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Both the transactions of Rebate do not follow the rules of personal account. Here the giver is being debited in the transactions of Rebate received and the receiver is being credited in the transaction of Rebate allowed. Clarification required.
Aap sirf journal entries mei modern approach follow karo. Assets and expenses increase toh debit and decrease toh credit . Liability, revenue, capital increase toh credit and decrease toh debit. Rebate allow kiya hai toh woh business ke liye ek expense hai that's why rebate allow a/c Dr. Kiya hai. Rebate received business ke liye ek income hai that's why Rebate received a/c is cr. Hope so I can clear your doubt.
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Previous Video : Concept - Class 11th Accounts th-cam.com/video/y_SUZij6ntw/w-d-xo.html Next Video : Illustration - Class 11th Accounts th-cam.com/video/AbilRcDdV9s/w-d-xo.html
U r the best version for teaching us accounts it's too easy to understand accounts with y thank you so much for your support and hardware ✨💕💯lots of love mam.
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Clashing and clearing doubt 🧐 video i have got only from amazing platform which is most appreciated to called as " magnet brain" .. love you all greater here ✌️✌️..
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DOUBT.. Mam last question in which rebate being received from kapil... In this question how did you debit kapil? According to rule we have to debit the receiver but here kapil is the giver because he is allowing rebate to us.. PLEASE DO REPLY.
Mam aapki teaching bahut acchi hai. Lekin aapne sirf traditional debit or credit ke rules kyu apply kiye? Modern debit/credit rules kyu apply nahi kiye?
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Namaskar Mam, Please define about entry no. (ii) Amit introduced further capital Rs 100000/- by cheque but shows bank account Dr Rs 50000/- only why ???
Dear b' coz the business is dealing in goods so when the goods are purchased for resale it is entitled as purchase a/c and when it is sold is entitled as sale a/c
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You are doing awasome mam as I am BE holder but for competitive exam I have to read accounts your way of teaching is just awasome no one can ever teach in that much detail..Thanl you so much mam💖
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Accounting notes..., Thanks for being active on the channel. Do recommend us to your friends. Get All Classes & Subject Wise playlists here:- www.pabbly.com/out/all-videos-playlist
Hey there! We're glad you're enjoying our educational videos. The journal entry for cash withdrawn for office use would be as follows: Debit - Cash, Credit - Office Expenses. We hope this was helpful! Keep watching our videos for more educational content.
Yes, the videos are designed so that the teacher or instructor always comes first. This is so that the students can see and hear the teacher clearly and also so that the teacher can gauge the student's reaction to the lesson.
In 30th & 31st Q/, how debit the receiver & debit the giver rule has been applied for Raman & Kapil respectively. How Raman is the giver when we are giving the rebate & same for Kapil case?
@@jk8388 In question no. 30 there will be another account name cash a/c so...... Rebate allowed ...... Dr. 2000 debit all expenses Raman a/c ....... Dr. 2000 debit the reciever To cash a/c 2000 credit what goes out. Same concept will be used for the next question....
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Mam in journal entries at starting problems you used traditional methods of debit credit so can we used mordern also, .. If not plz tell I am confused about it
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Rebate jab hum receive kiye kapil se to hum receiver hue na ,to kapil receiver kaise ho sakta ha aur kapil account debit kaise ho sakta ha please mam🙏 , clear this doubt similarly, rebate jab hum allow kiye Raman ko to hum giver bane par Raman ko kaise giver man ke hum Raman account credit kar sakte hein? please mam , dont defy on my question .i beg you to solve 🙏
You have asked two different questions here. Let's address the first one - when we offer a rebate to Kapil, he becomes the receiver. We can only offer a rebate when we have enough credits in our account to cover the amount of the rebate. Therefore, Kapil's account must be
@@MagnetBrainsEducation but mam, according to question we haven't offered Rebate to kapil , we have received Rebate from Kapil.... I dont know, the thing i'm saying is right or wrong. please make me cleared
@@MagnetBrainsEducation I Agree nd appreciate you , but according to question we received Rebate from kapil/Kapil offering us Rebate. Neither we are offering rebate nor kapil is receiving rebate . The matter happened is we received Rebate on qs.(xxxi) please take a look nd make me cleared if i'm wrong
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Dear where is these word c/d and b/d in whole video if u know the Full form of these or u explain the video time where it is use then I can help u to solve ur doubt b coz I have watched the whole video but not able to find these word
@@artisticimpressions9154 I know sis c/d means carried down and b/d brought down C/d = To make Up for the money which Is less . This is month's last date . b/d= The money That come the next month Then I do it use .This is month's first date
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Thank you for your comment! We appreciate your feedback. We offer educational videos to CBSE school students for free of cost so maintain the context while replying to comments.
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To everyone who is criticizing the video, please watch previous videos first because you don't have your fundamentals clear.
Bilkul sahi baat
Both the transactions of Rebate do not follow the rules of personal account.
Here the giver is being debited in the transactions of Rebate received and the receiver is being credited in the transaction of Rebate allowed.
Clarification required.
Aap sirf journal entries mei modern approach follow karo. Assets and expenses increase toh debit and decrease toh credit . Liability, revenue, capital increase toh credit and decrease toh debit. Rebate allow kiya hai toh woh business ke liye ek expense hai that's why rebate allow a/c Dr. Kiya hai. Rebate received business ke liye ek income hai that's why Rebate received a/c is cr. Hope so I can clear your doubt.
Correct bhai
But rebate allowed expense to debit but Raman is receiver not the giver
Mam u r just fabulous awesome teaching this concept I understood only by u
Chanchal Kumari, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access.
Previous Video : Concept - Class 11th Accounts
th-cam.com/video/y_SUZij6ntw/w-d-xo.html
Next Video : Illustration - Class 11th Accounts
th-cam.com/video/AbilRcDdV9s/w-d-xo.html
I face lot of problem in your app the biggest problem is stop the video disappear
52:20 yaha jo transaction h usme to purchase me apne real ka kyu laga rakha h ?????......
U r the best version for teaching us accounts it's too easy to understand accounts with y thank you so much for your support and hardware ✨💕💯lots of love mam.
Very nice stedy mem i ❤❤ you mem hme itna acha smjhne ke liye
Hello namaste mis aap bahut achchha reading kara rahi hai aap aese hi vidio bonae class 11ka aur 12 ka 1to z tak kare taki ham log samajh sake
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Mam Tysm Allah aapka bhala kre Bahot mehnat se format bna kr detail.mei bta rahi h
Mam. Please provide videos for class 12th accountancy
Mam wo cash A/C mein A/C ka kya matlab hai
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Cash account
Yes ma'am you are right . Concept is power. Thank you
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☺️☺️thankyou mam ye video dekh your thinking osum hai aur u febluson ok mam thankyou,❤️❤️
Ma'am ur way of teaching is very good but try to explain more clearly......plzz
Btw i like all ur videos
Thanks you ma'am for this video❤️❤️❤️
got full knowledge of debit and credit rules thank you ma'am
Mam, purchases account to aapne paymet btayi thi but 27 transaction me apne use real account me consider kiya plese clear this doubt pf mine😢
Clashing and clearing doubt 🧐 video i have got only from amazing platform which is most appreciated to called as " magnet brain" .. love you all greater here ✌️✌️..
Shruti Mehra Shruti Mehra, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access.
@@MagnetBrainsEducation it will be all pleasure for me to look forward your channel ✌️..
DOUBT..
Mam last question in which rebate being received from kapil...
In this question how did you debit kapil? According to rule we have to debit the receiver but here kapil is the giver because he is allowing rebate to us..
PLEASE DO REPLY.
Thanks🙏
Mam 31 wale mai doubt hai.. Usme kapil giver hai dscount ka to wo credit hoga na bcoz credit the giver
Really your videos very helpful thnku
Mam last sum mai Kapil receiver kaise hua vo to rebate de rha hai?
Mam aapki teaching bahut acchi hai.
Lekin aapne sirf traditional debit or credit ke rules kyu apply kiye?
Modern debit/credit rules kyu apply nahi kiye?
Thank you Mam
Mam mostly journal entries traditional approach ke base par hoti hai ? Ya fir morden approach ke base par
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U r the best accounting mam
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Namaskar Mam,
Please define about entry no. (ii) Amit introduced further capital Rs 100000/- by cheque but shows bank account Dr Rs 50000/- only why ???
Soul Science, Thanks for the reply. Wherever possible, please recommend us to your friends.
Goods can be asset also ? Why it is purchase accout
somasish chaudhury, Thank you for watching. Do tell your friends about Magnet Brains.
Dear b' coz the business is dealing in goods so when the goods are purchased for resale it is entitled as purchase a/c and when it is sold is entitled as sale a/c
Mam I have a doubt on Q 9 to purchases return income kase hua plz reply me
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School s jayada ab samajh aaya accounts that's because of you ma'am.... thankyou so much 🎊🎊🎉🎉
That makes us so happy to hear! We're glad our videos could help you out and we'll keep trying to make them even better!
Thank you mam itna accha sa samgana ka liya
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Thank maam for good teaching and i will understand all concept and all rules
U are the one of the genius teacher for accounting subject ❤️
Mam please make videos for GSEB board
Outstanding explanation mam
Konse std me hai?
Thanku ma'am
Tnx ma'am nice teaching
You are doing awasome mam as I am BE holder but for competitive exam I have to read accounts your way of teaching is just awasome no one can ever teach in that much detail..Thanl you so much mam💖
Amazing... And easily understanding video 👍
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@@MagnetBrainsEducation OK 😊😊
@@sadiyanisha4679 hello
@@MagnetBrainsEducationbot
Is offline classes available here.?
Nice job mam. Super deal with your channel.
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Mam you are best teacher for accountancy😘😘
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U r best teacher ma'am bcs ap dil se pdhte ho👍
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Nice explanation mam
mam you explained very well
but how can we think and write the entries fast
You're doing great! Keep up the hard work and you'll be able to write entries fast in no time.
cash withdarwn for office use ka journal entry kya hoga mam??
Hey there! We're glad you're enjoying our educational videos. The journal entry for cash withdrawn for office use would be as follows: Debit - Cash, Credit - Office Expenses. We hope this was helpful! Keep watching our videos for more educational content.
@@MagnetBrainsEducation okie man thankyou
Every time the Dr entry comes first, is it by default of design ?
Yes, the videos are designed so that the teacher or instructor always comes first. This is so that the students can see and hear the teacher clearly and also so that the teacher can gauge the student's reaction to the lesson.
Really mam you are a great 👩🏫teacher 🥰🥰👌
56:00 can you explain please because the journal is wrong
Thank you so much
3:51 mam yaha par 1 lakh aayega na ?
can we do use modern accounting classification for this i.e., CLEAR
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@@MagnetBrainsEducation lol
@@MagnetBrainsEducation bejti by @noob
XIX mai receiver Rajiv hai,to kya Rajiv account Dr nehi ho sakta hai?
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Best explanation👌👌👌
Thankkkkkkkkkkkk Youuuuuuuuuu Soooooo Muchhhhhhhhh Ma'ammmmmmmmmmmmmmm ❤️😘
Mam pdf kahan se download hogi
thanks mam for providing these types of explanation🙏
In 30th & 31st Q/, how debit the receiver & debit the giver rule has been applied for Raman & Kapil respectively. How Raman is the giver when we are giving the rebate & same for Kapil case?
Kartik Sharma, Thank you for your comment. Do recommend Magnet Brains to your friends.
Yss...same doubt 🤔
@@jk8388 In question no. 30 there will be another account name cash a/c so......
Rebate allowed ...... Dr. 2000 debit all expenses
Raman a/c ....... Dr. 2000 debit the reciever
To cash a/c 2000 credit what goes out.
Same concept will be used for the next question....
@@papunayak116 But in these transaction credit and debit side will not be equal
Bro actually you're right..rule applied is wrong..mayb kapil is liable to pay the rebate..and vice-versa
U explained very well ma'am
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U are great ma'am
Thanks
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@@MagnetBrainsEducation ok maam
Very helpful 🙂
Thank you so much mam 😊😊❤
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Nice video
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Easy way to explanation 🙂
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Nice efforts
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@@MagnetBrainsEducation thanks all teachers😂
@@MagnetBrainsEducation tq🤗
Love you mam
Aap bhut acha explain kerti ho
Love you
Thanks so much mem
Ma'am I think the rule applied in 30 and 31 question is wrong kindly consider
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@@MagnetBrainsEducation pehle answer do nahi to report karduga video
I'm from kashmir n honestly u r the best teacher .. ❤️ teaching skills at its best
I guess preparing for FAA
😃😃faa
Nice
MB is the best👍💯
Mam in journal entries at starting problems you used traditional methods of debit credit so can we used mordern also, .. If not plz tell I am confused about it
MR.AKSHAT GAMING, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access.
Vaastav (THE REALITY) SANJAY DUTT
This is a great movie and it really motivates me to work hard in school.
Thank you for watching our educational videos and for taking the time to write a comment. We're glad you enjoyed the movie and that it motivated you to work hard in school. We hope you continue to
Thx
56.00 can you explain please because the journal is wrong
Well done mam 👍✨
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Thank you ma'am
Ma'am journal entry ka sutr ache se btati na vistar se ..
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Mam last question me to Kapil to giver he pr aapne usme debit the receiver ka rule lagaya he...Aisa kyu?
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wowwow
really amazing explanation
motivational video and facts, Thank you for watching. Do tell your friends about Magnet Brains.
🙏💕Thanks you maam
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Thank u so much mam .I am getting a lot of help from this channel .love from np
Rebate jab hum receive kiye kapil se to hum receiver hue na ,to kapil receiver kaise ho sakta ha aur kapil account debit kaise ho sakta ha
please mam🙏 , clear this doubt
similarly, rebate jab hum allow kiye Raman ko to hum giver bane par Raman ko kaise giver man ke hum Raman account credit kar sakte hein?
please mam , dont defy on my question .i beg you to solve 🙏
You have asked two different questions here. Let's address the first one - when we offer a rebate to Kapil, he becomes the receiver. We can only offer a rebate when we have enough credits in our account to cover the amount of the rebate. Therefore, Kapil's account must be
@@MagnetBrainsEducation but mam, according to question we haven't offered Rebate to kapil , we have received Rebate from Kapil....
I dont know, the thing i'm saying is right or wrong. please make me cleared
@@MagnetBrainsEducation My second question is similar to first one
@@MagnetBrainsEducation I Agree nd appreciate you , but according to question we received Rebate from kapil/Kapil offering us Rebate. Neither we are offering rebate nor kapil is receiving rebate . The matter happened is we received Rebate on qs.(xxxi)
please take a look nd make me cleared if i'm wrong
Now i am able to do journal entries with ease
Best taught
Ma'am seriously I can't understand journal entries clearly 🤷🏻♀️🥺🤦🏼♀️..., And ma'am what is the meaning of c/d and b/d?
Namira Aftab, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access.
Ma'am but u don't answer my question!
Dear where is these word c/d and b/d in whole video if u know the Full form of these or u explain the video time where it is use then I can help u to solve ur doubt b coz I have watched the whole video but not able to find these word
@@ishikaxi9812 dear I have learnt about carried forward c/f and brought forward b/f are these all same
@@artisticimpressions9154 I know sis c/d means carried down and b/d brought down C/d = To make Up for the money which Is less . This is month's last date . b/d= The money That come the next month Then I do it use .This is month's first date
Nicely Explained Mam
Mem aap GST ki class nahi padati hai kya
mam i couldn't understand the example no.(xx) ,could you explain it in chat box ?
`Hi! I'm glad you're watching our videos and trying to understand the concepts. I'll be happy to explain the example in the chat box. :)`
@@MagnetBrainsEducation Thanks , please dont forget to reply on my doubt
Gajab
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30:00
🙏
Hello mam
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Mam exam me statement likhna zaruri hai
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Hi
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Yes definitely
Kon kon jkssb wale dekh raha ho j&k ke students..
Ye mba ke liye bhi hi kya
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Mam Kitab kab banaenge
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Mam start enterpreneurship class 12 plz mam
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@@MagnetBrainsEducation yaaa
Achi trah samjha sali