7. Journal Entries - Problem Number : 1

Dear Friends,
To follow the all the topics of “Accounting For Beginners”, please follow the given Video Link:
• 1. Accounts Introducti...
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy - Part : 1
• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
2. MEFA (Managerial Economics & Financial Analysis)
• Accounting Basics For ...
3. Business Law
• Introduction of Busine...
4. Statistics
• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
6. Cost Accounting
• 1. Cost Introduction ...
7. Business Economics/ Managerial Economics
• "Introduction To Busin...
8. Basic Introduction Chapter of Financial Accountancy
• Accounting Basics For ...
9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Organization & Management (BOM)
• "Characteristics & For...
14. Career Options
• BEST CAREER OPTIONS AF...
15. Company Law
• "Introduction & Featur...
16. Bills of Exchange
• 53. Introduction To "...
17. Non - Trading Accounts
• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
19. Recommended Text Books For Commerce & Management Subjects:
• "Business Law" Only On...
20. Consignment Accounts
• 1. Introduction of Con...
21. Joint Venture Accounts
• 1. Joint Venture Accou...
22. BCRW (Business Communication & Report Writing)
• 1. Introduction To Bus...
23.Advanced Accounting ( Valuation of Goodwill & Shares)
• 1. Valuation of Goodwi...
Don’t forget to share these videos.
Sharing Is Caring….
Stay Blessed & Good Luck 😊
Follow my other Channels
1. Dr. Devika Bhatnagar (Soft Skills & Motivational Channel)
/ devikabhatnagar
2. Carnatic Veena Classes by Devika Bhatnagar
/ @carnaticveenaclassesb...
3. Devika Bhatnagar’s Telugu Channel
/ @devikabhatnagarstelug...

[@devikascommercemanagement]

Please make a note:
Made a mistake at
@ 16.37 Date 12th
Amrit lal a/c dr 1000
To, purchase returns 1000
@ 18.30 date 15th
Sales Returns a/c dr 200
To Arvind a/ c 200.
Both the transactions are credit. So there is no question of taking cash.
Sorry for my mistake.

[@narsimhad9348]

I don't know how many years of experienced with this subject . But your explanation is too good madam . We can easily learn this subject from you . Tq u madam for posting this in TH-cam .

[@lakshmanabanki8900]

Tq mam

[@mounyamerugu5900]

Thanks ma'am 🙂

[@auxipre6801]

Mam i have doubt. Shall i ask? Y don't we consider capital a/c as personal a/c. Becoz this is owner's equity. Always i have doubt regarding capital and drawings are come under which account.

[@dinesh1732]

@@auxipre6801 yes capital a/c is personal as per entity concept business and owner are different that is reason

[@user-oj1eg1jq4u]

1day before exam 😂

[@abhiramshanigarapu9888]

Today is my exam after 1 hour 30 minutes 😂

[@yogithasree006]

2hrs before😂

[@onepieceking07]

No 1hr before

[@theksboobalan]

1 day before

[@rkvideos4452]

20 minutes before exam👽

[@vishwavikas7390]

The first you tube personal Chanel iam watching whithout asking for Subscribe and Likes 😊 mam you won our hearts ❤️ Thank you 🙏

[@online_shop700]

I am new to accountancy field. Am very impressed Your way of teaching. This could help to more students who are going to study accountant first time like me.Thank you mam. Thank u so much...

[@PAVANRinkle07]

I am hotel management student I watch videos before 1 day before exam I learnd better then whole collage days😂

[@devikascommercemanagement]

Good luck 👍

[@SalmanFaris-bb3ew]

😂 True

[@saiviveksingam4084]

Broh do you have notes I'm also a hotel management student day after tomorrow I have exam

[@relax3918]

Same bro

[@lawrencemumba9208]

Kikikiki liar!

[@thisisateeb5327]

This was really helpful everyone are asking huge paychecks for teaching me this... I am not able to afford that but you are teaching me free of cost infact not just me but every student who needs this.. Thank You from my Heart!!!❤️❤️

[@devikascommercemanagement]

Don't worry about money, I am with you all.
Follow this link with out leaving any lesson for strong foundation in Financial Accounting.
Wish you good luck 👍
th-cam.com/play/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr.html

[@sigmamale6803]

I love how mam is trying hard to give her 100% to understand everyone 🌼

[@shamakdhiru]

arey what is sigma male doing here

[@ruksanamajeed2751]

Maam, I was so confused in entering these accounts...I just feel so happy right now that after seeing your video i was able to do the problems in my textboo much easier..Thank you so much Maam🙂

[@kolaganimaneesha346]

Thanks a lot mam iam very tensed about my exam but from now iam some what free of tension I understood

[@srinivasgoud8393]

Happy Teachers day to Devika madam, Having your classes in TH-cam is a blessing. TQ for videos madam🙏🏻

[@shatharashiramya5363]

Thank you so much mam.....The way u your are teaching.... made this subject more easier 😁

[@atreyeepal3643]

i am a science student... thank u ma'am for teaching so well.

[@lyricalgamingworld]

Why?

[@theshivamsharmafilms1810]

@@lyricalgamingworld 🤣 Knowledge Bhai

[@jyotisawant4836]

Science la pn ahe ka he journal

[@rebekhasweety8477]

As an science student why??? Did u need journal entries???🤔🧐

[@theshivamsharmafilms1810]

@@rebekhasweety8477 Knowledge Ma'am Knowledge ❣️

[@lsmvids]

One in billion you are madam, Great teaching

[@manjulashyam3841]

Maam you've very good at explaining maam. I'm very proud to be your student in this..

[@aravindvasudev7921]

Thanks for the wonderful explanation. It helped me a lot. Journal entries are the base for Ledger Posting, Trial Balance, Profit and Loss Account and Balance sheet.

[@Shreya-mt6th]

The way you carry yourself is truly admirable mam...thank you mam for the wonderful teaching....

[@indhujapradeep2681]

Really very great madam your very t
eching experiences very per

[@sanjay_j8889]

Madam really thanks for this great help. I understand journal entries crystal clear only because of your teaching . Let god give you 100years of life for you teaching career. 🙏🙏👍👍

[@devikascommercemanagement]

Good luck 👍

[@sefalid1393]

mam i didn't know where to learn online there are so many channels found your's accidently...but its really helping me a lot

[@devikascommercemanagement]

Follow this link and good luck dear Shefali👍
th-cam.com/play/PLLhSIFfDZcUXEs3UhIv5tMn6AAU1GNnPr.html

[@sefalid1393]

Thank you mam❤️

[@HappyHarbor32]

Madam, you are explaining in a very easy way, I am learning it without any doubts and I am following this series regularly to learn accounts. I am confident that I will have a good knowledge of Accounts by the end of this series, thank you very much Madam

[@deepikavijay4829]

Super explanation mam. Made me to remember my accounts teacher. Thanks

[@user-fi2cm2oy1m]

Thank you mam your life more n more successful achievement mam your video all people are very helpful 🙏🙏

[@seemanethaji1618]

I have a doubt, when goods return to aravind it is a purchase return and it is written to arvind a/c dr 1000/- to purchase return A/c 1000?

[@rowthulanavya4350]

Because of aravind returning goods it is a type of loss so debit all losses and aravind gives goods back so we gives him cash ,credit what goes out

[@ramanujphukon3355]

Not a single doubt mem...after watching ur video.... 🙏🙏🙏

[@akhilkumar9009]

Just by seeing your videos I have completed my graduation tq mam🙏❤️

[@AshokKumar-vb7fy]

Your talking is very nice in English

[@mlakshmi5843]

Mam your teaching is fabulous 😘😘 thankyou mam 🥰🥰🥰🌺💟😘💝💕💞

[@yeturidhiraj9226]

Hello mam, I'm a new subscriber to ur channel. I understood very clearly about journal entries and I'm very clear about that. tq so much mam for helping students through ur videos

[@pasulotianushaanu1366]

Excellent teaching mam......I felt very difficulty but now iam feeling easy

[@syedzoheb419]

Thank you mam I finally understood journal entry thanks to you. This will help me in my exam Tomorrow.

[@devikascommercemanagement]

Good luck 👍

[@dineshraj5519]

You are great mam.. God's gift for all private students. Thanks mam

[@yonabindu6464]

Thank you soo much. I am very poor. In accounts. I am science student. .. entered bcom ,. My clg. Sirs. Are jet speed. No basics teaching. I found your chanell by god's grace. Tank you soo much ❤️

[@swaroopnayak7795]

Mam,
I reallly thankfull to you mam because I learned to easy in your class 3days before the exam. It's easyly understanding to me all type
1.journal entries
2.Three column Cash book
3.Trail balance so on.....
Thank you Mam😊😊

[@kappalasrinivasgoud2491]

World's best best best teacher, thank you so much mam for ur explanation.

[@sangeethajustine2255]

Mam, How easily you explain it!! Really you are an amazing teacher!! I don't know how many students would have benefited from your classes but i'm sure all of them will be extremely thankful to you. 🙏❤

[@sunithaadla355]

Iam very thankful to you madam 🙏

[@rajkothari4232]

In the June 12th Transaction why did u mention Cash Dr.??
Since It is not mentioned on cash. I think it should be Amrits account.

[@samuelprince1312]

Yes right

[@VenkateshVenky-ob5mk]

Bro this is which unit??

[@shivangiverma1836]

Yeah I was thinking the same

[@shivangiverma1836]

And also in june 15 transaction

[@lynx15812]

Good thing I didn't make another comment... coz I too have this same doubt.

[@arshiabegum7918]

Exactly after 12 hours i'll be writing my exam and now i am studying than u mam for teaching this easily

[@devikascommercemanagement]

Good luck Arshia👍

[@Mawa_Bro...444]

As Freshers of Graduation of B Com we are asking you to do video of class on Tally mam you have good knowledge on Accounts so Excepting you to make a Video on TAlly

[@siripurapusandhya_1501]

thankyou mam.for giving me wonderful knowledge . you are teaching very well.

[@sravaneee]

Awesome teaching ma'am... Thank you very much

[@varshavarshu9811]

Happy teacher's day mam

[@MohdZaid-lk8rn]

Very clear and wonderful explanation thank you so much mam

[@thejas5325]

Thank u mam this video very helpful for science background students to learn

[@bhavya29_31]

Mam thank u so much it's very clear I m not able to understand this from months but with in few mins I got it🙏😃 thank you mam

[@sarawaheed6985]

Ma’am you are reallyyy really good at explaining.!! Tomorrow i have my exam and i am abke to do this sum really well just by watching once.!! Thank youu💕

[@devikascommercemanagement]

Good luck dear Sara👍

[@mohdmmedfaisal]

good luck🎉

[@anusharajesh952]

Thank you maam... Your videos helped me clear my foundation exam😇

[@kuruvaprabhakar1675]

Madham I really very happy mam but me class vary useful information tq mam

[@hirakjyotich0735]

You're a very Good teacher❤Thanks Maam

[@thobilemasoka6655]

For the first time i was able to score 87% in Accounting, thank you so much ma'm... Keep the good work 💖💖💖💖💖💖💖

[@devikascommercemanagement]

Congratulations and have a wonderful career 👍

[@AbidAli-hs9uh]

Thank u so much mam.❤️ I learned very easily. U teach much better..☺️

[@queenjiminshii91]

Thank.you maam for the wonderfull teaching☺😊😊

[@munjamashokmunjamashok9790]

Mam your teaching very exactly mam I got this concept very easy mam really very very a lot of thank you mam

[@tsaisurya]

Mam, in June 15 entry when Aravind had purchased via credit why cash is used for his return goods instead of his personal account?

[@wonderkiddo4608]

I am an 8th class student and I want to become a C.A so my father recommended this playlist it is helping me learn the basics

[@surendrad2089]

how to identify the credit transaction as u said in credit transaction we will take name where to take name and not to take

[@devikascommercemanagement]

For example "Sold goods to John" , this is credit transaction because cash is not mentioned. When cash is not mentioned we should take name.
Finally the entry will be
John's A/c Dr
To Sales A/c

[@pumpkive]

@@swethachinnamilli6771 it's also a personal a/c.so Tata LTD A/c Dr
To sales a/c

[@Inspiredclips_]

Thankyou so much mam the way you are teaching is incredible 😍👍

[@raghunerella9064]

Such a neat n clean explanation

[@balaji01044]

Mam, superbly explained!!

[@mathikumar2991]

Thanks for Good lecture. I have a question in Goods returned to Amrit lal. where no cash payment taken place, then why Cash A/C debited?. My understanding Amrit lal A/C Should be debited

[@g.pruthvinarayan2352]

Thank you mam I came to know many things

[@sipudas7961]

Real good structure

[@shohomb4876]

Watching your videos to work in Tally, thank you ma'am for the video

[@kanna1852]

Thankyou so much mam it's easy to understand the problem now you made this concept easy for me thank you mam

[@Bhanu___2110]

Thank you mam for wonderful explanation 🙏🏻

[@nehepohamutenya]

I just need more you are doing great things for students

[@devikascommercemanagement]

Sure👍

[@vamshirudrapelli1276]

Thank you mam

[@tribikramdebangshi5537]

Mam i am form engineering background but now I am understand able this things. After watching your video

[@devikascommercemanagement]

Good 👍

[@captainjacksparrow5463]

💯💯💯💯 understanding 👌👌👌👌👌 super madam 🙏🙏🙏🙏

[@nandhancutepillagadu6303]

I am not regular student ,,,I am seeing this vedio one time,,,I can't do it 😊 thank u so much

[@rajkothari4232]

Excuse me ma'am. In the June 10th transaction you mentioned Amrits transaction.
But since kapil has purchased goods from Amrit on credit. Amrit will *Receive* money later. And Amrit is personal A/c. Don't you think that Amrits a/c should be debit since he will *Receive* money later?

[@nithinkumars5598]

Thank you so much mam, it was very helpful.

[@duvvarevathi900]

Ur very great mam ur role model to us

[@ggreddy3568]

Thanks mam. I understood everything clearly

[@rachitpandey3941]

Paying lakhs of fees in college yet concept are not clear but in your lecture it's easy to understand

[@mamathayogish5938]

Thank you ma'am I understood neatly..🙏

[@savinfreefire7286]

thank you mam i under stand after seeing this vedio

[@mounika6205]

Thanks you mam for explaining d problems very easily

[@syamakolat7042]

Hai mam.. Your class is super cool.. I'm from science background .. but you are explaining such a manner that anybody can easily understand .. thank you.. 🙂

[@devikascommercemanagement]

Good luck Syama👍

[@syamakolat7042]

@@devikascommercemanagement mam , can ask you a suggestion ?

[@sindhupriyayalagandula8423]

Mam the way of your is next level 🥰. Thank you soo much mam for uploading the videos on accounts. I am in love with your explanation mam . You are the best teacher .

[@devikascommercemanagement]

It's my pleasure
Practice well👍

[@CinemaPicchodu1]

goods returned by aravind. The entry is Sales Return a/c dr to Aravind a/c( earlier we debited him), because of this Aravind ledger a/c balance Nil i.e. (4000 -200-3760-40)~(cr.sales-returns-cash received-discount). but mam told that Sales Return a/c dr to Cash a/c

[@devikascommercemanagement]

Yes, what you said is right.
I have written wrong.

[@samarthshenoy1092]

Maam you made the concept very easy.. Thank u

[@jobinjoseph9305]

Nice class madam. Now only I understood journal entry system. Thanks

[@YasinKhan-fm1fv]

thank you mam I can't understand general entry but watching this video I am able to make journal entry

[@sony1095]

This is the best channel I have seen thank you mam 🙏

[@devikascommercemanagement]

Good luck dear Ratna👍

[@aruni46]

I am really very thankful.it helped me in corona time

[@devikascommercemanagement]

Good luck dear Ramya👍

[@user-ne3xs4ze3z]

Tomm is my exam mam I saw ur video easy ur understanding the problem mam to us

[@devikascommercemanagement]

Good luck 👍

[@nitik6813]

im so grateful that i found this channel your teaching is so good.... thankyou mam

[@devikascommercemanagement]

It's my pleasure
Practice well👍

[@vishnualli7956]

Thanks mam for ur great teaching

[@sindhuradha400]

Thank u so much mam....u r an amazing teacher ❤️

[@rushipavan3339]

Madam tq so much so many doubts clarified

[@chanukyabendi4132]

Thank you very much mam but i have one doubt mam. If we buy assets in which account we have to mention that either in real account or nominal account. Plss reply mam

[@devikascommercemanagement]

Real account

[@vasanths5472]

Thankyou for teaching

[@kasturi3591]

That is really helpful Ma'am thank you so much!❤🙏 it's far than the college.

[@knowledge32133]

Hello 👋

[@saivarun588]

Your are the finest teacher

[@sbanerjee8865]

Mam u teach amazing ❤❤🎉🎉
One thing to say - sales returns a/c dr
To cash a/c will be on 15 th june by mistakely u wrote 10 th june ...anyways lots of love mam ❤❤❤❤❤❤❤❤❤❤

[@kotireddy540]

Thank you mam mee classes very useful in EXAMS time

[@sujathaupputuri7611]

Tq so much mam

[@stelingtonumiong5575]

🤗🙏🏻🙏🏻🙏🏻you always my favorite teacher mam thank you❤🙏

[@dharvathsaru6263]

Madam thank you your teaching is so good and easy subject

[@jaikumarscr7608]

Tq u so much mam for explaining very well

[@madhukumarchangali2990]

Crystal clear..!