Introduction to Balance Sheets
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Using a home purchase to illustrate assets, liabilities and owner’s equity.



This is better than studying an accountancy book, sal you amde me understand this waybetter – (visual) thank you!!
very nice..thanx.
thankssss !!
This guy is a legend, he helped me pass my GMAT! Nice intro on accounting BTW.
thank u sooooo mcuh for this amazing effort !
it was really useful !!!
thanks again
thank you video is very useful.
kinw1234 – Did you ever get an answer to this? CC
Khanacademy can you make a video on statement cash flow
Thank for your explanation. I get the point
“I don’t owe anyone anything….that to me is the definition of freedom” ahahhahahah…nice one!
Nice nice indeed ! You should teach.
i loved your describtion of the bank.. the vids are very informative too
lol get it, nice.
Subscribed…nice job
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!
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??
Funny, the bank is made of granite and will be there forever….boy, have things changed since this was made..
thanks sir for video. I like to dance for you for delivering this video………..
8:09
I’m a hundred-thousandaire! lol
A=L+E was never so easy..genius man
Genius man, geius…
make someone dance for you?! u mean like at a strip club? lol
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.
Thanks Sal! You were funny too in this episode. hehehe
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.