FA10 - Journal Entries Example

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  • Опубліковано 25 сер 2019
  • Go to: www.accountingworkbook.com/ to download the problems.
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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.

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  • @selimgure
    @selimgure 6 місяців тому +22

    I am a music major. This man could read the credits of a WWII documentary and I'd still watch.

  • @Zack-xd1um
    @Zack-xd1um Рік тому +78

    Sir Tony Bell: I will share your page with my entire class of financial accounting because with your lectures I have thrived in my accounting class. The best advice you gave me was to forget about what my thoughts were on debits and credits and instead focus on what a debit or a credit is in accounting. That just did everything for me. I wish you all the best. Salute!

    • @BimmerBabe
      @BimmerBabe 10 місяців тому +1

      Facts once i learned banking is not the same as bookkeeping rules my mind created f subfolders for bookkeeping rules lol 😂😂😂😂

    • @JSpencer13
      @JSpencer13 Місяць тому

      omg, yes, this exact advice helped me understand as well.

  • @skystrength88
    @skystrength88 8 місяців тому +5

    I've been in three different accounting classes (with three different professors) and not one has mentioned the difference between banking debits and credits and accounting debits and credits. The concept always used to trip me up. All it took was thirty seconds of you explaining that and the lights came on. Thank you.

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  • @katlegomabusela8342
    @katlegomabusela8342 23 години тому

    Writing my introduction to financial accounting exam Nex and your videos are giving me conflicting all the way from South Africa

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  • @iliankasf
    @iliankasf 3 роки тому +42

    I spent days reading and trying to understand debits/credits and Tony here made it look so easy in a 20 minutes video. Thank you!!

  • @Walldor17
    @Walldor17 5 місяців тому +2

    back here for the second midterms. got a 96 for the first midterm from a notorious prof all thanks to you. forever in your debt!

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    @MM-cs3yz 2 роки тому +8

    What makes his vids so nice is, you can tell he really cares. The character of a teacher is of monumental importance. Unlike my teacher, who constantly let us out of class early or simply canceled the class and gave us assignments. Without online learning, I would have never got through accounting.

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    @dominikatuszkowska3572 Рік тому +11

    Tony Bell, thank your for your existence and sharing your knowledge with us. You saved me from failing my retake exam. You make it so easy to understand now.

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    @aslihanakin1999 2 роки тому +14

    I have my first accounting midterm and you sir have taught me a lot already

  • @kayWimb
    @kayWimb 7 місяців тому

    You have helped me so much, im currently going through all of your videos and learning so much! thank you tony

  • @munashematimbe
    @munashematimbe Місяць тому

    you are the best Mr Bell..watching from South Africa

  • @os9458
    @os9458 3 роки тому +1

    as a beginner without any knowledge i managed to understood ,i like the way u explain .Thanks BRo

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    I’m definitely now becoming a member of your UA-cam channel!!

  • @minhanhnguyen7003
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    Through out my whole semester ive been struggling with this but thanks to you im not anymore. Your tricks are amazing. Tysm

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    @rebeccatheurich6397 4 роки тому +9

    I have been scared of accounting since I heard I will b taking it this semester but listening to your video is making it easy for me. I think now I have confidence that I will pass. Thank you for your time. I appreciate

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    @user-gi3wb3we9h 2 місяці тому

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    @nahidiac 4 роки тому +2

    I'm with you from the beginning. Watching each one of the videos and solving each of the problems from your workbook.

  • @buhaisahfarooq4954
    @buhaisahfarooq4954 3 місяці тому

    Tomorrow is my final exam and I was totally stumped.......so happy after watching someone teaching these with an easy method.

  • @ChessGrandmaster
    @ChessGrandmaster 10 місяців тому

    Made it to the end? Watching the entire playlist! That's how good it is! Thank you. Subscribed and "thumbs-upping" each video as I go along?

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    @hongjushi6204 3 роки тому +1

    One of the best teachers on UA-cam

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    @user-gu6or7iw7d 3 роки тому +6

    Tony, I so wish you had been my prof! You are an amazing teacher! Hoping this will help me finish my business degree. Thank you for all of your help!

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    @evvycarrot3926 Місяць тому

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    These courses are helping me go from Ds to Bs. Thank you so much! 💓

  • @FreddyPeters99
    @FreddyPeters99 2 роки тому +28

    You really are my personal hero, Tony! I am done with my entire bachelors degree, except for financial accounting. Thanks to you, I will have a very good feeling going into my final exam :D Greetings from Northern Germany!!!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +1

      How did your final go?

    • @FreddyPeters99
      @FreddyPeters99 2 роки тому +5

      @@PunmasterSTP Hey! Thanks for asking:)
      I managed to pass with the best grade in class :))) Now I got my bachelors degree, thanks again for the amazing content Tony!!!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +1

      @@FreddyPeters99 Sweet, that's amazing!

  • @o2ngaming148
    @o2ngaming148 2 роки тому +1

    Very helpful, here from indonesia full of thanks to you sir

  • @sleepybear228
    @sleepybear228 7 місяців тому

    Thanks Tony! I have a test in 1 hour and feel prepared to rock it after reviewing your videos! Cheers!!!

  • @ronanasrat5012
    @ronanasrat5012 3 роки тому +1

    omg I am taking the cpa exam (audit) this Friday and really had a hard time grasping journal entries, and you are the first person to help me understand!! thank you so much for your videos!!!

  • @nonhlanhladlamini1680
    @nonhlanhladlamini1680 2 роки тому +1

    You make it look so easy, wow. I am definitely sticking to your videos.

  • @ajw99a
    @ajw99a 3 роки тому +3

    Hey Tony, Thank you for the videos. These are super helpful for self-learners.

  • @andreabaltazar2596
    @andreabaltazar2596 2 роки тому

    Tony woww you save me.. YOU ARE THE BEST... TODAY IS MY FIRST test for financial accounting..

  • @chainad5626
    @chainad5626 2 роки тому +1

    I am in love. I did all of them with you and even wanted more. I just love journal entries so much. Thank you for your amazing videos.

  • @steelman034
    @steelman034 4 роки тому +8

    I love your channel so much I’m learning so much I didn’t understand in class

  • @juliafox8244
    @juliafox8244 Рік тому

    Yes, I made it to the end. I appreciate your page so much as it has saved my GPA

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    This is all that I needed, I now have a great understanding of accounting concepts. Keep it up

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    @edwinsanchez9146 3 роки тому +1

    Hey Tony, I don't know if you'll read this; but your videos are really saving me! I have to take Financial Accounting online with only the textbook to rely on & you explaining/clearing up concepts really saves me butt. Thank you!

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    Your financial accounting series is so helpful, because you explain everything so well and don't complicate things, like they do in class. This series is a life saver. Thank you and all the best wishes from Slovenia!!

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    @tumuhairwesandra7259 3 роки тому +1

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    @lidcall0909 Рік тому

    This simple. This was all I need was a teacher to go through the problems with me. My professor assigns us 10 problems to do this on our own and then just lets us look at the answer. I have been struggling for weeks. This fast you changed me thank you thank you thank you.

  • @har1997
    @har1997 2 роки тому +1

    Thank you so much. I finally understanding this! You are literally a wizard of accounting.

  • @neisycenteno3377
    @neisycenteno3377 2 роки тому

    THIS IS THE BEST TEACHER FROM THIS DAY FORWARD, I'LL WATCH HIS VIDEO.

  • @hamidrezamaleki7828
    @hamidrezamaleki7828 4 роки тому +3

    This video helped me a lot to understand the journal entry concept. Thank you very much.

  • @pinkypix4762
    @pinkypix4762 3 роки тому +2

    Best teacher ever

  • @tammylovesdougie
    @tammylovesdougie Рік тому

    This is the best Journal Entries explanation ever!!! Thank you so much for all these videos. They are very easy to follow because you explained to them that it is easy for us beginners to understand.

  • @men6638
    @men6638 Рік тому

    I watch this class 4 times, and others 3 or 2 times-I am very greatful and proud of you Sir.

  • @FuzzyWuzzy69
    @FuzzyWuzzy69 7 місяців тому

    Thank you for taking your time to explain these concepts. You have helped many students before me and will help many students after me.

  • @JF_ShlomoBools
    @JF_ShlomoBools 2 роки тому

    I missed my first two classes and have been behind since, trying really hard to focus and understand it but no matter how hard Ive tried the words my professor was saying was just not clicking/making sense. Your videos are simple, and clear, without them Id be blind going into my midterm tomorrow, so thank you!

  • @antonbrndt
    @antonbrndt 7 місяців тому

    Working on it for my exam on Thursday. You are such a wonderful, great teacher! Thank you! I keep working away.

  • @ALIVE.Offical
    @ALIVE.Offical 3 роки тому +2

    Made it to the end, and once again learned a lot. Thank you Tony!

  • @thomasdaka9920
    @thomasdaka9920 2 роки тому

    If I knew this in my first year in business school... This is brilliantly put! Thank you sir

  • @user-js2qw3wu5x
    @user-js2qw3wu5x 6 місяців тому

    Thank you for your time and effort into teaching through videos, appreciate it a lot

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    @peterdavila3045 Рік тому +1

    I made it to the end! And I solved the problem by myself and then checked your answers. Cool video. Thank you.

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    @manbiruppal4275 5 місяців тому

    Your videos are amazing to help understand accounting. Thankyou!!

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    @mitchejiogu6605 7 місяців тому

    Honestly Tony, You're a teacher in every sense of the word. I feel like I'm learning how to speak English, except this time English is Accounting. I have a test tomorrow and thanks to your videos, I'm very confident in myself. Thank You.

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    @user-dg8bf9eo5u 8 місяців тому

    this was SOOOOOO helpful thank you so much you are a lifesaver when it comes to Accounting! (You are my HERO!)

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    @carolinac4406 Рік тому

    Thank you for taking your time to create these amazing videos.

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    @mairicarver6793 3 роки тому +2

    You are literally saving me. THANK YOU

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    Thank you, I enjoyed revising with you

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    @imperfectxennial3008 Рік тому

    Your videos are far more helpful than the videos my professor sent us. I’m in my first quarter in community college doing online learning and I was failing my Financial Accounting 1 class, ended up dropping it. These videos are far more detailed and helpful, when I pick the class back up next quarter (summer) I will be far more prepared for the class. I think I will send this series of videos to my professor.

  • @jacksonford2377
    @jacksonford2377 3 місяці тому

    actually rlly nice and genuine dude. Thanks prof for the video.

  • @user-gs3uy3ej9d
    @user-gs3uy3ej9d 9 місяців тому

    Thank you so much, you made journal entries easy to understand

  • @jayak8217
    @jayak8217 4 роки тому +2

    Thank you! We name the accounts differently in South Africa (I think🤔) so I'll have to go figure that out, but I've already learned so much.
    Can't wait to come back and watch more.

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    @exploreamazonproducts6761 Рік тому

    Best,Simple and well explained Course.

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    @omarhibbert1485 4 роки тому +3

    That formula is very very helpful. Thanks for a very straight forward and simple way of explaining these concepts. You are a confidence booster.Become a new subscriber. Much respect!!! Coming from Jamaica

  • @vibesick
    @vibesick 4 роки тому +9

    I had one semester of accounting and believe me maximum I attended only 2 i always secretly watch your videos instead when I am in class. I don't understand anything in class and it is so boring however your videos make everything clear!

    • @MM-cs3yz
      @MM-cs3yz 2 роки тому

      That happened to me. In addition, our teacher was constantly letting us out early. Video's got me through.

  • @dawstudies7059
    @dawstudies7059 Рік тому

    Thank you very much for explaining in journal entries in 20 min, now the topic seems much clearer!
    Greetings from Uzbekistan ✨

  • @serdarwinc
    @serdarwinc 2 місяці тому

    TONY. YOU'RE DOING GODS WORK HERE, LOVE YOUR WORK.

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    @sak_1017 Рік тому

    Just one week left and my senior high school class is going to start (business strand), after watching 10 lessons now I'm feeling confident that I can pass.

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    @lavidawithjoey 3 роки тому +1

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    @dagmawigizaw5198 2 роки тому +1

    You are the GOA. Respect!

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    @daomai9915 3 роки тому +1

    Professor, this chart is so helpful. Thanks so much.

  • @salmansaad61
    @salmansaad61 3 роки тому +2

    Best teacher .

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    @nedasalehi1217 3 роки тому +7

    My final exam is in 2 days and I haven't paid attention the entire semester and had no idea what was going on (and I hated this subject). Your videos have been SO helpful and super interesting. Thank you SO much!!!!!!!! I might actually do well on this

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому +1

      How did your final go?

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      @juliafox8244 Рік тому +1

      I also wanna know how your final went. I’m in the same boat only mine is for exam 1

  • @Nayamuthoni
    @Nayamuthoni Рік тому

    HAVE AN EXAM THIS WEEK THIS WAS GREAT FIR REVISION ,THANKS!

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    @redhead7869 Рік тому +1

    U dont know how much your helping thanks alot

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    @linaconine 4 роки тому +1

    Thanks so much these videos are helpful and very easy to follow!

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    @bethnwalusa2077 10 місяців тому

    This really helped me through in my financial accounting

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    @EstherEromosele 3 роки тому +1

    Your videos are saving me in my into class. Thank you for sharing.

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      How'd the rest of your class turn out?

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    @dhwanisanghavi6147 Місяць тому

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    @elifhilalyerik3135 3 роки тому +1

    I'm takin Financial Accounting course and those videos are my superhero. Thank you :)

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    @angelthinks1469 2 роки тому

    Thank you! this helped me do my homework.

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    @Pudds_archive Рік тому

    Video was insanely helpful. Cheers mate!

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    @LK90512 4 роки тому

    This video is very useful for beginners, thank you very much!

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    @thaliathomas563 Рік тому

    Very informative video! I am not the best at accounts but this video has helped me a lot. Thank you!

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    @mon_ick_a8706 2 роки тому +1

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    @Paola-vl3rx 3 роки тому +2

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    @dinorabehrami7534 11 місяців тому

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    • @Tony-Bell
      @Tony-Bell  11 місяців тому +1

      Good luck in your FA exam!

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    @danyakayepalmer9108 3 роки тому +1

    Decided to take Financial accounting summer semester (6 weeks long) and I came across your videos. Hopefully my accounting class will be similar to yours.

    • @Tony-Bell
      @Tony-Bell  3 роки тому +1

      Hope these videos help!!

    • @PunmasterSTP
      @PunmasterSTP 2 роки тому

      How'd the semester turn out?

  • @teahpeschke1004
    @teahpeschke1004 8 місяців тому

    You my good sir, are an absolute lifesaver. Unfortunately, my prof speeds through lecture and jumps around far too much to follow and completely grasp the lesson.
    THANK YOU for your easy to follow lessons and laying it all out step by step in the most simple way possible!

    • @Tony-Bell
      @Tony-Bell  8 місяців тому

      You're very welcome! Sometimes in my classes I go too fast for my own students too - it happens - but I'm very happy these videos are helping!

  • @nikhitamathew3098
    @nikhitamathew3098 2 роки тому

    Thanks much Tony !! I am wondering why I was too late to discover this channel

  • @Tonicouture11
    @Tonicouture11 Рік тому

    This is exactly the training I was looking for, and because of accounting software, manual entry training is hard to find. But I do wish you were using a ledger form to enter them so I could see what it really is like doing entries for a business. I am planning a business and need to get at least the basics in accounting covered.

  • @tisharamroop4994
    @tisharamroop4994 2 роки тому +1

    Thank you so much! This video has been extremely helpful. You definitely made it soo much easier to understand, and further encouraged me to check out your other videos! Subscribed! Sending appreciation from Trinidad and Tobago!

  • @jffilms8656
    @jffilms8656 3 роки тому +1

    Amazing stuff! Keep posting the videos. Your energy is what a lot of profs & teachers need. Have a nice day :-)

    • @Nayamuthoni
      @Nayamuthoni Рік тому +1

      I totally agree!! He's is doing a fantastic job