💡 Accounting facts, Income Statement, Balance Sheet and ARE – In practice!
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In this video, we will guide you from the first steps of starting a business to understanding the basics of accounting. We will start with the process of starting a business from an accounting perspective, then dive into the world of accounting, where we will demystify some of the most fundamental concepts. Together, we will learn how to record accounting facts, understanding the importance of recording each transaction accurately and in an organized manner. But we will not stop there! We will take a leap into financial analysis, where we will prepare the Income Statement (ARE), the Balance Sheet (BP) and the Income Statement (DRE). We will unravel the meaning behind these statements and how to prepare them to make informed financial decisions for your business. If you are looking to improve your accounting skills, this video is for you. Don't forget to subscribe to the channel for more content like this! Follow us! A big hug, Professor Daniel Tonelo @professortonelo ______________ Index: Accounting records (01:10) Determination of the result of the exercise - ARE (21:48) Balance Sheet (28:28) Income Statement - DRE (33:48) _______________ Also watch the class - Introduction to Accounting Concept, object, field of application, purpose and users. Access link: • 📚 Introduction to Accounting Concept... To access our accounting course playlist, go to: • 📚 Introduction to Accounting Concei... _______________ 📚 BOOKS I RECOMMEND: Basic Accounting: https://amzn.to/4awn01C Advanced Accounting: https://amzn.to/3U12T4O Introduction to General Administration Theory: https://amzn.to/49EJRXI People Management - Human Talent Management: https://amzn.to/3TXSnev General and Public Administration - Tests and Contests: - https://amzn.to/3TTiovs Microeconomics: https://amzn.to/3JlsiRx 💻 RECORDING EQUIPMENT: Sony Alpha ZV-E10 - Vlog Camera Kit - https://amzn.to/3W0JUtM Xiaomi Redmi Note 13 Smartphone: https://amzn.to/3VYQr8j Boya By-M1 Microphone: https://amzn.to/3VYRdSL SoftBox Double Kit: https://amzn.to/3Uhu1O3 HyperX Microphone - PodCast: https://amzn.to/49E5Fmn Portable LED Light: https://amzn.to/3Q4NVJT Tripod for Cell Phone and Camera: https://amzn.to/3PZyfHG SanDisk 256GB Memory Card: https://amzn.to/3xCqpxk _______________ 👨🏫 Follow Professor Tonelo on Social Media: Facebook: / professortonelo Instagram: / professortonelo Linkedln: / daniel-tonelo-0737a214b _______________ #accounting #DRE #balancesheet @YouTube
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