Sir Income increase then records in the Credit Sides. and Expenses Increses then records Debits Sides. Please reads role of Debits & Credits Rules accordibg to the International Accounting Standatds (IFR).
Credit what comes In and Debit what goes out....ye to fukrey movie me sikhya tha Laali ki mam ne.....but sir I really appyour efforts to educate us...bohot acchi video thi....Thanx
In personal database it's *Credit* bhai, But in accountancy it's debit, because in order to fund your account, the amount first need to deduct from your department account.
@@Shashwata reason behind company and its owner, other employees have distinct entity ....so jo aapke liye income hai vo company ke liye expense hai or jo aapka expense hai isliye income dr. huya its a personal account from approach of traditional but company is a real account that's why ye huwa
General ledger sa pahlay excel pa journal entries ki spreadsheet or bad main trial balance banana zarori ha ? Ya ye sheet kafi hoti ha for making financial statements like income statement and balance sheet.
Same sheet me how we can add another sheet debit and credit using another sheet date If I used debit then auto catch those sheet date and same for credit also
according to the International Accounting Standards (IFR) When liabilities, income, equity increase there is Credit when they decrease there is Debit. When Asset and expense increase there is Debit when they decrease there is Credit. if i am not right then please guide me sir
Thank you sir aap ki wajah se mujhe excel par ledge maintain karna agya
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Thanks for this video it is useful for me.... ❤
Income & Gain is Credit
All Expenses is Debit
YAHI MA KAHNY WAla tha is ny ghlt guide kiya ha
Are accounts me alag hota h
Expenses and losses are debited while income and gains are credited .
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Sir Income increase then records in the Credit Sides. and Expenses Increses then records Debits Sides. Please reads role of Debits & Credits Rules accordibg to the International Accounting Standatds (IFR).
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Nominal A/C
👇👇
All Expenses and losses= Dr.
All income and gain। =Cr.
As we study Expense is on Debit side
According to journal rules, expense is on debit side,but in ledger it is always opposite.
This table is for cash account so income is on debit side and expense on credit side
If both are debit then what is credit
Excuse me sir sir kindly reply me
😢
Income and Expenses is Nominal Account and in Nominal acount rules Expenses is Debit and income is credits, any budy explain this topic ❤
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Entry he has done of debit and credit are just opposite..
Dr.All expenses and loses
Cr.All incomes and gains
I thought the same
Exactly
Good vedio
income credit me hogi debit me nahi sir baaki apne acha samjhya but iss confusion ko dur kare taaki jinko rule ni pta accounting ke wo galt na kare
Credit what comes In and Debit what goes out....ye to fukrey movie me sikhya tha Laali ki mam ne.....but sir I really appyour efforts to educate us...bohot acchi video thi....Thanx
Under real account: Rule - Debit what comes in, Credit what goes out😅
Thank you man
Very nice sir ji
Sir, Very good video .One small doubt. Is Income comes under debit or credit ???
In accounts Income always comes under Debit
All incomes and gains are credit
All expenses and losses are debit
In personal database it's *Credit* bhai,
But in accountancy it's debit, because in order to fund your account, the amount first need to deduct from your department account.
This is Cash book Or Cash a/c features
Accordingly which have entries
@@Shashwata reason behind company and its owner, other employees have distinct entity ....so jo aapke liye income hai vo company ke liye expense hai or jo aapka expense hai isliye income dr. huya its a personal account from approach of traditional but company is a real account that's why ye huwa
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Thank you
General ledger sa pahlay excel pa journal entries ki spreadsheet or bad main trial balance banana zarori ha ? Ya ye sheet kafi hoti ha for making financial statements like income statement and balance sheet.
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Same sheet me how we can add another sheet debit and credit using another sheet date If I used debit then auto catch those sheet date and same for credit also
debit means expenses , credit means income
according to the International Accounting Standards (IFR) When liabilities, income, equity increase there is Credit when they decrease there is Debit.
When Asset and expense increase there is Debit when they decrease there is Credit.
if i am not right then please guide me sir
Sir, my computer 2007 number format 2 like example 500,000.00 but your computer number format 5,000.00. so how to solution the problem ?
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Start se video banate ta k ap ne jo cells or rows banai hai wo bhi logo ko pata chal jata
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How expances is crdt
Asset has debit balance nd liability has credit balance
Income always credit hoti hey but expenses always debit hote h? Please check again n guide
That is Nominal Acount ledger, in Nominal Acounts Debit are Expenses and Credit is Income ❤
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possible send excel google sheet so much good information
Aii ta kon ACCOUNT- Parsonal,Real,Nominal please bolo amaka sir?
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Sir journal wise hum entry kaise kare
Sir income increase honay se credit hota hai
Expense increase honay se debit hota hai
Aap ne ulat kiya hai, kindly explain.
Agar Mera Credit debit se zyada ho jaaye to balance mai minus result aayega to is case me Kya kia jae