PROPERLY Record Debits and Credits with Examples (EASIEST Method)

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Leila Gharani

Leila Gharani

Күн бұрын

Пікірлер: 333
@LeilaGharani
@LeilaGharani 11 ай бұрын
Master Financial Analysis in 30 Minutes! 🚀 Start our FREE course now and learn the basics fast. No strings attached! 👉 link.xelplus.com/yt-free-finance-basics
@ojayherbert
@ojayherbert Жыл бұрын
This is best and simplest lecture i’ve ever seen on recording debits and credits. Thank you fo much
4 жыл бұрын
Thank you so much, i have been struggling with these for so so long, i have also watched a ton of videos online but still can not understand anything until i find your video. It helps a lot and for the first time in my life i can understand how the transaction works. You're such a great teacher
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Great to hear!
@asyaborkova4210
@asyaborkova4210 4 жыл бұрын
I’m so impressed too! Thank you 🙏
@xperea91
@xperea91 3 жыл бұрын
I couldn’t agree more! I have been trying to understand this for far too long. I cannot thank you enough!!! 🙏🏼
@MYTHOMINHTRAN
@MYTHOMINHTRAN 9 ай бұрын
The missing dots have been found and connected, and I have regained my confident to come back to school after 45 years on the pursue of living career! Appreciate your teaching! Apprezzo il tuo insegnamento, signora Leila.
@jesscollie5173
@jesscollie5173 2 ай бұрын
I'm trying to learn the basics of accounting on my own, and it's proving very challenging. Your channel is helping me so much! Thank you!
@abeazar
@abeazar 5 жыл бұрын
As a practicing CPA and a person who attempts to teach accounting to small groups of Payroll Professionals in about a half an hour once a year, I plan to use your examples next time I teach. Thanks for a precise and concise accounting lesson. Abe Azar
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Thanks Abe. I hope the examples will be useful.
@deepvyas3972
@deepvyas3972 4 жыл бұрын
Nice
@mmbogo2873
@mmbogo2873 7 ай бұрын
Thanks
@nikopriest6762
@nikopriest6762 2 жыл бұрын
The DEALER method is easier to remember. Dividends Expenses Assets Liability Equity Revenue
@nitinrajeev5609
@nitinrajeev5609 4 жыл бұрын
This is one of those channels I'm so glad that I found!
@MahmoodSuhail
@MahmoodSuhail 3 жыл бұрын
With every video I watch of yours, my credit of admiration towards you increases and that throws my equation out of balance because you're adding more and more equity to our knowledge! Thanks for the amazing job! Keep up the great work..
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Wow, thank you!
@mariatlopezleguizamo6483
@mariatlopezleguizamo6483 2 жыл бұрын
Oh my God! You are fantastic! Thank you so much for sharing your knowledge in such an easy way for us old folks. Blessings
@JettingChen
@JettingChen 5 ай бұрын
@Leila every time I get stuck in something, it’s always your content that helps push me forward. Used to be only for Excel matters, now Accounting as well. You rock!
@Angelica-pu3dq
@Angelica-pu3dq 4 жыл бұрын
Oh my goodness...i think you are saving my life. I'm taking a college accounting course (working on acct degree) and I was SO confused!! I checked out to other people before you and I was still confused after watching several of their videos. This is really helping a lot and putting it into terms and a way that I can understand. I really appreciate that immensely. I was getting nervous I wasn't going to be able to grasp it. ❤🙌
@LeilaGharani
@LeilaGharani 4 жыл бұрын
I'm so glad! Good luck with the course.
@JTBooks
@JTBooks Жыл бұрын
One of the best explanations of COGS i've come across. This cleared it up so much. Thanks!
@rodrigoabatepaulo
@rodrigoabatepaulo 4 жыл бұрын
I’m an Brazilian accountant, it’s really easy to learn with your videos. You have to understand the basis very well to understand the advance accounting. It’s really nice your way to explain. Congrats.
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad you like it Rodrigo. And it's so true. Once you understand the basics everything else falls in place much easier later.
@Geevs80
@Geevs80 3 жыл бұрын
Every time you lowered the brightness of the background I thought my battery was dying! Really appreciate the good explanation.
@adiscomputerschool
@adiscomputerschool Жыл бұрын
Very nice approach. I spent four years in university studying for this course. Now I have amazing knowledge in 15 minutes. thank you!
@robertadafallon660
@robertadafallon660 3 жыл бұрын
Thank you for connecting the dots so easily for me!!! Clear and concise presentation.
@Me_ThatsWho
@Me_ThatsWho 5 жыл бұрын
Such a wonderfully clear and visually engaging presentation (such fine graphics). You have a great production crew !
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Thank you! We are doing our best :)
@duccius
@duccius 3 жыл бұрын
This playlist is pure gold
@irynag1771
@irynag1771 5 жыл бұрын
Thank you so much! I'm impressed. Please, post more and more and more videos ;) about accounting and bookkeeping. I really like your manner of speaking and structure of the lessons!
@LeilaGharani
@LeilaGharani 5 жыл бұрын
We'll definitely post more next year. Glad you like the videos.
@abbasnakhlband9411
@abbasnakhlband9411 Ай бұрын
Thanks! Very clear and instructive!
@tonydong13
@tonydong13 10 ай бұрын
best channel in youtube! only starting to understand these after watching your video, thanks!
@LeilaGharani
@LeilaGharani 10 ай бұрын
Happy to hear that!
@savannanash1449
@savannanash1449 3 жыл бұрын
ADEX LER is probably the most helpful thing I’ve ever seen! Thank you
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Our pleasure! I'm glad it's helpful for you.
@shabbirkanchwala-abwaab6263
@shabbirkanchwala-abwaab6263 5 жыл бұрын
Debit-Credit simplified New LG style Thnx Keep it up
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Thank you! More to come. Stay tuned :)
@peternganga9371
@peternganga9371 5 жыл бұрын
Thanks Leila. These are explanations that I missed in my introduction to accounting. Nice one there. Thanks.
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Glad you like it Peter.
@Jesusloveyou-
@Jesusloveyou- 2 ай бұрын
Thank you so much. Excellent explanation.
@peteratkinson4263
@peteratkinson4263 Жыл бұрын
I liked the way you used a 'story', whilst explained debits and credits, and then profit and loss/balance sheet etc!! I believe, that, IF you are to do ANYTHING with accounting/bookkeeping, then it's SO important, that, you can make the CORRECT 'postings' to your t-accounts!! I think, your videos, are, VERY suitable, in, helping the BEGINNER, grasp, the above postings!!
@LeilaGharani
@LeilaGharani Жыл бұрын
Awesome! Thank you!
@peteratkinson4263
@peteratkinson4263 Жыл бұрын
Your welcome!! Merry Christmas!!@@LeilaGharani
@Inquire98
@Inquire98 4 жыл бұрын
"Thank GOD", and thank you very much for your sharing support and time 😉 You and your videos are REALLY good 👌
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad you like them!
@shawniejohnson130
@shawniejohnson130 5 жыл бұрын
You saved me, I was lost but I understand so much better now! Thank you 😊
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Glad to help Shawnie :)
@hannawilliams3416
@hannawilliams3416 3 жыл бұрын
i literally logged off my zoom accounting lecture angry and frustrated and confused. after watching just two of your videos, i am already grasping the concepts that i was really struggling with. thank you thank you thank you!
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Great to hear, Hanna!
@bevinkeefer5125
@bevinkeefer5125 3 жыл бұрын
SAAAAAAAAAMMMMMEEEEEEE!!!
@vyshnavakumar2553
@vyshnavakumar2553 4 жыл бұрын
One of the best way to learn accounting.. Hats off
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad you like it!
@ganapathibalasubrahmanyam4575
@ganapathibalasubrahmanyam4575 3 жыл бұрын
Your pace of explanation is awesome. Must say the very BEST!!!
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Thanks a lot 😊
@ganapathibalasubrahmanyam4575
@ganapathibalasubrahmanyam4575 3 жыл бұрын
You got it. Delivery at right pace is very key for successful learning. This tutorial was spot on. Is there a email where I can discuss in more details about this with you?
@Ash1741.
@Ash1741. 2 жыл бұрын
Thank you very much. Haven’t done journal entries since I was at uni.
@kourosh234
@kourosh234 4 жыл бұрын
this is the best and easiest tutorial to understand on the web. Nice job. thanks
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad you think so!
@eyoelgetachew6004
@eyoelgetachew6004 2 жыл бұрын
great lesson ....................thank u leila
@christinenoquera9796
@christinenoquera9796 3 жыл бұрын
You're a great teacher finally I understand now I've been struggling on journal entry
@lalamalelang5670
@lalamalelang5670 3 жыл бұрын
Now u know on journal entry. Always remember double entry debit and credit are always equal.
@munizahir7644
@munizahir7644 3 жыл бұрын
Thank you Leila for the amazing explanation. I think now I can say that I can pass the accounting course confidently.
@ItsOnlyShift
@ItsOnlyShift 2 жыл бұрын
This was genuinely absolutely brilliant
@ericjohnson4877
@ericjohnson4877 8 ай бұрын
@LeilaGharani ....so after this vid and your vid "Debits and Credits MADE EASY with ADEx LER", I've come to terms with the fact that for now I just have to accept which accounts are debit accts and which are credit accts, memorize it, and move on, but I'm not satisfied. I'm trying to wrap my head around what makes each particular account a debit or credit acct, and how that relates to the basic accounting equation, and I have a feeling I'm in for an epiphany....don't worry, I'll keep you updated 😄Your channel has been really helpful so far, btw. My background is technical electronics, my degree is computer science, but somehow I ended up keeping the books for my Mom's real estate brokerage! Agggghhhhhh!!!! I have to learn accounting and bookkeeping!!! Thanks for your hard work!
@kevwu9931
@kevwu9931 3 жыл бұрын
Amazing explanation Leila, you've just helped me understand a lot of accounting concepts that I'd struggled to understand my entire life :)
@qudratullahhabiby607
@qudratullahhabiby607 3 жыл бұрын
it was so nice of you i love that your teaching so in easily way i really enjoy from your video
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Thank you! 😃
@julietlawson780
@julietlawson780 2 жыл бұрын
You are such a great teacher! Thank you so much for simplifying this!
@hriditakhan5462
@hriditakhan5462 2 жыл бұрын
you make soooo much sense, thank you so much! you're a superstar
@juniorcoder1267
@juniorcoder1267 2 жыл бұрын
Thank you very much, i have managed to created an accounting system using your videos
@meghnasunil8212
@meghnasunil8212 3 жыл бұрын
Your explanation is so on point 👌
@johngeldenhuys2158
@johngeldenhuys2158 5 жыл бұрын
wow - I find myself going back and re-watching - I will understand this one day. thks Leila
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Took me a long time too John :)
@cosminciceu101
@cosminciceu101 Жыл бұрын
Very good explication and easy to understand. Thank you.
@88pianissimo90
@88pianissimo90 9 ай бұрын
Thanks for the video. This is helpful. I am technical person working in financial reporting and this kind of videos help me understand requirement and then translate that into technical stuff.
@88pianissimo90
@88pianissimo90 9 ай бұрын
Can you please make a video on inventory valuation methods like FIFO, LIFO etc.
@MindBodyStorm
@MindBodyStorm 2 жыл бұрын
Illustrations like these are rare in the Accounting world, I mean SERIOUSLY 🧐‼️
@samuelsanchez7800
@samuelsanchez7800 4 жыл бұрын
Thank you so much, I finally understand.
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad it helped, Samuel!
@adriannoguera0716
@adriannoguera0716 7 ай бұрын
Thank you Leila ❤
@rsr_s239
@rsr_s239 2 жыл бұрын
5 PEOPLE have tried to explain this to me to no avail. Merci Mamnoon
@wizardmaster6639
@wizardmaster6639 2 жыл бұрын
very good Leila - highly helpful - its basic math, but putting them into these swinging accounts is a learning process. .... But I have great news for you, since the time I have started watching your videos, I have become a majnoon - thanks for your help.
@deepvyas3972
@deepvyas3972 4 жыл бұрын
Very Nice Explanation... In India we use Ind Accounting Standard is nearly same but we are using The 3 golden rules 1) Real A/C Rule 2) Personal A/C Rule 3) Nominal A/C Rule It is easy to post Journal Entries Again Madam very nice explanation with very nice voice... Thanking you....
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Thanks for sharing these rules.
@factspoken9062
@factspoken9062 9 ай бұрын
best channel till date
@IsraelAlvarado-q1h
@IsraelAlvarado-q1h 10 ай бұрын
OOOH MY GOD!!!!!!!! you are the best!!!!
@jandradaunoraite9725
@jandradaunoraite9725 3 жыл бұрын
Leila you are absolutely amazing! Thank you.
@allengrant5874
@allengrant5874 3 жыл бұрын
Thanks once again Leila. So clear and concise.
@lalamalelang5670
@lalamalelang5670 3 жыл бұрын
This simple easy to understand will be my giuide from journal entry t-acct balance sheet income statement. Hope the example is complete when it write it down the transactions. Thanks
@honestcomments8053
@honestcomments8053 6 ай бұрын
Excellent!
@phoenixs6098
@phoenixs6098 Жыл бұрын
YOU'RE AMAZING. MAY GOD BLESS YOU ABUNDANTLY! 😇🙏🏼
@luzvimindachangsi8806
@luzvimindachangsi8806 Жыл бұрын
I still had a lot to learn thank you so much
@ayananidheeshayananidheesh7274
@ayananidheeshayananidheesh7274 4 жыл бұрын
Thanks maam.i am in Kerala.l well understand your class.al the best.
@OFNETWORK-y5c
@OFNETWORK-y5c 11 ай бұрын
Beautiful. Thanks for this video
@mazenalsakkaf
@mazenalsakkaf 5 жыл бұрын
Wow..the best video in its own subject I have ever seen...cheers
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Thanks for the kind feedback!
@sandrahendricks1354
@sandrahendricks1354 2 жыл бұрын
Very helpful - thank you greatly!
@jaylauna4153
@jaylauna4153 3 жыл бұрын
Watched both videos, this one's great simplified version of understanding Debit and Credit Entry and how it is fed into the P&L and Balance Sheet. You are awesome!
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Glad it was helpful!
@gyambibialex849
@gyambibialex849 4 жыл бұрын
Very interesting . It helping me a lot. Accounting made easy for me
@mattschoular8844
@mattschoular8844 5 жыл бұрын
Thanks Leila. The first 80% was explained well in detail. I hope you will expand upon the income stat and balance sheet portion on more detail in upcoming videos. Well done...
@lalamalelang5670
@lalamalelang5670 3 жыл бұрын
And also trial balance.
@Worldviewspotlight
@Worldviewspotlight 4 жыл бұрын
Just because of you I am able to do it. Thanks a lot.
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Glad to hear that
@chikaaudreyna3916
@chikaaudreyna3916 4 жыл бұрын
Omg,thank you so much this is so incredible and detail
@shawnsweetonmoras6856
@shawnsweetonmoras6856 2 жыл бұрын
Thank you so much Leila
@zazaza5535
@zazaza5535 7 ай бұрын
The very best. Thank you.
@johnnykeita7392
@johnnykeita7392 3 жыл бұрын
You are talented keep it up. Thanks
@zqrsh7902
@zqrsh7902 5 жыл бұрын
Madam thanks for your most informative vedio. Eagerly waiting for your next vedio on automatically transfer (posting) General entries to ledgers.
@Kunju779
@Kunju779 4 жыл бұрын
Thank you Madam🙏
@patriciaruthdrusiledongmod3201
@patriciaruthdrusiledongmod3201 4 жыл бұрын
You are the best🎉🎉
@deepanshukaushik5571
@deepanshukaushik5571 4 жыл бұрын
Thanks! You made things easier.
@dagi.g16
@dagi.g16 2 жыл бұрын
Thank you🙏🙏
@oliviamwebeiha6038
@oliviamwebeiha6038 3 жыл бұрын
Excellent video, made it seem so easy! Thanks
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Glad you liked it, Olivia!
@fazaldinafghan9931
@fazaldinafghan9931 4 жыл бұрын
Thank you Mrs. I like this videos Record please upload account another videos
@karrieweb2004_JxEdEx
@karrieweb2004_JxEdEx 5 жыл бұрын
Thank you for the clearly presented information. I will share this video with my classmates.
@LeilaGharani
@LeilaGharani 5 жыл бұрын
Glad you like it Karen.
@seidegavenski935
@seidegavenski935 3 жыл бұрын
Simple and wonderful. Thank you!
@bunnakornsomprasert6019
@bunnakornsomprasert6019 5 жыл бұрын
Thank you Leila. These help me a lot to explain to beginner.
@accnotech3863
@accnotech3863 5 жыл бұрын
Video is good on accounting part, but we would love to see more videos on Excel, as if how to use Excel as front end keeping database in access or sql. Your teaching skills are awesome so I request to make some videos on topics I mentioned above.
@LeilaGharani
@LeilaGharani 5 жыл бұрын
More Excel videos will be out next week. These videos have been in addition to the usual Excel videos :)
@salaheldin00
@salaheldin00 4 жыл бұрын
Thank you so much for the most valuable information you have have clearly explained .
@LeilaGharani
@LeilaGharani 4 жыл бұрын
You are very welcome
@RajputAjeetSinghVlogs
@RajputAjeetSinghVlogs 4 жыл бұрын
Liked Ur Way Of Teaching 💥 Love From India 🇮🇳
@alexamantel5330
@alexamantel5330 3 жыл бұрын
nice, nice, nice, excellent,perfect work
@ellefrias5980
@ellefrias5980 4 жыл бұрын
Thank you so much😭 Im really getting a hard time understanding my course right now... But after watching ypur videos and discussion it is more easier and lighter for me😊😊😊😊
@LeilaGharani
@LeilaGharani 4 жыл бұрын
Happy to help!
@mohammadramezalsibai3378
@mohammadramezalsibai3378 4 жыл бұрын
It is really useful, thank you Leila
@LeilaGharani
@LeilaGharani 4 жыл бұрын
You're welcome 😊
@happyfamilylifescreations
@happyfamilylifescreations 3 жыл бұрын
Really nice and clear..thanks for your time and effort leila!
@LeilaGharani
@LeilaGharani 3 жыл бұрын
You're welcome 😊
@lalamalelang5670
@lalamalelang5670 3 жыл бұрын
Thanks for sharing im learn a lot. Basic accounting. Thanks. Il take down notes.
@LeilaGharani
@LeilaGharani 3 жыл бұрын
Excellent!
@mariostudio7
@mariostudio7 5 жыл бұрын
"Accountants don't expect low earning rates" is so neat! 😁
@LeilaGharani
@LeilaGharani 5 жыл бұрын
There are different variations out there but this one just made it stick for me :)
@akhilkumarraparthi8179
@akhilkumarraparthi8179 3 жыл бұрын
Your just awesome teacher I have so much of respect on you after watching this vedio. Thanks a lot
@jkederyte
@jkederyte 4 жыл бұрын
Very good video, thank you!
@LeilaGharani
@LeilaGharani 4 жыл бұрын
You are most welcome!
@marktolliver1133
@marktolliver1133 4 жыл бұрын
JUST EXCELLENT, NOTHING ELSE NEEDS TO BE SAID
@youssefyoussef5096
@youssefyoussef5096 4 жыл бұрын
Thanks for sharing this valuable content.
@LeilaGharani
@LeilaGharani 4 жыл бұрын
My pleasure!
@derejelemma9604
@derejelemma9604 2 жыл бұрын
It is good presentation keep up it
@ismailismaili0071
@ismailismaili0071 5 жыл бұрын
U are doing such a great job thank u so much Ms. Leila
@LeilaGharani
@LeilaGharani 5 жыл бұрын
My pleasure Ismail. Hope it's helpful.
@CoolGirl-uf1ou
@CoolGirl-uf1ou 4 жыл бұрын
thank you very mucchhh!!! this was an amazing explanaition!
@LeilaGharani
@LeilaGharani 4 жыл бұрын
You're very welcome!
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