Accounts Receivable and Accounts Payable

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  • čas přidán 25. 10. 2013
  • Simple explanation of A/R and A/P with no detail about recording debits and credits

Komentáře • 288

  • @beautifullady7632
    @beautifullady7632 Před 4 lety +26

    This is what I’m looking for. Wow. Thanks, professor. I’m feeling like a real student and having a lecture at college. Super easy to understand

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @tradeinvest3
    @tradeinvest3 Před 4 lety +1

    Account payable record goods and service purchase on credit or on account and Account receivable record sales of goods and services on credit or on account.Great and clear explanation.

  • @xiomaracuerodaza5930
    @xiomaracuerodaza5930 Před 4 lety +11

    I congratulate you, you have a great ability to explain, English is not my first language, and I was able to understand 100% of your tutorial, your tone of voice is perfect!.

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @gustavotonnelli
    @gustavotonnelli Před 3 lety +1

    That explanation cannot get better, thank you for sharing such valuable information for free.

  • @Ezanaizeazy
    @Ezanaizeazy Před 7 lety +20

    Such a help this was. Couldn't have asked for a better explanation of the concepts. Thank you so much.

  • @lisamccray6481
    @lisamccray6481 Před 3 lety +2

    I'm 58 years of age. And just decided this year to take on Accounting. I've found this subject to be very difficult, confusing and overwhelmingly stressful until I began to know enough about accrual acctng for the concepts to begin to register more easily. So, young people out there, keep trying, Gradually matters. If it helps anyone out there, then, today was my first day knowing, I mean really knowing that "interest" is what made the difference between accts recvbl/payable and notes recvbl/payable. That happened thanks mainly to this teacher. We appreciate you for taking care to explain these concepts.

  • @zjgvergara
    @zjgvergara Před 9 lety +9

    Thank you for the drawings and explanations, it makes the subject easier to understand.

  • @thereal4114
    @thereal4114 Před 5 lety

    It's amazing how simple you made this. Thanks a million!

  • @msnunu116
    @msnunu116 Před 9 lety +7

    So needed this lesson. Perfect explanation! thank u.

  • @adminimmiglobe4259
    @adminimmiglobe4259 Před 4 lety

    Thank you Larry, I've seen some videos about account payable and account receivable. u r the best one, so easy to understand, Supper Clear.

  • @kmayflowerr
    @kmayflowerr Před 5 lety +4

    God bless you, great explanation!! I just started my accounting class and was so confused on the difference between these 2

  • @bertiemonono2301
    @bertiemonono2301 Před 6 lety

    listen thanks man i am taking an accounting class and i have never taken accounting before your explanations just saved my life thanks

  • @ashleymcphail8242
    @ashleymcphail8242 Před 5 lety +1

    SO helpful! You explained this in simple and clear terms. Thank you thank you thank you!

  • @jeffreyg5718
    @jeffreyg5718 Před 9 lety +2

    Larry, this is a fantastic video on A/R and A/P. Thank you so much for posting!

  • @kgoitsimangnkeli5503
    @kgoitsimangnkeli5503 Před 4 lety

    wow.. im just in awe of how clearly an quickly i understood this!!!! thanks a bunch

  • @timbenger1548
    @timbenger1548 Před 10 lety +1

    Thanks a lot for uploading this! Your videos are so clear and helpful.

  • @Kaur16244
    @Kaur16244 Před 4 lety

    First time I saw this video n feeling really happy that I found your channel..subscribed.
    Thanks.

  • @rinkspatel3003
    @rinkspatel3003 Před 5 lety

    Thank you Larry, you made really easy to understand the concepts .this help me a lot.

  • @shannonfoster5459
    @shannonfoster5459 Před 9 lety

    Very good explanation. Short, sweet, and straight to the point.

  • @carlobambi9035
    @carlobambi9035 Před 3 lety +1

    you have made accounting concepts very clear and I thank you for this!

  • @user-zl8ou9re7j
    @user-zl8ou9re7j Před 6 lety

    Thx Lary, i've seen 5 videos about account payable and account recievable. u r the best one, so easy to understand

  • @jadapearl3895
    @jadapearl3895 Před 7 lety

    You did a great job at describing this. I am new to this and I now have an understanding.

  • @brie9119
    @brie9119 Před 5 lety

    Thank you for clearing up a good two weeks of confusion!!!!!

  • @AzerPrince
    @AzerPrince Před 9 lety

    Thank you very much, you saved me a lot of time by explaining me these termins.

  • @jadaoluwasina7150
    @jadaoluwasina7150 Před 5 lety

    just going into finance, and I like this intro. thank you

  • @cityrose4692
    @cityrose4692 Před 4 lety

    No videos explain like this easy and clear. I was frustrated watching many other videos. I'm glad I finally find this lecture. Thanks a million!

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @MrDrors3
    @MrDrors3 Před 2 lety

    A classic example of financial storytelling, this is essential to make it easy to understand

  • @innocentlovablesunny
    @innocentlovablesunny Před 7 lety +1

    Thank you Mr Larry for explaining this, I believe we are assuming this to be a credit sales / purchase.

  • @kernlm13
    @kernlm13 Před 10 lety +3

    Thank you so much for explaining these terms in such a basic sense. I have never taken an accounting class and am finding I need this knowledge in my current role. I really appreciate the way in which you are able to explain these terms to someone who knows nothing of these subjects. You've really helped me gain an understanding of these terms! :)

    • @Brownsugar5329
      @Brownsugar5329 Před 4 lety +1

      I totally agree with you. I’m in the same situation. Very well spoken

  • @wasimahmed-tf3rh
    @wasimahmed-tf3rh Před 9 lety +12

    beautiful teaching understood very good...Thanx teacher

  • @Chris-bc8mz
    @Chris-bc8mz Před 9 lety

    Really grateful for this very detailed video of accounts receivable and accounts payable! thank you!

  • @samuelimomion4404
    @samuelimomion4404 Před 5 lety

    Absolutely helpful! Many thanks Larry.

  • @alanoudibrahim8512
    @alanoudibrahim8512 Před 9 lety

    The greatest explanation ever ! thank you so much

  • @mikekos4430
    @mikekos4430 Před 5 lety +1

    Great work from someone who actually speaks English. Shame I havent found it 5 years ago, maybe then You would keep it coming. Thanks a lot, anyway.

  • @marthenka
    @marthenka Před 7 lety

    this is the explanation i was looking for, thank you!

  • @saurabh6132
    @saurabh6132 Před 4 lety

    I am subscribing to this channel on the basis of this video. The video is crystal clear and well explained, & the most important the person does not care about who is subscribing and this shows that his focus is on giving better videos. Hope you will upload the best quality videos related to Accounts and Finance basics.

  • @nathanc5747
    @nathanc5747 Před 9 lety

    This is a very simple explanation! Great job!

  • @marcelacolon9736
    @marcelacolon9736 Před 6 lety

    This explanation is super clear, thank you so much.

  • @its_eshababe
    @its_eshababe Před 9 lety

    Thanks Larry for the info really helps with what i'm doing now.....pls keep posting...

  • @andrezapereira9601
    @andrezapereira9601 Před rokem

    I loved it, super explanatory video, I needed more detailed information like this.

  • @thraveendra3745
    @thraveendra3745 Před 9 lety

    Great work Larry...! Please keep posting

  • @alexabacoanu3869
    @alexabacoanu3869 Před 6 lety

    It seems easy as you explain Sr. Thank you!

  • @mounirelaissaoui7977
    @mounirelaissaoui7977 Před 6 lety +9

    You must sell your accounting course in Udemy, the way how you break down the matter is so great

  • @appetite4chic878
    @appetite4chic878 Před 5 lety +6

    This was better than both of my accounting classes I took in college! Very helpful

    • @sirattalib265
      @sirattalib265 Před 4 lety +1

      Appetite 4 Chic
      Yeah it’s best way to understand

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @yanakasian5485
    @yanakasian5485 Před 3 lety

    Good explanation! Thank you so much. Complex accounting by simply words.

  • @danmaster9474
    @danmaster9474 Před 10 lety

    You explain very well. Thank you!!

  • @diganto1987
    @diganto1987 Před 9 lety

    Liked the way it is explained. Superb.

  • @demetriushenry5953
    @demetriushenry5953 Před 5 lety

    This was explained so much better than any of my professors in college

  • @lovedieyoung2846
    @lovedieyoung2846 Před 8 lety

    Thank you so much. This is the best lecture ever :)

  • @oregonstateintheusa9970

    Hi there!
    It was a very absorb tutorial video, please continue.
    Appreciate dude:)

  • @REPATHATHYALA
    @REPATHATHYALA Před 7 lety

    Thank you very much sir, You are indeed a professor... Your students are much more luckier.

  • @mark51107
    @mark51107 Před 6 lety +2

    Wowowow thanks this so very easy to understand! 👍🙂

  • @judyshurter-capps3788
    @judyshurter-capps3788 Před 3 lety

    THANK YOU< THANK YOU

  • @DJaydip
    @DJaydip Před 8 lety

    Thank you Larry...you made it so simple to understand...

  • @lockedon8953
    @lockedon8953 Před 8 lety +5

    OMG I wish you were my accounting professor. Thank you soo much for this!

  • @threeelancer
    @threeelancer Před 9 lety

    Clear and to the point. Thank you!

  • @uncapabrew4807
    @uncapabrew4807 Před 4 lety

    Where was U tube . Awesome you share . Had a not soo good teacher and yeah. Gave up ! Long story . But still perusing the knowledge. Thank you for sharing.

  • @jimmusiq
    @jimmusiq Před 8 lety

    Great ways of explaining Joe

  • @khendzievhie6694
    @khendzievhie6694 Před 8 lety +1

    Good Day Larry as an Information Technology student who were tasked to create a software about AP/AR, i have no idea on how AP/AR works, but when i saw your video i shared it to my classmates and we easily understand your explanation, Thanks for this meaningful video Larry :-) hope for more of your educational video.

  • @boitumelomofokeng6158
    @boitumelomofokeng6158 Před 4 lety

    Big ups I understood it better than these other tutors.

  • @aisha9040
    @aisha9040 Před 5 lety +1

    wish you taught accounting principles in UAE, you the best man xo

  • @DeViLTh0rn
    @DeViLTh0rn Před 5 lety +1

    Hello Sir!, Thank you so much! I really appreciate it! Your tutorial is so easy to understand. Now my Balance Sheet Balanced! hahahahhahaha May God Bless You and Have a nice day! Cheers

  • @Doeboyie
    @Doeboyie Před 4 lety

    Wow!! This is the best explanation i’ve seen. Thank you so so sooooo much

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @pamelacoleman4669
    @pamelacoleman4669 Před 3 lety

    Explained very well. Thanks Larry.

  • @emilyburson3878
    @emilyburson3878 Před 10 lety

    Thanks Larry, this was very clear and helpful. :)

  • @bechuanalandspotter8085

    my god!!!!! you are way better than my AC Lecture wowwwwww very clear

  • @fadwafuad4181
    @fadwafuad4181 Před 4 lety

    Thank you very much... You help lot.. Really really thank you..
    Your way in teaching is very interesting 😍😍

  • @silentknight872
    @silentknight872 Před 4 lety

    Thank you for a very simplified version of AR/AP

  • @HappyIndieCat
    @HappyIndieCat Před 7 lety

    hello Lerry, I am a language student and wanted to know about this topic the way of your explanation is quite easy. and i got ut very easily. I have been watching different videos but i was very confused and after watching your video I am confident now to give my interview. Thank you.

  • @aikaromania6448
    @aikaromania6448 Před 4 lety +1

    All these years in college how I mug up this account receivables payable thing . And now I understand the very simple concept .thank you so much sir . You are a wonderful teacher .

    • @masuoodahmad
      @masuoodahmad Před 3 lety +1

      czcams.com/video/tzvzRULQP4A/video.html

  • @sadieh4467
    @sadieh4467 Před 5 lety

    This helped so much, thank you!!

  • @thangtea18bec
    @thangtea18bec Před 4 lety

    This kind of explanation is what exactly i need

  • @dileepgurram09
    @dileepgurram09 Před 10 lety

    Crystal clear... Thanks, Larry...

  • @jublieairport8396
    @jublieairport8396 Před 7 lety

    explained in a simple and understandable way..Thanks a lot sir

  • @saikishorebolla7858
    @saikishorebolla7858 Před 7 lety +1

    Nice Explanation Thanks a lot

  • @JulioCesar-gf3ik
    @JulioCesar-gf3ik Před 3 lety

    Excellent explanation, congratulations!

  • @diontaedaughtry974
    @diontaedaughtry974 Před 6 lety

    Thank you this was very helpful and informative 👍👍

  • @NESTHERHORIVA
    @NESTHERHORIVA Před 4 lety

    Thank you so much! Your explanation is so easy to understand. Really helpful!

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @dileepkabir5255
    @dileepkabir5255 Před 5 lety

    such a great explanations
    thank you sir

  • @MegaLESM
    @MegaLESM Před 6 lety

    Thank you so much for posting this video.!

  • @huangsharon4638
    @huangsharon4638 Před 5 lety

    Thank you very much, You are the BEST!

  • @sivasakthikannan
    @sivasakthikannan Před 8 lety

    Great video Larry, looking for more videos on peoplesoft modules...:)
    Siva

  • @catalinalee1
    @catalinalee1 Před 5 lety

    Very clear explanation. Thanks!

  • @kayleenquillman6853
    @kayleenquillman6853 Před 7 lety

    I start my first day at my new job tomorrow and being unfamiliar with accounting, I was very intimidated. I was told I will be working with Accounts Receivable and Accounts Payable and after watching this video, I feel much more prepared, THANK YOU!

    • @herkload
      @herkload Před 5 měsíci +1

      Are you still working as an AP/R clerk?

  • @siddaashok4982
    @siddaashok4982 Před 6 lety

    Nice video and explanation is amazing sir.....Thanks

  • @Tomkr310
    @Tomkr310 Před 9 lety

    Wow... What an awesome professor.

  • @manusarna9869
    @manusarna9869 Před 6 lety

    very helpful in understanding the concept.Thanks

  • @jigarhb1
    @jigarhb1 Před 4 lety

    very nice and crystal clear. helped me a lot.

  • @arisenwakendui1630
    @arisenwakendui1630 Před 4 lety

    Very clear, thank you so much ❤

  • @marioclarke5796
    @marioclarke5796 Před 5 lety

    This is a great help to me. Thanks.

  • @anamaria-yh4zi
    @anamaria-yh4zi Před 7 lety +1

    really helpfull,thank you

  • @yourslife
    @yourslife Před 4 lety

    Larry, Thank you so much for the video now I understand.

  • @ossiespencer4982
    @ossiespencer4982 Před rokem

    You make this looks so easy.

  • @susanfophy7481
    @susanfophy7481 Před 4 lety

    This is a great refresher! Thanks !!

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @Brownsugar5329
    @Brownsugar5329 Před 4 lety +1

    Thank you for this video, this helped me tremendously.

    • @masuoodahmad
      @masuoodahmad Před 3 lety

      czcams.com/video/tzvzRULQP4A/video.html

  • @katrinanunez1434
    @katrinanunez1434 Před 3 lety

    Thank you for the wonderful explanation

  • @lenesmedea611
    @lenesmedea611 Před 3 lety

    I like the way you explained account receivable and account payable. I would like you to be my professr

  • @RemoPeter
    @RemoPeter Před 5 lety

    Larry, you are awesome!

  • @dtl945
    @dtl945 Před 7 lety

    super clear and helpful thank you!!

  • @GloriaCopeland563537
    @GloriaCopeland563537 Před 8 lety

    Thank you, you're great.