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In this video, you'll learn how to record 10 basic bookkeeping transactions from owner's capital contribution to paying to the suppliers. This will help you understand the logic of fundamental bookkeeping journals. Follow along or jump to the journal you're most struggling with. 🔗 Get the Exercise and its Solution from: https://www.bookkeepingtutor.com.au/r... ——————— 🚀 BOOKKEEPING 101 ——————— Join my FREE Bookkeeping 101 mini-course to better understand the core bookkeeping principles 🧑💻 https://www.learningportal.bookkeepin... ——————— 📚 CHAPTERS ——————— 0:00 Intro 0:57 Owner's capital contribution 3:32 Equipment purchase 4:43 Purchasing goods for resale 5:55 Paying rent 7:01 Sale of goods 8:35 Purchasing materials 10:06 Customer pays outstanding invoice 11:24 Utility expense 12:30 Paying wage to employees 13:41 Paying to the supplier 14:57 Summary Like 👍 and share if you enjoyed it! ——————— Let's get social: Facebook: / bookkeepingtutor Instagram: / bookkeepingtutor Pinterest: / bookkeepingtutor Website: https://www.bookkeepingtutor.com.au Email: hello (at) bookkeepingtutor (dot) com (dot) au ——————— ✅ XERO ——————— Get Xero with 90% off for 6 (!) months https://bit.ly/subscribexero 🔔 Subscribe for more tutorials / @thebookkeepingtutor =========== DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of the general information available. This video is not sponsored or endorsed by Xero. Some of the links above include affiliate links. If you click through and make a purchase from our partners, we may receive a commission at NO extra cost to you. It helps us provide Xero tutorials to you.