Accounting for IGCSE - Video 7 - Recording Transactions - Journal

The entire syllabus for IGCSE will be covered through this video series and students can prepare using these videos for the forth coming examination.
All topics ranging from the basic concepts of accounting to the day books and cash books, bank reconciliation, control accounts, year end adjustments, financial statements of sole traders, partnerships, limited companies and non-profit organisations, correction of errors and interpretation and analysis using accounting ratios will be covered.
Visit onlinecourses.edex.ae to enroll for IGCSE Accounting online course that includes videos, solved examples, proprietary notes, multiple-choice questions, mock tests, etc.
If you wish to give any feedback or have any doubts, feel free to get in touch through whatsapp on [phone] or through email.
Regards
Lalit Adnani

[@EdexWorld]

Visit onlinecourses.edex.ae to enroll for IGCSE Accounting online course that includes videos, solved examples, proprietary notes, multiple-choice questions, mock tests, etc.

[@thatonehappyperson01]

thank you so much sir your video are really very helpful i have my 10 th grade unit test day after tommo i had many doubts but u cleared all my doubts through your videos sir thank you very much your hard work is highly appreciated sir !!!! love from India 🥰🥰🥰

[@anxiety4103]

Thank you again, I honestly didn't understand anything about accounting until I watched all your videos, it helped me pass my exams with ez

[@EdexWorld]

Happy to help :)

[@BobTheBlob226]

u saved my pre boards

[@arayasimms1607]

Hello sir, just wanted to say that I, and I'm sure many many other kids out there appreciate what you do. Also, is this the General Journal?

[@EdexWorld]

Yes this is the general journal. Thank you and I'm glad it is so helpful :)

[@B4BymOnstiez]

sir i wanted to ask in transaction held on 20 jan we can also add bank account right

[@FlickPUBGM]

thank you man my test is tommorow and this video is a lifesaver do u have video for the t accounts to make on general journal?

[@EdexWorld]

Yes check the next few videos in the playlist after this video.

[@sukanyadhar7857]

I just want a clarification that..how this journal is different from purchase journal or sales journal? For IGCSE should we teach this way of journalising??

[@raimaasif5680]

Sis in purchase journal or sales journal only the purchase transactions are recorded and they have proper dr and cr side in journal its just date details debit and credit but for purchases or sales we have a T account

[@EdexWorld]

Please watch the following video to understand how and when the purchase/sales journal shall replace the original journal. kzbin.info/www/bejne/p6C9nHqjbp2gd9U

[@rukshangaming4138]

Thank you sir

[@Kanduneelan]

Sir, in jan 12, isn't it supposed to be toy store debit and cash credit ($3000)?

[@typojeoff]

its only toy store debit if it is paid on credit (paid later date). here it is paid on cash

[@doreenmoshi8860]

Whts the difference between sales journal and purchases journal??

[@thatonehappyperson01]

all the transactions of sales go in the sales journal book and all the transactions of purchase go in purchase journal book