Opening stock:- 5000 Sales:-16000- sales return:-1000= 15000 Gross profit:-6000 Carriage inward ( direct expenses) :- 1000 Purchase:- 10000- purchase return:-900=9100 Find:- cost of goods sold and closing stock COGS = sales - gross profit 15000-6000=9000 Ans. COGS=opening stock+ net purchase+ direct expenses - closing stock 9000=5000+9100+1000-C.S. 9000=15100-C.S. C.S=15100-9000 Closing stock= 6100. Ans. Thanku so much sir thanku so much aitna acha samjhane ke liye 😊😊😊😊😊😊
Trading A/C Dr cr Part. ₹ part. ₹ To op st 5000 By sales 16k To purch.10k -Ret 1k-15k -Ret. 900-9100 *By cl st -6100 To carg inw 1k To GP 6k Total- 21,100 21,100 *COGS=o/s+N/p+D/E-c/s =5000+9100+1000-6100 =9000 👍
@@rodex00hero41 sales- Gross profit = cost of good sold From these formulas we can get cost of good sold And then apply cost of good sold and through this formula we can get closing stock
@@rodex00hero41 Gross profit=net sales -cogs By this formula,6000=15000-COGS SO Cost of goods sold=9000 Now for finding closing stock use formula COGS=Opening stock+net purchase+expense-closing stock 9000=5000+9100+1000-Closing stock By this Closing stock=6100
This video is the third part of final accounts and the last video has been uploaded 3 days back. Rajat sir teaches 11th and 12th bst, accounts and economics mainly and I was from arts background. I used to study economics from him and had no idea that I would ever be able to again study from him via TH-cam. But Now I have opted for BBA LLB and have no idea about what is ACCOUNTING and really screwed up with it. But look, here am i preparing for my university exams from these videos. Hats off sir. 🤌 You're a gem teacher making life easy.
U should have opted for ba llb lol ( ps even if u r thinking of being a corporate lawyer choosing ba won't affect you in any bad way neither choosing bba will benifit you )
Hw ques 👍 COGS=Net sales - Gross profit =15,000 - 6,000 = 9,000 Closing stock = 15,100 - 9,000 = 6,100 Thank you so much sir my accounts is really improving now that's all because of you ✨ 💫 💐keep teaching us ⭐
@@tanuja1966 first apply in cogs = net sales - Gp = 15000 - 6000= 9000 And then change this formula cogs = o\s + N.purchases + d\e -c\s into c\s = o\s +n.p+d\e -cogs Solve this ~ c\s = 5000 +9100 + 1000-9000 =6100 First find cogs
Cost of goods sold in the last question will be Rs9000 (Net Sales - Gross Profit) Or, (Opening stock+ Net Purchases +Direct Expenses - Closing Stock) And Closing stock= (opening stock+ Net Purchases +direct expenses + Gross Profit - net sales) = (21100 - 15000) = 6100
Bhai same to same jo upar Maine mention Kiya hai bracket me. Aise agar nahi samjh aa raha to ek baar iss question ka trading account pura draw kar lo copy me easily clear ho jayega....
Sir, I am practising a lot from your videos and thankyou so much for that.Well the Answer of the Home work question is..... COGS= 9000 CLOSING STOCK= 6100.
My exams are starting from 27 february. So please upload some important questions for full accounts syllabus . And i really like ur videos, they are really informative. Thank you. ❤
Sir , Home Work COGS = Net Sales - G/P So , 15,000 - 6,000 = 9,000 Ans. And Closing Stock = O/S + Net Purchase + Direct Exp. - COGS So , 5,000 + 1,000 + 9,100 - 9,000 = 6,100 Ans.
Hi juniors. I'm from batch 2022-23. I just want to tell u all that if u are following his guidance with honesty and hardwork, believe me you will achieve grt marks. I'm pursuing bcom honours still here to watch his videos for semester 1 syllabus ❤
For people wondering about the answer to last question COGS - 9000 ( COGS : NET SALES - GROSS PROFIT. 15000- 6000 =9000 ) and closing stock is 6100 (COGS : OPENING STOCK+ NET PURCHASES + DIRECT EXPENSES - CLOSING STOCK 9000: 5000+9100+1000 +X(let closing stock be x) X : 5000+9100+100-9000 X: 15100-9000 X: 6100 )
To opening stock=5000 To purchases=10000 -purchase return=900=9100 To carriage inward=1000 Gross profit=6000 Total=21100 Cr. Side By sales=16000 -sales return=1000=15000 21100-16000 =6100 closing stock And Cost of goods sold formula=opening stock+net purchases+direct expenses-closing stock =5000+9100+1000-6100 =9000 C. O. G. S😍
You are great sir 🙏 Please start college level lectures also.... after 12th it's really very difficult for us to study.... your lectures are really very helpful sir... please start college level lectures also... it's a humble request 🙏🙏
Sir sorry for this comment because you have a little bit mistake in 2 question where the addition of 32000+280000+20000+50000 = 382000 which is COGS , in subtraction 392000 - 382000 = 10000 which G. P. Thank you so much sir for this hardwork we all appreciate it thank you so much 💙
namaste sir...sir tax paid profit & loss a/c me aata hai kya.....and p&l me jo net profit aata hai wo net profit before tax hota hai ya net profit after tax hota hai?
13:35 i had a doubt y are we taking 3/4 of the total cogs i think we should take the 3/4 of only the net purchases as the wages and the cariage inward was the cost of selling the 3/4 th of the stock not the whole stock
Opening stock:- 5000
Sales:-16000- sales return:-1000= 15000
Gross profit:-6000
Carriage inward ( direct expenses) :- 1000
Purchase:- 10000- purchase return:-900=9100
Find:- cost of goods sold and closing stock
COGS = sales - gross profit
15000-6000=9000 Ans.
COGS=opening stock+ net purchase+ direct expenses - closing stock
9000=5000+9100+1000-C.S.
9000=15100-C.S.
C.S=15100-9000
Closing stock= 6100. Ans.
Thanku so much sir thanku so much aitna acha samjhane ke liye 😊😊😊😊😊😊
Nice brother💟
Mein answer hi dhoondh rha tha bhai... tally karne ke liye ki sahi kiya h ki nhi... thnx
mera bhi same answer aya 👍👍
Same Answer 👍
Thank you for solution too
H/w,
COGS = Net Sales - Gross Profit
= 15,000 - 6000 = ₹9000 Ans..
COGS = O/S + Net Purchases + Direct Expenses - Closing Stock
9000 = 5000 + 9100 + 1000 - C/S
9000 = 15,100 - C/S
Closing Stock = 15100 - 9000 = ₹6,100 Ans..
Ans is, COGS = ₹ 9,000
C/S = ₹ 6,100
Thank u bro pura solve karne ke liye mere mein 200 kam pad rahe the mis ho raha tha kahi mera thank u ✨💯
Thank you bro ❤️
@@ANISH_FX glad it was helpful bro
@@anantverma4274 your welcome🖤
Thanks bhai c/s nhi find kr pa rha tha
May all viewers get 95 % + in 2022_2023
I need 95+ 😭😭
Me too😔
Thank you 😁
My man 🐐🫡
Thanks brother
COGS = 9,000
Closing Stock = 6,100
Sir, this is the answer of your given homework.♥️
Mera nhi aaya😭
Can u please send me a full solution.
Me too ritesh ji
Trading A/C
Dr cr
Part. ₹ part. ₹
To op st 5000 By sales 16k
To purch.10k -Ret 1k-15k
-Ret. 900-9100 *By cl st -6100
To carg inw 1k
To GP 6k
Total- 21,100 21,100
*COGS=o/s+N/p+D/E-c/s
=5000+9100+1000-6100
=9000
👍
@@rodex00hero41 sales- Gross profit = cost of good sold
From these formulas we can get cost of good sold
And then apply cost of good sold and through this formula we can get closing stock
@@rodex00hero41 Gross profit=net sales -cogs
By this formula,6000=15000-COGS
SO Cost of goods sold=9000
Now for finding closing stock use formula
COGS=Opening stock+net purchase+expense-closing stock
9000=5000+9100+1000-Closing stock
By this Closing stock=6100
Best teacher for entire commerce stream students.
Keep supporting us 🙏
commerce wallah ko na bhulo mann ho to mera pakad ke jhulo
Apne bap ko bol raha hai nalayak....
This video is the third part of final accounts and the last video has been uploaded 3 days back. Rajat sir teaches 11th and 12th bst, accounts and economics mainly and I was from arts background. I used to study economics from him and had no idea that I would ever be able to again study from him via TH-cam.
But
Now I have opted for BBA LLB and have no idea about what is ACCOUNTING and really screwed up with it.
But look, here am i
preparing for my university exams from these videos. Hats off sir. 🤌
You're a gem teacher making life easy.
This is underrated comment
U should have opted for ba llb lol ( ps even if u r thinking of being a corporate lawyer choosing ba won't affect you in any bad way neither choosing bba will benifit you )
Tomorrow is my Accounts exam and I'm Practising a lot seeing your videos.Thankyou so much sir for great explaination!❤️
How was your exam
🥲mine is tomorrow
@@halalRIzz Not so bad I would've done better,the paper was lengthy 🥲
Hw ques 👍
COGS=Net sales - Gross profit
=15,000 - 6,000
= 9,000
Closing stock = 15,100 - 9,000
= 6,100
Thank you so much sir my accounts is really improving now that's all because of you ✨ 💫 💐keep teaching us ⭐
15,100 answer kaisa arra
@@CuteHeart-up7fucogs ko add Kiya
Opening stock + net purchased + direct expenses ( carriage inward ) - closing stock
Sir you are the best teacher of commerce on you tube. Really appreciate your efforts sir👍👍
Sir
Closing stock =6100
Cogs=9000
(Home work)
Sir please also upload entrepreneurship videos🎥
How can you explain?
@@tanuja1966 what I have to explain
@@tanuja1966 first apply in cogs = net sales - Gp = 15000 - 6000= 9000
And then change this formula cogs = o\s + N.purchases + d\e -c\s into c\s = o\s +n.p+d\e -cogs
Solve this ~ c\s = 5000 +9100 + 1000-9000 =6100
First find cogs
So easy yar 😊
closing stock 5100 hona chahie na
Bestest teacher of commerce I want this type of teacher in schools also. 💗
Bestest!!?
@@Charlie0o0 bro made super superlative degree 😅😅
Parag sir for detailed explanations .❤️
And rajat sir for revision few days before exam.❤️
They both are assets for commerce students...
COGS= 9000
Closing stock= 6100 .
Thank You sir for easy explanation 🤍👍🏻
Questions 4.)
Ans. COGS (Cost of goods sold) =9,000. &. C/S (Closing stock)=6,100.
Cogs is 8000
@@kingpurohit999 bro nahi 9000 hai
Bhai log mera closing stock 5100 Aya hai aur cogs 10000
@@badalchoudhary1318 sorry bro you are wrong
Bhai kaise solve kiye ho
14:30 HW.
Cost of Goods Sold:-
= Net Sales - Gross Profit
= Rs. 15,000 - Rs. 6,000
= Rs. 9,000.
Closing Stock:-
= Opening Stock + Net Purchase + Carriage Inwards - Cost of Goods Sold
= Rs. 5,000 + Rs. 9,100 + Rs. 1,000 - Rs. 9,000
= Rs. 6,100
Cost of goods sold in the last question will be Rs9000 (Net Sales - Gross Profit)
Or,
(Opening stock+ Net Purchases +Direct Expenses - Closing Stock)
And Closing stock= (opening stock+ Net Purchases +direct expenses + Gross Profit - net sales) = (21100 - 15000) = 6100
Same here
Same but diff formulae
Bhai same to same jo upar Maine mention Kiya hai bracket me.
Aise agar nahi samjh aa raha to ek baar iss question ka trading account pura draw kar lo copy me easily clear ho jayega....
@@janviarora767 Tum sir ki bathiji toh ni ho 😂
@@suyashsoni9740 🤣🤣🤣
+1
Cost of good sold =9000
Closing stock =6,100
Same bro
Bhai closing stock kase nikal liya wo samjh me nahi aya..
Cgs=net sales -gross profit
Cgs=15000-6000
Cgs =9000
Ae tou hogya iske batt
@@blazezenos4069 Cogs = o/s + net purchases + direct expenses -c/s
To calculate C/S = o/s + net purchases + direct expenses - cogs
= 5000 + 9100 + 1000 - 9000
= 15,100 - 9,000
=6,100 Ans. (Closing Stock)
@@Vanshika.. tnx bro mujhe v samajh nhi aara tha but aab samajh aagaya. 💓
Last question (cost of goods sold = 9000)
Closing stock = 6100
Bro closing stock kaise nikal
@@theartaddda4699 SALES - GP
Costs of goods sold 9000
Closing stock 6100
Sir this is the answer of your given homework ♥️
Sir, I am practising a lot from your videos and thankyou so much for that.Well the Answer of the Home work question is.....
COGS= 9000
CLOSING STOCK= 6100.
Sir you are the best teacher in commercial world 🙏🥰🤘🤙🥰😇 thanku sir
sir homework ques.
ANSWERS
COGS=9,000
closing stock=6,100
Thank you so much for this video sir 🥰
Mera bhi same Aya Bhai
Commerce king in the world 🌎 rajat arora sir❤
Yes 👍
Cogs= net sale - gross profit
Cogs= 15000- 6000
Cogs=9000.......❤❤
Closing stock = opening stock + net purchase + direct expense - cogs
5000+ 9100+ 1000- 9000
Closing stock = 6100....❤❤❤
Best teacher in the commerce ❤❤❤❤❤❤❤
My exams are starting from 27 february. So please upload some important questions for full accounts syllabus .
And i really like ur videos, they are really informative. Thank you. ❤
Heyy
Sir , Home Work
COGS = Net Sales - G/P
So , 15,000 - 6,000
= 9,000 Ans.
And Closing Stock = O/S + Net Purchase + Direct Exp. - COGS
So , 5,000 + 1,000 + 9,100 - 9,000
= 6,100 Ans.
Hi juniors.
I'm from batch 2022-23.
I just want to tell u all that if u are following his guidance with honesty and hardwork, believe me you will achieve grt marks. I'm pursuing bcom honours still here to watch his videos for semester 1 syllabus ❤
Me too...
COGS = net sales - gross profit
15000 - 6000
COGS = 9000.
COGS = opening stock + net purchase + direct expenses - closing stock
9000 = 5000 + 9100 + 1000 - closing stock.
9000 = 15100 - closing stock
9000 - 15100 = closing stock
Closing stock = 6100
HOME WORK - closing stock =6100
cogs - 9000 . THANKS FOR THE AMAZING SESSION SIR 🥰🥰😇
NICE..SAME HERE
👍
hello sir, i m manisha from canada and i m started to learn account from your you tube video.. and i m learn lot of from you so thank you so much sir
Sir please upload more videos for this chapter soon.... Thanku sir for the best content and explanation 👏🙏
Kass mujme bi itne padhne ki garmi hoti 🙂
Sir apki videos ne bht faida dia tnx. Regards from 🇵🇰
Cogs= 9000 , closing stock = 6100 ❤️❤️
Sir finally I got the ans 🤧 thnqq soo much sir for ur wonderful teaching & ur helpful videos ❤️❤️❤️
How??
Sir
cogs ka answer. 9000
Closing stock .. 6100..
😊😊
H/w
Cost of goods sold= 9,000
Closing stock= 6,100
correct
Cost of good sold =5000+1000+9100-6100.
=9000👍🏻👍🏻done sirrr
For people wondering about the answer to last question COGS - 9000
( COGS : NET SALES - GROSS PROFIT.
15000- 6000 =9000 )
and closing stock is 6100
(COGS : OPENING STOCK+ NET PURCHASES + DIRECT EXPENSES - CLOSING STOCK
9000: 5000+9100+1000 +X(let closing stock be x)
X : 5000+9100+100-9000
X: 15100-9000
X: 6100 )
Answer is right but no need for taking x we are doing Accounts and maths 😂😂
Answer is right 💯
Closing stock = Gross profit (the profit which is given in the question) - Actual profit (net sales - COGS)
To opening stock=5000
To purchases=10000
-purchase return=900=9100
To carriage inward=1000
Gross profit=6000
Total=21100
Cr. Side
By sales=16000
-sales return=1000=15000
21100-16000
=6100 closing stock
And
Cost of goods sold formula=opening stock+net purchases+direct expenses-closing stock
=5000+9100+1000-6100
=9000 C. O. G. S😍
Same
C/s =5100 aayegA
Closing stock = Opening stock +net purchases +direct expenses +gross profit --net sales..
=5000+9100+1000+6000--15000
=6100
COGS 9000 and closing stock 6100 👍👍
Bro solution de do
Gross Profit=Net Sales - Cost of Goods Sold
6000=Rs. 15000-COGS
COGS=Rs. 15000-6000
=Rs. 9000
Therefore, COGS=Opening Stock +Net Purchases+Direct Expense - Closing Stock
9000=5000+9100+1000 - Closing Stock
9000=5000+10100 - Closing Stock
Closing Stock =Rs. 15100-9000
=Rs. 6100
Closing stock =( opening stock + net purchase +carriage inward +gross profit - net sales )
5000 + 9100+1000+6000-15000
= 6100
C.O.G.S = opening stock + net purchase + direct experiences - closing stock
5000+9100+1000-6100
=9000
COGS=net sales - gross profit= 15000-6000=9000 ...then COGS = os +purchase - purchase return+ carriage inward - cs = 6,100 ans
Sir please start BBA course on your channel🥺.
sir you are best teacher of the world
You are great sir 🙏
Please start college level lectures also.... after 12th it's really very difficult for us to study.... your lectures are really very helpful sir... please start college level lectures also... it's a humble request 🙏🙏
Sir please reply 🙏
@@soumyathakur5650 ye nahi ho sakta ha
Yes, sir please start College level lecture...
It's also my humble request 💓
@@areyouhungryfunpage2.051 Why?
Sir congratulation for 20M🎉
Cost of goods sold=9000
Closing stock=6100
Cost of goods sold = 9000
Closing stock= 6100
Solution= C.O.G.S= net sales - gross profit = 15000-6000=9000.
Batch 2023-2024 attendance🙋♂️🙋♀️
Sir please Mera exam 🙏 h. .... mujhe apka hi teaching samjh aata h
All the best for your Tomorrow accountancy exam 👍
Teri mummy ko chodunga accounts hota madharchomd
Bhaiyya apke video keliye hi wait kar raha tha . Also humlogo ka exam Feb ke 2nd week se start hoga ......
Abhi kon dekha rah hai 2024 mai October 😊.mai
sir,Closing stock=6100
Cost of goods sold =9000
Same bro....🥺❤️
Same here broo
Sir closing stock value is 6,100
And cogs is 9k
You are the best teacher in commerce stream👍👍
First comment kiya
Like to milega na meri jaan🙂
Thankkkk youu sir❤❤❤❤love you so much❤❤❤❤❤❤❤❤❤❤❤❤❤❤
Thank you so much sir ❣️😚.
You are really helping us..
Please upload new videos of this chapter and next chapter as soon as possible.. please sir😊😊😊
Your videos speechless 😶😶
Sir exam data 3 March se hai
I am happy that i got teacher like u sir
🤑🤑 Nice Explanations of Accounts and Economics
Best sir of education 👍👊👌🙏🏻
Us formula ke hisab se opening stock toh minus kia tha matlab hume likhna tha ??
Sir sorry for this comment because you have a little bit mistake in 2 question where the addition of 32000+280000+20000+50000 = 382000 which is COGS , in subtraction 392000 - 382000 = 10000 which G. P. Thank you so much sir for this hardwork we all appreciate it thank you so much 💙
Bhai 50000 minus karna h yrr
brother 50000 minus karo
Sir maa kasam aapse acha koi nhi padhata 😭🤍
Sir you are the best teacher in commercial world ❣️❤️❣️❤️❣️
COGS = 9,000 and C.S. =6,100 thanks a lot for this video sir ❤
Sir,
Closing stock 6100
Cost of good sold 9000
Thanks sir 🙏
The full solution is
Cogs = net sales - gross profit
Cogs = 15000 -6000
Cogs = 9000
Cogs = opening stock + net purchases + direct expenses - closing stock
9000 = 5000 + 9100 + 1000 - closing stock
9000 = 5000 +10100 - closing stock
Closing stock = 15100 - 9000
Closing stock = 6100
Gross profit=Net sales-COGS
6000=15000-COGS
COGS=9000
COGS=Opening stock+Net purchases+direct expenses-Closing stock
9000=5000+9100+1000-Closing stock
Closing stock=15100-9000
Closing stock=6100
Thank you for solving and present everything it helped a lot 🙏🏻
Please clear my doubt
U have said that where the inward comes it comes in dr side
So why u have written it in cr side
namaste sir...sir tax paid profit & loss a/c me aata hai kya.....and p&l me jo net profit aata hai wo net profit before tax hota hai ya net profit after tax hota hai?
Need vid on redemption of debentures sir
Ans of home work is cogs is 9000 and c/s is 6100👌
14:50
cost of goods sold = 9000
closing stock = 5100
correct hai kya?
Broo closing stock 6100
Cogs thik h
13:35 i had a doubt
y are we taking 3/4 of the total cogs i think we should take the 3/4 of only the net purchases as the wages and the cariage inward was the cost of selling the 3/4 th of the stock not the whole stock
Sir first question why didnt you take closing stock on credit side??????????????? Plss tell
Rajat bhai ki Jhalak hai Sabse Alag
closing stock=opening stock+net purchase+direct expense_COGS ak ya formula or COGS=net sale-gross profit ya formula use kiya hn sahii hai answer sir
Sir apka parhi me hum itna kho jata hu ki like karna hi bhul jata hu😆🤣
Sir my answer is comming ....closing stock =6100....and COGS = 9000
you are a gem of a person sir❤ thanks a lot for the teachings
aap bhi commerce student hou kya
Nice video guru ji thanks 🥰😊🙏🏻
Thank you 💐🌹 Sir Aur Adjustments ke baare me bataoo na
Mainly explain about the types of bad debts
Sir please make a video on how to score high in business studies or how to write answers of business studies
Love you ❤️ sir biggest thanks
Homework:-
COGS- 9000
Closing stock- 6100
Sir,
Cost of good sold = 9000
Closing stock = 6100
Home work
sir hmare finals 10 feb. se h to plz... hath jaod kr viniti hai is chapter ko is week complete kra dijie sir you are a king.......
🥳Congratulations sir you have completed 2 million today on ➡ 06/03/2023 ✨
Waiting for your more helpful video
Hii 🙂
Aapke head pr kuch lga h
Adjusted purchase = opening stock + net purchase - closing stock
sir ye pura paper mai dikhana jaruri h ya frr khali last m gp ka formula lagaye
Sir my pre-board exams starts on 13 February please sir start finals statement with adjustment
Sir,question me only discount diya hoto dr me jayega ya cr me
Can anyone tell that he has made with adjustments not of 1 year back now has he make the video ?