Double Entry Principle - How To Record A Transaction On The Debit and Credit Side Of The Account

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The double entry principle states that for every debit entry in an account, there will be a corresponding credit entry in another account and vice versa. This is the major rule for recording into all ledger accounts.

To debit an account means to record a transaction on the debit side of the account (left-hand side)

To credit an account means to record a transaction on the credit side of the account (right-hand side)

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I will say this again the teachers on YouTube are much better explainers than most teachers in school. This is so much more understandable

shavaunnamorris
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This whole time I have been stressing as I struggled to understand how double entry worked. I felt bad about my self, now I am finally beginning to understand. thank you

maxv.a.k
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By far the best video I've seen on double entry. I completely understand.? Thank you so much.

lilbredoitall
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Watched a lot of double entry system videos. However, yours was the only one that made sense thank you so much!!! life saver. May God bless you and your family.

mjj
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My accounting master confuses me with his tables but so glad it's that simple here

florenceboakyemensah
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Perfect video, easy to follow and easy to understand! I recently received my job offer from Grant Thornton and in anticipation of starting the ACA I wanted to get my head around 'Double Entry', this has given me a solid foundation! Thank you HS Tutorial.

reeceberini
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This is literary the best and most understandable video I've found on double it...

athesthetic
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This is the clearest explanation i have seen on doubl entry principles.

TheWestlondongent
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wow great teacher! Love how he makes the lesson simple.

isumiuthara
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Thank you for this. I am a law student in South Africa... we have to do basic accounting for our professional entry exams. So simple explanations like this are very helpful...please do more examples involving legal transactions like property purchases

lebohangdube
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This has opened my mind after understanding the giving side (Cr) and the receiving side (Dr). Thank you so much and i continue to follow you till my course is complete🙏🙏🙏✍

mmutebiclinton
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You are the best teacher i have ever seen in accounting. Because you made is very simple from the beginning!

Ammavie
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Awesome video, great explanation - thanks so much!

saraphine
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A very helpful video for beginners. Thank you so much.

MrBatista
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Thank you so much! By far the best teacher I have seen on accounting! 🧾

Love from India! 🇮🇳

Lemonade
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Love your explanation.. simple and direct ☺️

aminakunda-qfzg
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Very clear, , helpful and understanding

eishychoicy
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Thank you this is best video on double entry ever I completely understand

WizTheElitePanda
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This is exactly what i was searching for.thanks bro keep it up

lamindampha
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thank you very much I will definitely watch more! this was helpful

sharonmoya