Using the High-Low Method
https://vimeo.com/356749771 Falene Young talks about using the high-low method in accounting. She talks about everything from fixed costs to variable costs. This clip is from…
https://vimeo.com/356749771 Falene Young talks about using the high-low method in accounting. She talks about everything from fixed costs to variable costs. This clip is from…
https://vimeo.com/356749706 Falene Young talks about the accounting equation in this accounting tutoring lab. Assets=liabilities+Stockholder’s Equity is the basis for all accounting, meaning that the equation…
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/356749538 Falene Young talks about FIFO and LIFO which are two types of inventory valuation methods. This clip is from the accounting tutoring lab.
https://vimeo.com/356749440 Falene Young talks about how to dispose of an asset in this accounting tutoring lab clip. It starts with acquiring an asset, the asset…
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/356749124 Falene Young talks about converting between net income and net cash flows. In this clip, she talks about the payback method, net present value…
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…
https://vimeo.com/356748536 Falene Young talks about backing into inventory and budget balanced using the golden equation. This clip is from the accounting tutoring lab.
https://vimeo.com/356748370 Falene Young talks about accruals and deferrals which all the hallmark of accrual accounting. This is used a lot in financial accounting, from cash…
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