Hey guys, welcome to another lecture and today there is
going to be a lot of discussion
Pack your chairs because today we have to take off with
concepts
We will learn very high-level things today
Stay excited, stay focused, stay attentive and understand
all things and move along because we have seen once in
previous clips that how voucher entries are in telly
You have to go to voucher, select relevant option from
vertical button bar
You have to do some debit and some credit
You have to create an account by pressing Alt C
I will tell you in the heading below
You know the amount
In the same way, when we have seen everything through
Capital, Interest on Capital, Drawing and Interest Drawing
entries
Now it is time to get expertise on entries
We are going to cover a lot of types of entries
We are going to cover them step by step
We have only seen Capital, Drawing, IOC and IOD entries
But what all happens in business
Building is bought, Furniture is bought, Building is sold,
Furniture is sold, Machinery is bought, Machinery is sold
Expenses are there, Rent is there, Commission is there,
Salary is there
Income of interest, Income of commission, Income of rent,
Income of dividend
There can be a lot of entries
Contra entries, depositing cash in bank, withdrawing cash
from bank
The rest of the entries of the world
We have brought them at one place for you
Which you can see on your computer screen
The name of our today's topic is Comprehensive Entries
In this 80-90% possible entries will be covered
Which we can do inside TELI
There is also a point of loan
Take a loan, then pay interest on it, then pay EMI
Those points will also be covered here
So don't worry at all
Stay excited
We will not be able to do difficult things
Excitement and positivity will take you to your destination
We are ready sir
You start today's story
So let's start today's story
By taking the name of the lord sitting in everyone
First point
ABC trader started a business with 3 lakh cash and 7 lakh
deposited in bank
If you see here, there are 26 points 26 We are going to do
a total of 26 entries with you
Slowly, slowly, slowly
It may be completed in this clip
We may have to go to the next clip
This is the chance, we have to go to the next clip
So friends, we are going to create a different company for
this
Whose name will be ABC traders
And this is the first entry
In which the owners of ABC traders will deposit capital in
it 3 lakh rupees in cash and 7 lakh rupees in bank
We will have to repeat this entry again
Because instead of this, if we make a new company and do
all the work
Then how will it run without capital
Okay sir
So this is comprehensively designed
These notes and 26 steps
In the end, all of us should have the same profit after 26
entries
In the end, our balance sheet should be the same
Asset liability should be the same
The fun will come only then
That's why let's quickly repeat the work we have already
learned
Let's create a company called ABC trader and invest capital
in it
What is the name of the owner?
Let's keep the name of the owner
Mr. Deepak
Deepak is the owner of this ABC trader
Let's go sir
Okay I said okay
Here it comes on teleprime
What to do on teleprime?
We have to create a company
Sir, we will press F3 with Alt
Do you remember?
Very very good
Sir, we will go up and press enter on create company
I said wow
You made my heart happy today
Very good
ABC traders
This is the mailing name
Keep the address with your faith
If anyone likes to go in the wrong direction, keep the
address in your direction
Keep the address with your faith
I keep the address with my faith
My God
State Haryana
PIN code
Leave the telephone, put the mobile
Leave the fax, put the email
No double meaning
Take this
Put the website
Now let's see who comes first in the race
Who comes first in the race
The race is going
See who wins
And I won
I don't know if you did it at the same time
Okay, you did it before me
Very good
Congratulations You get a cashback of one rupee on the
phone from me
Shah Thank you
Thank you
For such a big reward
I am grateful to you
I know you are going to say this to me
No need to say
Don't worry
We have created a company here
ABC traders
What do we have to do in this?
We have to invest capital
Where should I go?
I go around
Where should I go?
To enter the journal
Sir, V for
Go to the voucher
You taught
You forgot yourself
That's why I taught you
If I forget tomorrow
So you can remind me
Thanks for reminding
Now we have to take
Which voucher
Whoever raises his hand first
I will not ask him a question
Tell me quickly
This is like Raksha Kumar
What I say, I do
What I don't say, I definitely do
So Mr.
Himanshu has not raised his hand
No, Himanshu
Which voucher should I take here?
F6 Received Voucher
Although you used the audience poll lifeline without my
permission
In KBC
You told the audience with advice
Received Voucher
Which is wrong
If you take lifeline without asking in the future
Get out of the game
What will you credit?
Deepak's Capital Account
There will be no type
You will have to press Alt C
Deepak's Capital Account
Under the heading of
Capital Account
Look, if you keep talking with me
Maybe your practice will be better
And if you don't talk with me
Maybe somewhere
Something is suppressed
And couldn't be cleared so well
How much capital did Big Brother invest?
Total Rs.
10 lakh
Total Rs.
10 lakh
How many zeros come in Rs.
10 lakh?
Sir, 6 zeros come in Rs.
10 lakh
Very good
He is also investing cash
Bank is also investing
So once you debit the cash
With Rs.
3 lakh
And then
Who will you debit?
Bank He is investing in HDFC Bank
You don't have to create cash
By pressing Alt C
You will have to create HDFC Bank
HDFC Bank
Under the heading of
Bank Account
Wow Put any account number
Put any IFSC
After that
Save the screen by pressing Ctrl A
And here
Put the narration by pressing Ctrl A
Being Capital
Invested by Deepak
In the business
Total Rs.
10 lakh
Rs. 3 lakh in cash
Rs. 7 lakh in bank
Sir, when you showed us the entry
It was different
You taught us to invest capital in bank
Separately And you taught us to invest capital in cash
Separately This time, sir, you did it together
Yes, you can do it together
Such entries are called
Compound Entries
What is said?
Compound Entries
These kind of entries are called
Compound Entries
In which
More than one account is debited
Or More than one account is credited
Or More than one account is debited
Or credited
Such entries are called
Contra Entries
In this case, more than one account was debited
Cash and HDFC Bank both
Because cash came to the business
And money was received in the bank account of the business
That's why
We will call it
Compound Entries
Save it by pressing Ctrl A
And press twice
Escape Escape means
To run and go back
Now press
B for Balance Sheet
And press F1 with Alt
And you can see
On your computer screen
Capital is coming in the account
Rs. 10 lakh
And here
If you see, cash is Rs.
3 lakh
And Rs.
7 lakh is coming in the bank account
Say Swaha Balance Sheet is your telly
Yesterday was a telly
Today is a telly
And tomorrow too
Telly Will be
Remembering Gadar movie
India was alive yesterday
Is alive today
Will be alive tomorrow
Ok This is also applicable for any software
Our first entry ends here
Friends Let's go
Quickly Its notes
Quickly Write its notes
As soon as possible
I am dictating
It will take two minutes
It is important to write
Lighting is mandatory
Write Go to Vouchers
I am writing its steps
The first step is
Go to Vouchers
Step 1
Go to Vouchers
Step no.
After going to Vouchers
We had written this one
To put capital
Ok Let it be
Let it be
Ok We have written this one
Let's go to the second step
Let's move on to the second step
Our second point is
Building purchased
Now see
Now the owner has taken the police station to do business
Arranged for Rs.
10 lakh
Now it will be discussed further
Building, Furniture, Machines will be purchased
It will be a business
Customers will come and sell
Where will they sit?
Furniture, Building, etc.
All these things are required
So first of all
Deepak Babu
Decided to buy a building
How much did he get a building for?
For Rs.
1 lakh
Sir, where do you get a building for Rs.
1 lakh?
Tell us
It used to be in 1960. Now you will go in 1960. Time travel
is still possible.
Stephen Hawking's soul will have to be called back.
She will come back and say that time travel is not possible.
So now it is not possible.
But in our questions it is possible that we buy a building
worth Rs. 1 lakh.
And from whom did we buy? From Harsh Babu.
And 80% payment was made by cash.
How much payment are we doing in cash? 80% payment.
So we bought a building worth Rs. 1 lakh from Harsh.
And now we are giving Rs. 80,000 to Harsh.
That too in cash.
The remaining Rs. 20,000 is debt on us.
This is how it is.
Where do we make payment in one go?
We give a little. A little is left.
Let's go.
I remembered Kabir's Doha.
Khud bhi bhooka na rahe, sadhu na bhooka jaye.
Like this.
Saamne wale ka mann rahe jaye.
Apni jeb bhi khaali na ho jaye.
Thoda rahe bhi jaye.
Ab aapko chalna hai.
V for Voucher.
Ab bhai bata hai.
80,000 rupee ki toh humne payment kar di.
Ar 20,000 rupee humare upar udhar bhi hai.
Kaise yeh kaam kiya jaye?
Main bata hoon.
Journal Voucher lo tum ek baar mere saath.
F7 press karke.
Sir, yeh galas baat hai.
Aapne gaata jab bhi payment ho.
Bank se ya cash se toh payment voucher lena.
Aur sir, yaha pe 80,000 ki payment hoto rahi hai.
Agar tum istarikesi kehna chah rahe ho.
Toh phir pata hai kya hoga.
80,000 ki building tum kharid ke payment voucher me karoge.
Aur phir 20,000 ki building alag dikhaoge tum.
Journal Voucher me jo udhari rahi hai tumhare upar.
Istarikesi do baar building debit hoke aise lagega.
Do building kharidin.
Ek 80,000 ki, ek 20,000 ki.
Isliye humne entry A ki pass karni padegi.
Building account ko eki baar 1 lakh se debit karna padega.
Aur bank ko credit karenge 80,000 se.
Aur jis vakti ki udhari humare sarpar madra rahi hai Mr.
Harsh.
Usse wahin credit kar denge 20,000 rupees.
Aur yeh kaam hum Journal Voucher me karenge.
Toh sir, Journal Voucher me bank aa jayega credit hone ke
liye.
Wo toh khali payment voucher me aata hai.
Check karte hain Journal Voucher humari baat maanta hai ya
nahi maanta hai.
Let's check it out.
Filhal ke liye debit kya kar du me?
Jo cheez aa rahi hai.
Debit what comes in ka rule.
Kya aa raha hai humare paas?
Building.
Likha nahi jayega.
Alt C dabana padega.
B U I L D I N G.
Under.
Kya hoti hai building?
Current asset, fixed asset kya hoti hai?
Fixed asset.
Sir, is baar hum sach batayenge.
Hume pata tha ki building fixed asset hoti hai.
Imaan daari se keh rahe hai.
Humne aapka sunke nahi bola.
Hume pehle se pata tha.
Maine kaha pata hai.
Maine janta hoon ki aapko aur kuch pata hoon na pata hoon.
Pat aapko itna jaroor pata hai.
Building, machinery, furniture, plant.
Yeh saari cheeze fixed asset hoti hai.
Jo kuch bhi nahi janta accounts ka.
Yeh baate toh woh bhi janta hai.
Maine kaha chalo theek hai.
Control ke saath A press karke screen ko save karo.
Aur kitne rupay ki building hai?
Ek lakh rupay.
Ek lakh rupey yahaan likh daalo.
Credit karo pehle kya?
Bank account.
Aa raha hai yahaan par credit karne ke liye bank account?
Bolo yes or no?
Nahi sir yahaan par bank account humare paas available nahi
hai.
Toh hum payment ke entry yahaan par nahi kar sakte.
Aur ek tarika bataao ab mai aapko.
Ab aise toh hum ab bhi nahi karenge.
Ab tumhe lag raha ho na.
Ki sir, aa wa aaya nahi bank account yahaan par ek saath
karne ke liye.
Toh ab 80,000 ki entry alag karo.
Aur 20,000 ki entry alag karo.
Wo case toh hum ab bhi apply nahi karenge.
Mitron, wajah bataadu uski kya hai?
Yaar, do do building nazar aayenge.
Aise lagayega ek 80 ki, ek 20 ki hai.
No, wo toh hum ab bhi bhi nahi karenge.
Pata hai hum kaunsa tarika apnaayenge.
Koi vyakti, koi samajdaar vyakti yahaan par?
Anybody? Koi idea desakta hai kya?
Kisi ke dimaag mein kuch chal raha ho?
Koi bhi ek vyakti, kuch apna dimaag laga ke jawab dene ki
koshish kare.
Nahi pakad pa rahe sir, hum.
Chalo.
Bolo? Capital account debit karke.
Capital account debit karke?
Oh my God!
Yeh SpaceX walon ne Mangal par pohucha diye ke insaanon ko
bhi?
Nahi? Toh banna agli ticket tumhari book kara di jati is
baat pe.
Capital account debit ka kya lena dena hai?
Suno meri baat tumh log.
Mere saath saath credit karo.
Alt ke saath C press karo.
Aur Harsh account ko credit kar do.
Harsh jisse hum kharid rahe hain.
Jis bhi vyakti se hum udhaar samaan kharid te hain.
Wo yata tata sarvada sundry creditor account me create hoga.
Yad rakhna.
Theek hai?
Toh Harsh ko create kar do.
Sundry creditors.
Under sundry creditors.
Aur control ke saath A press kar do.
Aur poore ek lakh rupe se pehle udhaar building kharid lo.
Theek hai?
Pehle maan lo humne building kharidi.
Poore ek lakh rupe apne sir pe udhaar rakhe hai.
Ab is entry ke baad hum 80,000 ki payment Harsh ko kar
denge.
Payment voucher me.
Yeh tariqa hum apnaenge.
Theek hai sir.
Pehle due kar denge poore ek lakh rupe.
Phir usme se jitni bhi payment kar rahe hain.
Usko payment voucher me kar denge.
On account lena hai yaha par aapko.
Aur enter karte hoye narration me aaja aur likho.
Being building purchased from Harsh.
Itna likhna bas.
Being building purchased from Harsh.
Aur isko control A karke save kar daal ho.
Control A karke save kar daal ho.
Aur do baar escape dabha ke bahar aao.
Aur B for balance sheet press karo.
Aur ALT ke saath F1 dabha do.
To aap dekhenge.
Asset side building dikh rahi hai.
Ek lakh rupe ki.
Aur liability bhi yaha pe nazar aa rahi hai.
Current liability me sundry creditors.
Ek lakh rupe.
Enter press karoge to dikh jayega.
Harsh ke hain humare upar udhaar.
Ek lakh rupe.
Ab isme se 80,000 ki payment hum kar daalte hain.
To humare Harsh namak udhaari kitni rahe jayegi.
20,000 rupe.
Ultimately hume yehi chahiye tha na.
Ki ek lakh ki building aa jaye humare paas.
Aur 80,000 rupe Harsh ke chuk jaye.
Aur 20,000 ki hi Harsh namak udhaari jaye jaye.
Abhi Harsh namak udhaari balance sheet me.
Ek lakh rupe dikh rahi hai.
Aur aap dekh sakte ho.
Aapke cash me bhi.
3 lakh rupe dikhai de rahe hai.
Abhi jaise hi hum.
80,000 ka cash pay karenge.
Harsh ko to kya hoga.
Sir 80,000 cash me kam ho jayenge.
Cash reh jayega 2,20,000.
Aur creator ki naam ki udhaari bhi kam ho jayegi.
Usme reh jayenge 20,000.
Mainne kaha chalo.
Main bhi dekhta ho.
Tumhare saath saath yeh kaam karke.
V4 voucher me jao.
F5 payment voucher select kar lo.
Aur jis bhi vyakti ko payment karni hai.
Usse humesha debit karenge.
Payment voucher me.
Jisko bhi hum payment kar rahe hunge.
Wo humesha debit hoga.
Aur credit bank hoga.
Agar hum cheque se payment kar rahe hain.
Aur online payment kar rahe hain.
Aur cash hoga.
Agar hum cash me payment kar rahe hain.
Humesha payment voucher ka yehi rule hai.
Received voucher me.
Debit hoga.
Bank ya cash.
Aur credit hoga wo vyakti.
Ya wo organisation.
Jahaan se paisa hume receive ho raha hai.
Cheek hai sir.
Toh yahaan pe hum debit Harsh ko kar denge.
Hum keh rahe hain.
Harsh idhara.
Idhara Harsh idhara.
Kitne rupee mangte hain?
Wo keh rahe hain abhi 80% paisa de do.
Halagi hum hi usse keh rahe hain abhi 80% paisa de do.
Toh chalega.
Wo keh rahe hain.
Dekh lo ji poora ho jayega.
Hum keh rahe hain 80% hi denge abhi.
Toh yahaan pe 80,000 aa jayega.
Enter.
On account.
Enter.
Credit kar do cash.
Kyuki hum payment kar rahe the cash me.
Aur neeche aake narration likho.
Bing.
80% payment made to Mr. Harsh.
Agar koi Harsh naamak vyakti humari video dekh raha hai.
Toh Harsh.
Tume 80,000 rupee cash pohncha diye gaye hain bhai.
Check kar lena tumhare paas pohnche ya nahi.
Annah message karke hume bata dena.
Kahin aisa na ho.
Raaste mein humne jis vyakti ko diya ho.
Wohi apna 80,000 chabbat kar gaya ho.
Toh pohnche ho Harsh.
Toh batana zaroor.
Chalo.
Ctrl A karke save kar dalenge.
Ab chalo.
Do baar escape daba ke balance sheet ki taraf.
Chalo chale mitwa.
In unchi nichi balance sheet me.
Iski pyari pyari baaton me kahin hum.
Kho na jaye.
Nahi khoenge hum.
Hum sab kuch aapko apne saath le karke dikhayenge.
Yeh dekho.
Sundry creditors mein kitna raha gaya harsh naam ki udhari
ke matra? 20,000 rupee.
Aur idhar dekho cash bhi kam ho gaya.
Kyuki cash payment kar diya aapne.
3 lakh se ghat ke kitna ho gaya? 2,20,000.
Is tarike se hum kuch samaan kharidne me.
Agar humne part payment kar gaya hai.
Toh uski entry kar sakte.
Agar humne poora 1,00,000 saath hi de diya ho toh.
Toh ko dikhti nahi thi.
Building account debit karte.
Cash account ko credit karte.
Payment voucher me entry kar dalte.
Lekin hum poora samaan kharid rahe hain.
Aur payment part me kar rahe hain.
Partial payment jitni bhi ho rahe hain.
Payment voucher me jaa ke kar do.
Ye rule apna hai.
Ab iske notes likho aapne.
Iske notes likhiye friends.
Ab likhiye jara.
Humara comprehensive entry me.
Point number 2 ka notes likhiye.
Go to vouchers.
Step number 1.
Go to vouchers.
Good.
Step number 2.
Select F7 journal voucher.
Select journal voucher with F7.
Next point likhiye.
Debit building account under fixed assets.
Aur ab alt c nahi likhuwa rahe hoon.
Alt c aapko pata hai.
Debit building account under fixed assets.
Next point.
Credit Harsh account under sundry creditors.
Agar aapne Harsh ko ek saal ke andar-andar payment ka wada
kar rahe hain.
Toh sundry creditor me aa jaayega.
Ek saal se zyada ka samay le aaye.
Toh unsecured loan me create hoga.
Unsecured loan me create hoga.
Theek hai.
Okay ji.
Uske baad.
Next likhiye zyada.
Right narration and press CTRL plus A.
Is tarike se ek lakh rupay ki poori entry.
Write Narration and press CTRL plus A
After that we have to go to Payment Voucher
Go to Payment Voucher with F5
Debit Harsh Account with Rs.
Credit Cash Account with Rs.
Write Narration and press CTRL plus A
Add Credit Cash Account with Rs.
80,000 3rd point, 3rd point, 3rd point, 3rd point, here it
is, 3rd point
We are buying furniture from Kajal Furniture House for Rs
50,000 and payment made through bank
Brother, we are doing the entire payment together
We are getting furniture for Rs 50,000 and payment from
bank for Rs 50,000
Is it necessary to create a loan of Rs 50,000 in the
journal first?
Like the case of Harsh? No sir
What we have to do directly is to make the payment and buy
the stuff
So, directly make the entry in the payment voucher
This is what I was saying to you
If you are doing the entire payment, then make the entry in
the payment voucher
Go to the voucher, come to F5 payment
Debit, alt c, whatever is coming, whatever you are buying
Whatever is coming to your office and is going to freeze
Furniture under fixed assets
And here make GST not applicable by writing NOT
Because we are a little out of GST discussion as far as
telly is concerned
GST will also come
Step by step it is coming
But when the time is right, I will bring it in front of you
Now it is sitting behind me
With control
Furniture for Rs 50,000
Enter, enter
Credit Where to make the payment?
Cash or HDFC bank?
Sir, HDFC bank
Make the payment
Enter, enter control and write the narration
Being Furniture Purchased from Kajal Furniture House
You can write in your own words
As you want to write
Just know this
The meaning of narration is that you state what is
happening in the above entry
This is it
So we have stated
If someone wants to write something else
Forward, backward, up, down, ab, up, cd, down
So he can do it
Press a with control
And press escape twice and come to the balance sheet
Is it necessary to come to the balance sheet again and
again?
It is absolutely necessary
We see it together
You don't ask the time while watching the reel of Insta
Is it necessary to put this behind every reel?
You are asking is it necessary to go to the balance sheet
every time?
There is no need to dance and show
Otherwise I will also come to the boys
I have to join
So here press B for balance sheet
F1 with alt
And you see
Another fixed asset is set
Furniture for Rs 50,000
Yes sir
And cash is less
Cash is less or bank?
Bank balance is less
Sir, this time it is reduced from Rs 7 lakhs to Rs 6.5 lakhs
No one could even touch the cash
Because no payment was made from cash
How can anyone touch the cash?
Let's go to the government
Get his notes
Write quickly
Point number 3
Entry number 3 notes
These notes will be very useful
It is my promise
If you believe me once
Brother, after learning here
I am saying
There will be no need to learn anywhere
Courtesy these notes
Just keep these notes with you once
If a new version comes tomorrow
Apply them
Then you will also know
Where in the new version
There is a little command up and down
So our objective is not that
Once you learn
Then make you like this
Become dependent on us
You will also help in the future
With these notes
Write Go to vouchers
First step
Go to vouchers
Select payment voucher with F5
F5 F5 Who remembers Brock Lesnar from F5
Here If not
Then your life is bad
You have not seen WWE
You have to write F5 on YouTube
There you will get videos of Brock Lesnar
He puts it on his shoulder and spins it
He also defeated Roman Reigns
He also defeated John Cena
He also defeated Undertaker
With that trick
Okay Watch Watch TV
Watch cricket
Watch football
Watch WWE
Watch politics
Watch news
Write homework
Go to vouchers
Select F5 with payment voucher
Debit furniture under fixed assets
Debit furniture account under fixed assets
Enter amount
After that you have to enter the amount
Fifty thousand rupees
Enter amount
Next step
Write Credit HDFC bank account
Because you are making payment from there
Credit HDFC bank account
Write narration
And press CTRL plus A
This will be the last step
Write narration
And press CTRL plus A
Okay
Okay We have written sir
Now take us to the next point
Come to notes
And look at point number 4
Now we buy goods
Friends Capital We have some money in the bank
We have some money in cash
Yes sir
Bought a building
Furniture Fitting Everything is fine
Now one thing is missing
The person who buys will come
But will we sell it now?
There is no stuff to sell
Furniture Bought to use
Not to sell
So now we buy goods
Can you tell
What is the meaning of goods
Has been taught to you
Anything Anything Which is bought
To sell
Buy in 10
To sell in 12
To earn profit
Objective That thing is called goods
So this Deepak Babu
What did he buy?
He bought watches
Watch Their watch gallery
Okay They have such watches
Some have simple watches
Some have smart watches
Now Which one are you buying?
Let's see
Nothing is written
Means now
Buying a simple watch
How much is this? 200 pieces
And what is the price of one? 1000 Can you tell
How much is the total? 1000 rupees
Buying and bringing
From whom?
Devesh watch gallery
Will buy it from someone
Will sell it later
Devesh watch gallery
Buying 200 pieces
Bringing So that the watch
Can be sold later
Where is it written
They have made a payment
Where is it written
They have made a payment
Say yes or no
No So we have to buy a loan
We have to enter to buy a loan
Okay sir
So are you with me?
Yes sir
So I said okay
Will buy a loan
Will talk to the other person
That look
The condition is a bit thin
Tell me
Will buy a loan
Will enter to buy a loan
Come Go there
Go there
Our era
To the temple
Means it is said
Hindu era
To the temple
It is the same thing
V for
Press voucher
V for
Voucher Okay sir
We have pressed V for voucher
Now tell me
Which voucher should I enter?
What does your heart say?
Purchase Purchase Purchase Purchase Purchase Purchase
Purchase
Purchase Voucher
Your heart is saying very well
Originally F9
And your heart is also right
Because I told
When we buy goods
What we do?
When we buy goods
What we do?
In Purchase Voucher
When we sell goods
Then in the sale voucher
Now we had bought the building
Bought furniture
Both were fixed assets
I have got them entered
Not in Purchase Voucher
In Journal
Or they entered in Painment Voucher
Only those things that are bought to sell in the future,
which are the goods of your business, its entry is in the
purchase voucher.
Press it.
On the same note, everyone should press F9 together with me.
Today in all the computers, all together.
F9 was pressed and a very beautiful purchase voucher opened
in front of you.
Because it is beautiful,
Purchase and Sale, you will have to do the most entries in
their daily.
Most of the transactions are to buy and sell goods.
You will buy the building once, you will buy the furniture
once, you will change it in 2-3 years, you will change it
in 5 years.
But you will buy goods daily, you will sell daily.
You will buy daily loans, you will buy cash, you will sell
daily loans, you will sell daily cash.
You have to do a lot of work in these vouchers.
The very first point is coming here, Supplier Invoice
Number.
The goods that you have bought from Devesh Watch Gallery,
he must have given you a bill.
Write the number written on that bill.
For example, write 001.
And friends, whatever date is given on that bill, we will
have to ignore that thing. Say why?
Because in our telly, 1 April, 2 April and 31 March will be
able to run.
That's the only difference, everything else is fine.
If the bill has a date of 10 April, then we cannot write 10
April in educational mode.
In paid mode, we will be able to write that thing too.
That's the only difference.
So tell me, is this a big deal?
Sir, this is not a big deal.
There is no problem in this.
In fact, it is a good thing from the telly.
What should I write in the party account name?
Whom are you buying from?
From Devesh Watch Gallery.
Absolutely right.
Press C with ALT.
And write Devesh Watch Gallery.
Take a look at the 11th class.
Close your eyes.
Take a look at the 11th class.
Tell me, whoever you buy goods from, what do you call him?
Sundry Debtor or Sundry Creditor?
Sir, you have added the word creditor.
So it is definitely Sundry.
you must be saying sundry creditor yes sundry creditor you
catch me by force next time i will trap you no problem i
know your trick next time you will see take sundry creditor
press A with CTRL again press A with CTRL again press A
with CTRL everything comes in between learn first then
comes purchase ledger telly is asking show in purchase show
in purchase show in purchase show in purchase all goods you
buy goes in purchase yes sir under also purchase under also
purchase type of ledger not
gst not applicable press A with CTRL ok after that name of
item now it is asking are you buying yes what are you
buying name of item watch if not smart then write wrist
watch wrist watch for simple watch not good you write
simple watch name of wrist watch press C with ALT same way
you drink water you should get used to ALT C like you don't
know while drinking water you should not know while
pressing ALT C your subconscious mind should be ready to
press ALT C name of wrist watch under primary
take pieces in units because watch comes in pieces you
can't write pieces you have to press ALT C write pieces in
short form
PCS write whole name
PIECES write PCS in UQC press A with CTRL number of decimal
place will be 0 because you can buy watch you can't same
example with CTRL with gst applicable press A with CTRL
with CTRL how much we bought? 200 1000 each total amount is
2 Lakh watch carefully there is no debit credit problem in
this voucher without debit credit telly is designed to help
you in trading you just have to know how to work you can
say untrained or those who don't know they try to do
purchase entry in general voucher
Purchase Account Debit to Devesh Watch Gallery where I am
showing you this is very useful place when we come to GST
purchase and sale bill when we come to GST you will know
the importance of GST so keep learning till then wait
remember that meme write in narration write on account on
account means loan bank goods purchased on credit we bought
loan goods bank goods purchased on credit press A with CTRL
and save it press escape twice and come to balance sheet
press B for balance sheet press F1
ALT you can see your stock in 2 lakhs can you see it or
not? our loan has increased again sundry creators have
increased 20,000 sundry creators have increased 2,20,000
why 2,20,000? because Harsh's 20,000 is remaining and
2,00,000 loan from Devesh Watch Gallery we bought more so
this is 2,20,000 friends do you want to see P&L? press P on
Gateway of Telly press F1 with ALT and see wrist watch you
are getting purchases and in closing stock 2,00,000 you
have no profit or loss now some people who
crazy they have a problem they are saying we bought
2,00,000 we spent it we didn't earn anything so we should
see 2,00,000 loss why can't we see 2,00,000 loss? because
profit or loss will not be calculated until you sell goods
now you have purchased goods and kept them with you now you
will compare how much did you buy how much did you sell
what is the profit and loss now you are buying and you have
shown it in closing stock now it is an asset because it
will earn you money the 200 pieces you
it will earn you money so it is not your expense it is your
asset you spent it and its benefit is over now you will get
the benefit of the stock it is your asset so don't say it
will be a loss it is an expense ok sir now note this note
this write it write it
go to vouchers the first step is the same
go to vouchers in this write the second step select
purchase voucher with
F9 select purchase voucher with F9
write invoice number and date write put put invoice number
and date put or enter word after that
enter party account name under sundry creditors party under
sundry creditors enter party account name under sundry
creditors under sundry creditors
next step
create purchase account under the heading of purchase
accounts create purchase account under the heading of
purchase accounts create purchase account under the heading
of purchase accounts
press enter
create the item purchased write create oblique enter
because we are creating wrist watch once because we bought
it first time when we will buy wrist watch again we don't
have to create create oblique enter the stock item
purchased the stock item purchased create oblique enter the
stock item purchased with quantity and rate with quantity
and rate if you want to create wrist watch press alt you
don't have to write
with quantity and rate write narration and press ctrl write
narration and press ctrl
write narration and press ctrl
next step
next step go to notes go to notes then tele then tele then
go to notes next step buy smart watch from smarty galleries
smart watch smart watch smart watch smart watch smart watch
smart watch smart watch
smart watch smart watch smart watch
smart watch
smart watch smart watch smart watch
This is written on your bill, the one you bought, the other
party gave it to you
Now you are saying 2, because the previous bill was number
1, so this will be 2
This is not your bill, this is being deducted by the other
party
Maybe this is the first bill, or maybe this is the 10th bill
Don't do this, write this as 143
February is going on, it will be auspicious for you to
write 143
I am telling you this after checking your horoscope
Writing 143 is auspicious in the month of February
And your auspicious color is red, that too maroon
Should I tell you the auspicious number? 14 now listen, who
are you buying from? from smarty now you want to create
smarty gallery in party account name you don't want to?
good, you don't want to because why will he become our
creditor? we have not bought loan from him he has also paid
in cash so take cash in party account name sir, cash is not
the name of any party so party account name doesn't mean
it's the name of a person or an organization party account
name means if you are buying a loan,
the name of a person or an organization otherwise, it's the
name of a cashier or a bank in purchase ledger, the same
thing will come purchase again and which watches are we
buying this time? smart watches which shows your heart beat
how many steps you have to take it also shows many other
features you can connect your mobile with this you can also
connect a call with this in name of item press C with ALT
and write smart watches what will you write? smart watches
under primary you don't have to
it again pieces will be written this time select it from
here in GST applicable write not applicable and press A
with CTRL press A with CTRL how many quantity are we
buying? how many quantity are we buying? write 10 pieces at
the rate 4000 each write 10 in quantity write 4000 in rate
and it becomes 40000 enter while pressing enter write being
smart watches purchased in cash being smart watches
purchased in cash after that press CTRL A or ENTER or ENTER
Y and save this screen ok we have saved
let's go back come to B for balance sheet see how much is
your stock your stock is 2,40,000 your stock is 2,40,000
because in this there are simple wrist watches worth
2,00,000 and now you have purchased smart watches worth
40,000 now you have purchased smart watches worth 40,000 so
it becomes 240 so it becomes 240 because while buying smart
watch you have paid 40,000 in cash so your cash is reduced
to 1,80,000 press SK and press P for P&L press F1 with ALT
and see your purchase is 240 it has
watch worth 2,00,000 and smart watch worth 40,000 and your
closing stock is also 240 40,000 smart and 2,00,000 wrist
watch still there is no profit or loss because we have not
made any sale these two are our assets worth 2,40,000 these
two are our assets worth 2,40,000 if they are sold
tomorrow, we will earn money press SK come back here and
start writing notes write notes of point no.
5 point no.
point no.
5 step 1 go to vouchers
select purchase voucher with F9
enter invoice no.
and date
enter invoice no.
and date
enter invoice no.
and date and date and date enter invoice no.
and date and date enter invoice no.
and date and date and date and date and date enter invoice
no.
and date
enter invoice no – and date enter invoice no.
and date next point write create oblique enter stock item
purchased create oblique enter stock item purchased
whichever item you have purchased like smart watch if it
was there before, then it is fine, otherwise you have to
create create oblique enter smart watch, we have created it
yes, after that put quantity and rate next step, put
quantity and rate put quantity and rate put quantity and
rate put quantity and rate next point write narration and
press ctrl plus a write narration and press
plus a fine sir, how do we see this again you open the
entry again
I told you dd dd, d for display, d for d for display, d for
press d next point again, open notes again, resume computer
screen this time number 6 will be with us number 6 we are
sitting here, purchasing how much time is left we didn't
see any profit in PnDell account also spending on expenses
becoming assets on assets enough time for selling we
purchased the building, furniture purchased goods,
everything is ready when the customer came to us and
friends how many of the wristwatches we bought
been sold out 150 wristwatches have been sold how much did
you buy one wristwatch for? the price of one wristwatch
1000, will you sell it for that much? no, the price is a
little high and there is a very good margin here how much
is the sale price of one wristwatch? 3000 but there is only
one bad news what? on credit to Rohan we have sold the
credit we will sell the cash in the next entry we don't
care about the credit we want to enter that's why I said
first the loan then the cash entry anyway
happens when a lot of things are sold first the sale will
be on credit then the other party will check it then the
payment will be done then the payment entry will be done so
let's do the sale entry and now we will inaugurate the sale
voucher the sale will be inaugurated call everyone although
there is no Halwa Puri arrangement for you but the
inauguration will happen it will happen
V for Voucher what is the shortcut key for sale voucher?
F8 the shortcut key is F8 for sale voucher party account
name who are you selling there?
Rohan, will you write or press Alt C? sir please stop
asking we know, now we are feeling shy should I take sundry
debtors or creditors? debtors whoever we sell loans to he
is our debtor whoever we buy goods from he is our creditor
ok sir press A with CTRL and again press A with CTRL and
again press A with CTRL and the way in Purchase Voucher in
Purchase Ledger
Purchase Account was created under the heading of Purchase
Account similarly in Sales Ledger column
Purchase Account will be created under the heading of Sales
Account press Alt C we are telling telly where to take this
entry in Trading Account, take it in Sales
Sales Account under Sales Account two times Sales Account
make GST not applicable and press A with CTRL press A with
CTRL now I would like to ask all of you present here all
the intellectual people present here all the intellectual
people
I have a small question we have sold wrist watch will you
create it by pressing Alt C? it is already created don't
think that it will be created at the time of purchase or at
the time of sale it is created only once how will you sell
it if you haven't bought it it will be sold only if you
have bought it you are selling it directly wrist watch how
many pieces have you sold? at what price?
Rs. 3,000 how much did you sell?
Rs. 4,50,000 take On Account and write
Goods sold to Rohan on credit
Goods sold to Rohan that is also a loan
Goods sold to Rohan that is also a loan what will be the
effect of this entry on my Balance Sheeter P&L the stock
will decrease and my sale will be seen in P&L and if sale
is seen then a little profit will also be generated so
let's see on Balance Sheeter P&L what is the effect press A
with CTRL press ESC twice come to B for Balance Sheet press
F1 with Alt and see your stock is only Rs.
90,000 how much stock is left? only Rs.
90,000 how much stock was left? how much stock was left?
whatever it was, the stock has decreased but a new current
asset has come whose name is
Sundry Debtor Rs.
4,50,000 this current asset has come we have sold them a
loan we have to take money from them a new Sundry Debtor
has come at Rs.
4,50,000 let's go to P&L we can see a profit of Rs.
3,00,000 any intelligent person will tell me how is the
profit of Rs.
3,00,000 coming?
let me tell you how many wristwatches have you sold?
How many wristwatches did you sell?
At the rate of 150 into 3000, you sold 4,50,000
How much did you buy these 150 wristwatches for?
Sir, 150 into 1000 rupees, 1,50,000
So you sold those things for 4,50,000 which you bought for
1,50,000
So your profit was 3,00,000
Profit is taken out like this
What did the matching concept account say?
It used to say that the number of items you have sold
Minus the purchase cost and sale price of the same item
If you have sold 150 watches for 4,50,000
Then the cost price and purchase price of 150 watches
Minus 1,50,000 out of 4,50,000 to get a profit of 3,00,000
It is not that you will say that we have sold 150 watches
So we will take the sale of 150 watches
And if we had purchased more, then we will take the
purchase of all watches
In such a case, those watches will also be included
Which are not yet sold
They cannot be included in the calculation of profit
Always remember
The purchase price of the same piece sold to get a profit
Will be minus
The cost of the same piece will be minus
In this way, the net profit is showing 3,00,000 rupees
Write it down
Point number 6
Go to vouchers
Step 1
Go to vouchers
Select sales voucher with F8
Enter Rohan
Under sundry debtors
Enter Rohan
Under sundry debtors
In the party account name column
Enter Rohan
Under sundry creditors
In the party account name column
Enter Rohan under sundry debtors
In the party account name column
After that
Create sales account
Under the heading of sales account
Create sales account
Under the heading of sales account
Next step
Enter the relevant item sold
With quantity and sale price
Enter the relevant stock item sold
With relevant quantity and rate
Don't write relevant again
With quantity and rate
Last step
Write narration and press CTRL plus A
Save it with CTRL plus A
Friends, we have come to the balance sheet
We have seen the effect of balance sheet
I would like to try to revise all the work we have done
today
Because we have done very important work today
First of all, our capital entry
Now keep looking at your steps
If you revise by looking at the steps
Imagination will be formed in the mind
So that thing will enter the mind forever
First of all, we created a company
In the name of ABC trader
We pressed F3 with ALT
Where did we go next?
We came to create company
We put relevant details in create company
Save it with CTRL plus A
Then we went to the vouchers to do the first entry
We took received voucher with F6
We credited Deepak's capital account with Rs.
10 lakh
Debited cash with Rs.
3 lakh
Debited HDFC bank account with Rs.
7 lakh
Then we wrote the narration and saved it with CTRL plus A
Second point
We bought a building with Rs.
1 lakh from Harsh
And we made 80% payment in cash
I taught you
Whenever you buy something
And the payment is being done partially
You are not doing the entire payment
So what do you have to do?
In such a case, what do you have to do?
First, do due with Rs.
1 lakh
First, do its entry in the journal voucher
Debit the building and credit Harsh with Rs.
1 lakh
With Rs.
1 lakh
After saving that entry
Go to the payment voucher
Make a payment of Rs.
And whenever we make a payment
We will debit the person or organization
To whom we are paying money
And we will credit cash if we are making a payment in cash
Bank if we are making a payment from the bank
Okay What is in the third case?
In the third case, sir, we bought furniture
And we did the entire payment together
When we do the entire payment together
Even then we will do the same
You can directly enter the payment voucher
So in such a case, what do you have to debit?
Furniture The thing that is coming to us is Rs.
And we are making a payment from the bank
So our HDFC bank account will be credited
Rs. 50,000
Sir, we will not write the name of Kajal Furniture House
anywhere
No Because we have nothing to do with Kajal Furniture House
There was no account book
Bought the goods, gave the money
The name of that person came in the balance sheet
Either he is our creator
We have to pay him
Or he is our debtor
We have to take money from him
Either take or give
If we don't say anything, why will we write his name?
In which heading will we write?
With which there is no account book left
Okay, sir
Next is number 4
Goods We are buying the thing from which we are going to
sell
What is in the goods?
Watches This man's watch account
How many watches did you buy? 200 pieces
At the rate? 1000 each
From whom did you buy?
Devesh watch
Did you buy a loan here or cash?
Bought a loan
If the name is not written anywhere, then it is a loan
We will go to vouchers
Which voucher will we select this time?
Purchase voucher
With which key?
With the F9 key
First of all, we will put the invoice number and date in it
In the name of the party account
We will create a Devesh watch gallery by pressing Alt C
Under the heading of
Under the heading of sundry creditor
It is very important to know about buying a loan
Okay, small thing
Never forget
After that
What to do in the purchase ledger option there?
Press Alt C and create an account
Purchase account
Under Purchase accounts
After that
Whatever item you are buying
You have to create that item by pressing Alt C
If it is already created, then you can select
If you are buying it for the first time, then you have to
create it by pressing Alt C
We will write its name
Under primary will come
In UQC, its unit quantity will come
Pieces, liter, meter, kg, whatever
Okay You will also keep gesture rates not applicable
Press A with control
Then quantity
As much as you purchased
Then rate
At what price did you purchase
Then the total amount will come
By taking on account
We will control it
The mini screen that opens
We will write narration below
And press A with control
We will save it
No. 5
We are buying a smart watch this time from Smarty Gallery
10 pieces at the rate 4000 each
Payment is done in cash
So in the party account name
Is it necessary to write Smarty Gallery or write cash?
Write cash
Voucher will remain the same
Entries will remain the same
Method will remain the same
What will come in the party account name?
Cash will come
Then we will do sale
We will go to voucher
To do sale
Select F8 sale voucher
After that in the party account name
If you are selling a loan
Then the name of Rohan will come
After doing all this
We will create Rohan
Under the heading of
Sundry Debtors
In the sales ledger
We will create a sales account
Under the heading of
Sales Account
Whatever item you are selling
We will select the stock item
How much quantity you are selling
We will write 150
We will write the rate 3000 Sale price will come
After that we will write the screen narration
We will save
And in the meantime
In between
We will go and see
Friends How do we have
Balance sheet and P&L
The effect of all this
Is being read
In between
You have to go and see this thing
So this was our
Today's very important discussion
Sir Only six points
And you said
There are 26 points
So sir
It will take a lot of time
Look at the starting point
It is important
It is expensive
We are writing slowly
But Some indirect expenses
And some
Some repeated points of indirect income
So what will happen
Once you put an entry of expense
Many entries will be done very quickly
We will not write their notes again and again
The same will happen in the case of income
That's why
The work you are doing now
It is not running slowly
It is running at a very fast speed
You need this much
Because the level at which you are learning
Very basic
Things Going to the top level
Going from basics to the top level
So you should give this much time
After this you will not forget
I can promise you this
Okay sir
So friends
The story here
Today's story ends here
See you in the next clip
Do revise these things
Without revising
If you see the next clip
You may have to face a problem
I will give you this warning here
So please
Without revision
Don't try anything
To watch the next video
Then what will happen
Things will start to mug up
You will think
Yes, I heard the video
I understood
Just put in which heading
I wrote that
To press keys etc
He said
Let's press keys etc
We got it
You know
Which day will be considered
When there is a bell in front of you
You enter it
Give it to me
With your convenience
You don't even remember my class CB
Then understand that thing
You have grinded
And that thing is yours
If you are thinking anywhere
Taking support
Referring to classes notes
So now your practice
Not complete
Now you have to work on those things
Remaining Okay Good sir
I give this warning
Without revision
There is no use
And many people do this
Thank you
Bye Bye
Take care
Meanwhile In the next clip
All other entries
Will be ready to learn
Bye Bye
you