A journal entry, in accounting, is a logging of transaction into accounting journal items. The journal entry can consist of several recordings, each of which is either a debit
or a credit. The total of the debits must equal the total of the credits or the journal entry is
said to be "unbalanced". Journal entries can record unique items or recurring items such as depreciation or bond amortization. In accounting software, journal entries are usually entered using a separate module from accounts payable, which typically has its own subledger that indirectly affects the general ledger. As a result, journal
entries directly change the account balances on the general ledger.
Recording a journal entry
Some data commonly included in journal entries are: Journal entry number; batch number; type (recurring vs. nonrecurring); amount of
money, name, auto-reversing; date; accounting period; and description. The accounts to be credited are indented. Typically, accounting software imposes strict limits on the number of characters in the description; a limit of about 30 characters is not uncommon. This allows all the data for a particular transaction in a journal entry to be displayed on one row.
🆓Journal Entry Free Quiz → https://accountingstuff.com/blog/journal-entry-quiz
💥Journal Entry Cheat Sheet → https://accountingstuff.com/shop
🖊Journal Entry Practice Questions → https://accountingstuff.com/practice-questions
Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examp...
published: 21 Sep 2018
Basic Journal Entry Examples
Basic Journal Entry Examples
published: 28 Sep 2014
How to record a journal entry the EASY way!
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How to record a journal entry in a way that's easy to remember. I will walk you 3 steps to record any business transaction.
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published: 05 Jun 2020
How to Make a Journal Entry
This video illustrates how to make a journal entry in the general journal.
published: 07 Jun 2011
Journal Entries | Accounting | Rules of Debit and Credit.
Journal Entries | Accounting | Rules of Debit and Credit.
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microeconomics new playlist
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Business studies playlist
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DrWMjViZzXi5qN0OUaPpyWS
Economics playlist (last year)
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqwyZevNdw9dvFYQc2VlwD0
Accounts latest playlist (2020-2021)
Accounts 11 (2020-2021): https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqZ3r4Wab6eSmPiV3CP6RmJ
Accounts ( previous year )
https://www.youtube.com/playlist?list=PLv_Jo3K8g_Dp3X2kdm-UCAjCoxQbgCymi
Must check playlist for all other videos. ❣️
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For notes and important questions j...
published: 22 Jun 2020
FA9 - Journal Entries Explained
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
published: 26 Aug 2019
Basic Journal Entries by Saheb Academy - Class 11 / B.COM / CA Foundation
In this video I have explained how to pass basic journal entries like
1. Paid Rent
2. Paid Salary
3. Drawings Entry
4. Income Tax paid
5. Commission Paid
6. Depreciation
and many more..
After watching this video you will be able to pass Journal Entries with no hassle at all.
#1 How to Pass Journal Entries
https://youtu.be/NP99QtgkiOQ
#2 HARD Journal Entries
https://youtu.be/cMnMmLN_dYc
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
...
published: 03 Jul 2020
FA10 - Journal Entries Example
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
published: 26 Aug 2019
Journal Entries Basics | Rules of debit and credit | Class 11 | Easiest way
In this video we are discussing about :
Journal Entries | Class 11 | Accountancy
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published: 22 Aug 2022
How to Make Journal Entries by Saheb Academy - Class 11 / B.COM / CA Foundation
In this video I have explained all the concepts and logic behind How to Pass the Journal Entries and solved a practical example with DEALER technique.
⏱TIMESTAMPS
0:00 - Intro
0:12 - Concept & Format
4:10 - Modern Classification of Accounts - DEALER
15:32 - Rules of Debit & Credit
20:56 - Practical Solved Example
After watching this video you will be able to pass Journal Entries with no hassle at all.
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
#2 Basic Journal Entries
https://youtu.be/x9orHhVTo-E
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please L...
🆓Journal Entry Free Quiz → https://accountingstuff.com/blog/journal-entry-quiz
💥Journal Entry Cheat Sheet → https://accountingstuff.com/shop
🖊Journal Entry Practice Questions → https://accountingstuff.com/practice-questions
Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:15 - Why do we Record Transactions?
02:15 - What are Journal Entries?
02:26 - What does a Journal Entry look like?
03:51 - Manual vs Automatic Journal Entries
04:20 - Journal Entry Example
05:47 - Recap
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝CLOUD ACCOUNTING SOFTWARE
▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z
▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa
▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada
▪ Freshbooks → http://geni.us/Z7DA8l
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▪ Sheets → http://geni.us/fFShU
▪ Excel → http://geni.us/BRPBz
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▪ TikTok → https://www.tiktok.com/@accounting_stuff
▪ Facebook → https://www.facebook.com/thisisaccountingstuff/
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
🆓Journal Entry Free Quiz → https://accountingstuff.com/blog/journal-entry-quiz
💥Journal Entry Cheat Sheet → https://accountingstuff.com/shop
🖊Journal Entry Practice Questions → https://accountingstuff.com/practice-questions
Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:15 - Why do we Record Transactions?
02:15 - What are Journal Entries?
02:26 - What does a Journal Entry look like?
03:51 - Manual vs Automatic Journal Entries
04:20 - Journal Entry Example
05:47 - Recap
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝CLOUD ACCOUNTING SOFTWARE
▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z
▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa
▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada
▪ Freshbooks → http://geni.us/Z7DA8l
🖥SPREADSHEET SOFTWARE
▪ Sheets → http://geni.us/fFShU
▪ Excel → http://geni.us/BRPBz
🚶FOLLOW ME ON
▪ Instagram → https://www.instagram.com/accountingstuff
▪ TikTok → https://www.tiktok.com/@accounting_stuff
▪ Facebook → https://www.facebook.com/thisisaccountingstuff/
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
Join 10,000+ professionals who enrolled in the Controller Academy 🚀
https://controller-academy.com/courses/controller-academy
[coupon 30OFFCOURSE for 30% discou...
Join 10,000+ professionals who enrolled in the Controller Academy 🚀
https://controller-academy.com/courses/controller-academy
[coupon 30OFFCOURSE for 30% discount]
Or
Get my Controller bundle, which includes the Controller Academy
https://controller-academy.com/bundles/total-controller-access
[coupon 30OFFCOURSE for 30% discount]
How to record a journal entry in a way that's easy to remember. I will walk you 3 steps to record any business transaction.
Free Download of My Balance Sheet Metrics Cheat Sheet:
https://thefincontroller.com/p/the-fin-controller-1
Hang Out with me on social media:
JOIN MY FACEBOOK GROUP HERE:
🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666
FOLLOW ME ON INSTAGRAM:
📸 https://www.instagram.com/the_financial_controller/
Join 10,000+ professionals who enrolled in the Controller Academy 🚀
https://controller-academy.com/courses/controller-academy
[coupon 30OFFCOURSE for 30% discount]
Or
Get my Controller bundle, which includes the Controller Academy
https://controller-academy.com/bundles/total-controller-access
[coupon 30OFFCOURSE for 30% discount]
How to record a journal entry in a way that's easy to remember. I will walk you 3 steps to record any business transaction.
Free Download of My Balance Sheet Metrics Cheat Sheet:
https://thefincontroller.com/p/the-fin-controller-1
Hang Out with me on social media:
JOIN MY FACEBOOK GROUP HERE:
🙋🏼♂️https://www.facebook.com/groups/780732429036886/?source_id=101273467885666
FOLLOW ME ON INSTAGRAM:
📸 https://www.instagram.com/the_financial_controller/
Journal Entries | Accounting | Rules of Debit and Credit.
videos ko like or share krna mt bhulna dosto.
#Rajatarorafam ❤
microeconomics new playlist
https:...
Journal Entries | Accounting | Rules of Debit and Credit.
videos ko like or share krna mt bhulna dosto.
#Rajatarorafam ❤
microeconomics new playlist
https://www.youtube.com/playlist?list=PLv_Jo3K8g_Dpt2sUs91FflYdJmq7ysDeZ
Business studies playlist
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DrWMjViZzXi5qN0OUaPpyWS
Economics playlist (last year)
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqwyZevNdw9dvFYQc2VlwD0
Accounts latest playlist (2020-2021)
Accounts 11 (2020-2021): https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqZ3r4Wab6eSmPiV3CP6RmJ
Accounts ( previous year )
https://www.youtube.com/playlist?list=PLv_Jo3K8g_Dp3X2kdm-UCAjCoxQbgCymi
Must check playlist for all other videos. ❣️
Like, share or subscribe krna mt bhulna..!!!
For notes and important questions join our telegram channel :
Telegram : Rajat Arora - divine classes
(in case of link failure just search by name)
https://t.me/rajataroraclasses
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Facebook : Rajat arora
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Twitter : Rajatarora16166
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Telegram : Rajat arora - divine classes
Tik tok : Rajataroraforyou.
Thanks for all your love n support.
For any other details email - [email protected]
Journal Entries | Accounting | Rules of Debit and Credit.
videos ko like or share krna mt bhulna dosto.
#Rajatarorafam ❤
microeconomics new playlist
https://www.youtube.com/playlist?list=PLv_Jo3K8g_Dpt2sUs91FflYdJmq7ysDeZ
Business studies playlist
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DrWMjViZzXi5qN0OUaPpyWS
Economics playlist (last year)
https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqwyZevNdw9dvFYQc2VlwD0
Accounts latest playlist (2020-2021)
Accounts 11 (2020-2021): https://www.youtube.com/playlist?list=PLv_Jo3K8g_DqZ3r4Wab6eSmPiV3CP6RmJ
Accounts ( previous year )
https://www.youtube.com/playlist?list=PLv_Jo3K8g_Dp3X2kdm-UCAjCoxQbgCymi
Must check playlist for all other videos. ❣️
Like, share or subscribe krna mt bhulna..!!!
For notes and important questions join our telegram channel :
Telegram : Rajat Arora - divine classes
(in case of link failure just search by name)
https://t.me/rajataroraclasses
Connect with me on all other social media networks
Facebook : Rajat arora
Instagram : Rajat_aroraofficial
Twitter : Rajatarora16166
Snapchat : Rajat_arora1616
Telegram : Rajat arora - divine classes
Tik tok : Rajataroraforyou.
Thanks for all your love n support.
For any other details email - [email protected]
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos ...
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
In this video I have explained how to pass basic journal entries like
1. Paid Rent
2. Paid Salary
3. Drawings Entry
4. Income Tax paid
5. Commission Paid
6. D...
In this video I have explained how to pass basic journal entries like
1. Paid Rent
2. Paid Salary
3. Drawings Entry
4. Income Tax paid
5. Commission Paid
6. Depreciation
and many more..
After watching this video you will be able to pass Journal Entries with no hassle at all.
#1 How to Pass Journal Entries
https://youtu.be/NP99QtgkiOQ
#2 HARD Journal Entries
https://youtu.be/cMnMmLN_dYc
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
#JournalEntry #Accounting #Class11
In this video I have explained how to pass basic journal entries like
1. Paid Rent
2. Paid Salary
3. Drawings Entry
4. Income Tax paid
5. Commission Paid
6. Depreciation
and many more..
After watching this video you will be able to pass Journal Entries with no hassle at all.
#1 How to Pass Journal Entries
https://youtu.be/NP99QtgkiOQ
#2 HARD Journal Entries
https://youtu.be/cMnMmLN_dYc
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
#JournalEntry #Accounting #Class11
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos ...
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
In this video we are discussing about :
Journal Entries | Class 11 | Accountancy
Subscribe Our Channels –
Rajat Arora : https://youtube.com/channel/UCE_uu-Bp...
In this video we are discussing about :
Journal Entries | Class 11 | Accountancy
Subscribe Our Channels –
Rajat Arora : https://youtube.com/channel/UCE_uu-BpfKPx8a-sjwBy-rA
Rajat Arora Talks : https://youtube.com/channel/UC6lOgE4KKD1QFjEfuVO78EQ
Rajat Arora Shorts : https://youtube.com/channel/UCV1cGf_6PmRbJkHdx2To9OA
Link to Purchase our Class 12th Business Studies Book : https://amzn.to/3Q7WF08
Link to Purchase our Class 11th Business Studies Book : https://amzn.to/3oUamDz
Links of Social Media Handles :
Instagram – https://instagram.com/rajat_aroraofficial?igshid=YmMyMTA2M2Y=
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Twitter – https://twitter.com/rajatarora16166?s=09
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Snapchat – https://www.snapchat.com/add/rajat_arora1616
Mail – [email protected]
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Class 12th Telegram Channel : https://t.me/rajatarora12
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For IOS Users – https://apps.apple.com/in/app/classplus/id1324522260 [ Organisation code :- NRQUG ]
For Admission Related Queries Call : 011 4084 8482
For Business Related Queries Call : +91 98548-88878
Official Address : 8/1087, divine classes , Jain Bagh.
Saharanpur- 247001 ( Uttar Pradesh )
We will make sure to let you learn everything and help you rock your subjects...!
Following the passion of teaching from last many years and with the aim of promoting education and providing good quality lectures we are here to help you in every possible way.
Much love :)
Rajat arora :)
#rajatarora #commerce #class11
In this video we are discussing about :
Journal Entries | Class 11 | Accountancy
Subscribe Our Channels –
Rajat Arora : https://youtube.com/channel/UCE_uu-BpfKPx8a-sjwBy-rA
Rajat Arora Talks : https://youtube.com/channel/UC6lOgE4KKD1QFjEfuVO78EQ
Rajat Arora Shorts : https://youtube.com/channel/UCV1cGf_6PmRbJkHdx2To9OA
Link to Purchase our Class 12th Business Studies Book : https://amzn.to/3Q7WF08
Link to Purchase our Class 11th Business Studies Book : https://amzn.to/3oUamDz
Links of Social Media Handles :
Instagram – https://instagram.com/rajat_aroraofficial?igshid=YmMyMTA2M2Y=
Facebook – https://www.facebook.com/rajat.arora.568089
Twitter – https://twitter.com/rajatarora16166?s=09
Linkedin – https://www.linkedin.com/in/rajat-arora-8a27a7210
Snapchat – https://www.snapchat.com/add/rajat_arora1616
Mail – [email protected]
Class 11th Telegram Channel : https://t.me/rajataroraclasses
Class 12th Telegram Channel : https://t.me/rajatarora12
Download DeeCee Application :
For Android Users – https://eduthor.page.link/gvFA
For IOS Users – https://apps.apple.com/in/app/classplus/id1324522260 [ Organisation code :- NRQUG ]
For Admission Related Queries Call : 011 4084 8482
For Business Related Queries Call : +91 98548-88878
Official Address : 8/1087, divine classes , Jain Bagh.
Saharanpur- 247001 ( Uttar Pradesh )
We will make sure to let you learn everything and help you rock your subjects...!
Following the passion of teaching from last many years and with the aim of promoting education and providing good quality lectures we are here to help you in every possible way.
Much love :)
Rajat arora :)
#rajatarora #commerce #class11
In this video I have explained all the concepts and logic behind How to Pass the Journal Entries and solved a practical example with DEALER technique.
⏱TIMESTA...
In this video I have explained all the concepts and logic behind How to Pass the Journal Entries and solved a practical example with DEALER technique.
⏱TIMESTAMPS
0:00 - Intro
0:12 - Concept & Format
4:10 - Modern Classification of Accounts - DEALER
15:32 - Rules of Debit & Credit
20:56 - Practical Solved Example
After watching this video you will be able to pass Journal Entries with no hassle at all.
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
#2 Basic Journal Entries
https://youtu.be/x9orHhVTo-E
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
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#JournalEntry #Accounting #Class11
In this video I have explained all the concepts and logic behind How to Pass the Journal Entries and solved a practical example with DEALER technique.
⏱TIMESTAMPS
0:00 - Intro
0:12 - Concept & Format
4:10 - Modern Classification of Accounts - DEALER
15:32 - Rules of Debit & Credit
20:56 - Practical Solved Example
After watching this video you will be able to pass Journal Entries with no hassle at all.
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
#2 Basic Journal Entries
https://youtu.be/x9orHhVTo-E
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
#JournalEntry #Accounting #Class11
🆓Journal Entry Free Quiz → https://accountingstuff.com/blog/journal-entry-quiz
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Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies
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⏱️TIMESTAMPS
00:00 - Intro
01:15 - Why do we Record Transactions?
02:15 - What are Journal Entries?
02:26 - What does a Journal Entry look like?
03:51 - Manual vs Automatic Journal Entries
04:20 - Journal Entry Example
05:47 - Recap
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How to record a journal entry in a way that's easy to remember. I will walk you 3 steps to record any business transaction.
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Journal Entries | Accounting | Rules of Debit and Credit.
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In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
In this video I have explained how to pass basic journal entries like
1. Paid Rent
2. Paid Salary
3. Drawings Entry
4. Income Tax paid
5. Commission Paid
6. Depreciation
and many more..
After watching this video you will be able to pass Journal Entries with no hassle at all.
#1 How to Pass Journal Entries
https://youtu.be/NP99QtgkiOQ
#2 HARD Journal Entries
https://youtu.be/cMnMmLN_dYc
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
#JournalEntry #Accounting #Class11
Go to: http://www.accountingworkbook.com/ to download the problems.
If you'd like to become a member an gain access to over 100 "Members Only" tutorial videos found on http://www.accountingworkbook.com/ - click the join button or click this link: https://www.youtube.com/channel/UCNFClg6mzfZ5ixpuH9c7f1A/join
In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
In this video we are discussing about :
Journal Entries | Class 11 | Accountancy
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In this video I have explained all the concepts and logic behind How to Pass the Journal Entries and solved a practical example with DEALER technique.
⏱TIMESTAMPS
0:00 - Intro
0:12 - Concept & Format
4:10 - Modern Classification of Accounts - DEALER
15:32 - Rules of Debit & Credit
20:56 - Practical Solved Example
After watching this video you will be able to pass Journal Entries with no hassle at all.
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
#2 Basic Journal Entries
https://youtu.be/x9orHhVTo-E
Introduction to Accounting - Basics Concepts
https://youtu.be/xWKfKCnQqAE
Bank Reconciliation Statement
https://youtu.be/_RfayQTf5zU
Clear your doubts by direct messaging us on Instagram
https://www.instagram.com/sahebacademy/
Please Like, Subscribe and Share this video on your social media account.
#JournalEntry #Accounting #Class11
A journal entry, in accounting, is a logging of transaction into accounting journal items. The journal entry can consist of several recordings, each of which is either a debit
or a credit. The total of the debits must equal the total of the credits or the journal entry is
said to be "unbalanced". Journal entries can record unique items or recurring items such as depreciation or bond amortization. In accounting software, journal entries are usually entered using a separate module from accounts payable, which typically has its own subledger that indirectly affects the general ledger. As a result, journal
entries directly change the account balances on the general ledger.
Recording a journal entry
Some data commonly included in journal entries are: Journal entry number; batch number; type (recurring vs. nonrecurring); amount of
money, name, auto-reversing; date; accounting period; and description. The accounts to be credited are indented. Typically, accounting software imposes strict limits on the number of characters in the description; a limit of about 30 characters is not uncommon. This allows all the data for a particular transaction in a journal entry to be displayed on one row.
I saw (at least I think I saw) your new boyfriend He seems like a jerk He only said a word or two But I think I saw a smirk on his face When I stopped by your place To say goodbye And now I really don't know why I bothered 'Cause I'm no good for you Or maybe nobody's good enough for me My friends (each time I see my friends) still remind me Whether I like it or not Of all the stupid things you do As if I have forgotten your ways And your passionate plays You gave me everything I think it was the wedding ring that scared me I hope (it is my fondest hope) maybe some day We will talk again And all will be forgiven And we will both be friends and we'll laugh At mistakes in the past 'Cause we will know
Looking at old photos of her and them on the video screens, her journal entry read, “survivor,” the last one standing in this ... These songs aren’t just Madonna’s journal entries, they’re ours too.
Over a descending hook riff, Sheeran sings journal entry-like lyrics of “I picture year a little bit different when it hit February / I step in the bar it hit me so hard / how can it be this heavy? / ...