Sir...i just want to say thank you so much..without your help i wouldn't have gotten through that exam yesterday🤧🤧Your the best😪🤧🇯🇲🇯🇲

@adapttuition

3 жыл бұрын

Happy to hear you found the exam went well! Wishing you all the best!

This is the best explanation ever. Thanks, so much.

@adapttuition

3 ай бұрын

Glad it was helpful! :-) ❤️

if wasnt for this guy i 100% wouldve failed thx sir

@adapttuition

4 ай бұрын

Happy to hear that you succeeded 😊 It’s my pleasure to be of service. Keep up the great work 😊

Thank you so much for this helpful series. I was losing the will to continue with AAT due to the and clumsy textbook narrative but your helpful teaching has really helped me to understand the theory behind the suspense account. Thanks so much!

@adapttuition

2 жыл бұрын

Hey! Super happy you found the content helpful! I know how frustrating it can be with some of those textbooks that just don’t seem to make sense. But good job on continuing to look for the information you needed. It was definitely out there. Keep up the good work!

This is the easiest video class/explanation to understand. Very well explained while doing the examples; besides, it reinforses the knowledge through exercises that are solved at the end. Thank you for taking the time for doing this useful tool for us.

@adapttuition

Жыл бұрын

Hi Yanet 😊 You’re very welcome! It’s my pleasure to do these videos and I can’t wait to start making videos again 😊 Thanks for your awesome comment and keep up the good work!

Absolutely love listening to your accent. Thank you for clarifying everything well on suspense accounts. I needed it ❤

@adapttuition

Жыл бұрын

Happy to help, CoCo :) Thanks for watching and leaving an awesome comment, I really appreciate it! Wishing you all the best!

WOW! I just wanted to thank you soo so much for this video, been struggling with suspense accounts for a while now and your video helped me out soo much! The simplicity of your explanations were so helpful! GOD BLESS!

@adapttuition

10 ай бұрын

Hey Josh! Super happy you found The video helpful. Yes, this is a topic that gives a lot of people trouble. That’s why I wanted to do this video and simplify it so that everyone can understand if they need to. Keep up the great work and thanks for watching.

great online lecturer i've ever come cross so far

@adapttuition

Жыл бұрын

Thanks for your kind words 😊 they are most appreciated Super happy to know you’re enjoying and learning from the content. Keep up the good work! I believe in you 💪🏽🧠

Greatest accounts teacher alive!

@adapttuition

5 ай бұрын

Thanks Kriisy 😊 You’re very kind 🤗

I'm doing an accounting course (fundamentals) and I wasn't getting the suspense account. Searching on KZread, I found your video. This is good. Explanations clear, funny, not to mention the accent! (Trini I assume.) I will be watching more so I can solidify my accounting skills. Much thanks from Ja.

@adapttuition

2 жыл бұрын

Hey, Jerandy! Happy to hear you found the video helpful 😁 Yes, I am from Trinidad 🇹🇹 Thanks for watching and keep up the good work 💪🏽🧠

this was brilliantly set up and a great learning tool for me. thank you

@adapttuition

2 жыл бұрын

Happy to hear you found the content helpful 😊 Thanks for watching! Keep up the good work 💪🏽🧠

It's such a great video,quite clear and straight forward...thanks

@adapttuition

2 жыл бұрын

Glad to know you found the content helpful 😊 Thanks for watching 👍🏽 Keep up the good work 💪🏽

nuff gratitude.Preparing for cxc right now and ive always been watching your videos, ever since i decided to select P.O.A as a line subject in fourth form...FYI.. haven't gotten below 85% since l0l. and i dont plan on losing out on that grade one!!!

@adapttuition

Жыл бұрын

Hey Kenrick! That's awesome! Wishing you the best of luck! Let me know how the exam goes!

Am really learning. You are heaven sent.

@adapttuition

3 жыл бұрын

Happy to hear you are learning 😊 Keep up the good work! You can do it 💯 I believe in you 👍🏽

I love his energy soo much 👏 don't know what I would do without his explanation and help ❤️ thank you soo much

@adapttuition

Жыл бұрын

You’re very welcome, Cody-Ann! And thank you for your awesome comment as well! Keep up the great work 👍🏽❤️

Very helpful, thanks a lot for the high-quality content

@adapttuition

8 ай бұрын

You’re very welcome Ronan 😊 Thanks for watching 👍🏽❤️ And keep up the good work 💪🏽🧠

Respect from Anna Regina Secondary. Thanks in advance for helping me achieve a grade one. 😊

@adapttuition

Жыл бұрын

Hi Yudesh! Happy to hear you found the videos helpful! I'm looking forward to hearing back from you when results come out!

Hi Chris. A very clear and concise video on these errors and how to correct them. But, one error you didn’t mention which I would’ve like to see how it can be tackled is ‘balance transfer error’ - where the general ledger balance was either omitted from the trial balance or a different ledger balance was incorrectly recorded in trial balance from its original general ledger. I’d really like to see a video on how an error like this can be corrected. Thanks

@adapttuition

4 ай бұрын

That’s an interesting one that i actually never heard of. I think it actually came in the Jan 2024 exam. I’ll look into it and see what I can do.

Mr. Chris thanks very much, I owe you many thanks...

@adapttuition

2 жыл бұрын

You are very welcome, Johannes! Thanks for watching :)

so helpful, it finally makes sense!

@adapttuition

Жыл бұрын

Super happy to hear you find it finally makes sense 😊 Keep up the good work!

so good to finally understand this topic...thank youvey much

@adapttuition

10 ай бұрын

Glad it was helpful! Thanks for watching :-) Keep up the good work 💪🏾🧠

Thankyou for the video and the handouts

@adapttuition

3 жыл бұрын

You're most welcome! Glad you enjoyed them :) Wishing you all the best!

Waw, You are a God sent. My teacher send us the link to your series of videos and I'm happy. You are such a fun teacher. i'll keep practising.

@adapttuition

3 жыл бұрын

Thanks for your kind words :) Happy to know you are finding the videos fun :) Learning should be enjoyable at least sometimes, if not all the time.

this is way better and understandable than how my teacher taught me THANK YOU SIR GOD BLESS YA

@adapttuition

10 ай бұрын

Happy to hear that you found the video helpful 😊 Keep up the good work! You’re doing great 💪🏽🧠 Wishing you all the best!

thank you very much for these videos, it was a complicated topic, especially the suspense account but after I watched your videos, I felt more comfortable with that. thanks again for yr help. I wich you are my teacher.

@adapttuition

Жыл бұрын

Thanks for your kind words! So happy to hear that you understood the topic better after watching the video :) Keep up the good work!

You forgot error in completing double entry This is when u record different amount in both accounts But omg you’re honestly the best you’re wayyyyy better than my teacher

@adapttuition

2 жыл бұрын

Hi 😊. Thanks for the compliment and thanks for watching. That error to which you’re referring is one I usually classify as one that affects the agreement of the trial balance. I’ve never heard it called that before but now I’ve learned something thanks to you 😊

thank you so much i have better understanding because of u

@adapttuition

10 ай бұрын

Hi @jarracolley8355 😊 Super happy to hear that you understand better now! This topic can be a bit tricky but you can get it 💪🏽🧠 Keep up the good work ❤️😊

Superb, manny thanks for explanation 👍 👏

@adapttuition

2 жыл бұрын

Most welcome 😊

thank you alot for this this video made me learn it so well

@adapttuition

Жыл бұрын

Hey 😊 Super happy to hear that! Keep up the great work 💪🏽🧠 You got this 👍🏽😊

Thank u so much. I understand well now.

@adapttuition

3 жыл бұрын

Glad it helped! Keep up the Good work! :)

Thank you so much for you video sir I really help me alot. Thank you

@adapttuition

Жыл бұрын

@molitapersaud1363 Super happy to hear that :) Keep up the good work!

I loved the way you explained this it was very helpful thanks sooooo much

@adapttuition

2 жыл бұрын

Glad it was helpful, Sherkima :) Thanks for the awesome comment! Keep up the good work 💪🏾🧠

@itskima20

2 жыл бұрын

I will do you give live classes on Google meet since i have cxc on the 9 th of may for poa i will use your videos to help me study i will also need your help.

@adapttuition

2 жыл бұрын

Hi! My private classes are administered via google meet. We are currently doing past paper revision. If you want more details then you can email me chris@adapttuition.com.

thank u so much sir it clear now

@adapttuition

Жыл бұрын

Super happy to hear that!

Waw I understood thank you so much u r such a great teacher I wish u had u earlier

@adapttuition

2 жыл бұрын

You’re most welcome! Thank you for watching 😊 Wishing you all the best!

Best lecturer and handsome with the best voice🤩🤩🤩🤩

@adapttuition

9 ай бұрын

Thanks for your kind words 😊 Glad you found the content helpful! Keep up the good work 💪🏽🧠

@komuntalejoan7833

9 ай бұрын

@@adapttuition Thank you

@adapttuition

4 ай бұрын

👍🏽😊

Thank you sir best of luck✌✌✌

@adapttuition

2 жыл бұрын

Same to you 👍🏽😊

thak u this video really helped me

@adapttuition

2 жыл бұрын

Happy to hear that 😊

It's good

@adapttuition

3 жыл бұрын

Thanks for watching :)

Thx sir very enjoyable

@adapttuition

Жыл бұрын

Happy to hear that, Aleeyah :) Keep up the good work!

Thank you so much

@adapttuition

2 жыл бұрын

You're most welcome :)

Thanks so much

@adapttuition

2 жыл бұрын

Happy to know you’re finding the content helpful 😊 wishing you all the best!

Loved the penguins of Madagascar (skipper) reference 😂

@adapttuition

Жыл бұрын

:D I think you're the first person who got the reference! Thanks very much :D

Teacher.you.are.amazing.god.bless.you.and.your.family.thank.you.very.much

@adapttuition

2 жыл бұрын

Happy to help! Blessings to you too!

you are amazing thankyou

@adapttuition

2 жыл бұрын

Thanks very much for the compliment, it means a lot 😊 Glad you found the content helpful! Keep up the good work 💪🏽🧠

Thank you 😊 💓

@adapttuition

2 жыл бұрын

You're welcome 😊 Thanks for watching :)

thanks a lot....... the video was helpful but can you please upload more with errors that are a bit complicated. like with other errors instead of undercast and overcast only.

@adapttuition

2 жыл бұрын

Hi, happy you found the video helpful. I’m working on some other topics for the rest of the year. The only thing I’ll be adding to the errors playlist is the correction of net profit. Most other errors can be corrected using the principles in the videos on this playlist.

thank you sir

@adapttuition

2 жыл бұрын

My pleasure 😊 Keep up the good work 💪🏽🧠

god sent

Your work is just wow

@adapttuition

Жыл бұрын

Thanks for watching 😊 Wishing you all the best, Masek!

@masekngoshosh2453

Жыл бұрын

I have a question of business mathematics concerning set theory are you capable of handling it because i have a problem of it

@adapttuition

Жыл бұрын

Hi, I’m a bit rusty with that stuff so I’m not sure if I’d be able to help. Sorry 😕

@masekngoshosh2453

Жыл бұрын

@@adapttuition Can i sent it to you to try

@masekngoshosh2453

Жыл бұрын

@@adapttuitionA sample of 200 people revealed that 10 did not prefer any of the 3 supermarkets under considerations 8 people preferred alk the 3 supermarkets, 80 people preferred supermarket A but not supermarket C, 14 people preferred A and B, 18 people preferred A and C, 30 people preferred A and C but not B, 20 people preferred B and C. Represent akk the data values in a venn diagram.

I believe that's a line from skipper in Penguins of Madagascar lol Thanks for these great videos btw

@adapttuition

3 жыл бұрын

😁 you know it!!! Thanks for watching! Wishing you all the best!

@di-shanaeburnett7407

3 жыл бұрын

@@adapttuition Thank you

i have this error: Goods amounting to $70 returned to A.Jack,has been treated as sales. the amount was debited to the account of a debtor, B.Fowler and credited to the sales account. what do i write in the general journal?

@adapttuition

3 жыл бұрын

Hi! This is a great question. As I mentioned in this video series to correct errors we have to undo the wrong and do the right. So the “wrong” is the recording of the return as a credit sale. To undo this we would need to: Dr. Sales (to undo the sale) Cr. B. Fowler (to remove the dr) Then you need to record the entry that should have been made but wasn’t: Dr. A. Jack Cr. Returns Outwards Hope this helps. Also( be sure to watch this entire video series and try the examples. That will help 😊

@riannurr

3 жыл бұрын

@@adapttuition Sir would this example be a compound error? If so, then what exactly are the errors?

@adapttuition

3 жыл бұрын

The errors are the omission of the correct entry and the recording of an incorrect entry. I suppose you could also think of it as a combo of an error of commission - we debited Fowler instead of Jack - and and error of principle - we credited returns outwards instead of sales.

@riannurr

3 жыл бұрын

@@adapttuition that's what I thought sir. Thank you for responding.

@adapttuition

3 жыл бұрын

My pleasure!

Tnqw sooo so much sir🥺

@adapttuition

10 ай бұрын

You’re very welcome! Let me know what other topics you need help with.

@btsarmychannel6179

10 ай бұрын

@@adapttuition Next I want to watch BRS video.its already uploaded in ur channel sir.u r so great sir.🥺

@adapttuition

10 ай бұрын

@btsarmychannel6179 Hope you find the videos helpful 😊 Let me know if you have any questions

Incredible video presentation Sir! God bless!

@adapttuition

Жыл бұрын

Glad you liked it!

thank you so much. you have really helped me understand suspense a/c

@adapttuition

3 жыл бұрын

You're very welcome! Happy to hear that you understand :)

Thank you so much but I was inquiring how to approach such a question when given a balance sheet

@adapttuition

2 жыл бұрын

HI! It really depends on the info in the question and what was required. If you want to you can reach out to me on Instagram and maybe I can see the question. Otherwise I am as they say, "flying blind".

Sir I understand you way more than my tutor...do u have classes for private students

@adapttuition

Жыл бұрын

Hi Malique 😊 Yes, I do 😁 Message me at chris@adapttuition.com And I’ll give you the details

God bless you sir please do you have a video on statement of change in equity and statement of cashflow

@adapttuition

3 жыл бұрын

Hi! Thanks for watching 😊 at this time I have no CAPE videos 😕 I will be focusing on CSEC stuff for now but the CAPE stuff will be coming later this year.

I can see my 1 already.

@adapttuition

2 ай бұрын

Great! Keep up the good work!

Thankyouuu

@adapttuition

5 ай бұрын

You’re welcome 😊

Hello sir, can you do a vid on corporations with a focus on set offs please? I really appreciate your vids! My teacher can’t teach

@adapttuition

3 жыл бұрын

Hi! I have a whole playlist on limited liability companies (corporations) I did last year. You should find it on my channel 😊 Also, set-offs is something associated with control accounts and I have a video on that too. Just remember with set-offs: 1.) always use the lower amount 2.) it goes on the opposite side of the major balance in each account because it’s function is to reduce the balance in the account. Hope that helps.

@chicken2302

3 жыл бұрын

@@adapttuition ohhh I didn’t even know that was another name for it🤦‍♀️ things bad! Thank you very much

In practice question 4 I messed up in the suspense account and placed capital and loan on the credit side and equipment, revenue and rent on the debit side 🤦‍♀️ because I was saying capital and loan carries a credit figure so it should be there but I realized that when it's understated it just be placed on the opposite side

@adapttuition

Жыл бұрын

There you go! You’re learning from your mistakes 😁 That’s the way to do it 💪🏽🧠

Good day, can you consider doing Cape accounting

@adapttuition

3 жыл бұрын

hi! Thanks for watching :) I'd love to do videos for CAPE Accounting but right now time for making videos is an issue. When I sort out my schedule I'll get back to making videos. I have some more CSEC stuff to make though but what topic(s) would you like to see?

Also, do errors of omission also affect the trial balance

@adapttuition

3 жыл бұрын

kzread.info/dash/bejne/g5d8wambgZatdc4.html Check that video out :)

@ethancolaco14

3 жыл бұрын

@@adapttuition hey sir it's me again. Have you made a video regarding how suspense accounts are made from trial balances?

Sorry sir I dnt understand d loan u said it’s a liability I think u supposed to put it at d credit side or plz explain m confuse

@adapttuition

2 жыл бұрын

Did you listen to the explanation? I explained why I put it on the side I did. Look at it again, listen carefully, pause and take notes. If you still don’t get it message me but I am pretty sure that the explanation I give will be the same as in the video.

can a suspense Account have a balance c/d ??

@adapttuition

3 жыл бұрын

Yes, it can. If the errors can't be found then it will have a balance c/d.

can also error of omission i know its a part of not affecting the trial balance but it can also affect the trial balance

@adapttuition

2 жыл бұрын

If one side/half of a transaction is omitted, yes

Hi, awesome vid, I learnt alot after this but I realized an error in the last part of the vid. I tried to redraft the trial balance with the adjustment but it was still short 5 thousand on the credit side. Help plz. The debit side was 380 and credit 375. I double checked my working but everything was accurate hence the reason I'm asking...

@adapttuition

2 жыл бұрын

Ok will check and let you know Maybe send me a pic on Instagram @adapttuition

@elikhuman3778

2 жыл бұрын

@@adapttuition will do

What about the errors affecting more than one accounts

@adapttuition

Жыл бұрын

Hi, Monica :) Maybe check out this video kzread.info/dash/bejne/eYaJ1LuEZLuYm6Q.html Or check out the past paper solutions for error correction questions that I've posted :)

@Monica-dv1ru

Жыл бұрын

@@adapttuition I mean more than two accounts

@adapttuition

Жыл бұрын

I realized that 😊 And you can check the link I sent.

Good afternoon. How would I record discount received debited to purchases returns?

@adapttuition

7 ай бұрын

Hi, so the basic protocol to correct errors is:- - Undo the wrong, & - Do the right So we would have to do the following: - Credit purchases returns to UNDO the wrong entry - credit discount received to DO the right entry - DEBIT suspense account to facilitate the double entry

@CCJA950

7 ай бұрын

Wouldn't crediting purchases returns increase it?@@adapttuition

@adapttuition

7 ай бұрын

Hi 😊 In your original comment in this thread you said that discount received was debited to purchases returns. The debit to purchases returns was an error and needs to be undone/cancelled. To do this we need to do the opposite of a debit which is a credit. Now, you are correct, if we credit purchases returns we would increase it. But consider that the incorrect debit would have decreased it unnecessarily. And in order to fix that we would need to increase it. Hence the credit. Hope that helps.

@CCJA950

7 ай бұрын

Thanks so much. This clears up everything. I wasn't thinking that the incorrect debit would have decreased it unnecessarily.@@adapttuition

@adapttuition

7 ай бұрын

@CCJA950 happy to help! Glad you understand better now! 😊

At 27:14 where do you get 30 as diff per tb

@adapttuition

2 жыл бұрын

It's $30,000. If you look at the column headers they're "$000" - thousands. I used this presentation to help save space so I could fit the accounts easier and not have to spend time typing out 0's over and over.

@jeffmity5637

2 жыл бұрын

@@adapttuition but then why isn’t every item divided by a thousand underneath thanks for the quick reply

@adapttuition

2 жыл бұрын

They all are. Look at the column headers for the general journal. It’s also $000’s

sir what's wrong to your link adaptitution i need it for having questions

@adapttuition

2 жыл бұрын

Hey Sadick, sorry to hear you’re having issues with the link. Can you describe exactly what’s happening when you click it?

@adapttuition

2 жыл бұрын

Also, what answers are you referring to?

Can someone please send me the link on suspense account

@adapttuition

2 жыл бұрын

Hi, this is the suspense account video. Is it that you’re asking for a link to some other resource?

Thanks a lot for this vid sir. Aren't we supposed to add 20000 as an entry since that is the amount to which 50000 is being added. That's what our teacher said

@adapttuition

3 жыл бұрын

Hi Ethan, you're welcome :) To which part of the video are you referring re the $50,000 and the $20,000?

@ethancolaco14

3 жыл бұрын

12:45

@ethancolaco14

3 жыл бұрын

I also don't understand why suspense is credited. Doesn't loan have to be credited since it is an expense (debit) . In this case, an overcast will reverse the sides of entry

@adapttuition

3 жыл бұрын

Hi Ethan, a loan is a liability, not an expense. If you watch the video from 11:24 you will hear the explanation of the logic

@ethancolaco14

3 жыл бұрын

@@adapttuition Oh okay, so that's why loans will be credited and suspense accounts will be debited when recording an under cast entry and vice versa

Can you do 1. may 2010 Jean and things 2. May 2012 simon long 3. Jan 2017 Authentic sandals My poa teacher was explaining it but I don't understand how to do it still

@adapttuition

3 жыл бұрын

Have you checked my Facebook page? fb.me/adapttuition I have all these solutions there

@nykaromany1745

3 жыл бұрын

@@adapttuition I'm not seeing them I'm seeing the multiple choice questions for 2010

@adapttuition

3 жыл бұрын

@@nykaromany1745 Not instagram, Facebook. The MCQ would be higher up because of the 2020 exam season. Scroll down in the albums section to find what you are looking for.

Hi sir I hope you didn't forget about T accounts to do ?

@adapttuition

3 жыл бұрын

Hi! Which t-accounts? I did quite a few of them in previous videos.

@wilannahbharath6929

3 жыл бұрын

@@adapttuition sir the one that's shaped like a T and they will give you like a list of transactions and you have to say what will be debited or credit and also the account's name as the heading. That's all sir.

@adapttuition

3 жыл бұрын

Oh you mean basic double entry? That’s in the works. Will be out later this year but can’t say exactly when.

@wilannahbharath6929

3 жыл бұрын

@@adapttuition yes ok thanks

Hi can u do A Level Accounting topics?

@adapttuition

Жыл бұрын

Hi! I’d love to but right now things are very busy. I actually have replays of my CAPE classes that I’ve been making available to interested persons.

My guy how are?? I'm struggling with retained income account(appropriation account)

@adapttuition

3 жыл бұрын

Hi! I have a couple of videos up in that. One for partnerships and one for companies. If you’re taking about a statement of retained earnings that might be slightly different but the overarching principle is the same though. Check my channel and let me know if you find it

What type of error is it when a sum of $800 for the purchase of goods was posted to sales account?? I I'm so confused. This effects the trial balance

@adapttuition

3 жыл бұрын

I suppose it depends on the side of the sales account to which it was posted. If it was debited to the sales account that I would say that it is an error of principle given that an expense item was entered in a revenue account. If, however, as I suspect the item was posted to the credit side then I am not sure it would simply be classified as an error of principle as that is one of the 6 (7?) types of errors that do no affect the Trial Balance. If we purchased goods (on credit or for cash) then we need to debit purchases. If instead we credited sales then 1.) we would be missing a debit to purchases (which by itself would cause the trial balance not to balance), and 2.) we have a credit to sales that SHOULD NOT BE THERE, which will also (by itself) cause the Trial Balance not to agree. When we have both of these errors in combination then the effect on the Trial Balance is doubled - the credit side exceeds the debit side OR the debit side is less than the credit side. As to what the name of this type of error is, I am honestly not sure of any actual names given to the types of errors that cause the Trial Balance not to agree. I refer to them as 1.) single entry (a debit or a credit without the corresponding opposite entry), 2.) dr not equal to cr, and 3.) arithmetic errors. I suppose this one where we have two (2) credits happening could be termed a "double credit" error but I further suppose this and the number 1 I mentioned in the previous paragraph could be related and categorized together as they both result from incorrect double-entry.

@pareena9369

3 жыл бұрын

@@adapttuition wow thanks for the long explanation!

@adapttuition

3 жыл бұрын

Hope it helps.

@pareena9369

3 жыл бұрын

@@adapttuition there's another one I found in my book Discount received ($20) posted as a debit to discount allowed account and as a credit to creditors account?? My book Is really confusing me

@adapttuition

3 жыл бұрын

@@pareena9369 Did you watch the earlier videos in this series? Basically you have to reverse those entries and then do the correct entries.

Hello sir. Can you help me out analyze this. (v) The sale of a motor vehicle used in the business (cost Tshs.33,600) at a net book value of
Tshs.3,600,000 had been credited to the sales account. No other entries had been made. 
Required;Show the journal entry necessary to correct the errors. (Narrations are not required.)

@adapttuition

2 жыл бұрын

Hi, I’m not sure how the net book value is more than the cost but when selling non-current assets the proceeds (money received for the sale of the asset) is usually credited to the disposals account. However this is assuming you have transferred the asset to the disposal account. If not you would credit the asset at cost account but for the cost of the asset, not the proceeds

@pillowtalkshow9756

2 жыл бұрын

@@adapttuition it is an error correction question

@adapttuition

2 жыл бұрын

Ok 😊

@pillowtalkshow9756

2 жыл бұрын

@@adapttuition I think I sound stupid but am really confused 😫😫😫 and stressed since it’s my first year doing accounting and I have no background

@adapttuition

2 жыл бұрын

Hey 😊 don’t say that about yourself. You are learning, and that means that before you know and understand the work there will be times where you don’t know and don’t understand the work, and that’s ok! Everyone goes through that. It’s like starting a social media account. Everyone starts with 0 followers 😄 So we all start with near 0 knowledge about things we are learning for the first time. And some things are a bit difficult to wrap our minds around because the concepts might be tricky or have different ways they can be presented. And it takes time to learn and expose ourselves to different things. So you need to be kind to and patient with yourself 😊

Addition error?

@adapttuition

3 жыл бұрын

Hi! Where and when? If you type in the time in the video where you spot the error (like this 02:30) it turns blue and I can click on it and go there and see exactly what you’re talking about. You could also describe it a bit more as that might help me to better understand to what exactly you are referring 😊

Please solve this- Credit sales to Manas 16000 recorded in purchase book as 10000 and posted to debit of Manas account as 1000 I know the answer but I don't know the steps ! Plzzz

@adapttuition

2 жыл бұрын

Hello :) Ok, so I believe that there may be different ways to approach this but what you can do is follow the simple rule: "Undo the wrong, then do the right." To "undo the wrong" I would do the following: (1) DR: Suspense $10,000 CR: Purchases $10,000 - to correct the overstatement of purchases (2) DR: Suspense $1,000 CR: Manas $1,000 - to cancel the incorrect amount entered in Manas' account Then to "do the right" I would do the following: Dr: Manas $16,000 Cr: Sales $16,000 Hope this helps.

@ankitnegi1631

2 жыл бұрын

@@adapttuition thankyou so much for replying so quick,you are just awesome... ✌️ The answer I got is - Manas Dr. 15000 Suspense a/c Dr 11000 To sales a/c 16000 To purchase a/c 10000

Sir Kindly Rectify this error. A purchase of Rs 400 from majid has been enteres into sale book. Majid account has correctly credited

@adapttuition

2 жыл бұрын

Hi, if it's in the book of original entry then we would have to cancel that entry and enter the transaction in the correct book. If however the entry was put in the sales account (on the credit side) we would have to debit sales for Rs400, debit purchases for Rs400, and credit suspense for Rs800

@masoodahmed6579

2 жыл бұрын

@@adapttuition Thankyou Sir. Question say 400 has been entered into sale book (Book of orginal entry).

@masoodahmed6579

2 жыл бұрын

@@adapttuition But my Question is that. Question has not clear whether we have debit the sales account or credit sales account. It say only purchase of 400 entered into sale book. So here what we assume he credit the sales account or debit the sale account?

@adapttuition

2 жыл бұрын

That’s correct! If an item was enter red into the sales book (journal) it will be entered in the sales account in the credit side. 👍🏽😊

@masoodahmed6579

2 жыл бұрын

@@adapttuition ok thankyou for clarifying it

I'm back again.

@adapttuition

Жыл бұрын

Good to have you back @animalworld7473

Darood pak SAW perhe

@adapttuition

2 жыл бұрын

Thanks for watching 😊

Please sir explain

@adapttuition

2 жыл бұрын

Hi! I explain quite a bit in all my videos 😊 Is there something specific to which you were referring?

Can't find your IG

@adapttuition

3 жыл бұрын

Try @adapttuition

you are an amazing tutor! not just have a pretty face

@adapttuition

12 күн бұрын

😊 thanks very much, Lily 🙏🏽