Sir please continue posting this type of videos, u are bringing lights into everyone's life .. your videos are really helpful for cracking interviews easily
Hello@corporatewala, Ankit First of all, A big big thank you for your content and your hardwork...!!! Its been a year now, I have watched your every video even Now I can tell about the videos (How many journals you have discussed) by looking your thumbnail 😂. Your videos help me alot, So Thank you and keep doing it... If you are reading my comment, just one suggestion, Could you please make a separate video on Intercompany accounting and more examples in journals.
Hi Nikhil 😊 thank you so much for your support, sure I will take this feedback in consideration and will make videos on intercompany and also cover more advanced journal entries
Debit: Accumulated Depreciation (if accumulated depreciation is not fully depreciated) Debit: Loss on Sale of Truck (if there's a loss)Credit: Truck (to remove the truck's carrying amount from the books)Credit: Cash (or Accounts Receivable)
the formula for BV = cost - acc. dep But you already mentioned Book value for the Truck = 200,000 So i think the correct answer should be :- Cash Acc Dr 150,000 Loss on sale on truck Acc. Dr. 50,000 To sales 200,000
Thank you, glad to hear this, now I make videos in English, it's just it was already recorded so I had to upload it in hindi, but stay connected I will try to come up with a English version of this video as well😊
Sir my dojbt is for yhird question you said the answer prepaid rent acc dr To bank acciunt ,bank account dr to prepaid rent acc means first entry is for using the rent for kne month then the next entry is reversing please explain in detail iam confusing sir
Thank you so much for such videos. It really appreciated. One request from my side is please try to make videos in English so that it will help people from all part of India. Thanks again🙏😊
Yes brother I make my recent videos in English so everyone can benefit from it, it's just this video was already recorded so I thought I should share it so at least few people can benefit from it
Kind of yes, Prepaid we use when we have made the advance payment and deferred we use generally when we have received the advance revenue and we are carrying it forward.
Hi...I have a question regarding your last question. If we booked Rs. 2,000/- then what about the residual exp.of rs. 8000/-. Shouldn't it be booked in prepaid expenses
In second question i couldn't find any difference if we pass the journal entry it would be the same anyhow i mean there's no any relevant to accrual particularly in the question!
shubhamyadav0409@ybl pls pay on this UPI id and then send the screenshot of sucessful payment on corporatewala2.0@gmail.com. I will share the ebook via email ✉️
Sir mene fake experience dala hi 2 yrs ka resume me muje RTR AP kay bare me sab kuch sikhna hai jisey may sare questions aur Jo t codes aur o sab Jo kaam karte hai kya problem hoti hai genuine work experience candidate lagna chiye to muje kya karna hoga kaha say start Karu kuch samj me nahi arah hi mene interview diye hai but failed hel me pls
1. Prepaid adv exp A/c Dr 60000 To Bank A/ c 60000 At each month end 5000 will be transferred to advt exp (ie., 60000/12= 5000) Advt exp A/c. Dr 5000 To Prepaid adv exp. 5000
Please guide how i can join your community post. I am looking for account receivable job and have not been able to get job. My work exp is more than 25 years. I need your guidance. Please guide.
@@CorporateWala In this video you have mentioned that if any one get to know about walk in interview drive, then they should inform you so that you can post it on community post so that others also get the benefit. My work exp is twenty five years and I am not getting job unfortunately 🙏
Starting of the year Deff financing cost ac dr 10000 To bank ac 10000 End of the year Amortization exp 2000 To deff financing cost 2000 Am I right or wrong?
@@CorporateWala hi i am an recent mba graduate and i want to work in finance department in reputed company but i don't get any exposure because of not having experience so pls tell me how can i start my journey to enter in corporate or which type of job would better for me as a fresher
For prepaid rent advance entry for 6 months Initial entry will be Prepaid rent a/c Dr To Bank a/c cr Next for 6 months entry will follow like this Rent a/c Dr To Prepaid rent a/c Up to June right naa pls confirm because u said Bank a/c Dr To prepaid rent a/c Pls confirm kindly
1. Prepaid advt expenses ac dr To bank Advt expense ac dr Prepaid advt exp. 2. Accrued income ac dr To income Bank ac dr To Accrued income 3. Prepaid rent ac dr To bank Rent ac dr To prepaid rent ac 4. Bank loan (int)ac dr To outstanding interest loan ac Outstanding int loan dr To bank 5 Bank ac dr 150000 ACC dep ac dr 100000 To gain on sale 50000 To sale of fixed assets 200000 6. Bank ac dr 80000 ACC dep ac dr 100000 Loss on sale ac dr 20000 To sale on fixed assets 200000 7. Customer ac dr 800000 To sales 800000 Bank ac dr 820000 To gain on exchange 20000 To customer 800000 8. Salary and wages ac dr To Accrued salary or wages Or Salary and wages ac dr To O/S salary or wages 9. Amortization exp ac dr 2000 To deferred financing cost 2000
Hi ! I am commerce graduate having 5 yrs experience in Accounts, finance and taxation, I want to make my career in Salesforce. Could you please guide me how a finance professional can make career in salesforce, the courses, job profile for which I should apply and everything from the scratch. Waiting for your response. thanks in advance🙂
I don't have expertise on Salesforce so won't be able to guide you there ....feel free to ask me any doubts if you have related to accounting and finance
aap quetion padhane me time dete ho 10 minute or answer jo ki most important part hai aap use 10second me bta kar aage nikal jate hai aisa lagta jaise apko kisi ne ye sab kuch radymade likh kar de diya hai or aap bas usse padh kar aage nikal jate hai koi concept hi nahi hai aapke pass kya hua kaise hua kuch bhi nahi...
ye edited version hain 2 hrs ki video ko under 20 min kiya hain, detailed version dekhna hain to Live section main jao wha aa rahi hain 2 hrs ki video usme detail main samjhaya hain pura. hopefully detailed video dekh ke concept samajh aa jayga
Now I make video in English, it's just it was already recorded way back and I thought it might help someone in getting clarity on various important journal entries that's why I uploaded it....stay tuned soon I will make a English version of this video and explain these concepts...so people who don't understand Hindi can also benefit from it
Strt of month Prepaid adv exp ac dr. 60000 To bank ac. 60000 End of the month Adv exp ac dr. 5000 To prepaid exp ac. 5000 And also next strt of the month Prepaid adv exp ac dr. 55000 To bank ac. 55000 And at the end of the month Adv exp ac dr. 5000 To prepaid exp ac. 5000 Is it correct or not
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Thank you very much for valuable content😇
Thank you ☺️ for super thanks 🤩, glad my videos are helpful
Sir please continue posting this type of videos, u are bringing lights into everyone's life .. your videos are really helpful for cracking interviews easily
1. Dr advance advertising expanse
Cr bank
2. 1:13
Brother aapki videos dekh k bahut kuch seekhne ko milta h. Keep doing that. 👍🏻
Glad to hear this ❣️ keep learning 🙂
You are help Unconditionally to job seakers people with good content❤
Thank you Vivek 😇
Hello@corporatewala, Ankit
First of all, A big big thank you for your content and your hardwork...!!!
Its been a year now, I have watched your every video even Now I can tell about the videos (How many journals you have discussed) by looking your thumbnail 😂.
Your videos help me alot, So Thank you and keep doing it...
If you are reading my comment, just one suggestion, Could you please make a separate video on Intercompany accounting and more examples in journals.
Hi Nikhil 😊 thank you so much for your support, sure I will take this feedback in consideration and will make videos on intercompany and also cover more advanced journal entries
@@CorporateWala Great, As we expect from you...!!!
Thank you for your consideration and efforts 👍 I wish more success to you
Bank ac dr. 150000
Accumulated depreciation 100000
To Profit on sale 50000
To sales200000
Good job 👏
Bohot Acha laga session I m able to confidence towards entries ab accounting ko Lekar Jo darr tha kum ho rha h mera ❤
Glad to hear this 🥰
Debit: Accumulated Depreciation (if accumulated depreciation is not fully depreciated) Debit: Loss on Sale of Truck (if there's a loss)Credit: Truck (to remove the truck's carrying amount from the books)Credit: Cash (or Accounts Receivable)
Doing a great job, and helped a lot of people
Thank you 😇
the formula for BV = cost - acc. dep
But you already mentioned Book value for the Truck = 200,000
So i think the correct answer should be :-
Cash Acc Dr 150,000
Loss on sale on truck Acc. Dr. 50,000
To sales 200,000
Bro all your videos are very helpful. Please make videos on English so every one can understand.
YESS AGREE 👍
Thank you, glad to hear this, now I make videos in English, it's just it was already recorded so I had to upload it in hindi, but stay connected I will try to come up with a English version of this video as well😊
Hi Nishad
The questions were awesome, please make more videos like this one
Thanks, sure will do stay connected
Question- hme interest received hua h bt hmne usko book m mentioned nhi kiya h to at the time of bank reconciliation what journal entry made?
Nirmal entry Jo hum interest receive karne ki karte Hain wo he karni h , try yourself, if you will not able to answer I will tell you correct answer
@@CorporateWala then plz tell me.. It is the interview questions which is asked by the genpact..
Actually M bht try kr rhi hu. Bt mere khi job nhi lg rhi. R2R ki profile k lie. Pta nhi kha kmi rh rhi h kuch smz nhi aara😞😞
Sir my dojbt is for yhird question you said the answer prepaid rent acc dr To bank acciunt ,bank account dr to prepaid rent acc means first entry is for using the rent for kne month then the next entry is reversing please explain in detail iam confusing sir
It will be helpful if you explain in English
My recent videos are in English
BR THANKS FOR MAKING THIS KIND OF VIDEOS... ITS REALLY HELPFUL
Ur welcome 😇
Hello Ankit
First of all Thanks for making this video.
I have doubt in last question of journal entry, why do you use amortization in this entry?
Very knowledgeable video
Thank you! 😊 I'm glad you found it helpful. Stay tuned for more insights!
Dear Sir, Kindly show the journal entries for the cases
I have multiple videos on my channel pls check them out
Sir kindly assist me you are giving advance not booked tex invoice after that entry in book advance account debit to bank
didn't understood your question
Would be great if u have added a image of answer
thank you for feedback, I will consider it for future videos
accumulated depreciation is a liability. so how it will debit here please explain
Hey their how can i order your book corporate vala for journal entries
Hi pls visit corporatewala.in from their you can get it
Thank you so much for such videos. It really appreciated. One request from my side is please try to make videos in English so that it will help people from all part of India. Thanks again🙏😊
Yes brother I make my recent videos in English so everyone can benefit from it, it's just this video was already recorded so I thought I should share it so at least few people can benefit from it
Deferred revenue exp Dr 60k$
To Bank ac 60k$
In APR month
Advertisement exp 5k
To defferd ravanuue exp 5k
P&l 5k
To advertisement exp 5k
Hello, I already made payment for r2r 3 days video course but did not receive any class till now. Please help
Hi pls send an email on corporatewala2.0@gmail.com i will check and give you access by tomorrow morning
Prepaid or deferred revenue expenditure ek hi h?
Kind of yes, Prepaid we use when we have made the advance payment and deferred we use generally when we have received the advance revenue and we are carrying it forward.
Thanks alot sir it's very helpful ❤
Your welcome 🤗
Hai sir, could you please post the answer also, It will be more understandable to all
Hi...I have a question regarding your last question. If we booked Rs. 2,000/- then what about the residual exp.of rs. 8000/-. Shouldn't it be booked in prepaid expenses
Hello can you make series of videos for hard journal entries?
not able to payment… showing transaction failed again and again
send and email on corporatewala2.0@gmail.com and will try to resolve your issue.
purchase done thank you
Credit sales m bhi pese baad m milte or service phle dedete h
Or accrued revenue m bhi
To inme kya difference h please clear
🙂
@@CorporateWala difference ni btaya aapne sir
Bank ac dr. 80000
Accumulated depreciation 100000
Loss on sale 20000
To sales 200000
Well done 👍✅
In second question i couldn't find any difference if we pass the journal entry it would be the same anyhow i mean there's no any relevant to accrual particularly in the question!
Bro i am not able to make payment for 3 days r2R course
shubhamyadav0409@ybl pls UPI on this and send the payment screenshot to corporatewala2.0@gmail.com. I will give you the access
Sir why bank account is debited in accumlated depreciation
Which entry you are referring 🤔 please tell the question no ?
@@CorporateWala accumulated related first question you have jnky two mentioned in that first one
Thank You Ankit ..
Your welcome 🤗
Corporate wala Pays $1,20,000 in rent for the next six months in advance in January. Iss ki Samajh nahi Aayi plzzz ker ke Dekhao..
Bro I wan this book but payment is denied by your end can you help me this
shubhamyadav0409@ybl
pls pay on this UPI id and then send the screenshot of sucessful payment on corporatewala2.0@gmail.com. I will share the ebook via email ✉️
Sir mene fake experience dala hi 2 yrs ka resume me muje RTR AP kay bare me sab kuch sikhna hai jisey may sare questions aur Jo t codes aur o sab Jo kaam karte hai kya problem hoti hai genuine work experience candidate lagna chiye to muje kya karna hoga kaha say start Karu kuch samj me nahi arah hi mene interview diye hai but failed hel me pls
1. Prepaid adv exp A/c Dr 60000
To Bank A/ c 60000
At each month end 5000 will be transferred to advt exp (ie., 60000/12= 5000)
Advt exp A/c. Dr 5000
To Prepaid adv exp. 5000
Customer A/c Dr 8,00,000
To Sales A/c. 8,00,000.
At the time of Incoming payment
Bank A/c Dr 8,20,000
To customer A/c 8,00,000
To FX Gain A/c 20,000
please make more videos with new and tricky questions related to journal entries
Yes Rohit I will be making more such videos stay connected
Thank you for this 🙌
Your welcome Mony
Thank u so much sir
Most welcome
Please guide how i can join your community post.
I am looking for account receivable job and have not been able to get job. My work exp is more than 25 years. I need your guidance. Please guide.
Not sure what you mean by community post, could you pls elaborate? You mean 2.5 or 25 years ?
@@CorporateWala In this video you have mentioned that if any one get to know about walk in interview drive, then they should inform you so that you can post it on community post so that others also get the benefit.
My work exp is twenty five years and I am not getting job unfortunately 🙏
do you need job in noida?@@mandeepsahota1657
Very nice ❤
❤️❤️
You are doing excelent job, but kindky show journel enteries also
Pls check out the Journal Entry Playlist, thanks!
Sir whigh role are u currently working ,and how much experience do you have ,in which company ??
Assistant Manager, 10+ years of experience in Accounting & Finance
Can we write the entry for accryed expenses like accrvrd expenses dr TO salry wages acc CR
No entry will be Salary and Wagas AC Dr to Accrued or Outstanding expenses
@@CorporateWala why we don't mention directly accured expenses drbecause salary wages are expenses so we can't need explanation sir
Prepaid ad Expense A/c, To Cash/Bank A/c first
😇
Account payable ke interview questions answer kaise Karna hai please help me sir
Pls check p2p playlist on my channel
Starting of the year
Deff financing cost ac dr 10000
To bank ac 10000
End of the year
Amortization exp 2000
To deff financing cost 2000
Am I right or wrong?
Yes Prateek 😄
Sir, please reply. When will i get the class. I have already made the payment for the class. I also sent an email on mentioned email id
I am at office will give you access tomorrow morning
Need to show the je sol that we can able to learn
yes based on feedback i have shown sol as well in my recent videos, check out Journal entry playlist on my channel
Sir could you please write answers as well.. it would be greafull.. we are unable to see answers in your ppt..
Keep on watching the video till the end after 1 or 2 Questions I have also shared the answers of them
Sir please tell me how I can I get refreal from you for genpact gurgaon.
Barkha stay connected I am going to post the video in coming one or two days
@@CorporateWala hi i am an recent mba graduate and i want to work in finance department in reputed company but i don't get any exposure because of not having experience so pls tell me how can i start my journey to enter in corporate or which type of job would better for me as a fresher
sir i am 40 years old can i get a accounts job as a fresher in a corporate company,plz help
Yes but you must have some kind of experience right? Why you are applying as fresher ?
can arts student learn sap fico?
Yes if can
@@CorporateWala would it crate any problem while applying for job because of degree?
I cleared interview R2R in Accenture but assessment not cleared that is turf to me
Can you pls help me with some samples of interview ques asked??
Nice dear
Thanks 🙂
I have zoom Id for account Payable interview In genpect. For mega interview or exp. and fresher Also Can Apply this is Only for 6 sep. 2023
I was busy in month end just saw your comment now, next time if you receive any opportunity email like this, pls forward on corporatewala2.0@gmail.com
Bro mera kpmg mei interview hai pls help me
In which profile?
Bhayia book kaa pdf thoda send kijiye naa please
Pdf books meri website se le sakte ho Corporatewala.in
Bro P2P role unde valu okasri nanu contact avandi bro
I only know English and hindi, pls ask your doubt in these languages so i can help
@@CorporateWala any one P2P role work in job please help me.. any P2P process pdf send me
I applied recently Accenture P2P role please help me bro
Helo bro Please guide me P2P role in Accenture interview preparations me
Please help me bro🙏
Very Nice Brother.. Keep it up 👆 👆 .
Thank you 👍😊
For prepaid rent advance entry for 6 months
Initial entry will be
Prepaid rent a/c Dr
To Bank a/c cr
Next for 6 months entry will follow like this
Rent a/c Dr
To Prepaid rent a/c
Up to June right naa pls confirm because u said
Bank a/c Dr
To prepaid rent a/c
Pls confirm kindly
Expenses a/ c dr.
To outstanding expenses
💯
Sir your are awesome
Can you please explain in English. It's will useful for who doesn't know hindhi
I have stared using english in my recent videos, pls check them and ask in comments if still any issues
Thank you
Prepaid Expense A/C Dr.
To Bank Or Cash A/C
Then After 28 days entry
Expense A/c Dr.
To Prepaid Expense A/C
Could you answer the first one in the comment because it will help us...
R2R interview preparation 3 days course --if purchased ,will only have access for 3 days or lifetime
Lifetime access, by 3 days I meant it is recording of the session I conducted over the 3 days
1. Prepaid advt expenses ac dr
To bank
Advt expense ac dr
Prepaid advt exp.
2. Accrued income ac dr
To income
Bank ac dr
To Accrued income
3. Prepaid rent ac dr
To bank
Rent ac dr
To prepaid rent ac
4. Bank loan (int)ac dr
To outstanding interest loan ac
Outstanding int loan dr
To bank
5 Bank ac dr 150000
ACC dep ac dr 100000
To gain on sale 50000
To sale of fixed assets 200000
6. Bank ac dr 80000
ACC dep ac dr 100000
Loss on sale ac dr 20000
To sale on fixed assets 200000
7. Customer ac dr 800000
To sales 800000
Bank ac dr 820000
To gain on exchange 20000
To customer 800000
8. Salary and wages ac dr
To Accrued salary or wages
Or
Salary and wages ac dr
To O/S salary or wages
9. Amortization exp ac dr 2000
To deferred financing cost 2000
Well done ✅✅✅ please make sure to cross check your answers from the answers I have shared in video 🙂❣️
Accrued Income A/C Dr and sales A/C CR in 2nd entry
Rent received in advance 10000 in june for july month. Pls make journal entry of those 2 month entry...
Bhai ye prepaid ki entry ni smjh aai bs baaki sab clear h
Hi ! I am commerce graduate having 5 yrs experience in Accounts, finance and taxation, I want to make my career in Salesforce. Could you please guide me how a finance professional can make career in salesforce, the courses, job profile for which I should apply and everything from the scratch. Waiting for your response. thanks in advance🙂
I don't have expertise on Salesforce so won't be able to guide you there ....feel free to ask me any doubts if you have related to accounting and finance
Make video in English bro, so that every one can understand.
my recent videos are in English, you can watch them :)
aap quetion padhane me time dete ho 10 minute or answer jo ki most important part hai aap use 10second me bta kar aage nikal jate hai
aisa lagta jaise apko kisi ne ye sab kuch radymade likh kar de diya hai or aap bas usse padh kar aage nikal jate hai koi concept hi nahi hai aapke pass kya hua kaise hua kuch bhi nahi...
ye edited version hain 2 hrs ki video ko under 20 min kiya hain, detailed version dekhna hain to Live section main jao wha aa rahi hain 2 hrs ki video usme detail main samjhaya hain pura. hopefully detailed video dekh ke concept samajh aa jayga
2.
i) Dec entry :-
A/c Receivable Dr 5000
To Revenue 5000
ii) Jan Entry:-
Bank A/c Dr 5000
To A/c Receivable 5000
Pls do videos in English. btw useful content👍
Yes now I do videos in English, it's just it was already recorded in Hindi so I just shared it so at least few people will benefit from this
i always dont get selected jst becouse J/E questions..
then work hard on it and hopefully next time you will crack the interview 😇✌
Question to level k hai but journal entry to dikhao pass krke sidhe aage bdte jaare ho aap
Go to live section on my channel, waha pe detailed main Hain same video usme dikhaya hain
Hello sir
Hi
Advertising $5k. Dr.
Deferred rev. Exp. $55k. Dr.
To bank A/c. $60k
Please clear is it right or wrong?
🙂
Please speak in english i dont know hindi i know telugu, tamil, kannada, english
Check out recent videos for English
Bilkul bhe clear nhi huaa eak he answer repeat kar rha h
sir no use in hindi explanation for job seekers
Now I make video in English, it's just it was already recorded way back and I thought it might help someone in getting clarity on various important journal entries that's why I uploaded it....stay tuned soon I will make a English version of this video and explain these concepts...so people who don't understand Hindi can also benefit from it
thank you sir@@CorporateWala
Plss bhaii give me book for free iam poor cant afford
Strt of month
Prepaid adv exp ac dr. 60000
To bank ac. 60000
End of the month
Adv exp ac dr. 5000
To prepaid exp ac. 5000
And also next strt of the month
Prepaid adv exp ac dr. 55000
To bank ac. 55000
And at the end of the month
Adv exp ac dr. 5000
To prepaid exp ac. 5000
Is it correct or not
kuch v samajh nahi aaya
Commerce background se ho ?