Financial Accounting - Income Statement 

This man knows how to teach accounting, I learned more in 3 mins 56 seconds than I did in 3 45 minute lessons. THANK YOU SIR

I been trying to understand this since the beginning of class 3 months ago. I have a finals exam in 4 days and I now get it. Thank god, this is not difficult , now its time to learn the balance sheet.

Thank you sir 1 hour before accounting final saving my life xD

Simple, Clear, and Coherent. YES! Thank you so much. Love your videos. Will be sharing them.

Awesome!👏 Income Statement or Statement of Comprehensive Income has two formats: single-step and multi-step. On above it's a single step which are listing down all revenues and listing down all expenses to get the net income, or in other words "revenues-expenses= net income. While multi-step that is from below. It has details or information of revenues and expenses rather than single-step. Thank you so much! On your video, I have lot of information that I have learned. ❤️🤗

I have been out of school for about 9years now and i finally decided to further my education. Business management level 4 and it has been really difficult even though i just started. After watching this video and getting clear understanding of how it works is a big deal for me. Thanks alot for this video.

You, GOD given angel, sir mattfisher when it comes to accounting. Thank you.

Your videos are great! i'm a girl from sweden who's studing an international program and my teacher is really not that good at explaining.. but your videos really help me with my course! thank you so much! You're a great teacher

I watch your videos from Abuja Nigeria, very helpful cos I don't ve accounting background . I work as a support staff in an audit firm. Thank u.

Best explanation on all of RU-vid you were born to teach well done ;)

Watching this 1 hour after my accounting final!! You saved my life!

thank you Kevin Spacey

You sir have saved my life. My accounting final is tomorrow and now I'm not as terrified.

You are a type of guy who is just usefull u saved me :) thanks captain

Excellent presentation. Really clear and easy to understand. Would be excellent if you could do a session on Financial Institution accounting and how this is different.

Thank you Mwalimu. This is golden.

This is awesome you simplified and made it easy for beginners ❤

They should put your videos in all lecture classes,so defined and easy to understand,Thank you so much

thank you so much ! you're great ! please do one on ratio of liabilities to owners equity !

Thanks, your explanation in these videos is so clear.

your videos are very helpful, oh my GOD what a good job. you are sharping the World. thanks allot. be blessed.

Well done ,good explanation of the income statement

Thankyou for teaching it so well , very kind of you.

Magic Explanation Really You are Great Teacher

thank you so much for your vids..... really helping me here down in Australia :)

Thank you so much professor for this video !

YOU ARE A HERO

Thank you so much for this useful data! Greatly appreciated,

Good informaton and easy to follow. Thanks

you should come and be my accounting teacher!!

THANK YOU SOO MUCH ! YOU COULD NOT HAVE CLARIFIED THIS ANYMORE BETTER. ! THANK YOU A MILLION XS.. !!!! =)

Thanks very helpful basic to build a solid foundation.

Quick question, when you say taxes do you mean taxes you pay on your profits or do you mean sales tax you have to pay when you sold the table? Thanks!

My professor discuss this way too complicated. this video makes the income statement simple.

i am so thankful thank you so much you helped me ...

well explained and easily to understand thank you sir

Nice vid bro

Great Video!! Super easy to understand.

ah you are a genius!! have a test tomorrow....

Nice video

GOOD JOB

Helped me out! Thanks!

Very helpful !! Thanksss

great video! simple and clear. Thank you!

please number your videos to show which lesson come before the other i just joined your channel.

your are the best.thank you

awesome teacher. thank you thank you thank you.

thank you so much mr. this is much better example :)

you teach sir, thank you

thank you sir.

thank u for this, it is much easier now.

Thank you John Terry

Finally, i understand

Good.class.thank.you

Thank you

Thanks 🙏🏼

So if I bought a Biro of 1000 and sold it for 1,500. Is my cost of goods sold 500? Or it’s 1000. I understand my profit should be 500 though .

Thanks sir

THANKS SIR

i wish You were my teacher.

Good video, but presentation-wise make sure you don't stand directly in front of the information so much. Common mistake.

good stuff. thanks

Thanks

A few hours before my final accounting exam

good teacher just took me minutes to understand🤔🤔

cool thx, but my prolem is that i see many formats for the income statement, i am gonna watch vids and look at the book until i figure it out.

Why is operating expense an asset? Why group it w revenue

thank You Sir

Wow

tysm

Thanks Sir :)

Whats the formula of cost of goods sold????

All of us after watching this video: OOOOHHHHHHHHH

thanks

Why does he say "we are not going to talk about the income statement" at the beginning?

Thank you!!! ;)

I dont have sales on my question

i thought ill fail in accounting xam tommorw...but now i realized that i wont!!!! o.o

I should not be cramming for my exam today but let's see how it goes...

are equipments considered an expense?

Show all operating expenses

acha ha

Hi Sir, does GST Paid and GST Collected goes to Income Statement or Balance Sheet?

Go friars !

Aman chalia

Pov:me from 2023💔 Thnx 🥺✨️

i have my exam in 4HR

i can hardly hear it

eg :

Sounds not allowed

Kevin Spacey ... lol Midterm in 6 hours (it's 2 AM ... ) ... lol

Thank you

thank u sir

Thank you