұрын
I appreciate the video. Going through College accounting, which is like learning another language. I just keep beating into my brain though, it is making sense finally.
@Alanisbusinessacademy3 жыл бұрын
Thanks for sharing! You got this!
@chenixan3 жыл бұрын
why you beating your head, your head crying right now. :(
@JRCookOfficial3 жыл бұрын
Yeah I ended up passing the class and am glad to be on to different aspects of business. Thanks again for the video.
@JRCookOfficial3 жыл бұрын
@@chenixan it was a figure of speech. My head was very thankful because I ended up getting the good grade lol.
@chenixan3 жыл бұрын
@@JRCookOfficial oh oki :D
@igbedionfrancisca9164 жыл бұрын
Thank you. It's always helpful to assure our selves of these accounting fundamentals.
@nirre46013 жыл бұрын
1:30 welcome
@dumachavula6883 Жыл бұрын
Simple and straight to the point. 👏👏👏
@lamoilewars99673 жыл бұрын
Thanks for this video🙏🏽
@stephaniewilkerson64449 ай бұрын
Excellent explanation! Thanks so much!
@smiglebru23672 жыл бұрын
a bit late but this was a huge help for my exam
@dezval69643 жыл бұрын
Thank you for this video, it has been a great help. Would the accounting cycle be the same for all businesses?
@Alanisbusinessacademy3 жыл бұрын
It should. It's fundamental to accounting.
@mohibqureshi3913 жыл бұрын
According to my teacher....: 1_ Journal 2_ Leader 3_ Trial balance 4_ Adjustment 5_ Financial statement :- ( - Income statement - Balance sheet ) Explain...its so confusing ...how is your's and my teacher's points are different? On same topic...
@dinoclasher41293 жыл бұрын
Like are u asking what they mean I'll give I a definintion btw I'm not the best perosn at this so dont take it really seriously 1)journel were all accounts and transactions recorded 2)gonna assume u said ledger accounts in a nutshell it is each account individually shown 3)trial balance basically shows all debits and credits 4)adjustment basuacvly If somthimg is incorrect they will correct them if any 5)the main end products of a accounting system and respresnted by a worksheet(basically sheet that had income statement,balance sheet and trial balance) lol worksheet is redundant Hope this helps
@JRCookOfficial3 жыл бұрын
The only difference are the terms. Your teacher is teaching the "trial balances" by calling the step adjustments, which are only achieved by creating a trial balance. Also it looks like your teacher didn't mention the analysis of source docs because it is pretty much a given that you are going to have to look at receipts and invoices to enter the data into journals.
@mohibqureshi3913 жыл бұрын
@@dinoclasher4129 it did ...thanks
@mohibqureshi3913 жыл бұрын
To: J.R. Cook Thank you.....😁.. .but... what are receipts and invoices?....
@dinoclasher41293 жыл бұрын
@@mohibqureshi391 hey bro ik u didnt ask but I hope this answers ur question I recepts is a type of source document and basically a source document is evidence of a transaction happening.ex: a fast food receipt it shows that a purchase has been made And think of an invoice as a transaction between a BUYER and a SELLER. A sales invoice is when a business SELLs somthing to a PURCHASER. and a purchase invoice is when a somthing has SELLED sold to the PURCHASER Hope this helps and good luck
@smithstoneware3 жыл бұрын
Great video! Super helpful. Thank you :)
@Alanisbusinessacademy3 жыл бұрын
You're so welcome!
@chenixan3 жыл бұрын
you know what's super helpful too, going to school LOL.
@jordanpower55683 жыл бұрын
very helpful thank you my friend you helped me pass
@chenixan3 жыл бұрын
but I am your friend :(
@urah12cury2 жыл бұрын
thank you so much it is really helpful
@mrcount6655 Жыл бұрын
thanks
@x9nafnaf9197 жыл бұрын
OK,I love this channel!
@chenixan3 жыл бұрын
gurl- why LOL
@ceboketwa75656 жыл бұрын
I can now I understand.
@chenixan3 жыл бұрын
what I don't understand is your typing LOL
@marishamadison9 ай бұрын
I am wondering if the “accounting system” can be used in the first steps of “accounting cycle”?
@walaalahaoffical70178 ай бұрын
Thanks
@E_S_Book7 жыл бұрын
Great video, but some pics could be useful to this video too.
@chenixan3 жыл бұрын
EXACTLY
@HappyCoralReef-ht3nr8 ай бұрын
Good 👍
@NawazzKhan-hx2lc5 жыл бұрын
I am not gating its very defficult way and lacture is very difficult language
@Football-bv1ui4 жыл бұрын
English
@SABZAMAKASAN3 жыл бұрын
@@Football-bv1ui 😂😂😂😑
@chenixan3 жыл бұрын
I need to know this type of english LOL
@santerarchbold19813 жыл бұрын
Mhat
@x9nafnaf9197 жыл бұрын
1stttt
@Alanisbusinessacademy7 жыл бұрын
+I.am. Y You win sir! Nice job.
@x9nafnaf9197 жыл бұрын
thank you :')
@domingo29777 жыл бұрын
What did he win & what did he have to do win?
@x9nafnaf9197 жыл бұрын
I won the honour to receive a reply saying ive won and if @alanis replies to u, then u have won too