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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: 10220 Finnocode Accounts
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: 271792 The Commerce Tutor
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: 286371 JBS CLASSES
Trading and Profit and Loss Account from Trial Balance - Problem 3
 
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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: 73543 CARAJACLASSES
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: 4533 Lavish Gupta
What is Trading and P&L A/c | Final Accounts | CA CPT | CS & CMA Foundation | Class 11 | Class 12
 
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What is Trading and P&L A/c, 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/
Views: 55174 Mera Skill
What is a Profit Loss Account
 
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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Profit and Loss Account” This report is simply called P&L and is one of the most vital business reports issued. It is one of the three principal business reporting and measuring tools along with the balance sheet and cashflow statement. The P&L is essentially a trading account for a period, usually a year, but also can be monthly and cumulative. It shows profit performance, which often has little to do with cash, stocks and assets which must be viewed from a separate perspective using balance sheet and cashflow statement. The P&L typically shows sales revenues, cost of sales/cost of goods sold, generally a gross profit margin sometimes called 'contribution', fixed overheads and or operating expenses, and then a profit before tax figure. A fully detailed P&L can be highly complex, but only because of all the weird and wonderful policies and conventions that the company employs. Basically the P&L shows how well the company has performed in its trading activities. The statement of profit and loss follows a general form as seen in this example. It begins with an entry for revenue and subtracts from revenue the costs of running the business, including cost of goods sold, operating expenses, tax expense and interest expense. The bottom line is net income -profit. The balance sheet, income statement and statement of cash flows are the most important financial statements produced by a company. While each is important in its own right, they are meant to be analyzed together. By Barry Norman, Investors Trading Academy
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: 29879 Mr Eyre
Business Finance: Profit and Loss Account Tutorial
 
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A short video on how to complete a Profit and Loss Account for business finance. Sorry that the video cuts off at the end... but what I'm trying to say is "Thanks for watching and I'll see you again next time."
Views: 84821 MrBusinessStudies
Introduction of Profit & Loss Account | Final Accounts | CA CPT | CS & CMA Foundation | Class 11
 
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Introduction of Profit & Loss 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: 15093 Mera Skill
Final accounts with [14 Adjustments] Simple logic with example 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 and All the Best!!! ─────────────────────────── 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. 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: 2138302 Kauser Wise
Profit & Loss accounts explained
 
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In simple, easy terms - we explain what a profit and loss account is all about. If you want to know more after that, do check out our masterclasses: http://www.booglesltd.com/Bookkeeping_Masterclass_Training_CD.html
Views: 39829 booglesb
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: 38731 Online tuition centre
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: 145285 Kauser Wise
What is a Profit and Loss Account? Definition or Meaning | by Bizversity.com
 
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Want to access 'The World's Best Business Training'? Go to: https://bizversity.com/YTWC1 What is a Profit and Loss Account? A profit and loss account, also known as a P/L statement is a document that outlines whether or not a company has made a profit in a particular period. It can show the items that contributed to a profit or loss including the cost of goods sold and operating expenses. Altogether, these costs will add up to either be a positive or a negative number. For example... When Janine calculated her profit and loss account, she was surprised to learn she had made a minor profit from running her nutrition consultancy business. Working part-time, Janine had not realised that she had generated slightly more revenue than what she had spent on maintaining and providing that business. Operating expenses for Janine included continuing development courses, time spent producing nutrition plans as well as costs such as rent and electricity to power her office. It was a good thing that Janine recorded and tracked her invoices and payments well, including adding a margin for specialised services like sourcing supplements for clients. This video is brought to you by Bizversity.com Best described as the “Netflix for Business”, Bizversity gives you exclusive access to thousands of videos produced by leading business experts from around the globe. And because it’s an App, it’s available to you on-demand, anywhere, anytime. So don't delay, click on the link below and start your journey today: https://bizversity.com/YTWC1 Also, subscribe to our YouTube Channel now and be the first to know about new content and exclusive offers: https://bizversity.com/ytSubscribe And finally connect with us on Social Media and let Bizversity help you grow your business: Facebook ▶ https://www.facebook.com/Bizversity Twitter ▶ https://twitter.com/bizversity Instagram ▶ https://www.instagram.com/bizversity Linkedin ▶ https://www.linkedin.com/school/7794973/ Flickr ▶ https://www.flickr.com/photos/bizversity
Views: 10 Bizversity
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.
Basics of Final Accounts | Trading A/c, Profit & Loss A/c and Balance sheet.
 
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Here in this Video You will get the basics of final accounts Expenses Classification of expenses into Direct and Indirect Format of Trading A/c Format of Profit & loss A/c Format of Balance Sheet Don't forget to subscribe the channel for more sessions Thank You...!!!!
Difference between Trading Account and Profit and Loss
 
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Welcome to T. S. Grewal Solutions 2018-19. Hope you enjoy the video. Please like, subscribe and share for more quality content. Thanks for watching! Welcome to T. S. Grewal Solutions 2018-19. Hope you enjoy the video. Please like, subscribe and share for more quality content. Thanks for watching!
PROFIT AND LOSS ACCOUNT IN MALAYALAM (ലാഭ നഷ്ട്ട കണക്ക്  -  അർത്ഥവും  വിശതീകരണവും)
 
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DETAILED DESCRIPTION OF PROFIT AND LOSS ACCOUNT WITH PRACTICAL EXPLANATIONS IN MALAYALAM
Views: 7521 CA BINOMON KURIAKOSE
What are Formats of Trading A/c | Final Accounts | CA CPT | CS & CMA Foundation | Class 11 | Class12
 
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What are Formats of Trading A/c, 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: 11324 Mera Skill
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: 78003 The Commerce Tutor
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: 885 Learning sessions
Profit and loss account
 
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Profit and loss account of sole trader
Views: 40372 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
Final Account : Trading Account, Profit and Loss Account, Balance Sheet
 
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Join online Accounts classes +91-9818327668 For 10+1, 10+2 for CBSE, ICSE, IGCSE, IB Curriculum For B.com, BBA For Financial Accounting, Cost Accounting, Financial management
Trading Profit and Loss Account Final Accounts Lecture  2
 
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Jagrat Creation Presents This Video lecture on Accounting for Financial Statements or final Accounts Which Includes sum wherein Trading Account account and Profit & Loss account for the Year Ending on 31-3-2017 are prepared in T Form from given information and adjustment entries for it are explained . This video is useful for students reading for Accounting for Financial Statements in Class-11-Accountancy or in Std.11 Higher Secondary Board. Stay Tune For Next Accountancy Video on Accounting for Final Accounts.
Views: 505 Jagrat Creation
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: 8872 M S Speaks
What are Closing Stock | Final Accounts | CA CPT | CS & CMA Foundation | Class 11 | Class 12
 
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What are Closing Stock, 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: 25926 Mera Skill
PROFIT & LOSS APPROPRIATION ACCOUNT
 
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Book Name : ULTIMATE BOOK OF ACCOUNTANCY CLASS 12 Author : Mr. Vinod Kumar
Views: 32032 Sunil Jain
1194. Profit and Loss Appropriation Account
 
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Visit our website www.arinjayacademy.com for Hindi,  Maths, Accounts, CA Final International Tax, Direct Tax at following links  Hindi Class 6 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-हिंदी-व्याकरण-class-6/ Hindi Class 7 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-7/  Hindi Class 8 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-8/ Hindi Class 9 and Class 10 Notes, click -  https://www.arinjayacademy.com/hindi-vyakaran-class-10/ Maths Class 3 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-3/ Maths Class 4 Notes, click -  https://www.arinjayacademy.com/maths-class-4/ Maths Class 5 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-5/  Maths Class 6 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-6/  Maths Class 7 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-7/  Maths Class 8 Notes, click -  https://www.arinjayacademy.com/practice-maths-grade-8/ Accounts Class 11 Notes, click - https://www.arinjayacademy.com/accounts_class-xi/ Accounts Class 12 Notes, click  -  https://www.arinjayacademy.com/accountancy-class-12/  CA Final International Tax Notes, click -  https://www.arinjayacademy.com/ca-final-elective-paper-6c-international-tax/ Transfer Pricing Notes, click -  https://www.arinjayacademy.com/transfer-pricing/ International Tax Article by Article Notes, Click -  https://www.arinjayacademy.com/international-tax-interpreting-tax-treaty/ Download Arinjay Academy app at : - https://play.google.com/store/apps/details?id=com.arinjayacademy You can access our content at https://www.arinjayacademy.com/learn Practice Accounts Exercise Class XII at - https://www.arinjayacademy.com/learn/Accounts-Class-XII?tab=3 Practice Maths Exercise Class VI at - https://www.arinjayacademy.com/learn/MathsClassVI?tab=3 Practice Maths Exercise Class VII at - https://www.arinjayacademy.com/learn/Maths--Class---7-?tab=3 Practice Hindi Exercise Class VI at - https://www.arinjayacademy.com/learn/Hindi---Class-6--?tab=3 Practice Economics Exercise Class XII at - https://www.arinjayacademy.com/learn/Economics---Class-12?tab=3
Views: 22280 Arinjay Academy
Treatment of Accrued Income Profit & Loss Account | Final Accounts | CA CPT | CS & CMA | Class 11
 
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Treatment of Accrued Income Profit & Loss 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: 7672 Mera Skill
Profit and loss Statement(HINDI) capitalize.online
 
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FREE Stock Market Course for Beginners capitalize.online
Views: 10629 yatindra ranade
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: 20942 Mera Skill
How to Prepare Trading Profit and Loss Account and Balance Sheet with Adjustments.
 
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THIS VIDEO EXPLAINS PREPARATION OF PROFIT & LOSS A/C AND BALANCE SHEET WHEN ADJUSTMENTS OUTSIDE THE TRIAL BALANCE ARE GIVEN.
Views: 47962 JBS CLASSES
Introduction to the Income Statement
 
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The income statement is the financial account that explains the trading performance of a business in terms of the achieved profit or loss. The basic structure of an income statement is explained and illustrated in this short revision video.
Views: 21358 tutor2u
What are Abnormal Loss | Final Accounts | CA CPT | CS & CMA Foundation | Class 11 | Class 12
 
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What are Abnormal Loss, 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: 10106 Mera Skill
Final Accounts without Adjustment- 1 of 5 by Vijay Adarsh | Accounts Tutorial | HINDI | हिंदी)
 
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Financial Statements – Financial Statements refers to such statements which report the probability and the financial position of the business at the end of accounting period. Financial Statements includes 1) Income Statement - Trading Account - Profit and Loss Account 2) Statement of Financial Position - Balance Sheet These two financial statements are termed as “Final Accounts” After completing this Video Lecture, you will able to understand 1) Meaning of Financial Statements 2) What is Trading Account 3) What is Profit and Loss Account 4) How Trading and Profit & Loss Account is prepared 5) How to calculate missing figures - Gross Profit - Cost of Good Sold - Closing Stock - Opening Stock - Net Sale - Net Purchase - Adjusted Purchase About Vijay Adarsh: Vijay Adarsh (CEO and Director of StayLearning) is a Successful Teacher and Famous Coach. He is the most enthusiastic, dynamic, informative and result oriented coach. He is a commerce graduate from Delhi University. After completing B.com (Hons), he completed his post-graduation and now pursuing PhD. He started teaching students of and motivating people at the age of 17 and possesses a vast experience of teaching more than 45,000 hrs. He has simplified subjects and made it very interesting, Learning with Fun and Easy for the students. His easy class notes, beautiful animated & graphic presentations are popular among the students. He is popular among the student community for possessing the excellent ability to communicate the concepts in analytical and graphical way. He has conducted many seminars & workshops on various topics for Students, Teachers, Schools, Businessman, Housewife, Income Tax Offices, Doctors, CA's and Corporate Houses. He is also the author of several Books, e-Books, Motivational Articles & Stories Books and Launched many Audio & Video Programs. About Video Lectures: Video Lectures for Financial Accounting by Vijay Adarsh evolved as utility services for our own students. We had thought that recorded lecture would be an excellent reinforcement tool for the students and it proved to be exactly that. We have video lectures for Class 11th, 12th, B.Com (H/P), M.Com, MBA examination. These are our classroom lectures which form a very good source of study material. Now we also have special set of video lectures which are specially prepared to suit the need for the board students. The Lectures Covers in full depth, the description of all the involved concepts. Studying through lectures largely reduces the need of individual tuition. Lectures can be use at a pace which suits us. Students can pause and rewind the lectures according to their need. Complete practice tests and solutions of every topic would also be provided. Website: http://www.vijayadarsh.com Join us on Facebook: https://www.facebook.com/VijayAdarshIndia Join us on Google+: https://plus.google.com/u/0/+VIJAYADARSH E-mail: [email protected] Contact: +91 9268373738 (Buy Now Video Lectures)
Views: 99665 StayLearning
Income Statement Explained: Comprehensive Income Statement Tutorial - Profit & Loss Statement
 
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Income Statement Explained: Comprehensive Income Statement Tutorial - Profit & Loss Statement The Income Statement (aka Profit & Loss Statement) is one of the 4 Main Financial Statements. The income statement is one of the primary outputs of a financial accounting system. The four major financial accounting reports are: 1) Income Statement 2) Balance Sheet 3) Cash Flow Statement 4) Statement of Changes in Equity The income statement is a performance report. The income statement measures the performance of a business over a set time period based on its ability to earn profits over that set period. While a balance sheet (another key financial statement) shows a snapshot 'picture' in time, e.g. 21-Nov-2014, the income statement more closely resembles a ‘video’ as it measures performance over a set time period, e.g. 1-Jan-16 through 31-Dec-16. Note: the period need not be a year, it may be a month, quarter, half-year, etc. How does it measure performance over set period? In short: It tells you whether you made a Profit (Net Income) over the accounting period. It tells you whether your Revenue was higher than your Expenses. That is, Revenue - Expenses = Net Income (aka Profit) Specifically, it aggregates all sales and service revenue over the set period to create an Revenue (or income) figure. Then it lists all the major expenses throughout the same period and groups them into easily understood accounts, e.g. admin expenses, marketing expenses, etc. We then subtract the total expenses figure from the total revenue figure and what is remaining is that period’s ‘net income’ (if the figure is positive) or ‘net loss’ (if the figure is negative). Ideally a business wants to have net income. The benefits of income statement analysis are driven from how each line item, these being ‘accounts’ or sub-totals, shown in the income statement is used for further enquiry or action. For instance, you can analyse the ratio of net income to revenue to work out the profit margin, or you can analyse expenses over a number of income statements and see how expenses are growing or shrinking and make assumptions about management’s cost control. You may have just noticed how I mentioned that line items might be sub-totals (and not expense or income accounts). This is important to grasp as these sub-totals are also used for analysis. The idea is that the income statement is simply not just three lines: (1) revenue (2) expenses (3) net income. Instead the income statement has a number of sub-totals throughout (although they can change depending on the format of the document). This common income statement breakdown is called a 'Multi-Step' Income Statement. Now depending on the type and size of business, you may find all the following 'steps' in this common format: First you start with Revenue, then go to Gross Profit, then Operating Profit, followed by Income Before Tax before you reach what is termed "The Line", which is Income from Continuing Operations. And after some final adjustments after 'The Line', you will end up at Net Income, aka 'The Bottom Line'. If you have read this far, thanks(!), the simplest formula of the Income Statement is just: Revenue - Expenses = Net Income. And remember, the Income Statement, itself, has a variety of different names. You may hear the Income Statement being called the Profit and Loss Statement or the Statement of Operations, or the Statement of Earnings, or the Statement of Profit and Loss, or (as I was first taught) the Statement of Financial Performance. JUST REMEMBER: they are all the SAME document, they all refer to the same type of Income Statement document. It just a confusing quirk that often depends on where the business is located, how large and complex the business is or how old the statement was, i.e the name has often been changed by the Accounting Standard organisations in a short period of time. Finally, you may ask why this report is even produced? No, it's not just as an academic exercise or so we can give the statement to somebody who requests it. The Income Statement, like the others, allows external investors, creditors, employees, governments and other stakeholders a window inside the organisation. They can get a view of the company that may otherwise be limited to management or other internal stakeholders. With this view: * They can make better economic decisions(!) For example, should I invest in, or lend to, this company? How much should I tax this company? What wage demands should we make? How is this company performing in comparison to my own? Etc. KEYWORDS: Income Statement, Profit & Loss Statement, Financial Statements, Financial Reporting, Accounting, Finance --------------------- This video was brought to you by accofina. Social Networking & Contact: 1) Website http://www.accofina.com 2) Facebook http://www.facebook.com/accofinaDotCom 3) Twitter http://www.twitter.com/accofina 4) Google+ http://plus.google.com/+accofina
Views: 104958 AccoFina
Balance Sheet and Profit and Loss Account in Tally
 
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Learn everything about Balance Sheet and Profit and Loss Account in Tally. There is even a vertical balance sheet and profit and loss account in Tally as per the Indian Law. The best thing is you DON'T have to prepare Balance Sheet and Profit and Loss Account. Tally prepares that automatically for you. It is very awesome and interesting too. Links: Creating Sales and Purchase Vouchers in Tally- http://www.tallyschool.com/create-sales-and-purchase-vouchers-in-tally/ Creating Debit and Credit Notes in Tally - http://www.tallyschool.com/create-debit-and-credit-note-in-tally/
Views: 36644 TallySchool
What is Manufacturing, Trading and P& L | Final Accounts | CA CPT | CS & CMA | Class 11 | Class 12
 
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What is Manufacturing, Trading and P& L, 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: 13196 Mera Skill
The Trading and Profit and Loss Account and the Balance Sheet
 
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The Trading and Profit and Loss Account and the Balance Sheet
Profit and loss account with adjustment
 
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Profit and loss account of sole trader 3
Views: 10473 Husain Academy
Trading and profit and Loss account
 
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Trading and profit and Loss account Easy to understand
Views: 107 Jagadish Garina
Treatment of Income received in Advance Profit & Loss Account | Final Accounts | CA CPT | CS & CMA
 
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Treatment of Income received in Advance Profit & Loss 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/
Views: 4605 Mera Skill
Balance Sheet in tally
 
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Balance Sheet in Marathi Marathi madhe balance sheet
Views: 14283 Study in Education
#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: 144861 CA. Naresh Aggarwal
Learn P&L Appropriation Account | Profit & Loss Appropriation | CA CPT | CS & CMA Foundation
 
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Learn P&L Appropriation Account, Learn Partnership Accounts for Free. We have covered Introduction to Partnership, Profit & Loss Appropriation Accounts, Profit Sharing Ratio and Goodwill Calculation. For Details Visit http://www.meraskill.com/ca-cpt/accounts/partnership-introduction-psr-goodwill 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: 24356 Mera Skill
Profit and Loss Statements | Phil Town
 
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One of the best pieces of information on measuring the performance of a company is the profit and loss statements. This is a great line item to watch out for when it comes to evaluating a company that you are thinking about investing in. http://bit.ly/100kr1giveaway In this video I'll talk about P&L statements and how to figure out what they mean, good or bad, for your investments. I'm hosting a 100k Subscriber giveaway for the next few weeks, click here to signup, click the link above (North America Only)! Get free access to my investing calculator here: http://bit.ly/2A64e4A Looking to master investing? Attend one of my FREE 3-Day Transformational Investing Workshops. Apply here http://bit.ly/r1workshop _ Learn more: Subscribe to my channel for free stuff, tips and more! YouTube: http://budurl.com/kacp Facebook: https://www.facebook.com/rule1investing Twitter: https://twitter.com/Rule1_Investing Google+: + PhilTownRule1Investing Pinterest: http://www.pinterest.com/rule1investing LinkedIn: https://www.linkedin.com/company/rule-1-investing Blog: http://bit.ly/1YdqVXI Podcast: http://bit.ly/1KYuWb4 financial statements, how to invest, learn to invest, investing 101, how to read a balance sheet,