And if you want...
Some significant moments of my life, sss...
Why do you laugh?? No...nothing...
Subscribe to the channel...
-------------------------------------------
அதிக வயதில் திருமணம் செய்த நடிகைகள் | Tamil Cinema News | Kollywood Tamil News | Kollywood News - Duration: 1:44. For more infomation >> அதிக வயதில் திருமணம் செய்த நடிகைகள் | Tamil Cinema News | Kollywood Tamil News | Kollywood News - Duration: 1:44.-------------------------------------------
Panzer Diary #12 - Tank Cartoon World of Tanks - Wot Blitz - Heavy Metal - Duration: 3:45.Panzer Diary #12 - Tank Cartoon World of Tanks - Wot Blitz - Heavy Metal
-------------------------------------------
Accounting for Beginners #77 / Paying an Independent Contractor / General Ledger / Widget INC #5 - Duration: 13:26.yoyoyo wheeze back and who are you man I am CPA strength I am the strongest
licensed CPA in the state of Florida what do you do buddy I teach the
world-over accounting basic building blocks by building blocks by building
blocks if if you're new here please think about subscribing please think
about if you have my videos have been helping you please give this video like
so you don't forget give it a little smash that like button right now so you
don't forget later so it really will help the world find out about my
accounting videos and teach the world how to do accounting go be stingy with
this accounting knowledge you can go over here if it happens for your first
time you can go over here and this is the best playlist in the world this is
really the best accounting playlist you'll find it's all my accounting
playlist currently now what is this this is number 77 this is my classic series
this is my AFB accounting for beginners classic series this is number 77
independent contractor we're going to do an independent contractor expense a
subcontractor the cost of goods sold I don't really want to confuse everybody
with because sometimes like a cost of goods sold is really just an expense
it's broken up different but it's really on the cost of goods sold is on the
income statement under the expenses so I just wanted to leave independent
contractor as an expense but yes is a cost of goods sold for the purpose of
this video we're not gonna do we're not gonna rock with that even bigger than
this being number 77 of my classic series it is v it is number 5 of widget
incorporated where we started our own little business and I hopefully now that
we're getting going you can you can see exactly I hope why after this juror
after they ever do this journal entry you can see why the balance sheet and
the income statement are the way they are and we've just done you know one
journal entry a month but anyways let's get on let's see let's see if
the first one you've seen hey what's up consider watching my other ones if
you're back again hey what up we're learning a lot early and of course how
can I forget my DC either this is really why everybody would watch me damn its
current asset raw expense liability equity reference is like a mapping
system that so you won't forget everything now what are we doing in
number 77 here subset widget Inc number 5 let's go Road to 100 widget
incorporated pays independent contractors 3000 dollars to help with
widget repairs basically what's happy is we only had like 4 that we had like
$4,000 in our bank account I believe yes we had loot $4,000 in our checking
account we have a whole bunch of repairs to do but the only we don't have any
tools or any equipment any anything so we so we we don't have any employees
yeah we have a job to do but we don't have like any employees and employees
you know with like payroll and queueing a foreign employee I don't know do we
like this guy you know cuz that once you start it it's once you have an employee
it's the whole thing you have to have unemployment taxes and all this then
fire and blah blah blah so a lot of people do an independent contractor or a
subcontractor I wrote it out bless my heart right now as an independent
contractor because I think that's more I think you're like where he's an
independent contractor well it's a contractor that's independent he does
his own thing and dependently and view his own thing so you give them the money
without taxes and you'll get a 1099 but anyways it's just another expense
because for us it's a cost of goods sold but it gets the gross profit but it's an
expense because we don't have employees right now even if we did have employees
we might need a special we might need an independent contractor to come work
because he can do things that our employees can't
this is the case right here he has a lot of knowledge right here so he's
basically showing up with his little tool bag and he's gonna fix it he's
gonna fix some witches just because he knows the stuff does he went I don't
know he went to like wood just school for like seven or eight years or
something he's pretty smart guy already a contractor
anyways what do we have well you paid somebody $3,000 do we have cash or
checking account yes we do it's leaving the account yes what is that it's an
asset so if some foreign assets leaving the account the positives or our debit
if it's leaving the account into credit so boom so we have a credit for three
thousand in our checking account because because we have three thousand dollars
leaving our checking account what's our debit gonna be over here well
an independent contractor well your notice three thousand what why are you
having three thousand dollars leave your checking account it is because I'm
paying that independent contractor three thousand dollars that's in the ordinary
course of business and it's a new hope that you would get the money back so
that's an expense so we pay independent contractor three thousand dollars for
which repair she's really smart guy and we need him
we don't have salaried employees yet debit independent contractors three
thousand dollars credit checking account three thousand dollars okay this one
looks this board looks great everything wants to be in shape oh I need an eraser
because I won't feel right and I'm going to rock with the the purple because the
purpose feel real nice in my hand because I use the black one alot of the
purples feel good alright now what happened in that let me
look what happened that journal entry we're an independent contractor and
checking account for three thousand dollars each let's go to our chart of
accounts we already had our checking account because we I think movies are
checking out on all of our transactions so far up through this is May 31st sorry
I forgot to include that in the first board that it's May 31st sorry
it's the fifth transaction May 31st but we have we used there's our chart of
accounts we use checking account in that one - current asset and we used
independent contractor which is an expense now this is a new one so we
would have made an account for this one yeah we just make a new one because we
didn't have any other expenses that were even close to that or like a sub sub
grouping or anything the only other expense we had was rent
and pay to independent contractors not rent so we made up a new expense it is
an expense but it's not right expense so we made a new one and we also from
previous journal entries we have in our chart of accounts we have truck we have
loan from shareholders we have widget service asset liabilities revenue
expenses all various things so that was in our chart of accounts
now the to chart the two accounts that we use for that journal entry was it was
our checking account and our independent contractor let's go in the subdivision
of the account what's going on in the ledger the general ledger for our time
period of when the company started - May 31st 2017 or 2015 sorry May 31st 2015
there's only one thing that happened in the independent contractor general
ledger at 5:30 115 has an expense for $3,000 all right has 390 spends but it
has $3,000 in it he paid somebody $3,000 at the time now what's going on in our
checking account well yeah right we've had productivity in one one fifteen to
twenty eight fifteen 3:31 fifteen four thirty fifteen and five 31:15 so every
single journal entry every month every journal entry we've used the checking
account that's why I always say hey if you can figure out where the cash is
going you're gonna get about half the journal entry right and yeah and that's
what made my life a lot easier I started follow the cash and I started getting
more and more rights than of D's and F's I started it in season B's and then well
I never got better than that really
so I'm 531 15 checking account we had negative $3,000 if you hadn't subtract
every every journal entry that leaves us with $1000 at the end of our currently
right now in our checking account we have $1000 and our independent
contractor account we have $3,000 so that's our chart of accounts in general
ledger now let's bump over to our balance sheet
and income statement all right guys who's back through back
once again we're gonna do the balance sheet the income statement
now balance sheet goes on top that's at 5:30 1:15 set its current certain date
but let's go to the income statement first that runs from 1 1:15 to now which
is 5:30 1:15 what happened on our what happened in our income statement in our
expenses we had independent contractor for $3,000 we added that into our income
statement so that has our expenses at $7,000
we have revenue of $2000 with 2000 - seven thousand is negative $5,000
negative $5,000 is our net income for the year so far
revenues minus expenses net income negative $5,000 so the net income from
the income statement transferring four numbers it's two eights two times on the
end it's once on the income statement and then it goes over the balance sheet
under equity now balance sheet is assets equal liabilities plus equity our assets
our checking account is we've just a journal entry that's 1,000 now plus
starts truck at 4,000 is $5,000 for our assets on our balance sheet assets equal
liabilities plus equity our liabilities didn't change until $10,000 our equity
did change because our net income changed
it's now negative $5,000 so we have five thousand so we have ten
thousand dollars - five thousand dollars for liabilities and equity so that is
five thousand dollars the liabilities plus equity is five thousand dollars so
five thousand dollars liability plus equity equals five thousand dollars
balance sheet let's look at a couple things here common things that you might
hear I might hear from a client you might hear from a client or someone
dad's like so we have a profit of negative a loss of five thousand dollars
of negative five thousand dollars net income but we have a thousand dollars in
our bank account so someone might say ah buddy I have a thousand dollars here to
spend in my bank account but I've lost five thousand I don't make no sense if I
had if I would have negative five thousand in my bank account but I have a
thousand of a great counsel you're stupid
well you got you started with ten thousand dollars I was alone that's his
own thing so I want you to think about that or what I want you to do is look at
look at the a balance sheet the income statement the general ledger the chart
of accounts from the last video possibly I'm just giving the idea from last video
kind of look at it make the journal make a journal entry that we make look at and
then and then do the balance sheet and income statement chart of accounts and
such and see how the number the journal entries and the problem we did change to
the problem before anyways I got a super busy day I love doing this I'm staying
positive but someone this is going to be out in
September so gotta stay positive September is my positivity month nothing
about positivity and my each the YouTube channels just growing subscribers views
it's having record record days like every day now and
all this hard work is paying off anyways till next time have a great one
deuces
-------------------------------------------
Freshers Theme Reveal 2017 | David Collett Hall - Duration: 0:41. For more infomation >> Freshers Theme Reveal 2017 | David Collett Hall - Duration: 0:41.-------------------------------------------
Calli Boom - Thunder [Premiere] - Duration: 3:13. For more infomation >> Calli Boom - Thunder [Premiere] - Duration: 3:13.-------------------------------------------
Firework Season Trailer 2017-2018 [1080p HD] | Digital Pyro 💥 - Duration: 1:32.Firework season 2017-2018
Firework shows
Unboxings
Self-mades
Compilations
Firework demonstrations
Tutorials
Giveaways
-------------------------------------------
Deer board - Duration: 4:59.Many people like so called "hunting boards" with the images of wild animals
This is one more hunting board
Most people like deers and elks. Nobody wants hares or other small animals.
This board will be big - 610x430 mm. It will be made of walnut.
The main part of inlay will be made of maple, text - of cherry
-------------------------------------------
LookBook #4 - BackToSchool et s'il n'y avait pas d'uniforme... - FR - Duration: 3:01. For more infomation >> LookBook #4 - BackToSchool et s'il n'y avait pas d'uniforme... - FR - Duration: 3:01.-------------------------------------------
Calli Boom - Thunder - Duration: 3:13.Calli Boom - Thunder
-------------------------------------------
Young Sheldon CBS "Boy Genius" Promo The Big Bang Theory Prequel Spinoff (SUB ITA) - Duration: 0:30. For more infomation >> Young Sheldon CBS "Boy Genius" Promo The Big Bang Theory Prequel Spinoff (SUB ITA) - Duration: 0:30.-------------------------------------------
HOW TO GET IN BASEBALL STADIUM ON WATCH DOGS 2 NEW METHOD (ENG SUBTITLES) - Duration: 4:13. For more infomation >> HOW TO GET IN BASEBALL STADIUM ON WATCH DOGS 2 NEW METHOD (ENG SUBTITLES) - Duration: 4:13.-------------------------------------------
Onze:20 "Não Vai Voltar" Cover - Duration: 1:56.I open my eyes Today I realize that nothing was lost
The sun burns And open the windows of the heart
And hit your chest and make yourself ashamed
Reminds you of a beautiful song Now you play a game
Does not change the face to lose apologies
I know inside It takes in the heart a delusion
Cry in secret Suffer in silence, I know
Life will be beautiful After a while I'm going to smile
Now you play a game But tomorrow will not live without me.
I do not know why you've already put Someone in my place
I feel like this has already been Easier to accept
And even if you change Wanting to come back
is no use Now that you've broken
What will not come back
-------------------------------------------
3D Acrylic Flower in Black with Gold Micro Beads - Duration: 9:21. For more infomation >> 3D Acrylic Flower in Black with Gold Micro Beads - Duration: 9:21.-------------------------------------------
台湾・エバー航空に搭乗する!関空→高雄 - Duration: 8:07. For more infomation >> 台湾・エバー航空に搭乗する!関空→高雄 - Duration: 8:07.-------------------------------------------
DAY OFF / Gouache Speedpaint - Duration: 10:02.Oh wow ! It's been a week since my last video, not a month or more , good job me
I'll talk about materials first and then say some things about the picture I'm drawing
Today I will use Master Class gouache, Fabriano watercolor paper, synthetic brushes and Faber - Castell color pencils
A little note to my previous video. Fabriano and Canson watercolor paper is much better than cheaper paper made by our Russian brand for sure
The main question is can I afford it with my low budget. But if you have free money, don't hesitate and buy only good quality materials
So today I wanted to draw a guy wearing a sweater sitting in his living room.
Since I'm not that good at drawing backgrounds and interiors, I found a picture with the perfect room for this boy and used it as a reference
Also I think I might make a whole series where I'll draw something that I have problems with, like backgrounds, anatomy, different nationalities and so on
I can do this in September since I don't have anything important to do
As for the process, everything is as usual : I draw a sketch, then erase it a little, so the pencil won't be as visible
Then I stick the paper to a cardboard sheet, so it won't be wavy after I paint it
Then I paint the whole thing with gouache, leave it to dry and then add details with color pencils
Gouache isn't waterproof after drying, so be careful, cause you can smudge it with water any time
But you can draw something with a pencil, erase it and and draw again if you messed up multiple times , which you can't do with tempera paint
I decided to do a facecam at the end of each video, so you won't be distracted, so see ya :)
And here's the final result, At first I didn't really like it, I think I was too tired of looking at the same thing for like 2 hours straight
So after a few hours I looked at it again and now I think it's fine
I like that the color palette isn't so usual to me, I don't use yellow and brown colors that often
I might experiment more with different color combinations in the future
And that's it. As always, a little reminder
I'm always open for commissions, there's a link to my store in the description where you can buy stickers, prints, handmade sketchbooks and more
And I have a Patreon, where for just 2 $ a month you can get exclusive illustrations and sketches every Friday
I hope you liked this video and I'll do my best to make another one next week, bye !
-------------------------------------------
Are These Places In Scotland Real Or Fake? | Oot And Aboot - Duration: 1:22.Uhh yep. That's real as well. I enjoy it there yea.
Yea I've been there a couple of times. As a young man though
I don't remember it too well.
Oh my god. I want to say yes.
No false…false.
No. Nah
Seriously?!
Is it?!
The perfect place.
Oh okay great.
Fattahead. Why not. Why not.
Fattahead, yea. Fattahead's real.
Nah.
Fattahead yea.
It is. Yes!
Oh my gosh…
Yep that's a place.
No, it's not real either.
I can't even… say that again.
Yes.
Wow.
Oh no.
No, it can't be.
Yup, no, well. Its real.
No…no, no, no, no.
I need to go visit there, see what's happening there.
I don't recognize that and I know Scotland very well. So I would say that's not real.
Yes, yes, yes, yes.
Real place.
Yea…as I thought.
What! Come on!
Oh my god!
That means a disgusting Glen.
*laughter*
-------------------------------------------
KÖKSAL BABA ADAMLARINI HAVUZDA CEZALANDIRDI - Duration: 10:44. For more infomation >> KÖKSAL BABA ADAMLARINI HAVUZDA CEZALANDIRDI - Duration: 10:44.-------------------------------------------
Kletterwald mit Marie & Sähmon Junggeselle | #CokeTVBucketlist - Duration: 7:39. For more infomation >> Kletterwald mit Marie & Sähmon Junggeselle | #CokeTVBucketlist - Duration: 7:39.-------------------------------------------
Monthly Cheapest Mobilink Jazz Internet Package 2017 - Duration: 2:27.jazz internet packages monthly
jazz internet packages
jazz internet packages 2017
jazz internet bundle
jazz internet bundles
Free jazz internet bundles
jazz internet Free
Không có nhận xét nào:
Đăng nhận xét