Learn Double-Entry Bookkeeping in 5 Minutes

[@mingahanthony3152]

Brilliant. Simple, logical, neat. Best guide I've seen to date. Pity this video isn't reaching more people. They're missing out. Glad I found your video. Lucky me.

[@AmethystLove888]

thankyou!! This and the mock exam walk through have been sooo helpful❤❤❤

[@jonasteaj4108]

Hello Will . Your way how you explain everything helps me a lot in my first AAT exam . Please can you help will a video about reconciliation .

[@juliehartley3652]

Hi Will - super explanation of double entry book-keeping. Hope your channel does really well. 😊👍

[@Willboardman]

Thank you Julie!

[@paolalindo9547]

my exam's tomorrow and ur saving my ass. thank you

[@factipakistan7568]

Well explained

[@stelle2918]

🙏 Thncs

[@BryonyOrsborn]

Sorry to sound stupid - but if the company buys £180.00 worth of stationary, I can understand that the stationaly account has a debit - but why would the bank have a credit? Am I getting confused with the bank 'account' and the bank 'balance' as the bank balance would surely be debited by £180 after spending that amount on stationary as a purchase?

[@Willboardman]

The bank on an accounting system is the opposite of your personal account :)! So a debit is an increase to the balance and a credit is a decrease.

[@Jana-bd4xz]

If sales increase then why it goes on credit side? You said credit is decrease

[@Willboardman]

So an increase to purchases, expenses or assets would be a debit to their accounts, a decrease would be a credit to their accounts. An increase to sales (revenue), liabilities or capital would be a credit and a decrease in value to these accounts would be a debit.