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 always should be balanced.
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/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/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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