How to Teach Journal Entries

An accounting teacher knows, "How to pass the journal entries?" Now, by his teaching, he has to bring this talent in their students. For this, he learn the best way to teach journal entries. Final result will come when student will able to pass the correct journal entry of any transaction. In this article, you will learn this teaching steps and guidelines which you have to follow.

  • To Explain the Importance of Journal Entries. When accounting teacher will explain the importance of journal entries, his students will surely motivate. They encourage to learn the steps to pass the journal entries. He has to teach that journal entries will help them to record all the transactions scientifically. They can save from stress due to remembering all the transactions. For example, 3 years, ago, we bought a useless asset which we have forgotten. But our balance sheet shows this useless asset. So, we can decide to sell this useless asset and increase our cash fund but do you know what is the original base of balance sheet. Only journal entries are the base because we can not make balance sheet from transactions but we convert transactions first in journal entries, then in ledger accounts and then on this basis, we make balance sheet. All most all the accounting software will make automatically ledger accounts and balance sheet but we must pass the journal entries or voucher entries.
  • To Teach Debit and Credit. In journal entry, we debit one account and credit other account on the basis of double entry system. There are three rules of double entry system. a) Debit the receiver  and credit the giver b) Debit what comes and credit what goes out. c) Debit all the expenses and credit all the incomes. a) Rule applies on personal accounts, b) rule applies asset account c) rule applies on nominal accounts. 
  • Create a Personal Journal. Students love the things which effect their personal life. Take the example of a student and try to write his personal transactions. For example
        a) A student get pocket money of Rs. 400 from father. This is the income resource of student. So, cash account debit (what comes in) and pocket money will credit (income) in his personal journal. 
        b) A student has bought a bike of Rs. 60,000. For this, he taken loan from his uncle. So, bike account will debit (what comes in ) and uncle loan account credit (who is giver)

  • To Teach Journal Entries Examples. When you teach the student different journal entries example, you student will learn everything about journal entries. This is best way and we have made its resource at here
  • Summarize Your Teaching Instruction. You should give the power to your student after everyday teaching of journal entries. You should check what they learn from you. 






access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
Accounting Education: How to Teach Journal Entries
How to Teach Journal Entries
Accounting Education
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock