Accounting for Beginners | Part 3 | General Ledger (T-Accounts)

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Me too

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I can see these good lessons but will you also do a video on Financial statements and the notes 1-8

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[@SmartLady_safety]

The best accounting lessons I ever had. 👌🏾
May I ask, on the step of balancing the account what happened to the capital amount invested by the owner in a form of an asset (vehicle). Isn’t supposed to be Dr as capital?

[@Counttuts]

We debit the asset and credit the Capital account. Please see part 1 & 2 for better understanding.

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[@Oshiorenuaprecious]

Explain the balancing T accounts cause some accounts are missing there, like the R30,000 that was gotten from selling a vehicle... Plus why is the Cr side of the bank starting from 700 instead of 20,000

[@dalemakwara]

Thank you

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Very well explained

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[@barbarakhisa4515]

Thank You!

[@noorhaiderconstructionco.5142]

Can u please answer Is ledger is opposit of Jurnal ?

[@tafadzwajuma8818]

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What age teacher u r!

[@rebonemoloi8284]

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[@hope-fully21]

Wait so general ledger is opposite?? 😢how do I understand this

[@Phetthypatrah_Shamy_05]

❤

[@noorhaiderconstructionco.5142]

Honestly,
I don't understand why Capital is in Dr ad Bank is in Cr.

[@emmanuelapreku5606]

TRY to watch video 2 you will understand them

[@crispie_millions3832]

Yoh zyakhala Monday

[@brunojurado8942]

9:00

[@viviannamale6081]

Thank you so much