Duration 27:36

Introduction to accounting | Journal | Ledger | Trial balance | Solved Problem | by kauserwise

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Published 10 Nov 2015

Here is the video about Introduction to accounting, Everything explained in simple manner along with the problem. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. If you wish to contribute to our channel, Please use the below UPI. ────────────────▼─────────────── ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ kauserwise@postbank ▓▓▓▓▓▓▓▓▓░░░░░░░░░░░░▓▓▓▓▓▓▓▓▓▓ ──────────────────────────────── Other than INDIA Please Use $uper thanks button Under the video. ►[1] Subsidiary Book Purchase & purchase return Sales & sales return a/c: /watch/kMcm3IA5VKi5m ►[2] Subsidiary Book Bills payable & Bills Receivable: /watch/31=xedni&64vo1_yaAcmGHUCcuAVfjoncBfWR9rbaLP=tsil&gna2pO9sUGUsx ►TRICK to SOLVE - Trading and Profit & Loss account & Balance Sheet with 14 Adjustments : /watch/cYmTKUAgcYLgT ►[2] Rectification of Errors in accounting [Before & After Trial Balance] /watch/k37ZN5yHYb3HZ ►[1] Rectification of Errors in accounting [Under Cost and Over Cost] /watch/UGRTqnSE5WqET ►Playlist Financial accounting video collection: /watch/64vo1_yaAcmGHUCcuAVfjoncBfWR9rbaLP=tsil&0yRaGPQ-maY-o ►Playlist Depreciation in accounting collections: /watch/zLPEDKbBOOvaNPGreGhZxrncBfWR9rbaLP=tsil&szHvfbW5uk55E ►Playlist Partnership accounting video collection: /watch/pOltxc5gouNLcseRbENFVrncBfWR9rbaLP=tsil&cMtYEpslW5alt Follow Us On: =============================== ►Instagram: www.instagram.com/kauserwise_yt_pedagogy ►My channe: www.youtube.com/c/kauserwise (SUBSCRIBE) =============================== 👇List of Subjects and it's Play List👇 ►Financial Management ►Financial Accounting ►Corporate Accounting ►Cost and Management Accounting ►Operations Research ►Statistics Link for ►PlayList - FM [Financial Management video collections] /playlist/PLabr9RWfBcnqbgOWfUpILqZVX7cTKqVDj Link for ►PlayList [Financial accounting tutorial collections] /playlist/PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 Link for ►PlayList [Corporate accounting tutorial collections] /playlist/PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx Link for ►PlayList [Cost and Management accounting collections] /playlist/PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA Link for ►PlayList [Operation Research video collections] /playlist/PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu Link for ►PlayList Statistics video collections /playlist/PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs Thanks kauserwise® What is journal and how to pass journal entries. What is Ledger and how to post ledger, What is Trial balance and how to do trial balance in accounting, What is debit and what is credit.

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Comments - 2342
  • @
    @kauserwise5 years ago =============------=================
    Click the below►►"Read More"◄◄
    👇👇👇To see more Playlists:
    =============------=================
    Link for ►LATEST Journal Ledger & Trial Balance:
    Link for ►Rules of debit and credit Golden rules:
    ►[1] Subsidiary Book Purchase & purchase return Sales & sales return a/c:
    ►[2] Subsidiary Book Bills payable & Bills Receivable:
    ►TRICK to SOLVE - Trading and Profit & Loss account & Balance Sheet with 14 Adjustments :

    ►[2] Rectification of Errors [Before & After Trial Balance:
    ►[1] Rectification of Errors Under Cost and Over Cost:
    ►Playlist Financial accounting video collection:
    ►Playlist Depreciation in accounting collections:
    ►Playlist Partnership accounting video collection:
    Follow Us On:
    ===============================
    ►Instagram:
    ►My channel: (SUBSCRIBE)
    ===============================
    👇List of Subjects and it's Play List👇
    ►Financial Management
    ►Financial Accounting
    ►Corporate Accounting
    ►Cost and Management Accounting
    ►Operations Research
    ►Statistics
    Link for ►PlayList - FM [Financial Management video collections]
    Link for ►PlayList [Financial accounting tutorial collections]
    Link for ►PlayList [Corporate accounting tutorial collections]
    Link for ►PlayList [Cost and Management accounting collections]
    Link for ►PlayList [Operation Research video collections]
    Link for ►PlayList Statistics video collections
    Thanks
    kauserwise®
    ...
    59
  • @
    @bonginkosimncedisingalo16976 years ago The most important 27 minutes of my life. I don't regret watching this vid... I feel like a professor already. Thank you for thed lecture!! Bless up! 54
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    @homo-sapien79932 years ago In my BTech , because of you I was able to clear my operation research exam and in MBA I m here again.
    Thank you so much mam for your beautifully explained video.
    21
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    @niyastp18394 years ago One of the best accounting tutorials i have ever had. Thanks you maam , and keep up the good work 👍🏻 30
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    @ABHISHEKMISHRA-fw9xz6 years ago U r great mam,u r only one on utube whom makes accounts is very easy for me thanku so much❣️ 37
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    @hazaonly7 years ago I'm sure most people are here cz they have exams tomorrow... Just Like me... 1917
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    @danteeep8 years ago this teacher is not bored and does her job right so students can actually understand!! Thank you very much for this video. I wish all teachers were like her!! 291
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    @skyfox96436 years ago wow...i am so amazed by your teaching. i always hated accounts because my teacher taught us everything all jumbled up and i never knew they were called those 3 things. i always used to be lost and confused in class that's why i failed. i have to do up a balance sheet and a 3 year cash projectors for my business and send it for my bank and i didn't know where to start. it has been 1 week now, then suddenly i stumbled across your video. i am still shocked by your teaching because you have explained it so perfect that its all cleared in my head....thank you so very much. i really love your teaching and i appreciated it alot. which you were my teacher back then...lol...much love from Trinidad and Tobago. ... 43
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    @suubowChannel5 years ago I have Exam tommoorow , if you are like me Thumbs up. 143
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    @pmjoshi9 years ago Excellent Ma'm. I am a young student of 63 & was refreshing my accounts knowledge. I am a mechanical enginner with MBA in Finance. I am doing a course in Housing Soc. Management & accounts is the area where we non accounts people are weak. Thanks once again. ... 30
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    @akbarhassan90228 years ago when my accounatncy tr. teaches me accountancy i get bored nd wont understand anything ....tomorrow i hv accountancy first term exam i studied it withing 30 min ....thnkzz tr. this video is very helpful ...thnkzz a lot 33
  • @
    @shabnamkhan81596 years ago I wish our accounting teacher could teach as clearly like you. Your video has been of great help :) 7
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    @nazalsakkaf33606 years ago this women is great< i wish i can meet her one day . she helped me a lot.
    thank you .
    28
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    @kauserwise9 years ago Answer for: what is double entry bookeeping?
    Double-entry bookkeeping means,  every entry to an account requires a corresponding and opposite entry to a different account. For Example, recording rent paid of Rs. 500 would require making two entries: a debit of Rs. 500 to an account called "Rent" and a credit entry to an account called "Cash"
    Rent paid Rs. 500 Entry for this transaction is 
    Rent a/c      Dr     500
        To   Cash a/c   500
    ...
    65
  • @
    @banujifernando97677 years ago hello madam. I happened to stumble upon this video when trying to learn on how to make a ledger account and I must say that you're the first accounting teacher that actually made me understand it. I was also a little unsure about Journal entries but you cleared my doubts. I will be having an accounting examination coming up this week and I cant thank you enough because you just saved my life. Im now confident that I will pass my exams. Thanks for taking your time to make and upload thanks video and for saving my future :) ... 28
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    @dregeonsheart38235 years ago Wow, I have been beating my head around for 4 days to understand the concepts and u mam made me feel nder stand in 15 min....god damn it that was awesome 👍😭 6
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    @vijaykumar-dy4vb6 years ago You explained basic concept of ledger trial balance , in such a easy way thanks a lot 6
  • @
    @Salvadorianpride118 years ago never comment on stuff like this but its am and i got an accounting exam at 9 tomorrow and you basically just explained to me everything we have gone thru in the first month of class in 20 some mins lol thank you! ... 43
  • @
    @doolomer88736 years ago I I'm somaliland @ East Africa, best youtube accounting chanel so far thanks.. You are '' diamond teacher '' Africa 3
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    @joealphi8 years ago Accounting golden rules:
    Real accounts (Balance sheet items) : Debit comes in, credit goes out.
    Nominal Accounts (Income statement items): Debit expenses, credit income.
    36
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    @padoubangi91039 years ago hey my name is padou, i'm from africa i very happy for your help because i had same complication with this subjet but thanks to your explication i'm now able to make any journal, ledger and trial balance whitout any complication, thank you so much and continue to help us. ... 16
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    @AhmedRaza-sz7jy6 years ago Thanks From Pakistan....i am student of ACCA i am so confused in lecture of Fa(Finantial Accounting)and after see your video i am very happy now AND i am so amazed by your teaching AGAIN thanks teacher <3 36
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    @mypfpiswhatourphonesees42945 years ago i'm a business management student and i found your tutorial to be really easy to understand and very nice. I see that the question is not really the complicated one's like what they usually give you in the exams but nonetheless i still learned a lot by watching your video. thank you again Ms. ... 1
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    @francinaaugustine16839 years ago Thank you so much mam, i have attended the exam one and only because of your teaching. i am so grateful to you. 26
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    @suhaybxasan92449 years ago good explanation with good teacher thanks 17
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    @Hazarika-oe7fp5 years ago If i have got more then a like button here. <3 i AM from engineering background AND i knew nothing before this and u have summed up the beginning so nicely. Respect from depth. THE WORLD NEEDS PROFESSORS LIKE YOU MAM. 1
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    @vijaylaxmijogin11215 years ago Mam I really love u like anything I am now MBA students.. Most of the stuff I learned from ur videos when I was in graduation 😘😘 3
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    @mahimabelani90529 years ago OMG THIS IS AMAZING! I SWEAR, YOU HELPED ME ALOT... TOMORROW I HAVE ACCOUTING TEST AND I DID NOT KNOW HOW TO DO LEDGER, WELL, NOW I KNOW! THANKS A LOT! 109
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    @beth79209 years ago Praise the LORD for your talents. I appreciate this video. It gave me the information I needed. Thank you 🙏🙏🙏👍👍👍 5
  • @
    @BennGrace6 years ago Excellent effort. You have made the principles of accounting so simple to understand. I wish all teachers learn from her. 1
  • @
    @sindhushruthi36765 years ago Mam your video are very helpful that too for me... Because whenever I searche for learning accounts doubts all teaching in Hindi 80percent then English... You only clearly teaching in English which helpful like me who don't know other regional language except English.. commonly everyone get use from your videos . You are great madam. ... 2
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    @vivianfernandes52739 years ago Thank u so much for teaching in very simple way.. May god bless u.. 11
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    @mohammadifthakerpasha69419 years ago assalamu alaikum  mam quairiath  ye bahot achcha hai jo apne aisa video banaya hai  bilkul saaf samjhme ara accounts bahoot easy hai samajh me ara hai  shukria allah hafiz 5
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    @harshithl23435 years ago Scored well in operations research only because of your videos and will score well in Financial accounting too..Thank you soo much ma'am...You are an integral part of my Engineering life😄 1
  • @
    @TMkahn4 years ago Excellent explaination of the concept by Kausar Wise. 2
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    @jentab16415 years ago I have exams tomorrow thats why am here today😛
    you are explaining very well madam ...Bless u
    5
  • @
    @nancymiriam9045 years ago I had my coursework about the 3(journal, ledgers and T/B) with trouble classifying these entries but with this video, I am sure of a great A...thank you Kauser Wise. 4
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    @ruthalvesdamota70786 years ago Excellent video class! Well presented and explained. I now have a good idea of recording transactions in general journals, ledgers and compiling a trial balance! Next step is to prepare financial statements: Statement of Profit or loss and other comprehensive income, Statement of Changes in Equity and Statement of Financial Position. Thank you! ... 1
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    @sudhasameekshyanayak78147 months ago Thank you so much mam... Tomorrow is my accounts exam. This video was really helpful😊❤️ 3
  • @
    @musicaccount72407 years ago THANKS A LOT! TODAY IS MY EXAM, AFTER FEW HOURS... AND I AM UNPREPARED, THIS VIDEO HELPED ME LEARN SOMETHING! WOO! 10
  • @
    @deeanncardozo15348 years ago Really helpful Mam!
    I understood much more than my college days! Its been a long time :-)
    Thank you for the precise explanation! You're a great teacher....
    God bless you!
    3
  • @
    @rakeshkalita86226 years ago You are a good teacher who made me understand things in minutes which would have taken hours. Thank you very much.
  • @
    @englishforethiopians34195 years ago I have Exam tomorrow. and this video helps me a lot. thank you so much Mam, from Ethiopia 4
  • @
    @jessicaloweke17409 years ago That explained it ALOT better than my teacher phew, thank you
    I was freaking out tonight when i was trying to do my accounting homework but you just made my night! thank you :D
    17
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    @The_gloriee4 months ago This is one of the best lectures I've ever listened in my 3 years after getting into commerce stream. I didn't understand any of those basics in my 11th and 12th and had to by heart everything back then due to poor lecturers . But now I'll be able to write my boards well in my degree after listening to this lecture and o dont need to by heart this as I understood the concepts very well Thank you very much mam! ... 1
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    @oye.pr4tham9 months ago GREAT JOB MAM WHAT A EXPLANATION I WAS UNABLE TO UNDERSTAND BUT NOW EVERYTHING IS CLEAR 😊😊😊😊😊 2
  • @
    @nevinmathew90036 years ago Mam, You are a god. It is not often I make any comments. But I felt the need to thank you for your patience in teaching a very basic topic that is considered to be boring to people able to teach them. Thank you so much!! 7
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    @naldovilela11389 years ago Hi mam thx so much for you pretty clear explanation......why don't u be come my lecture.....i was find many accounting videos but this is yours is outstanding...thx again keep posting more videos about accounting......its really helping me,,,..thank you mum ... 6
  • @
    @zarusruk55565 years ago Every lecturer should watch your videos
    Thanks 🙏
    2
  • @
    @Accountingplus5 years ago Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. ... 2
  • @
    @Abhishekmishra-co5bx9 years ago this video consist of an excellent explanation of journal,ledger and trial balance
    thanks maam for such an easy and understandable explanation...
    10
  • @
    @mounikerreddy27726 years ago your teachings videos literally saved me from semester...i thought i will never pass in the semester before listening to your class, but after listening to your class i couldn't find a reason to think about failing in the semester... ...
  • @
    @zenoflearning79685 years ago Namashkaram madam,
    Loads of thanks for this brilliant work. It's really helping me to recaptualte and anyone can learn the basic in one watch.
    Thanks and regards
    2
  • @
    @tracilowe24246 years ago Thank you for the help, I wish you were my accounting professor. 3
  • @
    @tahsinfarzy16718 years ago Mind Blowing!!! Just solved my problem... thank u thank u sooooo much 14
  • @
    @dasariguruvamsi36505 years ago Thanks for u r video about ledger, journal, trail balance...it had helped me a lot ..for exams.... 2
  • @
    @zakierdegrass53806 years ago This video is great thank you good Samaritan 😀😀 8
  • @
    @burningice255710 years ago Amazing.. neat and to the point discussion..
    Explanation of Trial Balance was superb.. Thank you Madam..
    3
  • @
    @rajnandini43595 years ago thanks to YouTube. .as because of it we r here to aware ,about a wonderful angel as a teacher 😊😊who mke the viewers to love accountancy😊😊😊😊😊😊😊😊 thnks a lot 👌👌 1
  • @
    @hellobhaikaun97026 years ago You are doing a wonderful job madam. Even person not familiar with accounts can understand and manintain. 1
  • @
    @RudyMicubo6 years ago more thank you for this tutorial video...
    from philippines😍
    4
  • @
    @godarzimasoud47805 years ago Hi, I'm member of IACPA & IACTC in Iran I love this video it's very simple and strong.
  • @
    @saisekharreddykallam57306 years ago I don't known about accounting in class teachers not telling like this by seeing this video I can get some thing thanks very much madam 3
  • @
    @kmmohamedmagdoom64016 years ago CLEAR AND SIMPLE EXPLATION. THANK YOU MADAM 14
  • @
    @ladyandee19 years ago Thank you very much...you are very thorough and explained the work clearly.....thanks again....all the best 7
  • @
    @davidolori62415 years ago Amazing indeed..many thanks from South Sudan for the great job!! 3
  • @
    @fatmabaadel69639 years ago I just salute you madam. I was a dummy in this but now am an expert , am not scared anymore of accounting exams. Ur have been of so much help. May Allah bless you, n pleeeeeeeeeease keep on posting more videos coz u r my main source now. ... 4
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    @cppxaxa9 years ago Thank you for your excellent explanation .. 6
  • @
    @ArshdeepSingh-fm2sj3 years ago Your channel and all videos are very useful. I have got 70 out of 70 in my operation research exam in University exam. Thanks for awesome videos. Every concept is very clear and easy to understand. 😊 1
  • @
    @mohammedakram87655 years ago Thank you very much for Kauser wise Mam, she has explained in a detailed, simple and easiest method 1
  • @
    @sathyasadhana93536 years ago Ma'am no words! Thank you so much. Your way of explaining is cristal clear. With a teacher like you the students will come out in flying colours. Thank you once again. 4
  • @
    @firojpunekar25585 years ago I am studying accounts in kannada midiam at 1st year and second year change the accountancy in English so want a good teacher and my teacher became you madam 2
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    @maejankayedconejos5 years ago Oh my goshhhhh thank youuuu I don't need to review my notes anymore I've learned a lot from you thank youuuuu💓💕
  • @
    @olive45145 years ago This is my best tearcher thanks so much 6
  • @
    @manishpattu83086 years ago I'm a science student studying BBA and this video has helped me a lot to master the basics. Thank you so much 1
  • @
    @soumya07052 years ago Excellent accounting learning video that I ever watched ❤️ 2
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    @captainbob66809 years ago this is @Kauser Wise..... nice job.Watching all the way from Kenya.Was preparing for a cat but had no time.but after watching this video was and others you posted i was able to pass.keep up the good work. :) 3
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    @ABHISHEKVERMA-yr4db5 years ago Tomorrow is my exam nd this video helps me a lot to understand the fundamentals of Journal, Ledger and Trial Balance..
    really thanks ❤️🙏😘
    5
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    @a.h25006 years ago You are a great tutor ! Such a informative video . I added it to my list so I can review it every now and then . Thank you ❤️
  • @
    @naumanbangash56745 years ago Thanks Mam from Pakistan..I'm listening to your lecture.... 2
  • @
    @Andee1489 years ago Lovely really helpful don't know how to thank you. 5
  • @
    @banupriyaganesan52626 years ago Deivamaey neenga romba nalla erukanum 😍 8
  • @
    @babukothandaraman9846 years ago Hello madam,
    Your way of teaching Accountancy is excellent. My sincere thanks to your dedication.
  • @
    @hiraballabhpandey74136 years ago no words for you........i can only say that you helped me to overcome my problems..thank you so much for this video....
  • @
    @rathishkumar50587 years ago hi I'm studying 11 std this video is very helpful to me 28
  • @
    @kumarakshay38706 years ago Thank You Soo Much Ma'am.
    You have explain the numerical in very easy and awesome manner.
    1
  • @
    @arundboss04285 years ago Mam the way u teach is really awesome! Thanks ❤ ! Ur videos has helped lot of students like me 2
  • @
    @shanmugapriyaanbazhagan92566 years ago Ledger teaching is very nice🙋🙋🙋🙋🙋🙌🙌🙌🙌🙌💯💯💯💯💯💯💯💯💯💯💯💯💯💯 3
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    @Jaswanthsure10 years ago AWESOME EXPLANATION ..!! THANK YOU ..!!  8
  • @
    @goutammondal85515 years ago Nice teaching Ma'am.
    Your video helped me while I'm doing my Accounts project. As my teacher didn't taught me. And others teacher must be like you.
  • @
    @RICK-tj1lz5 years ago first time watched a accounting video and really clearly understood and didn't got bored...thank u maa'm..
  • @
    @saurabhkumar-yf9gq6 years ago Mam please upload full vid. of issue of shares 6