Do Banks go against Accounting Principles? - Saheb Academy

Here I have clarified why Bank says Debited when money is received in the account and Debited when money is deducted with a logical example.
After watching this video you will understand this from two perspectives.
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
Please Like, Subscribe and Share this video on your social media account.
#banking #accounting #bankexams

[@Cyasten]

the effort you are putting just to educate people is really appreciating

[@josephmanu5664]

I really appreciate your videos sir, especially how you demonstrate things....GOD BLESS U. FOLLOWING YOUR VIDEOS

[@akhiljohn8986]

Very useful information 😍😍

[@turtle3341]

bro i just searched for saheb academy to study but this video really got my curiosity xD, also it seems you have really invested a lot more effort into making this video compared to your older ones !! it turned out great bro!!!!! :D

[@SahebAcademy]

Thanks😊

[@rahulchaudhary3328]

I just started learning accountancy...and this confusion popped up in my mind.....and you solved it ........so easily... Thank you 👍

[@user-kc9lj9el2o]

he is very intelligent in his field

[@user-qs3dv6ld6b]

Thank you so much, i was wondering for long time on this point , understood now Alhamdillah

[@kusumacb580]

Thank you so much sir 🙏for valueable teaching

[@ankitatrivedi4678]

you are amazing..glad that i found your channel...a complete non commerce background preparing for sebi you made develop a taste for accounts..thanks

[@user-wm7pk7zc2y]

thanks, im new on accounting and confusing why they are not same at bank. i got the answer from your explanation..

[@adnank7496]

Thanks Man. This is really useful. Till now I am confused why these things different.

[@sneha1173ssss]

Marvellous 🤗 explanation sir

[@shyam2524]

Very useful information thank you

[@omeradam186]

I really appreciate your videos and so helpful, bless you

[@sanakhan-ix5ki]

very good explanation thank you for sharing

[@soulcake76]

I am so happy to have found you!!!!

[@mohdfaisal123]

Excellent explanation sir

[@vishnumayav4093]

Thankyou very much sir
You classes are so helpful

[@aniketthakur8295]

So nice of you 😊

[@shamabrao9534]

Sir , I have watched many videos of urs ...u explain the concept very clearly .. thank you so much sir...
I want you to upload a video about the concept cash flow statement please..

[@shubhampaul7938]

Thank you, helped a lot

[@merlvazantao8749]

Well explained!

[@trex4561]

Thnku ..sir

[@pritisaket719]

Super 💕 explained

[@thejask.p4742]

Thank you sir

[@malcolmrodgers295]

Wonderful

[@syardiruslan]

Hi Bro. I like watching your videos. Could you please let me know which one (chapter) in which I could learn more about Retained Earnings? Thank you so much.

[@fauzianoor2860]

Sir please upload standard costing problems

[@joshuaoluwagbemiga8349]

Unrelated though, delivery expenses is it to be associated with selling and distribution expenses in the income statement or it will not be recorded at all???

[@nirajthakor9748]

Wait.. Suppose in day to day life need to say that i have or don't have money in bank account but we can also say with debit and credit balance then what would be the correct one if i want to say that i have money in my bank account "Credit balance or debit balance" ?? This isn't from any business point of view but generally i want to say to someone so??

[@417-c-prajaktashinde8]

Hie Brother aapne fybcom II semester ka 1 chapter accounting and financial management ye chapter kaa video nhi dala aapne so please daliye na 😊

[@soniajohn8454]

Thank you for this explanation, Sir.
Please why did you write "To Bank account" when it is bank account that is giving and is credited.
Why is there a "To" attached to it?

[@janaksharma6105]

It's a way of writing a journal entry in India. 'To' is written before an account which credited. Ex journal entry of cash deposited in bank Rs 5000 will be written as :
Bank a/c dr 5000
To cash a/c 5000
So it's just a style nothing else.

[@quranlearning9929]

Explaining only for those who are experts

[@sudeepkumar.l8055]

Sir please make a video on inventory chp ca foundation 💖💕

[@munazzamansoori5549]

please sir cover the bcom 5th semester 's personal account...

[@UnboxingClub22]

1) Book value of building 120000 (1.2lakh)
Building appreciated to 125%.
2) book value of building 120000 (1.2lakh)
building was valued at 120%
what will be the treatment in revaluation account
It's urgent pls tell⚠️🔴🔴

[@prashant05911]

Sol 1) Building appreciated to 125% i.e 120000×125/100=150000 Increase in asset by 30000
--SHOWN IN CREDIT SIDE OF REVALUATION A/c
Sol 2) Building was valued at 120% i.e. 120000×120/100=144000 building increase by 24000
--SHOWN IN CREDIT SIDE OF REVALUATION A/c

[@UnboxingClub22]

@@prashant05911 thanks brother for this clear explanation with proper method. I was confused but now it's done!!

[@prashant05911]

@@UnboxingClub22 koi baat ni bhai 😊

[@aniketthakur8295]

Partnership final accounts hai na?

[@Shaileshkumar-qm4ic]

Sir plzz also explain in hindi