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Accounting for Beginners #40 / Inventory / Asset / Journal Entry / Purchasing Inventory - Duration: 12:19.
you know welcome to FB boy you know what it is this is at 40 I try to get it to
the ceiling baby I feel yeah go see the baby the seal let's go you ain't heard
you ain't heard Vince the CPA strength I am the strongest licensed CPA in the
state of Florida you know what's happening you know what's up what is
going on you're like who is this guy yo he see pitch strength he's strong as
lark anyways I am the strongest CPA in Florida let's go I got this thing called
accounting for beginners it's the classic series it's my series it has my
DC idler into it let's go you're watching I'm into it if you want to
watch ones previously here is the playlist best playlists in the world
it's Saturday morning I'm fired oh boy I got a working out like 5:22 in
the morning this morning that I was awake for that I already slept the
previous night for so I'm fired up man I'm trying the 30s was like a little bit
of come up I'm 40 now these next 10 years stay with me you'll see husband
hair that hair is looking like trap Zola caring for beginners number 40 inventory
journal entry purchase these next couple we're gonna work on inventory inventory
inventory inventory f7 Tori how you value the inventory journal entries for
inventory different ways of valuing inventory this one is just gonna be
rolling what I thought to be a very basic leaning in journal entry
the only inventory that I've done before was I believe Anthony number 11 which
was life FIFO and LIFO which I'm looking into the
next couple videos and I have looked back at those videos I don't know what
the heck was going on there sorry to say trash you know at the time I thought it
was good just like at the time now I think this video is decent although when
I watch myself back I'm like what a cringe but I you know I think this is
decent so you just gotta keep practicing you gotta keep on doing homework
problems to get better at accounting I gotta keep making videos and get in
front of the camera to make myself better in front of the camera I had to
hit off the tee a million times to have a decent baseball swing so we're gonna
do a basic inventory in number forty forty I am forty right now can you
believe it forty I am over the hill one of the top four favorite rappers I have
is e forty housekeeping this is DC a blur this is my mapping system already
helped thousands of people pass their accounting tests get jobs because then
it's like an idiot ur interview anyways DC aid work debit card that's the draw
expense liability equity revenue this is my mapping system it works boom now
we're hopping off into inventory so we want to let's think about this here
inventory is an asset alright like I have a journal entry with with inventory
I see inventory somewhere we're talking about inventory it is an asset lapses
nice I did a video on assets a few videos ago in the classic series of
course so you can go to the playlist and look but pretty much I believe the
definition was a resource in your business to help you acquire more
resources so it's like I got my chipper chipperz chipperz chipperz chipperz owns
shipping Boyd Superdome like chippers these chippers are gonna help me get
more trooper so um inventory inventory is an asset so everybody's going to be
here so that's what the inventory is inventory is an asset widgets is what
I'm winning is for inventory and the thing about the widget everyone's like
oh this we just have no widgets or widget okay listen people I'll let you
do whatever you want say whatever you want which it's a
freaking widget man it's supposed to where you go this is a widget this is a
widget pretty much anything that a tangible item I will call a widget the
inventory is a tangible and this is my difference event with word because I
found trash definitions I thought were trash on the Internet
so let's inventory inventory is a tangible and tangible can be seen or
touched inventory is a tangible hood held for resale so it's something that
you can hold and touch this is my inventory I have a bunch of these are
different values of these and I'm calling this no not countenance
interracial pencil widget the reason I'm not calling eraser and for the business
and for my future videos why this is called it why I'm calling it's a widget
is because I'm gonna say I bought five we look about five which is $100 per
widget and then this is the internet so you knew people going that's just an air
ace bruh it's a widget man calm yeah
so no everything's a widget okay that's a widget it's just it's just so you can
think about the mechanics of it and not get not get a held back or stopped on
that this thing would never cost a hundred dollars because it's a widget
and it obviously does okay so that's so far
that's our housekeeping so let's just do a journaling let's just do a journal
entry with inventory and see what's poppin okay also in inventory you're
gonna have two different things perpetual in periodic in the next video
I'm going to go over perpetual and periodic but for now just know that
we're going to perpetual inventory mostly a lot of inventory is done
perpetually so it's more it is more accurate sometimes let's do a journal
entry here for for inventory perpetual inventory okay but and to go before we
do the century it gets a little dicey er when you are selling the inventory or
just buying we're just buying an inventory right now so that I'm breaking
it up into sections so this is really this is going to be easy so you're like
about 5 widgets 100 per widget perpetual inventory perpetual inventory right
there like did I've never you're like I've never seen inventory before I'm
scared I'm scared so it's inventory so you know there's some the resale in
these widgets they're gonna hold them in their their their warehouse their office
until they resell the widgets so like I've never seen inventory I'm scared but
don't be scared don't be scared of the inventory we've already gone you know
the inventory is an asset because you've got these widgets and you're gonna
resell these widgets for like double the money you're sitting on them buy low
sell high it's business right business oh my go let's do this journal entry you
guys love these journal entries almost as much as me now I'm sure probably not
as much as me if you were gonna journal entry in your
sleep I get a lot of people let's say DC you'd learn their sleep
I think I'm yeah definitely not that I've done journal entries in my sleep
before I'll try to get it to the ceiling beer bag
about five midgets 100 dollars per widget all right do we have any cat dude
look look look let's make our do we have any cash yes thank goodness without five
widgets at $100 per widget UPS $500 we have $500 cash you buy if you buy
something do you have cash coming in or going out you have it going out if you
bought something cash we no cash is an asset DC Ahlers if in the positive form
R if it's going up we have cash leaving the business so that is going to be our
credit $500 $500 cash that's going to be leaving our business well it's gonna be
the debit of our journal entry hmm well what did we get we got we got widgets we
got widgets that's what we got oh hi we spent the money over here what
did we get we got widgets we know widgets we're gonna resell them later
time for more money so it's inventory we know inventories an
asset oh well so if you can't remember this stuff write it down on your morning
paper like you do DC Aylor you know that's what I would do so oh we already
know this is $500 because you know they always have to equal all right you
always know they have to equal and what do you what are you getting here you're
getting widgets so widgets inventory now all you have is widgets so
go to your chart of accounts and the only the only chart of account you have
a fur inventory under assets is just inventory so you just have inventory
it's just widgets so anyways that's gonna be your debit and vent Hori five
five ladies four hundred dollars per widget that's five hundred dollars so
you have five hundred dollars leaving your company let's go to me a credit for
five hundred dollars cash what's gonna be your debit well you know it's five
hundred dollars because they always equal and you're getting inventory
inventories and assets so that's going up so that's gonna be your debit yo
thank you for watching once again happy happy Monday morning to you TG I am
thinking it's Monday let's bust this week wide open let's grind let's go hard
you know we'll just go hard to have a great week and then we can relax spend
spend doing things you like to do I like to grind grinding is fun anyways if you
like this video please give it a like please leave a comment below it helps
the channel more than you would ever know it let's it lets the video reach a
wider audience and who doesn't need to know about accounting am i right deuces
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Some Fundamental Ideas From The Law of One Material - Duration: 9:28.
Some Fundamental Ideas From The Law of One Material
by DAVID NOVA
The One Infinite Creator
The Law of One states that there is only one, and that one is the Infinite Creator (4.20),
which Ra also calls �Infinite Intelligence� and �Intelligent Infinity.� It is impossible
to describe the �one undifferentiated intelligent infinity, unpolarized, full and whole,�
but It can be activated or potentiated (28.1).
Each portion of the creation contains, paradoxically, the whole (13.13).
Illusion
Since all is one, all manifestation, or appearance of many-ness, is an illusion (1.6, 106.23).
According to Ra, it is an illusion carefully engineered in order to give the Creator the
opportunity to know Itself (27.17).
Distortion
In Ra�s terms, �distortion� is anything that moves away from undistorted unity.
This can be either what we would consider �good� (distortion toward love) or �bad�
(distortion towards ill health).
There are three fundamental distortions of Infinite Intelligence:
The First Distortion
The first distortion is free will, or finity, or the limit of the viewpoint (13.12, 15.21,
99.5).
The created universe that we experience is the Creator�s exploration of Itself through
the first distortion, which Ra also calls the Law of Confusion (27.10).
The Second Distortion
The second distortion is Love, or the Logos, or the Creative Principle (15.21).
It is �the focus, the choice of attack, the type of energy of an extremely, shall
we say, high order which causes intelligent energy to be formed from the potential of
intelligent infinity in just such and such a way.� (27.12) A Logos can create a single
star system or it can create a galaxy with billions of star systems (28.7).
Each galaxy has its own system of natural laws (13.13) and, I believe, its own �cosmic
mind� (91.2).
Ra says that some of its members have wandered to the creations of other Logoi, and that
�[t]he experience has been one which staggers the intellectual and intuitive capacities.�
(90.17) In the case of galactic systems, the first physical manifestation of a Logos is
a cluster of central systems (82.8).
The Third Distortion
The third distortion is light (15.21).
It is the first manifestation visible to the eye (78.9).
Light is intelligent, full of energy, and the building block of what we call matter
(13.9).
Light�s characteristics include �the infinite whole paradoxically described by the straight
line.� Ra says that �[t]his paradox is responsible for the shape of the various physical
illusion entities you call solar systems, galaxies, and planets, all revolving and tending
towards the lenticular.� (13.9).
Light energy has an upward spiraling characteristic which impels evolution.
(13.17).
Sub-Logoi
Our galaxy was created by a single Logos (28.9) and our sun is a sub-Logos of that Logos (29.1)
A sub-Logos individualizes or differentiates the natural laws set up by its Logos (13.13,
29.2).
It also refines the cosmic mind into its specific archetypical mind, informed by the experience
of earlier sub-Logoi (81.33, 91.3).
Sub-Sub-Logoi
Humans are an example of sub-sub-Logoi (29.7).
Densities
The creation has seven levels, or densities; the eighth density forming the first density
of the next octave of experience, just as the eighth note of a musical scale begins
a new octave (16.51, 28.15).
Between seventh and eight densities the creation re-merges in a period of timeless, formless
unity with the Creator (28.16).
It is Ra�s understanding that �the ways of the octave are without time; that is, there
are seven densities in each creation infinitely.� They point out, though, that the limits of
their knowledge are narrow (78.15).
First density is the density of awareness, in which the planet moves out of the timeless
state into physical manifestation.
Its elements are earth, air, water, and fire (13.16).
On earth, after matter had coalesced and space/time had begun to �unroll its scroll of livingness�
(29.11), first density took about two billion years (76.13)
Second density is the density of growth, in which what we call biological life emerges
and evolves into greater and greater complexity (9.13).
Second density on earth took about 4.6 billion years (76.13).
Third density is the density of self-awareness and the first density of consciousness of
the spirit (13.21).
It is the �axis upon which the creation turns� because in it entities choose the
way (either service to others or service to self) in which they will further their evolution
toward the Creator (76.16).
Third density is much shorter than the other densities, taking only 75,000 years (6.15).
Fourth density is the density of love or understanding.
Those who have successfully chosen a path come together with others of like mind in
what Ra calls a �social memory complex� in order to pursue that path, either loving
self or loving others (20.36, 48.6).
Fourth density lasts approximately 30 million years; fourth-density lifespans are approximately
90 thousand years (43.13, 43.11).
Fifth density is the density of light or wisdom (25.11).
Lessons are often learned individually rather than as a social memory complex (43.14).
Fifth-density entities are beautiful, by our standards, because they can consciously shape
their physical forms (62.21, 90.5)
Sixth density is the density of unity, in which love and wisdom are blended together
(33.20).
The two paths reunite as those on the service-to-self path, realizing that they cannot successfully
master the lessons of unity without opening their hearts to others, switch their polarity
to positive (78.25).
Ra is sixth-density; their sixth-density cycle is 75 million years (14.19, 14.21).
Seventh density is the gateway density, in which we once again become one with all (16.22).
It is �a density of completion and the turning towards timelessness or foreverness.� (41.16)
Eighth density is also the beginning of the first density of the next Creation (28.15).
It is �both omega and alpha, the spiritual mass of the infinite universes becoming one
central sun or Creator once again.
Then is born a new universe, a new infinity, a new Logos which incorporates all that the
Creator has experienced
of Itself.� (52.12)
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Hé Lộ Tử Vi Ngày mai Thứ 3 ngày 11/7/2017 của 12 con giáp Xem tu vi hang ngay thu ba 12 con giap - Duration: 14:00.
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BINGO cachorrinho e mais animais | 30 minutos de Canções Infantis e Cantigas de Roda para Bebês | 4k - Duration: 29:28.
For translations, please visit individual videos. Links in description
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PERSON WITH NO KNOWLEDGE OF GAMES (2) - Duration: 2:47.
click on auto translate and choose your language
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attempt (verb) - Duration: 1:14.
attempt (verb)
Verb Forms
attempt
attempts
attempted
attempting
to make an effort or try to do something, especially something difficult
attempt to do something
I will attempt to answer all your questions.
Do not attempt to repair this yourself.
attempt something
The prisoners attempted an escape, but failed.
Extra examples
A group of junior army officers attempted a coup in March 1988.
Don't attempt to argue with him.
In attempting to avoid the obvious pitfalls, many students make other silly mistakes.
More than once, depression drove him to attempt suicide.
The coastguard had advised them not to attempt a rescue.
The patient may attempt to dismiss or deny the problem.
The prisoner was shot while attempting to escape.
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peekaboo
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EARTH IS GOING TO BE SWEPT BY RAPID WAVES OF COSMIC ELECTRICITY ACCORDING TO PROPHECY 70 YEARS OLD - Duration: 8:38.
EARTH
IS GOING TO BE SWEPT BY RAPID WAVES OF COSMIC ELECTRICITY ACCORDING TO PROPHECY 70 YEARS
OLD
The Hindus have saying Kali Yuga which states �During the passage of time, the consciousness
of man traversed a very long period of obscurity� and this is about to end.
People are now at the frontier between two epochs, the Kali Yuga and a new era about
to be entered into.
DIVINE FIRE WILL PURIFY THE EARTH READYING PEOPLE FOR THE NEW ERA Gradual improvement
is starting to occur within the sentiments, thoughts and the very acts of human beings,
however, soon everyone will be faced with divine Fire and this will purify along with
prepare people when it comes to the New Era.
Man is going to rise to a degree of consciousness that is superior and which is going to be
indispensable to gaining entry to a new life, or ascension.
However, decades are going to pass before the fire comes and it is going to transform
the world as it will bring with it a new moral.
The huge wave is going to arrive from cosmic space and it is going to take over the whole
of the Earth.
Anyone who tries to oppose it is going to be taken off and put elsewhere.
THE NEW WAVE WILL REACH THE WHOLE COSMOS
People who live on Earth are not all at the same stage when it comes to evolution.
The new wave is going to be felt by every person, and the transformation is not going
only to reach to touch Earth, it will also reach into the entire Cosmos.
The only thing that man can do right now is to turn to God and try to make improvements
consciously and become in harmony with the wave that is soon going to submerge him.
The fire that will come with the new conditions to Earth is going to purify and rejuvenate,
along with construct every single thing on Earth.
All matters are going to be refined and the hearts of man are going to be freed from troubles,
anguish, and incertitude and they will become luminous.
Everything on Earth is going to be elevated and improved, while any negative acts or sentiments
will be destroyed and consumed.
At the moment life is slavery, a prison sentence that is heavy.
People should understand this situation and then liberate themselves from it.
It is awful to look around and see all of the sufferings and misleading along with incapacity
to understand where happiness truly lies.
Everything is soon going to collapse, and it will disappear and there will be nothing
left of the civilization and its perversity as the whole of the Earth is going to be shaken,
and there will not be any trace left of the culture that has kept men under ignorance.
It is said that earthquakes are not just a phenomena that are mechanical, it is said
that their goal is to waken-up intellect along with the heart of human beings, so they can
be liberated from errors along with follies and understand they are not just the only
ones in the universe.
The solar system is going over a region of the Cosmos where a constellation that got
destroyed had left a mark along with dust.
The crossing of space that is contaminated is a source of poison, and this applies not
only to the people that inhabit Earth but those living on all other planets in the galaxy.
The only thing that is not going to be affected by the hostile environment and influence in
has on it is the sun.
EARTH WILL BE FREE OF THE ZONE OF CONTRADICTIONS The region has the name of the �Thirteenth
Zone� and it has also been called by the name of �The Zone of Contradictions�.
It was said that Earth had been enclosed within the region for many thousands of years but
now the exit from the space of darkness is arriving and people are on the point of gaining
a region that is more spiritual and one in which beings who are more evolved live.
The Earth is said to be following a movement that is ascending, and people should make
themselves harmonize with the ascension currents.
People who refuse to do so are going to lose the advantage of the conditions that are good
that will be offered so that they can elevate.
These people will be left behind in evolution, and they are going to have to wait for many
tens of millions of years for a new ascending wave to make its way.
EARTH WILL BE UNDER DIRECTION OF LOVE The Earth along with the universe and solar system
will be under a new direction, the impulsion of love.
While many believe that love is a force that is derisory, it is one of the greatest of
all the forces.
Power and money will continue to be venerated just as if life�s course depends on it.
In the future everyone is going to be subjugated to love; however, it will only be through
difficulties and suffering that man�s consciousness is going to be woken up.
The prophet Daniel made some predictions that were terrible, which was written in the Bible
and they are in relation to the new epoch that is approaching.
It was said that Earth will see hurricanes, huge fires, earthquakes and floods and they
will destroy everything in their path.
It was said that blood is going to flow in huge abundance and explosions that are terrible
will resound throughout many regions.
Where there once was Earth there will be nothing but water and where there was once water it
will become earth.
Following the suffering people that will be saved will then come to know the Golden Age
and all its beauty and harmony that is unlimited.
People should keep faith and peace during the terror and suffering, and they should
not be discouraged as they will have no idea as to what great future is awaiting them when
a new Earth comes.
Work is going to be less exacting, and people will have the time for artistic, spiritual
and intellectual activities.
People will live in harmony and will be able to take a voyage in different planes of space
and even intergalactic space.
The New Era will be the sixth race and this race is going to be built around fraternity
with no conflict of any personal interest.
It will be a race of love and will have a brand new continent that is going to emerge
from the Pacific.
People will see that there is no other path to take and so they will engage the New Life.
The new culture is going to see the light of day and will be based on three principal
foundations, protection of rights of man, elevation of the humble and meek and elevation
of woman.
The good, light and justice are going to win and this is all just a question of time.
Religions are going to be purified and all of the believers are going to come together.
As the Earth that is known is going to be swept away by the Cosmic Electricity rapid
waves.
Those who are bad and who have led other people astray will be absorbed by the Cosmic Fire.
MOTHER EARTH WILL REJECT THOSE WHO DO NOT WELCOME NEW LIFE Mother Earth will reject
anyone who does not accept the New Life; these people are going to be rejected just like
fruit that has been damaged.
Only the people full of love are going to remain.
Following the tribulations, people will stop sinning and will once again follow the path
of virtue.
The climate is going to be moderated, and the water and air will be pure.
The Earth is going to be a blessed place on which to live, but before this happens, there
will be great suffering.
Underneath the Earth, there is something very extraordinary getting ready.
It will be a grandiose revolution.
God has redressed Earth and this is the end of an epoch, the New Order is going to take
over from the old and only love
is going to reign.
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