💥Journal Entries Cheat Sheet → https://accountingstuff.com/shop

Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff – Accounting Basics Lesson 4 – you will learn:

▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And… of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies

🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel

⏱️TIMESTAMPS
00:00 – Intro
01:15 – Why do we Record Transactions?
02:15 – What are Journal Entries?
02:26 – What does a Journal Entry look like?
03:51 – Manual vs Automatic Journal Entries
04:20 – Journal Entry Example
05:47 – Recap

🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m

🔝CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero → http://geni.us/B9fw1j
▪ Freshbooks → http://geni.us/Z7DA8l

🖥SPREADSHEET SOFTWARE
▪ Sheets → http://geni.us/fFShU
▪ Excel → http://geni.us/BRPBz

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▪ Twitter → https://twitter.com/AccountantStuff

🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
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DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
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#accounting #accountingbasics #accountingstuff
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This video illustrates how to make a journal entry in the general journal.
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RESUMES FOR ENTREPRENEURS | HOW TO SHOW YOUR SIDE HUSTLE ON YOUR RESUME

Are you an entrepreneur who has recently realized that the entrepreneur or side hustle life isn’t for you? Or maybe, unfortunately, you need to close up shop?

If you’re finding yourself going from self-employed to employed, and can’t quite figure out how to show your side hustle on your resume, or how to show your business on your resume, this video was MADE for you!

In this video, I’m going to use the resume of Jim Halpert from The Office to give you my best resume writing tips for entrepreneurs in 2021. If you recall, Jim started Athlead, a sports marketing company, with some friends, and due to COVID-19 and professional sports being highly disrupted, Athlead couldn’t keep the lights on.

Jim is now job searching and writing his entrepreneur resume, so he can from being the boss, to being an employee.

If you’re wondering how to write an entrepreneur resume, and go from self-employed to employed, this video with resume tips for entrepreneurs 2021, by yours truly, Kamara Toffolo, Linkedin Top Voice 2020, is for you!

#resumesforentrepreneurs #sidehustleonresume #goingfromselfemployedtoemployed

If you want job search tips for 2021,resume tips for 2021,resume writing advice for 2021,resume writing tips for 2021,insights on how to write a good resume in 2021, tips on how to write a resume in 2021, and encouragement for updating your resume in 2021, make sure you subscribe to my channel for new videos every Tuesday at 8am EST, and live training and Q&A every Thursday at 8pm EST (Season 2 returning in January 2021!)

🔨🔧 TIPS + TOOLS FROM THIS VIDEO 🔧🔨

💌 Want to get all the good stuff on resumes, cover letters, LinkedIn, and job searching? Sign up to get updates from me here and get your FREE COVER LETTER GUIDE AND CHECKLIST: https://kamaratoffolo.com/coverletterguide/

🥰 SOCIALIZE WITH ME! 🥰
📍 Twitter: https://twitter.com/kamaratoffolo
📍 LinkedIn (I’m a LinkedIn Top Voice!): https://www.linkedin.com/in/kamarat/
📍 Instagram: https://www.instagram.com/kamaratoffolo/

Sunny Days by Anno Domini Beats is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: https://www.youtube.com/channel/UC6f69g5rtNFhix–ZY8yAFw

Fair Use Disclaimer and Attribution

Brief clips and images from The Office were inserted for educational purposes only, with usage protected by fair use.

Source: The Office
Owner: NBC Universal
March 24, 2005, to May 16, 2013

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Career Services
University of Utah
350 Student Services Building (SSB)
(801) 581-6186

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$ uede – Rewind (Official Music Video)
Video Directed By Kevin Mora
————————————————————————————————————
Stream + Download “Veteran” – https://moneysignsuede.lnk.to/Veteran

Keep Up With $ uede –

MoneySign Suede Youtube Channel –
https://www.youtube.com/channel/UCTrE…

$ uede Instagram –
https://instagram.com/moneysignsuede

$ uede’s Twitter –
Tweets by moneysignsuede

$ uede music video –

$ uede – She Gon Choose Ft. Lil Weirdo (Official Music Video)
https://youtu.be/xmO_ugZX7LM

$ uede – Momma Don’t Cry (Official Lyric Video)
https://youtu.be/dOcuVNoG0g0

$ uede – Poppin (Official Music Video)

$ uede – Too Late (Official Music Video)

$ uede – Back To The Bag (Official Music Video)

$ uede – No Cap Freestyle (Official Music Video)

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💥Accounting Cycle Cheat Sheet → https://accountingstuff.com/shop
🛒 Get your Accounting Stuff Merch → https://accountingstuff.com/merch

Would you like to know what Accounting REALLY MEANS? In this short tutorial we’ll take 1 simple example and follow it through all 8 Steps of the Accounting Cycle – from start to finish – you’ll build a solid understanding of all the Accounting Basics we encounter along the way. Stuff like the Accounting Equation, Debits & Credits, Double-Entry Accounting, T-Accounts, the Trial Balance etc.

If you’re an Accounting Beginner, then I recommend watching this all the way through to the end – at least once – to get a complete picture of how Accounting works. Afterwards, you can jump into my Accounting Basics Playlist (see below) and explore every topic in more detail.

🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
▪ Equity Video → https://youtu.be/Fr5oHEYrT2A

🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel

⏱️TIMESTAMPS
00:00 – Intro
00:16 – What is Financial Accounting?
01:11 – STEP 1: IDENTIFY TRANSACTIONS
01:29 – STEP 2: PREPARE JOURNAL ENTRIES
01:32 – What is a Journal Entry?
01:36 – What does a Journal Entry look like?
02:05 – What is Double Entry Accounting?
02:58 – What is the Accounting Equation?
04:17 – STEP 3: POST TO GENERAL LEDGER
04:22 – What is the General Ledger?
04:43 – Posting to Accounts
04:49 – What is an Account?
04:58 – The 6 Types of Account – Assets, Liabilities, Equity, Revenue, Expenses & Dividends
05:21 – What are T-Accounts?
06:00 – What does the General Ledger look like?
06:18 – STEP 4: UNADJUSTED TRIAL BALANCE
06:22 – What is a Trial Balance?
06:43 – How to build a Trial Balance
07:10 – Why is it called Trial Balance?
07:28 – STEP 5: POST ADJUSTING ENTRIES
07:32 – What are Adjusting Entries?
07:40 – IFRS vs GAAP
08:21 – What is the Accrual Method of Accounting?
08:41 – Adjusting Entries Example
10:14 – STEP 6: ADJUSTED TRIAL BALANCE
10:41 – STEP 7: CREATE FINANCIAL STATEMENTS
10:44 – What are Financial Statements?
10:59 – What are the three types of Financial Statements?
11:10 – What is the Balance Sheet?
11:28 – What is the Income Statement?
11:43 – Profit vs Cash Flow
11:54 – What is the Cash Flow Statement?
12:04 – Who would use Financial Statements?
12:34 – STEP 8: POST CLOSING ENTRIES
12:41 – What are Closing Entries?
12:51 – Closing Entries Example
13:10 – Post Closing Trial Balance
13:20 – THE ACCOUNTING CYCLE

🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m

🔝 CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7

🚶FOLLOW ME ON
▪ Insta → https://www.instagram.com/accountingstuff
▪ Twitter → https://twitter.com/AccountantStuff

________________________
DISCLAIMER

Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________

#accounting #accountingbasics #accountingstuff
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What is Accounting? Why do we need it? And what types of accounting are there?

Accounting is one of the most important skills for people pursuing a career in Finance. It helps you understand whether a business is profitable. It gives you an idea of a company’s size. It helps you use the past in order to take action in the present and change the future.

For the entire course:
https://www.udemy.com/accounting-fsa-a-solid-foundation-for-a-career-in-finance/?couponCode=YOUTUBE

Home

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*** Newest Video: http://www.evancarmichael.com/Masters/ ***

Like this video? Please give it a thumbs up below and/or leave a comment – Thank you!!!

In this video I answer a question from one of my readers Nicholas who asked me about the risks of entrepreneurship:

“thanks a lot for the inspirational quotes.Just to ask one question: what are the risks in small scale entrepreneurship and how do we as entrepreneurs manage them for the purposes of our business sustainability.good day
– Nicholas”
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The dream of becoming an entrepreneur is extremely common. Putting the plan in action requires many things, most importantly: a really great idea. But where do really good ideas come from? Our unhappiest moments… Please subscribe here: http://tinyurl.com/o28mut7
If you like our films take a look at our shop (we ship worldwide): http://www.theschooloflife.com/shop/all/
Brought to you by http://www.theschooloflife.com

Produced in collaboration with Zedem Media
http://www.zedemanimations.com/ #TheSchoolOfLife

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http://businesswales.gov.uk/bigideas/
The folk at Big Ideas Wales know that there’s no one better to tell you what’s an entrepreneur and the skills you’ll need than: entrepreneurs. So they asked some, and here’s what they had to say…

Attitude, creativity, organisation and relationships were the 4 key points that make a successful entrepreneur:

Having a positive attitude will get you a long way.

All you need is a bit of imagination and the ability to think a bit differently and BINGO, you’ve come up with a brilliant new idea.

To get to grips with the day to day running of things good organisation is essential.

Running a business is definitely a people thing. The more people you know the easier it will be to use your powers of persuasion and get things done.
http://business.wales.gov.uk/bigideas/

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