Accounting Journals | Episode 01 | Purchase & Sales Related Journal Entries скачать в хорошем качестве

Accounting Journals | Episode 01 | Purchase & Sales Related Journal Entries

Become Expert in Purchase & Sales Journal Entries in One Complete Video! Are you an SSC (Class 9–10) or HSC (Class 11–12) Business Studies student? Confused about Purchase, Sales, Bills Receivable and Payable, Notes Receivable and Payable Journals? In this video, we simplify everything step-by-step with proper journal formats used in board exams. 📌 What You Will Learn in This Video: 📘 PURCHASE JOURNALS 1️⃣ Cash Purchase Purchase A/C Dr   To Cash A/C 2️⃣ Purchase by Cheque Purchase A/C Dr   To Bank A/C 3️⃣ Purchase by Bill (Bills Payable) Purchase A/C Dr   To Bills Payable A/C 4️⃣ Purchase on Credit Purchase A/C Dr   To Creditor / Accounts Payable A/C 5️⃣ Purchase by Notes Payable Purchase A/C Dr   To Notes Payable A/C 👉 Bills Payable / Notes Payable = Liability 👉 Used when we promise to pay later in written form 📕 SALES JOURNALS 1️⃣ Cash Sale Cash A/C Dr   To Sales A/C 2️⃣ Sales by Cheque Bank A/C Dr   To Sales A/C 3️⃣ Sales by Bill (Bills Receivable) Bills Receivable A/C Dr   To Sales A/C 4️⃣ Sales on Credit Debtor / Accounts Receivable A/C Dr   To Sales A/C 5️⃣ Sales by Notes Receivable Notes Receivable A/C Dr   To Sales A/C 👉 Bills Receivable / Notes Receivable = Asset 👉 Used when customer gives written promise to pay later 📖 Important Concepts Covered: ✔ Difference between Cash, Credit, Bill & Notes ✔ Bills Receivable vs Notes Receivable ✔ Bills Payable vs Notes Payable ✔ Asset vs Liability identification ✔ SSC & HSC Bangladesh Curriculum 📖 Who is this for? SSC Candidates → Class 9 & 10 (Business Studies) HSC Candidates → Class 11 & 12 (Business Studies) Beginners → Anyone learning Accounting basics Admission Candidates → Business background students 🚀 About FABS Academy At FABS Academy, we make Finance, Accounting, and Business Studies — Simplified. Our mission is to provide high-quality video lectures, live classes, and notes tailored for the Bangladesh Curriculum to help you excel in your board exams. We provide: 📚 SSC & HSC Board Based Lectures 📝 Notes & Journal Practice 🎯 Exam-Focused Shortcuts 📊 Real Business Examples Don't forget to: ✅ Subscribe for more Accounting tutorials 🔔 Hit the Bell Icon to never miss a class 👍 Like & Share with your friends