Golden Rules of Accounts | Rules of Debit and Credit |#2 Journal Entries Accounting | Class 11
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Real, Personal, Nominal Accounts and Golden Rules of Accounting. Golden rules of Accounts, what is personal accounts , what is nominal accounts, what is real accounts,
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For Free Notes/PDF/ Test and All-Important stuff 👇
Telegram Channel Link is t.me/Class11AF
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐅𝐮𝐧𝐝𝐚 𝐀𝐩𝐩 𝐚𝐭 𝐏𝐥𝐚𝐲𝐬𝐭𝐨𝐫𝐞
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𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐬 𝐅𝐮𝐧𝐝𝐚 𝐀𝐩𝐩 𝐟𝐨𝐫 𝐢𝐨𝐬 (𝐔𝐬𝐞 𝐨𝐫𝐠𝐚𝐧𝐢𝐬𝐚𝐭𝐢𝐨𝐧 𝐂𝐨𝐝𝐞 𝐅𝐔𝐍𝐃𝐀)
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𝐖𝐞𝐛𝐬𝐢𝐭𝐞: AccountsFunda.com
𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦 : t.me/AccountsFunda
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𝐂𝐥𝐚𝐬𝐬 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬 : • Class 12 Accounts Clas...
𝐒𝐭𝐞𝐩𝐬 𝐓𝐨 𝐭𝐚𝐤𝐞 𝐭𝐡𝐞 𝐓𝐞𝐬𝐭
1. Download “Accounts Funda” App (Android Phone)
a. play.google.com/store/apps/de... ( Android)
b. apps.apple.com/in/app/myinsti... ( Apple ,Enter ORG Code : FUNDA)
2. Register as a Student
3. Go to Course : “Class 11 Accounts | App Access | CBSE/ISC | Full Course | 2022-23 | 160 Hours | 400 Questions”
Link is on-app.in/app/oc/73127/funda
4. Click on Content
5. Click on “Chapter 5: Journal Entries”
6 Attempt the Test
Real Account
• Represent the Assets and Properties Accounts:
• Classified into
1. Tangible Accounts: Land, Building, Machinery, Cash, Furniture,
2 Intangible Accounts: Goodwill, Patents, Trademark
• Generally, have a Debit balance only
• Golden Rules of Accounting for Real Account
- Debit: What’s comes in
-Credit: what’s goes out
• Example: Furniture Purchased for Cash Rs 5,000
Furniture Dr ( Coming in) 5,000
To Cash ( Going Out) 5,000
Personal Account:
• It Represent the person or Business (Firms, Proprietorship Firm, Company etc)
• Can be classified into three
1. Natural Person: Vaibhav, Neha
2. Artificial Person: Reliance Industries, Wipro Ltd , HDFC Bank
3. Representative Company: Outstanding Expense , Outstanding Salary , Prepaid Rent
• They can have Debit or Credit balance
• Golden Rules of Accounting for Personal Account
-Debit the Receiver
-Credit the Giver
• Example: Cash Given to Neha Rs3,000
• Neha Account Dr (Receiver of Cash) 3,000
To Cash (Going Out) 3,000
Nominal accounts
• Related to Income / Gain and Expense /Losses Account
• All kind of Income and All kind of Expense are classified as Nominal Account
• At the end of year, they are transferred to the Trading Account or Profit and Loss Account
• Golden Rules of Accounting for Real Account
-Debit: All Expense and Losses
-Credit: All Income and Gain
• Example: Salary Rs 12,000 Paid
Salary A/c Dr ( Expense ) 12,000
To Cash ( Going Out) 12,000
#GoldenrulesofAccounting
#rulesofdebitandcredit
#journalentry
𝐅𝐮𝐥𝐥 𝐂𝐨𝐮𝐫𝐬𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞
Class 11 : accountsfunda.com/product/acc...
For Full Class 11 /12 Video Please Visit www.AccountsFunda.com or Call / WhatsApp at 9549168168 for Class 11th and 12th (CBSE) Accounts
𝐊𝐞𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞 𝐨𝐟 𝐏𝐞𝐧 𝐝𝐫𝐢𝐯𝐞 / 𝐌𝐞𝐦𝐨𝐫𝐲 𝐂𝐚𝐫𝐝 𝐕𝐢𝐝𝐞𝐨 𝐋𝐞𝐜𝐭𝐮𝐫𝐞 𝐨𝐟 𝐂𝐥𝐚𝐬𝐬 11 𝐭𝐡 𝐂𝐥𝐚𝐬𝐬 𝐛𝐲 𝐂𝐀 𝐃𝐞𝐞𝐩𝐚𝐤 𝐋𝐚𝐥𝐰𝐚𝐧𝐢
• Full Syllabus Covered
• 400 Question Solved in over 160 hours of video Lecture
• Very Detailed Lectures
• Each topic has been explained in most Simplified Way Possible
• Question Bank Book Covering all the question that can be asked in exam has been explained in video lecture
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𝐀𝐛𝐨𝐮𝐭 𝐃𝐞𝐞𝐩𝐚𝐤 𝐋𝐚𝐥𝐰𝐚𝐧𝐢
• Deepak Lalwani, Chartered Accountant (CA) is known for his ability to explain accounting in a clear, concise, Simple and thorough manner.
• He can be reached at 9549168168 ( via Call or WhatsApp)
Пікірлер: 1 100
𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩 𝐆𝐫𝐨𝐮𝐩 𝐋𝐢𝐧𝐤👉 bit.ly/3LZxDAx 𝐉𝐨𝐮𝐫𝐧𝐚𝐥 𝐞𝐧𝐭𝐫𝐢𝐞𝐬 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭 👉bit.ly/3BtTV7v 𝐃𝐨 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐨𝐮𝐫 𝐜𝐡𝐚𝐧𝐧𝐞𝐥 𝐢𝐟 𝐲𝐨𝐮 𝐥𝐢𝐤𝐞 𝐭𝐡𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 👉bit.ly/3LCjN4i
@saimashafiq5079
Жыл бұрын
I want help in sage entry do u help me
@vinitakumari9005
Жыл бұрын
Video bahut bahut acha laga sir jee
@kanikatiwari8299
Жыл бұрын
WhatsApp group full ho gya😢😢
@sornaraj7944
Жыл бұрын
⁰⁰0⁰⁰000
@DivyaSingh-to3br
11 ай бұрын
Hello
मैंने बहुत सारे विडियो देखा सर जी लेकिन कोई बिजनेस एंटिटी concept को समझा नही सकते थे, और अकाउंट को पहचान नही पाते थे। आपके विडियो में पूरा concept क्लियर हो जाता है।🙏🙏
@AccountsFunda
Жыл бұрын
Thanks a lot ji .with your love and blessings .we will grow more big ...thanks for this complement
@rajenmohale9939
Жыл бұрын
🙏
@avanishtiwari4157
Жыл бұрын
सही कह रहे हो भाई
@mohdfaim7322
Жыл бұрын
@@AccountsFunda sir apka koi whatsapp number h kya
@radhey2510
Жыл бұрын
Business entity concept ka seedha sa mtlb hai ki... businessman or business dono ek dusre se alag hain..
Aaj se pehle Maine kabhi accounts ki aisee lecture attend nahin ki hai.😍😍mera entry se related har ek concept aapne clear kr diya.such a great explanation sir💖💖.hats off to you sir👌👌👌
Really excellent lecture. Begining of accounts, journal entry confuses even intelligent people. You made it crystal clear. This lecture is a masterclass. Congrats
@AccountsFunda
Жыл бұрын
thanks a lot ji...glad that u like the lecture
This was extremely helpful. You made it so easy and clear. Thank you sooo much
What a simplifying method of teaching.. Really awesome..great sir
No words...... amazing explanation actually I'm the humanities student but I'm pursuing BBA ....so, I face difficulties in accounting thank you so much sir ! For explaining this! 😊
@shanansari8550
10 ай бұрын
Bro same me mera semester hai aap batado accounts kese cover kru bhai
one of the best mentor i rellay like your lectures and I suggest all business related students to watch you will learn a lot.thanks sir.
This is really so helpful information about accounting and this video really helps me to know accounting concepts and meaning 👍😊 Thankyou so much sir 😊🙏
Concept cleared about account dr cr entires. 👍🏻👍🏻, nice way to tech, easy to understand
I am a B.A(Pass) degree holder but you have a superb way of teaching which made me an expert in Accounting and will help somewhere myself to find a job in the accounting field. Thanks for making such a tough concept much easier for non commerce background candidates
@mdgolu5776
Жыл бұрын
Aap v art's k students ho bhai
@mdgolu5776
Жыл бұрын
Mai v hoo accounting kr rha hoo ICA me
@Thukai-Operater
Жыл бұрын
You found?
Very nice vedio...bahut problem face karni pad rhi thi ..lekin apne sari problem solved kr di
What a simplifying method in teaching....❤️ thank u so much sir....i cant express this vedio is very helpful ❤️💞
I am really happy to have such a mentor on KZread who have the ability to make understanding in Micro Accounting even for the Non-Commerce background people. I can say all that you are the one & only "Dronacharya" the great Teacher for all of us. I am feeling blessed to attend all the sessions on your channel. Thank you so much sir.
@AccountsFunda
Жыл бұрын
Thats so nice complement vipin....so nice of u to consider me in such a high regards...thanks vipin for ur blessing :)
@rushikeshjadhav9466
11 ай бұрын
Golden rules of account, personal accounts debit the receiver credit the giver, 2 . Debit what comes in credit what goes out. 3 , debit all'expens And losses credit And income and gains
Sir, really u are the masters of master.hatsoff to u sir. U left me of speechless,nd from last one year I have came across many teachers of accountancy but like u the best tutor, You made this easy to understand and prepare us for the road ahead.now rest on jkssb.thank you sir.
@AccountsFunda
Жыл бұрын
Thanks a lot ji...glad that u like my lecture.....and thanks for such a nice complement...made my day
What a spirit of teaching, unbelievable experience Thanks
Sir I have so many videos of accounts but you have convinced me in best ways and cleared the doubts thanks a lot
Your teaching method is great sir🙏🏻
I can't express in my word ...this video is how much helpful for me🤗
@AccountsFunda
Жыл бұрын
Thank u so much chandni😊
@Vipvideo401
11 ай бұрын
Good 🎉❤
Thank you very much sir literally my accountancy teacher was not able to clear my doubts. this topic was very complicated for me to understand but you cleared my all doubts thanks a lot .
Gazab sirrrrrr..mjh jese ko smjh agaya jse acounts ki koi knowledge nhi..jo account wale hain wo to or ache se smjh skte hain...veryyyy goooood sirrt.hats off.
@AccountsFunda
7 ай бұрын
Hahaha...thats so nice of u...thanks for such a nice feedback
No words. You made each and every concept very easy to understand. ....... Subscribed to get all videos
@AccountsFunda
Жыл бұрын
Thanks a lot swati
You're a best teacher of commers in the world I really like your teaching style and I also enjoy your teaching very well😊😊 Thank you so much sir😊😊😊😊😊
Sir main khud account executive hu per Aaj Tak itne ache se to main ni smj paya type of account ko Thank you
Kafi achche se samjhaya h aapne bhul chuki thi 5 saal pehle padha tha yeh SB.thnx
Super sr this is very useful and helpful lessons thanks
Excellent lecture ❤️❤️.. I am BA pass degree holder but you teach me accounts very clear..so thank you so much 🙏🙏
Really ....You are great in Explained about accounting ....thank you very much Sir for the sharing this Video
Thank u sir for this video. I completely understood 😀😀🙏🙏
Thank you so much sir.. 🙏 you explained vry smoothly.. and it was really easy to understand every step.. thank you very much sir 🙏
@AccountsFunda
Жыл бұрын
Thanks a lot ji....glad that you like it
Excellent presentation of subject. Fast faced, time saving.🎉
@AccountsFunda
Жыл бұрын
thanks a lot ji
@user-lt8bj3zc9t
4 ай бұрын
Hii❤❤@@AccountsFunda
Just amazing the way of taching, all concepts are cleared thanks sir 😌
Thank you so much sir. In this video I easily understood all the concepts of golden rule 🙏🙏
Very well explained 👏 Sir, thank you so much 🙏
@AccountsFunda
Жыл бұрын
Thanks Kamal
Sir me tally seekh Raha hu aur 3-4 din se entry pad raha hu lekin kuch samajh nahi aa raha Lekin aapki basic se 4 class dekhne ke baad pura clear ho gya Thank you so much sir for this excellent video 🙏🙏🙏❤️❤️
I m really happy it has been made so easy to understand
Thanks For Yourself Update Ourselves. Very KIND of Yourself Mentor.
Hello Deepak sir, This is Helly. I am working in accounting firm right now, but however my account funda is not that much sound. but i have seen your video from basic and it is helps me a lot. moving forward also i will watch. you are truly energetic. Thank you for your guidance. It will help me in my professional. and all the very best for the upcoming video. Have a good day ahead! :)
@AccountsFunda
Жыл бұрын
Wow..thats a nice complement ji....really glad that you like my class and taking time to appreciate....Thank u so much for ur blessing:)
I rarely comment on any video....your conceptual teaching is just Awesome 🙏🏻🙏🏻🙏🏻
@AccountsFunda
Жыл бұрын
Thank u so much ji....glad that u took time and given ur feedback...made my day :)
Sir acha laga or samjh me bhi aaya aapki class me maza aaya
Amazing explanation, even being a noob in accounts I feel to have understood it well
Your teaching method is great sir.
@AccountsFunda
Жыл бұрын
Thanks a lot ji
sir aapke baal pichee karne ka stylee aaaahhhhaaa 😂🥲🥲🥲😍
Awesomely nice explanation!
मेरी समस्या का समाधान करने के लिए बहुत बहुत धन्यवाद सर
@brajeshbhadouriya9028
11 ай бұрын
Hii
Finally the best video after searching an hour thank u Deepak sir...❤ Never stop creative videos for us..❤
Excellent, no other words to describe this!!!!
Nice video all doubt clear thank you so much sir🎉❤
This lecture was very useful ..love from Pakistan..❤️❤️❤️sir can both entry be debit in a single transaction?
@AccountsFunda
Жыл бұрын
thanks a lot ji.....no....debit and credit both are needed ....
Being a Math teacher I would say U R just FABULOUS......SIR...
@AccountsFunda
Жыл бұрын
thanks a lot sushil
Very good sir cancept samjhane ke liye......mujhe abhut achha laga cancept achhe se samjh gayi mai........
Nice class and all dout clear... thanks sar
I am house wife and I had leave my study before 9 years and I forgot all accounts entries, thanks you sir for this vidio
@AccountsFunda
Жыл бұрын
Thank u so much ji....glad that aapko achi lagi class....🙏...and yes...salute to you for being house maker...🙏
Wonderful class 👍👍🙏🏻🙏🏻 Thankyou so much Sir 🙏🏻🙏🏻
Mind blowing 💫 Sir :: Aapne Bahot BahotJyada Ache se Smjhaya Great Sir Sir maine Itni. Video Dekhi KZread pe But Aapke Jesa Kisi ne Nhi Samjhaya 🙏🙏
Sir pahele baar ajj mujhe accounts clear huaa thankyou so much sir ❤❤❤❤❤
Best knowledge di hai sir pura samaj gaya
Thanku Sir Thanks 🌹🙏😇 Samjha diya aapne ne
Thnku you so much sir 🙏🙏v nyc explation sir👍👍aap bhot hi acha smjate hn
Useful video all the concepts are clearly mentioned ❤
Sir. Mai bcom student hu but mujhe 11th se golden rules smj nahi aata bahut confuse thi....but ab bhut acchi tarikhe se smjh payi ..thank u so much sir
After searching lot of videos finally my search is over thanks a lot sir
nice lecture sir kafi kuch seekhne ko mila hai
Absolutely excellent lecture😊 Thank you very much sir
Wow❤thank uh so much for this wonderful video....
Great Explanation Sir🙌🏻🙌🏻🙌🏻
Thank you so so so much sir it helps me a lot. 😍
Thank you so much sir for giving a wonderful explanation🥰 🙏
You are great sir ..... mujhe samaj me Aya.....
amazing lecture.....very informative😊
Sir, The way you teach is fantastic and just keep it up.
Than you sir apka video dekke samaj a gaya
Bahut achha lga sir. Kya samjhate ho sir. Pura cleared ho gya sir. Thanks
Sir you are great. Mene bahut sari videos dekhi but kuchh palle nhi pada sir lag rha tha mera kuchh nhi ho sakta but apki video dekhne ke baad sab clear ho gaya thank you so much sir 😊 I am very happy after watching this video
Thank you so much sir you are clear my all doubts and more use full video
Thank you so much sir apne bhut achhe se smjhaya mujhe itna to khi nhk sukha mene 😊😊
Super method nd style of teaching.... thanks 🙏🙏🙏
Very helpful Sir ... Thank you so much sir 🙏
I am so happy to see you ur video,my confidence level up,thanks sir
Thanks a lot sir aap bhut achha smjhate ho mujhe bhut confusion ho rhi thi dr.and cr me many many thank you very much 💯💯👍👍
You're great sir for details explaining 🙏🙏🙏🙏🙏❤❤
Thank you very much sir. Understood really well very easily
Shaandaar bhut khoob sir ji 🙏🥰😋😋thanks ap bhut dil se samjhate ho samjh bhi pdta
SIR AAPKE JESA ACCOUNT ME KOI ITNA CLEAR CONCEPT NHI KR SAKTA AAPKA TARIKA BOHT SHI HE THAK YOU SIR🎉
Thanks You Sir ... Aap Jaise Padhate hai Bahot Accha lgta hai..Aur Samajh me Aata hai
Bhut acha shikhaya aapne sir ji
Thank you so much sir apake video. Dekhake account me interest aaya hai..
@AccountsFunda
8 ай бұрын
hehe...thats so nice of u...thanks a lot ashwini for such a nice complement
Superb teacher hai aap sir Sare doubt hi clear ho jata hai aapki video dwkh ke
Thankyou sir ji etna aasan tarike se samjhne k liye
𝐉𝐨𝐮𝐫𝐧𝐚𝐥 𝐞𝐧𝐭𝐫𝐢𝐞𝐬 𝐂𝐡𝐚𝐦𝐩𝐢𝐨𝐧 𝐒𝐞𝐫𝐢𝐞𝐬 𝐏𝐥𝐚𝐲𝐥𝐢𝐬𝐭 👇 kzread.info/dash/bejne/X4Nhq7qOZavKgMo.html
@motivation.byking
Жыл бұрын
Tq sir please Help me
@motivation.byking
Жыл бұрын
I contract to you whatsapp app
@motivation.byking
Жыл бұрын
Doute clear
Thank u sir for clearing my doubts 🙏❤🙏
Bahut hi achha laga Sir thank you very much
Vv good bhai .bahot acha hai aapka andaaz
Good afternoon sir 🙏 aapka lecture bahut hi achha tha sir g
भाई साहब 🙏🚩 आपने बहुत अच्छी तरह से अकाउंट डेबिट और क्रेडिट का फंडा समझाया।
Osm class sir mujhe bhohot ache se samjh aaya
Thank you Sir!! It's very helpful.
You are the real guru mere sare doubt clear ho gaye thanks guru ji
Sir.... Very Well Thanks For Giving The Knowledge😊
Thank you so much... Concept clear