Balance Sheet Explained - Trade Debtors (Double Entry Walkthrough)

In today's video I am going to walk you through the balance sheet starting with trade debtors and in this video I will explain elements of the balance sheet. This will be useful if you are trying to understand how to read a balance sheet.
Here we are going to walk through the double entry involved in a sales that has been recorded in the trade debtors, how to treat the cash received from customers, how to treat sales returns and how to treat bad debt and how they impact the balance sheet.

Пікірлер: 9

  • @yohannesabraham7472
    @yohannesabraham74723 ай бұрын

    Nice and clear... Thanks a lot Rebca

  • @RebeccasFinanceTutorials

    @RebeccasFinanceTutorials

    3 ай бұрын

    Thank you 😊

  • @SheenaT
    @SheenaT13 күн бұрын

    I’m taking Level 2 AAT course in September cause I want to change my career. I find this useful and I’m still trying to understand when to increase and decrease expenses, assets, income and so on

  • @RebeccasFinanceTutorials

    @RebeccasFinanceTutorials

    Күн бұрын

    That's excellent Sheena

  • @yohannesabraham7472
    @yohannesabraham74723 ай бұрын

    Can you please make a video on detailed practical 1.Year end accounting and adjustments 2.opening balances journal, 3.complet UK payroll jurnal with all the possible deductions.(eg.using sage 50 nominal codes)

  • @RebeccasFinanceTutorials

    @RebeccasFinanceTutorials

    2 ай бұрын

    Hello there I have a video somewhere with a trial balance walk-through which shows this but if you can't find it here let.me know

  • @ahtishamulhaq2304
    @ahtishamulhaq23043 ай бұрын

    Hello mam. I completed my 12 Intermediate in CS and now thinking about AAT and Acca. My question are How much the total cost of aat will be How much the maths involve suppose if i am weak in math in previous years of my education. I am currently on job butbhave time for study and currently earning about 300euro but the salary will increase upto 6-7 hundreds euro

  • @RebeccasFinanceTutorials

    @RebeccasFinanceTutorials

    2 ай бұрын

    Hello there have you considered looking at funding that might be available to undertake the aat or acca? Check your local government website firstly as you may be eligible for funding to help towards the cost and secondly you can buy the books second hand if needed and self study which is always an option too

  • @RebeccasFinanceTutorials

    @RebeccasFinanceTutorials

    2 ай бұрын

    It is a common misconception that you need to be good at maths so do not worry about that if you are thinking of a career change

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