Posting from Journals to General Ledgers | with Examples

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  • čas přidán 24. 07. 2024
  • In this accounting example, we explain what posting to ledgers is and how it is completed. We go through examples of posting journals to general ledger accounts and balancing the general ledger (T-Accounts) accounts.
    1) Posting to Trading Stock General Ledger Account (T-account):
    2) Posting to Sales General Ledger Account (T-account)
    3) Posting to Cost of Sales General Ledger Account (T-account)
    4) Posting to Equipment General Ledger Account (T-account)
    5) Posting to Insurance General Ledger Account (T-account)
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Komentáře • 60

  • @nyikana_ngcebo
    @nyikana_ngcebo Před měsícem +4

    Woooow! I’ve been doing accounting for 3 years but never understood this until I watched this video, thank you sir!!!! Great lesson it was💯

  • @isramalik-rt8pt
    @isramalik-rt8pt Před 8 měsíci +18

    OMG THANK YOU !!! ive been doing accounting this year and was struggling this really helps me gain more skills and experience for my november grade 10 exams thank you !!

    • @LemusonTjatindi
      @LemusonTjatindi Před měsícem +1

      OMG thank you thank you I understand this accounting very well now.😅

  • @Inyosi888
    @Inyosi888 Před měsícem +2

    Thank you so much. I am 44 years and first time studying accounting, studying remotely is not helping at all but your video has just made my learning easier.

  • @user-ic2eb5vq9b
    @user-ic2eb5vq9b Před 8 měsíci +12

    this is the best video on general ledger in the whole of youtube and it is explained so simple with complete understanding

  • @hiteshjadesingh183
    @hiteshjadesingh183 Před 2 lety +18

    couldn't have explained it simpler, perfect!!!

  • @boitumelo9915
    @boitumelo9915 Před rokem +4

    Thank you for these videos, they are really helping me with my new job, I feel confident.

  • @MaureenGailer-oe4vi
    @MaureenGailer-oe4vi Před rokem +1

    Thank you so much, these examples really help my daughter whose doing accounting ☺️☺️

  • @phuthumanakani3825
    @phuthumanakani3825 Před 2 lety +16

    Can you please do the debtors control and creditors control account using the same example

  • @yolandandabeni531
    @yolandandabeni531 Před 3 lety +3

    These videos are very helpful thank you very much for them...

  • @GISHYGISHY
    @GISHYGISHY Před 7 měsíci

    Yoh, I've been struggling with accounting this year, this rlly helped, thanks

  • @user-tc8zj4mq8m
    @user-tc8zj4mq8m Před měsícem

    Various, DAWG, you've helped my friend and I, Maseko and I. Thanks Various.

  • @zondanisekhova7995
    @zondanisekhova7995 Před 2 lety +1

    These videos really helped my son thank you sir

  • @QUANDALE123
    @QUANDALE123 Před 2 lety +1

    Thank you so much I understand this now and maybe next time I won't come here a day before the test

  • @tiisetsow.3474
    @tiisetsow.3474 Před 2 lety +6

    Wow.. this really helped me a lot🖤thank you

  • @anonymoussss746
    @anonymoussss746 Před rokem +6

    Words can't express how thankful I am man, u deserve a sub

  • @LemusonTjatindi
    @LemusonTjatindi Před měsícem +1

    Best explanation ever thanks

  • @sanelemwelase
    @sanelemwelase Před 3 lety +2

    thank u so much for these helpful videos

  • @DESIREMOLEFE
    @DESIREMOLEFE Před rokem +1

    OMW YOU ARE GODSENT THIS REALLY HELPED AND I LOVED HOW YOU MADE SURE WE UNDERSTOOD

  • @johnjoecawleyie6004
    @johnjoecawleyie6004 Před 2 lety +4

    amazing website. Should the figure of 1688 in daj journal be recorded as a sales return in the Sales Ledger?

  • @tsholorelebohile83
    @tsholorelebohile83 Před 3 měsíci +1

    This was very helpful, thank you❤

  • @juniordeking8032
    @juniordeking8032 Před 2 lety +1

    Ur videos really helped me for my exam

  • @sharonmndzebele7546
    @sharonmndzebele7546 Před rokem +1

    Thank you so much now i understand

  • @Abbymonayy
    @Abbymonayy Před 8 měsíci +2

    Why did I not find this in term 1😭this is so helpful ❤

  • @kamobodlani9524
    @kamobodlani9524 Před rokem +3

    NoCap this video helped me

  • @SpreadtheWord.podcast
    @SpreadtheWord.podcast Před 3 lety +2

    Well explained thank you

  • @zeemahlaba8372
    @zeemahlaba8372 Před rokem

    You save me with this video😭😭❤❤❤❤

  • @strawhatsachin4908
    @strawhatsachin4908 Před 2 lety

    Thank you
    Was very helpful

  • @nokuzolamcetywa5410
    @nokuzolamcetywa5410 Před 2 lety +10

    Thank you for this Sir. Really appreciate your thorough explanations. Is it possible that you can send me the Debtors control t account.

  • @Enriyx
    @Enriyx Před 3 lety +1

    Thank you!! ✨

  • @user-hs4ey8kv3t
    @user-hs4ey8kv3t Před 4 měsíci

    thank you so much, this really helps!

  • @user-ty6xf4dg9k
    @user-ty6xf4dg9k Před 10 měsíci

    Thank you so much❤.helpful.

  • @savageboi2263
    @savageboi2263 Před rokem

    yho bruh.
    i watched this yesterday on aced y test.
    Dankie neh

  • @maprezee5370
    @maprezee5370 Před rokem

    Please advice how do we write a ledger for bank of the current month, if the company had an overdraft brought down of the previous month.

  • @user-kb4zk3hq5b
    @user-kb4zk3hq5b Před 4 měsíci

    Thanks, this was helpful 🙏🏼👍🏼🙏🏼👍🏼🙏🏼

  • @batha_playz6033
    @batha_playz6033 Před rokem

    ❤this helped thanks love you🔥

  • @cobragaming4690
    @cobragaming4690 Před rokem

    Thanx this was Exactly wat I needed🎉

  • @prayerforbes
    @prayerforbes Před rokem

    Thank you sir

  • @hlukanieastonish9937
    @hlukanieastonish9937 Před 3 měsíci

    It was really helpful

  • @venekaisithole4226
    @venekaisithole4226 Před 4 měsíci

    helped so much🙏

  • @vishekgopal9728
    @vishekgopal9728 Před 2 lety

    still the video i look back at before the exam :)

  • @onkevundisa9526
    @onkevundisa9526 Před 3 lety +1

    so is the debtors journal same as the sales journal ?

  • @Vanessa_TK
    @Vanessa_TK Před 6 měsíci

    Is the debtors journal and sales journal the same thing?

  • @andamatshoba7020
    @andamatshoba7020 Před 2 měsíci

    Thank you

  • @idk.0420
    @idk.0420 Před 2 lety

    thank you :))

  • @Inyosi888
    @Inyosi888 Před měsícem

    Will you be kind to do the Wages Journal

  • @thembamsimanga1616
    @thembamsimanga1616 Před rokem

    My good Sir. I don't know how to inbox you but I have a few suggestions concerning the video about the general ledger. i feel like they are not put together in an organized manner because the examples of the general ledger T accounts without the VAT are not put together with the one with VAT. i had to look and search for that other one and i found it several hours later. Time wasted so to speak.
    I am a new member by the way i just joined few days ago with the monthly subscription. these videos are a treasure to me. Thank you so much...

    • @Counttuts
      @Counttuts  Před rokem

      Thank you for the feedback. Working on it. Do let us know if you need further assistance with a specific video or document.

  • @smah4142
    @smah4142 Před 3 lety +1

    please explain on how to use balance using VAT

  • @liandileliandilekole488
    @liandileliandilekole488 Před 8 měsíci

    Wait but wouldn't the DAJ still affect sales as it reduces the amount of money that you earn when your debtors pay you

  • @RBVLOGSSSS
    @RBVLOGSSSS Před 2 lety

    Lit vid bro

  • @mthulisincube4305
    @mthulisincube4305 Před 4 měsíci

    I thought sales are also entered in the trading stock ledger

  • @naledimoshweu6105
    @naledimoshweu6105 Před 2 lety +1

    I thought expenses increases on the credit side. Kindly explain if you can.

    • @jeffpets2155
      @jeffpets2155 Před 9 měsíci

      Expenses increase on the debit side
      Use the rules
      Dr.
      PEA
      Purchases
      Expenses
      Assets
      Cr.
      RLS+C
      Revenue(income)
      Liability
      Sales
      Capital

  • @user-ue7ty6zn4v
    @user-ue7ty6zn4v Před 4 měsíci +1

    But you lost me when you said Insurance is an expense but you said it increases on the DR and decreases on CR like how?

    • @Sapien22
      @Sapien22 Před 3 měsíci +2

      Expenses are recorded on the debit side, you debit expenses assets and drawings you credit liabilities income and capital DEAD CLIC ( abbreviation)

  • @KoenaHlahla-po4fm
    @KoenaHlahla-po4fm Před 9 měsíci

    I did not understand anything you should have explained it simpler

  • @nkosinathimnisi543
    @nkosinathimnisi543 Před 3 měsíci

    Thanks for the lesson really appreciated