Accounting for Beginners | Part 2 | Debits and Credits | Journal Entries

In part 2 of accounting for beginners, we explain what debits and credits are, what the double-entry system is, and how to easily remember what to credit and what to debit. We go through examples of recording transactions in a general journal (journal entry). Accounting for Beginners | Part 3 | General Ledger (T-Accounts): https://youtu.be/3fXcgwxz5eM Accounting for Beginners | Part 4 | Accruals & Prepayments: https://youtu.be/WiHh75bjMe8 Accounting for Beginners | Part 5 | Trial Balance: https://youtu.be/VOB1jeu4Omg Accounting for Beginners | Part 1 | The Accounting Equation: https://youtu.be/KJ1t1ZWe0P0 Check out other straightforward examples on our channel. We also offer one-on-one tutorials at reasonable rates. Connect with us: Email: [email protected] Our Website: https://Counttuts.com Our Facebook Page: https://www.facebook.com/Counttuts Support our Efforts: paypal.me/counttuts