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National Income and Product Accounts Top # 16 Facts
 
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National Income and Product Accounts Top # 16 Facts
Views: 312 Jalkar Kaustubh
National income - GDP GNP NDP NNP Explained - Indian Economy Part 11 - Concepts of Macro Economics
 
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Download Videos PPTs - https://goo.gl/X8UMwF || Join #StudyIQ on Telegram - https://goo.gl/xBR3g8 || #Pendrive_Courses for Various Govt. Exams. Click here to know more - https://goo.gl/aTFK6Q or #Call_9580048004 or Live Chat Support - https://goo.gl/s68PZ1 UPSC/CSE 2019 - https://goo.gl/UrCD46 SSC & Bank - https://goo.gl/9LQ4Ai UPSC Optionals - https://goo.gl/rtmXRU State PSCs - https://goo.gl/FDB32q Defence Exams - https://goo.gl/UEmtRz SSC JE Exams - https://goo.gl/2WyU1Z RBI Grade B - https://goo.gl/PY32m6 NABARD Grade A - https://goo.gl/C6CzAL DMRC Exams - https://goo.gl/yDnvyf Insurance Exams - https://goo.gl/iLEFxf CLAT 2019 - https://goo.gl/Burjtj Railway Jobs - https://goo.gl/5KaL7h Teaching Jobs - https://goo.gl/q117TX UPSC Prelim 2019Test Series -https://goo.gl/zkCG51 Free PDFs - https://goo.gl/cJufZc || Free Quiz - https://goo.gl/wCxZsy || Free Video Courses - https://goo.gl/jtMKP9" Follow us on Facebook - https://goo.gl/iAhPDJ Telegram - https://t.me/Studyiqeducation The Hindu Editorial Analysis - https://goo.gl/vmvHjG Current Affairs by Dr Gaurav Garg - https://goo.gl/bqfkXe UPSC/IAS Burning Issues analysis- https://goo.gl/2NG7vP World History for UPSC - https://goo.gl/J7DLXv Indian History - https://goo.gl/kVwB79 Follow us on Facebook - https://goo.gl/iAhPDJ Follow Dr Gaurav Garg on Facebook - https://goo.gl/xqLaQm UPSC/IAS past papers questions - https://goo.gl/F5gyWH SSC CGL + IBPS Quantitative tricks - https://goo.gl/C6d9n8 English Vocabulary - https://goo.gl/G9e04H Reasoning tricks for Bank PO + SSC CGL- https://goo.gl/a68WRN Error spotting / Sentence correction https://goo.gl/6RbdjC Static GK complete- https://goo.gl/kB0uAo Complete GK + Current Affairs for all exams- https://goo.gl/MKEoLy World History - UPSC / IAS - https://goo.gl/kwU9jC Learn English for SSC CGL, Bank PO https://goo.gl/MoL2it Science and Technology for UPSC/IAS - https://goo.gl/Jm4h8j Philosophy for UPSC/IAS - https://goo.gl/FH9p3n Yojana Magazine analysis -https://goo.gl/8oK1gy History for SSC CGL + Railways NTPC - https://goo.gl/7939eV
Views: 154531 Study IQ education
Introduction to concepts of National Income
 
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In the tutorial, we will talk about 1. GDP 2. GNP 3. NNP 4. NNP at Factor Cost 5. Personal Income 6. Disposable Personal Income You can download the PDF version of this video here: http://imojo.in/incomemeasures Also, like us on Facebook: https://www.facebook.com/targetiaspage
Views: 105385 Target IAS
Measuring GDP using the Income Approach and the Expenditure Approach - HD
 
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GDP is generally understood to represent the health of a nation's economy, and most people realize that if GDP is growing, things are going well, while if it's falling things have turned sour in the economy. But what, precisely, does GDP measures? There are two primary methods for measuring GDP, which should yield the same result even though they measure completely different factors. -The income approach: measures the total incomes earned by households in a nation in a year. -The expenditure approach: measures the total amount spent on the goods produced by a country in a year. By examining the circular flow model of a nation's economy, we can demonstrate why every dollar earned by a household in a nation's resource market will ultimately be spent in the product market, or leaked through taxes, savings, and import spending, leading to injections in the form of government spending, investment and export sales. In the video lecture below, the two methods for measuring GDP are introduced, and the various components it includes are explained in detail. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 295194 Jason Welker
Macro Unit 2.1- GDP and Economic Growth
 
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In this short video I explain GDP, the components of GDP, and what is not included in the Gross Domestic Product. Thanks for watching, please subscribe If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji
Views: 373280 Jacob Clifford
Macro Unit 2 Summary- Measuring the Economy
 
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Hey, this is Jacob Clifford and welcome to the Macro Unit 2 Summary. This unit is about measuring the economy and covers topics like GDP (1:04), the business cycle (6:15), unemployment (7:28), the types of unemployment, the natural rate of unemployment, inflation (12:14), CPI, GDP deflato (17:59), and the causes of inflation (19:52). It also includes a pretty awesome Bonus Round (11:23). Be sure to subscribe and get the ultimate review packet. Thanks for watching. Get the packet and support ACDCEcon http://www.acdcecon.com/#!review-packet/czji Practice Multiple Choice Questions for Macro Unit 2 https://www.youtube.com/watch?v=Ks5MBWBdmQo Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3... Microeconomics Videos https://www.youtube.com/watch?v=swnoF... Watch Econmovies https://www.youtube.com/playlist?list... Follow me on Twitter https://twitter.com/acdcleadership
Views: 541931 Jacob Clifford
ebay Inventory simple bookkeeping, taxes, and accounting
 
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eBay Accounting and Bookkeeping simplified. Tips and Techniques I use. Adams Monthly Bookkeeping Record https://www.officesupply.com/office-supplies/paper-pads/notebooks-pads-filler-paper/accounting-columnar-record-books-pads/adams-monthly-bookkeeping-record/p3335.html?ref=pla&cid=ad-pla-non-brand&product_id=3335&adpos=1o3&creative=82620384393&device=c&matchtype=&network=g&gclid=CjwKEAjwzKPGBRCS55Oe46q9hCkSJAAMvVuMw6Syr9CT0Sl3A9HvgT5yTIvjuPvTtfyRddCtOWKnIxoC6jjw_wcB Link For Electronic Dome Simplified Bookkeeping http://www.softwarebydome.com/videos.html follow me in Instagram https://www.instagram.com/justanotherseller/ join my Facebook group https://www.facebook.com/groups/1275436519138381/
Views: 41168 Ambitions Out Loud
Macroeconomics: Crash Course Economics #5
 
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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and monetary policy and inflation and policy. We need this stuff, because if you don't have a big picture of the economy, crashes and panics are more likely. Of course, economics is extremely complex and unpredictable. Today we'll talk about GDP as a measure of a country's economic health, the basics of economic analysis, and even a little about full employment, unemployment Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1166241 CrashCourse
Excel for Accounting: Formulas, VLOOKUP & INDEX, PivotTables, Recorded Macros, Charts, Keyboards
 
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Download file (ALL THE WAY AT BOTTOM OF PAGE): http://people.highline.edu/mgirvin/excelisfun.htm Keyboards 0:01:47 Jump: Ctrl + Arrow 0:02:20 Go To Cell A1: Ctrl + Home 0:02:36 Highlight column: Click, Shift, Click 0:02:50 Toggle Ribbon tabs On/Off: Ctrl + F1 0:03:18 Format Cells dialog box or in a chart Format Chart dialog box: Ctrl + 1 0:03:40 Currency Number Format: Ctrl + Shift + 4 0:04:08 Highlight column: Ctrl + Shift + Arrow0:04:20 Currency Vs Accounting Number Format 0:05:00 Alt keys: 0:05:47 PivotTable: Alt, N, V, T 0:05:47 PivotTable 2003: Alt, D, P 0:05:47 Page Setup: Alt, P, S, P 0:05:47 SUM: Alt + = 0:08:38 "Put thing in cell and move selected cell up": Shift + Enter 0:09:35 "Put thing in cell and keep cell selected": Ctrl + Enter 0:09:35 Select sheet to right: Ctrl + PageDown 0:11:11 Select sheet to left: Ctrl + PageUp 0:11:11 Number Formatting As Façade: 0:11:52 Decimal Number Format 0:12:38 Date Number Format 0:13:56 Keyboard for today's hard caded date: 0:13:56 Time Number Format 0:17:10 Percentage Number Format 0:21:25 Efficient Formula Creation 0:25:01 Excel's Golden Rule: If a formula input can vary, put it in a cell and refer to it in the formula with a cell reference 0:25:01 Formula elements, types of formulas, types of data 0:25:01 Monthly Allocation Formula: illustrate formula input that can be hard coded into formula 0:27:00 Tax (inefficient formula): illustrate formula input that can should NOT hard coded into formula 0:27:35 Tax (efficient formula): illustrate Golden Rule 0:27:35 Net Cash In formula: illustrate Golden Rule 0:27:35 Net Income formula: illustrate formula with built-in function within a larger formula 0:30:00 In Balance? formula: illustrate Logical formula 0:30:40 First & Last Name Join Formula: illustrate Text formula 0:31:54 COUNTIF formula: illustrate counting with criteria 0:33:29 COUNTIF & Label formula: illustrate counting with criteria and how the join symbol is used with criteria 0:34:19 Clear Formatting 0:35:50 SUMIFS to add with two criteria 0:36:21 SUMIFS to add between 2 dates 0:38:08 Count workdays formula to illustrate new Excel 2010 function NETWORKDAYS.INTL 0:41:46 Relative and Absolute Cell References 0:41:46 Mixed cell references in budget formula 0:43:58 Lookup Formulas 0:49:50 VLOOKUP to lookup product price: illustrate Exact Match lookup 0:49:50 Data Validation List: 0:53:10 VLOOKUP and IFERROR 0:55:13 VLOOKUP to lookup commission rate: illustrate Approximate Match lookup 0:56:45 Retrieve record (2-way lookup) with VLOOKUP and MATCH 0:59:53 MATCH, ISNA and ISNUMBER functions to compare 2 lists 1:03:38 INDEX and MATCH to lookup Left 1:07:00 Pivot Tables 1:10:02 Proper Data Set 1:10:02 PivotTables Pivot Tables are Easy 1:12:00 Visualize Table First 1:12:00 Adding with One or Two Conditions (Criteria) 1:12:00 Report Layout 1:16:58 Number Formatting 1:17:44 Style Formatting, Create Your Own 1:19:05 Pivoting 1:21:21 Listing Two Fields in Row Labels 1:21:21 Collapsing Pivot Table Row 1:21:59 Changing Calculation: SUM to AVERAGE 1:22:42 Adding with Three Criteria 1:23:29 Filtering a Row (Show Top Two Regions), Clear Filter 1:24:46 Filter whole report with Report Filter 1:25:55 Show Report Filter Pages (30 PivotTables with 1 click) 1:27:55 Filter whole report with Report Filter or Slicer 1:28:30 Compare Formulas and PivotTables 1:30:13 Grouping Dates in PivotTables 1:33:42 Difference between Grouping Integers and Grouping Decimals 1:35:41 Pivot Chart 1:39:00 Show Values As: 1:40:45 Copy PivotTable 1:41:43 Running Totals & % Running Totals 1:42:00 % of Grand Totals, % of Column Total, % of Row Total 1:43:01 Difference From, % Difference From 1:44:17 Multiple Calculation in one PivotTable 1:46:26 Creating Second PivotTable from Second Cache of data using Excel 2003 keyboard shortcut for 3-step Wizard 1:47:54 Blank in number field causes PivotTable to Count by Default 1:49:30 Text in Date field prohibits Grouping of Dates 1:50:09 Recorded Macros For Reports: Basic Recorded Macro 1:51:05 Absolute References and save in Personal Workbook 1:55:10 How to trick the Macro Recorder into seeing a variable height report using Relative References 2:00:51 Rearrange records from vertical orientation to proper table using Relative References 2:09:01 Charts 2:13:35 Chart Types 2:13:35 Column Chart and How The Chart Wizard Interprets Data From Cells 2:17:48 Chart keyboards (Create Default Chart) 2:18:10 Select Data Source Dialog Box 2:20:30 Linking Chart Title to Cells 2:23:09 Saving Chart Templates 2:25:43 Setting Default Charts 2:26:48 Copy Charts 2:27:45 Bar and Stacked Bar charts 2:27:57 Line Chart & Change Source Data 2:31:39 Number Formatting to show "K" or "M" 2:34:52 Line Chart vs. X Y Chart 2:35:53 X Y Scatter 2:36:45 X Y Scatter Line Break Even Analysis Chart 2:41:28 Multiple chart types 2:42:42 Washington Accounting Association Excel 2013 Buy excelisfun products: https://teespring.com/stores/excelisfun-store
Views: 3155107 ExcelIsFun
Accounting for Warranty Expense
 
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This video explains how to accrue warranty expense using the accrual method. It also illustrates how to apply the accrual method with an example, and highlights the differences between the cash basis and accrual basis for warranty accounting. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.EducationUnlocked.org/ To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 28485 Edspira
Intangible Assets/Intangible assets accounting
 
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Intangible assets are identifiable long-term assets of a company having no physical existence. In this video, you will find the intangible assets list, type, amortization, goodwill example and presentation in noncurrent area of the balance sheet. Assets: https://www.youtube.com/watch?v=GHOjFzP5gmM Facebook page: https://www.facebook.com/accountingPlusS/ Reference: https://www.studiestime.com/content/136-Intangible-assets-are-a-listed-under-current-assets-on-the-balance/47021/ For example, Goodwill, copyright, trademarks, and patents, etc I hope, you have understood the definition of intangible assets. If you did not understand, then you must stop the video and go to the back and watch again. Let me discuss few famous example of intangible assets. Intangible assets Examples Goodwill Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Let me ask my friend Jon. Jon can you give a better example to explain the goodwill. Thanks for requesting Sarra, Let me provide an example of goodwill in practically real time business. Let say, Company A bought Company B. The fair value of company B all assets are equal to $25,000, and Company A had paid $30,000. The $5,000 of the high amount of the Company A paid is Goodwill value of the company B. Let explain other examples Patent A patent is the exclusive, legal right to use a process or create and sell a product for 20 years. Copyright An exclusive right granted by the federal government to publish and sell various works. Trademark A trademark is a legal right to exclusively use a symbol, name, phrase, song, or logo. Other intangible assets franchise agreements, marketing rights, video, computer software, databases and trade secrets, etc Balance Sheet Intangible assets are reported on the balance sheet in long-term assets area. Fixed Assets or long term Assets • Property plant and equipment’s • Intangible Assets In Balance Sheet Representation of intangible assets. In this example, you will note the point of representation of intangible assets. Here you see, intangible assets is part of long-term assets. It is showing below property plant and equipment and long-term assets. Intangible assets amortization In the context of intangible assets accounting, amortization is the process of charging the cost of an intangible asset as expense over its useful life. It’s the same concept like Depreciation for tangible fixed assets. For intangible assets, we use the word amortization. But Depreciation or amortization both have the same idea. After the understanding the idea of amortization. Now we will learn the accounting entries for amortization. First, we need to understand the formula for amortization. Formula for amortization The popular straight-line method is used for amortization of the intangible assets. Formula for amortization Amortization = Cost of intangible assets less salvage value divided by useful life Cost of intangible assets less salvage value = Amortizable Cost intangible assets amortization journal entry Amortization Expense is debit Accumulated amortization is credit After calculation of amortization expense amount. Then we will write Journal entry Amortization Expense debit and credit Accumulated amortization. Let me explain this point again, For example, A company buys the Patent $10,000 and useful life is 10 year and 0 salvage valve. Amortization expense = ($10,000-$0)/ 10 = $1,000 Journal Entry is Amortization Expense-Patent Debit $1,000 Accumulated amortization –Patent Credit $1,000 Effect of this entry The Amortization Expense will go to the income statement and reduce the income of the company. The Accumulated amortization will go to balance sheet as a contra account and less from cost of the intangible assets. Let me show you presentation of intangible assets in balance sheet. I hope, you have understand the definition, examples of intangible assets, amortization and presentation in balance Sheet. Open source: http://accountinghw.com/ http://investopedia.com/ https://www.studiestime.com/content/127-A-loss-on-disposal-of-a-capital-asset-is-reported-in-the-financial/49032/ https://en.wikipedia.org/wiki/Intangible_assets
Views: 6924 Accountingplus
Analytical Accounting in Odoo - How to setup analytic accounting
 
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For more Odoo videos, visit http://www.odooclass.com To learn more about this specific Odoo training video go here: http://www.odooclass.com/shop/product/analytic-accounting-in-odoo-8-27 This video demonstrates step by step how to setup analytical accounting in Odoo (formally OpenERP). Analytical accounting allows you to tracks income and expenses in accounts outside your normal general ledger accounts you have configured. In this video example we look at how you can setup an analytic account in Odoo and how it integrates with the project manager to simplify much of the configuration. For the complete video and more advanced videos on Odoo Accounting & Finance visit OdooClass.com
Views: 20832 OdooClass.com
AIM GLOBAL 7 ACCOUNTS BIG INCOME & LIFETIME INVESTMENT  (6980)
 
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Want to know more? send me a msg whatsapp/viber/wechat/imo +639366978630 https://web.facebook.com/christel.orias
Views: 614 Christel Orias
eBay Spreadsheet- How I Track my Income & Expenses!
 
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Come check out how I organize my eBay spreadsheet and what information is important for me to track. Please know, I am NOT a professional and it is best to talk to your CPA for any questions that are specific to your business;)
Views: 42472 Bethany Beldner
Calculating Gross Domestic Product
 
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This video explains how to calculate Gross Domestic Product mathematically and goes through a numerical example. It also shows how to calculate the percentage change in GDP from year to year. For more information and a complete listing of videos and online articles by topic or textbook chapter, see http://www.economistsdoitwithmodels.com/economics-classroom/ For t-shirts and other EDIWM items, see http://www.economistsdoitwithmodels.com/merch/ By Jodi Beggs - Economists Do It With Models http://www.economistsdoitwithmodels.com Facebook: http://www.facebook.com/economistsdoitwithmodels Twitter: http://www.twitter.com/jodiecongirl Tumblr: http://economistsdoitwithmodels.tumblr.com
Views: 162254 jodiecongirl
Pakistan's National Income Accounts
 
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11 05 2018 -- lecture on details of how Pakistan National Income Accounts are prepared by Ateequr Rahman, Director, National Income Accounts at Pakistan Bureau of Statistics.
Views: 71 Asad Zaman
Absorption Costing
 
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This video explains the concept of Absorption Costing in Managerial Accounting. A comprehensive example is provided to explain how absorption costing is used to calculate per unit product costs as well as to create an absorption costing income statement. The video also contrasts the absorption costing method with the variable cost method and discusses how the use of absorption costing can lead to distorted measures of profitability and perverse managerial incentives. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 216137 Edspira
[#2]Cost sheet with Inventories [Comprehensive Problem] Cost Sheet tutorial by:- Kauserwise
 
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Here is the video about Cost sheet with Inventories - comprehensive problem in Cost accounting, In this video we have done a Comprehensive problem on Cost Sheet, and We explained briefly what is cost sheet, order of cost sheet classifications and cost sheet format. hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statisctics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 201921 Kauser Wise
How Sisters Making $180K in Brooklyn Spend Their Money | Honest Accounts | Glamour
 
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A 23-year-old political consultant making $65K and her sister a 28-year-old product developer making $115K living in Brooklyn show us what everything in their life costs. Still haven’t subscribed to Glamour on YouTube? ►► http://bit.ly/2gYlQqe How Sisters Making $180K in Brooklyn Spend Their Money | Honest Accounts | Glamour
Views: 234440 Glamour Magazine
What Is the Factor Income Approach?
 
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The factor income approach, or simply income approach, measures gross domestic product (GDP) by adding up employee compensation, rent, interest, and profit. ----------------------------------------------------------------------------------------- Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Dictionary of Economics Course: http://bit.ly/2u2BF55 Additional practice questions: http://bit.ly/2GcaycJ Ask a question about the video: http://bit.ly/2u4blr5 Help translate this video: http://bit.ly/2FQ1ISk
What are GDP and National Accounts? Interactive Course Preview
 
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Our GDP and National Accounts Course will help you better understand the different kinds of national accounts. A nation's economic activity can be divided into the gross national product and national income. National income can be measured at a factored cost and earnings of property and labor, which happens to arise in a nation’s current production of services and goods. The GDP, otherwise known as the gross national product is the overall market value of services and goods. This is before the deduction of depreciation charges and any other allowances for capital goods. These specific basic measures are distinguished by terms like “NI,” which means “factor cost of national income" and the “GDP”, which "market price national income." At the end of very chapter in the GDP and National Accounts Course, you will be prompted with quizzes that will test your knowledge and help you better retain what you just learned. http://www.globalfinanceschool.com/product-display/gdp-and-national-accounts
Views: 341 globalfinanceschool
Contribution Margin and Break Even Points (Cost Accounting Tutorial #13)
 
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Full Crash Course on Udemy for $9.99! http://bit.ly/2DfGBXu We go over some equations that are brought up within the CVP (cost-volume profit) chapter like how to calculate break even points for units and total dollars. I explain what the contribution margin is and also show how it applies to break even points. Website: http://www.notepirate.com Follow us on Facebook: https://www.facebook.com/pages/Note-Pirate/514933148520001?ref=hl Follow us on Twitter: http://twitter.com/notepirate We appreciate all of the support you guys have given us. Be apart of the mission to help us reach more students by subscribing, thumbs upping and adding the videos to your favorites! ** Notepirate is privately owned and exclusive to Notepirate.com.**
Views: 100736 Notepirate
Accounting Basics Lesson 8:  Selling A Product, Revenue Accounts, Cost of Goods Sold Accounts
 
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http://Freeaccountingschool.com. In this tutorial, accountant Daniel Dickson answers the following questions: How do you record the sale of a product using double-entry accounting? What is Sales Revenue? What is a Sales Revenue Account? What is a Cost of Goods Sold Account?
Views: 37663 Daniel Dickson
How To Find Instagram Influencers To Explode Your eCommerce Sales (BRAND NEW!)
 
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Views: 103559 Kevin David
3 Types of Manufacturing Costs (Direct Materials, Direct Labor, Manufacturing Overhead)
 
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This videos identifies and defines the three types of manufacturing costs: Direct Materials, Direct Labor, and Manufacturing Overhead. The video also provides examples of each type of manufacturing cost to better illustrate the concepts. Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin
Views: 138738 Edspira
How to run Profit and Loss Report for selective accounts from Chart of Accounts in QuickBooks Online
 
05:21
How to create a profit and loss report for selective accounts from our chart of accounts. Can this be done in new QuickBooks Online QBO? Let's say in this example, you want to run profit and loss report for only two specific accounts from the chart of accounts: Sales of Product Income Costs of Goods Yes, you can pull P&L report for those two accounts only in QuickBooks Online. Here's how to start from the home page screen: Click on the Reports link on the left hand side blue navigation bar of your screen When the reports screen loads for you, there should be a Go to report search bar for you in the center of that screen Go ahead and type Profit and Loss into that search bar At that point, you can select the Profit and Loss report you would like to see. When it loads, you can alter the date range to show just the time range you need that report for. Click Customize button on the upper left corner Select Lists under Customize Profit and Loss Go to Distribution Account and choose Select Multiple New Select Accounts to Include in Report will open Add this point, you just need to choose Add button to add accounts In this example, we want to add Sales of Product Income account and Cost of Goods Sold account from the list which is the Company's Chart of Accounts Click OK button Click Run Report button It will take few seconds to load the revised report. Review it and choose Save Customization button if needed to memorize this report. I hope this helps! All the best to you. Thank you for watching this how to You Tube video. Like us ~ Subscribe us. Visit http://NewQBO.com for new QuickBooks Online resources Once again, visit http://NewQBO.com Thank you again!!!
Views: 4173 QuickBooksQBO
ASSET vs LIABILITY (Financial Literacy Series - Liabilities and Assets)
 
07:13
In this episode of our Financial Literacy Series, Matthew Pillmore, president of VIP Financial Education, discusses liabilities and assets. Let's answer the question what is asset, then compare asset vs liability - what do these mean in personal finance, business finance, financial accounting, cash flow, and a balance sheet? Matt also discusses the upcoming coaching changes - make sure you watch the entire video! Don't forget to sign up TODAY for your exclusive one on one consultation at: http://www.FreeCoachingCalendar.com Our coaching costs can change with demand. To see our current pricing please watch this video: https://www.youtube.com/watch?v=HbVLmCvFjoI Watch our entire Financial Literacy Series: https://www.youtube.com/watch?v=Tr5zTX1bbCE&list=PLN2grBK2mxu6STg9mhnX8eTByroER5ti4 Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!! Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ CONTEST RULES: In order to be eligible for the ongoing contests you must: A) Be Subscribed B) Comment on this video (We’d love to hear what you’ve learned from our channel and how it is impacting you!) Each time you comment on a new video your name will be entered into the contest drawing, so the more you comment on the videos, the better your chances of winning! You can also gain additional entries by sharing our video on your social media accounts or by commenting on our Instagram or Facebook accounts. Current coaching members are also eligible for the contest! CONTEST PRIZE: $25 Amazon Gift Card 1 winner selected each week to the end of 2018. Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. This video is all about assets vs liabilities rich dad poor dad, assets vs liabilities balance sheet, finance basics, cash flow, current liabilities, current asset, intangible assets, gross profit, wealth, rich, financial coach, and more.
Views: 645 VIPFinancialEd
How To Keep More of Your Retirement Income! (Automatic 401k Transfers)
 
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In today's episode, Matthew Pillmore, president of VIP Financial Education discusses how to keep more of your retirement income by using the new automatic 401k transfers! Thanks to the Labor Department, it will now be easier and more cost effective to transfer from one 401k to a new 401k retirement account. Learn more about this financial news in today's video! Learn More About Alternative Retirement Options… https://www.youtube.com/watch?v=B-MwruxXQrg …Like the Infinite Banking Concept! https://www.youtube.com/watch?v=5R0t3MbiUPY https://www.youtube.com/watch?v=8Mv_k11Uzx4 https://www.youtube.com/watch?v=588mGSWzcE8 Don't forget to sign up TODAY for your exclusive one on one consultation at: http://www.FreeCoachingCalendar.com Our coaching costs can change with demand. To see our current pricing please watch this video: https://www.youtube.com/watch?v=HbVLmCvFjoI Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!! Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ CONTEST RULES: In order to be eligible for the ongoing contests you must: A) Be Subscribed B) Comment on this video (We’d love to hear what you’ve learned from our channel and how it is impacting you!) Each time you comment on a new video your name will be entered into the contest drawing, so the more you comment on the videos, the better your chances of winning! You can also gain additional entries by sharing our video on your social media accounts or by commenting on our Instagram or Facebook accounts. Current coaching members are also eligible for the contest! CONTEST PRIZE: $25 Amazon Gift Card 1 winner selected each week to the end of 2018. Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content. retire early, economy, 401k cash out early, 401k transfer vs rollover, retirement income, financial, finance, 401k plan, 401(k), 401k explained, retirement income planning, ira rollover, how to keep more money.
Views: 1417 VIPFinancialEd
Accounts Receivable on the 3 Financial Statements
 
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What is Accounts Receivable ("AR")? Why This Question Matters? What happens when AR goes up? What happens when it goes down? By http://breakingintowallstreet.com/ "Financial Modeling Training And Career Resources For Aspiring Investment Bankers" Here's an outline of what we cover in this free tutorial: 1. Why This Question Matters This one is both a "real world" scenario, AND a very common question in interviews. 2. What is Accounts Receivable ("AR")? Line item on Balance Sheet for cash that you still need to collect from customers. Recorded it as revenue, but haven't received the cash payment from them yet (Like an "IOU"). Sent invoice and delivered product, but still waiting on payment from customer. (Standards differ a bit by company and industry, but that's the basic idea) 3. What happens when AR goes up - record revenue and profit, but no cash received yet... so cash goes down! Intuition: Recorded paper profit that you haven't actually gotten in cash yet... But those taxes you pay on that profit ARE in cash! So you're paying extra taxes for profit you don't have yet, which reduces your cash. 4. What happens when AR then goes down after you've collected the cash - no changes on IS, but cash now INCREASES to reflect the collection, AR decreases, and other side balances via Retained Earnings. Intuition: AR "going down" means a cash collection has taken place... but the revenue, profits, and taxes you've recorded don't change. So all you do is REMOVE the cash decrease on the CFS... And cash on the Balance Sheet is now up, with Retained Earnings up on the other side to balance it. 5. Summary & Intuition Behind Each Step. Click the link below and go to "Files & Resources" to get this Excel file for yourself. http://breakingintowallstreet.com/biws/3-statement-excel-model-interview-questions/
Income Potential of 15 accounts (AIM Global) - Coach Lester
 
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To learn more, go to http://coachlester.npcacademy.online
7 Accounts / 7 Heads - AIM Global Multiple Accounts (2017)
 
06:42
For further details kindly contact: Chiara Cuenca Mobile No: +639175954481 (Viber/WeChat/Whatsapp) Email: [email protected] FB: http://fb.com/chiara.cuenca07 (NOTE: This video is owned by "CHIARA CUENCA". Any unauthorized copying or re-uploading without formal approval from the owner is subject for legal actions.) Jhapz FB Fan Page: https://www.facebook.com/Coachjhapzramirezofficial/ Subscribe to our Personal Youtube Channel Chiara Jhapz Stories: https://www.youtube.com/channel/UC-vQNJeM89wAwV1QK7qsorw
Views: 144405 Chiara Cuenca
5 Ways to Generate Different Sources of Income (make more money 💵)
 
15:40
Let me ask you a question….. If you lost your job today, how would you pay the bills? How would you take care of your family? How would you generate income to take care of living the life that you need to live. Having multiple streams of income is having income insurance or income protection. It allows you some flexibility if you lose your job, you still have some income coming in to relieve some of the stress. When we talk about hacking your wealth and wealth building, what is the importance of having multiple streams of income? On average millionaires will have 7 streams of income. If most millionaires and wealthy people have multiple sources of income. Why don’t you? 💰 Today I want to share 5 different sources of income that you can start working on today! 💰 ➡️ 1. Diversify Your Investments [2:53] - Having a 401K is great, but do you also have a Roth IRA? $1,000 in an emergency fund? Other investments? You can earn dividends and interest with some of these accounts. ➡️ 2. Offering A Service [4:47] - This is something that you are doing after work or on the weekends to earn additional income. This could be a side hustle that may eventually grow into a business. ➡️ 3. Create A Product [6:16] - I am thinking of digital products, products that can be sold online. This could include a book, a course, or other types of digital downloads. ➡️ 4. Start A Passion Project [9:06] - Some of the things you can do include fundraisers for a special cause or mission. Think of Bomba socks - for every pair of socks purchased, they donate a pair to homeless shelters. ➡️ 5. Invest Into Real Estate [12:20] - You can start this with a rental property or by investing into real estate investments like REITs, FundRise, Rich Uncles, etc. Some of the items on this list you can start today! Some of the platforms I’ve talked about before like Betterment you can start with $25 a month. You have no excuse for not being able to diversify your income. You just need to do it. 😁 Wealth Hackers don’t make excuses. We just DO. We don’t learn by talking about it we learn by doing it! ★☆★Resources discussed in this video★☆★ 🎦 How I Built 7 Multiple Streams of Income https://youtu.be/mCG-Y9bkGpU 🎦 From $2.26 to Millionaire in 5 Years (only 30 years old 😳) https://youtu.be/W9vijcqM34Y 🎦 Real Estate Investment Fail (7 Crucial Lessons Learned) https://youtu.be/hr1zmKrw8nk 🎦 8 Real Estate Investing Strategies (without actually managing properties) https://youtu.be/S0n1HMuOjd8 ▶ Check out my gear on Kit: https://kit.com/jeffrosecfp ★☆★ Want More Good Financial Cents? ★☆★ 💻 Check out my blog here: https://www.goodfinancialcents.com/ Listen to my podcast here: 🎙 https://itunes.apple.com/us/podcast/good-financial-cents-podcast-investing-building-wealth/id775107294?mt=2 Pick up my best selling book, Soldier of Finance, here: 📗 http://amzn.to/2xOH78V Connect with me on Twitter: https://twitter.com/jjeffrose My most favorite inspiration T-shirt line, Compete Every Day: 👕 https://www.goodfinancialcents.com/compete
Creating Management Accounts using Excel #2 - Profit and Loss Statement
 
13:27
To start off the series I show you how to create the profit and loss statement using Excel, this is to be used as part of monthly management accounts. Next Video: https://www.youtube.com/watch?v=EsJwSJwCroQ Create a bookkeeping spreadsheet using Microsoft Excel http://youtu.be/LlWADbkGdac 30 Free Day Trial on KashFlow Accounting Software http://www.kashflow.com/?code=AFF2105084 Free Bookkeeping and Accounting Course https://www.youtube.com/watch?v=IhYJbCAcCKE&feature=c4-overview&list=UUgPrg8qyvKaiED9tvdAIfpQ Try Crunch Accounting Software! http://www.crunch.co.uk/?aid=samuel3a Learn more at www.freebookkeepingaccounting.com
Views: 22677 BookkeepingMaster
VIP vs ROBERT KIYOSAKI (Rich Dad Poor Dad & Real Estate Investing)
 
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We take on Robert Kiyosaki in our second episode of the VIP Versus Series, which is where we dig into another educator's financial philosophy and how it compares and contrasts ours here at VIP Financial Education. In this episode, Matthew Pillmore discusses the rich dad poor dad philosophy along with how he was first introduced to kiyosaki's cashflow game and how a personal experience in buy and hold real estate investing made him think twice about the rich dad poor dad personal finance model. This is only part 1 in the VIP vs Robert Kiyosaki series, so be sure to subscribe for future episodes! Don't forget to sign up TODAY for your exclusive one on one consultation at: http://www.FreeCoachingCalendar.com Our coaching costs can change with demand. To see our current pricing please watch this video: https://www.youtube.com/watch?v=HbVLmCvFjoI Check out our recent episode on the Cashflow Ninja Podcast: https://www.youtube.com/watch?v=xJpyI39YsxY http://cashflowninja.com/368-matthew-pillmore/ Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Do you watch Dave Ramsey, Robert Kiyosaki, Grant Cardone, Gary Vee, Graham Stephan, Meet Kevin, Ryan Scribner, Replace Your Mortgage, Project Life Mastery, Russel Brunson, Alex Becker, Tanner J Fox, Refusing to Settle, Dan Lok, Jeff Rose, Tai Lopez, Bigger Pockets, or Pat Flynn? Then you'll love our channel! Be sure to subscribe!! Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45hHuqWfdi7TIZg0RDG9_g Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ CONTEST RULES: In order to be eligible for the ongoing contests you must: A) Be Subscribed B) Comment on this video (We’d love to hear what you’ve learned from our channel and how it is impacting you!) Each time you comment on a new video your name will be entered into the contest drawing, so the more you comment on the videos, the better your chances of winning! You can also gain additional entries by sharing our video on your social media accounts or by commenting on our Instagram or Facebook accounts. Current coaching members are also eligible for the contest! CONTEST PRIZE: $25 Amazon Gift Card 1 winner selected each week to the end of 2018. Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content.
Views: 14420 VIPFinancialEd
19. econ income equals spending
 
13:39
Objective is to understand the notation used to express the basic national income accounting identity
Views: 958 Arnold Kling
#13, Class 12 Accounts (goodwill: simple average method and nature) chapter 2 goodwill
 
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Class 12 accounts... Goodwill....nature and evaluation... Simple average method..... Chapter 2 Accounts.... Accounts adda 13
Views: 103411 Accounts Adda
QuickBooks Reports: Accounts Receivable & Income Statement
 
07:00
There are two special balance sheet accounts and supporting reports that we want to take a quick look at before proceeding to the Income Statement. In this module (#4 of 11), we will examine Accounts Receivable and Accounts Payable, and consider how we can use these reports to speed up cash flow and ultimately use these reports to make your business run better. Then, we will move on to the big bottom line report—the Profit & Loss report (with percentage of income). Accountants typically refer to this report as an Income Statement but QuickBooks calls it a Profit and loss report... http://buildyournumbers.com/ Expert QuickBooks and Job-Cost Solutions for Construction and Manufacturing Companies with Diane Gilson of Info Plus Accounting, Inc. In this seminar, QuickBooks Job-Cost Expert Diane Gilson shows you how to "Build Your Numbers" by sharing tips, hints, insights, and techniques that will make you a faster and more efficient QuickBooks user. Do you need to know more about your numbers -- and how to use that information to increase company profitability? For more information about the Construction and Manufacturing Accounting Program (CAMP), a month-to-month subscription-style, self-study, online QuickBooks job-cost training program click here. http://buildyournumbers.com/your-guide-to-the-construction-accounting-management-program-camp/ _______________________________________ **Click to SUBSCRIBE for More Videos: http://www.youtube.com/channel/UC6irQ138GKOwT9rElPpm1iQ _______________________________________ Diane Gilson Trainer, product developer, author, multi-certified accountant and ProAdvisor specializing in QuickBooks and job-cost solutions for construction and manufacturing http://buildyournumbers.com/ Get your Free SOLUTIONS newsletters & 13 COMMON QUICKBOOKS MISTAKES Videos! http://buildyournumbers.com/ Connect on Linked In: http://www.linkedin.com/company/3098084?trk=tyah&trkInfo=tas%3AInfo%20Plus%20Accoun%2Cidx%3A1-1-1 Connect on Facebook: https://www.facebook.com/pages/BuildYourNumberscom-with-Info-Plus-Accounting-Inc/120885674643800 _______________________________________ Series Overview: Useful, accurate management accounting reports are vital to running a successful business. And how do you get those reports? We'll help you explore and understand how the structural components in QuickBooks are used to build your customized management accounting reports. If you have a construction business, you'll also find insights based on our many years of specialization in your industry. In this free online training series, QuickBooks Training for Construction -- Building profits with Accurate Job Cost Reports & Critical Management Accounting Data, you will learn how to design your QuickBooks accounting system around critical construction-industry management reporting needs.
Views: 15015 Diane Gilson
Master Budget and Responsibility Accounting-Intro to Managerial Accounting- Su. 2013-Prof. Gershberg
 
01:00:35
Introduction to Financial Accounting Professor Alexander Sannella Lecture 7 Learning Objective 3 0:31 Unadjusted Trial Balance 1:26 Example 2:20 Adjusting Entries 3:09 Example 3:21 How to record adjusting entries 7:47 Adjusting Journal Entries 10:23 Adjustment Summary 10:39 Types of Adjustments 11:03 Accruals vs. Deferrals 13:19 2 types of deferrals 14:33 Prepaid expense (deferral) 22:22 Depreciation (deferral) 34:24 Summarize (depreciation) 35:10 Depreciation example 48:08 Summary (deferred cost) 51:17 Unearned Revenue 56:39 Accrued Expense 1:01:04 Visual Example 1:05:49 Accrued Revenue Question and Explanation 1:10:08 Question 1 Introduction to Financial Accounting Professor Alexander Sannella Lecture 7 Learning Objective 3 0:31 Unadjusted Trial Balance 1:26 Example 2:20 Adjusting Entries 3:09 Example 3:21 How to record adjusting entries 7:47 Adjusting Journal Entries 10:23 Adjustment Summary 10:39 Types of Adjustments 11:03 Accruals vs. Deferrals 13:19 2 types of deferrals 14:33 Prepaid expense (deferral) 22:22 Depreciation (deferral) 34:24 Summarize (depreciation) 35:10 Depreciation example 48:08 Summary (deferred cost) 51:17 Unearned Revenue 56:39 Accrued Expense 1:01:04 Visual Example 1:05:49 Accrued Revenue Question and Explanation 1:10:08 Question 1 The trial balance that was generated in Chapter 2 is generally referred to as an unadjusted trial balance. This trial balance shows the raw accounting data before ensuring that all revenues and expenses are properly matched. After we apply the time period concept, the revenue recognition principle, and the matching principle, we often find that adjustments to the "raw" trial balance are needed. Accounts are not adjusted on a daily basis. Revenues and expenses are not "up to date" at the end of an accounting period and adjustments are needed. Adjusting entries are only made at the end of the accounting period and are internal events (these entries do NOT reflect transactions with external parties). For example, office supplies can be used up but not that usage is not recorded until the end of the period. Adjustments to the trial balance are made by recording actual adjusting journal entries. Each adjusting journal entry will adjust a balance sheet account and an income statement account, but never affects cash. Adjusting entries are required because these entries ensure that revenues are recorded in the period in which they are earned and that expenses are recognized in the period in which they are incurred. Some entries are not made on a daily basis from a cost benefit perspective. For example, we do not record supplies expense each time a machine is oiled in a factory or a toner cartridge is replaced in a copy machine. Some costs are not recorded because they are only earned or incurred with the passage of time. Examples include consumption of auto insurance coverage or depreciation of an automobile. Some entries are not made because the information itself is not available. You do not receive your utility bill for June until July. Adjusting entries are required every time financial statements are prepared. Overall, every adjusting entry affects one balance sheet account, one income statement account, and has no cash flow effects. Accruals are when the economic event is recognized before the cash event occurs. Prepaids are when the economic event is recognized after the cash event. There are two types of deferrals or prepaids - prepaid expenses and unearned revenues. Prepaid or deferred costs represent a prior cash expenditure related to a resource that will be used in the revenue-generating process. an unearned revenue is an advance receipt of cash from a customer that obligates us to either deliver a product or perform a service for a customer in the future. Long-lived, tangible assets assets used to generate revenue are referred to as plant assets. Plant assets are actually long term prepaid expenses or deferred costs. Most prepaid adjusting journal entries are related to the adjustment of a current asset account. However, long-lived tangible assets are also used by the company to generate revenues. They act much like other prepaid assets, except for their longer life. At the end of each fiscal period, it is necessary to "adjust" the long-lived tangible asset accounts to account for the consumption of their usefulness. This process is called "depreciation" and is an important prepaid adjustment each period. To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
Views: 64306 Rutgers Accounting Web
Accounting Basics Lesson 5: Revenue Accounts, Expense Accounts, When to Make a Debit or Credit
 
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http://Freeaccountingschool.com. In this tutorial, accountant Daniel Dickson answers the following questons: What are Revenue Accounts? What are Expense Accounts? How Do You Know If You Should Make a Debit or a Credit?
Views: 66937 Daniel Dickson
[#1] Introduction to Cost Accounting - (COST SHEET) :-by kauserwise
 
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Introduction to Cost Accounting - (COST SHEET) Accounting tutorial, Elements of costs, Material cost, Labour cost, other expenses, Direct material cost, indirect material cost, direct labour cost, indirect labour cost, direct other expenses, indirect other expenses. Over heads. Factory over heads, office and administrative over heads, selling and distribution over heads. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 644270 Kauser Wise
TDA Accounts STEP 2: Act of Expatriation and Allegiance Documents
 
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In Judge Anna Von Reitz documents and writings, she talks about the Act of Expatriation, Domicile Designation and Allegiance which she believes you need to file. In this video, I'm talking about what I think about this document, what it's looking like the legal process should be to accessing your TDA Account and this document called the Act of Expatriation, etc. Here's some links to Anna's site about the document and her explanations: http://annavonreitz.com/improvedexpatriation.pdf http://annavonreitz.com/justthefacts.pdf http://annavonreitz.com/fraudkillingremedy.pdf You'll have to decide for yourself what you think about this document and the position of putting yourself outside the corporation and then leave your comments below. Either successes or failures. If we don't share, we won't know. Here's the link to the information in the video which you can either copy or download here: http://tdaaccount.org/product/step-2-act-of-expatriation-domicile-declaration-and-allegiance/ Visit my site: http://tdaaccount.org to find out more information about this subject. In order to access the downloads you'll have to join the site and then you can download. I want to make sure we're all up-to-date with the latest information. I'm doing this with you! If you're looking for STEP 1 - here's the link. It's $10 and I put it in the exact format which is discussed in the videos with instructions. It's not hard, but I think it's important to do your research before proceeding. http://tdaaccount.org/product/step-1-form-56-letters-to-treasury-and-irs/ Email: [email protected] is the fastest! Check out my social media and connect! twitter.com/AprilLaJune facebook.com/AprilLaJune youtube.com/AprilLaJune spreaker.com/americamatters You can also visit my regular blog at http://AprilLaJune.com DISCLAIMER: Everything on my videos is for information purposes only, not meant as legal advice. You will have to consult with an attorney or accountant for advice which is strongly recommended. You are responsible for anything you do as a result of the information provided.
Views: 6205 April LaJune
Basic Accounting Tutorial in Hindi - हिंदी में सीखें Accounting Golden Rules
 
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Lean Basic Accounting in Hindi - हिंदी में सीखें Accounting, Accounting Golden Rules with Examples. ------------------------------ Download Basic Accounting App (Debit Credit knowledge in Hindi): https://play.google.com/store/apps/details?id=com.basic.accounting --------Ye v jarur dekho, Others Parts in Hindi-------- Basic Accounting Part-2 (Questions and Answers with Ledger Name, Voucher Types and Entries) https://youtu.be/OgLP0SyB1vk ........ Basic Accounting Part-3 (Account Payable and Account Receivable): Search on YouTube: 7 star media basic accounting part 3 ............. Download amazing All in One Services App Link: https://play.google.com/store/apps/details?id=com.govtdigital ------- What we covered in this App. Types of Accounts Ledger Names and Groups Use of Voucher Types Payment, Contra etc. with example Problems and its solutions Accounting Video Tutorials in Hindi --- #7StarMedia #Accounting
Views: 467020 7 Star Media
Institutional Investors: Introducing Adaptive Retirement Accounts
 
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IMPORTANT DISCLOSURES Nothing contained in this material is intended to constitute legal or tax advice. Adaptive Retirement Accounts are a product of Russell Investments Capital LLC ("RICap"). The implementation of Adaptive Retirement Accounts in investors' portfolios and related investment advice are provided through investment advisers and other financial intermediaries that are independent of RICap and its affiliates. The advice provided by RICap in Adaptive Retirement Planner is based on asset-class level assumptions only. An Adaptive Retirement Account will review a participant's asset allocation on a quarterly basis and automatically shift the participant's portfolio based on the participant's current age, gender, account balance, savings rate and salary and Russell Investments’ capital markets assumptions. Based on the Adaptive Retirement Account methodology, the asset allocation may become more conservative by increasing its exposure to fixed income or more aggressive by increasing its exposure to asset classes that have historically had higher risks (e.g. stocks). Adaptive Retirement Accounts are based on a quantitative model (the "model"). There can be no assurance that the model will enable Adaptive Retirement Planner to achieve its objective. Models may be flawed or not work as anticipated. Investing in an Adaptive Retirement Account involves risk; principal loss is possible. The principal value of the account is not guaranteed at any time. Advice provided by the online Adaptive Retirement planner tool is complimentary, however, the participant will be charged a fee if they decide to invest in an Adaptive Retirement Account. Investments in an Adaptive Retirement Account are not guaranteed. Copyright © 2015-2016 Russell Investments Group, LLC. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investment Group. It is delivered on an “as is” basis without warranty. Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management. Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand. First used: May 2015 RFS-15233 Video reviewed: May 2016 | USI-24073-05-19 Disclosure revision: August 2016
Views: 879 Russell Investments
Chapter 1. Measurement and national accounts - Part 1
 
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This chapter describes the main concepts of measurement in macroeconomics and national accounts. Please leave your comments and suggestions to improve the quality of future content. If you found this video useful, please subscribe to receive future materials and tell your friends. Textbooks used: • Mankiw, Gregory. 2014. "Macroeconomics". Ed. Antoni Bosch. Eighth Edition. • Blanchard, Oliver. 2009. Macroeconomics. Pearson. • De Gregorio, José. 2007. "Macroeconomics: Theory and Policy". Ed. Pearson, Prentice Hall. First Edition (DG) • Ben S. Bernanke, and Robert H. Frank. 2007. "Macroeconomics" Ed. McGraw Hill Images taken from: • http://www.diferencia-entre.com/diferencia-entre-microeconomia-y-macroeconomia/ Some slides used in the presentation of Power Point come from: • http://apuntesusach.blogspot.com.co/2013/05/macroeconomia-gregory-mankiw-por-ron.html
Views: 1258 Profe Humber
Manufacturing Costs t accounts!
 
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How to calculate the cost of goods manufactured, sold and the journal entries See the link below to access the problem https://www.dropbox.com/s/n6m943t02o8vpp2/problemforcogmtaccounts.docx
Views: 17171 SuperSshk
Merchandising: Closing accounts; Adjusting accounts; Inventory Shrinkage - Accounting video
 
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Discussion on the closing and adjusting of merchandising business accounts and inventory shrinkage Other videos in this series: Part 1 - Operating Cycle, Inventory, Purchase Discount Terms Part 2 - Purchase Discounts and Purchase Returns and Allowances Example Part 3 - Selling Inventory Part 5 - Income Statements and Business Evaluation For more accounting/how to eLectures (and accompanying lecture notes), blog and a discount textbook-store visit www.TheAccountingDr.com Please note that videos may require Flash media and may not play on devices without Flash capabilities (i.e. iPad).
Cost of Goods Sold (COGS)
 
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Learn about cost of goods sold. More free accounting tutorials and lessons at http://accounting-education.com.
Views: 220371 AccountingAcademy

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