Accounting for Beginners (How to remember Debit & Credit items)

This video tutorial will help Beginners of Accounting. Sometimes students get confused with DEBIT & CREDIT items. PEARLS is a superb mnemonic to remember debit and credit items in Accounting. This is very helpful for AAT Level 2 Bookkeeping transaction unit, IGCSE O level Accounting, A level accounting plus anyone who just started studying accounting at beginning level.
Please checkout some basic courses of Accounting specially for IGCSE, A level & AAT students:
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Accounting lecture is a channel to help Accounting students across the globe. We help IGCSE Accounting, A Level accounting, LCCI Accounting, ACCA, CIMA, CAT, FIA, AAT, HND, HNC and university Accounting up to PHD. Our video lectures are concise but comprehensive.
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[@PK258]

WOW, THIS WAS VERY EASY TO REMEMBER LOL I wish that I saw this years ago. lol

[@AccountingLecture]

It’s never late, I m happy to help you

[@freedom3983]

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[@AccountingLecture]

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[@aishwarya9297]

thanks a lot....I was confused about this since my class started...now just within 5 minutes I got it....I'll never ever forgot this

[@AccountingLecture]

Please subscribe and share

[@FpsJimbo]

Thank you! Straight to the point, only learning about PEARLS now, it's a tad overwhelming

[@AccountingLecture]

I m happy to help you

[@238mor]

Thank you so much you are awesome!!. Finally someone that gives actual examples for what are debits and credits. Its great to say assets, but what does that include? Liability? What goes in to that category? When your new To accounting it Doesn’t mean much and so confusing. So thanx again 👏🏼👍🏼😍

[@AccountingLecture]

Thanks for your beautiful comment.

[@arthihepsipa6003]

Thank u so much. Bcoz I'm searching for this for a long time. I've cleared my doubts. Tq so much. Do good. I'm from INDIA.

[@AccountingLecture]

Happy to help you, love from uk 🇬🇧 and Bangladesh 🇧🇩

[@Ilmasiddiqui07]

I saw many videos but i didn't understand now i watched your video finally i understand Thank you so much sir

[@AccountingLecture]

Most welcome. Happy to help you 😊♥️❤️

[@husneerasheed4181]

1st the weakest in class now the best thx man a lot

[@AccountingLecture]

Wow, that’s amazing. Proud of you 👍

[@suraiyanodi3096]

ohh thanks a lot,, this mnemonic PEARLS is really really helpful. Thanks again for this cute video :)

[@AccountingLecture]

Thanks suraiya,

[@uzair263]

Accounting Lecture isn’t equipment supposed to be in purchases since you buy equipment for resale purposes ? I am very confused.

[@AccountingLecture]

No, equipment is a non current asset which is bought to use in the business

[@bhagirathupadhyaya4938]

Seriously!!this cleared out all my doubts :) wow

[@AccountingLecture]

I am glad that you learned something from my video. Hope you would subscribe and share this good content

[@niharikanachianna1075]

Sir plzzz upload more vedios related to accounting...

[@niharikanachianna1075]

Sir plz upload ledger vedio....

[@AccountingLecture]

Ledger videos are uploaded, kzbin.info/www/bejne/nnvUmImunK11fdU kzbin.info/www/bejne/aXjSd4qbitt2Y7M please find two useful videos in the link

[@EI-diablo-r9i]

@@AccountingLecture omg tyvm for linking, sir.

[@AccountingLecture]

My pleasure

[@mohitkotharkar9603]

Thanks a lot. Cleared my doubts a day before my exam.

[@AccountingLecture]

Glad to hear that you are getting benefits of this channel. Hope you do well in exam

[@mohitkotharkar9603]

Accounting Lecture I have a question. I have shifted from 11th Science to 12th Commerce. How can I cope up with all the other students? I missed most of the basics.

[@AccountingLecture]

We have seen so many students like you coming from science or humanities background, I suggest stay in touch with someone who can help you in accounting also, keep working hard. You will be better then commerce background students

[@mohitkotharkar9603]

Accounting Lecture thank you.

[@esthersiahfayiah284]

Oh wow. I regret not seeing this video sinceeeee. Anyways, this vid helped me soo much. Thanks!

[@AccountingLecture]

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[@AccountingLecture]

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[@ayana7165]

Thank you so much 👍🏽❤️I am now more able to understand it❤️❤️

[@AccountingLecture]

Welcome

[@usu866]

WOW this is amaizing as u said to work hard i says to upload many videoes like this

[@AccountingLecture]

Of course, hope you like my other videos and many more to be uploaded

[@veenaedits1139]

Thank sir . I am BBA use full

[@AccountingLecture]

Welcome

[@sameeraltaf9981]

Thanks for ur lovely ❤️ lecture it helped me a lot 😊

[@AccountingLecture]

My pleasure ❤️

[@chathurithilakarathne2991]

Nice. Tomorrow's my olevels accounting paper, cheers from srilanka

[@AccountingLecture]

All the best for your O level exams, stay connected for A level preparation

[@philrooney5082]

Brilliant upload.

[@AccountingLecture]

Thanks

[@abdoamin6965]

YOU ARE AWSOMEEEEE I LOVEE YOUR HELPING VIDEOSSS!

[@AccountingLecture]

Thanks for your lovely comment, your appreciation is my pleasure and strength

[@FrankJFoley]

Hey Ilias! I love your videos, but I seem to have a mental block regarding purchases (goods bought for resale) being debit items, and trade payables being credit items. Aren't purchases and trade payables the same thing? You are so awesome, I know you'll have an easy way of getting this into my brain! :D

[@AccountingLecture]

Hi Frank, please WhatsApp me at 00447983171108

[@MichaelRobinson-j7e]

Trade payables is a liability, items you have bought but not paid for yet

[@wendolynflorentino1605]

Very helpful video -thank you for doing this!

[@AccountingLecture]

My pleasure

[@marshalmaibam9394]

this actually helps a lot for beginner like me

[@AccountingLecture]

Please share this with your friends

[@Mqhfuz]

You’re a lifesaver thank you very much

[@AccountingLecture]

Happy to help you

[@prettykitty5105]

Oh my gosh!!!! This was soo helpful😭😭😭😭 thank you!!

[@AccountingLecture]

Oh my gosh!! You are welcome.

[@niharikanachianna1075]

Thanks a lot sir....... its awesome.... it made me easy to remember

[@AccountingLecture]

Thanks for your lovely comment and appreciation

[@habiburislam109]

Thank you so much Sir .I have benefited greatly. ★i'm Habibur Rahman (রাফি). Student of Dhaka international University. Department of CSE.★

[@zempaichi2813]

Ur name is Habibur Rahman Rafi?

[@AccountingLecture]

I m happy to help you

[@anbazhaganduraisami1010]

Super awesome " pearls"

[@AccountingLecture]

Thanks for your appreciation

[@am8308]

Great informative video👍

[@AccountingLecture]

Thanks

[@thirushankar6588]

Thanks a lot.... it was were helpful. make more videos on accounting and clear our small .....small doubts

[@AccountingLecture]

Welcome, sure. There are number of videos uploaded and many more yet to come

[@farazzzz669]

Excellent work. Helped me a lot keep going

[@AccountingLecture]

Thanks 😊

[@usmanghani9667]

Thanks a lot for this handy formula

[@AccountingLecture]

Thanks Usman ghani

[@nvannungijuliamariella]

Very impressive🎉, but I need to ask....can't anyone join or get the membership without using the credit pay pal but using like your business contact to pay then join coz most of us dont have cards to make payments

[@AccountingLecture]

Thanks You can join my website www.accountinglecture.co.uk

[@aayushibhatt2856]

Easy to understand tysm😊

[@AccountingLecture]

Most welcome 🤗

[@B.K.DIGAL4]

excellent bro thankes bro good === job

[@AccountingLecture]

You are welcome, your success is our top priority

[@VizMaior]

Awesome as always. Can you cover accruals and reverse accruals?

[@AccountingLecture]

Thanks Yes I have accruals prepayments complete videos. Please explore my channel

[@mitulprajapati6188]

SUPERB EXPLAINATION DUDE

[@AccountingLecture]

Thanks for your appreciation

[@kalpanayadav1679]

Thanks for tell😍😍

[@AccountingLecture]

Welcome

[@vijayakumar9357]

Bank account Dr discount account Dr to bills receivable Cr. How to I classify this according to PEARLS concept pls reply sir

[@AccountingLecture]

Asset increase Expense increase Asset decrease

[@Unknown-u.n.k.n.o.w.n.]

This is so well explained omg

[@AccountingLecture]

I am glad you found this helpful

[@AccountingLecture]

I am glad you found this helpful

[@onlyme1985]

thank u. it helped me a lot in exam

[@AccountingLecture]

Wow, I glad 💕

[@vmrssocialwelfare8641]

very good technic

[@AccountingLecture]

Thank you

[@adityavedula5447]

Thanks a lot, really helped me ...

[@AccountingLecture]

Happy to help you

[@KSweeney36]

I have been shown the dead clic method. Which is better?

[@AccountingLecture]

I have dead click video as well. Please check

[@saqibetsultanli]

Thank you sooo much❤

[@AccountingLecture]

Most welcome

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Thank u for your pearls

[@AccountingLecture]

My pleasure

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Wow pearls

[@AccountingLecture]

Wow comment!! Thanks for your appreciation

[@tanubibegum7979]

Tq so much 4 helpg me

[@AccountingLecture]

Happy to help you

[@musabmuhamadahmadibrahim533]

Thank ya bro One question please Wht is the difference between Sales N Purchase. As u said purchase always fir resale purposes right. WA sales ??

[@AccountingLecture]

Purchase of goods for resale purposes are your expense , and eventually when you sale these goods to customers, it becomes your income.

[@musabmuhamadahmadibrahim533]

@@AccountingLecture Brother u r a legend I thank you deeply ♥️♥️

[@AccountingLecture]

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Wow excellent

[@AccountingLecture]

Thanks

[@hariprasadbhariprasad802]

Thank you

[@AccountingLecture]

Welcome

[@nnnnn-op2jy]

Nice class

[@AccountingLecture]

Thanks ☺️

[@Ilmasiddiqui07]

Thanks sir

[@AccountingLecture]

Welcome

[@sakshidubey6287]

Woww so easy

[@AccountingLecture]

Happy learning

[@sakshidubey6287]

@@AccountingLecture all thanx to you keep guiding us

[@AccountingLecture]

My pleasure. Please share this so others can be benefited

[@abdulkadirnasir2621]

I didnt understand the part in which you say " If these go up its debit and if it goes down credit"..whats thats?what goes up and what goes down??plzz i need an explanation..

[@AccountingLecture]

Items goes up or down in accounts. Such as when you buy an asset, it goes up. Same as when you sale, it goes down.

[@tibetansisters9684]

Thank you so much it helped me alot

[@AccountingLecture]

My pleasure

[@amallopzz7841]

Nice bro it's very helpful

[@AccountingLecture]

Happy to help you

[@judyc8155]

S is shareholder equity not Sales. R for revenue/ Income is sales...

[@AccountingLecture]

That’s great 😃

[@JLB1912]

Are these items debit and credit of T accounts

[@AccountingLecture]

Both T accounts and trial balance

[@mathanghidevaraja9919]

Helpful 👍🏻

[@AccountingLecture]

Thanks 😊

[@Kimmycat_09]

Thank you so much💞💞💕💋

[@AccountingLecture]

Cordially welcome Richard

[@Kay-sr4of]

What do you mean goes up and goes down

[@AccountingLecture]

Increase or decrease

[@kimseokjin7526]

What is wages considered as?

[@AccountingLecture]

Expenses

[@naomio01]

Sure I can memorize this but I don't think that's going to help me in the long run. What's making it so difficult for me to understand all the other stuff is I'm not a big fan of the definitions given for debit and credit; I'm going to need something a little more than one goes on the left and the other goes on the right, why are these considered credits and the other not? This video w

[@AccountingLecture]

I wish you good luck

[@4ksniper615]

I love u❤

[@AccountingLecture]

Love you too ❤️

[@AbhishekKumar-dx2sx]

Excellent

[@AccountingLecture]

Thanks

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So damn good. Thank you.

[@AccountingLecture]

You are welcome manoj, and thanks for appreciating our good work

[@aditisaini1139]

Thank u so much

[@AccountingLecture]

Most welcome

[@IDK-zc4sl]

Why can't our teachers explain as good as you can?

[@AccountingLecture]

I am humbled ❤️

[@svogs48]

👍

[@AccountingLecture]

Thanks

[@keerthi895]

Tq😊🙏

[@AccountingLecture]

Welcome

[@TOPchannel-sp4yf]

Why assets are always debit balance

[@AccountingLecture]

Because it gains value

[@grishmabhat3536]

I still didn't get it😕

[@AccountingLecture]

My bad Watch my dead click video on debit credit, hope that helps

[@laungmagawa8902]

This is easy to remember but hard to understand for me....

[@AccountingLecture]

Practice makes a person perfect

[@mohamedaminabdullahi4118]

I have questions can you solve them

[@AccountingLecture]

Sure

[@mohamedaminabdullahi4118]

Yeah its T account transection its tricky

[@mohamedaminabdullahi4118]

Just gave me your Instragm account I will send you

[@AccountingLecture]

Email me please

[@AccountingLecture]

R you from London?

[@sangitagupta1670]

I can' t understand your topic please don't speak only in English

[@AccountingLecture]

Hi Sangita, I hope to make some videos in Bengali in future

[@dharmivedhalakshmi9749]

Ur hand righteing no good

[@AccountingLecture]

My mom and dad wanted to make me a doctor 👨‍⚕️, but I became a chartered accountant by chance. So my handwriting is like doctors 🥼

[@nickfleming3719]

Why do you have so many fake comments?

[@AccountingLecture]

I wonder who are these dislikers!!! These are disgrace people like you. And those commented out of their heart are real knowledge seeking people. They are humble and human, you are ill.

[@nickfleming3719]

@@AccountingLecture No, you are buying fake comments

[@AccountingLecture]

You are disgrace I’ll heart person, who knows negativity only. Spread love 💕 not hate

[@sanjaykumarshukla2825]

@@nickfleming3719 you If you don't understand any thing don't Write bad things about them ok

[@sanjaykumarshukla2825]

@@AccountingLecture sir can you make A. Easy word on items of debit and credit?