5 Accounting Journal Entry Practice Problems - Test Yourself!

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  • Опубліковано 12 вер 2024
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    0:32 Problem #1 - Journal Entries
    3:07 Problem #2 - Journal Entries
    5:23 Problem #3 - Journal Entries
    9:12 Problem #4 - Journal Entries
    12:03 Problem #5 - Journal Entries
    In today's video, I will show you 5 Journal Entry Practice Problems to help you Master your Exams!
    This will be one of many journal entry videos. We go through 5 different practice problems, a mix of multiple choice and short answer. Journal entries aren't that tough once you master the way to tackle these problems. In accounting, if you just follow the rules, you can answer any question with ease!
    SUBSCRIBE SO YOU CAN MASTER ACCOUNTING!
    / @accountinguniv
    ********************************************************************
    Comment Below if you have any questions!

КОМЕНТАРІ • 11

  • @Accountinguniv
    @Accountinguniv  2 роки тому +2

    Test Yourself with Journal Entry Practice Problems! What kind of Test Questions do you want to see more of?

    • @shaileshbaraskar2334
      @shaileshbaraskar2334 2 роки тому +2

      Accruals and deferrals, P&L, balance sheet, trial balance, General ledger

  • @pure_zed
    @pure_zed 2 роки тому +2

    amazing video, thanks for the help man!

  • @rickyyadav4740
    @rickyyadav4740 Рік тому +2

    How to purchase your course

  • @questionresearch8721
    @questionresearch8721 6 місяців тому

    Thank you for this video.

  • @TromboneMusicMS
    @TromboneMusicMS 11 місяців тому +1

    For the second question with Payroll expense, couldn’t I credit Cash instead of Payroll Payable?

    • @Mfitzgeraldloti
      @Mfitzgeraldloti 7 місяців тому +1

      No, because cash does not go out until 1st week of April. Credit cash would decrease cash and assets in the wrong period (March).

    • @TromboneMusicMS
      @TromboneMusicMS 7 місяців тому +1

      @@Mfitzgeraldloti I’ve learned more over the past months and I understand. Thanks!

    • @Mfitzgeraldloti
      @Mfitzgeraldloti 6 місяців тому +1

      @@TromboneMusicMS Me too! Always learning 😁

  • @BimmerBabe
    @BimmerBabe Рік тому

    THIS WAS GOODDDDD!

  • @KC-sm8if
    @KC-sm8if Рік тому +1

    still helpful until today