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This tutorial demonstrates how to write a yo-yo, or debt acknowledgment form, in two minutes. Viewers are directed to a webpage linked in the video description to choose an appropriate format for their needs, such as DocHub PDF, Microsoft Word, or Rich Text. The process begins with opening the chosen format, which contains a template stating the borrower's name, creditor's name, loan amount (both numerical and verbal), and date. After filling it out, the borrower must sign the form, and it's advisable to have a witness. This is a simple one-page IOU form available for free on a specified website, which can be downloaded, filled out, and printed.