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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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💯
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 !!
OMG thank you thank you I understand this accounting very well now.😅
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.
this is the best video on general ledger in the whole of youtube and it is explained so simple with complete understanding
couldn't have explained it simpler, perfect!!!
Thank you for these videos, they are really helping me with my new job, I feel confident.
Thank you so much, these examples really help my daughter whose doing accounting ☺️☺️
Can you please do the debtors control and creditors control account using the same example
These videos are very helpful thank you very much for them...
Yoh, I've been struggling with accounting this year, this rlly helped, thanks
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Thank you so much I understand this now and maybe next time I won't come here a day before the test
Wow.. this really helped me a lot🖤thank you
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Best explanation ever thanks
thank u so much for these helpful videos
OMW YOU ARE GODSENT THIS REALLY HELPED AND I LOVED HOW YOU MADE SURE WE UNDERSTOOD
amazing website. Should the figure of 1688 in daj journal be recorded as a sales return in the Sales Ledger?
This was very helpful, thank you❤
Ur videos really helped me for my exam
Thank you so much now i understand
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Me who's finding it in term one 🎉
NoCap this video helped me
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Thank you
Was very helpful
Thank you for this Sir. Really appreciate your thorough explanations. Is it possible that you can send me the Debtors control t account.
Thank you!! ✨
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i watched this yesterday on aced y test.
Dankie neh
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.
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Thank you sir
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helped so much🙏
still the video i look back at before the exam :)
so is the debtors journal same as the sales journal ?
Is the debtors journal and sales journal the same thing?
Thank you
thank you :))
Will you be kind to do the Wages Journal
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...
Thank you for the feedback. Working on it. Do let us know if you need further assistance with a specific video or document.
please explain on how to use balance using VAT
Check previous videos
Wait but wouldn't the DAJ still affect sales as it reduces the amount of money that you earn when your debtors pay you
Lit vid bro
I thought sales are also entered in the trading stock ledger
I thought expenses increases on the credit side. Kindly explain if you can.
Expenses increase on the debit side
Use the rules
Dr.
PEA
Purchases
Expenses
Assets
Cr.
RLS+C
Revenue(income)
Liability
Sales
Capital
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?
Expenses are recorded on the debit side, you debit expenses assets and drawings you credit liabilities income and capital DEAD CLIC ( abbreviation)
I did not understand anything you should have explained it simpler
Thanks for the lesson really appreciated