THE DOUBLE ENTRY RULE (PART 2)

This video gives a practical illustration on how to enter transactions into ledger accounts using the double entry rules

[@FOGAccountancyTutorials]

Please the old WhatsApp number isn’t working anymore This is the new WhatsApp number👇🏻 [phone] Thanks

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Welcome 🙏 sir

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Wonderful

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In fact, this is the best accounting lecturer ever. May the good LORD keep you safe and healthy now and the rest of your life. I love ❤ your lectures so much.

[@bridgetmose1734]

Best teacher in the whole world

[@FOGAccountancyTutorials]

Thanks Bridget

[@mauriceogu5394]

I'm certain that even the bleating goat in the background learnt a whole lot from this video. You're really worth your onions!

[@FreeGamer-c8j]

Watching as a 1st year student in nigeria you actually making this study easy for me even better than my lecturers who teach us once a week i want to say God will surely bless you

[@kuicwabad93]

As a foreign student studying in India where most tutors teach in Hindi, it was not easy for me to understand anything in Accounting for Managers, having landed on your videos. I now have the confidence to do my exams comes February. Thanks a lot sir 🙌🙏

[@chandamupinde6083]

This man is definitely the best, I used to have difficulties in understanding the double entry rules

[@virginiakanini6632]

Am from Kenya and learning alot ..have decided to "drop" my CPA and instead learn from your tutorials...you really helping many aspiring accountants.God bless you Sir

[@KevinHofahe-bk4zq]

Wow! You the man,last year I watched your videos on partnership business and did my assignment and got all correct and now iam watching this for another assignment. Thanks and keep on making more videos because most of the accounting lecturers at the universities and colleges are not explaining well. Thumps up for your effort👍

[@munyairabelani9246]

My lecture taught me n I didn't understand anything. But u made me understand 😃❤️ thanks sir. From SA🇿🇦God bless you

[@edwardboateng9112]

You are an epitome of excellence❤️.... God bless you

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I can't stop receiving lectures from you. Thumbs up for you

[@mbakablessing6840]

Thank You, I have been battling with this for over a long time. God bless you 🇳🇬

[@nelsonharrisontembo]

I really had difficults to understand this in class now am good to go, thanks so much sir

[@mariciadublin7022]

Thank you sir for sharing this video. I am understanding the theory. May God continue to bless you as you share your knowledge with others

[@FOGAccountancyTutorials]

Amen

[@amadusahrfayia6630]

Thank you sir for sharing your knowledge with us may God bless you

[@mercymwale4431]

Through these teaching I will pass with flying colours.

[@princeocquaye5877]

did not get this in class but i am good now. ...thanks sir

[@promisemalikita7246]

you too genius, well explained have been suffering to recognize which one is debit and credit but with this am well equipped. thumb up from Malawi

[@okoawomosesmirabel1186]

You just demystified the double entry Principle. Thank you Sir.

[@louissottie4697]

Good morning sir , I really appreciate your explanations they are really awesome ❤❤

[@Ken-ro4du]

I’m not even going to exaggerate, this man has helped me IMMENSELY with these videos I have no accounting foundation and couldn’t understand lectures and tutorials but just started watching today and I’ve learnt more than all my lectures 😬🙏🏼.. Thank you, God bless you

[@bagababuudalaa8774]

Great work sir. GOD BLESS YOU.

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Your the best lecturer

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I'm loving this man already 😂

[@amulishmuwayi4665]

Indeed your making accounting my life, thank you so much

[@jasminescott5435]

VERY IMPRESSED. THANK YOU

[@rhodaofori3282]

If it is credit sales , what are the two accounts involved

[@pulynyabs5948]

Great lesson

[@alexsimbeya419]

I enjoy your lessons

[@mugishageofrey8671]

Felix you're the best

[@kingbadjeiobeng-fosu6034]

This is very helpful

[@hassanabaldeh]

Sorry sir I don’t understand June 2 open business is it not capital

[@michaelmusolo1070]

You’re the best

[@abigailkonadu4819]

God bless you 🙏

[@sydneyrupper6139]

Thanks so much

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God bless you

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Thank you sir God bless you

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Weldon sir

[@ashleynyanteh8725]

Am I the only one hearing the goat in the background?💀

[@kyraanidrol2695]

Hello👋 Please can I get more examples for the double entry🙏 Because i've tried following the procedure you taught but whenever a try solving a question I don't get the exact balances Especially the Trial Balance

[@kyraanidrol2695]

*I

[@Ben10Cat]

All my double entry battles have been settled in less than an hour.✌️

[@fortunateasiimwe5205]

Discount received entries. Not clear

[@baturealhassan2005]

Good afternoon colleagues, please assist me with this question : cashbook with opening balance of 200,cash sales of 500, cash payments of 300 and closing balance of 400 .requirement prepare trial balance

[@eustaceekkatongo840]

Nice video,too fast though😊

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Goat noises in the background because he is the greatest teacher of all time!

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You know rightt!

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Indeed your making accounting my life, thank you so much

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Just shared the link with my whole class❤️

[@JudithNatukunda]

Well done sir, you are a great blessing to many of us.

[@mustaphalurisulemani9141]

This man is just excellent. I didn't know even a single thing about accounting. Now you are making me an Accountant 😀. God bless you sir.

[@recavegot7232]

Thank you soo much, I have to share this too, you're very talented and you have passion in financial accounting, you've enlighten me sir

[@Almasi33]

I really enjoyed ur teaching sir As the first time doing accounting in the university It’s really help. I salute Sir ❤

[@gladysngekia3098]

I spent six years in school and I never understood this. but I came across ur video yesterday, and I learnt double entry through ur teaches in an hour. Thank u sir🙏

[@hlobsilekhumalo5891]

even me, i even do diploma but i ddnt understand it. thank u so much

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[@emekaigwe1261]

Good evening sir...I thank you for this lecture... however sir I have a small question: since the business received a discount from Tunde I was thinking that d discount will be captured as a debit entry in d discount account of d business and as a credit entry in tundes account ?

[@Agt1gly66]

You're an outstanding teacher who explains accounting concepts clearly and vividly. Greetings from London!❤

[@pinkvelvetcakes8168]

The camera man had one Job, but nice explanation keep up the good work sir

[@louissottie4697]

Pls my question is since the cash book serves as a journal and a ledger , and in a question like this having cash and bank transaction can you prepare a double column cash book so it covers most of the transaction as we open individual ledgers for other part of the transaction affected by ban or cash?

[@MarjidahTahiru]

With the transaction of June 14th I thought you said you only open a personal account when its a credit transaction but it wasn't

[@subrenathornhill1]

You are an Awesome teacher I was trying for weeks to understand this and it was really difficult but looking at your videos make me understand everything I needed to know thank you so much🥺🥺

[@robertchola9938]

I want example questions on collection of errors and suspense accounts otherwise u a good lecturer. God bless u

[@natashakapaso1852]

May God bless you are so informed I am ever appreciative you teaching us.

[@MugishaSimon-j3x]

Please sir, thanks for the lecture,🙏 ledgers are disturbing me

[@RuthAdikumah-qz8ud]

Pls what if the person u bought the goods on credit from name is not there how will you write that account.

[@RuthAdikumah-qz8ud]

Pls what if the person u bought the goods on credit from name is not there how will you write that account.

[@chumamwakio9511]

your really helping me in my accounting unit God bless you

[@FOGAccountancyTutorials]

Amen

[@AkankwatsaShirat]

I have failed to understand how ur crediting and debating these accounts

[@talentoguineanaeg5080]

GOOD MORNING SIR, WOULD LIKE YOU TO HELP WITH FINANCIAL ACCOUNTING 3

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Very powerful

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Can we get the notes from the chapter cause we didn't see well the examples teacher

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[@CANCERLESSONS]

what if instead of tundes account you use credit account on the purchases

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[@ugwumalachychidubem8265]

Is loan from a friend a capital or an asset in a sole proprietor business

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[@ganyasulaiman7161]

Thank you very much. i have understood alot

[@yellowegoodness3573]

God bless you sir. Nice teaching

[@samuelnanankansah7340]

I suggest next time you emphasise on the fact that every transaction affects AT LEAST TWO accounts since it could affect more than two accounts. An example is where an entity purchases a non- current asset say, Motor Vehicle, pays half instantly and decides to settle the rest at a later date. Such a transaction would affect THREE ACCOUNTS: The Motor Vehicle Account, The Cash Account, and The Creditor's Account. Thank you!

[@jennyfrank3762]

Thank you sir I was worried I won’t be able to perform will in the exams 😢but now I’m so excited to write the exams cause u made it very simple for me ❤… God bless you

[@liramindisland24]

Watching from Tz …Sir God bless you coz it’s only you I can understand after 100 accounting teachers 😢

[@josephtamme4810]

For the discount account. Why is it not debit and Tunde account credit. Because Tunde gave 120 cedis discount ie he is giving. And the Discount account is receiving. Hope you will reply.

[@seniorneymar3923]

I was taught the simplest way using some acronyms; SRCI is for credit and PADER is for debit. S- sales, R- returned outwards....

[@unclesyd9240]

You should be awarded the best teacher in the world

[@FOGAccountancyTutorials]

Thanks

[@mohamedkelfaladaboh822]

Good job

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Sir l don't understand the last question

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