This is incorrect, using debit and credit backwards. A Cash account like this or any other asset account has a normal Debit balance. The balance increases with debits and decreases with credits.
@nathasyapramudita6312 Жыл бұрын
Yeah, this video is misleading. Rent pay, stationery purchase, and car fuel is part of expenses. Expenses increase with Credit and decrease with Debit. And opening balance and furniture sold is part of Assets and Revenue. Which increase in Debit and decrease in Credit. I hope everyone that new in Accounting didn't follow this video.
@kishkay63769 ай бұрын
@@nathasyapramudita6312 no, expenses increase with debits and decrease with credits.... Just remember DEALER Debits Increases are: Dividends Expenses Assets Credit Increases are: Liabilities Equity Revenue
@Suzie3978 ай бұрын
Thankyou
@zaidsuhail1186 ай бұрын
@@nathasyapramudita6312 You are slightly wrong here. Assets and Expenses both increase in Debit and decrease in Credit, while Income, Liabilities and Capital increase in Credit and decrease in Debit.
@matthewmoffitt68883 ай бұрын
hahaha trash video.
@brandonsmith3023 ай бұрын
I always forget to include the opening balance. 😂
@cristoleads92112 жыл бұрын
That is awesome brother!
@blklepard9 ай бұрын
Awesome thank you
@racheljg30174 ай бұрын
AWesome thank you
@Imamkoshin Жыл бұрын
thank you man
@Kraziihype8 ай бұрын
everything in this video is misleading, from the spelling to the accounts to the debit and credit to the "automation" as expected
@DhaqabaYasin-yh2zh8 ай бұрын
Very much
@zeeshanbashir60346 күн бұрын
cash is our asset when it will increase will be debited when it will decrease will be credited
@excelformulas46 күн бұрын
@@zeeshanbashir6034 correct
@premkumarmodani242 Жыл бұрын
Sirji Is Mein Narration Kidhar Hain . . . ? 🤔 😲 🤔
@brandsmerkez5 ай бұрын
Mujhe formula lagana ha k mein filter kru *cash Received* or mere ps balance mein only cash received wali values ka hi Balance show ho rather than all ledger values ?
@excelformulas45 ай бұрын
@@brandsmerkez pivot table watch my video
@zaidsuhail1186 ай бұрын
This is absolutely incorrect brother. Your Formulation is wrong and your debits and credits are also incorrect. Please correct it. Also your Ledger does not contain any narration or reference of the transactions. A ledger needs to have both the narration and the accounts involved.