Rules of debit and credit in accounting - Golden rules with example journal entries

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  • Опубликовано: 31 дек 2024

Комментарии • 53

  • @hmacbse
    @hmacbse Год назад +10

    Super explanation and fluency mam clearly understood for me thank you mam🙏🙏👍👍👍

  • @swetasharma4155
    @swetasharma4155 11 месяцев назад +7

    I always get scared when it comes to journal entries ......after watching your video I don't think so I will ever get scared of journal entries ........thank you for explaining it in such a simple way 😃

  • @BlessingsMano-x2p
    @BlessingsMano-x2p 5 месяцев назад +1

    Well explained madam, you a good teacher with the heart ❤️ of explaining

  • @aaron4901
    @aaron4901 9 месяцев назад +1

    you have been GREAT THANK YOU!

  • @glasssmirror2314
    @glasssmirror2314 Год назад +1

    This is marvelous as all lecturers would always skip explaining Drs and Crs of Nominal Accts.
    Tks madam

  • @enggasmatullah
    @enggasmatullah 4 года назад +7

    Just awesome explanation, God bless you from USA

  • @amreenfarzana5976
    @amreenfarzana5976 Год назад +2

    Mashaa allah..wonderfully explained...actually I hav interview today so wanted to glance golden rules....wa beneficial..may almighty bring u success n hapines forvr❤

  • @GetachewAjema
    @GetachewAjema 4 месяца назад +1

    Thank you so much understood very well !!!

  • @S.jananiJana
    @S.jananiJana 8 месяцев назад +4

    Mam how to identify the real account and personal account and norminal account mam

  • @syardiruslan
    @syardiruslan 6 месяцев назад +1

    You are a brilliant Teacher. Thanks a lot, Madam.

  • @jasminjavia6445
    @jasminjavia6445 Год назад

    It helped me to clear the confusion for Debit and Credit concept. Thank you so much.

  • @sasikumar7224
    @sasikumar7224 6 месяцев назад +1

    Thanq!! Mam🙏🙏🙏🙏🙏🙏

  • @mohammedrehan5749
    @mohammedrehan5749 4 месяца назад +1

    Mam Thankyou so much understood very welll❤

  • @hasanorganic2226
    @hasanorganic2226 3 года назад +1

    Outstanding Lecture Madam from Bangladesh

  • @lramanathan1301
    @lramanathan1301 Год назад +1

    Madam, explained wonderfully in a very easiest way. Request you to provide some exercises for journal entries. It will be easy for work and clearing interview... Please... Thank you...

  • @mohammednabeel4381
    @mohammednabeel4381 11 месяцев назад +1

    I am new to accounting concepts. Help me understand this concept. In the case of a bank account, when money is deposited into the account, the account balance increases. So, when I am a receiver, isn't that money is credited to my account. Why it is shown as Debit in your presentation?

  • @sheetalpadgalwar5782
    @sheetalpadgalwar5782 2 года назад

    Mam I am your dieheart fan...i never had any doubt in any of ur vdo but in this i have...i don't understand the term cash ACC to invest acc etc.

  • @shingfarooqtae7
    @shingfarooqtae7 Год назад +1

    Thanks lot mam

  • @biswaranjanmishra9689
    @biswaranjanmishra9689 Год назад +1

    Thank you

  • @economicclasses-lv2rp
    @economicclasses-lv2rp 11 месяцев назад +1

    Love from kashmir

  • @nezarmansoor5648
    @nezarmansoor5648 5 лет назад +2

    God bless you

  • @AhmadullahShirzai-tp6dh
    @AhmadullahShirzai-tp6dh Год назад +1

    Ur tutorials r Amazing but the only problem is that viewers cant figure out the order of ur videos i.e which one to watch first and 2nd..........

  • @shakerkhaan1975
    @shakerkhaan1975 4 года назад

    Nice lecture Madam. Please continous.

  • @starstar-ji3et
    @starstar-ji3et 4 года назад +1

    Thanks a lot

  • @feronyumpung7014
    @feronyumpung7014 Год назад

    Hello Maam, what is Dividend received in double entry?

  • @pareshsahoo3207
    @pareshsahoo3207 4 года назад +2

    Hello mam, sales return , purchase return , bills payable , sales , purchase ✍️✍️✍️ then what types of A/C ? Plz reply me 🙏🙏🙏doubts mam

  • @AYINADISMAN
    @AYINADISMAN Месяц назад +1

    good jop

  • @manukaushik7992
    @manukaushik7992 2 года назад

    All clear

  • @venkatareddy9899
    @venkatareddy9899 5 лет назад +4

    👌👌👌👌

  • @shingfarooqtae7
    @shingfarooqtae7 Год назад

    Mam dividend receive also Cr naa bcz income and gains

  • @pareshsahoo3207
    @pareshsahoo3207 4 года назад

    Hello mam, Personal car introduced in the business ? then what is journal entry , Doubt mam Plz reply me🙏🙏🙏

    • @kauserwiseaccounting
      @kauserwiseaccounting  4 года назад +1

      It is an asset rite
      So entry will be
      Car a/c Dr
      To capital a/c

    • @pareshsahoo3207
      @pareshsahoo3207 4 года назад

      @@kauserwiseaccounting Thanks you mam🙏🙏🙏

  • @shabeerpasha2386
    @shabeerpasha2386 4 года назад

    ma'am can these videos help me for ias optional accounting

  • @esalamukesh9128
    @esalamukesh9128 Год назад

    Mam i want Advance accounts 3 sem classes

  • @sivagalla2004
    @sivagalla2004 10 месяцев назад

    I want to become like you mam.pls suggest me.

  • @shivavishnubodysoul8409
    @shivavishnubodysoul8409 5 месяцев назад

    What is real account
    What is personal account
    What is nominal account

    • @kauserwiseaccounting
      @kauserwiseaccounting  Месяц назад +1

      What is a real account?
      A real account represents tangible assets or liabilities of a business.
      Examples include cash, inventory, land, buildings, accounts payable, and loans.
      The golden rule for real accounts is "Debit what comes in, credit what goes out."
      What is a personal account?
      A personal account represents individuals or entities with whom the business has transactions.
      Examples include customers, suppliers, and the owner of the business.
      The golden rule for personal accounts is "Debit the receiver, credit the giver."
      What is a nominal account?
      A nominal account represents expenses, income, or losses of a business.
      Examples include rent expense, salaries expense, sales revenue, and interest income.
      The golden rule for nominal accounts is "Debit all expenses and losses, credit all incomes and gains".

  • @ankitag4640
    @ankitag4640 4 года назад

    Ma'am make more videos

  • @thewaytosalvation3528
    @thewaytosalvation3528 4 года назад +1

    Please can you send me email Id
    Or solve internal reconstruction, Absorption, Amalgamation and external reconstruction please

  • @ayushraj6925
    @ayushraj6925 4 года назад +1

    ✌✌✌✌✌👏👏👏👣