Example for Recording Debits and Credits

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  • Опубліковано 10 лют 2025

КОМЕНТАРІ • 209

  • @huhfudge7797
    @huhfudge7797 4 роки тому +72

    Thankyou so so sOoo much!!! But with that, i am actually really concerned as to how are you doing, sir? Your last upload is 4 years ago and i'm genuinely wishing that your healthy and happy in life because u have helped so many by your father-like teaching.

  • @EseyEsey-v5u
    @EseyEsey-v5u Рік тому +7

    The most best explanation I ever seen like that about debit and credit

  • @noname89636
    @noname89636 8 років тому +170

    No textbook could do what you just did for me. Thank you so much. I actually feel like I am going to pass school right now.

    • @wl20309
      @wl20309 4 роки тому +2

      How did you do in the end?

    • @zizo8737
      @zizo8737 3 роки тому

      Indeed

  • @nickhubner8497
    @nickhubner8497 4 роки тому +23

    you taught me more in this video than my professor has the whole semester thank you!

  • @emanibrinson8490
    @emanibrinson8490 6 років тому +18

    Taking Accounting 2201 at University of West Georgia right now, and you’ve made everything so much clearer! Awesome video.

    • @userninedrillion
      @userninedrillion 4 роки тому +1

      You started school yet?

    • @emanibrinson8490
      @emanibrinson8490 4 роки тому +1

      @@userninedrillion What do you mean? Do you mean if I started back for this school year?

    • @userninedrillion
      @userninedrillion 4 роки тому +1

      @@emanibrinson8490 yeah considering corona slot of schools/universities are closed

    • @emanibrinson8490
      @emanibrinson8490 4 роки тому +1

      @@userninedrillion Oh okay, my bad for misunderstanding lol. But yes, we’re back on campus. We’ve had traditional face to face classes since we started back in August. To help everyone stay on track and go to class at their own risk, they’ve implemented “dual modality”, which just means they have to put all class content online, even if the class is in person. We have to wear masks, and classes have to be held in lecture halls big enough to abide by social distancing rules.

    • @userninedrillion
      @userninedrillion 4 роки тому +2

      @@emanibrinson8490 nah it's okay lol I youse south african english so maybe it made sense to me but you probably use English from whatever country your from
      Hehe that's really cool I like the technique they (dual mobility) it would be so useful! Anyways have a nice day!

  • @adamoubah7992
    @adamoubah7992 6 років тому +2

    I have never done accounting before and I was about to sit for a competitive entrance exams that requires a basic knowledge of accounting. When I came into contact with these your Wonderful videos ,I was able to pick up the whole notion like A, B, C, D. Thank you very much for the great work you have been doing. I love it.

  • @Chris-bc8mz
    @Chris-bc8mz 10 років тому +22

    I wish you were my professor, honestly!! My current accounting professor wastes most of his time showing us small videos that is irrelevant to the course! Thank you so much for this video, Larry!

  • @yosojobo
    @yosojobo 6 років тому +9

    Took accounting in college years ago and this is a perfect refresher. Thanks!

  • @ghxst3317
    @ghxst3317 2 роки тому +9

    Well explained. Got midterm exam from accounting tomorrow so I've decided to make a revision a little bit. Do hope I'll get at least A at the end of the semester because of your videos. May God bless u! Im gonna back to this video and share my grade, wish you guys luck and see u soon))

    • @spaceinvadersaw
      @spaceinvadersaw 2 роки тому

      Soooo how’d it go

    • @mymyfilmofficial512
      @mymyfilmofficial512 Рік тому

      Hahahaha i wanna know more, how was it

    • @itsteej
      @itsteej Рік тому +2

      @@mymyfilmofficial512 sounds like bro did not get an A 😭

  • @augustayartehyarteh4467
    @augustayartehyarteh4467 4 роки тому

    Aw I will debit cash. and credit common stock for the first questions. The second is. Debit cash and credit Notes payables. This things are so great to review over and over. You tub platform is great for us. God blessed you all and all the professors.

  • @singhjet123
    @singhjet123 4 роки тому +2

    Thanks for your wisdom and simple way of explaining accounting even if your videos are old but I am pretty sure they help out a lot of students, you are a true teacher

  • @jcontant1979
    @jcontant1979 5 років тому

    This guy is very good 👨‍🏫, if he’s not a teacher, he’s a very great person to explain accounting to new individuals. Thank you accounting tutor

  • @xxjewel5814
    @xxjewel5814 4 місяці тому +2

    Even in 2024, this video helps sm !!

  • @granitfit
    @granitfit 2 роки тому

    very nice video made it clear for me after watching so many videos that make it so complicated for no reason that only makes it harder to understand.
    thank you TAT

  • @emiliehamilton3725
    @emiliehamilton3725 8 років тому +15

    Thank you so much for the video. I learned more than I did at class.

  • @CL3VRGRL93
    @CL3VRGRL93 4 місяці тому

    This was so helpful. Fast and to the point.

  • @surgingtides
    @surgingtides 5 місяців тому +1

    Thank you for this tutorial. Helps me a lot in reviewing basic accounting concepts ❤

  • @veneziagarcia818
    @veneziagarcia818 4 роки тому +1

    Paying $$$ to a University to learn virtually and you just saved me.

  • @arrowsantos8209
    @arrowsantos8209 4 роки тому

    OMG I'm glad I stumbled upon this video. I completely understood now our first lesson, lol. And I feel like I will never be confused anymore understanding this basic concept.

  • @mickaylaebone
    @mickaylaebone 7 років тому +1

    All of your videos are absolutely amazing! I will definitely be passing accounting. Thank you!

  • @shannonboyd4506
    @shannonboyd4506 6 років тому +8

    Your a fantastic teacher! Fantastic!

  • @aisyahreid7706
    @aisyahreid7706 4 роки тому +7

    this gy deserves so much credit. I learned so much in less than 10 mins than I learned for 2 months

  • @estellacohen7122
    @estellacohen7122 6 років тому +1

    Thank you so much! I've been looking for videos for hours and this is by far the best.

  • @Yourfriend-i3z
    @Yourfriend-i3z 4 роки тому

    Your videos are great.Straight to the point no chitchat. If there is a hearty Icon I probably clicked that.

  • @krisl6768
    @krisl6768 Рік тому

    I just started to learn about debiting and crediting and I swear it was not going in my head. NOW IT’S STARTING TO GO IN😭😭😭 tyyyyyy sooooo muchhhhhh!!!!!!!!

  • @mikeynyc6857
    @mikeynyc6857 4 роки тому

    This increased my understanding by 100%.
    Thank you

  • @johnlongland8902
    @johnlongland8902 3 роки тому +1

    This is EXACTLY what I was looking for. Many videos goes on and on about assets, liabilities and equity. Ofcourse its important but this video taught me more than 20 of the other videos I have watched. I am trying to learn to use ERPNext and ERPnext shows the Chart of accounts in a tree-structure. Just as a small comment ... I would have loved to see your chart of accounts just to compare. I did howeer pick up that in ERPNext they call Sales Revenue just Sales and Service REvenue just Service. But at least I know now how to use those accounts in ERPNext. And ofcourse I can change the names in ERPNext because Sales Revenue does make more sense. High Five Accountign Tutor !

  • @ThisIsHandler1
    @ThisIsHandler1 5 років тому +2

    Dude, you saved my frickin’ ass!! My teacher was way too hard to understand when he explained it, BUT YOU, oh my god you’re the best bro!!! I can do this test I’m about to have. Much love to u mann

  • @ameerah7598
    @ameerah7598 4 роки тому +2

    OMGGGG I CANNOT THANKYOU ENOUGH U TAUGHT ME WHAT MY TECAHER TRIED TO TEACHER ME IN A FULL SEMESTER IN ONE VIDEO!! IM SO CONFIDENT FOR MY TEST NOW TYSMMMMMM (Ik ur probs not gonna see this since this was made 6years a go but still thankyou !)

  • @mahdichaal8756
    @mahdichaal8756 5 років тому +5

    The best teacher and best accent English .
    God bless you.

  • @canatural
    @canatural 8 років тому +1

    Love your teaching style! Very easy to understand

  • @spaceinvadersaw
    @spaceinvadersaw 2 роки тому

    9 years later and this video is still helpful

  • @robertoparacciani9150
    @robertoparacciani9150 10 років тому +2

    Great video Larry, well explained and well structured. Thanks!

  • @RoOoRi100
    @RoOoRi100 10 років тому +127

    JUST TO TELL U .. I GOT AN A+ FOR REAL !!!!!!!!! OMG I'LL PRAY FOR U FOREVER !!!!!!

    • @theaccountingtutor1
      @theaccountingtutor1  10 років тому +17

      Glad to know that you're doing so well, Rori...keep up the good work!
      Larry

    • @rkr894able
      @rkr894able 6 років тому +3

      Rori cool that's awesome dude!

    • @Samo-tp3zy
      @Samo-tp3zy 3 роки тому +2

      lol

  • @beasteminent6158
    @beasteminent6158 7 років тому

    you helped me alot honestly. please continue to do what you do best ! :)

  • @sarmientocharityfaitha.3208

    Watched 5times, tomorrow will be my long exam and the other day Midterm exam, thank you you!!!

  • @helentamiru693
    @helentamiru693 7 років тому

    I was having difficulty differentiating revenue VS acc receivable and you did an awesome job explaining it here and your pervious video thank you

  • @somethingidk8875
    @somethingidk8875 Місяць тому

    this is far and away the most useful tool for learning debits and credits. EXAMPLES! if you did like.. 5 more of these, i think anyone on planet earth would be able to get it.

  • @warpaint329
    @warpaint329 Рік тому

    So helpful, thank you! You're helping me get that MBA!

  • @Omar-jy1gr
    @Omar-jy1gr 2 роки тому

    Thank you! This is one of the best videos I've seen! :)

  • @jamesdego
    @jamesdego Рік тому

    Wish more videos could provide examples like these. Thank you!

  • @yana-qv4tk
    @yana-qv4tk 2 роки тому

    this video was posted 8 years ago and the clearer video i have ever watched

  • @rinkspatel3003
    @rinkspatel3003 6 років тому

    you are going really easy way to teach. step by step. thank you soooo much.

  • @Mikeoxlong902
    @Mikeoxlong902 3 роки тому

    This is very helpfull I'll keep this in mind when im going to major accountancy in college

  • @BuckwheatPlatypus
    @BuckwheatPlatypus 8 років тому

    Thank you for doing this. I start classes next week and I really want to do well. Im excited because debits and credits very recently clicked for me and following along this video was a good excercise for me!

  • @2annec97
    @2annec97 2 роки тому

    Although a 9 yr old video but a very clearly explained and useful one!!! Thank you!!!

  • @adamsstreams1334
    @adamsstreams1334 5 років тому +2

    I believe this man has passed away...I feel bad because your videos made a whole lot difference to my understanding of Financial Accounting.

    • @jonyD143
      @jonyD143 5 років тому

      Where did you get info that he passed away?

  • @savannanash1449
    @savannanash1449 4 роки тому

    You’ve helped me so much!! I can’t thank you enough

  • @Phantastikal
    @Phantastikal 6 років тому

    Very nicely done here.. easy to understand as long as you know debits and credit rules in accounting

  • @lilhash212
    @lilhash212 10 років тому

    I have been hating Acc. big time , but once i saw your videos and how you explain them man you made me change my mind . Thank you Larry .

  • @leechdestroyerbg6679
    @leechdestroyerbg6679 7 місяців тому

    Thank u sir,this really helped a lot even if it's just basic,it helps big

  • @gritpop
    @gritpop 3 роки тому

    Thank you for this. Fantastic. Truly appreciated. I wish there were 100 more of these haha

  • @sandrotsotniashvili2382
    @sandrotsotniashvili2382 2 роки тому

    It's so comprehensive and good explanation. thanks

  • @Relahxe
    @Relahxe 9 місяців тому

    This was a great practice! Thank you

  • @JahongirBekturdiyev-l8q
    @JahongirBekturdiyev-l8q 5 місяців тому

    Sir, thank you so much. God Bless You, Sir.

  • @AmanSingh-mj9ix
    @AmanSingh-mj9ix 4 роки тому

    It's helpful to understand basics
    Thank you so much

  • @nebiu8258
    @nebiu8258 2 роки тому

    You don't know it but you are saving lives in 2022

  • @taylorp8274
    @taylorp8274 6 років тому +1

    You taught me more than my accounting professor ever did!! Thank you so much. Now hopefully I can pass this final

  • @jovankakucinar2077
    @jovankakucinar2077 3 роки тому

    So amazing explanation, the best in my life.

  • @scab14
    @scab14 Рік тому

    Love this example.

  • @mdmax980
    @mdmax980 7 років тому

    Holy crap you just blew my mind. This made so much sense!!

  • @adrianmathias3895
    @adrianmathias3895 9 років тому

    Awesome tutorials to brush up... Thanks Larry!

  • @nyashasmith1275
    @nyashasmith1275 6 років тому

    Very, very, very, helpful and explanatory..... Thanks so much🤗

  • @tomlindsay7861
    @tomlindsay7861 3 роки тому

    thank you, great video simple to understand

  • @yordanostikue1933
    @yordanostikue1933 2 роки тому

    tnx u open my mind on this basic accounting

  • @pissunexus4714
    @pissunexus4714 6 років тому +1

    thank you for this great video !! helped me alot :)

  • @rkr894able
    @rkr894able 6 років тому

    Thank you! I never had a clue about the ledgers at then end, even though my professor showed us how my most of the students were baffled.

  • @alyali8637
    @alyali8637 7 років тому

    very helpful .. now i know what's it all about ... thanks ... keep it up

  • @Linkay89
    @Linkay89 4 роки тому

    Thank you very very much. You are very helpful.

  • @Rick1972mx
    @Rick1972mx Рік тому

    Thanks, it was sooooo easy to follow.

  • @danielyeroshalmi7492
    @danielyeroshalmi7492 2 роки тому

    i watched 50 videos and this is the only one I understood

  • @saquoiag
    @saquoiag 5 років тому +1

    Thank you sir! This video is very helpful!

  • @akeinujmac
    @akeinujmac 10 років тому

    such a brilliant professor..i wish im gonna meet him

  • @adriencabanel9126
    @adriencabanel9126 4 роки тому

    aaaye g, really appreciate it, much love from Germany and india

  • @stephanielanderos7859
    @stephanielanderos7859 3 роки тому

    wow this was very easy to understand, thank you!

  • @Deathsight580
    @Deathsight580 9 років тому +2

    Thank you for these videos!

  • @GuilhermeAlves-ft8ff
    @GuilhermeAlves-ft8ff 4 роки тому

    congrats, very easy to understand. thank you

  • @miriambonilla6407
    @miriambonilla6407 4 роки тому

    Thank you! I appreciate your help sir.

  • @Spince28
    @Spince28 8 років тому +1

    Bless you Mr. Lazofson

  • @ZamatoElite
    @ZamatoElite 3 роки тому

    Very helpful, thank you.

  • @farkhoddosanov994
    @farkhoddosanov994 3 роки тому

    Great! Thank you a lot! Easily understood!

  • @nadiasweetland
    @nadiasweetland 11 років тому

    Great examples. Thanks!

  • @RoOoRi100
    @RoOoRi100 10 років тому +3

    thank u sooo much i think i'll get an A+ because of u !!!!!!!!

  • @Natureblasts
    @Natureblasts 3 роки тому

    God bless you, You're the best

  • @hussainalhamed302
    @hussainalhamed302 Рік тому

    You are a legend ✨✨✨🙏🏻

  • @nassernathan
    @nassernathan 3 роки тому

    I value your work

  • @lauram7416
    @lauram7416 5 років тому

    Really good omg!! thank God I found you !!!!

  • @Ethan.Realty
    @Ethan.Realty 5 років тому

    Just what I needed thank you

  • @jennyalcantara5964
    @jennyalcantara5964 4 роки тому

    THIS IS SUPER HELPFUL!!!!!!!

  • @fathinmahirah
    @fathinmahirah 6 років тому

    thank you sir. u help me so much with you clear explanation😍😍😍

  • @GloriaCopeland563537
    @GloriaCopeland563537 9 років тому

    Thank you, love the way you teach

  • @mubeenshoaib799
    @mubeenshoaib799 8 років тому +4

    Thank you very much Sir. I hope you're videos r being monetised! :-)

  • @craigabrahams9913
    @craigabrahams9913 2 роки тому

    Thank you so much, this helped alot

  • @S97b
    @S97b 2 роки тому

    Thank you so much, finally I got it

  • @Driving4bangers
    @Driving4bangers 4 роки тому

    This is great review

  • @tiarakirksey1633
    @tiarakirksey1633 6 років тому +4

    Thank you thank you THANK YOU!!!!

  • @elvinabdullayev2451
    @elvinabdullayev2451 8 років тому +1

    It was very useful for me ! Thanks !

  • @mikeynyc6857
    @mikeynyc6857 4 роки тому

    Would love to see you explain a income statement in relation to a balance sheet .

  • @merymgwatu3782
    @merymgwatu3782 4 роки тому

    Thank so much for this video are awesome

  • @sasosaso5995
    @sasosaso5995 4 роки тому

    very clear. Thanks a lot.