Books of Original Entry | Journal | Class 11 Accountancy Explained in Nepali | NEB Exam Preparation

Welcome to Everest Online Academy! In this video, we explore the concept of Books of Original Entry , with a focus on the Journal , a fundamental topic in the Class 11 Accountancy syllabus. Understanding how to record financial transactions in the journal is crucial for scoring well in your NEB exams. Whether you're struggling with identifying accounts, applying the rules of debit and credit, or solving numerical problems step-by-step, this video will guide you with clear explanations and solved examples. ✅ What You’ll Learn in This Video: Introduction to Books of Original Entry : What are Books of Original Entry? (Definition and Importance) Purpose: To systematically record all financial transactions before transferring them to ledger accounts. Types of Books of Original Entry: Journal : The primary book where transactions are first recorded. Special Journals : Cash Book, Purchase Book, Sales Book, etc. Key Concepts : Journal : Definition: A book of original entry where transactions are recorded in chronological order. Format of a Journal Entry: Date Particulars (Account Debited/Credited) Debit Amount Credit Amount Steps to Record Transactions in the Journal: Identify the accounts involved in the transaction. Apply the rules of debit and credit. Write the entry in the journal format. Rules of Debit and Credit : Personal Accounts : Debit the Receiver, Credit the Giver. Real Accounts : Debit What Comes In, Credit What Goes Out. Nominal Accounts : Debit All Expenses/Losses, Credit All Incomes/Gains. Common Transactions Recorded in the Journal : Opening Entries. Closing Entries. Adjusting Entries. Rectification of Errors. Step-by-Step Solutions to NEB Past Year Questions : Solving numerical problems involving journal entries. Application of concepts in real exam questions. Common Mistakes to Avoid While Recording Journal Entries Tips to Score Full Marks in Journal Questions Practice Exercises for Better Understanding 💡 Why Watch This Video? The Books of Original Entry chapter, especially the Journal , is a frequently tested topic in the Class 11 Accountancy exam. By mastering this concept, you can confidently tackle exam questions and secure full marks in this section. This video simplifies the theory, provides solved examples, and includes practical tips to ensure you’re fully prepared. 📞 For more information, call us at 9767479277. 📢 Stay Connected: If you found this video helpful, don’t forget to LIKE 👍 , SUBSCRIBE 🔔 , and hit the notification bell so you never miss an update. Share this video with your friends who are also studying Class 11 Accountancy. Your support motivates us to create more educational content for Nepali students like you! 💬 Let’s Discuss: Have any doubts or questions about Books of Original Entry or related topics? Drop them in the comments below, and we’ll get back to you as soon as possible. Also, let us know what other topics or NEB questions you’d like us to cover in future videos. 🌟 About Everest Online Academy: At Everest Online Academy, we aim to provide high-quality educational content in English to help students excel in their studies. Our videos are carefully crafted to simplify complex topics and make learning enjoyable. From Class 11 and 12 subjects to competitive exam preparation, we’ve got you covered! Thank you for choosing Everest Online Academy as your learning partner. Keep watching, keep learning, and keep achieving greatness! 🌟 #Class11Accountancy #BooksOfOriginalEntry #Journal #NEBExamPreparation #EverestOnlineAcademy #StudyWithMe books of original entry class 11, journal explained, neb accountancy questions, debit and credit rules, everest online academy, accountancy tips and tricks, class 11 accountancy notes, accountancy study material, accountancy concepts, accountancy lessons, accountancy video lectures, accountancy revision, accountancy tips, accountancy simplified, accountancy model question, accountancy exam tips, accountancy online classes, accountancy live class, accountancy video tutorials, accountancy crash course, accountancy quick revision, accountancy test series, accountancy past papers, accountancy solutions, accountancy guide, accountancy strategies, accountancy practice, accountancy doubt clearing, accountancy discussion, accountancy interactive, accountancy learning, nepali students guide, neb preparation 2024, mastering accountancy, journal entries steps, special journals explained, rectification of errors Hashtags: #Class11Accountancy #BooksOfOriginalEntry #Journal #NEBExamPreparation #EverestOnlineAcademy #StudyWithMe #EducationInNepal #OnlineLearning #StudySmart #AccountancyBasics #Class11SEE #MathMadeEasy #AccountancySuccess #JournalEntriesTips #LearnAccountancy #MasterAccountancy #ExamPrep2024