Introduction to Balance Sheets

4 Dec
2009
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Using a home purchase to illustrate assets, liabilities and owner’s equity. … Finance accounting equity mortgage debt credit crunch

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25 Responses to Introduction to Balance Sheets

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ngzhihang

December 4th, 2009 at 9:57 pm

very nice..thanx.

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TaTyTu777

December 4th, 2009 at 10:25 pm

thankssss !!

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offshorebaker

December 4th, 2009 at 10:41 pm

This guy is a legend, he helped me pass my GMAT! Nice intro on accounting BTW.

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Moi8Q

December 4th, 2009 at 10:50 pm

thank u sooooo mcuh for this amazing effort !
it was really useful !!!
thanks again :D

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BasemanB

December 4th, 2009 at 11:07 pm

thank you video is very useful.

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chubbychilli

December 4th, 2009 at 11:23 pm

kinw1234 – Did you ever get an answer to this? CC

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69elpresidente

December 4th, 2009 at 11:51 pm

Khanacademy can you make a video on statement cash flow

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Pepelectro

December 5th, 2009 at 12:35 am

Thank for your explanation. I get the point

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EngrishTeacherRyan

December 5th, 2009 at 1:14 am

“I don’t owe anyone anything….that to me is the definition of freedom” ahahhahahah…nice one!

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slapcigar

December 5th, 2009 at 1:51 am

Nice nice indeed ! You should teach.

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nazirdjon

December 5th, 2009 at 2:03 am

i loved your describtion of the bank.. the vids are very informative too

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Ollie3496

December 5th, 2009 at 2:50 am

lol get it, nice.

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filcox

December 5th, 2009 at 3:43 am

Subscribed…nice job

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praneix2

December 5th, 2009 at 4:28 am

i’m yet to watch this as the video is just loading. but thanks a lot for the Present value lectures. it really was an eye-opener for a non-finance person like me. u rock! :)

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kinw1234

December 5th, 2009 at 4:53 am

can anyone help me?

from what im aware banks took assets off balance sheets to avoid having to hold capital.

for that to happen, it needs to be a true sale rite?

does this not mean it no longer belongs to the bank? how come it comes back onto their balance sheet and gets written down??

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Creamyguitar1956

December 5th, 2009 at 5:08 am

Funny, the bank is made of granite and will be there forever….boy, have things changed since this was made..

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buredtx

December 5th, 2009 at 5:45 am

thanks sir for video. I like to dance for you for delivering this video………..

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SocrTrump

December 5th, 2009 at 6:13 am

8:09
I’m a hundred-thousandaire! lol

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hiitssoumya

December 5th, 2009 at 6:29 am

A=L+E was never so easy..genius man

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MibuClan

December 5th, 2009 at 6:43 am

Genius man, geius…

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DrZoiberg89

December 5th, 2009 at 7:37 am

make someone dance for you?! u mean like at a strip club? lol

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sabu083

December 5th, 2009 at 8:10 am

hi you made balance sheet look very simple..cant get simpler than what you have explained.thanks a lot for making me understand basic concept of balance sheet.

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kittykattykoo

December 5th, 2009 at 8:10 am

Thanks Sal! You were funny too in this episode. hehehe

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mern0302

December 5th, 2009 at 8:17 am

For everyone watching: Assets are always shown on the left side of a balance sheet and Liabilities/Equity on the right (backwards in the video)

Great video series though, watch them all.

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brco2003

December 5th, 2009 at 9:14 am

My professor, with a PhD. in Accounting, couldn’t explain this simple concept… but you could… and did it clearly. Thank you, Sal!

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