Intro to Recording Accounting Transactions (DR/CR)

This is a short introduction video on recording accounting transactions utilizing the concepts of debits and credits.-- Created using PowToon -- Free sign up at www.powtoon.com... -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.

[@TGr963]

5 videos later, i found you. now, i think i finally understand. thank you!!!

[@eeforest7122]

THANK YOU SO MUCH. YOUR VIDEO HAS HELPED ME UNDERSTAND WHAT I DIDNT UNDERSTAND FOR THE LAST 5 WEEKS

[@linkon20082002]

That was great! First time I've understood the whole concept! Thanks a lot

[@clementgavi7290]

It is absolutely well made

[@frootloot6789]

@@clementgavi7290 totally agree

[@jayapranesh5557]

Im a CA Student Iknow the concepts of every chapters in Accounts But im Laggy In Basics So Im Clear
About By This Video Thanks M'aam

[@shemstudy4684]

Thanks for the explanation!! So good teaching!

[@juanm7050]

Thank you so much, excellent presentation. Explained very well and precise.

[@abuhurairabutt1432]

U have understand the whole concept thankyou dear

[@ShahdaKuypers-d7u]

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[@stevehursh9997]

Why is the word "debit" used to indicate an increase on an account, when the word actually means "to
remove" or "take away from" just like it is used with a standard bank account?

[@tbrown9753]

Did you ever find out the answer to this? I'm wondering this myself...

[@gregoryjoseph932]

The word debit doesn't mean an increase, it only means you go on the left side of the account.

[@Andresseus]

When my assets increase, I experience "removal" of cash. When I sell/decrease an asset (in a garage sale), I experience "credit" of cash (which means I no longer have liability and equity because they are "removed"). Hope this helps!

[@AmechaMoses-f2g]

Have enjoyed the class thanks Mr .

[@liban1548]

Thank you so much this was very helpful

[@kingsleymfwamba7341]

This video is helpful to me as beginner student of accounts. I would love to have more information about the instructor.

[@clementgavi7290]

Very pedagogically presented

[@bathinaanirudh474]

Thanks a lot for explaining the concept mam

[@CosasFree]

Perfect. Good explanation. Do you have Quikbooks or SAGE videos?

[@belladerry1347]

is there any tip to be able to to know or differentiate whether asset, liability, revenue, equity, dividends increase or decrease?

[@jhunedhelle_aoki]

Thank u for this video,, I learned so much, can u pls make a video of the Chart of Accounts, when to debit or credit it..thank u

[@Quoya.]

This was so helpful! Thank you

[@salatielainima5439]

I love your examplenatio it's makes me to understand now

[@HamadKhan-vf4sp]

very nicely explained

[@EdwardFarkollie]

I understand that

[@ottacoo]

Hi! Can you make another video showing an example of Credit/Debit usage in a business? Thanks!

[@abdulrahmanmajdy6338]

thank u very much its so useful and simple

[@nusukibaba4581]

How a decrease in equity led to decrease in asset and increase in liabilities and also increase in another owners equity?

[@fredrickmsomba4123]

Epic lesson

[@TIPPIE_DEMONE]

literally so good
thank you

[@fabiooliveira2709]

Great video, Thanks! Appreciate.

[@ruchikagupta7656]

I think it is Assets=Libilities+Capital

[@movieclip8121]

hello teacher?what is accounting cycle and it's advantage and classification and narration

[@geniecats]

I need help recording my purchased car in Journal Entry. I purchased a car to rent out the car, such as a peer-to-peer car sharing. Since the car is making money for the business, should I treat it as my Inventory, Fixed Asset, or Long-Term Liability?

[@mihirkhokhar599]

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

[@diontaedaughtry974]

Thank you this was very helpful and informative 👍👍

[@ilyasgarba1621]

very good thank you but i need more lecture on accounting and finance if you help me

[@goodtips1165]

goods i love it

[@melindabharvey]

I am watching this for the second time

[@fathmathsaitte4280]

Please...do more vidios....i have understood alot through the vidio....but i still dont know the effects upon chart...can u please teach that...thank u😀

[@rohanramdany1742]

Helps a lot

[@mihirkhokhar599]

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

[@syedelliyas3759]

Good

[@pantsharad]

Thanks for nice video

[@hnhi3079]

thank you so much

[@komalprajapat3138]

post more vedios of important questions

[@ilyasgarba1621]

very good thank you but i nwwd more lecture on accounting and finance if you help me

[@hodoahmedsiyad24]

thank you teacherz😙

[@amiramaisarah8789]

Thank you

[@muhammadbilalmukhtar8807]

Will you plz make a video with few transactions

[@abdulahiahmed2776]

well,do you have an online video lessons?

[@friendlyfashn8771]

Thank you sooo much

[@sandipregmi333]

can any body tell me please what will accounting trasactions of following . Which of the following events results in an accounting transaction for Clothing Ltd
Clothing Ltd signed a contract to hire a new store manager for a salary of $150,000 per annum. The manager will start work next month.
The founder of Clothing Ltd., who is also a major shareholder, purchased additional stock in another company.
Clothing Ltd borrowed $230,000 from a local bank.

[@fikrebekele7418]

Nice

[@fikrebekele7418]

bravely

[@caajismoon2133]

Hello
How do you know when to credit and debit?

[@ahmedyouness1912]

thank you :)

[@abvd8833]

bravo!!

[@marmarr362]

thaank you

[@khaksargraphics4827]

thanks from u teacher

[@farhanrind490]

salam mam ! please make more videos

[@agnessyusromaulipratiwisam6676]

Thankyou

[@muhammadbilalmukhtar8807]

If have kindly give the link

[@bizuayehutesfaye131]

Thank u but you are fast aliteli bit try to be slow

[@trichert951]

Reduce the playback speed next time. It’s in the video settings.

[@abvd8833]

thank you so much!!¡!

[@jalalai9826]

Great..

[@niyazimi]

V good

[@leonardoeueueu]

The content is great; however, you speak too fast. But, Thank you.

[@salatielainima5439]

It's so imagine

[@Shawarmalovz]

Pls buy a new mic if u haven't already

[@melindabharvey]

ok

[@mustafamohamed6917]

Thanks!

[@ameerjaan9395]

SalaaM waraK mathullah Plzz Make this ViDeo in Urdu Translation plzz and Plzz

[@AbebawKetyalew]

Arif

[@Siman098]

Lpxd

[@VandnaSingh-w7p]

Hindi ma teach kar 👍

[@YouCan-d6q]

Thanks so much