18:50 Homework PP - 12 & OC - 13 Current Liability PP - 11 & OC - 8 Current Liability PP - 16 & OC - 14 Non-Current Liability PP - 15 & OC - 18 Current Liability Hope I am correct 💯 Edit:- 1. Operating Cycle is the period which starts with the first stage of production and ends when the final good is sold. Ex:- If a businessman manufactures shirts so it's operating cycle starts with purchase of cotton cloth and ends when he made shirt out of it suppose it takes him 3 months to do it, so operating cycle is 3 months. Suppose another business manufactures a car which takes 13 months to make, so operating cycle will be of 13 months. 2. First you see if payment period is less than 12 months then it is CL, no matter what it's operating cycle. 3. If payment period is more than 12 months, then check operating cycle. If the PP>OC then it is NCL and if the PP
I used to watch this channel when I was in my 11 th and 12th (2020-2021) …..Currently I m a CA INTER student ….was worried about my chapter of financial statements….i can surely say that Rajat sir is the best commerce teacher….THANKYOU SIR
how the 3rd one in non current it should be current because as you see 3rd and 4th both are more then 12 in pp and oc both so how the answer shoud be different they both should be either cl or ncl
how the 3rd one in non current it should be current because as you see 3rd and 4th both are more then 12 in pp and oc both so how the answer shoud be different they both should be either cl or ncl
18:56 (HOMEWORK) i-Current liability(Within 12 months) ii- Current liability (within 12 months) iii- Non current liability (because not come within 12 months and operating cycle) iv- Current liability (because coming in operating cycle).....
Sir according to companies act 2013 in the balance sheet few terms have been replaced Fixed asset with property plant and equipment and intangible assets. Tangible assets by property plant and equipment.
I was up at 9 am got freshen up and now ready to follow your schedule thank you sir for always being there for us we'll always be grateful to you and your hard work 🥺🤝🤗
Sir , For non current assets it can be 🐬 D - Deffered tax Assets O - Other non current Assets L - Long term loans/Advances Fi - Fixed Assets N - Non current Investments
@@jayshreekrishna664 kyuki payment period 16 months ka hain jo 12 months me nahi aata( first condition) aur operating cycle me bhi nahi aata( second condition) kyuki operating cycle to 14 months ki hain... That's why it is a non current liability
Sir i have a question should we use PROPERTY, PLANT AND EQUIPMENT at the place of TANGIBLE ASSETS in balance sheet or not ....??????.... And should we use sub head - PROPERTY, PLANT, EQUIPMENT AND TANGIBLE ASSETS at the place of sub head - FIXED ASSTETS ....????....
Iam not a business student but i love watching your videos nd I appreciate ur hardwork and Dedication. Tqsm sir 💕we love you from the core of our heart🥀
Meaning of Financial Statements, Nature of Financial Statements, Objectives of Financial Statements, Types of Financial Statements, Uses and Importance of Financial Statements, Limitations of Financial Statements
39:00 There's an error. Inventories include Raw Materials,Work in progress, Finished Goods, Loose Tools, Stores and Spares, Stock in trade. Actually Stores and spares ek hi type mei aata hai
Sir horizontal se vertical balance sheet ka reason actually... Ye h ki ab international standard k hisab se accounting hoti h .. taki world wide same format ho Phle hm Indian standard k hisab se financial statements bnate the
thank you so much sir for your guidance it means a lot... you are very sincerely helping us to do better in our boards exam!!!! thank you so much a lot and lots of love 💖💖💖💖💖💖💖💖💖💖❤❤❤❤❤❤❤❤😌😌😌😌😌😌
Sirr your economics strategy was awesome it's really help alots of students to do well in exams..🫶 Now it's time for Accounts and BST and we'll do our best and never let you down! 🥹❤️❤️ THANKYOU SO MUCH..🌹🤍
@@aakritigupta409 it is current assets because the expected payment period lies within 12 months if it would've been more than 12 months then we'd have checked for the operating cycle
Thanku so much sir ✨I am following your strategy. My economic exam was not good but, now I will do hardwork and score good marks in business Thanku so much sir 😇you are best teacher in the world 🙃
The term 'fixed assets' is replaced with (property, plant and equipment and intangible assets ) and 'tangible assets' by (property, plant and equipment) in Schedule III of the Companies Act 2013.
Mai phn leke baithi thi ki bss apke vedio aaye aur mai dekhu.... I'm always waiting for your vedio .....❤️❤️❤️..... I love your teaching skill the way u teach us.... Loved it ☺️🥰
Equity and Liabities shf 1. share capital 2. reserves and surplus 3. money rcieved against share warrants Sampa ( share allotment money pending) Non currect Liabiites 1. long trm borrowings 2. deffered tax liabilities net 3. other non current liabilites 4. long term provisions current liabilities 1. short term borrwoings 2. trade payables 3. other current liabiities 4. short term provisions Non current assets 1. Fixed assets ( property plant equipment) tangible intangible capital work in progress intangible assets under development non currents investments dffered tax assets long term loans and advnces other non current assets Current assets' current investments inventories trade recievables cash and cash equivalents short term loans and advances other current assets
Thank you sir jiiiiii........ But the fact is mujhe yeh bolna tohh nhi chahiyee but sir yehh apki to purani video haii naa.....jo v ho hum to padhenge kyu ki hume chahiyee aur hmee phod na haiiiii🔥🔥🔥💯💯💯❤❤
Thank you so much sir for all the efforts u make every single day to make us understand the concepts well and to make our future bright😊❤ My gratitude to you for all you have done,which I will never forget ❤🎉I appreciate you and your time you spend helping us in everything ❤️ I enjoy every minute of your lectures 😊 Chintu and Chinti is the best part 😂❤️
thankyou sir. you are one of the best teacher in youtube community for us commerce student just because of you our preparation for the boards exams are going so well and exam are going smoothly, its all thanks too you sir ..thankyou for all the hardwork you are doing for us even in the one shot revesion vedio you explAIN the complete chapter soo well .thanyou sir you are the best. we all wont let your hardwork go in vain..
18:50 Homework
PP - 12 & OC - 13
Current Liability
PP - 11 & OC - 8
Current Liability
PP - 16 & OC - 14
Non-Current Liability
PP - 15 & OC - 18
Current Liability
Hope I am correct 💯
Edit:-
1. Operating Cycle is the period which starts with the first stage of production and ends when the final good is sold. Ex:- If a businessman manufactures shirts so it's operating cycle starts with purchase of cotton cloth and ends when he made shirt out of it suppose it takes him 3 months to do it, so operating cycle is 3 months. Suppose another business manufactures a car which takes 13 months to make, so operating cycle will be of 13 months.
2. First you see if payment period is less than 12 months then it is CL, no matter what it's operating cycle.
3. If payment period is more than 12 months, then check operating cycle. If the PP>OC then it is NCL and if the PP
Yes bro you answer is correct
@@pratikarpradhan1832 yes you are right !
@@pratikarpradhan1832 it is correct, Even if either of condition is fulfilled, the liability is current liability
Are yrr wo @Ashutosh Sharma ne glti se 18 ki jgh 8 likh diya hai ..sir ne wha OC 18 aur PP 11 likha tha
@@Priya-su5soare nhi usne to shi hi likha hai
23 March waalo best of luck 🦁🤞
Thanku 😊🤟
Thank you
Thnx ji
Thank uhh ji❤️❤️
New batch 24 - 2025 attendance here
I used to watch this channel when I was in my 11 th and 12th (2020-2021) …..Currently I m a CA INTER student ….was worried about my chapter of financial statements….i can surely say that Rajat sir is the best commerce teacher….THANKYOU SIR
1st attempt me ?
By the way from which TH-cam channel your are studying for CA
Bhai result is out passed?
Bakchodi kr rha hai
i’m also ca inter first group please contact me bcoz i’m science student so i have some queries konsi coaching le rhe ho
1) 12 & 13 = Current liabilities
2) 11& 8 = Current liabilities
3) 16&15= Non current liabilities
4)15&18= Current liabilities
Galat h last vala
@@Ritikvats2006 sahii hai
how the 3rd one in non current it should be current because as you see 3rd and 4th both are more then 12 in pp and oc both so how the answer shoud be different they both should be either cl or ncl
1) 12 & 13 = current liabilities
2). 11 & 8 = current liabilities
3). 16 & 15 = non current liabilities
4). 15 & 18 = current liabilities
Galat h bhai tu
Galat h yeh do correction in this answer
15/18=non current liabilities
Homework questions
1. Current liability
2. Current liability
3. Non current liability
4. Current liability
Thanku for your efforts sir ❤😊
Ye ch sir ne pura complete kraya h kya?
Yes. Now only question practice is required
how the 3rd one in non current it should be current because as you see 3rd and 4th both are more then 12 in pp and oc both so how the answer shoud be different they both should be either cl or ncl
18:52
1:-Current Liability
2:-Current Liability
3:-Non-Current Liability
4:-Current Liability
Love u bai ...😊🙏♥️
@@singhresham9515gayyy
homework
1) p.p-12 & o.c-13 -current liability
2) p.p-11 &o.c-8 -non current liability
3) p.p-16 & o.c- 14- non current liability
4) p.p-15 & o.c-18 - current liability
done.
thanks a lot sir❤
2 is current liability
@@govindjha8780 yes
1 👍
2 current liabilitie
3 👍
4 👍
😊
18:56 (HOMEWORK)
i-Current liability(Within 12 months)
ii- Current liability (within 12 months)
iii- Non current liability (because not come within 12 months and operating cycle)
iv- Current liability (because coming in operating cycle).....
Sir according to companies act 2013 in the balance sheet few terms have been replaced
Fixed asset with property plant and equipment and intangible assets.
Tangible assets by property plant and equipment.
I was up at 9 am got freshen up and now ready to follow your schedule thank you sir for always being there for us we'll always be grateful to you and your hard work 🥺🤝🤗
Badi jaldi uth gyi😅😂😂🤭
Same here
👍👍
Finally bae ne nha lia😅
Are bhan jhut mat bol re
i studied from rajat bhaiya in my 12th boards and now here i am again in ca inter .............. his teaching style is really amazing
😊😊
Sir , For non current assets it can be 🐬
D - Deffered tax Assets
O - Other non current Assets
L - Long term loans/Advances
Fi - Fixed Assets
N - Non current Investments
nice lol, I'll remember this.
18:50
1. Current liability
2. Current liability
3. Non current liability
4. Current liability
Third vala non-current liability kyu hoga??? Pls explain sis..
@@jayshreekrishna664 kyuki payment period 16 months ka hain jo 12 months me nahi aata( first condition) aur operating cycle me bhi nahi aata( second condition) kyuki operating cycle to 14 months ki hain... That's why it is a non current liability
@@AnjaliVerma-dc6iz correct❤
@@K._.t._.art_ 😌
@@AnjaliVerma-dc6iz chat?
18:50
1) current liabilities
2) current liabilities
3) non current liabilities
4) current liabilities
Yehh 2 vala n.c.l hoga na ??🤔🤔
1. CL
2. CL
3. NCL
4. NCL (12 MONTH AND OC IS ONLY 8 MONTH)
@@anshikarai1521 hn operating cycle 8 mahine hai auu kaam 11 mahino mai hua hai, NCL hai
@@sarfarazsid 2 wala NCL hoga na
Sir i have a question should we use PROPERTY, PLANT AND EQUIPMENT at the place of TANGIBLE ASSETS in balance sheet or not ....??????....
And should we use sub head - PROPERTY, PLANT, EQUIPMENT AND TANGIBLE ASSETS at the place of sub head - FIXED ASSTETS ....????....
@Priyanant Agree,
But i wanna ask what should we use in boards answer sheet...??
@Priyanant okk thnx
Who watching now ?
The person seeing my comment best of luck ❤️
We ill rock in boards
1 ghante mein esa lag rha hai pta nahi kitna padh liya ho and everything is crystal clear thank you rajat sir❤❤
18:57
Home work solutions:-
a) current liability
b)current liability
c)non current liability
d)current liability
Us bhai us 😂😂
@@mittsu8111 aa gaya bhai mera😂
Day After tomorrow is my board exam and today I am watching this chapter 1st time😂😂😂
I don't even have books of accounts and also aaj phli br pdh rha 😭😂
@@mrkhan_03 sahi hai 😆
Us bhaii us 😂😂
Same here
Same volume 3 plle ni pdri bilkul
Hn bhai pta chl gya ki kl exam hai aur tune ye chapter phli baar khola hai.. US BHAI US😭😭
18:30
A)CL
B)CL
C)NCL
D)CL
Iam not a business student but i love watching your videos nd I appreciate ur hardwork and Dedication. Tqsm sir 💕we love you from the core of our heart🥀
😊
Bkl
Bhai kya krr rha yha fir tu😂
18:50
PP - 12 & OC - 13
Current Liability
PP - 11 & OC - 8
Current Liability
PP - 16 & OC - 14
Non-Current Liability
PP - 15 & OC - 18
Current Liability
2 wala current liability kese hua ... can u plz explain me plz
@@manveetsingh454 Phela vai 12 months Dekhaga PP wla Mai Dekhao 11 months h iss Liye current liability hope U understand
Meaning of Financial Statements, Nature of Financial Statements, Objectives of Financial Statements, Types of Financial Statements, Uses and Importance of Financial Statements, Limitations of Financial Statements
Homework question
1.current liability
2. current liability
3.non current liability
4.current liability
Thankyou sir for your efforts 😊
2Nd galat h bro😅
@@nikhil_pandit9557Thanks bro 👍🏻
39:00 There's an error. Inventories include Raw Materials,Work in progress, Finished Goods, Loose Tools, Stores and Spares, Stock in trade.
Actually Stores and spares ek hi type mei aata hai
Tq sir
Aap preparation mai bahut help kar rahe ho hamari
Maine is video ko complete kar liya ❤
I am ready for next one at 12 noon
Sir horizontal se vertical balance sheet ka reason actually... Ye h ki ab international standard k hisab se accounting hoti h .. taki world wide same format ho
Phle hm Indian standard k hisab se financial statements bnate the
Ur teaching is much better than our accountancy tr ur great ❤👑
i- current liabilities
ii- current liabilities
iii- non current liabilities
iv- current liabilities
Thanku so guru ji 🤗
1ans : current liabilities
2ans: current liabilities
3ans: non current liabilities
4ans: current liabilities
😮😮😮😮😮❤
18:50
(1) current liabilities
(2) current liabilities
(3) non current liabilities
(4) current liabilities 😊
thank you so much sir for your guidance it means a lot... you are very sincerely helping us to do better in our boards exam!!!! thank you so much a lot and lots of love 💖💖💖💖💖💖💖💖💖💖❤❤❤❤❤❤❤❤😌😌😌😌😌😌
PP - 12 & OC - 13
Current Liability
PP - 11 & OC - 8
Current Liability
PP - 16 & OC - 14
Non-Current Liability
PP - 15 & OC - 18
Current Liability
18:50
Home work
1)Current liabilities
2)Non-current liabilities
3)Non-current liabilities
4)Current liabilities
2 current liability..
@@salonikashyap1775 i think it's non current libaties
Sir please ek baar copy checking kis tareeke se hogi lenient ya hard yeah bta dijiye
Sir u are doing a good job ...🎉 waheguru tuhanu hmesha khush rakhe ... waheguru G apna meher bhria hath thode upar bnai rakhn
Thankyou sir for your fabulous teaching😊😊
18:57
1/ current liability
2/ current liability
3/non current liability
4/current liability
Commerce bole to Rajat Arora ♥️✨
dp rishikesh
1st current liability
2nd Non current liability
3rd Non current liability
4th current liability
Sirr your economics strategy was awesome it's really help alots of students to do well in exams..🫶 Now it's time for Accounts and BST and we'll do our best and never let you down! 🥹❤️❤️ THANKYOU SO MUCH..🌹🤍
Thanks for such a good strategy 🎉
1-current liability. 2-NCL , 3-NCL , 4-CL
Sir your videos are amazing
Best teacher for commerce students ✨✨✨
18:50
answers :
1. current liabilities
2. current liabilities
3. ncl
4. current liabilities
2. Ncl
@@aakritigupta409 it is current assets because the expected payment period lies within 12 months if it would've been more than 12 months then we'd have checked for the operating cycle
Thanku so much sir ✨I am following your strategy. My economic exam was not good but, now I will do hardwork and score good marks in business
Thanku so much sir 😇you are best teacher in the world 🙃
Same here...
🙂😅
Same here
Same here
i) and iv) is current liability
ii) and iii) is Non current liability
Thank you soo muchh sir❤❤
I am ready to follow your strategy😊✌👍
19:30
i) current liability
ii) non current liability
iii) current liability
iv) current liability
The term 'fixed assets' is replaced with (property, plant and equipment and intangible assets ) and
'tangible assets' by (property, plant and equipment) in Schedule III of the Companies Act 2013.
hmein toh school mein fixed and intangible hi padaya
AAP HI PADA LO
yeah that's right
@@allroundertech4246hum kon hote hai pdhaane vale blki hum sab toh sir se pdhne aate hain💯👍
18:53 homework
1) current liability
2) current liability
3) non current liability
4) current liability
Correct 💯
Ahh !! Complete my 1st task with full motivation hope so..that it will ensure till night.. 😂🎉
1)PP=12
OC=13
=Current liabilities
2)PP=11
OC=8
=Current liabilities
3)PP=16
OC=14
=Non current liabilities
4)PP=15
OC=18
= Current liabilities
Sir but unearned incomes are located under current liabilities and accrued income in current assets.
1/ current liabilities
2/current liabilities
3/non current liabilities
4/current liabilities
Sir agar payment period or operating cycle same hue to ??🙂🙂
18:50
1) : current liability
2): current liability
3): non - current liability
4): current liability
Sir we all are following your strategy 💪💪
Thank uu so much sirr .. my with you support I never need of tutions
Har har mahadev ❤️
Bhaiya take care your self too as you are working a lot for all students
Thank you for your endless hard work ✨❤️
😊
Mai phn leke baithi thi ki bss apke vedio aaye aur mai dekhu.... I'm always waiting for your vedio .....❤️❤️❤️..... I love your teaching skill the way u teach us.... Loved it ☺️🥰
Current liabilities, current liabilities, non current, current liabilities. Homework done sir
Hey
@@aartisharma3056 hii
Kha sa ho ap
19:53 answer- i- Current liabilities,
ii-Non current liabilities,
iii-Non current liabilities,
iv- Current liabilities.
kal mera mid term ka a/c ka exam hai aur mai aaj first time ye chapter dekh rhi hu 😥
Equity and Liabities
shf
1. share capital
2. reserves and surplus
3. money rcieved against share warrants
Sampa ( share allotment money pending)
Non currect Liabiites
1. long trm borrowings
2. deffered tax liabilities net
3. other non current liabilites
4. long term provisions
current liabilities
1. short term borrwoings
2. trade payables
3. other current liabiities
4. short term provisions
Non current assets
1. Fixed assets ( property plant equipment)
tangible
intangible
capital work in progress
intangible assets under development
non currents investments
dffered tax assets
long term loans and advnces
other non current assets
Current assets'
current investments
inventories
trade recievables
cash and cash equivalents
short term loans and advances
other current assets
is these vedio benificial for class 12
Homework
i) current liability
ii) current liability
iii)Non current liabilities
iv) current liability
18:53 HOMEWORK
1) CL
2) CL
3) NCL
4) CL
Yahi raat bhari yahi raat antim 😭
Ashirvad dijiye Rajat Sir
i) current liabilities
ii)current liabilities
iii)non current liabilities
iv)current liabilities
Thank you sir
Trying to follow your strategy with full determination because I really trust you a lot! ❤🙏☺️
1)current liability
2)current liability
3)non-current liability
4)current liability
Thank you sir this was much needed 😄❤️
❤
Goooodmorniiiinnnngggg rajat sir😅❤️🙌bas ab aapka ashirwad chahiye !!hatts off to u and ur efforts sir 🔥much respect from the bottom of my heart to u☺️
Sir how to understand that whether the liability is paid within the operating cycle or not?
Will it be given in the question?
kaise gaye boards?
1 current liabilities
2 current liabilities
3 non current liabilities
4 current liabilities
Kon kon hn jo abhi dekh raha hn Ye foe 23rd march exam
Mai bhi
Sir please tell 🙏
Statement of profit and loss a/c mein
"Sale _sale of scrap"
Ya phir "sale+sale of scrap"
Homework questions:-
1) CL
2) CL
3)NCL
4) CL
Thank u so much sir for ur hardwork and efforts🙏
1 current liability hai aur 2 nd bhi c liability 3 Rd bhi c liability aur 4 th nc liability
Thank you sir for providing good quality education
Welcome
1) Current Liability
2) Current Liability
3) Non-Current Liability
4) Current Liability
Tommorow is my accountancy exam and I'm watching this chapter on the first time lol😂😂
Same bro same
Is book ka A B C D ni pata bhai
Hui Hui Hui comedy krdii
Bhai ghr walo ka Paisa brbad kia hai tume or maine bhi
Bs tu phir bhi khush hai
Same same🤣🤣🤣🤣
@@parvezmewati-mi3ji😂
6 hours left for exam and I am studying this for first time 😂😂
in 2x
Well done 👍
12-13 (Current Liabilities)
11-8 (Current Liabilities)
16-14 (Non Current Liabilities)
15-18 (Current Liabilities)
Homework done.
You here?
me bhagwan se duaa karta hu sab ke 90%+ aye 🙏
Thank you sir jiiiiii........
But the fact is mujhe yeh bolna tohh nhi chahiyee but sir yehh apki to purani video haii naa.....jo v ho hum to padhenge kyu ki hume chahiyee aur hmee phod na haiiiii🔥🔥🔥💯💯💯❤❤
Ye wala sayad sir ki planning Me nahi tha chapter I think isliye ab dekh rahe hai
18:50 first and last are current liability and 2 and 3 are non current liability
Financial management exam h kl or aaj ye video dekh rahe h😂
Bahut aachi baat h
1. Cl
2. Cl
3. Ncl
4. Cl
thank you sir for this video and also motivate us 🥰🥰🥰
Welcome
1- Current liabilities
2- Current liabilities
3- Non Current liabilities
4- Current liabilities
Bhaiii pura syllabus baki hai kal exam hai 😢😢🫠🫠🫠
18:50 1 2 4 non current or 3 current
Thank you so much sir for all the efforts u make every single day to make us understand the concepts well and to make our future bright😊❤
My gratitude to you for all you have done,which I will never forget ❤🎉I appreciate you and your time you spend helping us in everything ❤️ I enjoy every minute of your lectures 😊 Chintu and Chinti is the best part 😂❤️
❤️
thankyou sir. you are one of the best teacher in youtube community for us commerce student just because of you our preparation for the boards exams are going so well and exam are going smoothly, its all thanks too you sir ..thankyou for all the hardwork you are doing for us even in the one shot revesion vedio you explAIN the complete chapter soo well .thanyou sir you are the best. we all wont let your hardwork go in vain..