Enjoyed this video? Then subscribe to the channel right now, and let's go through some beginner and advanced examples of double entry accounting: ua-cam.com/video/EibibVFEkvk/v-deo.html
Thank you! I agree. ;-) It's very important to understand how the accounting process works that ultimately produces the financial statements of a company.
Have a look at the follow-up video on how to prepare closing entries: ua-cam.com/video/CXiKLtb7tqI/v-deo.html where we will take about the pre-close and post-close trial balance, where you will learn the difference between temporary and permanent accounts, the transfer of balances to the income summary account, and the subsequent transfer to retained earnings.
Nope, that's not how it is done in the Western world. Have a look at the DC ADE LER video for some of the basics: ua-cam.com/video/b93KBmcXanI/v-deo.html
Enjoyed this video? Then subscribe to the channel right now, and let's go through some beginner and advanced examples of double entry accounting: ua-cam.com/video/EibibVFEkvk/v-deo.html
Always nice to brush up finance and accounting skills through your videos :) Keep them coming!
Thank you, Ashwin! Will do. Trying to produce videos on 1 per week schedule.
Oh, are you an accountant? Have you taken the ACCA course?
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
Didn't realize the software for this accounting example at 5:00 was flexible.
We use that exact software within the Navy for HR
Nice! Thanks for sharing.
Very well explained, as usual!
Yes,Anna way teaching is very excellent.
Thank you! :-)
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
I'm sure this will b v useful for accountants or just ppl interested in it
Thank you! I agree. ;-) It's very important to understand how the accounting process works that ultimately produces the financial statements of a company.
YESS saving me for my midterm love the videos btw
Happy to help! Please share with fellow students. 😊
Really good video!!
Thank you!
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
Hi
I hope you are well.
Please can you make video on fixed asset charrt .
Thanks for the suggestion, Vikash! I will add the topic to my list, and evaluate whether there is enough potential.
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
Thank You Very Much!
You're welcome, Ivan! 🙂
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
Where does closing entries go in this
Have a look at the follow-up video on how to prepare closing entries: ua-cam.com/video/CXiKLtb7tqI/v-deo.html where we will take about the pre-close and post-close trial balance, where you will learn the difference between temporary and permanent accounts, the transfer of balances to the income summary account, and the subsequent transfer to retained earnings.
Why is sales in debit in the analysed cash book, but in credit for the trial balance?
Sorry, unable to answer that, as I have no idea what you mean with analysed cash book.
Boring video
@@TheFinanceStoryteller 🤣🤣🤣🤣🤣🤣
Revenue debit i think
Nope, that's not how it is done in the Western world. Have a look at the DC ADE LER video for some of the basics: ua-cam.com/video/b93KBmcXanI/v-deo.html