Who Form 8865 Accounting 2024

Hello, I hope everybody's semester is starting out well. This is the first official lecture of Accounting 1. Now, everybody should have had a previous session where we talked about class policies. For you face to facers, we did that last time. We didn't film that. And for you people at home, I did a separate filming and taping of going through the class policies for you. Please make sure those folks at home that are taking this as an online class that you watch that. Don't just skip it thinking it's not going to be important. It's very important to succeed in this class. I want you to know how we're going to do things. So, for the people watching at home on YouTube or on DVDs or on the cable TV channel, never skip the lectures. OK, watch them in sequence. Watch the whole thing. If you try to shortcut it, you'll do yourself harm. So, at this point, everybody knows the class policies and procedures and everything. We're going to go ahead and start the subject of accounting. Now, I always like to say at the very beginning, some people have to take this class and it's like, "Oh, I wish I didn't have to take this, but I have to. It's required." Some people want to take it, truth be told. Out of the 15 of you here, there's maybe only one or two that might be, I think, a full-time accountant someday. So, sometimes the question comes up, "Why do we have to take accounting?" And I'll tell you several reasons. But one of them is statistically speaking, about half of you are going to own or co-own a business sometime in your life. Now, it may not be your sole source of making money,...