Golden Rules of Accounting with Journal Entries - Debit & Credit - By Saheb Academy

Here I have explained 3 Golden Rules of Debit & Credit in a simple way with practical example of Journal Entries.
It is also called as Golden Rules of Accounts.
I have also explained the traditional classification of accounts which are Personal, Real, and Nominal Accounts.
⏱TIMESTAMPS
0:00 - Intro
02:05 - Golden Rules
13:50 - Journal Entries
This is for the students of CLASS 11, B.COM, BBA, CA Foundation, CA INTER, CMA and any other accounting courses.
Basics of Accounting
• Basic Concept of Accou...
How to Pass Journal Entries?
• How to Make Journal En...
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
Please Like, Subscribe and Share this video on your social media account.
#Accountancy #FinancialAccounting #Class11

[@user-vu4pt5qs6i]

Sir pls put all videos for ca foundation and ca inter. In all subjects. Ur explanation is very expensive ❤

[@SahebAcademy]

I will try my best😊

[@sumangayen8188]

What an explanation ❤

[@mallikarjunshelake5539]

​@@SahebAcademy you are the best explanation sir please carry forward ❤

[@catherinemuthuuri5692]

I love the way you teach. So practical, systematic and simple to understand. Thank you

[@trustme.550]

I loved your explanation thank you so much ❤

[@sunilkumarreddy8385]

Super explanation, I never get this type of explanation, Thank you

[@deepakl2226]

I just Love u yrrrr ❤
The way u teach incridible ❤
tq very much teacher 😇🙏

[@preciousmutsauki3839]

Amazing explanation ❤

[@muruliramesha3674]

Thanks for this video I learnt a lot of accounting knowledge..

[@sumangayen8188]

Amazing sir 🎉
What an explanation ❤ sir .........

[@kalaishivu23]

Thank you sir.... Its amazing no one teach like this your are just amazing... Thank you so much

[@vuUniversity-ut9xp]

Your student of ca

[@okohjustice3921]

Sir you're just amazing

[@fatimohishaq2615]

Jazakumullah bruh😊

[@artistsarena298]

Really it was very helpful....so thankful to you ❤

[@AbhishekDas-o9e]

Thankyou..Very well explained 👍

[@tanmaydey3579]

soo good, so elegant, just looking like woooow :)

[@AfrozeJahan-ed7ir]

Awesome the way ur teaching

[@vishwanath3354]

Your Teaching skills are Excellent😊

[@abhijitdeka2580]

Thank you sir, Happy Teacher day to you on every day and every second

[@Ranga_Roy]

Superb explanation ❤

[@peehu0615]

Amazing ❤

[@nishantyadav6267]

Brother you are great and I request to you please unit costing pe aap video banado 🙏🙏

[@bhupendrakalme4897]

Thank you sir ❤

[@mansoorpullate717]

Thanku sir

[@uwaisi1224]

Love from bhtakal karnataka.. ❤

[@sharukhmrasool4099]

Thankyou so much 🩶

[@veena_machar8075]

your voice is amazing 🤩

[@sulejamito8968]

Great bro. I’m from Africa you taught me alot that I never learnt through classes. Jazakallahu Kheir

[@SahebAcademy]

I am glad to know that 😊

[@niranjanpanchal4656]

God bless you ❤

[@AtulYadav-qe3tp]

very nicely explained...

[@aryasatheesh5221]

Thankyou sir❤

[@capitalgain9261]

sir, please teach the accounting entries including GST and TDS entries, Your teaching is helpful

[@iyyappanb346]

Very nice we explanation bro

[@tanveerziya]

Your way of explanation is amazing bro 🎉

[@SahebAcademy]

Thanks😊

[@XtremeGamingStore]

I have been an account student for last 6 years. but this is best Video ❤❤.Please make summary images and PDF and slides ,make one web and post them on your websiteas well.All would love it.

[@mrholmes2855]

Could u hire me for a job

[@sameermahapatra8046]

Sir can you make a video of underwriting of shares and debentures with journal entries?

[@isaaruna]

Nice video. The only rule that I use is ''Dr. Everything that comes in and Cr. Everything that goes out''. I observed that it works on all scenarios if you know how to apply it

[@maheelkhan4495]

@sahib sir , u have not made any vedios on financial statements.. i have completely covered all the 11th class 27 vedio playlist.. i totally love thae way u teach .. i have a science background.. but u made accountancy easy for me thank u so much..
But pls make vedios on financial statements (trading a/c, p&l a/c, B.S)
Also need partnership accounts .. for state financial accounts assistant exam in j&k

[@SahebAcademy]

#1 Financial Statements - Concept - Easiest Way - Class 11 - By Saheb Academy
czcams.com/video/nIvVSAUw_28/video.html

[@621rishifofani8]

You make accounts interesting.

[@SahebAcademy]

😊👍🏼

[@sandeepb8018]

The best

[@AylinS4649]

Sir, can you upload financial statements with and without adjustments please

[@neeturao115]

Sir please make video of ca inter AS of adv accounting

[@Dhilahdk8536]

Yes sir we need it

[@user-sz8xq6eo7f]

Sir please do video on final accounts

[@versatileclouds9922]

👌

[@dhanushm6310]

Loved it❤
Kindly give some more examples of these concepts in next video..

[@SahebAcademy]

#2 Golden Rules of Accounting - Problem 1 - Journal Entries - By Saheb Academy
czcams.com/video/-DU9MoP0mw4/video.html

[@dhanushm6310]

Thank you ​@@SahebAcademy

[@ajaym7565]

Super 💯

[@AbdulHamid-vt7gr]

Hello sir , I am not from commerce background , and have worked in sales for 10 years but now I want to learn tally as there are some job positions in our city for tally operators. My question is can a non commerce student succeed in that job , I have seen you some Vedic on basic accounting and have clearly understood basic concept of entries . I am resisting to do the career shift , kindly advise

[@khayenbrendapush6480]

How can you assume that when the company started the business, they deposited the cash in the bank?
Was it stated in the problem?

[@vamsipeddireddy9298]

thank you so much, can u explain statement of cash flows.

[@SahebAcademy]

#1 Cash Flow Statements - Concept, Format and Adjustments
czcams.com/video/qMKi2Q3x0UA/video.html

[@Ahamed9980]

@Saheb academy Thank you so much for making such a good video and hat's off you... Keep it up...❤❤❤❤
If possible sir please make one video explaining categories of Assets, Liabilities and Income and expenses...??
Like... (Tangible and Intangible Fixed and Current Asset) and all Liabilities, (OH expenses and miscellaneous expenses) and all incomes with examples of all categories.

[@SahebAcademy]

Sure😊

[@Ahamed9980]

@@SahebAcademy in this video I'm mainly impressed on in the last added one Note prefix and suffix added to a normal account it becomes representative personal account... ❤️❤️
Like these tips or notes pls come with us sir...👍👍

[@SahebAcademy]

I am glad that it's helpful for you 😊

[@Ahamed9980]

​@@SahebAcademy and also why you are not covered in Liability's real account and type of liability sir...??

[@Arudra-jp8fh]

🙏

[@TimepassBDzone]

dear sir would you please explain why Bank Debit for the transaction number one ? how do i mean the person started business deposit in bank?

[@poojababu9614]

Actually the person in starting the business with a huge amount around 50 l since so we are considering it as bank A/c , he is deposited is money in bank right so as per golden rule we are Debiting the receiver , So bank is debited ( Understand as per owner point of view)

[@vinaycr3781]

❤

[@TimepassBDzone]

how do i mean transaction made by bank?

[@adarshsalian3720]

Sir please solve more questions under golden rules of accounts

[@SahebAcademy]

Sure😊

[@SahebAcademy]

#2 Golden Rules of Accounting - Problem 1 - Journal Entries - By Saheb Academy
czcams.com/video/-DU9MoP0mw4/video.html

[@vyshalimalatkar6273]

HI Sir, i Am sceince student like mke videos on Trading and profit and Loss Account and Balance sheet. I have very much problem in preparing this . Pls Pls kindly make videos on this subject.pls

[@SahebAcademy]

#1 Financial Statements - Concept - Easiest Way - Class 11 - By Saheb Academy
czcams.com/video/nIvVSAUw_28/video.html

[@ranganathgowda7258]

Which text book it is any one can name it?

[@peaches5351]

yaa yaa yaa in every sentence tho .this guy was korean in his previous life loll but no doubt u were great.

[@nafilaan7773]

Sir, please do a video on double account system😊

[@SahebAcademy]

Dual Aspect Concept EXPLAINED - By Saheb Academy
czcams.com/video/qOS3hpZ4r14/video.html

[@nafilaan7773]

​​@@SahebAcademysir, i meant the accounts of public utility undertakings (PSU).

[@Maa_ka_magarmach.]

Assalamualaikum sir please make video on partnership account and companies a/c ❤

[@SahebAcademy]

Walaikumsalam, sure I will try to cover these chapters😊

[@Maa_ka_magarmach.]

@@SahebAcademy thanks you sir with the bottom of my heart ❤️

[@chithra_rajj]

Every teacher teachs what is it ?
But you only teach why and how?

[@TimepassBDzone]

why bank bank bank ?

[@beautifullectures]

If he brings capital in cash then the JE should be
Cash acc
To capital acc
Not bank account to capital account

[@Spare-i8b]

You are correct but when the amount is huge you may use the term bank rather than cash has because that much cash is not handled as per our assumption hope you may understand 😄

[@beautifullectures]

@@Spare-i8b u r correct i'm also correct 👍

[@Spare-i8b]

​@@beautifullectureswhich standard are you studying now?

[@beautifullectures]

@@Spare-i8b 1st 😌

[@shankarreddy5649]

Bank is not personal account
It is real account

[@sargamsri]

Brother Could I get you email Id for more help. Thank you 🙏

[@erehh]

You made this so easy to understand thank you🤍