Want to learn about accounting? You are in the right place!
I’m Sabine, a CPA, CMA, MBA and CSSMB with over 25 years of experience in public accounting and industry. I am creating educational videos to help my students at Moorpark College and anyone else who is interested in learning more about Introduction to Accounting, Payroll Accounting, and Accounting Ethics. I also have a playlist for Balance Sheet reconciliations and Bank reconciliations.
On this channel, you’ll find how-to tutorials / lectures with many examples that help make accounting concepts easier to understand and to apply in practice. Whether you’re just starting out or expanding your skills, I will guide you through the topics that are important for accounting students and accountants.
Got questions or requests? Drop a comment on any video, and I’ll get back to you.
Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
When calculating net sales, the balance of the
5 days ago | [YT] | 1
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
When taxable goods are sold on credit, the sale of the goods and which other item are recorded at the time of the sale
6 days ago | [YT] | 0
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
The balance due from an individual customer can be found in:
1 week ago | [YT] | 0
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
After all postings have been made, the total of the schedule of accounts receivable (AR subledger) should equal
1 week ago | [YT] | 1
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
The company's weekly payroll is $8,750, paid on Fridays for a 5-day work week. Assume that 12/31 is a Monday but the employees will not be paid until Friday, Jan 4 of the following year. How much should be accrued for this payroll as of 12/31.
1 week ago | [YT] | 2
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
The form sent to suppliers to order goods is called
1 week ago | [YT] | 2
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
81) On November 1, 2024, Smith signed a one-year contract to provide handyman services on an as-needed basis to King Associates, with the contract to start immediately. King agreed to pay Smith $4,800 for the one-year period. Smith is confident that King will pay that amount, but payment is not scheduled to occur until 2025. Smith should recognize revenue in 2024 in the amount of
1 week ago | [YT] | 1
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
Which of the following is not an indicator that revenue can be recognized over time?
2 weeks ago | [YT] | 1
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
On June 1st, Lucy & Bros received an order for 500 cupcakes. Lucy delivered the cupcakes to the client on June 25th. A $50 deposit was received on June 5th and the remaining $450 was paid on June 30th. Lucy likely would recognize revenue on:
2 weeks ago | [YT] | 2
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Professor Sabine D'Amico, CPA, CMA, MBA, CSSMBB
For a typical manufacturing company, the most common critical point for recognizing revenue is the date:
2 weeks ago | [YT] | 1
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