Debits & Credits in Accounting | Journal Entries Examples | Accounting Basics

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Counttuts

Counttuts

Күн бұрын

Пікірлер: 94
@Counttuts
@Counttuts 5 жыл бұрын
How to easily Remember DEBITS and CREDITS | Simple Tip: kzbin.info/www/bejne/lXKuoHadhNGHmdk
@joeruxtel
@joeruxtel 3 жыл бұрын
I recently opened a coffee shop and I just want some help on how to enter transaction from POS to Accounting...eg cash sales, cards payment sales etc.. thank you
@mooki-gn7ho
@mooki-gn7ho 8 ай бұрын
this guy always make me understand
@milanimazosiwe5005
@milanimazosiwe5005 6 ай бұрын
How to do the general journal if you also given the trial
@leratonamo1041
@leratonamo1041 2 жыл бұрын
doing accounting in university for the first time and I'm above average ❤️😊this channel has been helpful
@spatarcann
@spatarcann 8 ай бұрын
Can I get your number 😩
@Mihlangema
@Mihlangema 7 ай бұрын
This video is still useful... After four years especially to us who do not did Accounting at High School
@shawndavis280
@shawndavis280 2 жыл бұрын
This channel is currently saving my life
@ArnoldBanks_
@ArnoldBanks_ 3 жыл бұрын
Your channel is a blessing. Please keep the lessons coming. From my end I'll LIKE to help with the algorithm and never skip ads :-)
@donadbliss9034
@donadbliss9034 4 жыл бұрын
Went through all your vids, you are doing the most, and my time going through everything was worthy it✋
@tarikatrezy3962
@tarikatrezy3962 Жыл бұрын
I am writing my exams next month and I have been looking for something that can help and I am so glad I came accross your videos, I am understanding things that my teacher have been teaching me but couldn't understand. thank you so much.
@josegalvez670
@josegalvez670 2 жыл бұрын
I am a CPC in Spanish, and your videos help me validate my profession in the US.
@KeabetsweMashabela-pm4wf
@KeabetsweMashabela-pm4wf 7 ай бұрын
This channel is really helpful ♥️🤞 god bless you
@LovedaleLovedale-xg8fl
@LovedaleLovedale-xg8fl 6 ай бұрын
I can't believe I found a channel that helps me alot 😮❤❤ This is a blessing 🙏 🙌
@buhlejiyane1455
@buhlejiyane1455 5 ай бұрын
I've been really struggling when. It comes to accounting because of my teacher but I feel like you make me understand better and make me do better. What in really upset about is I'm really working hard and I just want that A that I used to get .Anyways GOD BLESS YOU ALL❤.
@titusbindah8828
@titusbindah8828 2 жыл бұрын
It is understandable , I have learnt a lot about General Journal. Thanks very much.
@lyghun651
@lyghun651 3 жыл бұрын
God bless you,I understand clearly now
@ntsakisikhubayi3989
@ntsakisikhubayi3989 Жыл бұрын
Thank you for your concisely structured lessons
@zinedinezidane7369
@zinedinezidane7369 7 ай бұрын
The lecturer is very good.God bless u
@mamokhothuchristina7038
@mamokhothuchristina7038 Жыл бұрын
Thanks for simplified learning presented through examples
@lizwishelembe4692
@lizwishelembe4692 3 жыл бұрын
Thank you so much , I understand way better . And I feel ready for my test ❤️
@lisamazibuko8421
@lisamazibuko8421 3 жыл бұрын
Very clear. Thank you for the understandable explanation. May you continue with your good work. God bless you 🙏
@samkaman5443
@samkaman5443 3 жыл бұрын
thanks much helpful
@josegalvez670
@josegalvez670 2 жыл бұрын
Soy CPC en español, y sus videos me sirven para convalidar mi profesion en EEUU,
@Ghost-lv5vq
@Ghost-lv5vq 11 ай бұрын
¿QUÉ ES UN CPC ?
@elizabethkafita5639
@elizabethkafita5639 3 жыл бұрын
I like the way you explaining ... you open my eyes now
@emangrakubutu4289
@emangrakubutu4289 Жыл бұрын
very much helpful, especially working wit accounting equation and journals at the same time. thank you
@silindilemhlamvu8765
@silindilemhlamvu8765 Жыл бұрын
I have struggled for years with understand debits and credits, but your videos have made things so much easy for me.
@SetsaNomthy
@SetsaNomthy Жыл бұрын
That was so helpful but I can't find the previous video and full description on accumulated depreciation
@Catherinemwandalima-oj6qh
@Catherinemwandalima-oj6qh 10 ай бұрын
Your channel is understandable 🙏
@The_Fits1
@The_Fits1 8 ай бұрын
You the best bro I swear😭🔥🔥❤️
@ramburrunvikash6073
@ramburrunvikash6073 10 ай бұрын
Thank you Sir You explained it so well
@qaisalsndi9324
@qaisalsndi9324 2 жыл бұрын
thanks so much for your explaining, brilliant
@nepomucenendayegamiye1073
@nepomucenendayegamiye1073 7 ай бұрын
First thank you so much for this lesson but for where I don't understand it's about how you know the account first and second account. Please help me
@liziwedube1957
@liziwedube1957 Жыл бұрын
Thank u very much this helps a lot
@Ctizen_sK
@Ctizen_sK 2 жыл бұрын
well done brother, very helpful.
@hendricokokum5992
@hendricokokum5992 Жыл бұрын
Amazing, this has put all my theory into context. Thanks!!!
@ThumbelinaMike-dp6ng
@ThumbelinaMike-dp6ng 5 ай бұрын
This lesson is helpful
@SyandaThokozani-eg1tr
@SyandaThokozani-eg1tr Жыл бұрын
you are the best
@nireshnigovender6094
@nireshnigovender6094 Жыл бұрын
Awesome tutor
@desertslave5643
@desertslave5643 3 жыл бұрын
Can you do videos on purchase journal and other related journals as well.
@Counttuts
@Counttuts 3 жыл бұрын
Purchase Journal: kzbin.info/www/bejne/aJq1qZKme8ufiq8
@zinedinezidane7369
@zinedinezidane7369 7 ай бұрын
I really love your vid
@marianmazibiye865
@marianmazibiye865 4 жыл бұрын
Thank you always. Very helpful
@simbonilesikonkwane1142
@simbonilesikonkwane1142 4 жыл бұрын
Always learning something new in each and every vid
@SharonTlharipe-nt7ds
@SharonTlharipe-nt7ds 8 ай бұрын
Kindly please assist with a video for depreciable assets and year-end introduction to financial statements.
@phumymatau3284
@phumymatau3284 2 жыл бұрын
Thank you very much 🥳
@NAKATOANGEL-k2y
@NAKATOANGEL-k2y Жыл бұрын
Can you please explain on depreciation
@NolwaziMsomi-b5y
@NolwaziMsomi-b5y 5 ай бұрын
What if you were not give transactions but given adjustments with no date on them how do you put that in general ledger
@ericab9050
@ericab9050 3 жыл бұрын
Good video, thanks
@beylindabronkhorst2615
@beylindabronkhorst2615 2 жыл бұрын
Please also do a petty cash journal
@EmihleMazomba
@EmihleMazomba 5 ай бұрын
How is bank credited in the second transaction coz it is an asset??
@thobiledzanibe579
@thobiledzanibe579 5 ай бұрын
Because it decreases
@boitumelokhahleli4499
@boitumelokhahleli4499 2 жыл бұрын
thank you very much
@nandipagabani3324
@nandipagabani3324 2 жыл бұрын
Thank you for the lesson, how do I calculate and record in the GJ?Received from CT less 8% settlement discount .(balance owing at the beginning of the month :R8646 ?
@kingfloydz3031
@kingfloydz3031 3 жыл бұрын
thank you for the video
@desertslave5643
@desertslave5643 3 жыл бұрын
And can you also do general journal affecting accounts like. For example: Mr. Mark Moka started a business with cash 200,000 and inventory valued @70,000 on 1st January 2005......... Can you solve this???
@cmorevoda2806
@cmorevoda2806 4 жыл бұрын
Thanks for the video. It's very helpful. How is a transaction like this recorded in the general journal : "Sold 150 bags of Wonder Lawn to Biggs Nurseries on credit for R750. 00. The cost was R600.00
@Counttuts
@Counttuts 4 жыл бұрын
Thanks, this one should help: kzbin.info/www/bejne/qpulf5ufi5iDpdU
@cmorevoda2806
@cmorevoda2806 4 жыл бұрын
@@Counttuts thank you
@ssenyangeronald5963
@ssenyangeronald5963 2 жыл бұрын
Thnx a lot this is kawa
@fabiodeklerk8223
@fabiodeklerk8223 4 ай бұрын
So when recording in the journal you don't put - signs?
@simoneheath3022
@simoneheath3022 2 жыл бұрын
Good day, so all transaction goes into the general journal eg. Cash and cheque payments?
@sibongilepooe5705
@sibongilepooe5705 Жыл бұрын
Please advise when we are doing a transaction with Mark up percentage
@Ghost-lv5vq
@Ghost-lv5vq 11 ай бұрын
You basically take the transaction let's say for example 800 and for mark up it's always A(800 ×100 ----- 100+mark up percentage= total
@drbailey9349
@drbailey9349 5 жыл бұрын
would you be so kind to provide us with a video explaining trade and other receivables , Please and once again, thank you so much for your help
@Counttuts
@Counttuts 5 жыл бұрын
Thank you for the suggestion. We shall do it soon.
@phelo.mwehle
@phelo.mwehle Жыл бұрын
Hey, for our accounts do we need to know them off by heart?
@ishimweangestecie8483
@ishimweangestecie8483 2 жыл бұрын
I have a question @counttuts . Why on the second transaction did you credit the money from the bank? Cash is an asset so it's should be capital and inventory affected
@zanieyhlapogadi8703
@zanieyhlapogadi8703 Жыл бұрын
Credited bank bc money is going out of the business. As you’ve mentioned bank/cash is Asset it decrease on the credit side, that’s why is credited. Capital is a not affected😊
@scholasticachima-jeff6986
@scholasticachima-jeff6986 3 ай бұрын
How do we credit or debit stationary bought with cash?
@bessielovaitemelloso2553
@bessielovaitemelloso2553 2 жыл бұрын
In the event there are 3 accounts involved how do we put in General Journal
@azilefirst9866
@azilefirst9866 3 жыл бұрын
Accounts payable accounts payable. Is the same with creditors control
@zhakiryuusuf8778
@zhakiryuusuf8778 4 жыл бұрын
thank you
@avishkaprasanna8544
@avishkaprasanna8544 4 жыл бұрын
thanks sir
@mpumelelozulu-dh6on
@mpumelelozulu-dh6on Жыл бұрын
Why aint we using the plus signs and negative signs this is based on the examples which were done from the previous examples they were signs from it ?
@h.u4655
@h.u4655 2 жыл бұрын
So do we not write the two balances which are balanced on both sides at the end.
@tyygeez
@tyygeez 2 жыл бұрын
best channel
@zingisantamnani
@zingisantamnani 7 ай бұрын
which accounts are affected when you salaries paid by
@pedrozajnr7475
@pedrozajnr7475 4 жыл бұрын
Cheers!
@Nzefehmah
@Nzefehmah 29 күн бұрын
I dont understand the trial balance
@syedali-portfolio7457
@syedali-portfolio7457 3 жыл бұрын
Link fot VAT is not mentioned... please do so..
@maakeglenda478
@maakeglenda478 3 жыл бұрын
how do i calculate first transaction if vat was inclusive
@mahlangusimphiwe2097
@mahlangusimphiwe2097 4 жыл бұрын
How come we debit the depreciation amount?? Because depreciation is an expense
@Counttuts
@Counttuts 4 жыл бұрын
Check this one out to find the explanation: kzbin.info/www/bejne/lXKuoHadhNGHmdk
@AgabaAllan-i7i
@AgabaAllan-i7i 3 күн бұрын
Create the folio column for me
@gloriacortes7759
@gloriacortes7759 3 жыл бұрын
I need help understanding bookkeeping
@Counttuts
@Counttuts 3 жыл бұрын
We can assist, you can book a session with us at info@counttuts.com
@_unique_.baby_
@_unique_.baby_ Ай бұрын
Purchase furniture for cash 7000 the account must be funiture
@togetherwecan-ms7jo
@togetherwecan-ms7jo 11 ай бұрын
Vocalize bob
@KehanianaSoonalole-bz1sx
@KehanianaSoonalole-bz1sx 5 ай бұрын
There's no voice or sound 💀
@MexicoTijuana741
@MexicoTijuana741 3 жыл бұрын
Usually it’s called cash lol
@temusshipanga2850
@temusshipanga2850 5 жыл бұрын
you are the best
@AntonioKamogeloMontsha
@AntonioKamogeloMontsha 7 ай бұрын
i love youre videos.
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