How to prepare "Journal Entries" - The Best Explanation In English

Dear Students,
Journal Entries are the first step of accounting. Be through in the concepts of Journal Entries by following this talk.
• Accounting Basics For ...
Follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy - Part : 1
• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
2. MEFA (Managerial Economics & Financial Analysis)
• Accounting Basics For ...
3. Business Law
• Introduction of Busine...
4. Statistics
• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
6. Cost Accounting
• 1. Cost Introduction ...
7. Business Economics/ Managerial Economics
• "Introduction To Busin...
8. Basic Introduction Chapter of Financial Accountancy
• Accounting Basics For ...
9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Organization & Management (BOM)
• "Characteristics & For...
14. Career Options
• BEST CAREER OPTIONS AF...
15. Company Law
• "Introduction & Featur...
16. Bills of Exchange
• 53. Introduction To "...
17. Non - Trading Accounts
• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
19. Recommended Text Books For Commerce & Management Subjects:
• "Business Law" Only On...
20. Consignment Accounts
• 1. Introduction of Con...
21. Joint Venture Accounts
• 1. Joint Venture Accou...
22. BCRW (Business Communication & Report Writing)
• 1. Introduction To Bus...
23. Managerial Accounting ( Valuation of Goodwill & Shares)
• 1. Valuation of Goodwi...
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ma'am why didn't you took kiran and raju as personal account but in nominal account? I didn't understand please answer

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[@anjaliratnakar2109]

why the raju and kiran not taken as personal account?

[@syedzoheb419]

@@anjaliratnakar2109 what do you mean?

[@tana2207]

@@anjaliratnakar2109 You guessed it right. Kiran and Raju by nature are personal accounts. So the rule "Debit the receiver, Credit the giver" is aptly applied to both the entries accordingly. Case 1: Sales to Kiran ₹2000 In this credit transaction, kiran is the receiver. So as per the rule : Debit the receiver. Case 2: Purchases from Raju ₹5500. In this credit transaction, Raju is the Giver. So as per the rule : Credit the Giver.

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Give feedback on our channel

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[@devikascommercemanagement]

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Thank you so much mam .I understood very well. This journal entry

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Practice well👍

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[@devikascommercemanagement]

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[@devikascommercemanagement]

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Thank you for educating me.

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Mam your explanation so clear and very easy to understand, I am science student mam. I really gain so much knowledge in entering in journel thank u so much mam. I like your way of giving examples and teaching mam Thank u

[@devikascommercemanagement]

Good luck 👍

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Helping so many students ❤️👍👍👍🙏🙏🙏👍❤️❤️❤️❤️❤️

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Very glad to hear your sincere feedback dear Krishna... Stay blessed always and have a wonderful career 👍

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😇

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Need a teacher like u mam .tq so much mam.

[@devikascommercemanagement]

My pleasure.. Please follow the link for better picture and voice. kzbin.info/aero/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr

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Thank you mam. You helped me a lot.😇

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Thank you mam easiest way to solve journal entries ❤️

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1 hour before my exam and I didn't know nothing bout journal. Now I know how to perfectly do it 😂 thx.

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👍

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Good luck 👍

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Stay blessed always and have a wonderful career 👍

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[@devikascommercemanagement]

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