Accounting 101 Principles Explained

A series of 17 videos describing the essential ideas typically covered in a university-level accounting principles cours
19 reviews
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Accounting 101 Principles Explained

A series of 17 videos describing the essential ideas typically covered in a university-level accounting principles cours
19 reviews

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COURSE DESCRIPTION

A series of 17 videos describing the essential ideas typically covered in a university-level accounting principles course. Explains basic equations; debits and credits; the journal, ledger, and trial balance; and adjusting, correcting, closing, and reversing entries.

    • Over 15 lectures and 2 hours of content!

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CURRICULUM

  • SECTION 1:
    My First Section
  • 1
    Accounting 101 Part 03 Assets Liabilities Equity
    09:27
    Third in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This discusses the relationship among assets, liabilities, and equity.
  • 2
    Accounting 101 Part 04 Revenue Expense Net Income
    07:14
    Fourth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This discusses the relationship among revenues, expenses, and net income.
  • 3
    Accounting 101 Part 05 Beginning Adds Ending Deducts
    08:13
    Fifth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This is an important video because it explains a major idea that is not typically well covered in most accounting courses! It discusses the relationship among the beginning and ending balances of, additions to, and deductions from, any element on a balance sheet.
  • 4
    Accounting 101 Part 06 Debits Credits
    09:57
    Sixth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains what debits & credits are and how they work.
  • 5
    Accounting 101 Part 07 The Map For Debits Credits
    09:08
    Seventh in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This is an important video for students just beginning to struggle with basic journal entries. It explains a simple memory trick to recall how debits & credits work.
  • 6
    Accounting 101 Part 08 Journal Ledger
    09:45
    Eighth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This discusses the general journal and general ledger.
  • 7
    Accounting 101 Part 09 Trial Balance Temporary Accounts
    06:06
    Ninth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This discusses the trial balance and temporary accounts.
  • 8
    Accounting 101 Part 10 Intro to Adjusting Entries
    Upcoming
    Tenth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains why we need adjusting entries.
  • 9
    Accounting 101 Part 11 Grid for Adjusting Entries
    09:07
    Eleventh in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This is an important video because it explains succinctly the logic of all possible adjusting entries. It explains how to analyze the six adjusting entry scenarios.
  • 10
    Accounting 101 Part 12 Grid for Adjusting Entries Illustrated
    09:56
    Twelfth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains why deferrals are often recorded in Income Statement accounts and how that affects the adjusting entries; it also illustrates each of the six adjusting entry scenarios.
  • 11
    Accounting 101 Part 13 Correcting Entries
    09:05
    Thirteenth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains how errors sneak into accounting information, how to discover them and, finally, how construct correcting entries.
  • 12
    Accounting 101 Part 14 Effects of Errors
    08:49
    Fourteenth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This is an important video because the topic is a strong predictor of overall performance in the first year of accounting study. It demonstrates how to analyze the effects that errors have on financial reports.
  • 13
    Accounting 101 Part 15 Closing Entries
    06:51
    Fifteenth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains closing entries.
  • 14
    Accounting 101 Part 16 The Big Picture
    06:51
    Sixteenth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains the overall process by which financial reports are constructed.
  • 15
    Accounting 101 Part 17 Reversing Entries
    07:48
    Final segment in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This explains reversing entries.

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AVERAGE RATING
NUMBER OF RATINGS
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REVIEWS

  • Moutasem Al Awa
    Lovely course, and to the point

    This course is so good specially for beginners. I am a software developer and just wanted to have a strong intro to give me better understanding of my existing project and that's what exactly this course offers.

  • Elaine Montalto

    Was a good course, although Video 8 has been removed?

  • Helen Dakin
    well done

    nice simple explanations. I learned a few things with this course that I did not realize before. worth taking and for reviewing the basics. I like the 'bucket' approach!

  • Bhavani Rajaram
    Accounting 101 Principles Explained

    Very nice and step by step explanation of financial accounting transactions from start till year end finalization of accounts.

  • Tian.luan@gruden.com
    Clear and informative!

    this basic accounting course is great.

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