Accounting–Debits & Credits–Presentations Only-Bookkeeping

Explore why learning accounting matters, define what accounting is, and explain the objectives of accounting to build a foundational understanding.

Identify key accounting objectives—relevance, reliability, and comparability—and explain the accounting equation and its use in double-entry bookkeeping, while examining ethics in the accounting profession.

Access a downloadable pedia file to supplement the instructional video in this accounting presentation, clarifying why learn accounting.

Learn why to study accounting, explore financial and managerial accounting concepts, and see how sole proprietor, partnership, and corporation shape the accounting cycle and reporting.

Download the pedia file to supplement the instructional video in this accounting presentation. Use the downloadable resource to reinforce debits and credits concepts aligned with accounting objectives.

Examine the accounting objectives of relevance, reliability, and comparability and apply them to financial statements used by external users such as investors and banks.

Access a downloadable pedia file to supplement the instructional video on double entry accounting and the accounting equation.

Explore the accounting equation, where assets equal liabilities plus equity, and how this balance guides the double-entry system, including debits and credits and various transaction views.

Explore financial statements by examining the balance sheet, its components and relation to double-entry accounting, the income statement and its calculation, and the statement of equity and its components.

Describe the balance sheet as of a point in time, detailing assets, liabilities, equity, asset categories like cash, supplies, land, building, auto, and the assets equal liabilities plus equity equation.

Download a downloadable pedia file to supplement the balance sheet explained video. Use the file alongside the instructional video to reinforce debits and credits concepts for bookkeeping.

Examine the income statement explained in PDF 1.20, with a downloadable pedia file to supplement the instructional video.

Explain the income statement's purpose, revenue and expense components, and the month ended period. Illustrate how net income equals revenue minus expenses and increases equity for owners.

Download a pedia file to supplement the instructional video, reinforcing the statement of owner's equity covered in this accounting debits and credits presentation.

Describe the statement of owner's equity, including beginning and ending equity, key components (investments, net income, draws or dividends), and the reconciliation from beginning to ending balance.

Explore the balance sheet and income statement, their parts, and how the income statement ties to equity within the double-entry system and the accounting equation: assets equal liabilities plus equity.

Examine the revenue recognition principle through the PDF presentation and use a downloadable pedia file as a supplement to the instructional video.

Recognize revenue under the revenue recognition principle when the work is done, not when cash arrives. Use accounts receivable or IOUs for future payment after invoicing.

Compare the accrual and cash methods, explaining revenue and expense recognition, revenue recognition principles, and the matching principle, including pros and cons and where they align or differ.

Access a downloadable pedia file that supplements the instructional video on cash vs accrual concepts, reinforcing learning in bookkeeping and debits and credits.

Compare the cash method and accrual method to understand when revenue and expenses are recognized, highlighting timing differences and related accounts like cash, accounts receivable, accounts payable.

Access a downloadable pedia file to supplement the instructional video. Explore ethics, profession, and generally accepted accounting concepts in this debits and credits course presentation.

Master the five financial transaction rules and the thought process for recording transactions with the double-entry system, the accounting equation assets equal liabilities plus equity, and a systematic workflow.

Access a downloadable pedia file that supplements the instructional video on transaction rules for the accounting equation, enhancing understanding of debits and credits in bookkeeping.

Learn transaction rules that keep the accounting equation in balance by recording journal entries with at least two affected accounts, spanning assets, liabilities, and equity.

Access a downloadable pedia file to supplement the instructional video, aiding understanding of financial transactions and bookkeeping concepts.

Apply a structured transaction thought process to record transactions using the accounting equation, prioritizing cash and ensuring at least two accounts remain in balance, with later debits and credits.

Record transactions using the accounting equation by examining cash transactions, accounts payable, and accounts receivable within the revenue cycle.

Analyze cash transactions and record them with the extended accounting equation, linking revenue and expenses to net income and equity through debits and credits.

Access a downloadable pedia file that supplements the instructional video on the accounting equation and business transactions involving accounts.

Access the next presentation and download a pedia file to use as a supplement to the instructional video, reinforcing the accounting equation and business transactions involving account.

Apply the accounting equation to accounts payable transactions by recording purchases on account, payments, and their effects on assets, liabilities, and equity.

Access the downloadable pedia file to supplement the instructional video on double entry accounting, including debits and credits and the accounting equation.

Define debits and credits and explain their roles in the double-entry accounting system, outlining the rules that govern when debits or credits increase or decrease, with a board-game analogy.

Learn how debits and credits drive the double-entry system, relate to assets, liabilities, and equity, and how revenue and expenses affect the balance sheet and income statement.

Explore the basics of debit and credit with a downloadable pedia file that supplements the instructional video.

Apply debits and credits to make accounts go up or down using normal balances as a cheat sheet, then construct journal entries across assets, liabilities, equity, revenue, and expenses.

Explore the debit and credit rules and the thought process for constructing transactions, and examine the trial balance formats and components to move financial records forward smoothly.

Learn a systematic thought process for recording journal entries with debits and credits, starting with cash and applying rules to assets and liabilities via practical examples.

Access a downloadable pedia file to supplement the instructional video on trial balance, providing an optional resource for quick reference and practice.

Explore the trial balance—its objectives, components, and role in linking journal entries and the general ledger to financial statements, with emphasis on debits, credits, and Excel formatting.

Learn to record cash transactions using debits and credits, starting with cash to reflect the accounting equation and the fact that cash appears in most transactions.

Access the downloadable pedia file that supplements the instructional video for the pdf lecture on business transactions involving cash.

Learn to record cash transactions with debits and credits, analyze effects on assets, liabilities, equity, revenue, expenses, and net income, and post to a worksheet.