Free Bookkeeping Course - Part 3 - Double Entry Bookkeeping

[@jilllawrence5572]

Bravo You! You have removed the mystery and confusion from the bookkeeping for beginners. Thank you!

[@BookkeepingMaster]

I'm so glad! Thanks for letting me know and for watching!

[@amberjacobs1895]

This is the first time since I started trying to learn bookkeeping a year ago, that I actually finally understand what double entry bookkeeping is and looks like. You are a brilliant teacher! Thank you so much for these videos! The only thing I'm not grasping yet is how to know what to enter as the transaction and how to know what account to enter.

[@BookkeepingMaster]

Thanks so much, Amber. You will get there, just keep watching! There are lot's more free accounting courses on my website www.freebookkeepingaccounting.com. Thanks.

[@joycesandusky4302]

I love that these are short videos! They are so clear and concise. Excellent work. Thank you.

[@BookkeepingMaster]

I am glad you like them. Thank you for your kind words!

[@mariadossantos3148]

yes, he is a great teacher... God bless you sir,

[@natalienightingale2431]

The debit and credit explanation is wonderful. I love the acronym PEARLS. Thank you!

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching

[@Jase627]

Thank you! You’re one of the only people offering entirely free support to small businesses, so well done you! I also admire the fact you take time to address your comments. Elite KZbinr! 🙌🏻

[@BookkeepingMaster]

Thank you so much! Thanks for the comment and view!

[@HerCupOfStars]

I’m so interested in being a bookkeeper that I purchased an almost $1000 course! I started it and I’ve been incredibly confused since (I’m requesting a refund today). 3 videos in with your free course and I already understand more than with my paid one! Thank you for putting these on YT for free! Very much considering the ultimate course!

[@BookkeepingMaster]

What a great comment. Thank you so much. Best of luck

[@cw4608]

You are a saint for taking the time to create these videos, thank you!

[@BookkeepingMaster]

Glad it was helpful!

[@shanniajoseph4768]

🎉 we made it to another vid. Thank you for your time and knowledge.

[@BookkeepingMaster]

Thanks

[@zipporahguzman7247]

You sounded like my former employer and he's a digital marketing agency owner. We love him as our leader. Watching from Ph

[@BookkeepingMaster]

Thanks!

[@kaleighpatterson9066]

Hi there! I am currently enrolled in a bookkeeping course and was having a hard time understanding their method of teaching. I found your content, and needed to say thank you! You were able to break it down into understandable steps for me, doing what coursera or intuit could not. Bravo! Will recommend.

[@BookkeepingMaster]

No problem. Good luck with the course.

[@cinemanuggets24]

Finally starting to get the hang of this thing. I never understood a single bit of it in high school. It was rocket science

[@BookkeepingMaster]

Great! I am glad that it was helpful

[@Hatthamas]

I am new with book keeping, these courses are very helpful..thank you.

[@BookkeepingMaster]

Glad you like them! Thanks for watching.

[@reachYogesh]

@@BookkeepingMaster Thanks for the video. For small Business Owner's advantage, can you plug the information into a free accounting software?

[@unfunnyuncreative]

I’ve binged the three videos up to here. I’m happy to be learning something this new.

[@BookkeepingMaster]

Great to hear! Thanks for watching

[@BrolyRealFather]

Best channel I have came across of!

[@BookkeepingMaster]

Thank you so much! Your comment is much appreciated.

[@tranceharmonics]

Thank you, I have an exam on coming sunday and i was totally confused before watching this. You are amazing. I might just pass the Financial Accounting Exam after viewing all ur videos

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching.

[@elro2590]

Thank you! Keep on uploading more videos about bookkeeping. Thumbs up👍

[@BookkeepingMaster]

Thank you so much!

[@salioucisse3504]

Simplicity make understanding better . Much appreciated

[@BookkeepingMaster]

No problem. Thanks for watching.

[@wheres_bears1378]

Best accounting videos on KZbin

[@BookkeepingMaster]

Thanks so much

[@MegaTia02]

Hey,keep it up. You are blessing so many by sharing your time and experience. I am going to be donating soon, I want to show my appreciation with my $$ to encourage you to continue this work.

[@BookkeepingMaster]

Thanks so much!

[@bittersweet82]

I cannot like this video enough! Thank you

[@BookkeepingMaster]

So glad! Thank you so much

[@EsiWay]

Just started watching your videos and I'm learning a lot. Simplified and free! Thank you! It's agreat help...

[@BookkeepingMaster]

Thanks

[@Malusa0986]

Excellent video the best I have seen so far and I have seen many! Thank you

[@BookkeepingMaster]

Wow, thank you so much!

[@apg7639]

wow! You're an excellent teacher. This is an awesome refresher

[@BookkeepingMaster]

Wow, thank you!

[@bottleneckpieces922]

Huhu you are so kind sir. We love you. Thanks so much. God will bless you more.

[@BookkeepingMaster]

Thank you so much - you're so kind. God bless you too

[@Justsum1Else]

I’ve just finished level 1 bookkeeping and loved it, these videos have been a lot of help. According to google the word debit comes from the Latin word debere, which means “to owe” or “to be obligated,” hence Dr.

[@BookkeepingMaster]

Thanks for sharing

[@HHRecycling]

Really loving this. Surprisingly easy to grasp.

[@BookkeepingMaster]

Great! Thanks for watching

[@deanakjefferson9278]

I came across your channel seeking information on how to become a virtual bookkeeper I GET IT BUT ITS CONFUSING IF….you think of it as a consumer! It will take awhile to absorb and determine what the entry should be classified as but I GET IT! I love the way you break things down for understanding😊

[@BookkeepingMaster]

Thanks so much. You've got this! Thanks for watching

[@NuwanSenavirathne-q3d]

its verry intersting.thank you verry much for your work.i love that ♥

[@BookkeepingMaster]

So nice of you

[@merlindaley2478]

This is my first time learning about booking keeping I'm finding it so interesting and educated. 💯⭐⭐⭐⭐⭐I'm hoping to Excell by watching and learning from these videos.

[@BookkeepingMaster]

Glad it was helpful! Thank you for your kind words and for watching

[@pixieprincess75]

Thank you for breaking this down!

[@BookkeepingMaster]

My pleasure! Thanks for watching

[@jamesf6541]

Thank you. I have been trying to study a book based course and I finally have a handle on the debits and credits of the bank account. Very helpful.

[@BookkeepingMaster]

I am glad that it was helpful! Thanks for watching

[@annamayviaje9321]

Very very helpful. Thank you so much! From the Philippines

[@BookkeepingMaster]

You're welcome! Thanks for watching

[@alicepoulson841]

I very much love your courses

[@BookkeepingMaster]

Glad you like them! Thanks for watching.

[@mariaalucchese]

Thank you so much for these videos I have an exam next week and I was feeling super insecure about it but now that I’ve seen all of your videos I feel more confident to pass my exam!!

[@BookkeepingMaster]

You got this! Thanks for the nice comment. I'm glad I could help

[@rutht8570]

This was a great video. Very interactive. I paused in between your examples to figure it out for myself. It cleared some things up for me. Thanks BK master!

[@BookkeepingMaster]

No problem. Thanks for watching.

[@jerrytorres9147]

Thank you! I'm getting in there. I don't know anything about this, my husband owns a landscaping company. and I want to help him with all of these things. 🤩

[@BookkeepingMaster]

You got this! Thanks for watching

[@Cris-hk4cn]

I really like this video. I will have to watch it again. The content is good.

[@BookkeepingMaster]

Thanks

[@shantelzee5070]

Thank you for this. I’m trying to get the basics of bookkeeping before I go to school for it !! This is quite helpful

[@BookkeepingMaster]

I'm glad it was helpful! Thanks for watching

[@elainesykes3892]

Thank you …… many many times!

[@BookkeepingMaster]

Thanks for the comment

[@lenycanonigo7502]

Wow Sir, I just started to watch your videos today and I am on the 3rd video now within the day, and I am so eager to watch each of it.. I remember what you said on your 1st video."if your type of a person who loves the budgeting expenses and this one is for you".. and surely I am that kind of person...! and besides I have several years experience handling cash and billing transactions. Now think I already found my Niche in the Freelancing world! Thank you for your kindness in sharing this for FREE. God Bless.

[@BookkeepingMaster]

Thanks a lot

[@jairizy]

Hi! I'm starting my freelancing adventure as well. What other sources/courses did you use to prepare yourself?

[@florindaboocan4114]

Thank you for your videos, they are simple and easy to understand, the best for beginners like me

[@BookkeepingMaster]

Glad to hear that!

[@britneygodwin]

Your way of explaining is perfect I don't have much word to appreciate since its perfect already. Thank you so much

[@BookkeepingMaster]

Glad it helped!

[@LeslieDaSilva-pz3jb]

Thank you for these videos! although I get lost, I will take advantage of your web courses.

[@BookkeepingMaster]

You can do it! Thanks so much

[@sucvaz5549]

Thank you so much for your easy explanation on the basics ...or terminology for beginners. God bless you.

[@BookkeepingMaster]

You are most welcome. Thanks for watching. God bless you too

[@iamahorsenut7541]

this is great, so well explained, thankyou so much

[@BookkeepingMaster]

Great to hear! Thanks for the comment.

[@iamahorsenut7541]

@@BookkeepingMaster I'd like to do the full course

[@kenanisinkamba7844]

Enjoying am a beginner watching from Zambia 🇿🇲🇿🇲🇿🇲🇿🇲🇿🇲🇿🇲

[@BookkeepingMaster]

Thanks!

[@sarahw9924]

Thank you. Very calming voice and you explain slowly and clearly.

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching and for watching

[@maricelcobarde-villanueva2187]

Interested in learning bookkeeping and your free courses are so helpful. I love the way you present things - simple 😊

[@BookkeepingMaster]

Glad you like them! Thanks for watching!

[@Aviation-eq9ln]

I am really Thanks to you for 😊🙃 your clearly understanding spiking just the perfect teacher and I'm the one of likest person to find your lessons about book keeping

[@BookkeepingMaster]

Wow, thank you! Thanks for watching

[@jyotilakra4029]

Today iam going to enroll myself for aat bookkeeping as my husband wants me to go for this course.iam new mom as well so I was so skeptical to go forward for the course but after watching your videos now I got kind of confidence within me thankku very much. Please keep up the good work that too for free. Can't thank you enough.

[@BookkeepingMaster]

The AAT is a fantastic qualification. Good luck! Check out my other videos, they will help.

[@shanshani9879]

Such good video And good explanation...

[@Zdlifestyle]

I love how you teach, so calming and at a good level. Thank you - new subbie! ❤

[@BookkeepingMaster]

Thanks for subbing and for the comment!

[@usamaiftikhar9380]

What an excellent way to describe the topic, very nice 👍👍👍

[@BookkeepingMaster]

Thank you! 😃

[@colmmockler1154]

Appreciate this free course. Thank you👍

[@BookkeepingMaster]

My pleasure! Thanks for watching.

[@tungochuy]

Thank you. Wish you everything

[@BookkeepingMaster]

So nice of you. Thanks for watching.

[@d.w.714]

Well explained. Thank you.

[@BookkeepingMaster]

Thanks for watching!

[@nafizulislam1429]

❤❤❤

[@BookkeepingMaster]

Thanks

[@chassyandchrisadventures6787]

Hi I'm new subscriber from the Philippines this one is really helpful. I'm gonna leave a message every video I watch. Thank you

[@BookkeepingMaster]

Awesome! Thank you!

[@totokiho6221]

Keep up the good work 🙌🏻

[@BookkeepingMaster]

Thanks

[@gsupermarket]

GREAT WORK THANK YOU

[@BookkeepingMaster]

Thanks for watching!

[@Browneyesuk666]

Manny thanks for helping understand, finally I got it 👍

[@BookkeepingMaster]

No problem 👍 Thanks for watching

[@hfdtv4114]

im a student going to my 3rd year on BSBA major in FM due to the pandemic these kind of videos are really helpful.

[@BookkeepingMaster]

Glad it was helpful

[@louiedyer2550]

Thanks, this is very helpful!

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching and for the comment

[@jamesszolopiak7600]

Thank you, I need this right now

[@BookkeepingMaster]

No problem. Thanks for watching

[@twofriendsticket8643]

Lots of Love

[@BookkeepingMaster]

You too! Thanks for watching

[@LilyTrevinoRealtor]

Thank you just looked up the website , this is a great information I’m trying to get a better knowledge on financial IQ. This is an incredible start !!!!

[@BookkeepingMaster]

You are very welcome! Thanks for watching.

[@Ann-l7x]

This info is great. The DR and CR stands for: Debit Record and Credit Record (hence the R).

[@BookkeepingMaster]

Thanks for sharing!

[@Ann-l7x]

@@BookkeepingMaster thank you for your videos

[@Promoter_Hustle]

These causes are AMAZING!! I can't thank you enough

[@BookkeepingMaster]

No problem. Thank you so much for watching and for the comment

[@ukjcjc8104]

Courses ?

[@berhanusetegn]

ለጠቅላላ እው ቀት በጣም ጠቀሚ ነው / This is very important for generale knowledge/

[@BookkeepingMaster]

Thanks

[@madelinetorrenueva1594]

Thank u very much from Philippines

[@BookkeepingMaster]

You're welcome! Thanks for watching

[@annebracher1843]

I did the AAT some years ago before taking time out to do a Psychology degree (yep I know quite different) - this brief course was great as a very succinct, comprehensive reminder - so much so I am thinking of taking the Ultimate Bookkeeping Course even though I have covered everything there before in my studies, but at the very reasonable value of £85 (£65) currently it is very tempting. For anyone getting started in bookkeeping you really can't go wrong with these videos and I think they are a good example of the quality one might expect from his courses. Thank you so much for this great quality free content Bookkeeping Master.

[@BookkeepingMaster]

Thanks

[@hazellebomolimi3101]

Very helpful, 🙏🏽

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching

[@bundilee]

I love your videos

[@BookkeepingMaster]

Thanks so much!

[@Miladay.Adventure]

Learning here.. Thank you for your videos.

[@BookkeepingMaster]

Glad to hear that!

[@lamiaaitbouskri278]

You are amazing may God gives you all your wishes

[@BookkeepingMaster]

Thank you so much. You too!

[@mariadossantos3148]

Hi Sir. I have enrolled at bookkeeping course, and honestly I was asking myself what did I even enroll at this course... I could not understand a thing... Since the moment start watching your videos, its clear to me, I understand and im glad to continue.... Thank you very much for the great work, please keep it up... May God Bless you sir...Hello from Angola

[@BookkeepingMaster]

Great to hear! Thank you for your kind words and for subscribing

[@kamilachuchla684]

great explanation thank you

[@BookkeepingMaster]

Glad it was helpful!

[@Ashaalamgir02]

Thank you very much sir❤️

[@BookkeepingMaster]

So nice of you

[@kgoslyn]

Thank you for your videos!!!!

[@BookkeepingMaster]

You are so welcome! Thanks for watching!!!

[@lawrencegbemi9418]

Thanks for the good job

[@BookkeepingMaster]

Thanks for watching

[@elviraaranco1267]

Thank you sir I am.refresh with my course.

[@BookkeepingMaster]

All the best

[@chrislainaviansou533]

thank you so much

[@BookkeepingMaster]

Welcome 😊

[@alexanderasadullah5253]

How clear and slow you are explaining. thank you.

[@BookkeepingMaster]

So nice of you. Thanks for watching.

[@Ang3lofIc3]

I’m at video number 3 👌👊🏻

[@BookkeepingMaster]

Thanks for watching and for the comment

[@buhingkalbaryo]

thank you so much so informative🤗👍👍

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching

[@cledwynstafford4819]

...thankyou heaps, you are a legend.

[@BookkeepingMaster]

Thanks

[@lissetsanchez5316]

THANK YOU! 🤓

[@BookkeepingMaster]

Welcome!

[@MyYoutubeAccount853]

Thank you 😊

[@BookkeepingMaster]

You're welcome 😊

[@mugabedaniel9858]

I'm loving this...its so simple and well explained. Its like my first time on this😄...good work. Its so helpful.

[@BookkeepingMaster]

Awesome! Thank you!

[@stephanie5702]

Thankyou for offering this. I am currently studying via online learning. Amd am totally lost and confused with it. Your explanations are so much simpler

[@BookkeepingMaster]

Glad it was helpful! Thanks for the comment

[@karenandrews6883]

Thank you so much for this. It really helped me understand double-entry transactions. Can you please tell me what transactions would fall under revenue?

[@BookkeepingMaster]

Sales, commissions received, royalties, interest received, etc. I hope this helps, Karen. Thanks for watching.

[@mariaduplooy895]

Thank you Karen for asking.

[@Bluecollarrebel]

Thanks 👍

[@BookkeepingMaster]

No problem 👍

[@TheAMEN111]

Thank you

[@BookkeepingMaster]

You're welcome

[@TKBeads]

Your videos are amazing. I have been making jewelry for 20 years now but recently started selling them. So I went from basically a hobby to a business. I started the year with around $6000 worth of raw material (beads, findings, wire , etc) for making jewelry that I personally bought. How do I record that? And shouldn’t I be paying myself back for that? Thank you for taking the time for my questions. You are an awesome person.

[@BookkeepingMaster]

Thanks so much. The value of the raw materials can be sold to the business through debit stock and credit equity. This will record the value of stock in the business accounts and record the money owed to you from the business. I hope this helps.

[@ruh80]

Thank you, I'm able to follow your explanations 👍

[@BookkeepingMaster]

Great 👍 Thanks for watching

[@Browneyesuk666]

Awesome 😍😍😍

[@BookkeepingMaster]

Thank you! Cheers!

[@mihaimodan1696]

THANK TOU!

[@BookkeepingMaster]

Thanks

[@mayjuly6745]

Well done explain. Thanks

[@BookkeepingMaster]

Glad it was helpful! Thanks for watching.

[@pickntrash]

nice explaination

[@BookkeepingMaster]

Thanks so much

[@konsciousnurturing9187]

Im planning to offer this service to people after loosing my job and your video really made me understand it… thank you so much you are a blessing!!!🙏🏾😭

[@BookkeepingMaster]

You are very welcome. Good luck!

[@arov_3210]

Hey! If I go to a McDonnald's.. and I buy a meal. Do I put McDonnald's into DR and Bank account into CR? Thank you!

[@BookkeepingMaster]

Yes! That is correct. Thanks for watching