How to Prepare a Trial Balance with Wiley's Accounting Principles. Learn more here: www.wiley.com/...
Пікірлер: 67
@Daveboy2k4 жыл бұрын
It's been over 5 years since you've made this video and it has helped me prepare for my exam. Thank you!!
@BlitzBodyBeats3 жыл бұрын
What grade are you in
@tnloneunhackable71413 жыл бұрын
@david me too
@Innovertraining4 жыл бұрын
Thank you for your clear and precise instruction. I love it when instructors are straight to the point. You made it easy to understand and follow. Thanks
@yahyayaseen69073 жыл бұрын
Wherever its payable its Credit
@ttvdarwin75633 жыл бұрын
Thank you soo much
@mustafaalm4200 Жыл бұрын
And purchase return as well
@nalumansimercy9655 Жыл бұрын
Wherever its payable, those are current liabilities, they should be paid within a period of one year, so don't get it like where there's payable, its credit, but instead, get it in a manner that where there's payable, those are liabilities hence liabilities go on the credit side
@patricksutton75123 жыл бұрын
Thank you so much for this video! I wish I would have found this about 3 weeks ago, but I'm here now! Not an accounting major but am almost finished with my BS-Business Administration/Management
@user-mz1wu7nv9f10 ай бұрын
I'm approaching my final exams and this is really helping me🙏🙏
@linus2kmoney610 ай бұрын
only thing i can say is that i understand now because of you 👍
@praveenkumarj.r8735 Жыл бұрын
Form this video it's easy to understand trail balance....but voice is low....tq!!
@diana_d_wolf4562 Жыл бұрын
I literally have a test tomorrow for PoA and this really helps alot omg thanks you for this video!! And thank you for helping me understand
I think DEAD CLIC is better. DEAD= D-Debit E-expense A-asset D-drawings CLIC= C-credit L-liability I-income C-capital This way you already know what is debited and credited by the first letter of each acronym.
@jeonghansbiggestenthusiast69963 жыл бұрын
This is unrelated but AAARRRMMYYYYY
@wynterzzz4469 Жыл бұрын
@@muhammadlee- dude idk who you are but i literally love you thnk you so much may God bless you
@nia79393 жыл бұрын
thank you so much for helping me i have an accounting exam in 3 days and i hardly understand anything lol
@zeenmohamed8751 Жыл бұрын
This video does no beating around the bush and explains very clearly. Thanksss a lot
@iiKuipo2 ай бұрын
you saved my life 🙏
@suniavosikata5204 жыл бұрын
its 2020 and I'm having my exam in the next few days, this helped a lot omg thanks!
@MoussaToure3162 жыл бұрын
Thank you. I really enjoyed that video it helped me a lot and I understand the trial balance a lot more now.
@vimbaiveevivianmahove81455 жыл бұрын
Thank you! Great video, it was simple and easy to understand.
@aaronkeyala50973 жыл бұрын
You're a life saver carry on helping us comprehend accounts
@nighatsultana90704 жыл бұрын
how to prepare trial balance after balancing off t accounts
@jlorlin87673 жыл бұрын
Thank you so much it helped me in my exam 😭😭😭
@nekoyamaanna37985 жыл бұрын
wish i'd found you earlier. have to re-sit for my paper.. again.. probably.. since im definitely failing this re-sit. hope you make more vids!
@Abhishekn._5 жыл бұрын
Me too preparing for a supply exaam Chheers ☺️
@isabellekimp.guitap75072 жыл бұрын
thanks you save me on this grade 10 course in accounting
@kennethfortugaleza50734 жыл бұрын
how do you know if which 1 is debit and which 1 is credit?
@suniavosikata5204 жыл бұрын
-- Current Assets-- -cash in hand -cash at bank -accounts Receivable / debtors -petty cash advance/imprest -stock/inventory -income due -expenses prepaid --Fixed Assets-- -Land -Building -Furniture -plants and machinery -equipment -motor vehicles -fixtures -fittings
@komeesimagbele31403 жыл бұрын
Exactly
@aliakber85562 жыл бұрын
Coz assets, expense, drawings and a/c receivable will be debited and liability, owners equity, revenue,contra a/c will be credited..in the situation of increasing of amount.
@user-zf3zr5wb9t6 ай бұрын
Guy good job
@suchz792 жыл бұрын
Great help. Thanks for sharing. Permission to share this also.
@user-ig3bm9td9q5 ай бұрын
so good
@Hacker-cl2wl3 жыл бұрын
U saved my life
@Jimmy-yh1qq Жыл бұрын
Why did you start witch cash and then moved all the way to the bottom of accounts receivable
@tnloneunhackable71413 жыл бұрын
Omg dude u SAVE my life
@lifewithkadii64422 жыл бұрын
how about cash in hand is it debit?
@aydenpollard22484 жыл бұрын
This was unbelievably helpful. Thanks so much!
@jubsfash Жыл бұрын
Owners capital is liability, can u explain please
@chamanlalsharma52924 жыл бұрын
what about discounts allowed or receved
@robincao59334 жыл бұрын
discount received is on credit side, discount allowed is on debit side as u can see it as an expense
@suniavosikata5204 жыл бұрын
-- Current Assets-- -cash in hand -cash at bank -accounts Receivable / debtors -petty cash advance/imprest -stock/inventory -income due -expenses prepaid -Fixed Assets- -Land -Building -Furniture -plants and machinery -equipment -motor vehicles -fixtures -fittings
@cyrusmoorcroft13503 жыл бұрын
help i dont have notes payable, salaries and wages payable, service revenue and salaries & wages revenue on mine. (L. Patel unit 2 TVO ILC baf3m)
@user-jt2jl7vz3s6 жыл бұрын
very helpful, thanks!
@hinami3616 Жыл бұрын
Thank you so much
@official_PapaYaw2 жыл бұрын
Why is it that supplier having a debit balance intends of credit sir I need an explanation
@Nymul_Y Жыл бұрын
supplies are an asset because you own it
@nioxi3 жыл бұрын
Could anyone help? Is it A?
@asharani-cn3pf3 жыл бұрын
Thankyou so much
@MK-pj3ek4 жыл бұрын
Great
@yosafatyeo4605 Жыл бұрын
Here I am after my midterms wondering what my friends meant by balancing the trial balance. Oh shit
5 жыл бұрын
last video i saw expenses were under credit, here they are debit. accounting makes no sense!
@Abdulrahman654405 жыл бұрын
100k YaYa it make sense. The total at the end lest you know that there is no cheating goin on
@masror_ah3 жыл бұрын
Thanks
@SandeepKumar-ux2ch4 жыл бұрын
Thank you
@victorngala3 жыл бұрын
And what about stock??
@moboobie Жыл бұрын
You leave closing stock out of it but you can put opening stock in the trial balance