LINKS FOR

REFERENCE
BASIC ACCOUNTING
PRELIMS
ACCOUNTING EQUATION (ASSETS) – 8:56
https://www.youtube.com/watch?v=vKRz4krHrww&list=PLl-IwImaCVm7FDTaw6
Xh5urQM9HYWFRau

ACCOUNTING EQUATION (LIABILITIES AND EQUITY) – 14:33

https://www.youtube.com/watch?v=K3dR8Kc3bd0&list=PLl-IwImaCVm7FDTaw6
Xh5urQM9HYWFRau&index=2

APPLICATION OF ACCOUNTING EQUATION:

FINANCIAL TRANSACTION WORKSHEET (PART1) – 12:20
https://www.youtube.com/watch?v=fQ0P17eUR9M&list=PLl-IwImaCVm7FDTaw6
Xh5urQM9HYWFRau&index=3

FINANCIAL TRANSACTION WORKSHEET (PART2) – 6:09

PRELIMS
DEBITS AND CREDITS (PART 1) – 14:50
https://www.youtube.com/watch?v=5CUCojBKuBo&list=PLl-IwImaCVm7FDTaw6
Xh5urQM9HYWFRau&index=5

DEBITS AND CREDITS (PART 2) – 7:15

https://www.youtube.com/watch?v=UjTHkywTlTs&list=PLl-IwImaCVm7FDTaw6X
h5urQM9HYWFRau&index=6

RECORDING TRANSACTIONS IN T-ACCOUNTS – 26:39

https://www.youtube.com/watch?v=Ku1GDe2LmWY&list=PLl-IwImaCVm7FDTaw
6Xh5urQM9HYWFRau&index=7
MIDTERMS – ACCOUNTING CYCLE
STEP 1 – IDENTIFICATION OF EVENTS TO BE RECORDED – 23:59
https://www.youtube.com/watch?v=2j_Lj2HBVIc&list=PLl-IwImaCVm7FDTaw6X
h5urQM9HYWFRau&index=8

STEP 2 – TRANSACTIONS ARE RECORDED IN THE JOURNAL – 29:38

https://www.youtube.com/watch?v=vOGuOpkpBW8&list=PLl-IwImaCVm7FDTaw
6Xh5urQM9HYWFRau&index=9

STEP 3 – JOURNAL ENTRIES ARE POSTED TO THE LEDGER – 20:44

https://www.youtube.com/watch?v=BFli545A4Jg&list=PLl-IwImaCVm7FDTaw6Xh
5urQM9HYWFRau&index=10

STEP 4 – PREPARATION OF TRIAL BALANCE – 17:52

https://www.youtube.com/watch?v=l_UfmkmlzUM&list=PLl-IwImaCVm7FDTaw6
MIDTERMS – ACCOUNTING CYCLE
STEP 5 – PREPARATION OF THE WORKSHEET INCLUDING ADJUSTING
ENTRIES (ADJUSTING ENTRIES) 17:52
https://www.youtube.com/watch?v=xq-RPrpw9ro&list=PLl-IwImaCVm7FDTaw6Xh
5urQM9HYWFRau&index=12

STEP 5 – PREPARATION OF THE WORKSHEET INCLUDING ADJUSTING

ENTRIES (WORKSHEET PART 1) 27:15
https://www.youtube.com/watch?v=WBo3aH1sHUM&list=PLl-IwImaCVm7FDTaw
6Xh5urQM9HYWFRau&index=13

STEP 5 – PREPARATION OF THE WORKSHEET INCLUDING ADJUSTING

ENTRIES (WORKSHEET PART 2) 12:58
https://www.youtube.com/watch?v=xCuwDq80mKQ&list=PLl-IwImaCVm7FDTaw
6Xh5urQM9HYWFRau&index=14
MIDTERMS – ACCOUNTING CYCLE
STEP 6 – PREPARING THE FINANCIAL STATEMENTS (INCOME STATEMENT) 10:15
https://www.youtube.com/watch?v=myNAkXT9XgY&list=PLl-IwImaCVm7FDTaw6Xh5urQM9
HYWFRau&index=15

STEP 6 – PREPARING THE FINANCIAL STATEMENTS (STATEMENT OF CHANGES IN

EQUITY) 9:16
https://www.youtube.com/watch?v=bOqI21rNNow&list=PLl-IwImaCVm7FDTaw6Xh5urQM9H
YWFRau&index=16

STEP 6 – PREPARING THE FINANCIAL STATEMENTS (BALANCE SHEET) 18:24

https://www.youtube.com/watch?v=97E9Kw3-d7U&list=PLl-IwImaCVm7FDTaw6Xh5urQM9H
YWFRau&index=17
MIDTERMS – ACCOUNTING CYCLE
STEP 6 – PREPARING THE FINANCIAL STATEMENTS (STATEMENT OF CASH FLOWS PART 1)
16:56
https://www.youtube.com/watch?v=lWJjYroVcbc&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&in
dex=18

STEP 6 – PREPARING THE FINANCIAL STATEMENTS (STATEMENT OF CASH FLOWS PART 2)

13:56
https://www.youtube.com/watch?v=dT7ZG9FS5tA&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=19

STEP 7 – ADJUSTING ENTRIES ARE JOURNALIZED AND POSTED 21:14

https://www.youtube.com/watch?v=-TuUH_upepc&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&in
dex=20

STEP 8 – CLOSING ENTRIES ARE JOURNALIZED AND POSTED (PART 1) 17:36

MIDTERMS – ACCOUNTING CYCLE
STEP 8 – CLOSING ENTRIES ARE JOURNALIZED AND POSTED (PART 2) 22:41
https://www.youtube.com/watch?v=u1sZf8DoXho&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=22

STEP 9 – PREPARATION OF POST-CLOSING TRIAL BALANCE 13:55

https://www.youtube.com/watch?v=ohMXtnEEtNc&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&
index=23

STEP 10 – REVERSING ENTRIES ARE JOURNALIZED AND POSTED (PART 1) 22:21

https://www.youtube.com/watch?v=8H9LXXLIf_E&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
&index=24
MIDTERMS – ACCOUNTING CYCLE
STEP 10 – REVERSING ENTRIES ARE JOURNALIZED AND POSTED (PART 2) 18:18
https://www.youtube.com/watch?v=6ZtSVcxVtTs&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=25

STEP 10 – REVERSING ENTRIES ARE JOURNALIZED AND POSTED (PART 3) 16:15

https://www.youtube.com/watch?v=GiONj-wMiU4&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
&index=26
 FINALS – MERCHANDISING OPERATIONS
MERCHANDISING BUSINESS 17:51
https://www.youtube.com/watch?v=SARq3mfhS_k&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
&index=27

JOURNALIZING SALES AND PURCHASE TRANSACTIONS (PART 1) 11:01

https://www.youtube.com/watch?v=ynoYyDvg7rI&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=28

JOURNALIZING SALES AND PURCHASE TRANSACTIONS (PART 2) 25:38

https://www.youtube.com/watch?v=v0uC7WP3PCA&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
&index=29

ACCOUNTS RECEIVABLE – ACCOUNTING FOR FREIGHT COSTS/SHIPPING COSTS 19:34

https://www.youtube.com/watch?v=fWi7YOumBKg&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
 FINALS – MERCHANDISING OPERATIONS
PERIODIC AND PERPETUAL INVENTORY SYSTEMS 16:26
https://www.youtube.com/watch?v=ExzzYj1iSrw&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=31

PERIODIC AND PERPETUAL INVENTORY SYSTEMS – PROBLEM SOLVING 23:02

https://www.youtube.com/watch?v=hEQIXxgGtqM&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
&index=32

COMPLETING THE ACCOUNTING CYCLE PART 1 – ADJUSTING ENTRIES 12:42

https://www.youtube.com/watch?v=ZYj6-pDXeKo&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&
index=33

COMPLETING THE ACCOUNTING CYCLE PART 2 – WORKSHEET 19:07

https://www.youtube.com/watch?v=6GZPGRw4lG0&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau
 FINALS – MERCHANDISING OPERATIONS
COMPLETING THE ACCOUNTING CYCLE PART 3 – PREPARATING THE INCOME STATEMENT
15:06 (START AT 2:27)
https://www.youtube.com/watch?v=5r0yp2IydCA&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=35

COMPLETING THE ACCOUNTING CYCLE PART 4 – PREPARATING THE BALANCE SHEET 16:14
(START AT 1:07)
https://www.youtube.com/watch?v=gFv2iYtcgGA&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&i
ndex=36

COMPLETING THE ACCOUNTING CYCLE PART 5 – PREPARATING THE CLOSING ENTRIES 25:25
https://www.youtube.com/watch?v=op-NejHskys&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau&in
dex=37