Thanks to your videos, as well as the sea of videos on youtube, I'm passing my accounting class so well that I've topped my class and receiving an award for having the highest grade in this class. Thanks!
I can't believe that I pay thousands for a private university and study everything for free on CZcams, thank you very much for making it possible for me to understand everything I needed in the adjusting entries
Bruce is my professor currently. Spring 2017. I have taken several online courses, but never had an instructor so dedicated to teaching his students. Even as a distance instructor, he puts in more effort than standard "ass-in-seat" professors. I applaud his effort, and believe that he could teach a blind polar bear to read a book about climate change. More instructors could learn something from his dedication to his students. Bravo.
lol! I totally agree with you. As a matter of fact this guy made me understand what my Professor tried to teach. He doesn't teach effectively because he's too busy trying to hook up with his students.
HOLY CRAP. It finally CLICKED in my head. Hahaha this is amazing I finally understand it. Thank you so much (I have a quiz on this in about two hours!)
Thank you Senpai!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! wait, i can't thank enough, i finally understand accounting thanks to you.... I don't blame my teacher for it, but is a problem with langguage between me and my teacher... hank you forever wherever you are... HAVE A GREAT DAY
But you didint teach us.. what method you used.. Could be asset method or expense method... Liability method or income method. That would be hard to apply especially when you are a beginner and worst if they encounnter unfamiliar transaction. This kind of direct teaching though... (:
When making an adjusted entry, what would I do when insurance expired during the current month and it's $250. The balance was $3000. How would I record this adjusting entry? Thank you!
There are some items that it really can be inefficient to record each time they are performed. It's much easier and more effective to make the adjustment at the end of the periodl.
A prepaid insurance was recorded for 20 000 good for a year. According to the adjustments, one month has been consumed from the insurance, is it safe to formulate it as 20000×1/12 = 1666.67? Is it the right analysis, I always have double doubts whenever their are cents included since we dont usually have balances with cents
thanks for this, but I didn't understand the unearned revenue part😭 sorry I'm too slow😭 I'm just starting to study the accounting subject😞 can someone help me what happened in unearned revenue? thanks
Hi You seem to know a lot. I have a question about the following adjusting entry.This is a random adjusting entry im doing in my accounting class. "Of the $25,369.20 shown on the trial balance under Materials Used (this is an expense account), $2,850 is still on hand and unused." This is confusing because it does not tell you what the Materials account has a balance of but just tells us how much of the expense there is. How would you do this adjusting entry?
I really wish my accounting teacher was just like you. The teacher I have now isn't even a real teacher. He's just someone that was successful as an accountant. Apparently my University thinks that if your a good accountant, you must be a good teacher. Not so much..
i swear i learn accounting more on youtube than from my actual prof.
Same here
jo dallas so true
thats why im here lol my professor goes so quick in class and just assumes everyone knows everything after one class. its sucks to be honest
I totally agree!
true for here at USF in Florida lol
Thanks to your videos, as well as the sea of videos on youtube, I'm passing my accounting class so well that I've topped my class and receiving an award for having the highest grade in this class. Thanks!
it seems so easy in you tube. The fucking accounting book is so complicated.
I can't believe that I pay thousands for a private university and study everything for free on CZcams, thank you very much for making it possible for me to understand everything I needed in the adjusting entries
Bruce is my professor currently. Spring 2017. I have taken several online courses, but never had an instructor so dedicated to teaching his students. Even as a distance instructor, he puts in more effort than standard "ass-in-seat" professors. I applaud his effort, and believe that he could teach a blind polar bear to read a book about climate change. More instructors could learn something from his dedication to his students. Bravo.
donald austin is your teacher Bruce Maule from College Of San Mateo? Lol
I was struggling with adjusted entries. Took hours to find a solution and a few minutes to watch your video and now I get it.
This video was uploaded in 2009 and helped me in 2018 LMAO
Aly Halipa yeah this example he went over matches the one in my book this semester 😂🙌🏼
fr
A million thanks to Prof, I have been struggling with this adjustment concept for a while until I came across this video
Thank You !! u saved my life! have an exam tomorrow and i was completely lost !
Only person who could clarify this concept for me!! THANK YOU!
i was 6 years old when this was uploaded, now here i am watching it for my exam
Thank you so much! You have made this part of accounting so much easier for me to understand...
Thank you for this I missed this lesson and have my test tomorrow glad I get it now
God bless this man!
Thank youu so much for this, now I can understand it clearly💜 my teacher is always in a hurry when she's discussing. Gladly, you explained it well😊
Thank You SO MUCH For Helping Me Understanding The 3hr Lecture I Had Half An Hour Ago In 12mins And Getting Through My Homework!!!!! ;v;
Fantastic. Love the way you teach. Thanks.
you just made this so clear to me thank you
fantastic job explaining thanks.
Thank you so much you made really easy for me to understand the course !
online class brings me here, totally helpful
U r not alone kid
Thank you this was very helpful and informative 👍👍
Thank you, Mr Pacino. You saved my butt.
You make this so easy, thank you!!
This is so much better than my freaking curriculum.
amazing lecture :)
lol! I totally agree with you. As a matter of fact this guy made me understand what my Professor tried to teach. He doesn't teach effectively because he's too busy trying to hook up with his students.
Tried to teach this to myself and it didn't go so well.
This helps a lot!
Thank you, now I understand this subject.
thank you sir. Everyone will learn from you.
YOU are the bomb. thank you!
Raneem Saleh 👍
HOLY CRAP. It finally CLICKED in my head. Hahaha this is amazing I finally understand it. Thank you so much (I have a quiz on this in about two hours!)
Thank you, thank you, thank you!
Thanks a lot sir i wish i could give you a hug and some pizza. You deserve it.
GREAT REPRESENTATION, THANKS
Thank you SO very much!
Thank you Senpai!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! wait, i can't thank enough, i finally understand accounting thanks to you.... I don't blame my teacher for it, but is a problem with langguage between me and my teacher... hank you forever wherever you are... HAVE A GREAT DAY
Thank You. Very clear.
this video is very interesting i love this infomation.
Thank you for the awesome video, helped me a lot. Wish me luck I have an exam 1 hour from now :P
anonymousbananabutt what u did exam!????
thank you!!! god bless you!!!!
thank you for the lesson.
Great lecture.
Thank you sir :)
Wow very nice video 👍
awesome teaching
Very helpful.
But you didint teach us.. what method you used..
Could be asset method or expense method...
Liability method or income method.
That would be hard to apply especially when you are a beginner and worst if they encounnter unfamiliar transaction.
This kind of direct teaching though... (:
i wish college professors taught like this
Anyone in 2019 ??
Hahaha its now 2020 and im using this tutorial!
@@leeoleary3321 haha its 2021
My teacher can't teach. Thanks for this!
thank u. so much.
I have new journal entries, do I adjust them based of date, or if they are new entries do I add them at the end of the ledger?
Thanks man!
good show!
When making an adjusted entry, what would I do when insurance expired during the current month and it's $250. The balance was $3000. How would I record this adjusting entry?
Thank you!
At the depreciation expense account, we do not need to indicate office equipment?
Thank you sir
thank you
hey you missed out showing Accrual Revenue and Accrual Expenses....great stuff tho!
There are some items that it really can be inefficient to record each time they are performed. It's much easier and more effective to make the adjustment at the end of the periodl.
A prepaid insurance was recorded for 20 000 good for a year. According to the adjustments, one month has been consumed from the insurance, is it safe to formulate it as 20000×1/12 = 1666.67? Is it the right analysis, I always have double doubts whenever their are cents included since we dont usually have balances with cents
Do you tutor on the side? LOL. Thank you for this video!!!!
how do you enter "Expired Insurance" when you are adjusting entries and what accounts would you use?
thanks for this, but I didn't understand the unearned revenue part😭 sorry I'm too slow😭 I'm just starting to study the accounting subject😞 can someone help me what happened in unearned revenue? thanks
original cost minus trade in value, divide reminder life which is yearly to get monthly divide by 12
I'M JUST 14 YRS OLD AND I'M ALREADY STUDYING THIS DEADLY ADJUSTING ENTRIES. I'M SO DOOMED.
You have years go yet so don't worry too much. I did not even start until college.
also just had that 'click' moment. legend! :)
i can't understand the depreciation thing from where did we get the $40?
omar samour it loses 40 dollars each month or year they should give it to u
Cool
2019 any one?
Got it
Now if only my professors could learn a thing or two maybe I could actually learn while in class....
Hi You seem to know a lot. I have a question about the following adjusting entry.This is a random adjusting entry im doing in my accounting class. "Of the $25,369.20 shown on the trial balance under Materials Used (this is an expense account), $2,850 is still on hand and unused." This is confusing because it does not tell you what the Materials account has a balance of but just tells us how much of the expense there is. How would you do this adjusting entry?
How are you able to know which accounts are able to be adjusted?
goood
Yanking out a like for ya
Boss.
I regret signing up for ABM cause accounting is FUCKING HARD
book edition ??
I really wish my accounting teacher was just like you. The teacher I have now isn't even a real teacher. He's just someone that was successful as an accountant. Apparently my University thinks that if your a good accountant, you must be a good teacher. Not so much..
Nice. I'm a Skins fan AND I need accounting help.
@bashir.khan99
i learn basic accounting can you help me... trial balance . adjusting entry, t accounts, journal entry,... FROM PHILIPPINES
Anyone in 2020?
im fucked
same
nice hat HTTR
@loko4506 hope I helped :)
Why is God in the prepaid insurance? Xp
is professor still alive?
i like ur redskins cap
@tdodd54321
Dr. Insurance expense 250
Cr. Prepaid Insurance 250
awesome redskins hat
HTTR
nnnnnice
a very difficult method. did`t understand a single word
you couldnt be more right. Cant press your profs nose to pause him
wasted my time on my professor. you teach better than him! Good tutorial!
Well he is probably dead by now 😱😱
YOU are the bomb. thank you!