Accounting for IGCSE - Video 6 - Examples on Debit and Credit

The entire syllabus for IGCSE will be covered through this video series and students can prepare using these videos for the forth coming examination.

All topics ranging from the basic concepts of accounting to the day books and cash books, bank reconciliation, control accounts, year end adjustments, financial statements of sole traders, partnerships, limited companies and non-profit organisations, correction of errors and interpretation and analysis using accounting ratios will be covered.

If you wish to give any feedback or have any doubts, feel free to get in touch through whatsapp on [phone] or through email.

Regards
Lalit Adnani

[EdexWorld]

Visit onlinecourses.edex.ae to enroll for IGCSE Accounting online course that includes videos, solved examples, proprietary notes, multiple-choice questions, mock tests, etc.

[ihasrex]

can i just say i suck at understanding accounts because of my stupid teacher at school and you've literally made my life a hell lot easier

[alcantara]

Please don’t ever stop making theses vids. I wish you were my teacher!, !

[hutronafx]

Thank you so much for creating this - it has really helped me grasp Accounting as a subject - you are the absolute best!

[anjuravishankar]

thanks, new at school and learning new syllabus. my accounts teacher can't explain well. Learnt so much in 6 videos (two hours). losers at school would probably be learning this for a whole month. LOL

[randomman]

Thanks so much, this helped me properly understand credit and debit.💯👍

[iasanuragyadav]

Thanku sir it is now easy to differentiate between dr. And cr.

[Hiteshi]

thankyou so much for explaining so well tomorrow is my boardv exam and i am damn sure this is going to uplift my grade

[adityachaudhari]

I study in IGCSE school & it was hard for me to understand accounting but after watching your videos on accounts, i can understand it now.
Thank You. Keep hopes in your YouTube channel, it will grow very soon.
Regard,
FREAK'S MEN- subscribe

[kaine]

Hi, thank you for making these videos you're a life saver.

I have a doubt. Since "purchases" in control accounts is credited why is it debited in goods transactions?

[AliHaider-zodq]

Can you tell me how to deal with trade discount in a business transaction

[rabipiri]

Hi ! I know the accounting equation as follows: A=L+E not A= L+ C (capital). So what's the difference between equity and capital?

[irmax]

why is income credited?. please respond

[DarthVader-rizi]

2:36 why is the purchases account not included in accounts involved

[awhxzuri]

why is purchasing office furniture not put in purchases account?

[BlitzVx]

9:05, how is Mr x a credit?, arent the goods returned? so thats an asset increasing therefore debit?

[fury]

Sir at 8:17 how is MrX a debitor but not a creditor ?

[agratapoulose]

in the second example can't it be a purchases account instead of a cash account?