BANKING TRANSACTIONS CONCEPT AND JOURNAL ENTRIES WITH EXAMPLE CLASS 11 NCERT

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BANKING TRANSACTIONS | CONCEPT AND JOURNAL ENTRIES (WITH EXAMPLE) | CLASS 11 | NCERT • In this video I have explained the journal entries with respect to Banking Transactions. I have taken an example which covers most of the tough points from T.S. Grewal. • Time Stamps: • 0:00 - Introduction • 1:04 - Bank A/c is a Personal A/c • 2:30 - Cheque in Hand A/c vs. Bank A/c - When to use? • 8:36 - Example Begins - Deposited in Bank A/c • 9:12 - Withdrawn from Bank • 9:48 - Goods purchased - Prabhat Electric Co. (Trade Discount) • 12:00 - Paid amount to Prabhat Electric Co. - Cash Discount • 14:25 - Received a cheque from Ramesh - Discount Given • 17:26 - Ramesh's cheque deposited in Bank • 18:26 - Ramesh's cheque dishonoured (Bank Charges Rs. 20) • 28:32 - Paid Balance Amount to Prabhat Electric Co. • 30:03 - Ramesh settled his Account with Interest • 32:18 - Life Insurance Premium of Owner paid • 34:05 - Standing Instructions - Telephone Bill Paid, Dividend Received • 35:50 - Cheque Discounted from Bank • Link to my previous videos (Recommended to watch before this) :- • Trade Discount and Cash Discounts - • • TRADE DISCOUNT CASH DISCOUNT | CONC... • Rules of Debit and Credit (The Straightforward and Easy Way)- • • Recording of Transactions -1 | Part -... • Rules of Debit and Credit (Traditional Modern Approach)- • • TYPES OF ACCOUNTS | RULES OF DEBIT ... • If you found this video helpful, please give it a thumbs up, leave a comment, and share it with your peers. Don't forget to subscribe to our channel for more insightful content! • Stay tuned for our next video, which will cover more concepts on Recording in Journal. • #journal #ankingtransactions #ramesh #PrabhatElectricCo. #cheuedishonoured #bankcharges #cash #bank #discounted #billreceivable #journalaccounting#journalentry #journalentriesaccounting #dkgoel2025solutions #tsgrewalsolutions #tsgrewal2024solutions #journalentries #narration #rules #goldenrules #goldenrulesofaccounting #easy #debitandcredit #traditionalapproach #modernapproach #realaccount #personalaccount #representativeaccount #nominalaccount #tangibleassets #intangibleassets #revenue #expenses #loss #gain #logical #recording #transactions #accountingequation #assets #concept #liabilities #capital #balancesheets #balancesheet #sourcedocument #ncertexamplersolution #ncertexamples #bcom #bcomadmission #bcomnotes #bcomsem1 #iascommerce #class11 #ncert #cashrejal #accountancy #iascommerce #upsccommerce #upscexam #Class11Accountancy #CommerceEducation #AccountingBasics #FinancialAccounting #StudentLearning #CommerceClass #EducationalVideos #AccountingTutorials #CommerceStudents #AccountancyLessons #SchoolEducation #CommerceSubjects #LearnAccounting #AccountingFundamentals #CommerceStudies

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