JOURNAL | Compound Entry | ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING|:- By Dr.C.L.Jeba Melvin

#melwynngodsownkanyakumari #JOURNAL# Compound Entry#ACCOUNTING FOR MANAGEMENT#FINANCIAL ACCOUNTING#
1. ANNUITY METHOD|DEPRECIATION|ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING|:- By Dr.C.L.Jeba Melvin    • ANNUITY METHOD|DEPRECIATION|ACCOUNTIN...  
2. DEPRECIATION|WRITTEN DOWN VALUE METHOD|DIMINISHING BALANCE METHOD|solved problem: Dr.C.L.Jeba Melvin    • DEPRECIATION|WRITTEN DOWN VALUE METHO...  
3. DEPRECIATION|STRAIGHT LINE METHOD| ORIGINAL COST METHOD|FIXED INSTALMENT METHOD| Dr.C.L.Jeba Melvin    • DEPRECIATION|STRAIGHT LINE METHOD| OR...  
4. TRADING AND PROFIT & LOSS A/C|BALANCE SHEET |Adjustments| FINANCIAL ACCOUNTING|By Dr.C.L.Jeba Melvin    • TRADING AND PROFIT & LOSS A/C|BALANCE...  
5. MINI-PROJECT|BBA-BCOM|25-Mini-Project-Titles|Field Survey|Model Online Survey|Online Questionnaire    • MINI-PROJECT|BBA-BCOM|25-Mini-Project...  
6. TRADING AND PROFIT & LOSS A/C AND BALANCE SHEET |FINANCIAL ACCOUNTING| By Dr.C.L.Jeba Melvin    • TRADING AND PROFIT & LOSS A/C AND BAL...  
7. BALANCE SHEET | PURPOSE | ACCOUNTING FOR MANAGEMENT | FINANCIAL ACCOUNTING | By:- Dr.C.L.Jeba Melvin    • BALANCE SHEET | PURPOSE | ACCOUNTING ...  
8. TRADING AND PROFIT & LOSS A/C|ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING| By Dr.C.L.Jeba Melvin    • TRADING AND PROFIT & LOSS A/C|ACCOUNT...  
9. TRIAL BALANCE|LEDGER|JOURNAL|ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING|:-By Dr.C.L.Jeba Melvin    • TRIAL BALANCE|LEDGER|JOURNAL|ACCOUNTI...  
10. JOURNAL | Compound Entry | ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING|:- By Dr.C.L.Jeba Melvin    • JOURNAL | Compound Entry | ACCOUNTING...  
11. JOURNAL-EXERCISE|ACCOUNTING FOR MANAGEMENT|FINANCIAL ACCOUNTING|:- By Dr.C.L.Jeba Melvin    • JOURNAL-EXERCISE|ACCOUNTING FOR MANAG...  
12. Golden Accounting Rules|Dr.C.L.Jeba Melvin    • Golden Accounting Rules|Dr.C.L.Jeba M...  
13. USERS OF ACCOUNTING INFORMATION|ACCOUNTING FOR MANAGEMENT | FINANCIAL ACCOUNTING:-Dr.C.L.Jeba Melvin    • USERS OF ACCOUNTING INFORMATION|ACCOU...  
14. FUNCTIONS OF ACCOUNTING | FINANCIAL ACCOUNTING | ACCOUNTING FOR MANAGEMENT:- By Dr.C.L.Jeba Melvin    • FUNCTIONS OF ACCOUNTING | FINANCIAL A...  
15. NET PRESENT VALUE | NPV | CAPITAL BUDGETING – with solved problem: By Dr.C.L.Jeba Melvin    • NET PRESENT VALUE | NPV | CAPITAL BUD...  
16. ACCOUNTING RATE OF RETURN | ARR | CAPITAL BUDGETING | with solved problem:- By Dr.C.L.Jeba Melvin    • ACCOUNTING RATE OF RETURN | ARR | CAP...  
17. CAPITAL INVESTMENT DECISIONS [CAPITAL BUDGETING] :- By Dr.C.L.Jeba Melvin    • CAPITAL INVESTMENT DECISIONS [CAPITAL...  
18. PAY BACK PERIOD METHOD [CAPITAL BUDGETING] – with solved problem:- By Dr.C.L.Jeba Melvin    • PAY BACK PERIOD METHOD [CAPITAL BUDGE...  
19. BREAK EVEN POINT & MARGIN OF SAFETY [BREAK EVEN ANALYSIS]–with solved problem: By Dr.C.L.Jeba Melvin    • BREAK EVEN POINT & MARGIN OF SAFETY [...  
20. BREAK EVEN POINT (BEP) & P/V RATIO [BREAK EVEN ANALYSIS]–with solved problem:- By Dr.C.L.Jeba Melvin    • BREAK EVEN POINT (BEP) & P/V RATIO [B...  
21. BREAK EVEN CHART [BREAK EVEN ANALYSIS] – with solved problem:- By Dr.C.L.Jeba Melvin    • BREAK EVEN CHART [BREAK EVEN ANALYSIS...  
22. WEIGHTED AVERAGE METHOD - INVENTORY VALUATION – with solved problem: - By Dr.C.L.Jeba Melvin    • WEIGHTED AVERAGE METHOD - INVENTORY V...  
23. INVENTORY VALUATION - SIMPLE AVERAGE METHOD - with solved problem: - By Dr.C.L.Jeba Melvin    • INVENTORY VALUATION - SIMPLE AVERAGE ...  
24. HIGHEST IN FIRST OUT METHOD(HIFO) - STORES LEDGER ACCOUNT - solved problem: - By Dr.C.L.Jeba Melvin    • HIGHEST IN FIRST OUT METHOD(HIFO) - S...  
25. HIGHEST IN FIRST OUT METHOD(HIFO) - STORES LEDGER ACCOUNT - solved problem: - By Dr.C.L.Jeba Melvin    • HIGHEST IN FIRST OUT METHOD(HIFO) - S...  
26. STORES LEDGER ACCOUNT - LAST IN FIRST OUT METHOD (LIFO) with solved problem: - By Dr.C.L.Jeba Melvin    • STORES LEDGER ACCOUNT - LAST IN FIRST...  
PRICING OF MATERIALS ISSUE- FIRST IN FIRST OUT METHOD (FIFO) Solved Problem: - By Dr.C.L.Jeba Melvin    • PRICING OF MATERIALS ISSUE- FIRST IN ...  

Compound Journal Entries:
When same type of transactions take place twice or more than twice on the same date, then in place of separate entries for each, only one entry is passed, which is known as Compound Journal Entry.
GOLDEN ACCOUNTING RULES
Personal Account
DEBIT THE RECEIVER
CREDIT THE GIVER
Real Account
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
Nominal Account
DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

This episode explains the concept Compound journal entry. This video is very much useful for the MBA/M.Com/BBA/BBM/BCom students.
Best Regards,
Dr.C.L.Jeba Melvin, M.Com.,M.B.A.,M.Phil.,Ph.D
Associate Professor & Head of Research Centre
Department of Management Studies
Nesamony Memorial Christian College
Marthandam - 629165, Kanyakumari District
Tamil Nadu, INDIA
E.Mail: [email protected]