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format of trading account
 
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Trading account is a nominal account. in trading account we post factory related Expenses and losses in the debit side and all incomes & profits in the credit side . if balance of credit side is more than debit side, it shows gross profit ( balancing figure) on the other hand debit side balance is more than credit side, it means gross loss( balancing figure) and posted this gross loss in the debit side of the profit and loss account.In this video , we discuss about closing enteries of trading account. first of we discuss about financial statements, financial statement is a statement which provide the status of business means business runs in profit or loss. finanacial statements is divided into two parts: income statement & Balance sheet Income Statement is also divided in two parts: Trading account & Profit and Loss Account here we discuss closing enteries of Trading account before doing entry we have to know about what is trading account? Trading account is nominal account. in Trading account we enter factory related expenses. here is basic rule for entering nominal account means trading account (Commerce) i.e. " Debit all the expenses & loses, Credit all the Incomes & Gains." In Trading account we enter Opening stock Purchases Purchase return light carriage wages wages & salaries dock charges import duty coal , gas & fire Manufacturing expenses etc. Gross Profit in debit side of Trading account( accountancy) Credit Side: Sales Sales Return Closing Stock Gross loss Remember one thing i.e. salaries and wages should not enter in the Trading Account(accountancy) How to know about gross profit and gross loss: if debit balance is more than credit balance it means gross loss, if credit balance is more than debit balance it means gross profit.
Views: 55839 Online tuition centre
Example Trading Account | Final Accounts | CA CPT | CS & CMA Foundation | Class 11 | Class 12
 
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Example Trading Account, Learn for Free Final Accounts, We have covered Introduction to Trading A/c, Profit & Loss Account, Balance Sheet and Manufacturing Accounts. For Details Visit http://www.meraskill.com/ca-cpt/accounts/final-account WhatsApp Now: 8692900017 http://www.meraskill.com/ Our other chapters in this series Accounts by Sheela Madam http://bit.ly/AcctsIntro http://bit.ly/AcctJournaltoCB http://bit.ly/CR_ROE http://bit.ly/BankRecoS http://bit.ly/MSInventory http://bit.ly/MSDep http://bit.ly/MSFinalAc http://bit.ly/MSConsignment http://bit.ly/MSJointV http://bit.ly/MSBillsOfExchg http://bit.ly/MSSalesReturn http://bit.ly/MSPartnership1 http://bit.ly/MSPartnership2 http://bit.ly/MSCompanyActs1 http://bit.ly/MSCompanyActs2 Law by Bharat Sir http://bit.ly/MSNatureofContract http://bit.ly/MSConsideration http://bit.ly/MSEssentialElements http://bit.ly/MSPerformanceOfContract http://bit.ly/MSBreachOfContract http://bit.ly/MSContingent_Quasi http://bit.ly/MSFormationContractOfSale http://bit.ly/MSCondition_Wattanties http://bit.ly/MSTransferOfOwnership http://bit.ly/MSUnpaidSeller http://bit.ly/MSNatureOfPartnership http://bit.ly/MSRelationshipOfPartners \http://bit.ly/MSRegistration_Dissolution Micro by Bharat Sir http://bit.ly/MSIntroMicroEconomics http://bit.ly/MSDemand http://bit.ly/MSTheoryofCB http://bit.ly/MSSupply http://bit.ly/MSTheoryOfProd http://bit.ly/MSTheoryOfCost http://bit.ly/MSMarket http://bit.ly/MSPriceDetermination Macro by Jaya Madam http://bit.ly/MSNatureOfIndianEconomy http://bit.ly/MSRoleOfDiffSectors http://bit.ly/MSNationalIncome_Tax http://bit.ly/MSPopulation_Poverty_Unemployment http://bit.ly/MSInfrastuctureChallnges http://bit.ly/MSBudget_Money_Banking http://bit.ly/MSEconomicsReforms Maths by Anand Sir http://bit.ly/MSRatio_Propr http://bit.ly/MSIndices_Log http://bit.ly/MSEquations http://bit.ly/MSInequalities http://bit.ly/MSInterest http://bit.ly/MSPermutaion_Combination http://bit.ly/MSAP_GP http://bit.ly/MSSets_Function http://bit.ly/MSLimits http://bit.ly/MSDifferentiation http://bit.ly/MSIntegration
Views: 22975 Mera Skill
Trading and Profit and Loss Account and Balance Sheet with Adjustments explained in easy way
 
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Trading and Profit and Loss Account and Balance Sheet Explained with Example in easy way for Commerce Students | CA | B.Com | M.Com | CS Hello Guys, I am back with another video on Accountancy. In this video I am going to teach you guys how to prepare Trading Account and profit and Loss Account as well as Balance Sheet. And the best part of this video is that I am going to explain this with a difficult Example so that you guys would be able to do any kind of questions relating to Trading and Profit and Loss Account and balance Sheet. Okay so, let's start. Before starting with the Question, here is a quick format of trading and Profit and Loss Account. It starts with the heading Trading and profit and Loss Account for the year ending dash dash dash means for whatever period we are preparing it.So, if we are preparing it for the year ended 31st March 2016, we will say Trading and Profit and Loss Account for the year ended 31st March,2016. So, It is prepared in a T format, T as in English alphabets which includes Particulars Amount Particulars Amount as you can see in the slide. I still remember the time when I studied this format for the first time, I used to call it Papa P A P A Papa which is an Indian word for Father. So, this whole account is divided into two parts i.e Trading Account and Profit and Loss Account. Firstly we start with Trading Account. on the Debit side, we write Opening Stock, then To Purchases, then Wages and then Other Expenses. Okay, Always remember that we add the expression 'To' to every account written on the Debit side of the Trading account. And on the Credit side we write By Sales and By Closing Stock. On the Credit side we add ' By' to every account instead of To. Now, this is where almost our Trading Account ends. See, I said almost not completely. The most important part of Trading Account still lefts. As you guys may know that in Accounts we balance both Debit and Credit side i.e the total of Debit side should always be equal to the total of Credit side. Therefore, to balance both the Debit and Credit side of Trading Account, we use Gross profit or Gross Loss which is the main purpose of preparing Trading Account. Now, if the Credit side is more than the Debit side, we have Gross profit and if the Debit side is more than the credit side, we have gross Loss. These are the balancing figure which means that their amount will depend upon the difference between the Debit and Credit side. This is where our Trading Account ends. In't it simple? Don't worry if you guys feel it is difficult, stay with me till we solve the question and all of your doubts will vanish. so, here is the total of Trading Account which we write inside two straight lines. Okay, now it's the turn of Profit and Loss Account. It always starts with either Gross profit or Gross Loss. It depends upon the result of the Trading Account. If the result of the Trading Account is Gross Profit, profit and Loss Account will start with Gross Profit on the Credit side and if the result is Gross Loss, profit and Loss Account will start with Gross Loss on the Debit side. Also On the debit side of profit and Loss account we record Indirect Expenses i.e all other expenses except Direct Expenses and on the Credit side, we record Indirect Incomes. Now, comes the Totaling part. So, as I said Debit is always equal to Credit , therefore If the Credit side is more, we have Net profit and if the Debit side is more, we have Net loss. So, if you guys want a complete explanation on Direct and Indirect Expenses and Incomes, the video link is in description. So, with this we have studied enough of the format, now let's solve an Example with Adjustments. Okay, so here is a Trial Balance given from which we have to prepare Trading and Profit and Loss Account as well as Balance Sheet. But before reading the question, you guys should have knowledge of Assets, Liabilities, Direct Expenses, Indirect Expenses and Indirect Incomes. Now, if you are studying Trading and profit and Loss Account, let me assume that you already know about Assets and Liabilities because we study thm in starting. Now Direct Expenses are those which are directly related to production. Example of Direct Expenses are Wages, Carriage Inward, Freight Inward, Octroi, Royalty on Production etc. And Indirect Expenses are those Expenses which are not directly related to production. Example includes Salary, taxes, Postage, Telephone Expenses, Insurance, Printing and Stationery Expenses, Depreciation, Advertisement Expenses etc. Now let's study the question. So, the question is the Following is the
Views: 51192 Lavish Gupta
Trading Account with Profit and Loss with Example in Hindi
 
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Full Hindi video on what is Trading account with Profit and Loss, explained by accounts guru, Vishwanath Gaur. If this video helped you then Subscribe to our channel and don't forget to press the Bell Icon. Follow us on Facebook - https://www.facebook.com/finnocode/ Our Website - http://finnocode.com/
Views: 20888 Finnocode Accounts
Final Accounts: The Trading Account {Hindi}
 
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Brief discussion about the Trading Account in Final Accounts in Hindi. Thanks for watching my videos. Support, Share and Subscribe! Gear I use: For writing on screen: http://amzn.to/2wSA955 Microphone : http://amzn.to/2w8ktKk Laptop: http://amzn.to/2wJo8jd Link for my facebook page: https://facebook.com/thecommercetutor Website: http://www.thecommercetutor.com Links of my other videos: An Introduction to Final Accounts {Hindi} https://youtu.be/-fg5bo3_zMA Capital and Revenue Receipts AND Deffered Rev. Exp.- Concepts explained in Hindi - https://youtu.be/xB9_0AVWJr8 CAPITAL AND REVENUE- MOST IMPORTANT CONCEPT IN ACCOUNTING - PART 1 [HINDI] - https://youtu.be/3PI6nAqQ0LA Problem on Trial Balance in Hindi - https://youtu.be/nvCjDZFDXpU Trial Balance - Errors disclosed and not disclosed https://youtu.be/NKXY20poRf8 TRIAL BALANCE - CONCEPT, FEATURES, ADVANTAGES AND FORMAT [HINDI] https://youtu.be/UubgH-6zFB0 SIMPLE PETTY CASH BOOK [SINGLE COLUMN] - WITH SMALL PROBLEM IN HINDI https://youtu.be/g-QYKxVZ8M4 PETTY CASH BOOK - CONCEPT AND TYPES [HINDI] https://youtu.be/PClOM8--FOI PROBLEM ON TRIPLE COLUMN CASH BOOK https://youtu.be/rodiyF2QN00 TRIPLE COLUMN CASH BOOK - CONCEPT WITH ILLUSTRATION [HINDI] https://www.youtube.com/watch?v=Bv8aFPpuPuI PROBLEM ON DOUBLE COLUMN CASH BOOK [HINDI] https://www.youtube.com/watch?v=1Y7HGnJQmZs DOUBLE COLUMN CASH BOOK- CONCEPTS INCLUDING CONTRA ENTRY [HINDI] https://www.youtube.com/watch?v=PsfFfitxzLY CASH BOOK- PART 2: SINGLE COLUMN CASH BOOK WITH SMALL PROBLEM https://www.youtube.com/watch?v=8MSj102t-C4 CASH BOOK- PART 1: CONCEPT, FEATURES, ADVANTAGES & TYPES https://www.youtube.com/watch?v=1LXrblt1iqw
Views: 90877 The Commerce Tutor
Trading Profit and Loss Account Format - Income Statement
 
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Trading Profit and Loss Account Format - Income Statement guide and principles. This format is well detailed to help you understand clearly the concepts, uses and elements of an Income Statement which was formally known as Trading Profit and Loss Account. Read more on Accounting topics at https://www.hstutorial.com
Views: 9165 HS Tutorial
Final Account, Trading A/c, P & L A/c and Balance Sheet
 
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Final Account, Trading A/c, P & L A/c,Balance Sheet Notes Website : http://www.iamtopper.com/ ►Like Us on Facebook https://www.facebook.com/iatclasses/ ►Follow us on Twitter https://twitter.com/iatClasses ►Follow us on Instagram. https://www.instagram.com/iatclasses/ For Notes Website: http://www.iamtopper.com Notes Android App: I am topper My Facebook: https://www.facebook.com/Ravikashyapsir/ My Instagram: https://www.instagram.com/ravi_kashyap_sir/ Here is the video for Financial accounting tutorial basics explanation for easy to understand. Hope this will help you to get the subject knowledge at the end. Thanks and All the best.
Final accounts with [14 Adjustments] Simple logic with example problem ( by:- kauserwise)
 
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Here is the video about Final accounts with 14 Adjustments, with this we discussed Profit and loss account, Balance sheet, outstanding expenses, Bad debts..., hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 [Every contribution is helpful] Thanks and All the Best!!! ─────────────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 2384190 Kauser Wise
Trading and Manufacturing Account (Simple explanation with solved problem) :-by kauserwise
 
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▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Here is the video about trading and Manufacturing Account Simple explanation with solved problem. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 174623 Kauser Wise
Final Accounts - The Trading Account JC
 
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This video tutorial looks at the Trading Account.
Views: 873 ExamRevision
Trading and Profit and Loss Account from Trial Balance - Problem 3
 
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"Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 " Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, ACCOUNTING BASICS A COMPLETE STUDY with 300+ Lectures, 28+ hours content available at discounted price (10% off)with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://bit.ly/2wgezFU Enrollment Link For Students From India: https://www.instamojo.com/caraja/accounting-basics-a-complete-study/?discount=inytabas9 Our website link : https://www.carajaclasses.com ---------------------------------------------------------------------------------------------------------------- Welcome to one of the comprehensive ever course on Accounting Basics. This course starts from “What is Accounting”, “Need for Accounting” to various Practical aspects in Accounting. Enjoy lectures for each and every concept in accounting presented in digital hand written format followed by Solved Case Studies Video. New videos are being added at frequent intervals and this course will be the longest one in Accounting soon. ---------------------------------------------------------------------------------------------------------------- Welcome to Accounting Basics - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn Fundamentals of Accounting, step by step covering the following: Section 1: a) Introduction to Accounting; b) Book Keeping; c) Accounting – Objectives and Process; d) Accounting Cycle; e) Accountancy, Accounting and Book Keeping; f) Users of Accounting Information; g) Branches of Accounting; h) Basic Accounting Terms; i) Basic Assumptions in Accounting; j) Basic Concepts in Accounting; k) Modifying Principles of Accounting; l) Accounting Standards; Section 2: m) Double Entry System in Accounting; n) Accounting Equation; o) Golden Rules of Accounting; Section 3: p) Source Documents; q) Cash Memo; r) Invoice; s) Receipt; t) Debit Note; u) Credit Note; v) Pay in Slip; w) Cheque; x) Vouchers; Section 4: y) Books of Original Entry; z) Journal and Format aa) Steps in Journalising; bb) Journal Illustrations; cc) Compound Journal Entry; Section 5: dd) Ledger; ee) Utility of Ledger; ff) Format of Ledger; gg) Posting; hh) Procedure for Posting; ii) Posting of Compound Journal Entry; jj) Posting the Opening Entry; kk) Balancing an Account; ll) Significance of Balancing; mm) Balancing of Different Accounts; nn) Procedure for Balancing; Section 6 - covering Trial Balance and Final Accounts. This course is structured in self paced learning style. Video lectures are used for delivering the course content. Take this course to create strong foundation in fundamentals of accountancy. • Category: Business What's in the Course? 1. Over 206 lectures and 20 hours of content! 2. Understand need and importance of Accounting 3. Understand Book Keeping, Objectives and Advantages 4. Understand Accounting Process, Accounting Cycle, 5. Understand Users of Accounting Information 6. Understand Branches of Accounting 7. Understand Basic Accounting Terms 8. Understand Accounting Assumptions, Concepts and Principles 9. Understand Rules of Accounting 10. Understand Journal, Ledger, Trial Balance and Final Accounts Preparation Course Requirements: 1. No basic knowledge is required 2. Students can approach this course with fresh mind Who Should Attend? 1. Any one interested in Learning Accountancy 2. Accounting / Finance / Science Students 3. Entrepreneurs
Views: 95866 CARAJACLASSES
How to prepare Trading and Profit & Loss Account in excel spread sheet (Samir)
 
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Final Account is one of the steps of accounting cycle. It is the combination of Trading and Profit and Loss account which is one of the part of Financial Statement. Financial statement includes major four account i.e. Income Statement, Balance Sheet, Cash Flow Statement and Statement of Retained Earnings. Profit and Loss account sometimes also called Income statement. Income Statement could be either in Single step format or Multi-step format. Trading account basically deals with Direct incomes and Direct expenses accounts where as Profit and Loss account deals with Indirect Incomes and Indirect Accounts. The following steps to prepare the final accounts are listed as bellows: 1. Prepare Trading Account 2. Prepare Profit and Loss Account 3. Prepare Profit and Loss Appropriation Account 4. Prepare the Balance Sheet Final account shows the position of the company in terms of various ways like Assets, Liabilities, Capital, Expenses, or Incomes. For more details please visit my blog site : http://samir4uraza.blogspot.com Here is an excel file as a template you can download this file by clicking here: https://docs.google.com/spreadsheets/d/1gbf64YpQZBEFM40obrQv5SAFC4TUmi7x5x4Z8K4zoGs/edit?usp=sharing Thank you If you like it don't forget to subscribe my channel and hit the notification bell for more updates.
Views: 293893 My eSheet
Final Account, Trading A/c, P & L A/c and Balance Sheet by Nitin Goel
 
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This Video will help you to understand in an easy way the concept of Trading account, Profit and Loss account and Balance sheet.
Views: 362 Nitin Goel
Financial Accounting - Income Statement
 
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I explain the income statement and format of the statement
Views: 286654 mattfisher64
Format of Trading Account | Class 11 Accountancy Financial Statements
 
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Format of Trading Account | Class 11 Accountancy Financial Statements by Anjali Scholarslearning.com is an online education portal that provides interactive study material for students of classes 6th to 12th for CBSE. Complete with elaborate live classes, multimedia tutorials, interactive exercises, practice tests and expert help, we endeavor to make school easy for students and help them score more. We also provide free NCERT solutions, subject-wise synopses and chapter-wise revision notes for classes 6th to 12th for a thorough understanding of concepts right from a basic to an advanced level of difficulty. Download scholarslearning app from android and ios .
FORMAT OF TRADING ACCOUNT | FINANCIAL STATEMENTS | TRADING ACCOUNT | ACCOUNTANCY VIDEOS | GEI
 
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FORMAT OF TRADING ACCOUNT | FINANCIAL STATEMENTS | TRADING ACCOUNT | PROFIT AND LOSS ACCOUNT | BALANCE SHEET | ACCOUNTANCY VIDEOS | GEI #Gyankaksh #ACCOUNTS #FINANCIALSTATEMENTS #tradingaccount #profitandlossaccount #balancesheet #NIOS #CBSE #ISC #IGNOU #Bcom #CA #CS If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9051378712 * Paypal a/c : www.paypal.me/RaghunathJaiswal [Every contribution is helpful] Thanks & All the Best!!! WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1 Watch our other videos: ACCOUNTANCY VIDEO CLASSES - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqkGl4Sq5ikimHcd1upPnz- JOURNAL ENTRIES WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoX97h18700DTr635TOfAH_ Subsidiary Book Solved Sums (Purchase & Purchase return a/c, Sales & Sales return a/c) - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpkj3Qc3_XMDXjw3uA1hfOm SINGLE COLUMN CASH BOOK | DOUBLE COLUMN CASH BOOK | PETTY CASH BOOK - https://www.youtube.com/playlist?list=PLnkZZQxcaXmraj6-ig9RPEkezwbPQESAk BANK RECONCILIATION STATEMENT - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrOgBYIwl579u2--u6NXCoA Company Accounts | Issue of Shares| Reissue of Shares | Forfeiture of Shares - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqZpUdDN6Q_ZuHpu-pMVvv_ Issue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpg925v5A3xUP-J0CB7RSag Company Forfeiture of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpfBthIr59PAyYK_s6KbPR9 Company Reissue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrDmqr9KVd3G9BjEPAYbDwy Issue of Debentures | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmr_2z9_h4IOgYWPY6Th4ZSu Partnership Account | Admission of a Partner | Retirement and Death of a Partner | Dissolution of a Partnership Firm - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrXUZ-Cy7eQim78y8Q6Lffi Admission of a Partner With 51 Solved Sums - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrVPQXLgqrsaDYwIuSMva1T RETIREMENT OF A PARTNER AND DEATH OF A PARTNER WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmo183IkGRzlEwCNJIjH70PZ DEPRECIATION ACCOUNTING - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoFsSqz-UcjKSq2GrHXrMAM Follow us - https://www.facebook.com/gyankaksh/ https://twitter.com/ragjai https://www.facebook.com/raghunathjaiswal https://www.instagram.com/theyoutubersofficial Do watch our other channels too- GyankakshTv - https://www.youtube.com/channel/UCetNwLf7pJVvjGE1rTrCCiA The YouTubers - https://www.youtube.com/channel/UCASrdJkuDp0wPcTheG4YW8Q Born Hungry - https://www.youtube.com/channel/UCc6H0LA6vLzD-uIWsmiaFXw Artistree World - https://www.youtube.com/channel/UCD1_UOPlJ_RzrcwaOJJB3pw Music - www.bensound.com Buy Breakup it's not an end... (A Romance Fiction Book) Click here - http://www.infibeam.com/Books/breakup-its-not-end-raghunath-jaiswal/9789383562367.html
Introduction to accounting [Journal- Ledger & Trial balance] simple method(by kauserwise)
 
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Here is the video about Introduction to accounting. *What is journal and how to pass journal entries. *What is Ledger and how to post ledger. *What is Trial balance and how to do trial balance in accounting everything in simple manner. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. ▓▓░───CONTRIBUTION ─░▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Western Union / MoneyGram [ Name: Kauser, Country: India & Email: [email protected] ] [Every contribution is encouraging US] Thanks & All the Best!!! ──────────────────── To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research * Statistics Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu For Statistics - https://www.youtube.com/playlist?list=PLabr9RWfBcnoJi5snMQQzDGYmb4ydFpTs
Views: 3076125 Kauser Wise
How to Prepare Trading Profit and Loss Account and Balance Sheet.
 
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THIS VIDEO EXPLAINS OPENING AND CLOSING JOURNAL ENTRIES. ALSO EXPLAINED IS THE PREPARATION OF TRADING PROFIT AND LOSS A/C AND BALANCE SHEET (WITHOUT ADJUSTMENTS).
Views: 301153 JBS CLASSES
Trading Account - Need and Format
 
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"Install our android app CARAJACLASSES to view lectures direct in your mobile - https://bit.ly/2S1oPM6 Join my Whatsapp Broadcast / Group to receive daily lectures on similar topics through this Whatsapp direct link https://wa.me/917736022001 by simply messaging YOUTUBE LECTURES Did you liked this video lecture? Then please check out the complete course related to this lecture, ACCOUNTING BASICS A COMPLETE STUDY with 300+ Lectures, 28+ hours content available at discounted price (10% off)with life time validity and certificate of completion. Enrollment Link For Students Outside India: https://bit.ly/2wgezFU Enrollment Link For Students From India: https://www.instamojo.com/caraja/accounting-basics-a-complete-study/?discount=inytabas9 Our website link : https://www.carajaclasses.com ---------------------------------------------------------------------------------------------------------------- Welcome to one of the comprehensive ever course on Accounting Basics. This course starts from “What is Accounting”, “Need for Accounting” to various Practical aspects in Accounting. Enjoy lectures for each and every concept in accounting presented in digital hand written format followed by Solved Case Studies Video. New videos are being added at frequent intervals and this course will be the longest one in Accounting soon. ---------------------------------------------------------------------------------------------------------------- Welcome to Accounting Basics - A Complete Study Course! This is one of the comprehensive course in Fundamentals of Accounting covering theory as well as practice. In this course, you will learn Fundamentals of Accounting, step by step covering the following: Section 1: a) Introduction to Accounting; b) Book Keeping; c) Accounting – Objectives and Process; d) Accounting Cycle; e) Accountancy, Accounting and Book Keeping; f) Users of Accounting Information; g) Branches of Accounting; h) Basic Accounting Terms; i) Basic Assumptions in Accounting; j) Basic Concepts in Accounting; k) Modifying Principles of Accounting; l) Accounting Standards; Section 2: m) Double Entry System in Accounting; n) Accounting Equation; o) Golden Rules of Accounting; Section 3: p) Source Documents; q) Cash Memo; r) Invoice; s) Receipt; t) Debit Note; u) Credit Note; v) Pay in Slip; w) Cheque; x) Vouchers; Section 4: y) Books of Original Entry; z) Journal and Format aa) Steps in Journalising; bb) Journal Illustrations; cc) Compound Journal Entry; Section 5: dd) Ledger; ee) Utility of Ledger; ff) Format of Ledger; gg) Posting; hh) Procedure for Posting; ii) Posting of Compound Journal Entry; jj) Posting the Opening Entry; kk) Balancing an Account; ll) Significance of Balancing; mm) Balancing of Different Accounts; nn) Procedure for Balancing; Section 6 - covering Trial Balance and Final Accounts. This course is structured in self paced learning style. Video lectures are used for delivering the course content. Take this course to create strong foundation in fundamentals of accountancy. • Category: Business What's in the Course? 1. Over 206 lectures and 20 hours of content! 2. Understand need and importance of Accounting 3. Understand Book Keeping, Objectives and Advantages 4. Understand Accounting Process, Accounting Cycle, 5. Understand Users of Accounting Information 6. Understand Branches of Accounting 7. Understand Basic Accounting Terms 8. Understand Accounting Assumptions, Concepts and Principles 9. Understand Rules of Accounting 10. Understand Journal, Ledger, Trial Balance and Final Accounts Preparation Course Requirements: 1. No basic knowledge is required 2. Students can approach this course with fresh mind Who Should Attend? 1. Any one interested in Learning Accountancy 2. Accounting / Finance / Science Students 3. Entrepreneurs
Views: 482 CARAJACLASSES
Trading account problem 2
 
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Trading a/c in easy language
Views: 5802 Husain Academy
Introduction to Final accounts with Trading account format | Financial Accounts | Mathur Sir Classes
 
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Introduction to Final accounts with Trading account format | Financial Accounts | Mathur Sir Classes #MathurSirClasses #StudyMaterial If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. Music - www.bensound.com video edited by : Gyankaksh Educational Institute https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1
Views: 980 Mathur Sir Classes
PREPARATION OF TRADING ACCOUNT IN MALAYALAM
 
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Subscribe our Channel : https://www.youtube.com/c/AlNasralnazrmedia Trading Account Format : http://msclassesvkd.blogspot.in/2017/11/trading-account-format.html Trading Account Quiestion - 1 : http://msclassesvkd.blogspot.in/2017/11/trading-accounting-quiestion-1.html Trading Account Answer Quiestion - 1 : http://msclassesvkd.blogspot.com/2017/11/trading-account-answer-quiestion-1.html ഇസ്‌ലാമിക് ബാങ്കിങ് പഠനം ഭാഗം-1 : https://www.youtube.com/watch?v=612yovwJu2c BASIC TERMS OF ACCOUNTING : https://www.youtube.com/edit?o=U&video_id=dKsKkKN_Ge0 PLUS TWO ACCOUNTANCY CLASS PART 1 : https://www.youtube.com/edit?o=U&video_id=x1ciuETqF_Q M.S SHABEER(ACCOUNTING TEACHER AT EDU SMART EDUCATION CENTRE,VADAKKEKKAD)
Views: 12621 M S Speaks
Trading Account ( Financial Statement) Part I Class 11th
 
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Trading Account Format .. Final Accounts of class 11th
Trading account problem 1
 
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My video lecture for all commerce and other students on trading account of sole trader
Views: 14779 Husain Academy
TALLY ERP 9- FINAL ACCOUNTS | TRADING ACCOUNT | PROFIT AND LOSS| Balance Sheet (Hindi)-Day-12
 
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Learn Final accounts in Tally ERP9, It give an idea about the profitability and financial position of a business to its management, owners, and other interested parties. All business transactions are first recorded in a journal. They are then transferred to a ledger and balanced. These final tallies are prepared for a specific period. Generally Final Accounts consist of Trading Account, Profit and Loss Account and Balance Sheet. Learn How to Display Final Accounts in Tally, How to Modify and ratify it. Learn Basic Accounting Concepts of Final Accounts in Tally. It is Full Step by Step Tally Tutorial in Hindi. Must Watch to Master in Tally Accounting Practical Approach to work smartly. Have a Nice Day!!! Happy Learning!!! Keep Learning!!! Watch All Day by Day Video ::- Day-1 Complete Basic Accounting Class with Example|Journal Entry in Tally https://www.youtube.com/watch?v=vZQGxkommug&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&index=1 Day-2 INTRODUCTION to TALLY ERP 9 https://www.youtube.com/watch?v=XCszfm-6nBY&t=1s Day-3 Company Creation, Alteration, Tally Password https://www.youtube.com/watch?v=pqLoH8ObJ_M Day-4 Concept of Groups in Tally https://www.youtube.com/watch?v=6wi9BGM4iLA Day-5 How to Create Ledgers- https://www.youtube.com/watch?v=Cb6QLeXs_OU Day-6 Voucher Entry -Contra, Payment, Receipt, Journal, Sales, Purchase Voucher https://www.youtube.com/watch?v=tGX9iZSWu9I Day 7- Watch All Bank Transaction Entries in Tally- https://www.youtube.com/watch?v=QV1M0ALJPOA Day 8- Discount Related Entries in Tally | Cash or Trade Discount | All About Discount Tally https://www.youtube.com/watch?v=AfMlAyxw3j8&index=8&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s Day-9- Basic Adjustment Entries|Journal Voucher Entries https://www.youtube.com/watch?v=IYBoqln8uK4&index=9&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s DAY-10- Common Tally Problems Dr/ Cr Mode|Single Payment Modehttps://www.youtube.com/watch?v=43azz8FC89A&index=10&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv Watch All Bank Trascation Entries in Tally- https://www.youtube.com/watch?v=QV1M0ALJPOA Learn Accounting - https://www.youtube.com/watch?v=vZQGxkommug&t=25s INTRODUCTION to TALLY ERP 9 Day-2| Tally Versions, Gateway of Tally, Company -https://www.youtube.com/watch?v=XCszfm-6nBY&t=1s Tally ERP 9 Company Creation,Alteration,Tally Password,Vault Password,Delete Company-https://www.youtube.com/watch?v=pqLoH8ObJ_M Concept of Groups in Tally- https://www.youtube.com/watch?v=6wi9BGM4iLA How to Create Ledgers- https://www.youtube.com/watch?v=Cb6QLeXs_OU Voucher Entry -Contra,Payment,Receipt,Journal,Sales,Purchase Voucher- https://www.youtube.com/watch?v=tGX9iZSWu9I Download Practices Entries form our blog: http://cpitudaipur.blogspot.in/ Watch Tally Erp 9 Shortcut and Tricks- https://www.youtube.com/watch?v=s2vcoM6kF8M&t=25s Watch Tally Erp 9 Calculator Tricks- https://www.youtube.com/watch?v=wdTXMZIfdh4 Watch How to Run Tally in Pen Drive- https://www.youtube.com/watch?v=48yH5o4ytLA Learn Tally Erp 9 Basic To Advance Level-https://www.youtube.com/playlist?list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv Visit Our Website: http://www.cpitudaipur.com Visit Our Blog: http://cpitudaipur.blogspot.in/ Like Our Facebook Page: http://facebook.com/cpitudr Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
Preparation of trading account, Profit and loss account and Balance sheet
 
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Learn preparation of trading and profit and loss account and Balance Sheet.in order to prepare final accounts, it is very important to know about direct expenses,direct income, indirect expenses,Assets and Liabilities
Trial Balance, Trading, Profit and loss Account and Balance sheet
 
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#commercebuddy #finalaccounts #balancesheet
Views: 10599 Commerce Buddy
Trading and Profit and Loss Account
 
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PWA Year 12 Unit 2 P5 Business lesson looking at Trading, Profit and Loss Account.
Views: 30641 Mr Eyre
Final Accounts by CA/CMA Santosh Kumar
 
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Demo Lecture of Final Accounts for Class 11th,Class 12th,B.com,M.com,CA,CMA,CS by CA/CMA Santosh Kumar. Visit https://www.conceptonlineclasses.com/ for full lectures Call us on 7303445575,9999631597,8448322142 Like and follow us on facebook- https://www.facebook.com/pages/category/Education/Concept-Online-Classes-107662229916338/
Views: 198526 santosh kumar
trading account
 
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Through this video you can learn about trading account of final accounts easily.
Views: 6860 Skill World
Final accounts | Trading Account | Profit and Loss Account | Balance Sheet Basics
 
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In this video of accounting and Finance for banking explain in detail the basics of final accounts, trading account, profit and loss account or income statement account and balance sheet. Final accounts are collection of trading account, profit and loss account and balance sheet. For a non commerce background banker or student it is difficult to understand the concepts of accounting. So this video will help you to understand the basics of accounts. For Previous Year Ques of JAIIB/CAIIB Mock Tests Full Course Videos in Hindi Visit https://iibf.info Also See: Balance Sheet Analysis | Financial Ratio Analysis - Accounting Finance for Banking | AFB https://www.youtube.com/watch?v=VF1lQRMu5Ms This video also solves the queries: What are final accounts? What is trading account ? What is balance sheet ? What are profit and loss account? How to prepare final accounts? How to prepare balance sheet? Differences between trading account and profit and loss account? You can find this video on YouTube searching for trading account, balance sheet, profit and loss account, income statement, accounts, basics of accounting, final accounts, how final accounts are prepared, how to prepare final accounts, what are final accounts, what is profit and loss account, what is trading account, what is balance sheet, accounting and Finance for banking, accounting and Finance study material, accounting and Finance videos, accounts in Hindi
Views: 5800 Learning sessions
FORMAT OF PROFIT AND LOSS ACCOUNT | FINANCIAL STATEMENTS | TRADING ACCOUNT | ACCOUNTANCY VIDEOS GEI
 
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FORMAT OF PROFIT AND LOSS ACCOUNT | FINANCIAL STATEMENTS | TRADING ACCOUNT | PROFIT AND LOSS ACCOUNT | BALANCE SHEET | ACCOUNTANCY VIDEOS | GEI #Gyankaksh #ACCOUNTS #FINANCIALSTATEMENTS #tradingaccount #profitandlossaccount #balancesheet #NIOS #CBSE #ISC #IGNOU #Bcom #CA #CS If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9051378712 * Paypal a/c : www.paypal.me/RaghunathJaiswal [Every contribution is helpful] Thanks & All the Best!!! WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1 Watch our other videos: ACCOUNTANCY VIDEO CLASSES - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqkGl4Sq5ikimHcd1upPnz- JOURNAL ENTRIES WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoX97h18700DTr635TOfAH_ Subsidiary Book Solved Sums (Purchase & Purchase return a/c, Sales & Sales return a/c) - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpkj3Qc3_XMDXjw3uA1hfOm SINGLE COLUMN CASH BOOK | DOUBLE COLUMN CASH BOOK | PETTY CASH BOOK - https://www.youtube.com/playlist?list=PLnkZZQxcaXmraj6-ig9RPEkezwbPQESAk BANK RECONCILIATION STATEMENT - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrOgBYIwl579u2--u6NXCoA Company Accounts | Issue of Shares| Reissue of Shares | Forfeiture of Shares - https://www.youtube.com/playlist?list=PLnkZZQxcaXmqZpUdDN6Q_ZuHpu-pMVvv_ Issue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpg925v5A3xUP-J0CB7RSag Company Forfeiture of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmpfBthIr59PAyYK_s6KbPR9 Company Reissue of Shares | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrDmqr9KVd3G9BjEPAYbDwy Issue of Debentures | Company Accounts - https://www.youtube.com/playlist?list=PLnkZZQxcaXmr_2z9_h4IOgYWPY6Th4ZSu Partnership Account | Admission of a Partner | Retirement and Death of a Partner | Dissolution of a Partnership Firm - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrXUZ-Cy7eQim78y8Q6Lffi Admission of a Partner With 51 Solved Sums - https://www.youtube.com/playlist?list=PLnkZZQxcaXmrVPQXLgqrsaDYwIuSMva1T RETIREMENT OF A PARTNER AND DEATH OF A PARTNER WITH SOLVED SUMS - https://www.youtube.com/playlist?list=PLnkZZQxcaXmo183IkGRzlEwCNJIjH70PZ DEPRECIATION ACCOUNTING - https://www.youtube.com/playlist?list=PLnkZZQxcaXmoFsSqz-UcjKSq2GrHXrMAM Follow us - https://www.facebook.com/gyankaksh/ https://twitter.com/ragjai https://www.facebook.com/raghunathjaiswal https://www.instagram.com/theyoutubersofficial Do watch our other channels too- GyankakshTv - https://www.youtube.com/channel/UCetNwLf7pJVvjGE1rTrCCiA The YouTubers - https://www.youtube.com/channel/UCASrdJkuDp0wPcTheG4YW8Q Born Hungry - https://www.youtube.com/channel/UCc6H0LA6vLzD-uIWsmiaFXw Artistree World - https://www.youtube.com/channel/UCD1_UOPlJ_RzrcwaOJJB3pw Music - www.bensound.com Buy Breakup it's not an end... (A Romance Fiction Book) Click here - http://www.infibeam.com/Books/breakup-its-not-end-raghunath-jaiswal/9789383562367.html
Profit and Loss Account and The Balance Sheet -Introduction
 
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To support you can donate via PAYTM by following this link http://p-y.tm/PdIMBe8d7 OR via upi at [email protected] A brief discussion on Profit and Loss Account with Balance Sheet in Hindi. Thanks for watching my videos. Support, Share and Subscribe! Gear I use: For writing on screen: http://amzn.to/2wSA955 Microphone : http://amzn.to/2w8ktKk Laptop: http://amzn.to/2wJo8jd Link for my facebook page: https://facebook.com/thecommercetutor Website: http://www.thecommercetutor.com Links of my other videos: Final Accounts: The Trading Account {Hindi} https://youtu.be/S903iuef5DQ An Introduction to Final Accounts {Hindi} https://youtu.be/-fg5bo3_zMA Capital and Revenue Receipts AND Deffered Rev. Exp.- Concepts explained in Hindi - https://youtu.be/xB9_0AVWJr8 CAPITAL AND REVENUE- MOST IMPORTANT CONCEPT IN ACCOUNTING - PART 1 [HINDI] - https://youtu.be/3PI6nAqQ0LA Problem on Trial Balance in Hindi - https://youtu.be/nvCjDZFDXpU Trial Balance - Errors disclosed and not disclosed https://youtu.be/NKXY20poRf8 TRIAL BALANCE - CONCEPT, FEATURES, ADVANTAGES AND FORMAT [HINDI] https://youtu.be/UubgH-6zFB0 SIMPLE PETTY CASH BOOK [SINGLE COLUMN] - WITH SMALL PROBLEM IN HINDI https://youtu.be/g-QYKxVZ8M4 PETTY CASH BOOK - CONCEPT AND TYPES [HINDI] https://youtu.be/PClOM8--FOI PROBLEM ON TRIPLE COLUMN CASH BOOK https://youtu.be/rodiyF2QN00 TRIPLE COLUMN CASH BOOK - CONCEPT WITH ILLUSTRATION [HINDI] https://www.youtube.com/watch?v=Bv8aFPpuPuI PROBLEM ON DOUBLE COLUMN CASH BOOK [HINDI] https://www.youtube.com/watch?v=1Y7HGnJQmZs DOUBLE COLUMN CASH BOOK- CONCEPTS INCLUDING CONTRA ENTRY [HINDI] https://www.youtube.com/watch?v=PsfFfitxzLY CASH BOOK- PART 2: SINGLE COLUMN CASH BOOK WITH SMALL PROBLEM https://www.youtube.com/watch?v=8MSj102t-C4 CASH BOOK- PART 1: CONCEPT, FEATURES, ADVANTAGES & TYPES https://www.youtube.com/watch?v=1LXrblt1iqw
Views: 314781 The Commerce Tutor
Manufacturing with Trading Account simply explained in Hindi Lecture
 
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Watch Hindi lecture video to learn Manufacturing with Trading Account, as accounts guru, Vishwanath Gaur simply explains every related terms. If this video helped you then Subscribe to our channel and don't forget to press the Bell Icon. Follow us on Facebook - https://www.facebook.com/finnocode/ Our Website - http://finnocode.com/
Views: 5471 Finnocode Accounts
Receipts & Payments account (A/c of Non Profit Organisations) :-by kauserwise
 
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▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Here is the video about Receipts & Payments account (A/c of Non Profit Organizations) Financial accounting simple tutorial. Hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 410714 Kauser Wise
Profit & Loss account  as per Schedule VI
 
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https://www.meraskill.com/ca-cpt/accounts/introduction-to-company-account-reissue-and-forfeiture-of-shares
Views: 15435 Mera Skill
Income & Expenditure Account and Balance Sheet for NPO Sum 5
 
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Jagrat Creation Presents This Video lecture on Accounting for Not-for-Profit Organisation Which Includes sum wherein Income & Expenditure Account and Balance Sheet at end of Accounting period are prepared from given information. This video is useful for students reading for Accounting for Not-for-Profit Organisation in Class-11-Accountancy or Class-12-Accountancy, Stay Tune For Next Accountancy Video on Accounting for Not-for-Profit Organisation.
Views: 72789 Jagrat Creation
Income and Expenditure A/c & Balance Sheet (with solved problem) by:- kauserwise
 
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▓▓▓▓░░░░───CONTRIBUTION ───░░░▓▓▓▓ If you like this video and wish to support this kauserwise channel, please contribute via, * Paytm a/c : 7401428918 * Paypal a/c : www.paypal.me/kauserwisetutorial [Every contribution is helpful] Thanks & All the Best!!! ─────────────────────────── Income and Expenditure A/c & Balance Sheet (with solved problem) in Financial accounting tutorial ( Receipts and payments, Income and expenditure, Balance sheet, Non - profit organization), Hope this will help you to get the subject knowledge at the end. Thanks and All the best. To watch more tutorials pls visit: www.youtube.com/c/kauserwise * Financial Accounts * Corporate accounts * Cost and Management accounts * Operations Research Playlists: For Financial accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnojfVAucCUHGmcAay_1ov46 For Cost and Management accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnpgUjlVR-znIRMFVF0A_aaA For Corporate accounting - https://www.youtube.com/playlist?list=PLabr9RWfBcnorJc6lonRWP4b39sZgUEhx For Operations Research - https://www.youtube.com/playlist?list=PLabr9RWfBcnoLyXr4Y7MzmHSu3bDjLvhu
Views: 551045 Kauser Wise
#1 Final Accounts ~ Introduction and Basic Concepts
 
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Explained what is Final Accounts and what are its components... Further primary basic rules are also described... Few important concept, reasons and necessary journal entries required for posting entries in Trading and Profit & Loss A/c is explained in other videos. Student can watch them by following the below mentioned links : 1. Final Accounts with Adjustments (Introduction) -https://www.youtube.com/watch?v=1vtYzQVngA0 2. Final Accounts with Adjustments of Interest, Depreciation, Prepaid, Outstanding and Advance - https://www.youtube.com/watch?v=OgpjFFEqL5E 3. Concept of Prepaid vs. Unexpired AND Accrued vs. Outstanding - https://www.youtube.com/watch?v=RCHak7CP7JA Students can download relevant study material from the below mentioned link for better understanding of the concepts. Download Notes: https://drive.google.com/drive/folders/0BzfDYffb228JNW9WdVJyQlQ2eHc?usp=sharing #FinalAccounts #Accounting
Views: 200777 CA. Naresh Aggarwal
Learn TALLY #2 what are FINAL ACCOUNTS | TRADING ACCOUNT | PROFIT AND LOSS ACCOUNT | BALANCE SHEET
 
13:22
Please watch: "GST TAX TRICKS SAVE TAX!!!! " https://www.youtube.com/watch?v=ADkomjvillk -~-~~-~~~-~~-~- following quiries are solved in this video 1) what are FINAL ACCOUNTS 2) what is trading account in hindi IN TALLY 3) what is profit and loss account in hindi IN TALLY 4) what is balance sheet in accounting 5) VARIOUS ACCOUNTS IN FINAL ACCOUNT 6) WHICH ACCOUNTS ARE INCLUDED IN TRADING ACCOUNT 7) WHICH AND WHERE ACCOUNTS ARE INCLUDED IN PROFIT AND LOSS ACCOUNT 8) WHICH ACCOUNTS ARE INCLUDED OR PLACED IN BALANCE SHEET WATCH THIS VIDEO 🔴Learn TALLY #1 Basic Accounting Rules | what is Accounting | how to pass journal entry skill bill https://youtu.be/Q5wyBaO7Ioc Learn TALLY #3 CREATE NEW COMPANY | START NEW COMPANY IN TALLY |TALLY ERP 9 HINDI COURSE |SKILL BILL https://youtu.be/DDdI3LtlNf4 Learn TALLY #4 Practical PROBLEM 1 | open new company | pass some simple journal entries in tally https://youtu.be/6kJkHML6un4 FREE FREE FREE... SUBSCRIBE FOR LATEST tech VIDEOS https://www.youtube.com/channel/UCvys9ZbQdJjcPgBpmSO0CYA?sub_confirmation=1 tally erp 9 full tutorial in hindi In This Video I Will Explain You What are FINAL ACCOUNTS What is trading account what is profit and loss account p&l account and what is BALANCE SHEET and which accounts are placed in this accounts i have explained in short so you can do tally well and easily if you know all this you can skip this video but i suggest you to see this video once before starting tally accounts practical so good to learn and share knowledge to everyone powered by SKILL BILL AHAMED GAZI
Profit and Loss Account | Accounts Tamil Tutor |
 
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Accounts Tutorial in Tamil. Facebook: https://www.facebook.com/AccountsTamilTutor/ Twitter: https://twitter.com/AccountsTamil
Views: 1728 Accounts Tamil Tutor
Format Of Profit and Loss Account | | Class 11 Accountancy Financial Statements
 
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Format Of Profit and Loss Account | | Class 11 Accountancy Financial Statements by Anjali Scholarslearning.com is an online education portal that provides interactive study material for students of classes 6th to 12th for CBSE. Complete with elaborate live classes, multimedia tutorials, interactive exercises, practice tests and expert help, we endeavor to make school easy for students and help them score more. We also provide free NCERT solutions, subject-wise synopses and chapter-wise revision notes for classes 6th to 12th for a thorough understanding of concepts right from a basic to an advanced level of difficulty. Download scholarslearning app from android and ios .
Departmental Trading and Profit and loss Account Sums no 35 | Departmental Accounting | Mathur Sir
 
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Departmental Trading and Profit and loss Account Sums no 35 | Departmental Accounting | Mathur Sir Classes #MathurSirClasses #StudyMaterial If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. Music - www.bensound.com video edited by : Gyankaksh Educational Institute https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1
Views: 2956 Mathur Sir Classes
Format of Trading & Profit and Loss Account
 
23:53
Financial Accounting,Stock Account,Inventory Account,Cost of Goods Sold,Cost of Sales,Trading Accounts,Net Sales,Net Purchases,Gross Profit,Operating Profit,Net Profit,Other Income,Other Expenses,Operating Expenses,Profit and Loss Account, Statement of Comprehensive Income
Views: 7956 Ca Pakistan
How to Prepare Trading Profit and Loss Account and Balance Sh
 
23:25
How to Prepare Trading Profit and Loss Account and Balance Sheet.
Views: 9351 Vista Academy
Final Account [Part-1],11th Class Accounts, COGS, Trading Account
 
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Final Accounts notes Notes Website : http://www.iamtopper.com/ ►Like Us on Facebook https://www.facebook.com/iatclasses/ ►Follow us on Twitter https://twitter.com/iatClasses ►Follow us on Instagram. https://www.instagram.com/iatclasses/ http://www.iamtopper.com/11th-accounts/final-accountsclass-11th/ Financial statements are the statements that are prepared at the end of the accounting period, which is generally one year. These include Income Statement i.e. Trading and Profit & Loss Account and Position statement i.e. Balance Sheet TRADING ACCOUNT Trading Account is prepared to ascertain the results of the trading activities of the business enterprise. It shows whether the selling of goods purchased or manufactured has earned profit or incurred loss for the business unit. Cost of goods sold is subtracted from the net sales of the business of that accounting year. In case the total sales value exceeds the cost of goods sold, the difference is called Gross Profit. On the other hand, if the cost of goods sold exceeds the total net sales, the difference is Gross Loss. Cost of goods sold and gross profit A business enterprise either purchases goods or manufactures goods to sell in the market. Cost of goods sold is computed to know the profit earned (Gross Profit) or loss incurred (Gross Loss) from the trading activities of a business unit for a particular period.
Departmental Trading and P&L Account - Case Study
 
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