Creativo Solutions is a solutions-provider, we offer free educational content to help students across the world. For more content visit the website and follow us on social media: http://www.creativosolutions.com/ YouTube Channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Twitter: https://twitter.com/creativo_s
Podcast series providing you with educational content from live classes. In this episode, we discuss what the different adjusting and reconciling items are, that arise during a bank reconciliation. The bank reconciliation is a process of confirming the transactions in your accounting records with those of the Bank. Enjoy listening and learning.
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Podcast series providing you with educational content from live classes. In this episode, we discuss what a bank reconciliation is and we explain why it is important. The bank reconciliation is a process of confirming the transactions in your accounting records with those of the Bank. Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
YouTube channel: https://www.youtube.com/c/creativosolutions
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Podcast series providing you with educational content from live classes. In this episode, we discuss the differences between Debtors and Creditors. There are many different credit transactions that can arise which will affect the Debtors and Creditors. Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
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Podcast series providing you with educational content from live classes. In this episode, we discuss the differences between the two inventory management systems. We cover the perpetual and periodic inventory management systems in detail. Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
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Podcast series providing you with educational content from live classes. In this episode, we discuss the differences between wealth or value maximization versus profit maximization. We debate the reasons why companies exist, should they create value or profit? Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
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Podcast series providing you with educational content from live classes. In this episode, we discuss the most important points to summarise bank reconciliations. Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
YouTube channel: https://www.youtube.com/c/creativosolutions
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Podcast series providing you with educational content from live classes. In this episode, we discuss what the role of the financial manager is. We discuss financial decision-making and more. Enjoy listening and learning.
For more content visit the website: http://www.creativosolutions.com/
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Podcast series providing you with educational content from live classes. In this episode, we discuss what the difference between Accounting and Financial Management is. Enjoy listening and learning.
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Creditors or Trade Payables is explained. We provide the definition and we discuss why creditors is considered a liability with an example. Use the accounting rules to make any accounting application easier to understand.
For more content visit the website: http://www.creativosolutions.com/
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Music by:
Melange by AnvionMusic https://soundcloud.com/anvionmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0
http://creativecommons.org/licenses/b...
Music provided by Audio Library https://youtu.be/LqVfbijhslA
Debtors or Trade Receivables is explained. We provide the definition and we discuss why debtors is considered an asset with an example. Use the accounting rules to make any accounting application easier to understand. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA
Accrued income explained; Disclosure for adjustments; applying the accounting rules for adjustments; accrual basis of accounting; Accrued Income is recognised as an Asset. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by: Melange by AnvionMusic https://soundcloud.com/anvionmusic Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/LqVfbijhslA
Income received in advance explained; what is an accounting adjustment; Accounting rules applied to adjustments; Income received in advance creates a Liability account (income received but not yet earned) For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by: Melange by AnvionMusic https://soundcloud.com/anvionmusic Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/LqVfbijhslA
We explain how to adjust for an accrued expense during the financial year. Accounting theory covering the accrued expense adjustment. Accrued expenses will create a liability account. Apply the most important rules to an accrued expense adjustment. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by: Melange by AnvionMusic https://soundcloud.com/anvionmusic Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/LqVfbijhslA
We explain how to adjust for a prepaid expense during the financial year. Accounting theory covering the prepaid expense adjustment. Prepayments will create an asset account. Apply the most important rules to a prepaid expense adjustment. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by: Melange by AnvionMusic https://soundcloud.com/anvionmusic Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b... Music provided by Audio Library https://youtu.be/LqVfbijhslA
What is Owners Equity? We cover the definitions for capital and drawings. Formulae for calculations is discussed. An example is provided to help you better understand the relationship between profit/loss and the owners equity. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA
We explain what the "Expense" definition is; Financial performance is discussed and we cover what is an expense; We consider which accounts can be classified as expenses by discussing different examples. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA
Income definition discussed and explained; financial performance explained, what is income? and how to determine income. For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA
We cover the definition for a Liability; Different examples are discussed; Considering perspective ("debt" vs "credit"); Managing liabilities and Financial Position.
For more content visit the website: http://www.creativosolutions.com/
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Music by:
Melange by AnvionMusic https://soundcloud.com/anvionmusic
Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0
http://creativecommons.org/licenses/b...
Music provided by Audio Library https://youtu.be/LqVfbijhslA
Accounting definition for an "Asset"; financial position explained; asset balances are on the debit side For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA
This episode focuses on covering the most important Accounting Rules. Basic or advanced levels of accounting always use the 6 accounting elements. Double entry rule: Debits & Credits For more content visit the website: http://www.creativosolutions.com/ YouTube channel: https://www.youtube.com/c/creativosolutions Instagram: https://www.instagram.com/creativosolutionspublic/?hl=en Soundcloud: https://soundcloud.com/user-301604869-194340999 Twitter: https://twitter.com/creativo_s Music by:Melange by AnvionMusic https://soundcloud.com/anvionmusicCreative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 http://creativecommons.org/licenses/b...Music provided by Audio Library https://youtu.be/LqVfbijhslA