In part 1 of the accounting lesson for beginners, we explain what the accounting equation is and why it is important to understand the accounting equation. We explain assets, equity, and liabilities. We also give examples of assets, equity, and liabilities. We go through a complete example of doing the accounting equation.
Accounting for Beginners | Part 2 | Debits and Credits | Journal Entries: https://youtu.be/Lrb2Wh7oXJs
Accounting for Beginners | Part 3 | General Ledger (T-Accounts): https://youtu.be/3fXcgwxz5eM
Accounting for Beginners | Part 4 | Accruals & Prepayments: https://youtu.be/WiHh75bjMe8
Accounting for Beginners | Part 5 | Trial Balance: https://youtu.be/VOB1jeu4Omg
Accounting Equation | with Debits and Credits | Explained with Examples: https://youtu.be/tjBNhiV3Pos
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