Accounting 1: Program #3 - "Transaction Analysis"

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  • čas přidán 22. 08. 2024
  • Accounting 1: Program #3
    Chapter 1
    "Transaction Analysis"
    dkrug@jccc.edu

Komentáře • 280

  • @jiezhang3775
    @jiezhang3775 Před 8 lety +63

    I like the way he mentions viewers like us when he is teaching. So I can feel that I am actually part of this class, which really encourages me to do the assignments and participate the class more. I really appreciate it! Thanks a million! : )

  • @anadaker3939
    @anadaker3939 Před 2 lety +9

    I'm a practicing accountant and I recommend Professor David Krug's videos to new hires all the time. Once you get the accounting fundamentals, it's really not that hard to understand. David makes the learning process simple and easy to understand for newbies. Moreover, I enjoy watching them myself because a good accountant is always solid in their fundamentals and ethics.

    • @cesarmedrano1957
      @cesarmedrano1957 Před 2 lety +1

      Hi, do you know a book of accountant that you personally would recommend? I am new in the subject.😁

  • @phillipberry8472
    @phillipberry8472 Před 7 lety +26

    I'm taking accounting online, and professor David you're the best. I totally understand everything you have taught thus far.

  • @MrBley0710
    @MrBley0710 Před 8 lety +7

    I am a 15 year veteran teacher who is currently taking accounting to add a business endorsement to my teaching license. My current instructor is a very nice lady but has no clue how to teach. After watching these videos it feels like a veil has been lifted from my eyes and I can clearly understand everything he is teaching AND I can answer the questions that his students are asking. Thank you, Sir, for being an inspiration to a future accounting teacher. Teaching is an art form, and you are a true artist.

  • @shazalgeorge5993
    @shazalgeorge5993 Před 7 lety +10

    Lol! He's so considerate. He's like encouraging every student for there silly questions, "that's an excellent silly question" A quality teacher though

  • @MyrtleBeachWebAngel
    @MyrtleBeachWebAngel Před 7 lety +18

    I am not taking this exact course, but wanted to say that these lectures have been so helpful. My classes are online and I have searched and searched trying to find an interesting teacher who would be covering the same material. I love all of the examples and it makes the information stick. Thanks so much.

  • @gwendolynhoward1653
    @gwendolynhoward1653 Před 9 lety +29

    Awesome teaching skills! You have a gift of simplifying a complicated subject. I connected with you while randomly searching for someone to explain accounting concepts. I am so glad that I ran into you. I am three weeks into my online accounting class. We have learning tools, but none compare to what I have learn from just one of your online presentation! You have helped to provide light in a dark situation. I am going through each presentation in order. Hopefully, with a little hard work, I'll be able to catch up with my class. And not just complete the assignments, but with an understanding. I appreciate you providing this accounting series to help people like myself!
    Gwen Indiana

  • @keithhudson3138
    @keithhudson3138 Před 5 lety +7

    6/13/19. I'm taking Acct 1 in my summer session and I am just about done reading Chapter 1. I found your videos and so far, it is the icing on the cake. I will be watching your videos in conjunction with my assignments for added knowledge. Thank you so much for this holy grail of accounting videos.

  • @jab3593
    @jab3593 Před 10 lety +16

    The book is Fundamentals of Accounting Principles 20th Edition by John Wild. He mentions it in his first lecture. It's a good book. Much better than the text my college is using. I highly recommend it. Thank goodness for Mr. Krug. Thank you for giving us the opportunity to learn from you. I couldn't have done it without you!

    • @ahmedsabri5774
      @ahmedsabri5774 Před 6 lety

      mail me the book ahmedsabri582@gmail.com

    • @CoPilotbassem
      @CoPilotbassem Před 6 lety

      i need the book as well

    • @abdirisak7041
      @abdirisak7041 Před 6 lety

      Could u please help. I need the book my Email is bilaadan4@gmail.com
      Waiting fo u sis.....

    • @sudeshmirashe9411
      @sudeshmirashe9411 Před 6 lety

      Julie Walsh if you have the book pdf or powerpoint slides printouts pls send those to me, sudeshmirashe22@gmail.com

    • @ehsaan009
      @ehsaan009 Před 6 lety

      guys if any of you got the book or slides email me too, thanks in advance. (mohehsaansediqy@gmail.com)

  • @dianed2053
    @dianed2053 Před 7 lety +8

    I can see how much this professor loves what he does! He is really easy to follow and explains things in a simple way.

  • @edrickins
    @edrickins Před 8 lety +4

    Hi I'm Edrick from Manila, Philippines. I'm using your video to prepare for my Finals Exam for the subject at school. This is very helpful and not boring at all. Thanks a lot!!!

  • @jeanieburdi3200
    @jeanieburdi3200 Před 9 lety +10

    I so wish I had you for my Accounting Class... This is a great service thank you for sharing these to the public. I hated accounting...I got a C- in my 101 class...but after watching your classes...I feel I could have easily gotten a A+. Thank you for clearing up the murky water. :D

  • @sipporahugo815
    @sipporahugo815 Před 7 lety +4

    I am so glad i found your online course. I am doing your lessons from South Africa. I even managed to find the textbook online so have been able to do all the exercises with the class.

  • @monicaroude1939
    @monicaroude1939 Před 9 lety +1

    I am so thankful to have found these lectures. The instructor is amazing and explains everything so easily. I am currently in Accounting and I was suffering because I could not understand a thing. It is so great to find an instructor who cares. Thank you for your wonderful lessons, and thank you JCCC for making it possible too.

  • @laurabenic2211
    @laurabenic2211 Před 6 lety +6

    I literally don't want to stop to listen to you!!!! Time passes so fast watching your videos and your examples are amazing! thank you so much for sharing this and making my life so much easier..!
    An enormous thank you from Germany!

    • @hiennguyenthithai4212
      @hiennguyenthithai4212 Před 6 lety

      Do you have the excercise book? material for this lesson course? could you pls help me ? i am watching his vedeo too. thanks. mail: thaihien1978@gmail.com.

  • @puffnstuff12
    @puffnstuff12 Před 9 lety +3

    I wanted to say that I've thoroughly enjoyed the Professor's presentations and have learned a lot from them. His classes are truly fortunate to have such a skilled and patient instructor that is able to convey the information so effectively. I wish that he were teaching me accounting this semester as he is far more effective than my own professor..

  • @KarenTemokang
    @KarenTemokang Před 3 měsíci

    He is collaborating with his students. I am enjoying his sermon.
    The best teacher, Mr Dave
    Keep the energy going .

  • @moyeedulhasan5870
    @moyeedulhasan5870 Před 3 lety +1

    A complicated and scary subject is presented in a lucid and easy to understand manner, that’s what real teaching means...

  • @jordiortega4436
    @jordiortega4436 Před 6 lety +5

    I’m digging this, professor Krug! You deserve a feature film!

  • @MissT3rr1
    @MissT3rr1 Před 6 lety +1

    You have saved me from the world of the unknown!!!! very helpful and I recommend to anyone who's have interest in accounting

  • @yizhang1302
    @yizhang1302 Před 6 lety +4

    I feel that the students are also very good in this class because they come up with very good questions which same with mine and that makes me understand deeply about the questions. Thanks a lot for this video.

  • @TheArashiKeoni
    @TheArashiKeoni Před 8 lety +39

    THIS IS FREAKING AMAZING!!!! YOU SAVED ME!!!! I CAN UNDERSTAND YOU !!!!! YOUR SPEAKING EEEEENGGGLIIISSSHHHHH!

    • @rolas312
      @rolas312 Před 7 lety +6

      you're*

    • @sudeshmirashe9411
      @sudeshmirashe9411 Před 6 lety

      TheArashiKeoni if you have the book pdf or powerpoint slides printouts pls send those to me, sudeshmirashe22@gmail.com

  • @Weirdos237
    @Weirdos237 Před 11 lety +1

    Thank you so much... I am learning so much from you. I am lost in class and I do not feel smart, but having you on CZcams explaining it step by step is helping me out a lot. Thanks again.

  • @SenoritaJes
    @SenoritaJes Před 2 lety +1

    Hi, I'm taking ACC 111 and these videos were recommended in my lesson. What a fantastic instructor!

  • @michellejohnson-ochoa3100

    I'm trying to learn accounting for our new business. I came across this series of classes and I'm learning a ton. Thank you very much Mr. Krug. Can't wait to get my text book I ordered on line and the workbook so I can try the homework.

  • @saraalexander8185
    @saraalexander8185 Před 9 lety

    Love these videos. I'm currently taking a course at Monroe Community College in upstate New York and I don't understand a thing my professor says. However, when I watch these videos it seems as simple as addition and subtraction. It's truly amazing, the difference in teachers and the ability to convey a message in a way that people who know nothing about the subject will understand.

    • @coffeebreak247
      @coffeebreak247 Před 4 lety

      Exactly! I’m currently in accounting 101 in college but here I am learning on CZcams. Excellent teacher 🌟

  • @SELENA2994
    @SELENA2994 Před 8 lety +1

    David krug is a best instructor.He made accounting so easy.....

  • @mylesbishop1240
    @mylesbishop1240 Před 9 lety +1

    Thank you Prof. Krug.
    You are clear and understandable.
    Your videos are cementing certain points I was confused about in class such as withdrawals and expenses.
    Thank you JCCC from SoCal!

  • @ryjaim
    @ryjaim Před 12 lety +1

    Thank you so much for explaining double entry accounting without first confusing me with the terms debit and credit. This is finally making sense.

  • @jasmadsen
    @jasmadsen Před 10 lety +9

    This guy sounds like Vince Vaughn,which makes this even more awesome.

  • @AdonisGaming93
    @AdonisGaming93 Před 8 lety +90

    I like the 90s feel lol

    • @VM-iy1mf
      @VM-iy1mf Před 8 lety +8

      +TSX_Adonis Feel like watching Saved By The Bell after this lol

    • @Demitrival
      @Demitrival Před 4 lety

      Right the music in the beginning

    • @AdonisGaming93
      @AdonisGaming93 Před 4 lety +3

      @@Demitrival it's been 4 years since i've seen this video........man...I feel so old.

    • @Demitrival
      @Demitrival Před 4 lety

      AdonisGaming93 I didn’t even noticed u wrote that 4yrs ago lol. But I hate when that happens too. 😭

    • @symbatbek2059
      @symbatbek2059 Před 4 lety

      Any one have the homework papers ??I can’t find it .....

  • @tejamysore3699
    @tejamysore3699 Před 9 lety +1

    You are a life saver. Have a midterm tomorrow and these videos are priceless!

  • @marjadorvil337
    @marjadorvil337 Před 8 lety +1

    Such a good teacher, wish my professor was like this. These videos are giving me life

  • @mypassportpicsux
    @mypassportpicsux Před 10 lety +1

    I'm in intermediate accounting 1 and I needed a refresher. Great teaching technique and production. Gonna watch all of them. Thank you!

  • @thekingrogel
    @thekingrogel Před 5 lety +1

    OMG I'm so happy I got in to this video. It's been my 3rd week on accounting class and I still don't know how to analyze. I used to copy ky friends' work and proceed on my own on the trial balance because it's the only easy part lol. This is very helpful.
    Just a suggestion: not everyone's actually familiar with the words ' Revenue, Asset, Equity, Debt, etc ' and some are from a country whose language is not english so it would be very very helpful and convenient especially for a lot of students like me to get reminded of the definition of the words when you mention them even if just a brief def. I don't mean to like define them every time you mention them but you know what I mean hahhaha. Thank you agaiiiin💙💙

  • @magicmarie8403
    @magicmarie8403 Před 3 lety +1

    I learned more in one hour cuddled up with my dog than I have in two weeks of accounting. I’m a over thinker so the transaction analysis trips me up.

  • @rawannayl8395
    @rawannayl8395 Před 7 lety +1

    he's one of the best online teachers ^^
    thanx for making it available to us

  • @israelbariquit7901
    @israelbariquit7901 Před 11 lety

    I'm a 4th year college student and I'm taking Manager Accounting I used to review my basic accounting and this accounting lesson on CZcams really help me a lot, thank you guys..

  • @judithmoore7379
    @judithmoore7379 Před 6 lety

    Thank you Mr. Krug because I am trying my best to understand Accounting.....it can be challenging..but I'm trying to obtain my Business degree so I told that I MUST take accct. .....I will continue watching you and Mr.Johnathan Dorn ..

  • @nadeemakram9658
    @nadeemakram9658 Před 9 lety +3

    It's really helpful I never saw a teacher like you sir... Thank you thanks a lot sir....

  • @919somchai
    @919somchai Před 10 lety +1

    Excellent content, it make me understand the accounting much more clearer.
    Almost accountants I found have done the communication to help users to make better decisions, but its quality and quantity are not good and too late to take action.
    The accountant should control the financial result, not just report.

  • @Weirdos237
    @Weirdos237 Před 10 lety +6

    greatest teacher in the world !!!

  • @Soroyalempire
    @Soroyalempire Před 7 lety

    Thanks so much for these classes they are so helpful!!! I'm not in school right now but I work and take care of my kids.. I found this so helpful bc I can watch as many times that I need to and I work from my own paste😊 thank you soooooooo much

  • @johnking3219
    @johnking3219 Před 2 lety +1

    This is the best teacher

  • @anripotato
    @anripotato Před 10 lety +42

    I kind of feel sad I don't have the textbook. I want to do the homeworks too. :c

    • @mmmmmm6543
      @mmmmmm6543 Před 9 lety +1

      +Bishesh Karki
      The download doesn't work,,, is there any other source? Thank you

    • @fender.strat23
      @fender.strat23 Před 9 lety

      +MMM MMM I'll let you know if I find any :)

    • @mmmmmm6543
      @mmmmmm6543 Před 9 lety

      Thank you very much! I appreciate it whatever you can do!

    • @SuperSinderela
      @SuperSinderela Před 6 lety

      Bryan Staudacher I have the PDF of book but for some reason I didn't find the homework exercise 1-13 on page 35 is there anyway you can please email me? Thanks in advance

    • @kevinwong4720
      @kevinwong4720 Před 6 lety

      You can get it on iBook

  • @mohibullahamini1723
    @mohibullahamini1723 Před 6 lety

    One of the best online class I have ever experienced.

  • @sandrozozo9857
    @sandrozozo9857 Před 2 lety +2

    Thank you! Professor David teaches really well! (and time stamped, 2021)

  • @DustinLives
    @DustinLives Před 10 lety +1

    This is awesome. I love this course being online...Thank you JCCC

  • @tainacabeza8978
    @tainacabeza8978 Před 11 lety

    Great Job I went to the university and never see the logic as you are teaching! thanks God bless you!

  • @krsamysmith1
    @krsamysmith1 Před 8 lety +1

    Very good instructor and course ! Made it so easy to understand

  • @bunmioyenuga185
    @bunmioyenuga185 Před 3 lety

    Hello sir, I came across your accounting 1 class and I just want to say thank you for uploading all the videos. And also your teaching style is awesome.

  • @asmrallison
    @asmrallison Před rokem +1

    "It may be the best calculator I've had in my whole life." lmao

  • @worldtravel4973
    @worldtravel4973 Před 6 lety +1

    Awesome teacher. I am so lucky to learn from him

  • @ethiopianfoods8038
    @ethiopianfoods8038 Před 8 lety +1

    Thanks so much!!! I am learning so much and taking good notes before taking my accounting class.

  • @generaltch9918
    @generaltch9918 Před rokem +1

    It's very lmportant education step by step exercise program education u sounds every one u lease students class work ln utake &homework exerise1.7

  • @augustayarteh7524
    @augustayarteh7524 Před 5 lety

    Wow professor that a sound illustration and explanation for us to understand well.Total asset = cash + Account receivable + property.My own understanding on Equity means common stock additional paid in capital and Retaining Earning. This is a total Equity.yes sir for liabilities is include account payable + long term debt. this particular liabilities. has a lots of account payable. yes when your revenue goes down your cash probably goes up. I think it depends the kind of transaction you are doing. great explanations sir.

  • @Michael-gd6gi
    @Michael-gd6gi Před 5 lety

    Really Thank You Very For Your Sharing of Your Knowledge You are really hamble and knowledgeable guy may GoD bless you more and more.

  • @Addicted_to_Music.
    @Addicted_to_Music. Před 11 lety

    i'm gonna start the study accountancy at college next month and i was curious what it's about. This is really amazing !! I barely had economics in high school so i thought it would be very difficult for me to understand but this is really well explained!! well done man

  • @cuyunimohamed8740
    @cuyunimohamed8740 Před 10 lety +1

    it is very clear than i have ever had, thank you so much.

  • @ctoumi2
    @ctoumi2 Před 11 lety

    wow as an former student of a top UK university I can rate you as amongst the top former science & Engineering lecturers..Well done & Thank you

    • @deandred712
      @deandred712 Před rokem

      What that even mean this is a completely different topic

  • @zoolzoola9226
    @zoolzoola9226 Před 6 lety

    Thank you very much Mr David for all these videos.
    In my opinion I think thses lessons still the best been published on CZcams since 2011
    And could you give us one about ledgers
    I really appreciate it.

  • @MrDaddy-nv9kp
    @MrDaddy-nv9kp Před 4 lety +2

    Lecture Number 3 = Done

  • @isratzaman9627
    @isratzaman9627 Před 8 lety +1

    best way to teach accounting,thank you sir ,from bangladesh

    • @STLEO1
      @STLEO1 Před 8 lety

      +Israt Zaman I agree, face to face and interaction is the key

  • @lissettedelarosa6679
    @lissettedelarosa6679 Před 5 lety +1

    Dude I was so lost in accounting!! Thank you!

  • @magicmarie8403
    @magicmarie8403 Před 3 lety

    21:27 rewatch for Test 1 (NTS)
    20:00 what increases and decreases equity
    21:55 what investing cash does to owners equity

  • @augustayarteh7524
    @augustayarteh7524 Před 5 lety

    Which kind of book you are asking for, or you need some of the slide that are helpful to practise instead of the book if you need the book is so bigger and thick for somebody to mail it for you.I suggest you can go to any library to rent it any edition starting on financial accounting. they all have the same concept and explanations. they are so easy to do as long as you have this basic explanations you can do every thing just a short of time. Do you need cengage book or wily book which one just search for this names of this two books. you will get some slide to work you through all this great explanation the professor is explaining.

  • @trushnapanda7785
    @trushnapanda7785 Před 6 lety

    Hlo sir, first of all thanks a bunch .after watching your video today i have cleared all my doubts .really ur teachoing style is favulous.

    • @Shibilin
      @Shibilin Před 5 lety

      Anyway you looks beutifull

  • @markusshaibu3526
    @markusshaibu3526 Před 6 lety

    what a wonderful lecture and it so inspiring, i need more of it.
    thank you and keep the good work......

  • @shellyarmstrong70
    @shellyarmstrong70 Před 10 lety

    Thank you so very much! For having these videos. I was having an issue with understanding but you have made it easier to follow. I am currently taking courses at Kaplan and I enjoy the program there, ( I am also in CA). I am hoping I can follow your videos for both my Accounting I and Accounting II classes.

  • @starbityop
    @starbityop Před 11 lety

    This is amazing, I actually understand all of it. And I thought i could not learn any accounting stuff. Thank you!!!

  • @hovx
    @hovx Před 11 lety

    Solid instruction. This guy's talented.

  • @doctormotivation6794
    @doctormotivation6794 Před 8 lety

    great method of teaching. and examples are soooo good

  • @ajayu95
    @ajayu95 Před 4 lety +2

    i would like to see these students, now its been 10 years this video is on youtube. how are the now :)

  • @MikeCChama
    @MikeCChama Před 10 lety +3

    wow you are awesome a teacher.

  • @nicolesevillano6748
    @nicolesevillano6748 Před 9 lety +1

    where and how did you get 275 in QS 1-7 letter b (homework)? i don't understand clearly(in this part of the homework) but most of the lectures, it is clear to me .

  • @TheDreameroflove
    @TheDreameroflove Před 10 lety

    Adam Stier, this is a community college I believe. It covers the last lessons learned in high school first and then moves forward from there.

  • @ELMKTF
    @ELMKTF Před 8 lety +1

    Why didn't owner's equity increase when money was borrowed from Bank of America? If you are borrowing money to invest into the business, doesn't that affect equity?

    • @Kmg726
      @Kmg726 Před 8 lety +2

      +KeeptheFaith if money is borrowed, it's a liability because it's owed and has to be paid back. Borrowed money is neither revenue nor capital. Hope that helps :)

  • @BriheenKnuckles
    @BriheenKnuckles Před měsícem

    Very good teacher.🎉

  • @ajit3839
    @ajit3839 Před 7 lety +2

    AT LAST MY BRAIN WORKED!!!

  • @manalseyam9001
    @manalseyam9001 Před 9 lety +1

    You are awesome. I like the way you to teach.
    Can you teach accounts payable pls.
    Thank you and I wish you all the best !

  • @asarichan9776
    @asarichan9776 Před 6 lety +1

    very clear lesson

  • @secureCFOgroup
    @secureCFOgroup Před 4 lety

    Great videos! Best online class.

  • @albusseverusdumbledore1050

    we r doing this in school. and now i am crystal clear with this concept. hopefully i get an "A"

  • @erubin100
    @erubin100 Před 3 lety

    "Perfectly balance, as all things should be."
    -This lesson in a nutshell.

  • @augustayarteh7524
    @augustayarteh7524 Před 5 lety +1

    if he has 20,000 when the 20,000 thousands goes up. yes the accounting will balance.The office supplies have to go down by cash because you have to pay for the office supplies that you have to used cash to pay for all those office supplies. supplies equipment account payable is a liability great questions account payable is a liability, it has so many account payable like note payable, interest payable, they are all liability there is a more payable account.

  • @Neszuh
    @Neszuh Před 3 lety

    Love your videos, excellent teaching skills ❤️

  • @mariomerlos7049
    @mariomerlos7049 Před 8 lety +2

    50min of awesomeness!!

  • @Fedorrogov
    @Fedorrogov Před 11 lety

    Excellent teacher!!!! I totally agree with the previous comment!

  • @sureshr9396
    @sureshr9396 Před rokem

    Great session

  • @d.m.958
    @d.m.958 Před 6 lety

    great class! EASY to understand

  • @STLEO1
    @STLEO1 Před 8 lety

    Awesome teaching and great background musica

  • @jessevjnr
    @jessevjnr Před 9 lety +6

    FREE PDF Version of the book? www.ebook-freee.com/2013/01/ebook-fundamental-accounting-principles.html
    Class Handouts by Mr. Krug? blogs.jccc.edu/accounting/

  • @naifnegm7805
    @naifnegm7805 Před 8 lety

    great teacher ,, thank you D Krug ...

  • @GCHBNZ
    @GCHBNZ Před 10 lety

    Fabulous - so glad to of found this series - thank you. I to, would love to know what text book was used for this. Clear, precise lecturer.

  • @fadluidris6922
    @fadluidris6922 Před 10 lety +11

    11 MONKEYS DISLIKE THIS AMAZING VIDEO,

  • @pulagamvamsikrishna7691

    Thanks a Lot for those wonderful videos

  • @MargaretRosemary
    @MargaretRosemary Před 11 lety

    Thank you. I will continue to work hard at it.

  • @karenewers6497
    @karenewers6497 Před 9 lety

    This was absolutely awesome!

  • @rossgai8630
    @rossgai8630 Před 5 lety

    The God of Accounting

  • @aliyaqubi5030
    @aliyaqubi5030 Před 2 lety

    Thanks. Great lesson.