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Double Entry Bookkeeping (part b)
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Thank you, this is excellent.
Which study text do you recommend – Kaplan, BPP or LSBF?
Thanks
with a lecturer like this, you know accounting can be interesting .
i am really enjoying the lecture. it follows a step by step instructions. it is making accounting simple for a non accountant like my self. Good job.
The drawings they were $100….the Mr. did it wrong, he posted the amount $500.
thats what confused me also……
i thought of the same thing also………..why the 500 ?yet when he went on to the capital account he posted $100………….clarity plz!!!!!
You were not listening carefully enough – I was explaining the sort of mistake that the bookkeeper might make. See the other posts below.
nice work very helpful video, thank you very much!!!
i mean other papers
Very clear, very helpful. Thank you! Other lectures not so good as this one…
Thanks a lot! Clear and simple!
Thank you Open tuition, you are a blessing
very good lecture!! I LOVE the way the lecturer explain things very clear and understandable!!! EXCELLENT!! THANKSSS A LOT!!!
Thanks so much. Well explained. Easy to digest.
@sediq5050, its 100
Thats exactly what i was wondering thanks for raising that question
@siddharth111,
@sediq5050,
Its not actually $500, it was $100 just in the ” Double bookkeeping Part a” he erase $100 and wrote $500 instead and even then he was giving example about people can do small mistakes by writing in one T account $100 and in another $500 in their normal day bookkeeping which is basically a small amount but it can create serious problems later in finalising the accounts. And later the Lecturer just forgot to write it back $100. so don’t get confuse it was $100 before
and it is $100 now. You can also check the correct figure in the lecture notes which you can find on the link below
” http://opentuition.com/acca/f3/f3-notes-view-online”
on page number 16 and example 1.
thanks dude for your help
Today is the first time, I listened to this explanation of double entry, its brilliant. I wish my tutor at the college could have explained like this.
Can someone pls explain to me how to tidy up d owners account-example 6 on chapter 2.my own recording did not end.whats d last thing to do after u debit d Income statement t account and the capital account
this is so well explained….really really helpful…
sorry the above queation is regarding f3 test question 1.
just alittle clarification on withdrawals ,anybody,in the test ,chap 7,inventory valu, ques 1 .why credit purchases when you make a stock withdrawal and not inventory or sales?
is it because inventory is only dealt with at the end of the accounting period ?
I like the fact, the lecturer gives step by step instructions and explains clearly why we are doing things. The examples extend the knowledge which makes it easier to remember
Very clear