Falene Young talks about bank reconciliations in this accounting tutoring lab clip. The goal of a bank reconciliation is to figure out the cash balance at the end of the period.
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/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/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
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