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Equity Discussed | Accounting Essentials





Learn what Equity suggests in Accounting. This episode is portion of a series exploring Accounting Essentials. To see the total playlist check out the website link beneath. In this Accounting tutorial you are going to uncover the definition of Equity in Accounting. You can expect to also understand how Equity is produced up of Cash Contributions, Retained Earnings and Withdrawals. And as if that wasn’t enough, you are going to also uncover the website link among the Profits Assertion and the Balance Sheet in the context of the expanded Accounting Equation.

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41 comments

  1. You guys and your damn hands…flailing all over the place. Can you just talk instead of throwing your hands at the camera every three seconds.  You think its cool and getting our attention but its extremely annoying and distracting. just saying!

    Reply
  2. Dude! That was amazing! Thanks

    Reply
  3. your way of explanation is great and simple. I wish you could just talk a little bit slow or your explanation speed could be a bit slow. Thanks

    Reply
  4. thank you for sharing your knowledge.

    Reply
  5. Wow… that was really awesome..
    Thanks mate.. 😊😊
    You should create more videos like these..
    Your way of explaining is really good..
    Would love to see videos on financial ratios, DTA, DTL, IFRS vs GAAP..

    Reply
  6. You sir are a gift from God. I am struggling in intermediate accounting because my professor jumped straight into the difficult material, yet so many students (including myself) forgot about the basic concepts from Intro to financial accounting. This has helped so much.

    Reply
  7. Most useful video so far, This has simplified so much. Thank You 🙂

    Reply
  8. You are the most incredible accounting teacher ever. My lecturer had no clue how to deliver information to students. I wonder whether she understood the contents herself. She just mushed up all the terms in the equity module and made it absolutely confusing. I quit studying via that University because of the poor teaching quality and decided to self study all the remaining courses and do the CPA exam directly. I am so glad you summarised the contents and give easily understood examples. Your tables are so brilliant and made the terms a lot clearer. Thank you so much for the effort to share the knowledge with the general public. I am going to donate money to your channel once I got my first job in accounting.

    Reply
  9. You are awesome!!! This is so helpful, I’m studying to become a Certified Public Accountant and having this as a resource is just fantastic. Please keep the videos coming.

    Reply
  10. Well explained! Thank you

    Reply
  11. Can you explain how you update the credit and debit sides of each element

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  12. I have an accounting exam tomorrow morning and your videos have helped me so much more than my teacher has for this entire year! Thank you so so much ^_^

    Reply
  13. Could you do one on how to start or set up and some of the first things to do when starting a business in accounting
    don't get into trouble tho thanks keep up the good works

    Reply
  14. I'm an older guy and most of my life I was keep blinded about these important things for life but my eyes are now open thank you for moving to Canada James

    Reply
  15. Nice one !

    Reply
  16. Awesome

    Reply
  17. You're an incredible teacher and filmmaker 😭 so clear and understandable and engaging

    Reply
  18. Accounting stuff: mentions Vancouver
    Me: pikachu meme

    Edit: the talent in this city constantly amazes me

    Reply
  19. You are much better than my accounting teacher.

    Reply
  20. You are much better than my accounting teacher.

    Reply
  21. OMG, so excited to see my comment being posted in your video lol!

    Reply
  22. This vid very help me for accounting beginner

    Reply
  23. I wish these videos were around during my first semester of college. You do a much better job explaining these topics than my fundamentals professor did. Well done!…

    Reply
  24. U r perfect !! U saved my life

    Ur student from saudi arabia 👏🏼👏🏼🧡🧡

    Reply
  25. Hi James can u please help me to understand the profit/loss, revenue & expense. Im just a beginner and I'm getting to have a interest in Basic accounting. please help me to understand more

    Reply
  26. THE GODDAMM EQUATION

    Reply
  27. Thank uuuu!

    Reply
  28. Hello James, nice video. I'm a bit confused about how dividends are accounted for. On one hand, they are something that the company has, so they seem like assets. On the other hand, they are a promise to be paid to the stockholders, so they seem like liabilities. But since it's the stockholders who are getting them ultimately they end up being equity.
    So, for example, what happens to the general ledger of a company when it announces its dividends?
    Which accounts are affected?
    Also what happens when the company actually pays the dividends?
    Thanks, and keep on the good explanations.

    Reply
  29. Hello.. can you make a video about mathematics in Accounting? It would be helpful for me as an incoming ABM student and I'm afraid of math but I dared to enter this strand.

    Reply
  30. ily

    Reply
  31. Great explanation and i would want videos like for management accounting (f2) please
    1. accounting for materials 2. accouting for labour
    3. accounting for overheads
    4. Marginal costing
    5. Budgeting

    Reply
  32. You will be happy to know that plastic bag has closed in some region of india… 😊☺ and again best lecture.. Corporation = company ?? may i right…

    Reply
  33. Do you know where can I get Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010?

    Reply
  34. This channel is great! I am currently taking accounting at uni and have a test in 2 hours… I'm excited to see your channel progress at the same time as my class!

    Reply
  35. I hope you will do an problem on accounting cycle

    Reply
  36. Awesome deep explanation

    Reply
  37. Great to see some one like you working for Accounting. Somehow your presentation is more like Casey Neistat

    Reply
  38. Nice video sir 👌
    #knowledgeinflow

    Reply
  39. Hi, could you please make a video on market cap and how share prices might change or just answer my comment lol. Awesome video btw

    Reply
  40. THaNkZ DuDe🔥🔥🔥

    Reply
  41. Thanks bro..right video at right time😂😂😂 for my exams

    Reply

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