FA9 - Journal Entries Explained
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- Опубліковано 8 чер 2024
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In Module 2 we learn the rules of journal entries. We learn when it's appropriate to record Debits and Credits. We also learn to transfer journal entries into T-Accounts and how to prepare a trial balance.
@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
How did your course go?
I agree!!!
2 weeks trying to understand 2 modules…..nothing…. Came and watch this video and everything makes sense!
Do u know any youtubers for a second year finAcc course
Seriously this helped me soooo much!!!
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
Thank you!!!
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.
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
Oooh 🤩🎉
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!
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!
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!
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 UA-cam and I thank you all the time for the easy way you teach accounting.
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!
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.
You saved me from failing my accounting final thank you!!!!!!!!
Business school is eating me alive and thanks to you I now understand this. Kudos!!!
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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.
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Are you doing a course?
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
Thank you!!
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!
I was Lost while reading about DR and CR, but this video was so helpful to understand the whole picture. Thank you so much
Thank you so much for these videos, Sir Tony Bell!!!
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.
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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!
What a sincere man, thanks for all the help :)
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Glad it helped!
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i have my first accounting class today, wish me luck. thx so much btw for these videos.
Thank you from Russia!(Graduate School of Management)
All of your videos are really helpful.
Keep doing it)
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How'd the rest of your MBA go?
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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.
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I meant to say *Financial Accounting class. If you can’t tell im already losing my mind haha
You are helping a lot of students who are new to accounting. Thanks.
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so vividly taught, looking forward to getting my concepts clearer in more videos!!
I love the way you teach. Thank you so much.
I am hoping your videos will be helpful throughout my exams preparations.
How did your exams go?
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!
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.
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These videos are saving me, I’m in an online financial accounting class and was struggling hard. Thank you!
Thanks Tony, you just made this Journal Entries Mystery very simple to comprehend. Thank you
All the way from South Africa 👏These videos have really helped me tremendously. Keep it up. Best explanations and lessons for Accounting💯
*Most logical and OCD-compliant CR DR explanation:*
*CR: Credit Recorded*
*DR: Debit Recorded*
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How is your side business doing?
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Journal entries? More like "knowledge entrees", because you're helping us learn so much; thank you!
here from the managerial accounting topic " Job order costing" This video helped me recall everything!!
Thank you. I finally clearly understand Debits and Credits in accounting.
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Good luck!
hows the accounting program going for you?
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Awesome Explanations Mr Bell giving me confidence to as I start my Financial Accounting Course
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You are master of the words