Hi! I just wanted to say thank you so much!! You are so much better than my instructor. I am in Acct. 101, and all my instructor says is "read the book." I basically have to teach myself how to do everything and I came across your page and found so much relief. Thank you for making this fun and easy to learn!!
@Nikku09092 жыл бұрын
Mam ,can u plz help me in my assignment?
@MYTHOMINHTRANАй бұрын
Posting Journal Entries is just like doing sorted out fresh clothing washed to the walking closet after washing and folding. Appreciate teacher!
@Mintcake_ Жыл бұрын
THANK YOU SO MUCH!!!! My accounting class doesn't give any of this information and I had no clue how to do my homework until I found you. You are an ANGEL!
@bazorfox47253 жыл бұрын
Because of your beautiful voices, i think i can understand most of it. Thank you.
@bammieee7493 жыл бұрын
Thank you so much for posting this video 💕im in online class and my teacher just told us we should just read the modules/book by ourselves and watch youtube if we want to learn :( your video is a life saver! i can easily understand the lessons now ❤️❤️
@Rose-df7th3 жыл бұрын
I have these as my activities and i really don't get the balance in the ledger, But you really help me! Thank youuu, you're a life saver teacher
@blalithanjan20943 жыл бұрын
Thank you with your help I was able to complete my assignment
@usera12119 ай бұрын
BEST VIDEO EVER ON THIS TOPIC OMG!! u rlly saved me, I've a finance+accounting exam in 2 weeks lol
@crudeyeoja41923 жыл бұрын
I just had these as my assignment thank you so much life saver!!!
@LightningStrikeGaming233 жыл бұрын
Same
@Ms.janell3 жыл бұрын
Thank you so much for this video, it was REALLY helpful
@RichardGarcia-gl1lz3 жыл бұрын
Thank youuuu. I already done my assignment❤️
@freyazeinsamonte14862 жыл бұрын
Thanks 😭 I just got bored in our class and I wasn't able to listen very well. LOL. you literally saved me.
@Megadocious111 ай бұрын
MAGNIFICENT!!!! Thank you so much.
@mscj19 күн бұрын
Thanks to you! I appreciate accounting now.
@momlikesmemore4 жыл бұрын
great tutorial, thank you!
@uniquebeautyify3 жыл бұрын
I must say, the instructor on here is some much simple than what the school I attend video shows. I have gotten a much clear understanding on how to do a journal and ledger, and now need the trail balance sheet. My school instructor has not been so helpful when asking common sense questions on accounting. She states to read the book and "Have you watched any of the videos in the study guide?" Like seriously! There's this one instructor teaching Journaling, Ledger, and Trial Balance on video and it seem as if she doesn't have a clue on what she's saying nor teaching to others. It seem as if the school grabbed her off a street corner and told her "If you can understand the ins and outs on what I'm going to briefly show you, you can teach this Accounting course". Ugh- Wrong. I find this video sooooo much better and hope to find the trail balance, because she breaks things down way much better than the pulled off the side of the road instructor.... Thanks for the video!
@maryoo15254 жыл бұрын
thank you so much it was help alot to solve my problem
@jptravelus4221 Жыл бұрын
These are very helpful :)
@jasonwang2676 Жыл бұрын
my exams are next week and this helped so much
@fluboee3 жыл бұрын
Thank you...am.saved,I had a CAT testing on the same.
@bangtannie132 Жыл бұрын
7/10/2023.. Thank you so much for this video.just started learning bookkeeping 1 month ago and i find it hard just by reading the lessons. This video really makes my life easier 💕
@alejandraochoa50422 жыл бұрын
Thank you so much for explaining to us.. I couldn't understand my professor. I was frustrated.
@pt52443 жыл бұрын
Is there a video on how you are closing the ledger accounts?
@igiranezaomega87523 жыл бұрын
Thank you very much!
@aprilzaragozamireles1031 Жыл бұрын
THANK YOU SO MUCH!!
@kop71253 жыл бұрын
I don't know how to create a ledger in excel. Do you have the same ledger on the left I may use? I couldn't write it down in paper, its too small and an office supply store is temporarily closed and everything went digital online.
@hanf44153 жыл бұрын
Love all your videos. Please, what software are you using? I have mac so I use Numbers, but I can't create a ledger that updates the balance.
@accountinghelp3 жыл бұрын
I use excel. You have to create your own formula to make it update.
@chefSqueez6 жыл бұрын
Is there a way you and I can connect, communicate via email? Please let me know. I am so loving your instructions. I did well when I was in school but it has been a while since then. I'm sure you know the real world and school are two different things. I understand the concepts of the educational world, but that real world scenario is a whole other animal! I am so glad I stumbled upon this channel! I am now a subscriber!!!
@accountinghelp6 жыл бұрын
Hello, we can be contacted via email at tlctutoringcompany@gmail.com. It is wonderful to hear that our videos have helped!
@sabbt19074 ай бұрын
Hi, Thanks for your videos. For example: 1Jan, we have 50,000 Cash in Debit in journal and we post it in Cash leldger account as 50,000 in Debit and then on 6Jan, we have Cash 3,000 in Credit and we post it to cash ledger account as 3,000 in Credit, But in my book It's shown differently. When we post Cash 50,000 Debit from journal to Ledger in my book It's written in Debit side 50,000 but with reverse name like : "Christopher Knowels, Capital" in Debit. I'm beginner and I'm confused. Why is that? Why account names change places?
@litliztv5863 жыл бұрын
What about items category
@azvasiti89533 жыл бұрын
thank you so much
@learnandshare4265 ай бұрын
Madam, we record an opening balance in ledger or not? I'am confused. Need help
@MAY73173 жыл бұрын
Why are the fees earned balance is on the crefit side aren't they considered an asset therefore increased in debit? And thank you so much for your effort 💜
@accountinghelp3 жыл бұрын
Fees earned is a revenue account-- not an asset. :)
@firstreviewer8966 Жыл бұрын
Thank You, very helpful. FR
@sakuragi10464 жыл бұрын
So basically, Post ledger is just the balance of the overall entries?
@justincarrizales1206 Жыл бұрын
Bookkeeping pretty much.
@christinenoquera97963 жыл бұрын
Do u have video about income summary and owner's equity under the general.kedger?
@christinenoquera97963 жыл бұрын
*ledger
@justsomeone52894 жыл бұрын
What to do you put on the 'item' column?
@accountinghelp4 жыл бұрын
The item column is typically only used when we need an additional note, such as "Beginning balance", "Adjusting", or "Closing".
@bobadillajankylas.78343 жыл бұрын
Hiii! I'm going to ask something, if I received my cash in the General ledger and it's already listed there, but I encounter another one which is account receivable and I subtract it means I received already the cash and they are no longer have debt on me? Does it correct? Thank youuu
@accountinghelp3 жыл бұрын
Typically, if we are collecting on accounts receivable, cash would be going UP (debit). If this is the case, then it would mean that your customers no longer owe you that debt.
@regularbloke74104 жыл бұрын
did you divide one worksheet in two or you opened two separate worksheets in one window in this clip ?
@accountinghelp4 жыл бұрын
It is the same worksheet but I opened a duplicate window in Excel.
@regularbloke74104 жыл бұрын
@@accountinghelp thanks for reply
@cheesecakeoreo93628 ай бұрын
I have a question. What separates page 1 and page 2 from the general journal?
@accountinghelp8 ай бұрын
Literally pages. :) Accounting used to be done on paper in books, so when you ran out of room on page one, you'd move on to page two. They would be the first and second page on the general journal.
@bobadillajankylas.78343 жыл бұрын
Hiii again, I'm just going to ask if this right or not. In the transaction there is a amount that about the salaries of employee it is 25,000 to 30,000 what should I do with this? Is it correct that I add them?
@bobadillajankylas.78343 жыл бұрын
Thank youuu!!!
@Chadrawss3 жыл бұрын
Waiit why is the accounts payable in jan 21 credited? Didn’t the 2000 value decreased to 0? And since it decreased shouldn’t it be placed in debit? (Im Accounting noob here and i just wnna know)
@accountinghelp3 жыл бұрын
Hi Chad, are you referring to the ending balance on January 21? The 0 will be placed on the credit side because AP is a liability account with a normal credit balance. You should never see a debit *balance* in AP.
@leandronorcio96426 жыл бұрын
Hi, can I ask if we also post contra accounts to the ledger?
@accountinghelp6 жыл бұрын
Hello Onsong, yes, journal entries that have contra accounts must also be posted to the ledger.
@leandronorcio96426 жыл бұрын
TLC Tutoring Thank you, I mean the contra accounts themselves for example "Allowance for Doubtful Accounts".
@Hshsbsgeal Жыл бұрын
Hi Ms, Thank you For the beautiful explanation, but I have a question, why there is no ledger for Rent Expenses?
@accountinghelp Жыл бұрын
You may want to rewatch the video. There is a ledger for rent expense.
@ahsanhabib19716 жыл бұрын
Thanks! Very useful ....Could you please upload this worksheet as an Excel file........
@safiulhasannabid95153 жыл бұрын
Google e search de bokachoda
@Animash0074 жыл бұрын
What do you do if there are 3 accounts that you have to post over?
@accountinghelp4 жыл бұрын
Just do each one individually. It's just like when there are two, just one extra.
@eraalexandre86026 жыл бұрын
Hi I'm a Financial Accounting student, I made a miscalculation in my Cash account and now i have one debit and one credit of the same amount. I know i'm suppose to subtract the two. But I couldn't catch on to how you subtract when it's both the same.(both debit and credit are $3950) Do i just put zero and move on to the next ?
@accountinghelp6 жыл бұрын
Yes, if you have one debit of $3,950 and one credit of $3,950, then the balance would be zero. However, be careful here! Cash will not usually have a zero balance, so I am assuming that you did the opposite to fix your error. Happy studying, Era Alexandre!
@eraalexandre86026 жыл бұрын
Thank you so much ! Eventually thanks to a few more replays of this video and some questions from my teacher, I got the understanding.
@Flootyy3 жыл бұрын
mvp!
@kainaatmakhani65502 жыл бұрын
good job
@turtle61542 жыл бұрын
I just want to ask how do you put number per ledger is there a rule ?
@accountinghelp2 жыл бұрын
The ledger account numbers have one primary rule. The assets are to start with the number 1, the liabilities are to start with the number 2, capital is to start the number 3, revenues are to start with the number 4, and expenses are to start the number 5.
@Ella_EW2 жыл бұрын
Thank you so much!!!! 0
@willynannbalenia564 Жыл бұрын
Hi good day! May I know the app/s you used in your presentation? I think it is better than excel.
@accountinghelp Жыл бұрын
It is Excel. I have some excel files available on the website: www.tlctutoringcompany.com
@guiamonasapalon75603 жыл бұрын
If the accounts payable is both credit what will i do?
@accountinghelp3 жыл бұрын
If it has a credit balance and there is another credit, you will add that amount to the balance.
@jahzielperalta4843 жыл бұрын
I have a question, why is your voice so pretty? Thanks for the tutorial ^^
@accountinghelp3 жыл бұрын
🥰🥰🥰
@jasonbryanreyes73065 жыл бұрын
Baka pwede po patulong to pakisagot
@bbtbekele22943 жыл бұрын
Thanks'
@surendranloganathan73803 жыл бұрын
I need some basic pls , can u suggest or pin the link below pls
@luiscrespo24563 жыл бұрын
hot ones
@aaliyahcox82933 жыл бұрын
cash is an asset ? so y is it credited
@accountinghelp3 жыл бұрын
Assets increase with a debit and decrease with a credit. So when cash is going down, we credit it.
@loganlevant84676 ай бұрын
FHCI gang wya -> Mr yip
@Tiasalva076 ай бұрын
Waddddup
@user-hg8xq5fh1l5 ай бұрын
Don't we include the item name or explanation? I want to understand it better
@accountinghelp5 ай бұрын
Depends. Some professors want you to include a memo. Personally, I don't want to see the memo from my introductory students.
@yohnini4473 жыл бұрын
8:33
@haih.7003 жыл бұрын
e3 2019
@lemuelbunak5202 жыл бұрын
Too slow in download
@brianshongwe-ub9tq2 ай бұрын
wOW
@aceofspades17019 ай бұрын
you did what my account professor did not, show me anything at all. Literally, did not show me nuutting.