Recording Transactions into General Journal

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  • เผยแพร่เมื่อ 6 ก.ย. 2024
  • Shows how to record basic transactions into a General Journal.

ความคิดเห็น • 281

  • @fionacleary3541
    @fionacleary3541 4 ปีที่แล้ว +60

    Omg I wish I had that cheat sheet!! But my guy, you just saved me from so many tears and frustration. I finally understand whats going on!

    • @Sev7_omar
      @Sev7_omar 3 ปีที่แล้ว +2

      Oh man me 2

    • @fluppy9097
      @fluppy9097 3 ปีที่แล้ว +1

      Oh man me 3

    • @mikeemma9053
      @mikeemma9053 3 ปีที่แล้ว +2

      @@Sev7_omar me 2 bro

    • @hotheadgal89
      @hotheadgal89 3 ปีที่แล้ว +10

      Where can I find the cheat sheet?

    • @aypeekanya6654
      @aypeekanya6654 4 หลายเดือนก่อน

      Where can i find the cheat sheet ?

  • @heatherbwallace6250
    @heatherbwallace6250 2 ปีที่แล้ว +27

    Everything about this video was incredibly helpful and enlightening. Neat organization and tips. Thank you so much!!!

  • @loolou
    @loolou 5 ปีที่แล้ว +46

    You explain things better than my university lecturer does. I have no idea why I'm paying so much for this undergrad... uni is a joke ffs

    • @georgecworang
      @georgecworang ปีที่แล้ว +1

      Trueee

    • @li_sh4
      @li_sh4 ปีที่แล้ว +1

      Fact

    • @sinnyside920
      @sinnyside920 ปีที่แล้ว

      Facts that’s what I’m saying when my teacher explains it everyone is confused asf

  • @kingmhd8432
    @kingmhd8432 5 ปีที่แล้ว +8

    A 3hr lecture could not do what u did ,thank You so much sir ✊

  • @penguin_1293
    @penguin_1293 3 ปีที่แล้ว +4

    When you explained it, it was easy to get and just requires a little practice to immediately determine which is credit or debit. My teacher bragged that he could teach Accountancy with his eyes closed and we were so pressured about this because he was rushing us not even explaining properly how to classify the transactions :

  • @ThuongNguyen-wp3xj
    @ThuongNguyen-wp3xj 2 ปีที่แล้ว +3

    Thank you teacher ! I'm from VietNam but I'm studying at international school, one of my subjects is Principals of Accounting, oh no It's so difficult , I'm tried very much. Today, I'm here and view this video, I see something about my problem

  • @britbrown9030
    @britbrown9030 5 ปีที่แล้ว +19

    You said I should raise my hand. I've been raising my hand for a while now. Can you see me???🙋‍♀️🙋‍♀️🙋‍♀️😂😂😂

  • @ganeshn9464
    @ganeshn9464 4 ปีที่แล้ว +10

    Thank you very much for this wonderful presentation Jeffrey.... Its very helpful! For all those who are asking for the cheat sheet... IMHO... we should be taking a bit of pain by pausing the video in the applicable places and go about copying it in a paper using a pencil... instead of asking for a "ready made" one..... that way we practice and will be more efficient.

    • @sandram8761
      @sandram8761 2 ปีที่แล้ว +1

      There's nothing wrong with having a reference sheet. The instructor in this video has one.

  • @skincarebeautytipswithsbu2865
    @skincarebeautytipswithsbu2865 3 ปีที่แล้ว +6

    i never did accounting at school but i can now teach it , bravo sir! superlative work indeed

  • @mairenefaithg.exclamador5221
    @mairenefaithg.exclamador5221 2 ปีที่แล้ว +4

    Greetings, Sir! Thank you so much for sharing this. I've been struggling to understand our lessons, and you've helped me finally understand our lesson. God bless you!

  • @jasminee8107
    @jasminee8107 ปีที่แล้ว

    i have been watching video after video to understand how to even ask the question i have to ask. i was so relieved seeing this title

  • @subtop7906
    @subtop7906 3 ปีที่แล้ว +5

    This is the type of accounting video I've been looking for! Thank you.

  • @CB-nj5fp
    @CB-nj5fp 2 ปีที่แล้ว

    Something told me to look up videos on accounting/double entry bookkeeping and it led me to this video. Now im kinda confused... Im 27 years old and im learning alot about banking & the history of it, etc... Does this mean ive been banking incorrectly my whole life??? If I spent (Debit) 20 bucks from my checking account I believed that money was gone forever🤔 I never knew it was a formula to how it should be recorded in my bookkeeping 🤦‍♂️WOW. Ive left the bank to do the accounting for me and now I see the deception clearly! Awesome explanation man! Im seeing this in 2021.

  • @anybody4802
    @anybody4802 6 ปีที่แล้ว +4

    Hey guys, here's the templates!
    sites.google.com/site/mrwileysdigitalclassroom/accounting/excel-templates

    • @mohsinaziz3738
      @mohsinaziz3738 2 หลายเดือนก่อน

      I can’t access it

  • @1uvp1nk1
    @1uvp1nk1 ปีที่แล้ว

    This presentation is so great in every way! Thank you so much!!!

  • @takoplawrence9309
    @takoplawrence9309 2 ปีที่แล้ว

    I'm so blessed with it
    The way you explain is much pretty and really understand...

  • @abdulkadirmohamed1924
    @abdulkadirmohamed1924 2 ปีที่แล้ว +1

    Very interactive and easy to understand. Thank you very much

    • @mihirkhokhar599
      @mihirkhokhar599 2 ปีที่แล้ว

      hello, i still had a few doubts rearding some topics, do you mind helping me ?

  • @thatguy-nk1nt
    @thatguy-nk1nt 3 ปีที่แล้ว +2

    Where can I find that cheat sheet? Would really come in handy. I'm struggling :/

  • @rubyhaq7001
    @rubyhaq7001 4 ปีที่แล้ว +4

    Hi, Amazing lecture! I love it. I got it all right. Thank you.

  • @myathawthaw4318
    @myathawthaw4318 4 ปีที่แล้ว +23

    Does anyone know how to access the cheat sheet? Seems like a lifesaver.

    • @Sweetsplendorshop
      @Sweetsplendorshop 4 ปีที่แล้ว

      following

    • @Sara-xe1sd
      @Sara-xe1sd 4 ปีที่แล้ว +1

      same i really need that document anyone have it?

  • @kato2527
    @kato2527 3 ปีที่แล้ว

    Thank you very much, you save me my test is in fridays 😅❤❤❤ lucky to found this

  • @dennisrowland4639
    @dennisrowland4639 7 ปีที่แล้ว +28

    Hello Jeffery I have been trying to get the cheat sheet but can not find it could you please help me Thank you

    • @krishanuchatterjee1765
      @krishanuchatterjee1765 5 ปีที่แล้ว

      Just know the golden rules, that'd help u .. Jeff is using American rule which is well but not effective to learn

  • @jasminee8107
    @jasminee8107 ปีที่แล้ว +2

    where can i get this cheat sheet !

  • @jerzeyzgirl
    @jerzeyzgirl 5 ปีที่แล้ว +3

    Hi. I just discovered your channel. This is a great video. I am currently an online student for the University of Phoenix. I'm currently taking Accounting 1 class. I noticed you have a cheat sheet. I will see if I could print it out which can help me through my class. I will check out your other videos.

    • @rileym3892
      @rileym3892 2 ปีที่แล้ว +1

      Where is the cheat sheet?

  • @Bint211
    @Bint211 2 ปีที่แล้ว +2

    Hello, how can I get a cheat sheet from you? Great explaination. Thank you!

    • @chintancioco-torres1139
      @chintancioco-torres1139 ปีที่แล้ว

      Good greetings,
      Sir, May I have a copy of your cheat sheet that would be helpful I'm starting my 1st small business and I would highly appreciate it if you can post a video of how to create a cheat sheet. Thank you so much, God Bless you always🙏

  • @letstalkbusinessandpolitic128
    @letstalkbusinessandpolitic128 ปีที่แล้ว +1

    How can I get a copy of your cheat sheet?

  • @lindanthonyroh
    @lindanthonyroh 4 ปีที่แล้ว +1

    THANK YOU! This video was very informative. 👍

  • @poojanair6135
    @poojanair6135 2 ปีที่แล้ว

    Just loved the video. Thank you. Its really helpful.

  • @helenecote7751
    @helenecote7751 4 ปีที่แล้ว +1

    Great video, but cheat sheet? Why not explain that Assets increase with a debit? Or that Capital accounts increase with a credit?

  • @yazachewalebachew9577
    @yazachewalebachew9577 6 วันที่ผ่านมา

    Thank you ,best lesson

  • @buchujr2260
    @buchujr2260 3 ปีที่แล้ว

    Thank you Sir FOR VERY NICE AND UNDERSTANDBLE TUTORIAL.

  • @Ms.janell
    @Ms.janell 3 ปีที่แล้ว +1

    Great video

  • @fredadaniels2369
    @fredadaniels2369 หลายเดือนก่อน

    Hello, I am taking an on-line Accounting course and yes very frustrating till now. :) and know some people were asking about the Cheat Sheet. But where can i find it? i can see a little bit of it, is there a 2nd page?? Thank you.

  • @NisidiniJasinghe
    @NisidiniJasinghe ปีที่แล้ว

    Why do we maintain a Suspense account ?How can I use it to Re-correct my errors?

  • @Prince__ZNP
    @Prince__ZNP 10 หลายเดือนก่อน +1

    Where is the cheat sheet?

  • @silvialtobelli
    @silvialtobelli 3 ปีที่แล้ว +1

    hi i have a question for you. im working on the PIERER Mobility Group annual report and I need to create a general journal for my university project, how can I do it? there is no transactions record on the annual report!!! help me please

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      i think i'm late if i found 2 years before then i could help you but if you need now then let me know ☺

    • @silvialtobelli
      @silvialtobelli 9 หลายเดือนก่อน

      no nevermind ahaha I already graduated! but thank you

  • @alexkenea9117
    @alexkenea9117 2 ปีที่แล้ว

    omg i wish i had seen when i was in a university.Really it is interesting!!! .indeed, Thank u!

  • @sheflawed4328
    @sheflawed4328 4 ปีที่แล้ว +2

    thanks it helps me so much

  • @lazegamin775
    @lazegamin775 3 ปีที่แล้ว

    another question, insurance pays u right? so do u mean that when u use it, that was like the time limit is over and not that the insurance will pay u for something that got damaged? beacuse when u got paid by insurance thats like the cash is flowing in right so it is a debit?

  • @momodudonald7618
    @momodudonald7618 ปีที่แล้ว

    Nice videos 👍
    Please I want to know who's in charge of recording transactions into a general journal in a bank?

  • @hectormercedes6553
    @hectormercedes6553 6 ปีที่แล้ว

    Hello teacher, your video is very interesting. you know im new in this area of accounting and bookkeeping. By the way, is this a bookkkeeping program that you use? i want to be bookkeeping and accounting, but i dont know to use those program. thanks teacher and God bless you. very interesting.

  • @muhizisolange5951
    @muhizisolange5951 ปีที่แล้ว

    thank you so much. I recommend others to study here.

  • @planetmcb1946
    @planetmcb1946 6 ปีที่แล้ว

    Goodnight, am not sure but isnt the general journal used to record all other transactions than credit sales and purchases?

  • @Fernzdel
    @Fernzdel 2 ปีที่แล้ว

    is description or explanation not necessarily needed in journal?

  • @damilolabalogun6531
    @damilolabalogun6531 ปีที่แล้ว

    Hi Jeffrey, thanks for this wonderful video on journal entry, how can I get the cheat sheet, thank you.

  • @hazeljillcuizon9641
    @hazeljillcuizon9641 4 ปีที่แล้ว +1

    Thank you for sharing your thoughts! Now I understand the topic 💋

  • @bestofgadzhii
    @bestofgadzhii ปีที่แล้ว

    Sir please guide me uh didn’t keep a blank space at the end of a transaction to start a new transaction is it ook..?

  • @fatimaalbraiki3065
    @fatimaalbraiki3065 4 ปีที่แล้ว

    very useful...thank you so much Jeffrey

  • @malucero28
    @malucero28 4 ปีที่แล้ว +1

    How can I see your cheat-sheet accounting notes?

  • @learnandshare426
    @learnandshare426 11 หลายเดือนก่อน

    Sir do we need to record opening balance in ledger or not ?

  • @lazegamin775
    @lazegamin775 3 ปีที่แล้ว

    can I ask why spending cash is a credit while expenses is a debit. expenses occurs when ure spending cash right?

  • @bs4203
    @bs4203 ปีที่แล้ว

    Omg! Where can I get a complete of the cheat sheets?!?! Help!!!!

  • @deniztekbas77
    @deniztekbas77 4 ปีที่แล้ว +2

    I need that answers about other transactions in a jurnal way. If you reply it, I will be so happy. Thanks...

  • @herohitovishnu
    @herohitovishnu 2 ปีที่แล้ว

    Hi Sir its very useful video.. could you please help me how to prepare the cheat sheet as im just beginer.. and Im hungry to learn more kind of these Journal entries for maintance company

  • @alexfale1922
    @alexfale1922 4 ปีที่แล้ว

    Awsome video this was really helpful

  • @jenniferfaz8781
    @jenniferfaz8781 7 ปีที่แล้ว +4

    Where can I get the cheat sheets that you are using?

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      simple just take a screenshot, but i think i'm replaying you after 6 years and it's tooo late because you will graduated 😂😂

  • @malissawhite4569
    @malissawhite4569 6 ปีที่แล้ว

    Jeffrey Manning: Please tell US how to get the 'CHEAT SHEET'? thanks.

  • @green323turbo
    @green323turbo 5 ปีที่แล้ว

    So what the point of a balance sheet if you just put the number in both columns ? Of course its going to balance.

  • @erianasmith8259
    @erianasmith8259 2 ปีที่แล้ว +1

    where can I find the cheat sheet?

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      which are you trying to find ?? did you excel sheet or the other one

  • @faisalalsubaie1707
    @faisalalsubaie1707 3 ปีที่แล้ว

    Thank you for the video Mr. Manning. how can I get the cheat sheet?

  • @Hashimzadaa
    @Hashimzadaa 2 ปีที่แล้ว +1

    Thanks a bunch☺️

  • @juliesalazar322
    @juliesalazar322 2 ปีที่แล้ว +1

    great help, wish I had those cheat sheets.

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      BAB it's a simple just take a screenshot

  • @lolikaito4265
    @lolikaito4265 3 ปีที่แล้ว

    I'm really thankful for this video but the transaction I have is different from the examples :(

  • @mattx9260
    @mattx9260 5 ปีที่แล้ว +3

    1:58 you can see the cheat sheet on the screen,

  • @rickcarvalhosantiago7416
    @rickcarvalhosantiago7416 4 ปีที่แล้ว

    Thank you, thank you, thank you for this video! Where may I find the cheat sheet?

  • @melissascreationz
    @melissascreationz 2 ปีที่แล้ว

    hey, im taking business administration, i have accounting, I understand it alot more now, but I am having some issues with the general ledger, if I were to buy a truck for 10,000, paid cash of $5000, and the rest with notes payable, how would i post that on my ledger . thanks

  • @tatianahuamani3922
    @tatianahuamani3922 7 ปีที่แล้ว

    Hi Jeffrey, how can i get the sheat sheet, i was trying to find but i couldn't find it. Could you help me please.

  • @estersimeon9874
    @estersimeon9874 2 ปีที่แล้ว

    Verry help full, thank you verry much Sir.

    • @mihirkhokhar599
      @mihirkhokhar599 2 ปีที่แล้ว

      hello ester, i still had a few doubts regarding some topics, do you mind helping me ?

  • @masuphamolapo9560
    @masuphamolapo9560 4 ปีที่แล้ว

    R1 is receipt 1, got that! What does C1 & C2 stand for?

  • @shawxz
    @shawxz 9 หลายเดือนก่อน

    Can somebody know how to make the worksheet at the right side?

  • @Jessica-sz3lh
    @Jessica-sz3lh 3 ปีที่แล้ว

    Great video, thank you so much!

  • @reinacoffee8557
    @reinacoffee8557 6 ปีที่แล้ว +1

    may 2 entry...can I write "Electric Bill" in parentheses next to the words Miscellaneous Expense?

    • @tekootianderson
      @tekootianderson 4 ปีที่แล้ว

      Miscellaneous is too confusing for the next person who's checking (working on) the books. I'd put Utility expense (Electric Bill).

  • @surortaal
    @surortaal 6 ปีที่แล้ว

    should i record supplies as a credit and account receivable as debit if i sell supplies someone on account?

  • @psychpsych
    @psychpsych ปีที่แล้ว +2

    Hi. Where can I find the cheat sheet?

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      which are you trying to find ?? did you excel sheet or the other one

    • @psychpsych
      @psychpsych 9 หลายเดือนก่อน

      I am not sure

    • @psychpsych
      @psychpsych 9 หลายเดือนก่อน

      There is no link

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      @@psychpsych okay but which thing are you asking ??? maybe i cna help you

  • @zahranhambali
    @zahranhambali 2 ปีที่แล้ว

    Thank you sir, ur vid are really awesome and helpful!!

    • @mihirkhokhar599
      @mihirkhokhar599 2 ปีที่แล้ว

      hello Rayn, i still had a few doubts rearding some topics, do you mind helping me ?

  • @Navhei
    @Navhei 7 ปีที่แล้ว +2

    Hey there! Where do we get the cheat sheet from?

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      which are you trying to find ?? did you excel sheet or the other one

  • @riaretty1576
    @riaretty1576 2 หลายเดือนก่อน

    Thankyou very helpful

  • @lilbredoitall7369
    @lilbredoitall7369 3 ปีที่แล้ว +1

    Nicely done..TY

  • @watchuwant1560
    @watchuwant1560 ปีที่แล้ว +1

    Where do I get that cheatsheet though!

    • @Entertainment-or7mx
      @Entertainment-or7mx 9 หลายเดือนก่อน

      which are you trying to find ?? did you excel sheet or the other one

  • @tessamariano2515
    @tessamariano2515 ปีที่แล้ว

    is there anyway I can get one of those cheat sheet? please and thank you.

  • @jollyartist4036
    @jollyartist4036 3 หลายเดือนก่อน

    Where do do we fund the cheat sheet 🙏

  • @999cubandoll8
    @999cubandoll8 ปีที่แล้ว +1

    Where is your cheer sheet video at?

  • @lauraduran7285
    @lauraduran7285 ปีที่แล้ว

    i would also love to have the cheat sheet as im starting a company 🙂. Thank you

  • @paigedurham596
    @paigedurham596 2 ปีที่แล้ว

    Hi there! Where can I find the Cheat sheet he references?

  • @flower_death85
    @flower_death85 11 หลายเดือนก่อน

    How how I record class a and b shares in general journal

  • @naeembisnath3349
    @naeembisnath3349 6 ปีที่แล้ว +2

    where do i get the cheat sheet

  • @dusabedrocith3263
    @dusabedrocith3263 3 ปีที่แล้ว +1

    Thank you for explanation ,I like it .If you know bank reconciliation you can teach me; thanks.

  • @dknowgirllady9215
    @dknowgirllady9215 6 ปีที่แล้ว +1

    thanks.. it's very helpful

  • @adigudemmekel8061
    @adigudemmekel8061 6 ปีที่แล้ว

    Hello , It so mach good how i can get your additional material

  • @samerhabib
    @samerhabib 4 ปีที่แล้ว

    what kind microphone do you use ??

  • @musicsensation730
    @musicsensation730 3 ปีที่แล้ว

    Need the cheat sheets!!! Where can I get that?
    Btw I love the explanation!

  • @mairenefaithg.exclamador5221
    @mairenefaithg.exclamador5221 2 ปีที่แล้ว

    May I know what's the answer to transaction 11?

  • @faizullahabdullahmemon8889
    @faizullahabdullahmemon8889 4 ปีที่แล้ว +1

    will you please share chart sheet with us

  • @dennisrowland4639
    @dennisrowland4639 7 ปีที่แล้ว +4

    Hello How do I get the cheat sheet from please

  • @kennethlohman1154
    @kennethlohman1154 ปีที่แล้ว

    What cheat sheet are you talking about?

  • @edisoncoronado4520
    @edisoncoronado4520 6 ปีที่แล้ว

    Hello Jeffrey, How Could I get the cheat sheet?
    thank you

  • @shahsaoodbukhari8420
    @shahsaoodbukhari8420 7 ปีที่แล้ว

    what kind of sheet is that in excel? did u made it?

  • @mohammedkhalifa9303
    @mohammedkhalifa9303 2 ปีที่แล้ว

    Thank you for this session it is really so nice, please let me know how I can get the Cheatsheet.
    Regards

    • @mihirkhokhar599
      @mihirkhokhar599 2 ปีที่แล้ว

      hello , i still had a few doubts rearding some topics, do you mind helping me ?

  • @mskamie501
    @mskamie501 6 ปีที่แล้ว

    So I am taking it that no one has received the cheat sheet?

  • @excelsimplevba5829
    @excelsimplevba5829 ปีที่แล้ว

    Where is the Cheat sheet? I need it badly.