Rules of Debit and Credit | Modern Method | #3 Journal Entries Accounting | Class 11
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- เผยแพร่เมื่อ 11 ส.ค. 2022
- Rules of debit and credit, Modern method rules, Golden Rules of Accounts, Tally, How to pass Journal entries, golden rule account, golden rules of accounting with journal entries in english, golden rules of journal entry, golden rule account in hindi, rules of debit and credit class 11 chapter 9, rules of debit and credit class 11 chapter 6, rules of debit and credit class 11 chapter 4, Real, Personal, Nominal Accounts and Golden Rules of Accounting. Golden rules of Accounts, what is personal accounts , what is nominal accounts, what is real accounts,
Journal entries Champion Series Playlist :
• Personal , Real and No...
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𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐅𝐮𝐧𝐝𝐚 𝐀𝐩𝐩 𝐟𝐨𝐫 𝐢𝐨𝐬 (𝐔𝐬𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐝𝐞 𝐅𝐔𝐍𝐃𝐀)
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𝐂𝐥𝐚𝐬𝐬 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 : • Class 12 Accounts Clas...
𝐒𝐭𝐞𝐩𝐬 𝐓𝐨 𝐭𝐚𝐤𝐞 𝐭𝐡𝐞 𝐓𝐞𝐬𝐭
1. Download “Accounts Funda” App (Android Phone)
a. play.google.com/store/apps/de... ( Android)
b. apps.apple.com/in/app/myinsti... ( Apple ,Enter ORG Code : FUNDA)
2. Register as a Student
3. Go to Course : “Class 11 Accounts | App Access | CBSE/ISC | Full Course | 2022-23 | 160 Hours | 400 Questions”
Link is on-app.in/app/oc/73127/funda
4. Click on Content
5. Click on “Chapter 5: Journal Entries”
6 Attempt the Test
Real Account
• Represent the Assets and Properties Accounts:
• Classified into
1. Tangible Accounts: Land, Building, Machinery, Cash, Furniture,
2 Intangible Accounts: Goodwill, Patents, Trademark
• Generally, have a Debit balance only
• Golden Rules of Accounting for Real Account
- Debit: What’s comes in
-Credit: what’s goes out
• Example: Furniture Purchased for Cash Rs 5,000
Furniture Dr ( Coming in) 5,000
To Cash ( Going Out) 5,000
Personal Account:
• It Represent the person or Business (Firms, Proprietorship Firm, Company etc)
• Can be classified into three
1. Natural Person: Vaibhav, Neha
2. Artificial Person: Reliance Industries, Wipro Ltd , HDFC Bank
3. Representative Company: Outstanding Expense , Outstanding Salary , Prepaid Rent
• They can have Debit or Credit balance
• Golden Rules of Accounting for Personal Account
-Debit the Receiver
-Credit the Giver
• Example: Cash Given to Neha Rs3,000
• Neha Account Dr (Receiver of Cash) 3,000
To Cash (Going Out) 3,000
Nominal accounts
• Related to Income / Gain and Expense /Losses Account
• All kind of Income and All kind of Expense are classified as Nominal Account
• At the end of year, they are transferred to the Trading Account or Profit and Loss Account
• Golden Rules of Accounting for Real Account
-Debit: All Expense and Losses
-Credit: All Income and Gain
• Example: Salary Rs 12,000 Paid
Salary A/c Dr ( Expense ) 12,000
To Cash ( Going Out) 12,000
𝐅𝐮𝐥𝐥 𝐂𝐨𝐮𝐫𝐬𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞
Class 11 : accountsfunda.com/product/acc...
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𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞 𝐨𝐟 𝐏𝐞𝐧 𝐝𝐫𝐢𝐯𝐞 / 𝐌𝐞𝐦𝐨𝐫𝐲 𝐂𝐚𝐫𝐝 𝐕𝐢𝐝𝐞𝐨 𝐋𝐞𝐜𝐭𝐮𝐫𝐞 𝐨𝐟 𝐂𝐥𝐚𝐬𝐬 11 𝐭𝐡 𝐂𝐥𝐚𝐬𝐬 𝐛𝐲 𝐂𝐀 𝐃𝐞𝐞𝐩𝐚𝐤 𝐋𝐚𝐥𝐰𝐚𝐧𝐢
• Full Syllabus Covered
• 400 Question Solved in over 160 hours of video Lecture
• Very Detailed Lectures
• Each topic has been explained in most Simplified Way Possible
• Question Bank Book Covering all the question that can be asked in exam has been explained in video lecture
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𝐀𝐛𝐨𝐮𝐭 𝐃𝐞𝐞𝐩𝐚𝐤 𝐋𝐚𝐥𝐰𝐚𝐧𝐢
• Deepak Lalwani, Chartered Accountant (CA) is known for his ability to explain accounting in a clear, concise, Simple and thorough manner.
• He can be reached at 9549168168 ( via Call or WhatsApp)
आपका पढ़ने का स्टाइल तो कतई जहर है sir 👌
It was an amazing lecture sir . Firstly I Don't Know About Accounts But I Have U Now And U easily Helps Me in understanding of accounts. Thank You So Much ❤️❤️
You are the best sir for us ...your teaching style very mind-blowing 👍👍
It was an amazing lecture sir. so simple to understand and apply.
today i was looking for some accounts videos and came across your, never thought anybody can explain accounts soo well,you are doing a great job sir...i watched 3 videos of yours and all are amazing. may god bless you sir.more respect sir🙏
I'm a student of class 8. Hamare school me class 8th se hin commerce padhaya jata hai.mujhe class me Kuch nhi samajh aata tha it was really helpful for me thanks sir...
@@siddhantshivam7857 can I have ure whatsapp no
Kon se State m 8th se hi commerce padhaya jata hai???
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@@monicasingh8115 I'm currently living in Bihar...
@@hareshchander85 Jhut bol Kar mujhe kya milega.....Aur aisi koi baat nhi...kyunki ICSE stream ko follow Karne wale schools mein class 9th me Computer ya Commerce mein se koi ek sub choose karna HOTA hai and students ye na sochen ki childhood se humne computer padha hai to humen computer hin choose karna chahiye isiliye class 8th me wo class 9th ke commerce book se padhate hain so that we students can get the outline of that subject and 9th me jab hum koi bhi subject choose Karen to hum baad mein regret feel na karen........b,coz 8th class me dono sub ke experience ko Dekh Kar hm apne interest ko pursue Kar sakenge aur ye bhi pata rahega ki hm kis sub mein perfect hain😊
Thanksss alot sir here i was struggling with jourbal entry you just cleared all my doubtsss and the way you teach is sooooo amazing thanks alot ❤❤
I am learning accounting from youtube by two three youtube chanels, i got to know deferent Techniques from them. Today I learned something interesting and easy to remember Technique from you sir which is AE & LIC. which makes my learning even more easier, wow... What a Technique. Hopefully I will not forget this. Thank you sir. Love from Assam.
Very well explained
Thanks a lot ji for such a nice complement...glad that you like it :) and ya.....as per me its AE and LIC is the best way to understand Journal entry
Thanks a lot @@carolinadbritto7736
Amazing you make everything very simple.modern method is easier than the traditional method
I graduated in Science and working as an accountant and your videos helped me a lot. Thanks Sir. ❤
This is the best channel for accounting and best teacher too.
सरकारी स्कूलों में आप जैसे अध्यापक हो तो हर गरीब बच्चा पढैंगा ❤❤❤❤❤❤
Par bacha bhi acha hona chahiye
Tere jaisa nhi ho
Nice teaching sir, thanks 🙂we will never forget this ur cleverly and simple teaching method' keep it up
Thanks a lot ji
Your the best sir ........ I was worried that i dint no anything in accounts but now I have you ... You made my day sir . Thanku you very very much
Thanks Vijay....dont worry...mai huu naa Accounts kai liyai :)
Ok sir
(1) Cash A/c Dr. 50,000
To sale 50,000
(2) Electricity A/c Dr. 4,000
To cash. 4,000
You not mention narration in journal entry
Sir ye sale Account keese aya
Plz yar koi to batao
Narration being vehicle sold for cash
Being electricity paid for cash
1. Cash ac
To furniture ac
Thankyou sir🙏.. आपका समझाने का तरीका बहुत ही गजब का है ❤
Wow dear teacher, you are one of the best teacher because your this modern rule is very easy for solve entries. plz new videos upload soon because we are waiting for your all uploads..
Thanks ji for such a nice complement ..glad that u like it...just uploaded top 50 journal entry..do watch that
Electricity exp a/c Dr. 4,000
to cash a/c 4,000
(being electricity expense for paid cash
It's such a mind blowing video for journal entries in TH-cam 🤩
Thank u so much sir 🥰🥰
So nice of you for taking time and complementing ...glad that aapko acha laga :)
Furniture a/c to cash a/c
@@heenakumari2900 🙂
@@AccountsFunda❤
Thank you sir
You are a great in account subject Sir 🙏🙏
Sir aapka account samjhane ka system bahut amazing hai. I have 15 years experience in account .but i like trick . Great sir
You explained very well and in a simple way sir. Thanks a lot
Thank u Sir Aapne to saare doubt clear kr diye aaj debit credit smagh aaya h Thank you so much Sir 🙏🙏
Thank you so much sir tommorow is my exam and mujhe thode basic doubt the jo aapne clear kar diye thank u very much sir. Loving ur lectures sir . Now whenever I have doubt of accounts I will visit your channel first. thank u so much sir
Oh wow....all the best ji...u will go great in exam.....as with strong funda...no one can beat u
I am so glad from your lectures sir please keep going and post these type of lectures sir more and more thank you sir have a good day
It's really amazing sir thanks for this video 🤩
Thanks a lot ji
I was a science student that's why I was having problem in understanding but after watching sir's videos I have become a master in this subject.
सर आपके समझाने का तरीका बहुत ही अच्छा है।
Thank you so much sir.. 🙏
Sir because of you i understood very well thank you sir
Your teaching style is great sir hands up for u
Very good teacher.... simple techniques to teach...
Excellent lecture very simple to understand ❤❤🍫🍫
I like the way of ur teaching...
Thank u so much sir😊
Outstanding , teaching method .
Sir....mere paas Shabd nahi hai k apne kitni achchi video banai hai kehne ke liye...I just want to say the best teacher and the best video on TH-cam related to journal entries...thank you very much sir for helping us ...keep making such kind of helpful videos...may God bless you sir🌹
Subscribing right now for such an amezinng efforts
Thanks a lot Ilyaz for such a nice complement...this is what i aim for....happy and satisfied student......its good that you like it...hope more students get to know our channel and get happy with it :)
Very helpful video. Thank you sir 🙏
Very nice explanation sir
Thnx for making accounting easy with short tricks 👍
Ooo wow that's very nice sir it was amazing lecture for all commerce student👩🎓👩🎓👩🎓
Sir your explanation is too good thank you so much sir .
Hello
Excellent lecture.very simple to understand
Thanks Rajesh
aapki video 2-3 din se hi dekhna chalu kiya hai. samnjhane ka trika kafi accha laga.
15-4-22
Cash a/c. Dr 50000
To vehicle a/c. 50000
(Being vehicle sold in cash)
27-4-22
Electricity expense. Dr 4000
To cash a/c. 4000
(Being electricity expense paid in cash)
Thannkss❤
Correct🎉
Sir class me teacher ne bataya thaa samja nahi thaa lekin aap ki class dekhne ke baad waa sir meko pura clearly samjha sir thanks 🙏 very good job sir 👍 my almighty bless you thanks again
Thank u soo soo much sufiya for such a nice complement...☺️..glad that you like it ...and yes...god bless u too..be happy always .☺️
Sir, u r amazing.This is so easy after attending ur video
Thanks ji
Thankyou so much sir buhut video join kre pr kuch ne smaj aaya pr aapne bohot bohot ache se explain kraya sir ❤
your way of teaching is very good❤
Superb explanation ❤
You are brilliant explanation sir
Sir your system of teaching is much better excellent really I like it.
Thanks a lot ji for such a nice complement
Thanks you sir 🙏 your this video really helped me a lot 🙏
You are the best teacher of Accounting Thanks a lot ❤🌹🌹🌹
Though a science background, I found the teaching very interesting and comprehensive. Thanhs Sir very much.
Thanks ji
You are brilliant Sir very helpful video
thanks you sir giving in simple way to understand dr and cr
Your teaching style is so❤ unique sir.... Thanks❤🙏🙏
Amazing Explanation 👏 sir
Thanks a lot ji
mujhe zakeen nhi aa raha ki mera account mein interest generate ho jaye ga❤❤😅😅 thnks alot deepk sir may God bless 🎉
Very Very ❤ ... so much sir iam proud of you sir I understood a lot since you came sir 🎉🎉🎉🎉🎉❤❤❤❤ thx sir I like your teaching
Thank you sir for brilliant explanation ❤️🙌
Sir
You are so intelligent I understand your lecture
Bhot hi aasan trike se samjha Diya sir apne...thanku so much..❤️❤️
Thank you so much sir me bhot confused thi but ab nhi 😄😊
Very well teaching sir.... 🙏
Aap hum sabhi ko ese hi achi shiksha itne ache se smjha de rahe hai
Jin logo ke bilkul nahi samjh Aata accounting unko bhi smjh aa rhi hai ache se
Aapka smjhane ka tarika bahut hi shaandaar Or jaandaar hai🙏🙏💐💐💐💐thanku so much sir
Thats so nice of u murli...thats super awesome complement and glad that you like my style of teaching ..gratitude ...and thanks for taking time to write review..🙏
Thanks a lot sir giving in simple way to understand😊
Mind blowing Air 🙏🙏🙏🙏💓
Like your style of making hair in middle of explanation😅❤#Outstanding vedio🎉
Really sir u r best teacher on utube 😊
Sir your method of teaching is very very understandable thankyou very much
Hlo sir can you please give me advise related to career am so confused about my career. How will i gain my knowledge in accounts field which helps me to become a best accountant
Sir thankyou so much ... mai commerce student hu or 11th m jb acc. Liya tb corona hi aa gya 12th m bhi yhi haal rha or mai waise bhi maths m weak hu pr ab m 1st year m hu or mujhe esa lgta tha ki maine bekaar hi commerce li shyd m kuch nhi nhi pyungi qki acc. Main hota h pr aapki vdo dekhne k baad lg rha h ki agr kuch saal dil se mehnt krli naa to sb achive ho jyega...
Wow sir you are teaching mind blowing ❣️❣️😊
Sir, for single proprietorship firm, whether current account in bank is essential and whether my all prrsonal assests is considered as assest?
Very very nice Class Thankyou so much Sir 👍👍
Sir ji pair kanha hai aapke, literally sir kya bolu me no words mene kitne hi vdo dekh lie journal entry nhi ho rhi thi pta nhi kaise thanks bolu aap pahle kyu nhi mile 😭 ❤️❤️❤️
Thats so sweet of u....really felt happy that you like my course so well and taking time to complement me.....thank u soo soo much....
Itna simply aj tak koi nhi samjhya sir apne bahat acha se samjhaya apne student ki tarah very very thanks🙏🙏🙏🙏🙏🙏
Thanks a lot Ji...glad that you like it sujata
Nice experience... explained
Mere liye video bhut usefull sabit hua sir 🙏🙏👍🏻👍🏻❤️👍🏻 thanks
Same
Really u r the best sir, ure style of teaching is so marvellous thanks a lot sir🙏👌👌👌👍
Thanks a lot suman
Thank you sir for sharing this video 😊
Thank you sir so good lectures 🙏
Sir Mujhe lagta hai aap se achha koi samjha nahi sakta wo bhi etni aasaani se thank you so much sir
Aap ke wajah se mere saare concept clear ho gaye sir aap ki jitni bhi taarif ki jaye kam hai "YOUR TEACHING METHODS IS UNIQUE AND GREAT"..................................
"HAVE A NICE EVERY DAY"
GOD BLESS YOU.......
Thanks a lot Manish for such a nice complement....glad that you like it and becoming awesome in Accounts :)
@@AccountsFunda most welcome a lot dear sir
Sir answers thik hai na
Sir reply me
Sir,
apka lecture bhot acha lagta hai.
30 min ke lecture dekhu toh Aisa lagta hai bash 5 min mein khatam hogya .
Your all videos are amazing and fabulous sir 🎉🎉🎉🎉
Tq so much sir your teaching style is more effective for me
Thankyou so much for your so much effort 🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗
Thanks a lot ji
amazing explanation 😍
Thanks anjali
This is very easy sir ji jis tarah aap bata rahe hain bahut acche se samajh me aa gaya ham sir ji padh rahe the hamare dimag me kuch samajh me nahi aata tha aapka video pahle baar dekha sab samajh me aa gaya thank sir ji🙏🙏🙏🙏
Cash a/c Dr. 50000
To
vehicle a/c. 50000
(being vehicle sold to cash )
I love your teaching style😊😊
Thankyou so much sir
You are The best Teacher 😜😜😜
I don't know how to thank you sir
Thank you sooo much sir 😊😊
Bohot achhe se explain kiye sir aap.
Itna asaan v agar koe nhi samjhega to
Bekar ha.
God bless you sir🙏
So nice of u...thats a nice complement...thanksa lot ji for trusting us
Aapne itne aasaan tarike se bataya hai ki sab samajh mein gya h, jab mai 11th ,12th padhta tha tab mujhe samajh nahin aaya tha Dr. aur Cr. kaise decide karte hain
You are the best teacher account amazing lecture sir thanku so much sir🙏🙏
Superb.. daut absolutely cleared
Mind blowing Sir 👌👌👌👌
Number 1 accounting channel hai sir
Very nice Teaching , I am Proud.God bless you, Please do try for more clear....
Sure..thanks a lot jj
Nicely explained sir thank you so much ☺️
Very interesting sir .....bahot hi acche se bataya apne ...tq sir
🙂🙂Sir mai bohot canfuious tha aapka video dekh kar sab samajh aaa gya Thanks 🙏🙏👍👍👍
Thanks rahul
Wow wonderful class sir....