Double Entry Principle - How To Record A Transaction On The Debit and Credit Side Of The Account
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- Опубліковано 25 сер 2024
- The double entry principle states that for every debit entry in an account, there will be a corresponding credit entry in another account and vice versa. This is the major rule for recording into all ledger accounts.
To debit an account means to record a transaction on the debit side of the account (left-hand side)
To credit an account means to record a transaction on the credit side of the account (right-hand side)
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I will say this again the teachers on UA-cam are much better explainers than most teachers in school. This is so much more understandable
This whole time I have been stressing as I struggled to understand how double entry worked. I felt bad about my self, now I am finally beginning to understand. thank you
Likewise
It makes me cry self that I didn't know it 😭
By far the best video I've seen on double entry. I completely understand.? Thank you so much.
You’re welcome!
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Thank You so much.Watching here from Papua New guinea.
Great lecturing and understandable way you are explaining. As I am a beginner of Accounting.
8
I also had problems understanding the double entry system, but this video has just given me all I wanted in a very simple and straightforward way. God bless!
Watched a lot of double entry system videos. However, yours was the only one that made sense thank you so much!!! life saver. May God bless you and your family.
To God be the glory. Feel free to enroll in our courses at hstutorial.com/courses
My accounting master confuses me with his tables but so glad it's that simple here
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Me too
Perfect video, easy to follow and easy to understand! I recently received my job offer from Grant Thornton and in anticipation of starting the ACA I wanted to get my head around 'Double Entry', this has given me a solid foundation! Thank you HS Tutorial.
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Unbelievable teacher. You're really great.
Thank you 🙇🏾
wow great teacher! Love how he makes the lesson simple.
Thank you for this. I am a law student in South Africa... we have to do basic accounting for our professional entry exams. So simple explanations like this are very helpful...please do more examples involving legal transactions like property purchases
This has opened my mind after understanding the giving side (Cr) and the receiving side (Dr). Thank you so much and i continue to follow you till my course is complete🙏🙏🙏✍
You are the best teacher i have ever seen in accounting. Because you made is very simple from the beginning!
Thank you so much 😊
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Thank you so much, this helped me understand at the last hour before a quiz lol
Bro I love you, resit tomorrow and all the other channels overcomplicate the whole giving and receiving concept
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thank sir for simplifying things for us
The positive comments had me pause to watch and I really understood it thank you soo much .
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@@hstutorial alright sure thank you
Really I appreciate fr e simplicity u hv made fr me thnks very much
This is the clearest explanation i have seen on doubl entry principles.
I had so much trouble trying to understand this in my college class but this video really helped me out so thank you !!
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Thank you the tutorial was simplified and easy to understand.
You're welcome, sir
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Am enjoying your lecture very much
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I'm watching this to prepare exam on Monday with this chapter thnk you i understood very well
thank you very much .. God will continue to open more doors for you.
Amen. And you too. Thank you so much.
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Love from India! 🇮🇳
Literally you made it so easy
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keep the poa tutorial coming because i understand your teaching
I have understand you your a good teacher
Thanks for the video it really helps me a lot 🙏🙏
May God bless you sir🙏!!! Watching from Guyana 🇬🇾 I understand accurately more so than my accounts teachers
I will also check out the website and do the assignment
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This was Amazing
i'm new here but wont deny that your videos are superb including those im not done watching
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I understand
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Thanks sir much love from zambia
You are welcome. To God be the glory
Thank you so much for your help..
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I love ur teaching
Very clear and precise
Thank you. I^m glad you got value from the lecture.
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Thank you for the support
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I am unable to download the summary and the assignments as well. The link is not functional. Please resolve it. Thanks
This is literary the best and most understandable video I've found on double entry.....love it...
Good staff,keep the fire burning
Goood morning sir, You're the best accounting teacher , God bless you
Thanks brother
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Thank you sir
Easy to understand
Best video so far! Ah! Why am I just seeing this video!😊😇
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Like ur video straight n simple to understand.
Thank you 🙇🏽
Your the best, you give yourself enough time to explain, wow your are indeed the of them all❤❤❤❤❤
Thank you this is best video on double entry ever I completely understand
Thank you very much I am having business studies exam tomorrow
You're welcome. I wish you the best.
Best tutorial 💯
Man this video was so understanding and so fluent ,I did not know how to do a cash book but this video helped me so much THANK U
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Woaw so clear sir thanks so much😘
You make me to understand double entry well thanks
This video really helped me to balance my transactions thanks so much
Thanks sir u have helped me to understand it thanks ❤🎉
Thanks very much
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You are a good teacher thanks alot
Best I've seen and understand. Thanks alot
Very clear,, helpful and understanding
Thank you so much Sir. you have really helped me to prepare for my exams
Help with the suspense aswell
fantastic explanation thank you very much. from Brazil
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A very helpful video for beginners. Thank you so much.
Thank u so much u really helped alot
I was confuse about this topic now I understand it thank u
Pls can u make a video about Business organization
Noted!
Great job was helpful
Thanks sir , i understood now. No more blur at class 😂😊
Very helpful video, thank you so much. All the doubts cleared.
Thanks sir
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You are understanding
Thanks so much dear
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Very best video I am understanding leature . I am Pakistani ❤❤❤
thanks bro, you helped me
I understand this better. Thank you so much.
I have not seen the assignment though.
Thank you sir 🙏.
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Good explanation
Ah thank you,, i now understand something,,,
thanks be blessed you made me pass my exams
It’s easy to understand thanks alot
Appreciate this video. It has really given me insight.
successful transfer of knowledge
THANK YOU THIS REALLY HELPED ME WITH MY FINAL EXAM
TO GOD BE THE GLORY. I WISH YOU THE BEST 👍🏽
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I Am waiting on ur help pls
@@haanakhan1261 Ok. What help do you need, please?
HS Tutorial
Can you help me with this transaction: took $100 out of the bank and put it in the cash till.
Pls provide an explanation to ur solution also. Thank u
Thank you!
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I have an assignment please!!
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