Accounting Basics Lesson 3.1

How does Double-Entry Accounting work? What is an Account? Review of a Real-life double-entry accounting scenario. What are Debits and Credits?

{ 36 comments… read them below or add one }

Aslam himatzai July 14, 2011 at 8:06 pm

oh,my god i dont know how to express my thanks to you sir.
thank u very,very much for all these lessons of accounting in this modern world.
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Adam A. November 9, 2011 at 3:17 am

Thanks. Your videos are clear and concise, the best on youtube. And, you make accounting interesting to watch. You’re right in that you don’t need to go to school to learn accounting. I retain much more from watching your videos. Thanks again!

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Mohamed Menu December 27, 2011 at 9:42 am

Great lesson!
Thanks for given free videos of accounting and your videos are understandable.
I recommended to add their lessons on pdf

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Khawer February 9, 2012 at 5:26 am

Beautiful and simple way of teaching with plain English.. I think your videos are a great help for all of us who has just started Accounting.
Thanks. Will need your assistance if required

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Adiba February 15, 2012 at 4:56 pm

THANK YOU SO MUCH !!!!!!!!!!!

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DeAnn February 28, 2012 at 1:10 am

Thanks for these videos. I felt like I was sitting by an honest guy who just wants to help others learn and love accounting. Good explanations

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Aminolty March 13, 2012 at 9:12 am

Thank you soooo much ^^V

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zafar March 25, 2012 at 3:44 am

thank u so much mr

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Catia Duque March 26, 2012 at 9:41 pm

Thank You. You are a great instructor.

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PRIYA April 24, 2012 at 10:33 am

THANK YOU VERY MUCH

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Flora T. Manulat May 19, 2012 at 9:25 am

so many students will benefit this facility… thank u so much

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Flora T. Manulat May 19, 2012 at 9:28 am

so easy to understand… thank u for creating this facility

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SubhanAllah Fekri May 23, 2012 at 5:21 am

Thanks From you so much, it is easy way to understand Accounting, if it is possible please send me in my email .

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Jen May 24, 2012 at 4:44 pm

Thank you sooo much! I can’t get past the fact that a DR is on the left, so you would think you would debit the cash account to purchase the ice cream. Then you would increase on the right on inventory. Why is it backwards?

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Ajmal khan June 25, 2012 at 11:13 am

sir you are my teacher. I like your teaching.Thank u vvvvv much sir

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DIDIER September 28, 2012 at 3:26 am

Great lesson!
Thanks for given free videos of accounting and your videos are understandable.

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Tasha October 3, 2012 at 1:11 am

Thank you so much for what you have done. I am on Lesson 3 and already learned more that what I am learning from my college text book!

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Rosa October 10, 2012 at 3:36 am

Daniel,

Thank you so much for what you do. You are truly a great person for doing this for nothing in return.
I think your videos are very clear and easy to understand.

Thank god for people like you!

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Sirisha Devi Palli October 14, 2012 at 9:07 am

Excellent Teaching. Your Teaching is in detail and understanding with clear voice, Very attentive.
Thankyou Very Much. I have learnt lot today. I Would like to go through all the Voice.
Even I try to contribute my knowledge to others like U. Thanks for Inspiring Me.
Hope You continue the same in future.
Thank You.
God Bless You.

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bahroz nuraden December 2, 2012 at 9:04 pm

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bahroz nuraden December 2, 2012 at 9:05 pm

have anice day

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mauricea December 23, 2012 at 5:14 pm

I think you online school is fantastic I have learnt a lot in the few sessions that have already been through.Keep up the good work.

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leony January 25, 2013 at 9:26 pm

Awesome! very understandable. Thanks a lot!

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Kim Morrison January 26, 2013 at 4:51 am

A great video tutorial. Easy to understand, Thank you.

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Srikamal Singanamala January 30, 2013 at 2:09 am

Thanks for a good video.

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muktar February 8, 2013 at 9:29 pm

Thank you mr daniel

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Parvin February 24, 2013 at 7:15 am

Thank you soooooo much for your professional and understandable teaching….

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Jessica March 10, 2013 at 3:08 am

This is going to help with teaching accounting to my student! Thank you!!!!

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mira March 12, 2013 at 9:58 pm

Very helpful videos

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Jeannette Williams March 13, 2013 at 8:29 pm

Thank you so much! I am taking introductory accounting on-line right now and i am so confused. My instructor gives really vague answers when I ask him questions. I have been relying on the other students in the class for help and one of them told me about you. This is really a nice thing you are doing and I thank you again.

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L Taylor March 18, 2013 at 3:55 am

Thanks so much!!! You make it so easy to learn and retain the information. I like the videos because they are short and get to the point.

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David W March 22, 2013 at 2:24 am

I wanted to say thank you. Your videos are very informative. Im watching your videos to help explain what my Accounting Professor is saying. It is like you turn my 5 pages of notes into a 8 min, easy to understand video. Thank you very much Sir.

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Pari April 9, 2013 at 3:10 am

Thanks for videos sir <3

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Lilian Tan April 23, 2013 at 1:40 pm

A good & understanding video.thanks a lot!

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Phil May 7, 2013 at 7:15 pm

This is amazing.

i have been reading my books and trying to understand this accounting for a while now and you go make a 10 min vid and i understand it as easy as that.

this is AWESOME!

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