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Mastering Journal Entries for Accounting Exam

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Created December 9, 2025

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Video Transcript

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Your accounting final is a multiple-choice trap designed to expose if you're just guessing.

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The study guide deliberately hides the answer choices so you have to actually learn the logic

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behind the journal entries. The only cheat code you need to memorize is DEA LER.

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Dividends, Expenses, and Assets are debits. Liabilities, Equity,

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and Revenue are credits. If you know that natural balance, you pass.

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Also, stop wasting time calculating bond market prices with discount factors

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because that is officially off the exam. Focus on the journal entry banks where

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one account can be the answer for five different questions. Master the logic now or you will

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