ACCT 201A at California State University--Fullerton

Videos

1 Cash vs. Accrual Accounting
Some businesses operate on the Cash Basis of accounting, but most are on the Accrual Basis. Cash is super simple, Accrual gets a little trickier.
7:21
2 Expense Recognition
If you pay for something today, should we recognize it as an expense? Well, it depends.
8:07
3 Accruals and Deferrals
What happens when you get cash before you do any work? Or if you do work before you get any cash? That's what we're talking about here!
15:07
4 What is an Adjusting Entry?
What even is an Adjusting Entry? Why do we have to make them?
4:11
5 Adjusting Entry: Supplies
An adjusting entry example using Supplies as the account of interest.
1:54
6 Adjusting Entry: Wages
An adjusting entry example using Wage Expense and Wages Payable.
4:52
7 Adjusting Entry: Unearned Revenue
An adjusting entry example using Unearned Revenue as our medium.
2:11
8 Adjusting Entry: Interest
An adjusting entry example using Interest as the account we care about.
2:03
9 Contra-accounts
A brief primer on what contra-accounts are, and what they aren't.
4:40
10 Depreciation
Our first look at Depreciation. This time, we're just going to look at straight-line depreciation. There's much more to come, but we'll save that for later.
7:10
11 The Closing Process
The Closing Process isn't hard. I dare say that it's even fun. I'll show you why.
10:37