Falene Young talks about accruals and deferrals which all the hallmark of accrual accounting. This is used a lot in financial accounting, from cash basis to accrual basis.
https://vimeo.com/356749233 Falene Young talks about cost classification in this accounting tutoring lab clip. She talks about what a manufacturing company is, the flow of inventory,
https://vimeo.com/356749630 Falene Young talks about recording transactions on a tabular summary. Firstly, you must use the assets=liabilities+stockholders’ Equity in this accounting tutoring lab.
https://vimeo.com/356748977 Falene Young talks about bank reconciliations in this accounting tutoring lab clip. The goal of a bank reconciliation is to figure out the cash
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