Golden Rules of Accounting with Journal Entries - Debit & Credit - By Saheb Academy

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  • Опубліковано 16 лип 2024
  • Here I have explained 3 Golden Rules of Debit & Credit in a simple way with practical example of Journal Entries.
    It is also called as Golden Rules of Accounts.
    I have also explained the traditional classification of accounts which are Personal, Real, and Nominal Accounts.
    ⏱TIMESTAMPS
    0:00 - Intro
    02:05 - Golden Rules
    13:50 - Journal Entries
    This is for the students of CLASS 11, B.COM, BBA, CA Foundation, CA INTER, CMA and any other accounting courses.
    Basics of Accounting
    • Basic Concept of Accou...
    How to Pass Journal Entries?
    • How to Make Journal En...
    Clear your doubts by direct messaging us on Instagram
    / sahebacademy
    Please Like, Subscribe and Share this video on your social media account.
    #Accountancy #FinancialAccounting #Class11

КОМЕНТАРІ • 88

  • @user-vu4pt5qs6i
    @user-vu4pt5qs6i 5 місяців тому +23

    Sir pls put all videos for ca foundation and ca inter. In all subjects. Ur explanation is very expensive ❤

  • @catherinemuthuuri5692
    @catherinemuthuuri5692 17 днів тому +2

    I love the way you teach. So practical, systematic and simple to understand. Thank you

  • @kalaishivu23
    @kalaishivu23 3 місяці тому +4

    Thank you sir.... Its amazing no one teach like this your are just amazing... Thank you so much

  • @trustme.550
    @trustme.550 4 місяці тому +2

    I loved your explanation thank you so much ❤

  • @preciousmutsauki3839
    @preciousmutsauki3839 5 місяців тому +1

    Amazing explanation ❤

  • @fatimohishaq2615
    @fatimohishaq2615 5 місяців тому +1

    Jazakumullah bruh😊

  • @deepakl2226
    @deepakl2226 Місяць тому +2

    I just Love u yrrrr ❤
    The way u teach incridible ❤
    tq very much teacher 😇🙏

  • @sunilkumarreddy8385
    @sunilkumarreddy8385 4 місяці тому

    Super explanation, I never get this type of explanation, Thank you

  • @peehu0615
    @peehu0615 5 місяців тому +1

    Amazing ❤

  • @muruliramesha3674
    @muruliramesha3674 Місяць тому

    Thanks for this video I learnt a lot of accounting knowledge..

  • @sumangayen8188
    @sumangayen8188 5 місяців тому

    Amazing sir 🎉
    What an explanation ❤ sir .........

  • @okohjustice3921
    @okohjustice3921 5 місяців тому

    Sir you're just amazing

  • @Ranga_Roy
    @Ranga_Roy 3 місяці тому

    Superb explanation ❤

  • @AfrozeJahan-ed7ir
    @AfrozeJahan-ed7ir 2 місяці тому

    Awesome the way ur teaching

  • @tanmaydey3579
    @tanmaydey3579 3 місяці тому +1

    soo good, so elegant, just looking like woooow :)

  • @artistsarena298
    @artistsarena298 20 днів тому

    Really it was very helpful....so thankful to you ❤

  • @AbhishekDas-o9e
    @AbhishekDas-o9e 25 днів тому

    Thankyou..Very well explained 👍

  • @vishwanath3354
    @vishwanath3354 9 днів тому +1

    Your Teaching skills are Excellent😊

  • @abhijitdeka2580
    @abhijitdeka2580 2 місяці тому

    Thank you sir, Happy Teacher day to you on every day and every second

  • @maheelkhan4495
    @maheelkhan4495 5 місяців тому +3

    @sahib sir , u have not made any vedios on financial statements.. i have completely covered all the 11th class 27 vedio playlist.. i totally love thae way u teach .. i have a science background.. but u made accountancy easy for me thank u so much..
    But pls make vedios on financial statements (trading a/c, p&l a/c, B.S)
    Also need partnership accounts .. for state financial accounts assistant exam in j&k

  • @bhupendrakalme4897
    @bhupendrakalme4897 4 місяці тому

    Thank you sir ❤

  • @AtulYadav-qe3tp
    @AtulYadav-qe3tp 3 місяці тому

    very nicely explained...

  • @niranjanpanchal4656
    @niranjanpanchal4656 2 місяці тому

    God bless you ❤

  • @nishantyadav6267
    @nishantyadav6267 5 місяців тому +2

    Brother you are great and I request to you please unit costing pe aap video banado 🙏🙏

  • @aryasatheesh5221
    @aryasatheesh5221 Місяць тому

    Thankyou sir❤

  • @veena_machar8075
    @veena_machar8075 3 місяці тому +1

    your voice is amazing 🤩

  • @mansoorpullate717
    @mansoorpullate717 4 дні тому

    Thanku sir

  • @sharukhmrasool4099
    @sharukhmrasool4099 3 місяці тому

    Thankyou so much 🩶

  • @uwaisi1224
    @uwaisi1224 5 місяців тому

    Love from bhtakal karnataka.. ❤

  • @sulejamito8968
    @sulejamito8968 5 місяців тому +1

    Great bro. I’m from Africa you taught me alot that I never learnt through classes. Jazakallahu Kheir

  • @iyyappanb346
    @iyyappanb346 27 днів тому

    Very nice we explanation bro

  • @isaaruna
    @isaaruna Місяць тому

    Nice video. The only rule that I use is ''Dr. Everything that comes in and Cr. Everything that goes out''. I observed that it works on all scenarios if you know how to apply it

  • @tanveerziya
    @tanveerziya 5 місяців тому +2

    Your way of explanation is amazing bro 🎉

  • @sandeepb8018
    @sandeepb8018 9 днів тому

    The best

  • @ajaym7565
    @ajaym7565 4 місяці тому

    Super 💯

  • @621rishifofani8
    @621rishifofani8 5 місяців тому +2

    You make accounts interesting.

  • @capitalgain9261
    @capitalgain9261 3 місяці тому

    sir, please teach the accounting entries including GST and TDS entries, Your teaching is helpful

  • @sameermahapatra8046
    @sameermahapatra8046 5 місяців тому

    Sir can you make a video of underwriting of shares and debentures with journal entries?

  • @user-sz8xq6eo7f
    @user-sz8xq6eo7f 5 місяців тому

    Sir please do video on final accounts

  • @XtremeGamingStore
    @XtremeGamingStore 3 місяці тому

    I have been an account student for last 6 years. but this is best Video ❤❤.Please make summary images and PDF and slides ,make one web and post them on your websiteas well.All would love it.

  • @AylinS4649
    @AylinS4649 5 місяців тому

    Sir, can you upload financial statements with and without adjustments please

  • @neeturao115
    @neeturao115 5 місяців тому +3

    Sir please make video of ca inter AS of adv accounting

  • @AbdulHamid-vt7gr
    @AbdulHamid-vt7gr 5 місяців тому

    Hello sir , I am not from commerce background , and have worked in sales for 10 years but now I want to learn tally as there are some job positions in our city for tally operators. My question is can a non commerce student succeed in that job , I have seen you some Vedic on basic accounting and have clearly understood basic concept of entries . I am resisting to do the career shift , kindly advise

  • @dhanushm6310
    @dhanushm6310 5 місяців тому +1

    Loved it❤
    Kindly give some more examples of these concepts in next video..

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      #2 Golden Rules of Accounting - Problem 1 - Journal Entries - By Saheb Academy
      ua-cam.com/video/-DU9MoP0mw4/v-deo.html

    • @dhanushm6310
      @dhanushm6310 5 місяців тому

      Thank you ​@@SahebAcademy

  • @versatileclouds9922
    @versatileclouds9922 8 днів тому

    👌

  • @vyshalimalatkar6273
    @vyshalimalatkar6273 4 місяці тому

    HI Sir, i Am sceince student like mke videos on Trading and profit and Loss Account and Balance sheet. I have very much problem in preparing this . Pls Pls kindly make videos on this subject.pls

  • @khayenbrendapush6480
    @khayenbrendapush6480 2 місяці тому

    How can you assume that when the company started the business, they deposited the cash in the bank?
    Was it stated in the problem?

  • @vamsipeddireddy9298
    @vamsipeddireddy9298 5 місяців тому

    thank you so much, can u explain statement of cash flows.

    • @SahebAcademy
      @SahebAcademy  19 днів тому

      #1 Cash Flow Statements - Concept, Format and Adjustments
      ua-cam.com/video/qMKi2Q3x0UA/v-deo.html

  • @Arudra-jp8fh
    @Arudra-jp8fh 2 місяці тому

    🙏

  • @vinaycr3781
    @vinaycr3781 3 місяці тому

  • @TimepassBDzone
    @TimepassBDzone 2 місяці тому

    how do i mean transaction made by bank?

  • @Ahamed9980
    @Ahamed9980 5 місяців тому +1

    @Saheb academy Thank you so much for making such a good video and hat's off you... Keep it up...❤❤❤❤
    If possible sir please make one video explaining categories of Assets, Liabilities and Income and expenses...??
    Like... (Tangible and Intangible Fixed and Current Asset) and all Liabilities, (OH expenses and miscellaneous expenses) and all incomes with examples of all categories.

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      Sure😊

    • @Ahamed9980
      @Ahamed9980 5 місяців тому +1

      @@SahebAcademy in this video I'm mainly impressed on in the last added one Note prefix and suffix added to a normal account it becomes representative personal account... ❤️❤️
      Like these tips or notes pls come with us sir...👍👍

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      I am glad that it's helpful for you 😊

    • @Ahamed9980
      @Ahamed9980 5 місяців тому

      ​@@SahebAcademy and also why you are not covered in Liability's real account and type of liability sir...??

  • @TimepassBDzone
    @TimepassBDzone 2 місяці тому

    dear sir would you please explain why Bank Debit for the transaction number one ? how do i mean the person started business deposit in bank?

    • @poojababu9614
      @poojababu9614 2 місяці тому

      Actually the person in starting the business with a huge amount around 50 l since so we are considering it as bank A/c , he is deposited is money in bank right so as per golden rule we are Debiting the receiver , So bank is debited ( Understand as per owner point of view)

  • @adarshsalian3720
    @adarshsalian3720 5 місяців тому +1

    Sir please solve more questions under golden rules of accounts

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      Sure😊

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      #2 Golden Rules of Accounting - Problem 1 - Journal Entries - By Saheb Academy
      ua-cam.com/video/-DU9MoP0mw4/v-deo.html

  • @chithra_rajj
    @chithra_rajj 5 місяців тому +1

    Every teacher teachs what is it ?
    But you only teach why and how?

  • @peaches5351
    @peaches5351 4 місяці тому

    yaa yaa yaa in every sentence tho .this guy was korean in his previous life loll but no doubt u were great.

  • @nafilaan7773
    @nafilaan7773 5 місяців тому

    Sir, please do a video on double account system😊

    • @SahebAcademy
      @SahebAcademy  5 місяців тому +1

      Dual Aspect Concept EXPLAINED - By Saheb Academy
      ua-cam.com/video/qOS3hpZ4r14/v-deo.html

    • @nafilaan7773
      @nafilaan7773 5 місяців тому

      ​​@@SahebAcademysir, i meant the accounts of public utility undertakings (PSU).

  • @Maa_ka_magarmach.
    @Maa_ka_magarmach. 5 місяців тому

    Assalamualaikum sir please make video on partnership account and companies a/c ❤

    • @SahebAcademy
      @SahebAcademy  5 місяців тому

      Walaikumsalam, sure I will try to cover these chapters😊

    • @Maa_ka_magarmach.
      @Maa_ka_magarmach. 5 місяців тому +1

      @@SahebAcademy thanks you sir with the bottom of my heart ❤️

  • @TimepassBDzone
    @TimepassBDzone 2 місяці тому

    why bank bank bank ?

  • @beautifullectures
    @beautifullectures 6 днів тому

    If he brings capital in cash then the JE should be
    Cash acc
    To capital acc
    Not bank account to capital account

    • @Spare-i8b
      @Spare-i8b День тому +1

      You are correct but when the amount is huge you may use the term bank rather than cash has because that much cash is not handled as per our assumption hope you may understand 😄

    • @beautifullectures
      @beautifullectures День тому +1

      @@Spare-i8b u r correct i'm also correct 👍

    • @Spare-i8b
      @Spare-i8b День тому +1

      ​@@beautifullectureswhich standard are you studying now?

    • @beautifullectures
      @beautifullectures День тому +1

      @@Spare-i8b 1st 😌

  • @shankarreddy5649
    @shankarreddy5649 18 днів тому

    Bank is not personal account
    It is real account

  • @sargamsri
    @sargamsri 25 днів тому

    Brother Could I get you email Id for more help. Thank you 🙏