Do Banks go against Accounting Principles? - Saheb Academy

Here I have clarified why Bank says Debited when money is received in the account and Debited when money is deducted with a logical example.

After watching this video you will understand this from two perspectives.

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#banking #accounting #bankexams

[Cyasten]

the effort you are putting just to educate people is really appreciating

[josephmanu]

I really appreciate your videos sir, especially how you demonstrate things....GOD BLESS U. FOLLOWING YOUR VIDEOS

[rahulchaudhary]

I just started learning accountancy...and this confusion popped up in my you solved it easily... Thank you 👍

[turtle]

bro i just searched for saheb academy to study but this video really got my curiosity xD, also it seems you have really invested a lot more effort into making this video compared to your older ones !! it turned out great :D

[NipunMishranyc]

I was really confused of this. It helped me a lot

[qsdvldb]

Thank you so much, i was wondering for long time on this point, understood now Alhamdillah

[wmpkzcy]

thanks, im new on accounting and confusing why they are not same at bank. i got the answer from your explanation..

[ankitatrivedi]

you are amazing..glad that i found your channel...a complete non commerce background preparing for sebi you made develop a taste for accounts..thanks

[adnank]

Thanks Man. This is really useful. Till now I am confused why these things different.

[kusumacb]

Thank you so much sir 🙏for valueable teaching

[sanakhan-ixki]

very good explanation thank you for sharing

[vishnumayav]

Thankyou very much sir
You classes are so helpful

[UnboxingClub]

1) Book value of building 120000 (1.2lakh)
Building appreciated to 125%.
2) book value of building 120000 (1.2lakh)
building was valued at 120%

what will be the treatment in revaluation account

It's urgent pls tell⚠️🔴🔴

[omeradam]

I really appreciate your videos and so helpful, bless you

[shamabrao]

Sir, I have watched many videos of urs ...u explain the concept very clearly .. thank you so much sir...
I want you to upload a video about the concept cash flow statement please..

[fauzianoor]

Sir please upload standard costing problems

[soniajohn]

Thank you for this explanation, Sir.
Please why did you write "To Bank account" when it is bank account that is giving and is credited.

Why is there a "To" attached to it?

[quranlearning]

Explaining only for those who are experts

[kirankumarchar]

Hi sir please make a CMA inter fullvedios plz plz

[nirajthakor]

Wait.. Suppose in day to day life need to say that i have or don't have money in bank account but we can also say with debit and credit balance then what would be the correct one if i want to say that i have money in my bank account "Credit balance or debit balance" ?? This isn't from any business point of view but generally i want to say to someone so??