✅⚠️❗️❕BASIC ANIMATED ACCOUNTING COURSE ❕❗️⚠️✅ 👉LINK TO PURCHASE: https://contabilidadeanimada.my.canva... 👉LINK TO PURCHASE: https://contabilidadeanimada.my.canva... 👉LINK TO PURCHASE: https://contabilidadeanimada.my.canva... TOPICS COVERED: WHAT IS ACCOUNTING ASSETS ASSETS EQUATION ARTICLES OF ASSOCIATION, SHARE CAPITAL BALANCE SHEET SOURCES AND APPLICATIONS INCOME STATEMENT DOUBLE ENTRY ACCOUNTING CALCULATION OF INCOME FOR THE EXERCISE OF 100 SOLVED EXERCISES 30 INTERACTIVE SPREADSHEETS Are you studying accounting and still don't understand what these ledgers and double-entry accounting are? This bunch of T's that the teacher keeps drawing and making debits and credits? LEDGERS are the most useful tool in accounting. Ledgers are essential for your understanding of accounting. Previous videos: ** CHART OF ACCOUNTS: • WHAT IS THE CHART OF ACCOUNTS? ACCOUNTS CON... ** BALANCE SHEET AND INCOME STATEMENT - • BALANCE SHEET AND INCOME STATEMENT ... ** ACCOUNTING EQUATION EXPLAINED - • ACCOUNTING EQUATION EXPLAINED (The... Ledgers represent each accounting account graphically in the “T” format, it demonstrates all the movement of the accounting account in a given period, in addition to showing its beginning balance and its ending balance. The preparation of ledgers follows the accounting records. Ledger and ledger are the same thing. The ledger derives from the ledger, it is a simplified version, a didactic form of the ledger. The ledger, also called a graph or T-account, is widely used by accountants and it is through it that individual records are made per account. It was created to be a resource that helps in understanding the mechanics of accounting entries. Debit and credit are accounting conventions, and we should not confuse them with our day to day, in which debit is something negative and credit, something positive. Debit and credit are used in the records/entries of the accounting facts that the company makes in the Daily Book, and, after these records, the ledgers or accounting reasons are generated, which didactically have a format of the letter "T". The double-entry method is the method that states that for each debit there is a credit of equal value, therefore, the records of the accounting facts demonstrate a balanced balance, we see this same balance in the Trial Balance and in the Balance Sheet, since these reports come from the records of the accounting facts. Rule for postings in equity accounts: Increase in assets - DEBIT Decrease in assets - CREDIT Increase in liabilities and equity - CREDIT Decrease in liabilities and equity - DEBIT The double-entry method was first published in 1494 by Friar Luca Pacioli in Italy in the work: Summa de Arithmetica, Geometria, Proportioni et Proportionalità and refers to debits and credits, that is, for each debit there is a credit of equal value. This method is known worldwide and applied in accounting to this day, all accounting records are made according to this method. Follow the channel for more studies on the financial market, stock exchange, book summaries and accounting. This channel is for recording studies and sharing knowledge! Here on this channel you will find: Summary of the books I have read, main ideas learned. Several studies of Technical + Fundamental Analysis Dollar and index studies carried out on weekends Some academic articles read TradingView tutorials Accounting Concepts Advanced accounting concepts Analysis of companies' DF's (financial statements) Subscribe and follow!! It's just the beginning! 👊🐰 ___________________________________________ Video link: • LEDGERS AND DOUBLE ENTRY BOOKS - ACCOUNTING... ___________________________________________ ACCOUNTING ACCOUNTANT ACCOUNTING SCIENCE ACCOUNTING ASSETS LIABILITIES NET WORTH LEDGER DEBIT AND CREDIT DOUBLE ENTRY BOOKS ___________________________________________ #basicodecontabilidade #GCoelho