yo yo yo CPA strength here with another video I don't know why I was listening
this video is brought to you by motivational speaking
gangster rap formal Friday the most Jacked CPA you might know what does this is hair
Thomas I don't know what's he saying
ones prayer Irwin's pray ok ok I don't know I just felt like doing that for
this video don't know what hi I'm we listen to motivational speaking for the
past couple hours and so I just had my life had my laptop over here and I just
you know I got my camera out I got this board ready for what we're doing today
and all this all this stuff and you know hit record and Campbell everything got
ready and I've been playing this for two hours so that was the next thing that
came on I don't know I just thought that'd be fun like why is like the next
thing and it was what was it what's interesting a gazelle no lion because
the gazelle is running from something I don't know anyways yeah I've listened
to a lot of motivational speaking this morning and of course the gangster rap
they're like they're like JD why do you listen to this trap why do you put this
trash music in the middle of it because it motivates me because because I love
it because it is me because I you know what am I
I think the first tape I ever bought was 2 Live Crew tape wrapped
they're from they're from down here and in South Florida and it's like you know
another lice license to ill by Beastie Boys a rap tape I just that's who I am I
love rap I love traveling I love shoot em up bang bang gangster rap all right
just what is just what it is it's me and I'll tell you what there's something
that I'm better than every single one of you watching this right now I am a
better Jonathan Dorn than anybody else in this world get that so I'm just gonna
keep doing me baby yeah anyways this is accounting for beginners number 91
noventa you know a 91 can you believe we made 91 Rogner making my first five oh
my god anyways so there's 91 so you're like did you do 90 other videos on
accounting for beginners yeah bro so up here's the playlist best playlist in the
world you get all the videos now this is like what is the best what what is the
best you know and and it's it's a good question i I wanna I'm just I'm trying
to be the best in the world at something so it's like you know you're trying to
pass a class you're trying to pass the class you're trying to learn accounting
you're like what's the best mapping system what's the best mnemonic what's
the best way you know I like DC a blur it's just kind of what I learned also
I've gotten fat you know hundreds of thousands of different variations of the
DC Aylor like I in the comment sections I use this I use this I like this
they're all good what I'm saying is they're all good okay it's like pizza
it's like deep-dish in New York fin you know
all good okay you know what are you like pepperonis or olives or both or it's all
good it's however you know however you're eating that pizza all right baby
so I used to sailor and what I was getting at is I read a comment that I
frickin actually forget now what he said he uses waited someone did something
left to ease here and he got confused whether it's an expense or inequity
which yeah I agree but I've just started with this and so ingrained and I don't
even really use like this this any words what I'm getting at
so some other popular ones is Dade Claire I've seen DCT or and then over
here it's like I use equity right here for the Lord I use equity right here but
then you know some other other people have you know change some of the
letterings around I guess I should I just noticed right now they all start
with D so at least everyone can always remember that that's debit I guess I
don't know I just saw that right now I have a very weird brain I'm weird weird
weird I actually got a comment so it's a CPA strength you're weird as fuck I'm
like thank you very much and if so I use equity other people place capital other
people put owner's equity what I'm saying is I'm not I'm not concerned
about which way what mnemonic or mapping device you use I'm not even concerned if
you even use a mapping device I really don't care do I care what you call if
you call it equity owner's equity or capital no it's basically what the owner
has invest in the business it's or you could see I
I kind of like to see as how what I think this these are is assets equal
liabilities plus equity that's the balance sheet right and so you have
assets so you have a truck right you have a truck here who owns the truck do
you all over the truck to somebody else or does the company own it
oh or owned you owe or do you own it right so that's right that that's all
this is do you what part of the assets do you own or not so I don't care how
you label it what's what's the best right what's the best its however
however you can get to a debit over here debit on the left and a credit on the
right
I just thought I'd construct like what I think is important and how you get there
I don't really care how you get there like you got to work did you take them
you got you know you got to the word you got to the workplace bright-eyed and
bushy-tailed I don't care if you drove your car I don't care if you took the
subway I don't care if you took a a scooter I don't care if you hitchhiked I
don't care how you got here you just here all the time when you're
bright-eyed and bushy-tailed diverse I just think I just took that analogy on
the spittle yeah so I don't care how you put it fill in these eight different
boxes and I just want you to fill in these eight boxes the most important
thing see I do the most really the most important thing and everything is either
going to be a debit or a credit so left or right so that's why I personally like
to segregate that's not racist is it anyways I like to separate the D and the
C because that's debit and credit cuz that's like half of it left and the
right then I don't care how how or when
basically you have you have three items you have three items that if they're
increasing their debits then you have three items if you're worried if they're
increasing they're gonna be credits so you you know you can mix match them all
the way let's see Dave Clark has the same the same it's a central expense see
death damn debit and credit but I like to just get out of the way first on its
own thing cuz it's me it's it's own thing it's a debit credit but I see the
mayor this and the de-clutter because because
you have them you have them separated I kind of looking at this one down I'm
kind of liking this date Claire - because over here you have your your
debits and then over here you have your credits
when they're both going up so I kind of like this one too
and it has an C it has s it has the assets here has the assets tough left
and then and then it has C has the asset and then it has the liabilities and
equity say I have the asset the liabilities and equity right there
so I have the balance sheet like what's a fuse the DC deal this is a e.e al
I'm sorry draw expense assets you have so you so this so the DC dealer
draw expense asset and and then over on lor liabilities owners owner equity
revenue so the same the same over here right the revenue will go here what I
don't like about this one my personal preference but if you like
it you like it this one it it mixes up
see here's here's the income statement on this one and then the balance sheet
is here and then this is the other side of that so see that's why I don't really
like the different that's why I personally like a DC a blur to this
video even make any sense did this video help anyone I hope it helped of somebody
because that is the main focus of my videos when I make one every morning how
many people can this help can this help somebody is this gonna help somebody so
I hope this helps somebody I really do mmm let's see if we can summarize in the
last couple minutes that I have what was I thinking because I always get I use
this or I use this it really doesn't matter oh I know what I can summarize um
hi Google search myself the other day just the CEO pops up and it's kind of
amazing how big I'm getting now and the stuff if you were to search for me 20
years ago that would have popped up or when the internet started I just I just
just flooded it with more different stuff for my name anywho so now I was
gonna summarize what are you gonna summarize but they're like how can I
trust how can I trust Eph strings how can I trust it can I trust them that's
what I was a question on ready I seen hey this guy's CV strength does
anybody know he has the basic accounting series on YouTube Grant trust them
well yeah cuz I just teach the basics all I'm teaching all I'm teaching is so
it's like the DC and learn I don't want to get caught up in that you know it's
the basics of accounting I don't I just want you to know debit or credit debit
is left credit is right I want you to know on the left hand on the left hand
side which is also the debit side you would have three different accounts in
the positive form asset draw an expense on the right side also the credit side
you would have three different accounts main accounts whatever that if they go
up they go on if they're increasing they go on the right side there's also the
credit side those three accounts are liability equity and revenue so that is
the summer I don't care how you get there I want you to stop forget about
all the rules in your head how you get there I just want you to write that on
your paper every single morning and then I'm telling you after a year or
something you just put a line you'll just put a line through this and then
you know you just see it in your head but anyways I love this till next time
this is see