Fifth in series of 17 videos describing the essential ideas typically covered in early weeks of a university-level accounting principles course. This is an important video because it explains a major idea that is not typically well covered in most accounting courses! It discusses the relationship among the beginning and ending balances of, additions to, and deductions from, any element on a balance sheet. Accounting, basics, bookkeeping, business, enlightenup, financial, information, knowledge, lecture, lectures, recordkeeping, tutorial