Recording Transactions on a Tabular Summary

Falene Young talks about recording transactions on a tabular summary. Firstly, you must use the assets=liabilities+stockholders’ Equity in this accounting tutoring lab.

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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

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The Accounting Equation

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

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Accruals and Deferrals

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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