How JOURNAL ENTRIES Work (in Accounting)
💥Journal Entries Cheat Sheet → https://accountingstuff.com/shop
Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:15 - Why do we Record Transactions?
02:15 - What are Journal Entries?
02:26 - What does a Journal Entry look like?
03:51 - Manual vs Automatic Journal Entries
04:20 - Journal Entry Example
05:47 - Recap
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero → http://geni.us/B9fw1j
▪ Freshbooks → http://geni.us/Z7DA8l
🖥SPREADSHEET SOFTWARE
▪ Sheets → http://geni.us/fFShU
▪ Excel → http://geni.us/BRPBz
🚶FOLLOW ME ON
▪ Insta → https://www.instagram.com/accountingstuff
▪ Twitter → https://twitter.com/AccountantStuff
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
Видео How JOURNAL ENTRIES Work (in Accounting) канала Accounting Stuff
Accounting Basics Lesson 4. In this episode of Accounting Basics for Beginners, I explain Journal Entries in full! In this episode of Accounting Stuff - Accounting Basics Lesson 4 - you will learn:
▪ The definition of accounting Journal Entries, as part of Basic Accounting for Beginners.
▪ The most common Journal Entry Format and how Journal Entries are recorded.
▪ How to check that your Journal Entries balance.
▪ I will also take you through the differences between Manual Journals & Automatic Journals.
▪ And... of course, we will talk through two Journal Entry examples.
▪ Journal Entries for Dummies
🔴Subscribe for more Accounting Tutorials → https://geni.us/subtothechannel
⏱️TIMESTAMPS
00:00 - Intro
01:15 - Why do we Record Transactions?
02:15 - What are Journal Entries?
02:26 - What does a Journal Entry look like?
03:51 - Manual vs Automatic Journal Entries
04:20 - Journal Entry Example
05:47 - Recap
🔎FAQ
▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m
🔝CLOUD ACCOUNTING SOFTWARE
▪ QuickBooks Online USA (FREE TRIAL/DISCOUNT) → http://geni.us/jA9N
▪ QuickBooks Online Canada (FREE TRIAL/DISCOUNT) → https://geni.us/bNN7
▪ Xero → http://geni.us/B9fw1j
▪ Freshbooks → http://geni.us/Z7DA8l
🖥SPREADSHEET SOFTWARE
▪ Sheets → http://geni.us/fFShU
▪ Excel → http://geni.us/BRPBz
🚶FOLLOW ME ON
▪ Insta → https://www.instagram.com/accountingstuff
▪ Twitter → https://twitter.com/AccountantStuff
🎬LEARN ACCOUNTING BASICS FOR FREE
▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb
________________________
DISCLAIMER
Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you!
________________________
#accounting #accountingbasics #accountingstuff
Видео How JOURNAL ENTRIES Work (in Accounting) канала Accounting Stuff
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
T Accounts Explained SIMPLY (With 5 Examples)How The BALANCE SHEET Works (Statement of Financial Position / SOFP)ACCOUNTING BASICS: a Guide to (Almost) EverythingHow to record a journal entry the EASY way!5 Debit and Credit Practice Questions & SolutionsHow to Make Journal Entries by Saheb Academy - Class 11 / B.COM / CA FoundationLearn Accounting in 1 HOUR First Lesson: Debits and CreditsAccrual Accounting: How it Works & Why it's #1!What Are Liabilities? (SIMPLE Explanation)GENERAL LEDGER: Visual Guide to Posting JournalsACCOUNTING BASICS: Debits and Credits ExplainedBookkeeping Basics for Small Business OwnersRecording Transactions into General JournalThe KEY to Understanding Financial StatementsInventory Systems: Perpetual vs PeriodicHow To Do A Bank Reconciliation (EASY WAY)Deferred Revenue Explained | Adjusting EntriesFA9 - Journal Entries ExplainedPrepayments and Accruals | Adjusting Entries