Golden Rules of Accounts | Rules of Debit and Credit |#2 Journal Entries Accounting | Class 11

Golden Rules of Accounts, Rules of Debit and Credit, 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,
th-cam.com/users/AccountsFun...
For Free Notes/PDF/ Test and All-Important stuff 👇
Telegram Channel Link is t.me/Class11AF
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐅𝐮𝐧𝐝𝐚 𝐀𝐩𝐩 𝐚𝐭 𝐏𝐥𝐚𝐲𝐬𝐭𝐨𝐫𝐞
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bit.ly/AppAccount
𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐅𝐮𝐧𝐝𝐚 𝐀𝐩𝐩 𝐟𝐨𝐫 𝐢𝐨𝐬 (𝐔𝐬𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐝𝐞 𝐅𝐔𝐍𝐃𝐀)
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𝐖𝐞𝐛𝐬𝐢𝐭𝐞: AccountsFunda.com
𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦 : t.me/AccountsFunda
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𝐒𝐭𝐮𝐝𝐞𝐧𝐭𝐬 𝐑𝐞𝐯𝐢𝐞𝐰 : accountsfunda.com/reviews/
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
#GoldenrulesofAccounting
#rulesofdebitandcredit
#journalentry
𝐅𝐮𝐥𝐥 𝐂𝐨𝐮𝐫𝐬𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞
Class 11 : accountsfunda.com/product/acc...
For Full Class 11 /12 Video Please Visit www.AccountsFunda.com or Call / WhatsApp at 9549168168 for Class 11th and 12th (CBSE) Accounts
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)

[@AccountsFunda]

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No words...... amazing explanation actually I'm the humanities student but I'm pursuing BBA ....so, I face difficulties in accounting thank you so much sir ! For explaining this! 😊

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[@AccountsFunda]

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[@rushikeshjadhav9466]

Golden rules of account, personal accounts debit the receiver credit the giver, 2 . Debit what comes in credit what goes out. 3 , debit all'expens And losses credit And income and gains

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No words. You made each and every concept very easy to understand. .......
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Sir. Mai bcom student hu but mujhe 11th se golden rules smj nahi aata bahut confuse thi....but ab bhut acchi tarikhe se smjh payi ..thank u so much sir

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Excellent presentation of subject. Fast faced, time saving.🎉

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Sir me tally seekh Raha hu aur 3-4 din se entry pad raha hu lekin kuch samajh nahi aa raha
Lekin aapki basic se 4 class dekhne ke baad pura clear ho gya
Thank you so much sir for this excellent video 🙏🙏🙏❤️❤️

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Hahaha...thats so nice of u...thanks for such a nice feedback

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Thanks Kamal

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Thank you so much sir.. 🙏 you explained vry smoothly.. and it was really easy to understand every step.. thank you very much sir 🙏

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Thanks a lot ji....glad that you like it

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Hello Deepak sir, This is Helly. I am working in accounting firm right now, but however my account funda is not that much sound. but i have seen your video from basic and it is helps me a lot. moving forward also i will watch. you are truly energetic. Thank you for your guidance. It will help me in my professional. and all the very best for the upcoming video. Have a good day ahead! :)

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Awesomely nice explanation!

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sir aapke baal pichee karne ka stylee aaaahhhhaaa 😂🥲🥲🥲😍

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Thank you very much sir literally my accountancy teacher was not able to clear my doubts. this topic was very complicated for me to understand but you cleared my all doubts thanks a lot .

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Amazing explanation, even being a noob in accounts I feel to have understood it well

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I rarely comment on any video....your conceptual teaching is just Awesome 🙏🏻🙏🏻🙏🏻

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Thank u so much ji....glad that u took time and given ur feedback...made my day :)

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Sir I have so many videos of accounts but you have convinced me in best ways and cleared the doubts thanks a lot

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Wonderful class 👍👍🙏🏻🙏🏻 Thankyou so much Sir 🙏🏻🙏🏻

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Being a Math teacher I would say U R just FABULOUS......SIR...

[@AccountsFunda]

thanks a lot sushil

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This lecture was very useful ..love from Pakistan..❤️❤️❤️sir can both entry be debit in a single transaction?

[@AccountsFunda]

thanks a lot ji.....no....debit and credit both are needed ....

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Awesome sir ,pata hi nhi chala 42 minute kab nikla every students deserve teacher like you.

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🎉🎉❤❤❤❤
Apko Kiya bolu sir
Bahut bahut mast padhaya apka koi jawab nhi sir❤❤❤
I'm new student commerce 2023, ka

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Your teaching method is great sir.

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Thanks a lot ji

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After searching lot of videos finally my search is over thanks a lot sir

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मेरी समस्या का समाधान करने के लिए बहुत बहुत धन्यवाद सर

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Hii

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I am house wife and I had leave my study before 9 years and I forgot all accounts entries, thanks you sir for this vidio

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Thank u so much ji....glad that aapko achi lagi class....🙏...and yes...salute to you for being house maker...🙏

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Excellent, no other words to describe this!!!!

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Thank u sir for this video. I completely understood 😀😀🙏🙏

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Just amazing the way of taching, all concepts are cleared thanks sir 😌

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मैंने बहुत विडियो देखे हैं लेकिन आपके जैसा कोई नहीं समझा पाया, थैंक्स सर जी

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Thanks For Yourself Update Ourselves. Very KIND of Yourself Mentor.

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Kafi achche se samjhaya h aapne bhul chuki thi 5 saal pehle padha tha yeh SB.thnx

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I m really happy it has been made so easy to understand

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SIR AAPKE JESA ACCOUNT ME KOI ITNA CLEAR CONCEPT NHI KR SAKTA AAPKA TARIKA BOHT SHI HE THAK YOU SIR🎉

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Sir, Literally what are your teaching skills. Unbelievable ❤ . Very well understood ❤👍

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Sir pahele baar ajj mujhe accounts clear huaa thankyou so much sir ❤❤❤❤❤

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Sir mene 10th Aur 12th Science Se kara hai aur mein ab Tally padh raha tha 2 din se mujhe samajh nhi aa raha tha lekin aapki video se bhut help mil gayi sab clear ho gaya sir
Thank you Very much 😘😘😘😘

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Sir, The way you teach is fantastic and just keep it up.

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Nicely explained. 👏👏

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Sir acha laga or samjh me bhi aaya aapki class me maza aaya

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Sir maine Itni. Video Dekhi TH-cam pe But Aapke Jesa Kisi ne Nhi Samjhaya 🙏🙏

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Thank you so so so much sir it helps me a lot. 😍

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Thankful to you sir ji❤❤

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Yeh Lacture Bahot Jyada acha Lgaa Mind blowing Sir 👌👌👌👌👌

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Sir your teaching way is superb 👍👍👌👌👌👌☺️☺️

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Sir mai v commerce ki student hoon aur avi mai B. Com sem- 3 me hoon lekin avi v mujhe Accounts me doubt hote h qki hamere class nhi huy the ache se to basic mujhe ati hi nhi thi. Lekin apka video mujhe pure doubt clear kra diye sir dil se thank you so much 👌👌👌👌🙏🙏🙏🙏🙏🙏🙏

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I am working as an accountant...the way u explain it helps me to explain to freshers how to make pass entry...Banda graduate to gaya but reality me entry pass nahi karna aata hai tally me...

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Sir your amazing teacher 💓
And i personal request you to please make video for ( BALANCE SHEET )
INFORMATION
THANKING YOU

[@jaia508]

You explained very well, in short in personal and real account..debit ..what comes in & receiver and in nominal debit all expenses n loss ....second part of transaction will be credit automatically

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I was looking for this kind of explanation and Sir you have explained it so well. Thankyou for this video Sir

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❤ sir iam empress your lecture.
Mai chahti hu ki aap insurance and wealth management ke topic ko explain kare plzzz 🙏

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Great Expectations sir ☺️ thnx 🙏

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amazing lecture.....very informative😊

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Good afternoon sir 🙏 aapka lecture bahut hi achha tha sir g

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I was struggling to understand the concept of golden rule nd it's applications the best video I found I really love this video and now I'm able to understand the rules and applications too.. Thank you so much for your valuable video. really I appreciate that

[@AccountsFunda]

Thank u so much jyoti...glad that you like and appreciate...means a lot to me

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Thank u sir for clearing my doubts 🙏❤🙏

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I am not from commerce background. I have done engineering. Now doing MBA so have to read accounting as a subject and your videos are helping me so much...specially journal entry.

[@rajibsahoo4680]

Sir pure TH-cam me sirf app ka video hai jo ki hamara Sara ka sara confusion dur kir Diya .
Thank you so much sir for your valuable teaching skills ❤️

[@pratikshakajale2628]

Very helpful sir ...🙏👏

[@SONIKUMARI-cl8mz]

Very good sir cancept samjhane ke liye......mujhe abhut achha laga cancept achhe se samjh gayi mai........

[@shaikhshaheen442]

U taught good with easy way to understand the commerce students 👍🥰

[@truthandguidance6296]

Dil jit liya sir ji🙏👌 thanks 👍

[@mooshach.7128]

You are great sir ..... mujhe samaj me Aya.....

[@RehanKhan-mv3ij]

Sir.... Very Well Thanks For Giving The Knowledge😊

[@RahulKumar-id5ek]

Thanks a lot sir🙏

[@tinystory2.O]

Bhut acha padhte h aap sir salute h sir aapko 🙏

[@adilrahi6975]

Very helpful Sir ... Thank you so much sir 🙏