Learn Accounts Receivable in 5 Minutes (Step by Step)

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Learn Accounting in 5 Minutes. In today’s video, we cover Accounts Receivable. In this video, I break down this concept with a real-world example followed by a short practice problem that makes learning insert fast and easy. We cover journal entries including Receivables, Collecting Cash, Write-offs, and Reinstatements. Check it out!
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⏱️TIMESTAMPS
0:00 Real World Example/Intro
0:37 Intro
0:45 What are Receivables?
1:38 Journal Entry #1 - Set Up the Receivable
2:13 Journal Entry #2 - Collecting Cash
3:05 What Happens if they Don't Pay?
3:29 What is a Write-Off?
3:51 Journal Entry #3 - Write-Off's
4:12 What is a Reinstatement?
4:24 Journal Entry #4 - Reinstatement
5:15 Different Types of Accounts Receivable
5:27 Outro
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Опубликовано:

19 июн 2024

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Комментарии : 8

@Accountinguniv 2 года назад

⏱️TIMESTAMPS 0:00 Real World Example/Intro 0:37 Intro 0:45 What are Receivables? 1:38 Journal Entry #1 - Set Up the Receivable 2:13 Journal Entry #2 - Collecting Cash 3:05 What Happens if they Don't Pay? 3:29 What is a Write-Off? 3:51 Journal Entry #3 - Write-Off's 4:12 What is a Reinstatement? 4:24 Journal Entry #4 - Reinstatement 5:15 Different Types of Accounts Receivable 5:27 Outro

@Justme-bless 6 месяцев назад

You taught in an understanding way. You were clear , had a great tone and I loved the way you presented the process in relatable detail while using journal entry visuals. New subscriber here❤ Thank You for sharing.