Book delivery wages would be like a selling expenses (delivery charges) and lighting expenses is indirect expense - so both shall come in Profit & Loss A/c.
Aoa mam Ap na kha prepared or outstanding expense ka 2 effect ho ga ap na 1 effect show kyea P&L A/c ma but ap na 2nd effect show nhi kyea Financial position ma
If Heating and Lighting expenses are given which are related to production or manufacturing then they are direct expenses debited to Trading A/c. But here if you read the question, the departments are books and stationery and seems to be a trading concern. Also in absence of information, we need to divide the lighting expense based on the area occupied by two departments denoting it as an indirect expense and hence debited to P&L A/c.
Thank you so much. For accessing all videos on this topic check out Departmental Accounts course on our website - www.letstute.com/category/course-details/64x274
We have tried to cover different adjustments in various sums. To get access to them, check this course - www.letstute.com/category/course-details/64x274
Motor van expense entry will be: Motor van expense A/c....Dr. To Cash/Bank A/c So second effect - it would have already paid and deducted from Cash/bank balance. If the expense would have been outstanding - then it will be recorded as Liability.
If general expenses are paid for the company as a whole and no information is given for its allocation between the departments then it will be directly debited to General Profit & Loss A/c.
How much does the course cost??? Also what's the range of subjects covered for various courses like bcom, Mcom, ca and cma. I can't afford classes it's too expensive and self studies gets hard when there are doubts.
We make some videos in Hindi and some in English. Please watch this video, it is explained in very simple language, you will be able to understand. If any doubt please contact here.
Hey Friends,
Check our courses on Departmental Accounts on our website: www.letstute.com/category/course-details/64x274
Very nice teaching mam
Very good class 👏
You are a left hand writer mam..that also nice😊👍
Thank you so much for liking. Yes this professor is left hand writer...
Please do video on branch account
Excellent work and really great learning
Mam, book delivery wages is kinda wages right, so it would be in trading account right and lighting expenses too...
Book delivery wages would be like a selling expenses (delivery charges) and lighting expenses is indirect expense - so both shall come in Profit & Loss A/c.
Great Video
Thank You, Your comment is valuable for us
Aoa mam
Ap na kha prepared or outstanding expense ka 2 effect ho ga ap na 1 effect show kyea P&L A/c ma but ap na 2nd effect show nhi kyea Financial position ma
Nice video.. Well explained concepts
Thank You, Your comment is valuable for us
Thank you so much mam😢🎉❤❤😊
Ma'am plz explain why lighting expanse has been posted in p/l account and why not in trading. Its a direct expanse/production related. Plz clarify
If Heating and Lighting expenses are given which are related to production or manufacturing then they are direct expenses debited to Trading A/c. But here if you read the question, the departments are books and stationery and seems to be a trading concern. Also in absence of information, we need to divide the lighting expense based on the area occupied by two departments denoting it as an indirect expense and hence debited to P&L A/c.
Excellent work..love from Pakistan
Thank you so much. For accessing all videos on this topic check out Departmental Accounts course on our website - www.letstute.com/category/course-details/64x274
Mind blowing 🙂
Thank you for watching and appreciating!!!
mam plz slove the questions with different adjustments
We have tried to cover different adjustments in various sums. To get access to them, check this course - www.letstute.com/category/course-details/64x274
what is the second effect of motor van expense?
Motor van expense entry will be:
Motor van expense A/c....Dr.
To Cash/Bank A/c
So second effect - it would have already paid and deducted from Cash/bank balance.
If the expense would have been outstanding - then it will be recorded as Liability.
All the links are coming not available.
Thank you so much....
Welcome! For all videos on this course - check this out: www.letstute.com/category/course-details/64x274
What about general expense ?
If general expenses are paid for the company as a whole and no information is given for its allocation between the departments then it will be directly debited to General Profit & Loss A/c.
How much does the course cost??? Also what's the range of subjects covered for various courses like bcom, Mcom, ca and cma. I can't afford classes it's too expensive and self studies gets hard when there are doubts.
For more details please visit our website www.letstute.com
We have various course at very affordable prices
Working and questions is not clear see
Try changing quality in the video settings. It is visible from our side.
Please mam app hindi mai v smjado
We make some videos in Hindi and some in English. Please watch this video, it is explained in very simple language, you will be able to understand. If any doubt please contact here.
Plss kjm Tamil la solunga onnum puriyala
Sorry we couldn't understand what is written - can you write in English or Hindi.??