Thursday, October 17, 2024

TEXAS TEXAS TEXAS



  • https://youtu.be/7shDjqM-_9M?si=
  • https://youtu.be/OFJnDowokG4?si=YOS9yn5mvYQdPoyE

  • https://youtu.be/2Jpgd8yKpUI?si=F5zf4ifGXama_4OE
  • https://youtu.be/GLTMzcHY7ks?si=gG7UGyhUTH8b7Hwg
  • https://youtu.be/ve_3WvBhbvA?si=1muXE27Ch61RZFCF
  • https://youtu.be/xCh_WXYsodg?si=IeXUJiFzvIx6pYiX
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Wednesday, January 26, 2022

LEARN SIMPLE ACCOUNTING

Golden Rules of Accounting

  1. Debit the receiver, credit the giver.


  2. Debit what comes in, credit what goes out


  3. Debit all expenses and losses and credit all incomes and gains

  4. Accounts:
  5. personal
  6. impersonal
  7. impersonal:  Real or property 
  8.                      Nominal.
  9. bank name, Personal name, firm name etc;
  10. cub. Sri Ram/ Mac Donald
  11. Real or property
    Cash, equipment. furniture and fittings. goods.
  12. Nominal: EXPENSES AND LOSSES.
  13. rent. Elec bill. maintenance. depreciation
  14. running expenses discount given, commission given
  15. GAINS AND PROFITS AND GAINS
  16. Discount recd. commission recd.etc

  18. Started business with capital.
  19. Doll.100,000/
  20. Transaction two fold effect:
  21. Receiving and giving
  22. applying the rule
  23. Debit what comes in 
  24. Dollars >cash/ doll.100,000
  25. company/firm different from the proprietor
  26. Credit 
  27. Capital account Doll.100.000
  28. Cash a/c         Dr.100,000
  29. To capital account               100,000
  30. Being cap. brought in
  31. Purchased 100 toys each Rs 25 by cash
  32. R and P 
  33.  Goods purchased(toys) Dr, 2500/
  34. To cash                                           2500/
  35. Sold 50 toys each at Rs.35 for cash
  36. Cash                      Dr. 3500
  37. By goods(toys)                      Dr. 3500/
  38. Rent in advance Rs/2500/ by cash
  39. RENT ADVANCE Rs. 2500/
  40.  by cash                                  2500/
  41. Rent paid doll 500
  42. Rent                       Dr.500
  43. To cash                                      500/
  44. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
  45. Discount recd. Rs. 500/-
  46. Cash          dr.  500
  47. To discount               500
  48. discount given Rs. 250/
  49. discount      dr.  250
  50. To cash                      250/
  51. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
  53.  Put the golden rules of accounting down
  54.  2. Simple scenario of premium and someone insured
  55.  3. How is settlement done
  56.  4. how someone takes up added insurance
  57.  5. how does the reinsurance work
  58.  6. What do discount rates do?
  59. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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Tuesday, March 4, 2014

visit these places?Merline /Grapevine mills

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Tuesday, January 14, 2014

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malls ans stores and others I like

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Saturday, January 4, 2014

For your Pleasure

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sightseeing

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