How to record a journal entry the EASY way!

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How to record a journal entry in a way that's easy to remember. I will walk you 3 steps to record any business transaction.

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[juliejones]

I have been a bookkeeper on and off for 30 years, so I understand what to do for journal entries. Still, the whole "debit/credit" language always confused me. That is until today! I found this video for an assignment to look for tricks to help with a journal entry. The up and down, action = reaction did it for me. I now understand why spending cash is recorded as a credit! Thank you.

[itsnotif.itswhen]

One of the best accounting channels that I actually have the patience to listen to and can understand the logic behind accounting rules. Well done!

[mesha]

This is by far the best way to remember. I wish I would have had a professor to explain it like this when I was in school, but I graduated in accounting/finance. Thanks for explaining this concept well.

[ivyworth]

This is the best description I've seen so far. It's very helpful, and I'm currently using it for a homework assignment.

[dabananaking]

This has been my favorite accounting channel, currently working on my Bachelors and been stressing about not being able to know/memorize everything… so you saying that it’s okay and can even google a question helps relieve my stress!

[leztawh]

I have watched so many videos on journal entries to understand it. After watching this I get it, the "Action=Reaction to every business transaction" 🙏Thank you so much.

[taragriffin]

Thank you for this video and all others you have created. This has truly helped me. I can understand everything and you give great examples.

[uvpnk]

You got me! I'm definitely subscribing!!! Thanks for all the help.

[roxanne]

you’re a great teacher, thank you so much!

[aigulboreiy]

Love your channel.much appreciation ❤️

[kibimacheru]

Wooow Action and Reaction and DEALER really helped me. And to know that thinking through it does not make you look stupid is a bonus. Thank you soooo much for your tips

[somaansa]

Brilliant! You are truly gifted in teaching. Well done.

[andrenaroschelle]

This video was very helpful. I'm in the first semester of my MBA program with accounting being one of my classes and until I saw the acronym DEALER just now I could not grasp the concept of what to debit and what to credit. THANK YOU so much for this!!!

[veronicapilkenton]

You are awesome, thanks for take the time to created this videos. I am learning a lot from you

[maixul]

I wish my teacher would have this patient rather than doing it in a boring way Thank you sir

[hackit]

Thanks Bill, I missed this video 🤭 Thanks for another brilliant explanation. DEALER is a much easier way to remember my Dr/Cr.

[tetamarie]

Thank you so much for simplifying this complex topic. I have a test coming up Monday and i was stressed out but this helped 🙏
Im grateful. God bless you

[swatigopalan]

Started Learning the Accounting 101. Its great help

[combustionisthegame]

best one I have seen yet for learning, or refresher

[catseye]

Acronym DEALER! Thank you!!! The best!!