How to easily Remember DEBITS and CREDITS | Simple Tip: kzitem.info/news/bejne/wHeB1XediJ6Flqw
@thotloetsomankita9329
2 жыл бұрын
Please can you be my tutor like you come to my place
@kingslakd5561
Жыл бұрын
Not to be rude but you made a mistake at the second transaction it is supposed to be -R 7000(cash) I'm grade 10 and I'm writing a test tomorrow so thanx
@Sanchez_Officixl
Жыл бұрын
@@kingslakd5561 He said Bank and Cash is the same thing cause they are both recorded under assets
@shealynpalmer8182
2 жыл бұрын
studing with this video rn , helped me soo much. I was really confused when the teacher explained it, but you saved my life with this. Hopefully this helps me with tomorrow when writing...
@Crime_Detective101
5 ай бұрын
Nah bro you changed my life😂 taught me more than my lecturers in 10 minutes
@barie-cu4bc
4 ай бұрын
FRRRRR
@yanelisaiwonderhowpainfult3371
27 күн бұрын
Real bruh😭
@bohlalerakgwale4463
2 жыл бұрын
Just realized accounting is easy today 😭
@tshiamokgaje8056
Жыл бұрын
Same😭
@cherylchecampa6769
Жыл бұрын
May YT na pwedi na dito personal tutor
@aobakweselebogo2883
6 ай бұрын
Dawgg 😭😭😭😭
@tiktokgoodies1234
2 ай бұрын
@@aobakweselebogo2883 hi, do u live in Pretoria
@goddessbutterfly27
23 күн бұрын
I hope to get it. I constantly hear it's super easy
@RethabileMokai-gd6gy
3 ай бұрын
Thanks this will really help me tomorrow when I am writing my exam 😊😊
@sallaykargbo2861
11 ай бұрын
Have been studying in this video, I was confused and now have understood it, it really helped me on my studies
@handsomeidiot9470
3 жыл бұрын
Writing an exam tommorow, was really helpful🤲💫
@lalithaqalaba4567
2 жыл бұрын
Bro 😭
@Theolan
2 жыл бұрын
I got one in 4 hours
@handsomeidiot9470
2 жыл бұрын
@@Theolan damn, how was the test
@Theolan
2 жыл бұрын
@@handsomeidiot9470 not too bad I guess
@ibumshengunuza3779
3 жыл бұрын
I just did an activity on this in class (revision) and I was lost... Loved how simple and clear this lesson was and I am now ready for another activity.... Subscribed to the channel too... My new accounting teacher thank you
@kevinsilas4795
3 жыл бұрын
Simple exercises
@User52971
2 жыл бұрын
The way u explained everything just makes it so simple .. I was so stressed ( it helped a lot thxs )💀🤘
@nWoPELLZEY
2 жыл бұрын
I still don’t understand it whatsoever
@staceygovender6226
3 жыл бұрын
thank you very much, this was extremely helpful because i was so lost with my text book...great job!!!!
@bukonkombisa2512
2 жыл бұрын
Thanks I really needed this for tomorrow this was super helpful ❤️
@lyghun651
3 жыл бұрын
Wow ,I now understand thank you soo much🙏God bless you
@khaechiasouthon7182
3 жыл бұрын
This really helped a lot thanks for your hard work, its much appreciated 😭🌼🥂
@swaggerthatdoesntgiveasht9225
3 жыл бұрын
Thanks so much I have been searching for videos and only the explanations are given no examples. Thank you sir 🙏
@ori_101map7
2 жыл бұрын
This helped me alot, thank you so much because I was struggling :')
@JesseLockeHere2Do
4 ай бұрын
That was a marvelous demonstration. Liked and subscribed and bookmarked so that I may return here on this particular topic. I will share as a reference when I come across those that need this lesson. Thank you. PS: Your English is wonderful.
@Jay01.00
7 ай бұрын
This Helped Me So So Much, Thanks So Much Man🙏🤘
@user_unavailable111
2 ай бұрын
The more you know. More power to you my king.🙌🏿
@tehayteassaw747
3 жыл бұрын
God bless you all. This helped a lot.
@thelmasibanga9523
2 жыл бұрын
thx sir ...................... this is so easy if you and only you explain it to me ❤💯
@masekeramango6148
4 жыл бұрын
Keep it up u are a good teacher
@merilivan1530
2 жыл бұрын
Definitely the best explanation 👏🏽
@marien9585
3 жыл бұрын
excellent,clear and simple explanation,Thank you
@muhammadrehan8662
Жыл бұрын
Thank you
@tayejones7460
2 жыл бұрын
Thank you so much bruh,like I understand everything now
@danilyndimanalata2679
2 жыл бұрын
Thank you very much!! I love this video, I learned a lot! 😊😊
@elizabethcloete4940
10 ай бұрын
I have accounting and iam struggling so I watched it and got better skills❤
@kamogeloradebe4234
2 жыл бұрын
Thank you so much i was struggling
@snr5001
Жыл бұрын
THANK YOU SO MUCH YOU MADE ME UNDERSTAND THIS SO WELL AND MY TEACHER DIDNT TEACH THIS PROPERLY TO ME THANK YOU 🙏 I ALSO JUST SUBSCRIBED
@sadi11212
5 күн бұрын
Hi Counttuts Can you please make a video of the 4 accounts , income received in advance , prepaid expense ,accured expenses and income and its effect on the accounting equation
@arlenepillay4828
10 ай бұрын
This guy make accounting easy
@neongubane1056
Жыл бұрын
Thank you so much❤️ basically the accounting equation guides you on how to do the general ledger
@nakimeraJoanita-qm1ie
4 күн бұрын
Best of all
@emmaculateosano5100
Жыл бұрын
❤❤❤❤i was stuck but now I'm good to go😊
@siyabongadhlamini1518
11 ай бұрын
thanks you bro. Your content has made everything easy to understand.🙏
@itsmaxtrix5880
3 жыл бұрын
You just made me ready for my exam tomorow😄
@tlhogizwane3251
3 жыл бұрын
This also helped me since I'm writing tomorrow 😂😂
@wussyiee
3 ай бұрын
This man is goated
@yashomg4687
2 жыл бұрын
Very useful 👌
@SqaloDlamini
3 ай бұрын
Thank you so much 🙏
@richarddapaah9045
6 ай бұрын
why was the R7000 for the purchase of inventory not charged as an expense and put on the equity side????
@lungamfanozi-rj9pn
Жыл бұрын
Thank you for this video you made it simple
@odwamakhalima5758
3 жыл бұрын
Finally i understand this
@yoliswamazibuko3316
3 жыл бұрын
Me subscribing because y'all doing magic❤❤❤❤❤❤. Thank you this helps
@kayakamartin3030
3 жыл бұрын
How come u teach better than my teacher 😎😎
@samkemkhize7696
2 жыл бұрын
This was very helpful thank you
@linathimahintsho4281
Жыл бұрын
Who is still with me 2023🎉
@jeffpets2155
Жыл бұрын
I am
@user-gd1lh4vf4m
2 ай бұрын
Well explained
@leemisamoleko9717
2 жыл бұрын
This is really helpful, big S/O to Counttuts
@nireshnigovender6094
Жыл бұрын
Great 👍 I now understand! 👍👍👍
@ongeziwematontsi3498
Жыл бұрын
This helped out alot🤙
@mohamedsiyam4202
Жыл бұрын
Thanks I was understood
@hollynesslinda1889
Жыл бұрын
Thank you so much for this
@joygraceani1094
3 ай бұрын
You teach better than my teacher, this will help me for tmr ❤❤
@mhdaathif4587
3 жыл бұрын
Thank u soo much ... iam clear now..
@sagardalvi5770
2 жыл бұрын
thanks. for assignment solving..
@tami8730
3 жыл бұрын
which acoount that i should put service revenue for cash?
@wilpse
3 жыл бұрын
You're amazing, thank you so much!
@yusufh4075
2 жыл бұрын
Thank you this helped
@PorshaLaVieBelle
2 жыл бұрын
I love your page so much!!
@akosiimireshakirah4238
3 жыл бұрын
This is good material...
@adelinekim5211
3 жыл бұрын
Thank you so much❣
@alphasuperior100
2 жыл бұрын
It is assets = liabilities + owner's equity.
@zuweraiddisah6547
2 жыл бұрын
Thanks so much
@keabetswemadisakwane
5 ай бұрын
Why didn't you credit or debit your accounts? But the video is helpful though 👍
@KivebulaayaLivingstone-jm5df
11 ай бұрын
It good to believe
@tlhogizwane3251
3 жыл бұрын
I'm now ready for my exam tomorrow
@l0gik321
3 жыл бұрын
me to
@DelanyMusariri
3 жыл бұрын
Tomorrow 👀👀how did that go😭😭
@whitelegendssupport1383
2 жыл бұрын
Thanks bro
@thandokuhlelanga8987
3 жыл бұрын
Thanks alot😭❤️❤️❤️
@blessingdube6178
2 жыл бұрын
thank u
@sorcererstone3303
4 жыл бұрын
Questions on filling out the accounting equation. A startup receiving $100,000 from an investor. In exchange, the investor owns 10% of the company. The startup founder has to repay the investor the $100,000 investment plus 10% interest at the end of the 2nd year. I have problem how to formulate the accounting equation for this scenario. The $100,000 is cash to the company. So, it is an asset (aka, left side of the equation) The $100,000 is also a liability because the founder has to pay back (plus interest) to the investor at the end of the 2nd year (aka $110,000). Since this # is the amount owe, so it is a liability, and it is on the right side of the equation. 1st question: The amounts on the left and on the right do not balance out. What to do? 2nd question: This problem is complicated by the fact that the payback ($110,000) is at the end of the 2nd year. How to deal with the timeline in the accounting equation? 3rd question: The investor has 10% ownership of the company immediately after the investment. Since investor is part of the ownership, this 10% should be reflect under Equity on the right-hand side of the equation. How to express this 10% equity in the accounting equation? If I can express this 10% equity in the equation, then the left- & right-side of the equation is thrown into further chaos in term of balancing the left & the right. What to do?
@Counttuts
4 жыл бұрын
Good day, due to the volume of requests for help regarding student specific questions, we are not able to address them on this platform. However, you can request a session at reasonable rates with us at info@counttuts.com to address your challenges with the subject.
@victorkamwi9189
3 жыл бұрын
Wow...so it's that easy but my question is why did you not put -R120 000 (Long term loan) on the asset side?
@norlenephillip3.199
2 жыл бұрын
POA test tommorow...thanks so much🥲
@Counttuts
2 жыл бұрын
Best of luck!
@brianwarner308
Ай бұрын
video is good but how did you get your microphone to sound sooooo bad?! it sounds like you rolled it in lint...
@twebuzejustus7295
Жыл бұрын
Right
@kyliepeiris61
3 жыл бұрын
How to record the transaction when repaying a amount from loan with no intrest
@user-rg8hg4yo8e
4 ай бұрын
GOOD
@user-rg8hg4yo8e
4 ай бұрын
CLEARLY I LEARNT
@user-up6om5mk8s
9 ай бұрын
🎉
@musangema3811
5 жыл бұрын
excellent. nybonga
@Counttuts
5 жыл бұрын
Thank you. You are welcome.
@kami.99
3 жыл бұрын
if it’s “repaired 45$ each for cash” what accounts will be affected ?
@settysographics328
Жыл бұрын
owner took goods for own use in accounting equation examples
@andanisylvia9219
Жыл бұрын
I need help here what if a transaction comes and it says cost of sales in brackets n a certain amount is given how do i do it
@lebogangMokgwadi
4 ай бұрын
It is going to affect 4 accounts where you will have to calculate cost of sales
@marilis000
3 жыл бұрын
in the 2nd transaction shouldn't bank go under equity ?
@Counttuts
3 жыл бұрын
That would be incorrect. Bank is an asset and not equity. See this lesson for more clarity: kzitem.info/news/bejne/rIBn2mWQkJdhg2U
@mccorneycorneycomedy2928
2 жыл бұрын
How do I reach u privately
@itsmaxtrix5880
3 жыл бұрын
Asante
@sweetbabygirl0684
8 ай бұрын
Love how I am 17 and sucks at math but wants to go into accounting. Sigh
@Lifeofwandi
3 ай бұрын
And I also suck at math
@tinotendambiri3239
2 жыл бұрын
Dankoe
@wilpse
3 жыл бұрын
Writing an Accounting exam tomorrow, accounting is not my strong suit so-
@kevinsilas4795
3 жыл бұрын
Example
@DJNIFFY
3 жыл бұрын
You forgot to put $7000 inventory in a column
@arvinjandaghi3378
2 жыл бұрын
Why is bank + 50000? We are taking money out of the bank to deposit into a business so shouldn’t that be - 50000
@jeffpets2155
10 ай бұрын
Capital is distributed into the businesses bank
@laurajohnson6104
3 жыл бұрын
Hi
@Solomonol
15 күн бұрын
Who is still here in 2024😂
@Mpumzar
2 жыл бұрын
Why is the loan with a plus sign ?
@Mpumzar
2 жыл бұрын
Got it my question is answered
@lluhvio
3 жыл бұрын
why arent you still verified
@nWoPELLZEY
2 жыл бұрын
This still makes absolutely no sense. Anyone wanna help further explain?
@Its_Runter
4 жыл бұрын
Use a Mike bro
@Counttuts
4 жыл бұрын
Apologies for that, unfortunately we can't make any changes to the video already uploaded. However, we have been improving our audio quality. Thanks for the suggestion though.
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