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248,850 Views • Mar 3, 2019 • Click to toggle off description
Discover what Liabilities mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial you’ll hear the definition of Liabilities in Accounting. I'll also take you through the common types of Liability that are worth knowing about.
⏱️TIMESTAMPS
00:00 - Intro
01:18 - Liabilities Definition in Accounting
03:34 - What are Current Liabilities?
03:43 - Accounts Payable
05:45 - Salaries Payable
06:19 - Accruals
07:40 - Unearned Revenue
08:04 - Short Term Loans
08:18 - What are Non-Current Liabilities?
08:37 - Long Term Loans
08:45 - Bonds
09:23 - What are Contingent Liabilities?
09:40 - How Contingent Liabilities work
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🔎FAQ
▪ My Favourite Accounting Book for Beginners → geni.us/5mKR7m
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🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → • ACCOUNTING BASICS for Beginners (Whol...
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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
Views : 248,850
Genre: Education
Date of upload: Mar 3, 2019 ^^
Rating : 4.963 (76/8,208 LTDR)
RYD date created : 2022-03-05T03:41:57.467449Z
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YouTube Comments - 419 Comments
Top Comments of this video!! :3
I being a non accounts student felt accounting is one of the boring subject, but your videos have made learing accounting easy and enjoyable. Nice work, keep it going!
193 |
I'm taking an accounting course and it's my fifth week and I was so lost and I couldn't keep up with my lectures so I decided to start all over on my own and I wouldn't have been able to do that without this channel I can't thank you enough omg
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Please make a video on ACCRUALS. please I have found a lot of difficulties on Accruals. Please make a separate video on this.
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I never thought I would be genuinely entertained and actually laugh when watching a video about accounting ! Thanks for explaining things so clearly, I’m learning a lot !
37 |
Thanks James for demystifying accounting for the rest of us...
29 |
dude you're the absolute goat. saved me from failing exams
3 |
This video is a whopper for a newbie, but yet you make the information more intuitively understandable. Copied this video down almost verbatim into notes. Great stuff! 👍
2 |
Love how clear you made the topic. Thank you, James.
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I’m taking college accounting, so glad I found your videos the first week of class. You been a life saver already. Thank you for making it easy to understand
14 |
In all my time of YouTube access, this is the most useful YouTube channel I've ever come across. This guy makes accounting fun and easy to learn.😅
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I am new in financial and accounting area. Your videos are so helpful, you make those concepts, terms and process are easy for me to learn and understand. I got up at 4:00 to watch your videos and write the notes for thee and half hours without tiredness. I enjoy them all👍
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Dude, this helps a lot, as I watch your videos, I am more confident I’ll pass my accounting courses. Bless your heart-& your brain.
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James, Buddy you are doing such a great job and I have never seen anyone explaining accounting at this ease.. we so respect you for what you are doing and one request - please never stop making accounting videos.. I think you are the best in the world.
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You break it down so easily and make me want to keep watching your videos!! Thank you!!!
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I love your videos. This is like a refresher course. I am binge watching! Thank you and keep it up!
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Hey that "diagram" was definitely helpful with all the different term
Thank you again
I owe it to myself to share your videos in my booking groups.
Much appreciated again
Who stay at 1 am on a week end watching your videos learning while having fun?
Me of course🤣🤦🏾♀️🤣
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Ur awesome. Thanks for making hard staff very simple and clear. Ur the best
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Am an Accountant but honestly have forgotten much of this. Thank you for refreshing my memory
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So helpful. Definitely need a video about accruals. We just covered that in class, but it's all fuzzy to me.
3 |
@vatsalasrivastava6432
3 years ago
wow, take a few seconds to appreciate his cinematic video editing skills!!!
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