From T Accounts to Ledgers: Full Explanation

Описание к видео From T Accounts to Ledgers: Full Explanation

Welcome to Concierge CPA a channel with free accounting lessons covering accounting topics from Basic Accounting Principles and Concepts to Advanced!

T Accounts Explained!

Join me in this video where I show you all about accounting T accounts. Learn how this T Account has helped millions of students throughout history, easily grasp the concept of debits and credits, to properly record accounting journal entries. This powerful tool can be the missing piece to becoming a debit and credit pro.


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Previous Basic Accounting videos that can help you:

Debits and Credits:
   • The Secret to Simplifying Accounting ...  


The accounting equation
   • The Accounting Equation: Easy Step-by...  

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CHAPTERS:

0:00 - Introduction
0:44 – What is a T account in accounting?
0:54 Accounting Account Categories and T Accounts
1:34 - Detailed Breakdown of T-Accounts – Debit and Credit Rules
2:54 Accounting Debit and Credit Rules Exceptions and the Expanded Accounting Equation
3:12 Using a T account to record transactions example 1
5:50 Expanded Accounting Equation Graphic DEA = LER, Accounting Debits and Credits Rules
6:51 General Journal, General Ledger, T-Account Definitions
7:35 T-Account to General Journal to General Ledger Workflow Example


#accounting #accountingtutorials #accountingequation #Accounting Fundamentals #DebitsandCredits Explained #Financial Transactions #accountingbasics #bookkeeping #Accountingconcepts #Balance Sheets #recordingentries



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