Introduction to accounting | Journal | Ledger | Trial balance | Solved Problem | by kauserwise
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- Опубликовано: 14 ноя 2014
- Here is the video about Introduction to accounting, Everything explained in simple manner along with numerical problem.
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kauserwise®
What is journal and how to pass journal entries. What is Ledger and how to post ledger, What is Trial balance and how to do trial balance in accounting, What is debit and what is credit.
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Link for ►LATEST Journal Ledger & Trial Balance: ruclips.net/video/3kAKQ7f0oRQ/видео.html
Link for ►Rules of debit and credit Golden rules: ruclips.net/video/Yam-QPGaRy0/видео.html
►[1] Subsidiary Book Purchase & purchase return Sales & sales return a/c: ruclips.net/video/iKV5AI3mcMk/видео.html
►[2] Subsidiary Book Bills payable & Bills Receivable: ruclips.net/video/UGUs9Op2ang/видео.html
►TRICK to SOLVE - Trading and Profit & Loss account & Balance Sheet with 14 Adjustments :
ruclips.net/video/LYcgAUKTmYc/видео.html
►[2] Rectification of Errors [Before & After Trial Balance: ruclips.net/video/3bYHy5NZ73k/видео.html
►[1] Rectification of Errors Under Cost and Over Cost: ruclips.net/video/qW5ESnqTRGU/видео.html
►Playlist Financial accounting video collection: ruclips.net/video/Yam-QPGaRy0/видео.html
►Playlist Depreciation in accounting collections: ruclips.net/video/5ku5WbfvHzs/видео.html
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👇List of Subjects and it's Play List👇
►Financial Management
►Financial Accounting
►Corporate Accounting
►Cost and Management Accounting
►Operations Research
►Statistics
Link for ►PlayList - FM [Financial Management video collections] ruclips.net/p/PLabr9RWfBcnqbgOWfUpILqZVX7cTKqVDj
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kauserwise®
Purchased furniture from Ajay and company for 20,000 out of which 15,000 was paid to them by cheque immediately
@@gsushmitha5586 @sushmitha G The journal entry will be:
Purchase A/C Dr. 20,000
To Bank A/C 15,000
To Ajay A/C. 5,000
(Being goods purchased from Ajay partly by Cheque and balance on Credit)
Lanja
@@suryarandy9801 mi amma gara andi LANJA
Excellent
The most important 27 minutes of my life. I don't regret watching this vid... I feel like a professor already. Thank you for thed lecture!! Bless up!
In my BTech , because of you I was able to clear my operation research exam and in MBA I m here again.
Thank you so much mam for your beautifully explained video.
Sounds great, Thank you for your comment. ❤️
One of the best accounting tutorials i have ever had. Thanks you maam , and keep up the good work 👍🏻
U r great mam,u r only one on utube whom makes accounts is very easy for me thanku so much❣️
this teacher is not bored and does her job right so students can actually understand!! Thank you very much for this video. I wish all teachers were like her!!
Thanks
Vijay Dhurve ? He is not talking about you
Procrastinator ll
Procrastinator
Chetneet C ha ha..super comedy..
I'm sure most people are here cz they have exams tomorrow... Just Like me...
I have after 3 hours hhahaha
:D
sadia masaud on RUclips?
sadia masaud well just randomly search according to ur topic that u want to study. That's the best approach to get what u want to learn.
sadia masaud app parh kya rahi hain, I mean ap ka course kya ha. Maybe I can help u...
wow...i am so amazed by your teaching. i always hated accounts because my teacher taught us everything all jumbled up and i never knew they were called those 3 things. i always used to be lost and confused in class that's why i failed. i have to do up a balance sheet and a 3 year cash projectors for my business and send it for my bank and i didn't know where to start. it has been 1 week now, then suddenly i stumbled across your video. i am still shocked by your teaching because you have explained it so perfect that its all cleared in my head....thank you so very very much. i really love your teaching and i appreciated it alot. which you were my teacher back then...lol...much love from Trinidad and Tobago.
Really it's sounds great, thank you for this valuable comments. All the best.
this women is great< i wish i can meet her one day . she helped me a lot.
thank you .
Naz Alsakkaf agreed
Excellent Ma'm. I am a young student of 63 & was refreshing my accounts knowledge. I am a mechanical enginner with MBA in Finance. I am doing a course in Housing Soc. Management & accounts is the area where we non accounts people are weak. Thanks once again.
Great sir.
when my accounatncy tr. teaches me accountancy i get bored nd wont understand anything ....tomorrow i hv accountancy first term exam i studied it withing 30 min ....thnkzz tr. this video is very helpful ...thnkzz a lot
Akbar Hassan same
Fayaz Hassan I feel your pain
Commerce is a compulsory subject for us (sadly) can't WAIT until I can ditch the subject in upper forms. I get very good marks in commerce but it's just so boring and studying it stinks.
Exactly , this teacher is so good
I wish our accounting teacher could teach as clearly like you. Your video has been of great help :)
Thanks From Pakistan....i am student of ACCA i am so confused in lecture of Fa(Finantial Accounting)and after see your video i am very happy now AND i am so amazed by your teaching AGAIN thanks teacher
hello madam. I happened to stumble upon this video when trying to learn on how to make a ledger account and I must say that you're the first accounting teacher that actually made me understand it. I was also a little unsure about Journal entries but you cleared my doubts. I will be having an accounting examination coming up this week and I cant thank you enough because you just saved my life. Im now confident that I will pass my exams. Thanks for taking your time to make and upload thanks video and for saving my future :)
Answer for: what is double entry bookeeping?
Double-entry bookkeeping means, every entry to an account requires a corresponding and opposite entry to a different account. For Example, recording rent paid of Rs. 500 would require making two entries: a debit of Rs. 500 to an account called "Rent" and a credit entry to an account called "Cash"
Rent paid Rs. 500 Entry for this transaction is
Rent a/c Dr 500
To Cash a/c 500
Kauser Wise Thanks a lot. most useful for me..it give me basic idea for customization opener p.
+Kauser Wise good video
I don't know you but pls Sony stop doing what you ar doing you can save someone from a carryover or a failure you know what you ar good at this even the most dumb person must understand thank you and may your reward keep coming from where ever it is coming from
+Kauser Wise - YOU ARE PASSING JOURNAL ENTRIES FOR CASH PAYMENTS. IN PRACTICE NO JOURNAL ENTRY IS PASSED FOR CASH AND BANK TRANSACTIONS AND IT GOES THROUGH CASH BOOK AND BANK BOOK AS RECEIPTS OR PAYMENTS AND FROM THERE IT IS DIRECTLY POSTED TO LEDGER ACCOUNT. THIS IS TRUE IN BOTH USING MANUAL OR SOFTWARE ACCOUNTING. AND IN MANY SOFTWARE PASSING J/V FOR CASH OR BANK IS DISABLED BY DEFAULT. CAN YOU PLEASE EXPLAIN.
+Kappunny Warrier ......if what ur saying is true...could u explain it all over again...loosing marks in examinations isn't something that revolves my mind...so explaining it in a better way would be seriously and genuinely appreciated :-) thanks
I have Exam tommoorow , if you are like me Thumbs up.
suubow Channel I have my exams the day after tomorrow
I I'm somaliland @ East Africa, best youtube accounting chanel so far thanks.. You are '' diamond teacher '' Africa
Thank you so much mam, i have attended the exam one and only because of your teaching. i am so grateful to you.
Hi Francina Augustine , Its sounds good. GREAT.......
hey my name is padou, i'm from africa i very happy for your help because i had same complication with this subjet but thanks to your explication i'm now able to make any journal, ledger and trial balance whitout any complication, thank you so much and continue to help us.
Hi +Padou Bangi, Thanks for your comments, If you have any doubts regarding accounts, you can communicate me in kauserwiseacdiscussions@gmail.com
You explained basic concept of ledger trial balance , in such a easy way thanks a lot
Wow, I have been beating my head around for 4 days to understand the concepts and u mam made me feel nder stand in 15 min....god damn it that was awesome 👍😭
never comment on stuff like this but its 2:30 am and i got an accounting exam at 9 tomorrow and you basically just explained to me everything we have gone thru in the first month of class in 20 some mins lol thank you!
Salvadorianpride11 झाझेदारी
Salvadorianpri
de11
Kamlesh Panday
assalamu alaikum mam quairiath ye bahot achcha hai jo apne aisa video banaya hai bilkul saaf samjhme ara accounts bahoot easy hai samajh me ara hai shukria allah hafiz
i'm a business management student and i found your tutorial to be really easy to understand and very nice. I see that the question is not really the complicated one's like what they usually give you in the exams but nonetheless i still learned a lot by watching your video. thank you again Ms.
OMG THIS IS AMAZING! I SWEAR, YOU HELPED ME ALOT... TOMORROW I HAVE ACCOUTING TEST AND I DID NOT KNOW HOW TO DO LEDGER, WELL, NOW I KNOW! THANKS A LOT!
Kemu xam ama
Hii
lol I think everyone here bcz of their's tomorrow's exam
mahima belani thanks a lot
What 'll be the ledger entry for
Cash a/c.........Dr. 200000
Stock of goods a/c.........Dr 10000
Computer a/c.......Dr. 20000
To capital a/c 2,30,000
All the best for your tomorrow exam
Babitha Goud vgfgft
mam really I understood little bit in journal really I want some more
Thank you @ babitha
Tysm
Today🙁
If i have got more then a like button here.
GREAT JOB MAM WHAT A EXPLANATION I WAS UNABLE TO UNDERSTAND BUT NOW EVERYTHING IS CLEAR 😊😊😊😊😊
good explanation with good teacher thanks
Thank u so much for teaching in very simple way.. May god bless u..
Mam your video are very helpful that too for me... Because whenever I searche for learning accounts doubts all teaching in Hindi 80percent then English... You only clearly teaching in English which helpful like me who don't know other regional language except English.. commonly everyone get use from your videos . You are great madam.
Excellent explaination of the concept by Kausar Wise.
Accounting golden rules:
Real accounts (Balance sheet items) : Debit comes in, credit goes out.
Nominal Accounts (Income statement items): Debit expenses, credit income.
and personal account: Debit the receiver
credit the giver
thank you madam I revised accounts basics
Thank you.
I have exams tomorrow thats why am here today😛
you are explaining very well madam ...Bless u
Mam I really love u like anything I am now MBA students.. Most of the stuff I learned from ur videos when I was in graduation 😘😘
Excellent effort. You have made the principles of accounting so simple to understand. I wish all teachers learn from her.
Really helpful Mam!
I understood much more than my college days! Its been a long time :-)
Thank you for the precise explanation! You're a great teacher....
God bless you!
Your teaching way is nice keep going
thanks to RUclips. .as because of it we r here to aware ,about a wonderful angel as a teacher 😊😊who mke the viewers to love accountancy😊😊😊😊😊😊😊😊 thnks a lot 👌👌
This video is great thank you good Samaritan 😀😀
Praise the LORD for your talents. I appreciate this video. It gave me the information I needed. Thank you 🙏🙏🙏👍👍👍
Bethany Kiuk Glory to GOD
That explained it ALOT better than my teacher phew, thank you
I was freaking out tonight when i was trying to do my accounting homework but you just made my night! thank you :D
same to me, but im still freaking out now
You are doing a wonderful job madam. Even person not familiar with accounts can understand and manintain.
I have Exam tomorrow. and this video helps me a lot. thank you so much Mam, from Ethiopia
I had my coursework about the 3(journal, ledgers and T/B) with trouble classifying these entries but with this video, I am sure of a great A...thank you Kauser Wise.
All the best.
Thank you so much mam... Tomorrow is my accounts exam. This video was really helpful😊❤️
Every lecturer should watch your videos
Thanks 🙏
no words for you........i can only say that you helped me to overcome my problems..thank you so much for this video....
THANKS A LOT! TODAY IS MY EXAM, AFTER FEW HOURS... AND I AM UNPREPARED, THIS VIDEO HELPED ME LEARN SOMETHING! WOO!
Thank you for the help, I wish you were my accounting professor.
Excellent accounting learning video that I ever watched ❤️
Amazing indeed..many thanks from South Sudan for the great job!!
Hi mam thx so much for you pretty clear explanation......why don't u be come my lecture.....i was find many accounting videos but this is yours is outstanding...thx again keep posting more videos about accounting......its really helping me,,,..thank you mum
more thank you for this tutorial video...
from philippines😍
Thanks for u r video about ledger, journal, trail balance...it had helped me a lot ..for exams....
Scored well in operations research only because of your videos and will score well in Financial accounting too..Thank you soo much ma'am...You are an integral part of my Engineering life😄
you are a great teacher!
Mya-Amor Lenin ha
krniii mere naal
Mya-Amor Lenin same to you
hiiiiiii
Thank you very much...you are very thorough and explained the work clearly.....thanks again....all the best
ladyandee Mordecai by
Excellent video class! Well presented and explained. I now have a good idea of recording transactions in general journals, ledgers and compiling a trial balance! Next step is to prepare financial statements: Statement of Profit or loss and other comprehensive income, Statement of Changes in Equity and Statement of Financial Position. Thank you!
You are a good teacher who made me understand things in minutes which would have taken hours. Thank you very much.
Lovely really helpful don't know how to thank you.
Amazing.. neat and to the point discussion..
Explanation of Trial Balance was superb.. Thank you Madam..
Amazing ma'am 🙏🙏
really nice and useful presentation. thank you for such presentation
Mind Blowing!!! Just solved my problem... thank u thank u sooooo sooooo much
Mam, You are a god. It is not often I make any comments. But I felt the need to thank you for your patience in teaching a very basic topic that is considered to be boring to people able to teach them. Thank you so much!!
This is one of the best lectures I've ever listened in my 3 years after getting into commerce stream. I didn't understand any of those basics in my 11th and 12th and had to by heart everything back then due to poor lecturers . But now I'll be able to write my boards well in my degree after listening to this lecture and o dont need to by heart this as I understood the concepts very well Thank you very much mam!
Namashkaram madam,
Loads of thanks for this brilliant work. It's really helping me to recaptualte and anyone can learn the basic in one watch.
Thanks and regards
CLEAR AND SIMPLE EXPLATION. THANK YOU MADAM
You are a great teacher...
Oh my goshhhhh thank youuuu I don't need to review my notes anymore I've learned a lot from you thank youuuuu💓💕
this is amazing i have learnt all to go along with them
this video consist of an excellent explanation of journal,ledger and trial balance
thanks maam for such an easy and understandable explanation...
This is my best tearcher thanks so much
Thank you very much for Kauser wise Mam, she has explained in a detailed, simple and easiest method
Hi mam it is very important topic .I lestean only one time in your video I totally understand about this topic .this credit goes to you only mam . thankyou very much mam.
Nice job and clear tutorial!!!
I just salute you madam. I was a dummy in this but now am an expert , am not scared anymore of accounting exams. Ur have been of so much help. May Allah bless you, n pleeeeeeeeeease keep on posting more videos coz u r my main source now.
Dear Fatima Sis Ultimately Main Source Is Allah Almighty Kausar Ma'm Is Helping Us Without Any Fee So We Have To Remember Her In Our Duas Allah Almighty Has Chosen Ma'm For Our Help Alhamdulillah And Jazakallahu Khairan Wa Ahsanul Jaza Ma'm
U gave such a clear explanation now i m very clear about jornal leger n trial balance...thank uh soo much🥰❤
Great stuff. Excellent teaching. Thanks Madam.
Thank you for your excellent explanation ..
The explanation is easy to understand
This video was very nice all my doubt were clear , thank you so much
Hi, I'm member of IACPA & IACTC in Iran I love this video it's very simple and strong.
Ma'am no words! Thank you so much. Your way of explaining is cristal clear. With a teacher like you the students will come out in flying colours. Thank you once again.
Awesome teaching
your teachings videos literally saved me from semester...i thought i will never pass in the semester before listening to your class, but after listening to your class i couldn't find a reason to think about failing in the semester...
first time watched a accounting video and really clearly understood and didn't got bored...thank u maa'm..
AWESOME EXPLANATION ..!! THANK YOU ..!!
Thank you Jaswanth.
Tomorrow is my exam nd this video helps me a lot to understand the fundamentals of Journal, Ledger and Trial Balance..
Really really thanks ❤️🙏😘
wow i love your teaching. Indeed you are a professional teacher
Excellent teaching.. Simple to understand even for non commerce students
Deivamaey neenga romba nalla erukanum 😍
Nandri
Ledger teaching is very nice🙋🙋🙋🙋🙋🙌🙌🙌🙌🙌💯💯💯💯💯💯💯💯💯💯💯💯💯💯
Thank you so much mam.. Really useful and best among those accounting videos i had seen . Great 👏
Very impressively,madam,you really deserved this gift of a lecture ,be blessed Alot to keep on helping confused students.
tomorrow is my exams thank you mam! :)
this is @Kauser Wise..... nice job.Watching all the way from Kenya.Was preparing for a cat but had no time.but after watching this video was and others you posted i was able to pass.keep up the good work. :)
Kemu xam ama
Very helpful... Explained the whole thing in a simple way... Thank u so much... Hope this will help me in my exam😊
I will understand ur teaching and liked it very much it is easy to understand.
thanks, its very helpfull