EASY WAY TO UNDERSTAND: DEBITS AND CREDITS.DEBITS AND CREDITS IN ACCOUNTING EXPLAINED IN 5 MINUTES.

Do you struggle with understanding debits and credits in accounting? Do you get confused by credits and debits in your bank account statement? In this video, I will explain the easy hack to comprehend debit and credit accounting principles in just 5 minutes.

Timestamps:
0:00 - Introduction
0:15 - What are debits and credits?
1:05 - How to use the accounting equation.
2:10 - How to record journal entries.
3:20 - How to balance the ledger accounts.
4:30 - Summary and conclusion

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This video is created on 25/03/23 by JustWise Accounting Books. JustWise - Accounting Books reserves copyright and media rights for this content.

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