FA9 - Journal Entries Explained

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  • Опубликовано: 1 фев 2025

Комментарии • 277

  • @redraven6988
    @redraven6988 3 года назад +218

    @Tony Bell, I learned more in under 20 minutes than 6 hours of my university course. I should be paying you instead. THANK YOU for posting this video. You saved my brain

    • @PunmasterSTP
      @PunmasterSTP 3 года назад +2

      How did your course go?

    • @vivivazpadilla
      @vivivazpadilla Год назад

      I agree!!!

    • @vivivazpadilla
      @vivivazpadilla Год назад +1

      2 weeks trying to understand 2 modules…..nothing…. Came and watch this video and everything makes sense!

    • @mohammadabdullahkhalil5486
      @mohammadabdullahkhalil5486 Год назад +2

      Do u know any youtubers for a second year finAcc course

    • @happyhempress6991
      @happyhempress6991 11 месяцев назад

      Seriously this helped me soooo much!!!

  • @confusedcaveman5678
    @confusedcaveman5678 5 лет назад +256

    Honestly sir, Thank you so much for uploading all these incredible lectures, I have been struggling a lot in my intro to financial accounts class until I found your channel. As a complete newbie to FA class, I looked for hundreds of different FA videos in youtube which I understood none, but I started to understand some of the concepts in FA after watching your videos. You elaborate and explain so well with the perfect examples, and again, Thank you professor Tony for the efforts you've put in to make this great videos. All the respect. - Young

  • @2foolish
    @2foolish 5 лет назад +124

    for those who are wondering, Credre "Cr" means "to entrust" (Credit), and Debere "Dr" means "to owe" (Debit), they come from the Latin past participles of debitum and creditum

    • @P.e.m.a.
      @P.e.m.a. 2 года назад +1

      Oooh 🤩🎉

    • @haciendadad
      @haciendadad 2 года назад +2

      Interesting, but I am so confused on this topic, I really didn't need to know that. After his video, I didn't learn anything about JE. I already did know that in accounting in general things have to balance out. I would like to see a simple, concise explanation, not a history lesson. The examples didn't help me either. I should add, I am not a accounting student or work in this field during the week, I am just trying to handle how to record a credit on my credit card (for a CC refund). I would love to see just one example of how to handle that scenario!

    • @Fredjoe5
      @Fredjoe5 2 месяца назад

      The problem with those definitions is that they don't comport to how the terms are used in accounting. Debit doesn't mean "to owe" in accounting when speaking of assets, but it does when speaking of liabilities.
      That's the problem with not explaining clearly HOW those terms are used in accounting as opposed to the generally-accepted usage. It only creates more confusion.

  • @mynexuspro
    @mynexuspro 10 месяцев назад +7

    Tony, just chiming in to say how much I appreciate your straightforwardness and simplicity with your lessons. I've been trying to grasp journal entries for so long, and this breaks it down so easily. Thank you. Thank you. Thank you!

  • @raccoon874
    @raccoon874 Год назад +16

    *Most logical and OCD-compliant CR DR explanation:*
    *CR: Credit Recorded*
    *DR: Debit Recorded*

  • @jasonjackson4555
    @jasonjackson4555 11 месяцев назад +8

    Thank you so much. I’m in corporate finance and just moved into a new role where I manage a team that posts journal entries. In my past roles, I never had to think about JEs because it was the responsibility of accounting. Not having a strong grasp of JEs has made me very uneasy over the past few months. This video has cleared up so many things that I couldn’t even articulate into a coherent question. I’m going to go through your entire course, but I want to tell you that this video alone has been so helpful I’m nearly in tears.

  • @ParsonGibbs
    @ParsonGibbs 4 месяца назад +11

    I understood more in this 20 minute video, than my actual accounting course at Auburn. Thank you

  • @ismailismaili0071
    @ismailismaili0071 5 лет назад +23

    time repeats itself Mr. Tony I have never ever forgot when I first saw this DR CR table it was my door to accounting and I'm an accountant for almost 7 years because of you and the crazies thing about it that I have never ever studied accounting in school. I learned alone with your videos in RUclips and I thank you all the time for the easy way you teach accounting.

  • @mikem7443
    @mikem7443 3 года назад +29

    Without a doubt, the most engaging and informative series of lectures I've ever seen (for any subject). Thank you for this series -- you really have made a tremendous difference for so many people!

  • @rumeysasimsek2443
    @rumeysasimsek2443 3 года назад +15

    This is the second time that I am taking financial accounting course because I couldn't survive this course last year, now I have to thank you because u made it so easier than my lecturer. In fact, maybe I can love Financial Accounting thanks to you :)

  • @CelineAngelina-jx7qk
    @CelineAngelina-jx7qk Год назад +4

    i skipped a lot of my accounting classes because i cannot understand the professor's explanation. my midterm is in a week and thanks to you professor i understand the course very well. thank you and i advise all my friends to watch your videos.

  • @Gimme5issavibe
    @Gimme5issavibe 11 месяцев назад +3

    You are so helpful, I watched this on mute and with only captions because I was in a library with no headphones and was still able to understand the concept of journal entries way better than my Professor did during lecture. You truly have a gift!

  • @kaylaleoni3281
    @kaylaleoni3281 3 года назад +2

    I graduated with my Bachelor's in Accounting 5 years ago and haven't used my education at all in my career. I decided to pursue my MSA degree, which started 2 weeks ago. Last night, I was ready to throw my hands in the air kicking, screaming, crying, and wanted to call the whole thing quits (extreme, I know) because I was struggling with Intermediate Accounting (which I took as an undergrad). I realized that my challenges were because I forgot some of the basics (mostly journal entries). I woke up this morning and somehow found your video series and workbook. I don't leave comments often, but I had to for this because I am so incredibly thankful that I found your series. I'm going to continue watching the full set and practicing with the workbook, but I feel a million times better already. Thank you so much for putting in the time to create this. You've officially changed the trajectory of my MSA journey.

  • @farahfleurisme
    @farahfleurisme Год назад +1

    I am so happy my friend referred me to you. WOW, I was drowning, and now it all makes sense. Thank you Professor Tony!

  • @L8ybugLori
    @L8ybugLori 4 года назад +15

    Excellent way to explain journal entries! THANK YOU! I am learning more from these videos and the workbooks than I ever have from formal courses. This is a subscription well worth the investment!

  • @alejandroalicarrizales2435
    @alejandroalicarrizales2435 3 года назад +2

    Business school is eating me alive and thanks to you I now understand this. Kudos!!!

  • @WorldWideSk8boarding
    @WorldWideSk8boarding 3 года назад +3

    As an Economics major I have an Intermediate Financial Accounting course this semester and I completely forgot EVERYTHING from intro to fin. accounting... this is great review (i don't think my prof expects us to remember super complex stuff) Tony is the hero we never asked for but always needed!

  • @EdwardSpeer-xc7dp
    @EdwardSpeer-xc7dp Год назад +5

    You are the best instructor I have had to help me understand Accounting. I have been a Credit Manager for a long time and this is helping me greatly. Thank you

  • @petermcgrew8960
    @petermcgrew8960 Год назад +2

    this helped me so much it is unbelievable. I am currently halfway through the semester after almost failing the midterm trying to reteach myself and this is life saving

  • @erkanertosun267
    @erkanertosun267 4 года назад +5

    I was Lost while reading about DR and CR, but this video was so helpful to understand the whole picture. Thank you so much

  • @JSpencer13
    @JSpencer13 9 месяцев назад

    You are an angel sent from heaven!!!! You have to be the best accounting professor thus far. Every accounting professor needs to share your playlist to their students because you simplify accounting very well. I will continue to share your channel and come back to it throughout my journey in accounting. THANK YOU, THANK YOU, THANK YOU!!!!😁

  • @pnarnesrinkobya729
    @pnarnesrinkobya729 4 года назад +12

    Really sir, you are very succesful in what you are trying to do. Also your energy always makes me motivated and it is really difficult to find a professor in this characteristic. I am writing from Turkey and my purpose is let you know that you are helping all economics student even they are far far away. I wish you more succes and happines in your life. With all my respect and good intentions.

  • @SNOW-TV
    @SNOW-TV 2 года назад

    You are the definition of a legend. You will go down in history…

  • @dianac.mandis9887
    @dianac.mandis9887 Год назад +4

    What valuable material and what a way of explaining! I won't go into details, but these videos are helping me to get a job I wanted! So thank you so much, Prof! 🙏🏼🙏🏼🙏🏼

  • @oluwafemiogundele3715
    @oluwafemiogundele3715 5 месяцев назад +1

    OmG! this lecture is the best! You just saved me from depression right now. I'm absolutely new to accounting and I don't like it. But I have assignments and midterm and exams coming up and I have been really sad, reading several online textbooks and not understanding. And here, your video has totally transformed me and everything makes sense right now. Thank you 👍👍👍 good teaching.

  • @smartabiola6813
    @smartabiola6813 5 месяцев назад +1

    Tony, all I can say is God bless you. You definitely don't understand the miracle you're doing to me.
    I'm an entry level entrepreneur looking to start my first official business and i figured i need to understand accounting and boom here i am watching this series of super incredible videos.
    Really, God bless you sir Tony❤️

  • @lauraherr
    @lauraherr 5 лет назад +11

    You saved me from failing my accounting final thank you!!!!!!!!

  • @jasonvest3853
    @jasonvest3853 5 лет назад +3

    Passed my accounting class for my MBA, but watching these first videos is the first time it has all made sense. Thank you so much for taking your time and explaining in a way that anyone can understand.

  • @deepakmittal3898
    @deepakmittal3898 4 года назад +6

    Sir you are Genious and the way you explain Financial concepts with the humor is awesome. Like most of the people here, i am a newbie in financial accounting and sweating a lot thinking that my exams are coming near and i have no idea what all these numbers and financial statements mean but huge thanks to your videos that i have started understanding the basic concept. Most importantly, i have started liking this subject and want to improve from here on..
    thanks a lot

  • @zainelshanti4263
    @zainelshanti4263 3 года назад +2

    thank you so much!! you are incredible at explaining, i went from being completely lost for weeks to understanding everything i needed to in one day!!

  • @brunkids
    @brunkids 4 месяца назад

    This has helped me understand so much better than reviewing so much footage from lectures, buying a book, I really appreciate the key. Thank you!

  • @reema3535
    @reema3535 4 года назад +4

    Hello! I just want to tell you thank you so much for posting these videos and taking your time to teach all the struggled ones like myself. Im taking an online course and i've learned and understood so much from you more than anything else that was given to me for my macro eco class! Without your youtube channel i would lose my mind by now. Thank you and keep doing you! We need more professors like you!

    • @reema3535
      @reema3535 4 года назад +1

      I meant to say *Financial Accounting class. If you can’t tell im already losing my mind haha

  • @andychacon3735
    @andychacon3735 4 месяца назад

    5 years later and your videos keep helping students!! been binging while i study for a test tomorrow and just wanted to say thank you for providing this content!!!

  • @NubianQueen3
    @NubianQueen3 8 дней назад

    Thank you so much!!! I can't thank you enough. You explain these concepts in a way that finally makes sense.

  • @anujvats7688
    @anujvats7688 3 года назад +1

    You are helping a lot of students who are new to accounting. Thanks.

  • @Infinitejoy81
    @Infinitejoy81 Год назад +1

    HI!! you made it so much simpler for me to understand. I am taking online classes and I felt so lost. Thank you!!

  • @ZeeshanAli-mz8li
    @ZeeshanAli-mz8li 4 года назад +1

    I have fallen in love with accounting just bcz of your sir accounting deserve more teachers like u..great work

  • @amandasteiner9469
    @amandasteiner9469 2 года назад +1

    Tony!!! You are saving my life with these videos! You're a boss teacher who can make even the driest of topics interesting and approachable. THANK YOU!!

  • @talessiafain-martin6398
    @talessiafain-martin6398 4 месяца назад

    Thank you so much for this video. Journal entries was frustrating me and this video will make my class so much easier! Definitely worth my time and I will be sharing it with all my classmates!❤

  • @harissajwani2583
    @harissajwani2583 5 лет назад +6

    Being a Comp Science person with zero knowledge of Accounting, your lectures are reallllyyyy helpful. It makes it looks so simple. As i often have to crunch numbers automatically, i would appreciate if you can share some tips and functions in Excel or other software. Something like where I can validate what I am doing.

  • @bhavikpatel5893
    @bhavikpatel5893 4 года назад +3

    Thank you for creating this valuable content. I am a computer science major and work in IT. Recently started my side business and this course is exactly what I want to know that will help me grow.

    • @PunmasterSTP
      @PunmasterSTP 3 года назад

      How is your side business doing?

  • @dylanharrison4327
    @dylanharrison4327 Год назад

    These videos are saving me, I’m in an online financial accounting class and was struggling hard. Thank you!

  • @kurt65
    @kurt65 8 месяцев назад

    The way you explained and wrote A=L+SE made it click finally. I was trying to remember how each type of entry was entered instead of thinking about how they were relative to A, L, SE. Thank you so much!

  • @kathysumner4258
    @kathysumner4258 2 года назад +1

    Taking Financial Accounting at local community college. My professor is pretty good at explaining journal entries, but this video helped to fill in the gaps and simplify some of the concepts. Thank you so much for these videos, truly appreciate your efforts!

  • @tayloraylor5879
    @tayloraylor5879 Год назад

    No one has been able to explain this and me understand until you. Appreciate your time! I'm mind blown 😂❤🎉

  • @samsontimmy1954
    @samsontimmy1954 5 лет назад +3

    I love the way you teach. Thank you so much.
    I am hoping your videos will be helpful throughout my exams preparations.

  • @kolawoleoshundiya1084
    @kolawoleoshundiya1084 5 лет назад +6

    Thank you for these videos, i never had an accounting background and this is helping with FS in my MBA.

    • @PunmasterSTP
      @PunmasterSTP 3 года назад

      How'd the rest of your MBA go?

  • @davidshelby78
    @davidshelby78 5 лет назад +3

    Thank you from Russia!(Graduate School of Management)
    All of your videos are really helpful.
    Keep doing it)

  • @kabugaj2002
    @kabugaj2002 2 года назад +1

    This is incredible. I have struggled with some concepts on increase and decrease of Capital but you have explained it so well. To say I'm amazed is an understatement. Thank you Professor.

  • @lehlogonolommachaka6109
    @lehlogonolommachaka6109 2 года назад +2

    Thank you so much for the amazing work that you’ve done in putting this together. You have no idea how helpful your channel has been to those that didn’t take accounting in high school, myself of course.

  • @sabagono9491
    @sabagono9491 Год назад

    Thank you so much for posting these videos. Honestly you have helped both me and my colleagues so much in university. We were struggling a lot to try to understand accounting and your videos are so fun and clear that we actually started liking accounting more. Thank you so much for doing this, you are truly our life saver.

  • @therealmcgoy4968
    @therealmcgoy4968 10 месяцев назад

    Thank you for these videos. I’m taking accounting classes accelerated and after week 3 felt I was sinking below the waves and felt depressed but your videos are helping me understand this subject much better than my class/e book.

  • @walkingInRedemption
    @walkingInRedemption 4 года назад +1

    All the way from South Africa 👏These videos have really helped me tremendously. Keep it up. Best explanations and lessons for Accounting💯

  • @mckenzietarkalson630
    @mckenzietarkalson630 5 лет назад +3

    I just started this class through WGU, so thankful for you and your amazing visual videos. You will be the key to my passing this assessment!

  • @rip_kit
    @rip_kit 2 года назад

    I’m a senior in highschool taking a college level Accounting class, and these videos are helping so much. Thanks!

  • @shylahsh
    @shylahsh 3 года назад

    I took financial accounting at a community college and didnt learn anything! Now I'm needing to take an entrance exam in order to take Intermediate Accounting and other higher level classes and these videos are helping me so much! Thank you!!!!

  • @ccliving1005
    @ccliving1005 3 года назад +2

    I am from Malawi & have never understood accounting my entire life and it has always sounded like a bunch of jargon to me. But coming across your channel has changed all that. I fully and clearly understand the concepts, purpose and application, so far, with your videos. Hoping for all the best as I finish my Busness Management degree! Thank you for sharing these, sir. You teach very enthusiastically and in a manner that is easy to understand and relate to. Looking forward to completing the 52 modules. God bless you sir👏🏽

    • @Tony-Bell
      @Tony-Bell  3 года назад +1

      Thank you! Good luck in your studies :)

    • @PunmasterSTP
      @PunmasterSTP 3 года назад

      How did the rest of your degree go?

    • @ccliving1005
      @ccliving1005 3 года назад +1

      @@PunmasterSTP I wrote my exams and got 75% which is a credit here in Malawi😀 I'm now entering fourth year next year will be the final year of my studies

    • @PunmasterSTP
      @PunmasterSTP 3 года назад

      @@ccliving1005 Awesome; keep up the good work!

  • @TheSenate-r8j
    @TheSenate-r8j 5 месяцев назад

    Your style is all that's needed to loosen up and learn.
    *RUclips thumbs up + Actual thumbs up 😊*

  • @olgalidiasiguil6680
    @olgalidiasiguil6680 3 года назад +1

    Mr.Bell I really appreciate your story about the falling exam that you had I'm felling the same I love numbers but the accounting carrier has been very hard for me thank you so much for all that you do GOD bless you

  • @natashakapp6099
    @natashakapp6099 7 месяцев назад

    I never understood journal entries until now. Thank you for this amazing video.

  • @haiqafatima5298
    @haiqafatima5298 4 года назад +5

    Thank you so much for putting in all the effort and teaching us this course! Means a lot!

  • @diegoamores9295
    @diegoamores9295 4 года назад +3

    i have my first accounting class today, wish me luck. thx so much btw for these videos.

  • @malefunthako5436
    @malefunthako5436 2 года назад

    Thank you very much. I did Accounting in high school and in Matric I mastered it. But in Varsity it was a disaster. Thank you now you taking me back to my high school days.

  • @Pirbhathaddad
    @Pirbhathaddad 2 года назад

    here from the managerial accounting topic " Job order costing" This video helped me recall everything!!

  • @Thepianobird
    @Thepianobird 3 года назад +4

    thanks for the video. The biggest thing I took away is that you can have more than 1 debt or credit per entry. They just must equal the same amount.

  • @mauricioetienne3379
    @mauricioetienne3379 5 месяцев назад

    I wished you were my teacher back in the day! Thanks for sharing great videos, you have though me a lot 🙏🏻🙏🏻

  • @mohannedmohammed1326
    @mohannedmohammed1326 3 года назад

    You are a great teacher , many thanks for every minute you spent in making this effort to show us a great content with an easy way.

  • @MuzhdaKhalil
    @MuzhdaKhalil 7 месяцев назад

    I love the way you make things so easy which were once so tough for me.

  • @egesengezgin2610
    @egesengezgin2610 5 лет назад +12

    What a sincere man, thanks for all the help :)

  • @escenegaming1325
    @escenegaming1325 4 месяца назад +2

    I learn more from this guy than my actual profs

  • @悪魔をずるい
    @悪魔をずるい 3 года назад +1

    Thank you very much Tony, This is an awesome lecture, I have been struggling with accounting class and you just did the incredible magic. Many Thanks.

  • @LeahGaye-g5v
    @LeahGaye-g5v 3 месяца назад

    You simplified the process perfectly. Thank you, Tony!

  • @tuffgaming2092
    @tuffgaming2092 11 месяцев назад

    Hello Sir I would like to thank you from the heart, really appriciate your work, i was struggling a lot with these subject and after seeking your vedios i am able to clear my all doubts.

  • @ananyakumar2476
    @ananyakumar2476 Год назад

    Thank you, sir! I will start my uni this year and wanted to brush my knowledge before leaving. This is very helpful!

  • @miladzahabi2123
    @miladzahabi2123 4 года назад

    Best man on earth. Now i feel like maybe i have a chance in my exam. Thank you so much

  • @kholokazidipu6704
    @kholokazidipu6704 Год назад

    I can't find my previous comment, I managed to get these notes thank you. These video are very helpful. God bless

  • @elenacecilia7466
    @elenacecilia7466 6 месяцев назад

    Better than any university lecture! Thank you so much🙏

  • @lukasschreib1049
    @lukasschreib1049 4 года назад

    Professor Bell, you´re my last hope for my FA test. Best greetings from germany!

  • @Seanc34911
    @Seanc34911 4 года назад

    I really don't understand how you only have 50k subscribers. Keep it up you're gonna be huge with this quality content

  • @asharshariq4775
    @asharshariq4775 2 года назад +1

    so vividly taught, looking forward to getting my concepts clearer in more videos!!

  • @dmiceli3820
    @dmiceli3820 3 месяца назад

    great content. still relatable after 5 years. bravo!

  • @prityprasad1869
    @prityprasad1869 4 года назад +1

    Your way of teaching is really amazing 😊😊 Thank you sir

  • @burak5601
    @burak5601 5 лет назад +4

    These videos are life savers. Thank you so so much. Most appreciated!

  • @reagantroy3608
    @reagantroy3608 2 года назад

    Sir, you are my hero, I honestly appreciate your work, you've done more for me than my lecturers have💯

  • @MsPuchacz
    @MsPuchacz 2 года назад

    thank you, thank you, THANK YOU!! You have made it so easy to understand basic accounting!! This has helped tremendously in my basic accounting course!! THANK YOU!!

  • @jiamingzhang3739
    @jiamingzhang3739 5 лет назад +1

    Greeting from Sydney.Like your videos very much. It's quite helpful to a beginner.

  • @Taz-no6rv
    @Taz-no6rv 2 года назад

    OMG this formula is sooooo much easier to remember than the Dead Clic saying we get taught in uni. life changing.

  • @judithdiaz6858
    @judithdiaz6858 Год назад

    You explain this in a way that i so easy to understand. Thank you

  • @yousufshakoor5912
    @yousufshakoor5912 4 месяца назад

    Thank you sir! Do you have playlist in sequence so I start watching and learning one step at a time! Thanks again and May God reward you for your pure intentions! Amen

    • @Tony-Bell
      @Tony-Bell  4 месяца назад

      ruclips.net/p/PLSlzC-HFo7w5MA7vJy_m6T5ub_UvB2d10

  • @CarlosSLeon87
    @CarlosSLeon87 2 года назад

    I’m taking accounting right now at the university and I’m learning mor here 😂 . Thank you for this . I have my first exam today . Wish me luck 🍀 😅

  • @PunmasterSTP
    @PunmasterSTP 3 года назад

    Journal entries? More like "knowledge entrees", because you're helping us learn so much; thank you!

  • @kevinfidler6287
    @kevinfidler6287 Год назад

    Finally found the CBT Nuggets of Financial Accounting. Thank you, Sir.

  • @nicolaspazymino7997
    @nicolaspazymino7997 3 месяца назад +1

    Why are YT teachers always better than in-person teachers?

  • @Soldier-yu2ml
    @Soldier-yu2ml 2 года назад

    That chart makes this so easy! I was memorizing acronyms like "Dead Clic" and "DEALER" and "Red Ale" and this chart is much easier to remember haha.

  • @rhianesoriano5216
    @rhianesoriano5216 11 месяцев назад +1

    Thank you so much for these videos, Sir Tony Bell!!!

  • @mayeshashabnam3847
    @mayeshashabnam3847 3 года назад +2

    Thank you so much Sir.
    For making this course so understandable.

  • @Cheese_craft
    @Cheese_craft 4 года назад

    Thank u I m from non accounting background
    But ur videos made my life easy

  • @peterdavila3045
    @peterdavila3045 2 года назад

    Thank you. I finally clearly understand Debits and Credits in accounting.

  • @indranimaiti3729
    @indranimaiti3729 8 месяцев назад

    you are just so awesome. Learning so much from your Videos.

  • @mariolastepaniuk4957
    @mariolastepaniuk4957 3 месяца назад

    I'm going to call it DRebit from now on 😅
    Would love some examples on Expenses & Income, but I'm sure you explain it in more detail in another video. I'll look for it. 👍🏼🙌🏼