Activity Overview
Episode publication activity over the past year
17 - The Objectives of Financial Reporting & Concepts of Accrual Accounting
23 Dec 2019
Contributed by Lukas
I've read a lot of boring stuff so that you don't have to! Today we will summarize some of the usefu...
16 - Closing the Books at the End of the Period (The Closing Process)
02 Feb 2019
Contributed by Lukas
Example: You own a sole proprietorship. For this period, you had revenue of $100,000, wage expense o...
15 - Adjusting Journal Entries (The Adjusting Process)
26 Jan 2019
Contributed by Lukas
Today we will go over the adjusting process. This is where we make our adjusting journal entri...
14 - An Overview of the Accounting Cycle
19 Jan 2019
Contributed by Lukas
Today we will discuss the accounting cycle. This is the process taken each period to record transact...
13 - How to Dominate Indirect Cash Flow Statements (Fake Cash Method)
12 Jan 2019
Contributed by Lukas
Example # 1 Our Accounts Receivable balance increased by $20,000 from the end of last period to the ...
12 - FIFO & LIFO (Cost Layering Methods)
07 Dec 2018
Contributed by Lukas
Today we will discuss the cost layering methods that are used within the periodic and perpetual inve...
11 - Perpetual & Periodic Inventory Methods & Cost of Goods Sold
25 Nov 2018
Contributed by Lukas
In this episode, we will cover the journal entries made when using the perpetual and periodic invent...
10 - Depreciation, Amortization, & Fixed Assets
10 Nov 2018
Contributed by Lukas
Today we tackle depreciation and amortization, and we discuss fixed assets. Facts for following exa...
9 - Unearned Revenue (Deferred Revenue)
04 Nov 2018
Contributed by Lukas
In this episode, we discuss unearned revenue.
8 - Prepaid Expenses (Prepaid Assets)
28 Oct 2018
Contributed by Lukas
Today we will discuss prepaid assets, and do some examples with journal entries.
7 - Accounts Payable - Purchases, Payments, Discounts, & Agings
22 Oct 2018
Contributed by Lukas
In this episode, we will discuss accounts payable and journal entries related to accounts payable.
6 - Accounts Receivable - Sales, Collections, Discounts, Agings, & Write-Offs
21 Oct 2018
Contributed by Lukas
In this episode, we will describe accounts receivable, and we will go over journal entries related t...
5 - Contra Accounts - Understanding Them & Examples
13 Oct 2018
Contributed by Lukas
Today we will explain contra accounts, and we will also do some examples to demonstrate how the debi...
4 - An Introduction to Financial Statements
06 Oct 2018
Contributed by Lukas
In this episode, we will briefly discuss the four main financial statements in accounting: the balan...
3 - General Ledgers & Trial Balances
29 Sep 2018
Contributed by Lukas
In this episode, we discuss the flow of accounting from how our journal entries are recorded in the ...
2 - A|LE-R|E & Journal Entries
10 Sep 2018
Contributed by Lukas
In this episode, we discuss how each type of account in ALE-RE is affected by journal entries, and w...
1 - Assets, Liabilities, Equity, Revenue, & Expenses (ALE-RE)
10 Sep 2018
Contributed by Lukas
In this episode, we briefly discuss each type of account in accounting: Assets, Liabilities, Equity,...
0 - Introduction
10 Sep 2018
Contributed by Lukas
Hi Everyone, Welcome to Accounting 101 with Jimmy Stewart. I hope to explain accounting to you the w...