Video 3 Recording Transactions in the General Journal











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This video explains how to record transactions previously analyzed in video 2 in the General Journal • • Table of Contents: • • 00:00 - Video 3 Record Transactions in General Journal • 00:06 - Overview of The Recording Process • 00:44 - The Accounting Equation • 01:01 - Debit/Credit Rule • 01:27 - Debit/Credit Rule • 01:47 - Debit/Credit Rule • 03:01 - Summary of Debit/Credit Rule • 04:35 - Format of the General Journal • 05:42 - Example of a Journal Entry • 06:54 - Journal Entry – Transaction 2 • 07:15 - Journal Entry - Transaction 3 • 10:01 - Journal Entry – Transaction 8 • 11:12 - Posting to the General Ledger

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