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All Accounting Students Thread. by whiteNgold: 4:38am On Jul 13, 2016
Gud day fellow accountants in the making (all ready made accountants too are welcomed), Its nice to have u all here...


This thread is strictly for us to develop ourselves ,share knowledge, help with assignments....let's get together and make our future profession the best in Nigeria....graduates can give us study tips and the ryt ways we should go...



for aspiring students, ur all also welcomed to learn more....


It doesn't matter what institution ur in....feel free to share ideas with us...every one is welcomed .
Re: All Accounting Students Thread. by Nobody: 5:22am On Jul 13, 2016
Very good!!

Future accountants! help me understand this
debit and credit stuff in book keeping!

I'm going thru on d job training in accounting,

why do I post cash/ for sales on the Dr side and expenses/bills on the Cr side

isn't Dr money going out And Cr money coming in?

Thank you guys!
Re: All Accounting Students Thread. by Kookny(m): 9:44am On Jul 14, 2016
Hi smiley whiteNgold

I work with an accounting firm, we can discuss accounting issues here.

Caveat: I nor sabi everything o grin
Re: All Accounting Students Thread. by Kookny(m): 9:48am On Jul 14, 2016
Eyekandi:
Very good!!

Future accountants! help me understand this
debit and credit stuff in book keeping!

I'm going thru on d job training in accounting,

why do I post cash/ for sales on the Dr side and expenses/bills on the Cr side

isn't Dr money going out And Cr money coming in?

Thank you guys!

Hi, book keeping

In book keeping/cash book, any money being expended is to be posted on the Credit side, while moneys coming in are Debited... That's the guiding rule
Re: All Accounting Students Thread. by Nobody: 10:19am On Jul 14, 2016
Kookny:


Hi, book keeping

In book keeping/cash book, any money being expended is to be posted on the Credit side, while moneys coming in are Debited... That's the guiding rule

emm, I'm not an accountant, don't know what terms to use correctly!

so debit doesn't mean debtors?
Thank u
Re: All Accounting Students Thread. by Kookny(m): 11:27am On Jul 14, 2016
Eyekandi:


emm, I'm not an accountant, don't know what terms to use correctly!

so debit doesn't mean debtors?
Thank u

No, Debit doesn't mean debtors.

It depends on the class of account...

You're welcome

1 Like

Re: All Accounting Students Thread. by whiteNgold: 1:00pm On Jul 14, 2016
Eyekandi:
Very good!!

Future accountants! help me understand this
debit and credit stuff in book keeping!

I'm going thru on d job training in accounting,

why do I post cash/ for sales on the Dr side and expenses/bills on the Cr side

isn't Dr money going out And Cr money coming in?

Thank you guys!
dearii.....according to the accounting rules the Dr side is the receiving side while the Cr side is the giving side .. so when ever ur firm is receiving money u record it on the debit side while if ur spending money on something lyk purchases u record the transaction on the credit side.
Re: All Accounting Students Thread. by whiteNgold: 1:06pm On Jul 14, 2016
Kookny:
Hi smiley whiteNgold

I work with an accounting firm, we can discuss accounting issues here.

Caveat: I nor sabi everything o grin
that's so nice.... gud to have a graduate here....assignment no go be probs for me again smiley ,make I hear....boss lyk u.
Re: All Accounting Students Thread. by Kookny(m): 3:13pm On Jul 14, 2016
Lol, assignment ko!

We discuss and learn together smiley
Re: All Accounting Students Thread. by Nobody: 4:34pm On Jul 14, 2016
whiteNgold:
dearii.....according to the accounting rules the Dr side is the receiving side while the Cr side is the giving side .. so when ever ur firm is receiving money u record it on the debit side while if ur spending money on something lyk purchases u record the transaction on the credit side.


thank you!
Are u also good in excel?
Re: All Accounting Students Thread. by whiteNgold: 9:41am On Jul 15, 2016
Kookny:
Lol, assignment ko!

We discuss and learn together smiley
lolzzz....owkk sir,no probs...gud morning and how was ur nyt?
Re: All Accounting Students Thread. by whiteNgold: 9:43am On Jul 15, 2016
Eyekandi:



thank you!
Are u also good in excel?
not so much dear.ur welcm.
Re: All Accounting Students Thread. by Kookny(m): 12:01pm On Jul 16, 2016
whiteNgold:
lolzzz....owkk sir,no probs...gud morning and how was ur nyt?

Was okay...

Where are the assignments?? grin
Re: All Accounting Students Thread. by Kookny(m): 12:02pm On Jul 16, 2016
Eyekandi:



thank you!
Are u also good in excel?

What's the problem with Excel?
Re: All Accounting Students Thread. by Nobody: 2:42pm On Jul 16, 2016
Kookny:

What's the problem with Excel?
These specific financial/logical functions/formulas eg: HLOOKUP and VLOOKUP
Thank you.
Re: All Accounting Students Thread. by whiteNgold: 4:50am On Jul 18, 2016
Kookny:


Was okay...

Where are the assignments?? grin
owkk....lolzz.we on strike for now...as soon as we resume ...its exam tinxx....but not to worry...by next semester, assignments go plenty... wela wela..
Re: All Accounting Students Thread. by whiteNgold: 4:53am On Jul 18, 2016
Eyekandi:

These specific financial/logical functions/formulas eg: HLOOKUP and VLOOKUP
Thank you.
welcom....hope u don't mind.... intro smiley
Re: All Accounting Students Thread. by whiteNgold: 5:05am On Jul 18, 2016
mr kookny......gud morning to u and the whole accountants here.....

pls,if u don't mind... could u take us a little tutorial about the history and basics of accounting...( introduction to accounting) definition,different types of accounting, advantage/usefulness of accounting... somin lyk dat....pllllllls (cute baby faces,with open teeth) lolzz..,just kidding ma milk teeths were gone a long tym ago...choose a date u wanna present ur lecture and let us know so we go dey available... date n tym....tnx alot...
Re: All Accounting Students Thread. by Nobody: 7:37am On Jul 18, 2016
whiteNgold:
welcom....hope u don't mind.... intro smiley


intro I don't get.
Re: All Accounting Students Thread. by whiteNgold: 1:00pm On Jul 18, 2016
Eyekandi:


intro I don't get.
tell us more about u...
Re: All Accounting Students Thread. by Nobody: 2:03pm On Jul 18, 2016
whiteNgold:
tell us more about u...

huh? about me? this ain't about me naw I'm talking Excel abeg :/
Re: All Accounting Students Thread. by whiteNgold: 7:26am On Jul 19, 2016
Eyekandi:



huh? about me? this ain't about me naw I'm talking Excel abeg :/
lolzzz....that's owkk....excel? this is an accounting thread dough..... u can go over to web masters ...does dudes will sure do well to ans ur questions... hope that helps? .... where is mr kookny,u never reply me yet o...sobs,tears dripping.
Re: All Accounting Students Thread. by whiteNgold: 9:51pm On Jul 25, 2016
gud day all....Mr kookny seems to be away ,so ile take up the introduction to accounting tutorial......hmmmmm,ile give u all update on the time and day soon....tnx....do have a pleasant nyt rest.
Re: All Accounting Students Thread. by Kookny(m): 11:18pm On Aug 08, 2016
whiteNgold:
mr kookny......gud morning to u and the whole accountants here.....

pls,if u don't mind... could u take us a little tutorial about the history and basics of accounting...( introduction to accounting) definition,different types of accounting, advantage/usefulness of accounting... somin lyk dat....pllllllls (cute baby faces,with open teeth) lolzz..,just kidding ma milk teeths were gone a long tym ago...choose a date u wanna present ur lecture and let us know so we go dey available... date n tym....tnx alot...

Sorry I've been away for a while... I will drop d little I can and, maybe, you'd look up the rest.
Re: All Accounting Students Thread. by whiteNgold: 8:14am On Aug 12, 2016
Kookny:


Sorry I've been away for a while... I will drop d little I can and, maybe, you'd look up the rest.
owkkk Sir... no problem... ur welcm back too.
Re: All Accounting Students Thread. by Kookny(m): 10:20pm On Aug 13, 2016
whiteNgold:
owkkk Sir... no problem... ur welcm back too.

The antispambot banned my account and hid my post here.

Some of my replies were in it.
Re: All Accounting Students Thread. by Kookny(m): 10:26pm On Aug 13, 2016
Eyekandi:


These specific financial/logical functions/formulas
eg: HLOOKUP and VLOOKUP

Thank you.

HLOOKUP and VLOOKUP are used when doing intersheet data lifting in excel.

Whereas the VLOOKUP copies data in columns, the HLOOKUP copies data in the row array
Re: All Accounting Students Thread. by Nobody: 10:30pm On Aug 13, 2016
Kookny:


HLOOKUP and VLOOKUP are used when doing intersheet data lifting in excel.

Whereas the VLOOKUP copies data in columns, the HLOOKUP copies data in the row array


Thank you,, i wish i could get a practical example tho! thanks again
Re: All Accounting Students Thread. by whiteNgold: 11:32am On Aug 21, 2016
Kookny:


The antispambot banned my account and hid my post here.

Some of my replies were in it.
this is serious ooo.....why would a mod do such?
Re: All Accounting Students Thread. by whiteNgold: 11:40am On Aug 21, 2016
Kookny:


The antispambot banned my account and hid my post here.

Some of my replies were in it.
gud day mods: Richiez , olawalebabs , Fynestboi. why was this young mans post hidden and why was he banned for rendering educational services?.....we are awaiting ur relpy sirs...tell us what's wrong with this thread.

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