Double Entry Principle - How To Record A Transaction On The Debit and Credit Side Of The Account

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  • เผยแพร่เมื่อ 18 พ.ย. 2024

ความคิดเห็น • 292

  • @shavaunnamorris9151
    @shavaunnamorris9151 4 หลายเดือนก่อน +23

    I will say this again the teachers on TH-cam are much better explainers than most teachers in school. This is so much more understandable

  • @maxv.a.k7076
    @maxv.a.k7076 ปีที่แล้ว +17

    This whole time I have been stressing as I struggled to understand how double entry worked. I felt bad about my self, now I am finally beginning to understand. thank you

    • @RosemaryDiva
      @RosemaryDiva 5 หลายเดือนก่อน

      Likewise
      It makes me cry self that I didn't know it 😭

  • @lilbredoitall7369
    @lilbredoitall7369 3 ปีที่แล้ว +70

    By far the best video I've seen on double entry. I completely understand.? Thank you so much.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว +1

      You’re welcome!

    • @samsonkpundari310
      @samsonkpundari310 3 ปีที่แล้ว

      @@hstutorial
      Thank You so much.Watching here from Papua New guinea.
      Great lecturing and understandable way you are explaining. As I am a beginner of Accounting.

    • @uaraatjazeako954
      @uaraatjazeako954 2 ปีที่แล้ว

      8

    • @1voiceofhope
      @1voiceofhope ปีที่แล้ว +1

      I also had problems understanding the double entry system, but this video has just given me all I wanted in a very simple and straightforward way. God bless!

  • @mjj6451
    @mjj6451 3 ปีที่แล้ว +9

    Watched a lot of double entry system videos. However, yours was the only one that made sense thank you so much!!! life saver. May God bless you and your family.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      To God be the glory. Feel free to enroll in our courses at hstutorial.com/courses

  • @florenceboakyemensah2572
    @florenceboakyemensah2572 3 ปีที่แล้ว +17

    My accounting master confuses me with his tables but so glad it's that simple here

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

    • @swipeurias8478
      @swipeurias8478 3 ปีที่แล้ว

      Me too

  • @andsonsJosemon
    @andsonsJosemon หลายเดือนก่อน

    To be honest,u are the best lecturer I have met in accounting,every time I watch your video about a topic I pick everything,u are better than my lecturer in Uganda

  • @reeceberini1638
    @reeceberini1638 3 ปีที่แล้ว +10

    Perfect video, easy to follow and easy to understand! I recently received my job offer from Grant Thornton and in anticipation of starting the ACA I wanted to get my head around 'Double Entry', this has given me a solid foundation! Thank you HS Tutorial.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว +1

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @TheWestlondongent
    @TheWestlondongent 2 ปีที่แล้ว

    This is the clearest explanation i have seen on doubl entry principles.

  • @Ammavie
    @Ammavie 4 ปีที่แล้ว +3

    You are the best teacher i have ever seen in accounting. Because you made is very simple from the beginning!

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว

      Thank you so much 😊

  • @isumiuthara7520
    @isumiuthara7520 2 ปีที่แล้ว +7

    wow great teacher! Love how he makes the lesson simple.

  • @Achola_Martha
    @Achola_Martha 3 ปีที่แล้ว +1

    Life saver.,..I can now confidentiality seat for my cat tommorow.....I was stressed out but now......more than good to seat for it💪💪💪..... thanks 😊

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      I wish you success, Martha. Feel free to enroll in our courses at hstutorial.com/courses

    • @Achola_Martha
      @Achola_Martha 3 ปีที่แล้ว +1

      @@hstutorial Thanks 😊...lemme just enroll right away

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      👍🏽

  • @mmutebiclinton5865
    @mmutebiclinton5865 2 ปีที่แล้ว +2

    This has opened my mind after understanding the giving side (Cr) and the receiving side (Dr). Thank you so much and i continue to follow you till my course is complete🙏🙏🙏✍

  • @fortunendefwayi8865
    @fortunendefwayi8865 4 ปีที่แล้ว +11

    Unbelievable teacher. You're really great.

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว +1

      Thank you 🙇🏾

  • @lyghun651
    @lyghun651 3 ปีที่แล้ว +2

    The positive comments had me pause to watch and I really understood it thank you soo much .
    God bless you.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว +1

      God bless you too. Feel free to enroll in our courses at hstutorial.com/courses

    • @lyghun651
      @lyghun651 3 ปีที่แล้ว +1

      @@hstutorial alright sure thank you

  • @lebohangdube3902
    @lebohangdube3902 ปีที่แล้ว +3

    Thank you for this. I am a law student in South Africa... we have to do basic accounting for our professional entry exams. So simple explanations like this are very helpful...please do more examples involving legal transactions like property purchases

  • @doricawilson
    @doricawilson หลายเดือนก่อน

    I REALLY APPRECIATE THIS VIDEO, IT MADE IT SO SIMPLE FOR ME. GOD BLESS YOU.

  • @Lemonade6969
    @Lemonade6969 2 ปีที่แล้ว +1

    Thank you so much! By far the best teacher I have seen on accounting! 🧾
    Love from India! 🇮🇳

  • @ayomideojo5687
    @ayomideojo5687 10 หลายเดือนก่อน

    Goood morning sir, You're the best accounting teacher , God bless you

  • @Mell.mell121
    @Mell.mell121 3 ปีที่แล้ว +1

    keep the poa tutorial coming because i understand your teaching

  • @refugeegirl6236
    @refugeegirl6236 3 ปีที่แล้ว +1

    I'm watching this to prepare exam on Monday with this chapter thnk you i understood very well

  • @kwamenkrumah1193
    @kwamenkrumah1193 3 ปีที่แล้ว +1

    Am enjoying your lecture very much

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Thank you so much. Feel free to enroll in our courses at hstutorial.com/courses

  • @lamindampha9831
    @lamindampha9831 2 ปีที่แล้ว +2

    This is exactly what i was searching for.thanks bro keep it up

  • @suekim193
    @suekim193 2 หลายเดือนก่อน

    A fantastic lecture. Thank you so much .

  • @alberteinstein6046
    @alberteinstein6046 3 ปีที่แล้ว +1

    Wow well explained n plainly understood.
    Thanks alot God bless u

  • @seishunkick
    @seishunkick 3 ปีที่แล้ว +2

    I had so much trouble trying to understand this in my college class but this video really helped me out so thank you !!

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @jeanethmpha2622
    @jeanethmpha2622 7 หลายเดือนก่อน

    Your the best, you give yourself enough time to explain, wow your are indeed the of them all❤❤❤❤❤

  • @athesthetic1425
    @athesthetic1425 3 ปีที่แล้ว

    This is literary the best and most understandable video I've found on double entry.....love it...

  • @patrickasielue5476
    @patrickasielue5476 4 ปีที่แล้ว +3

    Thank you the tutorial was simplified and easy to understand.

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว

      You're welcome, sir

  • @abdulraheemmuhammad4985
    @abdulraheemmuhammad4985 3 ปีที่แล้ว +1

    thank you very much .. God will continue to open more doors for you.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว +1

      Amen. And you too. Thank you so much.

  • @mariamadiaby1660
    @mariamadiaby1660 3 ปีที่แล้ว +4

    I most say you literally saved my life ❤️🙌🏾

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      To God be the glory 🙏🏽🙏🏽🙏🏽

  • @pczackry3914
    @pczackry3914 ปีที่แล้ว

    This video really helped me to balance my transactions thanks so much

  • @nantumeaisha7491
    @nantumeaisha7491 2 ปีที่แล้ว

    Really I appreciate fr e simplicity u hv made fr me thnks very much

  • @adifferentperspectivewithj2250
    @adifferentperspectivewithj2250 3 ปีที่แล้ว +1

    Like ur video straight n simple to understand.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Thank you 🙇🏽

  • @WizTheElitePanda
    @WizTheElitePanda 3 ปีที่แล้ว

    Thank you this is best video on double entry ever I completely understand

  • @lakeishabobb-blackman4324
    @lakeishabobb-blackman4324 3 ปีที่แล้ว +2

    May God bless you sir🙏!!! Watching from Guyana 🇬🇾 I understand accurately more so than my accounts teachers
    I will also check out the website and do the assignment

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Thank you so much. Feel free to enroll in our courses at hstutorial.com/courses

  • @arnoldphiri6063
    @arnoldphiri6063 2 หลายเดือนก่อน

    Thank you so much, this helped me understand at the last hour before a quiz lol

  • @derrickayieko2727
    @derrickayieko2727 2 ปีที่แล้ว

    You are a good teacher thanks alot

  • @ariadarkin8020
    @ariadarkin8020 3 ปีที่แล้ว +1

    You explain so much better than my teacher😀😀😀

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @vickyfavoursesay4754
    @vickyfavoursesay4754 3 ปีที่แล้ว

    You make me to understand double entry well thanks

  • @Daniel-wd7jd
    @Daniel-wd7jd 9 หลายเดือนก่อน

    Thank you so much Sir. you have really helped me to prepare for my exams

  • @bibishariff4391
    @bibishariff4391 2 ปีที่แล้ว

    Best I've seen and understand. Thanks alot

  • @Sourreflections
    @Sourreflections 10 หลายเดือนก่อน

    Literally you made it so easy
    Thank you very muchhh❤

  • @BruceShiluubwe
    @BruceShiluubwe ปีที่แล้ว

    Very helpful video, thank you so much. All the doubts cleared.

  • @sarakiash9809
    @sarakiash9809 3 ปีที่แล้ว

    thanks be blessed you made me pass my exams

  • @aminakunda-qf7zg
    @aminakunda-qf7zg ปีที่แล้ว

    Love your explanation.. simple and direct ☺️

  • @eishychoicy7696
    @eishychoicy7696 9 หลายเดือนก่อน

    Very clear,, helpful and understanding

  • @oreoluwaseyi8448
    @oreoluwaseyi8448 3 ปีที่แล้ว +2

    Thank you very much I am having business studies exam tomorrow

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You're welcome. I wish you the best.

  • @joaovictor-om7yh
    @joaovictor-om7yh 3 ปีที่แล้ว +1

    fantastic explanation thank you very much. from Brazil

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @Dimmaworld
    @Dimmaworld 4 ปีที่แล้ว +2

    I love ur teaching

  • @idadarboe1584
    @idadarboe1584 2 ปีที่แล้ว

    Thanks for the video it really helps me a lot 🙏🙏

  • @Martynovic
    @Martynovic 3 หลายเดือนก่อน

    Bro I love you, resit tomorrow and all the other channels overcomplicate the whole giving and receiving concept

  • @ChrisMsiska-lf7rz
    @ChrisMsiska-lf7rz ปีที่แล้ว

    thank sir for simplifying things for us

  • @MrBatista48
    @MrBatista48 3 ปีที่แล้ว

    A very helpful video for beginners. Thank you so much.

  • @preciousemechebe4770
    @preciousemechebe4770 3 ปีที่แล้ว +1

    Best video so far! Ah! Why am I just seeing this video!😊😇

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You're still on track. Feel free to enroll in our courses at hstutorial.com/courses

  • @kimseokjin7526
    @kimseokjin7526 4 ปีที่แล้ว +1

    THANK YOU THIS REALLY HELPED ME WITH MY FINAL EXAM

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว

      TO GOD BE THE GLORY. I WISH YOU THE BEST 👍🏽

    • @haanakhan1261
      @haanakhan1261 4 ปีที่แล้ว +1

      HS Tutorial
      I Am waiting on ur help pls

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว

      @@haanakhan1261 Ok. What help do you need, please?

    • @haanakhan1261
      @haanakhan1261 4 ปีที่แล้ว

      HS Tutorial
      Can you help me with this transaction: took $100 out of the bank and put it in the cash till.
      Pls provide an explanation to ur solution also. Thank u

  • @SolomonJoseph-h1d
    @SolomonJoseph-h1d ปีที่แล้ว

    I have understand you your a good teacher

  • @sadaamali8010
    @sadaamali8010 3 ปีที่แล้ว +4

    Man this video was so understanding and so fluent ,I did not know how to do a cash book but this video helped me so much THANK U

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @natashajohn2517
    @natashajohn2517 2 ปีที่แล้ว +1

    Thanks sir , i understood now. No more blur at class 😂😊

  • @sisanda406
    @sisanda406 2 ปีที่แล้ว

    The best video ever I have learnt a lot in this video thank you 😊

  • @ansumanabenjamin6636
    @ansumanabenjamin6636 2 ปีที่แล้ว

    thanks you sir, now am enjoying accounting really are good in this keep the good job for us

  • @Scoomi_gh1
    @Scoomi_gh1 3 ปีที่แล้ว

    i'm new here but wont deny that your videos are superb including those im not done watching

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      👍🏽
      Thank you. Feel free to enroll in our courses at hstutorial.com/courses

  • @gamingwithtee6888
    @gamingwithtee6888 ปีที่แล้ว

    Wow simple explanation 👌🏾🙏🏾

  • @blessingife5754
    @blessingife5754 3 ปีที่แล้ว

    I understand this better. Thank you so much.
    I have not seen the assignment though.

  • @natashasewpersadh5941
    @natashasewpersadh5941 2 ปีที่แล้ว

    Appreciate this video. It has really given me insight.

  • @ruthjosephbanda5495
    @ruthjosephbanda5495 3 ปีที่แล้ว +1

    Thank you so much for your help..

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @nakaggwasophie1388
    @nakaggwasophie1388 2 ปีที่แล้ว

    It’s easy to understand thanks alot

  • @BlackYakub
    @BlackYakub 7 หลายเดือนก่อน

    I'm ready for my test tomorrow now❤

  • @judbanda1735
    @judbanda1735 ปีที่แล้ว

    Right on time! No way I am gonna fail 💪

  • @monicachiedu3889
    @monicachiedu3889 4 ปีที่แล้ว +1

    I was confuse about this topic now I understand it thank u
    Pls can u make a video about Business organization

  • @heek6155
    @heek6155 ปีที่แล้ว

    Wish my teachers were like this

  • @vaisakhnair4162
    @vaisakhnair4162 3 ปีที่แล้ว

    Sir.The explanation is fantastic.Loved it.

  • @muhammadyahyachapra2250
    @muhammadyahyachapra2250 3 ปีที่แล้ว

    very well explained. thank you so so much.

  • @benekeya2008
    @benekeya2008 3 ปีที่แล้ว

    Very clear and precise

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Thank you. I^m glad you got value from the lecture.

  • @Ozoedesanddy
    @Ozoedesanddy ปีที่แล้ว

    It was indeed helpful. Thanks a lot

  • @tripledee4439
    @tripledee4439 3 ปีที่แล้ว +1

    Thanks sir much love from zambia

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You are welcome. To God be the glory

  • @sharonmoya4812
    @sharonmoya4812 7 หลายเดือนก่อน

    thank you very much I will definitely watch more! this was helpful

  • @accountingforbeginners9210
    @accountingforbeginners9210 3 ปีที่แล้ว

    Good staff,keep the fire burning

  • @dominicwabuke9511
    @dominicwabuke9511 3 ปีที่แล้ว

    simple and correct ,,,good job mr u hv assisted a lot in accounting following frm KENYA AT SEKU.best deserve frm DOMMY ALI

  • @Miss_ada
    @Miss_ada 3 ปีที่แล้ว +1

    Thank you very much.
    I understand

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You are welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @Kenny-qt9lq
    @Kenny-qt9lq 4 ปีที่แล้ว

    its so helpful unlike those under videos...you deserve 1mil subs!!!

    • @hstutorial
      @hstutorial  4 ปีที่แล้ว

      Thank you so much. I wish you the best 👍🏽

  • @davidngugi5315
    @davidngugi5315 3 ปีที่แล้ว +1

    Well explained brother

  • @ObaapaAddai
    @ObaapaAddai 7 หลายเดือนก่อน

    Thanks sir u have helped me to understand it thanks ❤🎉

  • @mbomasamuel-uo9ro
    @mbomasamuel-uo9ro ปีที่แล้ว

    Thank you very much really appreciates, The question I want to ask you sir, Like for instance we have cash account more then 2
    To my own understanding as long as we have cash account we don't need to open it again.
    All we need to do is to put the amount under the cash account.

  • @jinafri5439
    @jinafri5439 3 ปีที่แล้ว

    Woaw so clear sir thanks so much😘

  • @atolagbeolatunji2955
    @atolagbeolatunji2955 2 ปีที่แล้ว

    Good display of knowledge. I noticed that this approach to the double entry principle does not work for some transactions. such as bad debt written off, discounts allowed to customers, discounts received from suppliers, depreciation charged for the period, and so on.
    And also, almost all examining bodies don't use this approach to ask questions on double entry principles in exams.
    This is just my observation.

  • @jeromeellis9623
    @jeromeellis9623 3 ปีที่แล้ว +1

    Appreciate ur effort a lot , for ur great accounting skill ..

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Thank you so much 😊

  • @odhiambomoses3283
    @odhiambomoses3283 3 ปีที่แล้ว +1

    Kindly help me on how we treat trade discount.
    For example;
    1. Purchased goods from Jakaya Enterprises for Sh. 11,600 less 10% trade discount.
    2. Sold goods to Odero & Sons at Sh. 17,800 less 20% trade discount.
    Thanks a lot sir. I'm from Kenya and I find your videos very helpful.

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      You're welcome, brother.
      Kindly watch this video where I treated questions on discount. th-cam.com/video/UwYGhyziG5Y/w-d-xo.html
      Feel free to enroll in our courses at hstutorial.com/courses

  • @saraphine9164
    @saraphine9164 3 ปีที่แล้ว

    Awesome video, great explanation - thanks so much!

  • @erictabiri361
    @erictabiri361 ปีที่แล้ว

    Thank you for the support

  • @HassimAluta
    @HassimAluta ปีที่แล้ว

    Hi you the best been following your videa over long time and found that your great teacher.
    I have an assignment please!!

  • @Uhuru_Kenyatta
    @Uhuru_Kenyatta 2 หลายเดือนก่อน

    That's beautiful. Thank you.

  • @HanifZada-p9i
    @HanifZada-p9i 9 หลายเดือนก่อน

    Very best video I am understanding leature . I am Pakistani ❤❤❤

  • @achennaume7016
    @achennaume7016 3 ปีที่แล้ว +1

    Thanks for the great job, but u didn't didn't include data in the folio space
    And I really wanted to know how to indicate purchase ledger, sales and general ledger

  • @heltonamakali
    @heltonamakali 2 ปีที่แล้ว

    Good video. For cash, cant we have one account only?

  • @VybzWithDerr
    @VybzWithDerr ปีที่แล้ว

    This was so great!! i learned alot from you

  • @JordanMwewa-d9q
    @JordanMwewa-d9q 8 หลายเดือนก่อน

    Help with the suspense aswell

  • @shayofficial3557
    @shayofficial3557 3 ปีที่แล้ว +1

    This was Amazing

  • @olanrewajuayodele1574
    @olanrewajuayodele1574 ปีที่แล้ว

    Easy to understand

  • @ekedavidozioma4374
    @ekedavidozioma4374 ปีที่แล้ว +1

    Since the capital acct is receiving cash, shouldn't it be debited?

  • @georgendungu611
    @georgendungu611 3 ปีที่แล้ว +1

    hi there, would u kindly make a video on balance sheets

    • @hstutorial
      @hstutorial  3 ปีที่แล้ว

      Noted. Feel free to enroll in our courses at hstutorial.com/courses