How to easily Remember DEBITS and CREDITS | Simple Tip: kzbin.info/www/bejne/lXKuoHadhNGHmdk
@thembisylviakhumalo70252 жыл бұрын
I thought accounting was hard but watching your videos changed my mind, thank you so much. 😊
@KeilaCanico6 ай бұрын
Thank you very much, you are helping me a lot. I had never studied Accounting in my life, until I arrived in an English country and they told me that they study Accounting. I didn't know anything until my teacher explained a little about CRJ and CPJ. She introduced me to you and you cleared my mind. Thank you very much, thank you very much. May the Lord bless you! 😁
@Thandoluhle-i1sАй бұрын
It's my first time doing accounts at university and l can see that watching your videos will take me somewhere
@jeank41882 жыл бұрын
Good is just amazing..... He brought me here just when I needed it. Praise His Holy name
@MANDISAPAMELA6 ай бұрын
After watching your videos my grades have gone Up 😊😊 he is the best lecture
@lyghun6513 жыл бұрын
You made it soo basic and understandable, thank you soo much
@kachinfya70927 ай бұрын
Makes so much sense. I am enlightened
@SekhaleMaponya4 ай бұрын
i did not study accounting at school but now i'm able to understand thank you sir
@natashabritz1477 Жыл бұрын
Love your simple explanations
@thotloetsomankita93293 жыл бұрын
You're such a good explainer❤️
@naiko3042 жыл бұрын
Thanks you bro, you are such a great teacher ☺🙏❤💯
@jeromecarreira79266 ай бұрын
do accumulated depreciation values go to the credit side? also can you do a video of liquidation of a partnership? you explain things so well i have greatly benefited from your videos.
@kimberleymataure53564 жыл бұрын
Thank you, this is amazing
@stevehursh99974 жыл бұрын
Why is the word "debit" used to indicate an increase on an account, when the word actually means "to remove" or "take away from" just like it is used with a standard bank account?
@Counttuts4 жыл бұрын
Those are just names of the two sides in accounting. You will also note that the debit in accounting books signifies an increase for assets but for the bank statement it is the opposite. We explained why here: kzbin.info/www/bejne/fZvNp4lnmbp-qNk
@PriscillaMulenga-iu6vxКүн бұрын
I will clear this course and I will come to testify
@molebogengmotshoane84 жыл бұрын
Very helpful thank you
@ultramindset_Elias2 жыл бұрын
thank you l gained much from this
@boazmakori30002 жыл бұрын
this is an awesome explanation..thank you so much
@lerole3653 жыл бұрын
I never thought i could understand account 😪.Thank you so much i think i'm an expect right now 🔥😁
@justme-yj6ck3 жыл бұрын
Wowww this is amazing good job
@gladysibhafidon51672 жыл бұрын
Wonderful explanation
@NdumePenehafo Жыл бұрын
Thanx for you teaching us
@pashpole10654 жыл бұрын
Well understood thank you!
@preciousmonoketsi24143 жыл бұрын
This is very helpful
@luhmikefr2 жыл бұрын
U r the best
@sneakysnake46714 жыл бұрын
Thanks man - really helped.
@drbailey93494 жыл бұрын
I learn a lot from this, thank you so much
@jadynebolenge39762 жыл бұрын
Thank so much
@innocentthemba6266 Жыл бұрын
rewarding lesson, please help why expenses are debited? as for the debit side we record incoming money.
@jeffpets2155 Жыл бұрын
You can use the rule PEARLS+C So on the debit it is P-purchases,E-expenses ,A-assets On the credit side R-revenue(income),L-liabilities,S-sales,C-capital So the according accounts increase when they are put in their initial side.Expenses will always increase on the debit side but will decrease on the credit.The initial place for expenses is on the debit side because we often buy things for households or businesses which increases out expense and expenses decreasing doesn'tsound that right .Income is recorded in the credit side btw
@oagilwetlalang91322 жыл бұрын
thank you alot sir
@marilyn6445 Жыл бұрын
Thank you very much
@thembamthimkhulu28702 жыл бұрын
Very informative. I have learned a lot.. Thank u so so much...
@sadfacts6837 Жыл бұрын
Ur a legend ❤
@justonemorepagethahirareez70683 жыл бұрын
Thank you🍻
@Heidddyy8 ай бұрын
Thank you !!!
@LesegoMatseke-x9r7 ай бұрын
Thanks for the support ❤❤
@kiduaalute6034 жыл бұрын
Thank you
@rosayamanduo67583 жыл бұрын
Thankyou so much,but only the depreciation and acc .depreciation I'm not understand clearly
@lanza_tia85093 жыл бұрын
No you really good thank you
@yadhirinderparsad41985 жыл бұрын
Hi, can you please do a video on partnerships and cash flow statements
@Counttuts5 жыл бұрын
Hello there, we already have a video on cash flow statements here kzbin.info/www/bejne/i3Wpen-ChMmNq8U. Will do some videos on partnerships soon. thank you for the suggestion.
@JacobciirDeng8 ай бұрын
Do you have some videos for columns cash book
@rabipiri38453 жыл бұрын
Pls explain what is to debit or credit an account? For example pls debit or credit my account. Is debit plus? Is credit minus?
@rabipiri38453 жыл бұрын
Hi Some books say: Assets = Equity + liabilities whereas others put is this way: Assets= liabilities + Equity. I'm confused. Whenever I analyse a transaction I start with assets--- equity--- liabilities. Which way is correct?
@JohnSuleiman-w7g9 ай бұрын
Am interested it sir
@ziyandaskade4014 жыл бұрын
please assist, I am confused now. If the expenses and drawings are debit and recorded on left. meaning if the business pays rent (expense) does that not affect the bank? my understanding would be to record as follows Bank on minus on debit side and debit Equity also, Income is an asset? why record on credit?
@royalty2924Love3 жыл бұрын
If the money comes from the bank to pay the rent then that reduces the value at the bank so therefore the bank has to be credited. Assets, expenses and drawings increases on the debit/left side but when they decrease, they are credited/right.
@KatlegoMedupe-r6k6 ай бұрын
Please explain general journal😢
@AlumbweChibangula-ob9gv Жыл бұрын
How can you know that a debit has increased or decreased
@CRE8TE Жыл бұрын
I get confused with why liabilities are under credit instead of debit?
@eddymatta1393 Жыл бұрын
where do you put a rebate or discount ?
@celsiusfahrenheit11762 жыл бұрын
audio volume is too low
@AmahleMangomezulu5 ай бұрын
Can you please help me
@imajiblessing95203 жыл бұрын
Post
@elizabethinilapli71814 жыл бұрын
Please try to speak louder...
@KatlegoMedupe-r6k6 ай бұрын
Please explain general journal😢
@gamersprecinctludo8857Ай бұрын
The General Journal (GJ) is all the transactions in a chronological order. It just shows the records of all financial activities or transactions in the order that they occurred. You will then create sub-ledgers from the information provided in the GJ, i.e. Inventory, Capital, Bank, Accounts Payable, etc. The General Ledger is the book where all the sub-ledgers are combined. That is how I understand it...