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You should definitely study prefer magnet brains for your better understanding. For 2 years i.e., 11 & 12th , I studied everything from magnet brains from Aditi Mam one one the best accounts teacher.
Hey there! We're so happy you're enjoying our videos and that they're helping you out in school! Keep up the good work and we'll keep pumping out the content!
======= 00:00 Introduction to Accounting Introduction: Explanation 01:47 Characteristics / Attributes / Process of Accounting 23:10 Meaning and Definition of Accounting 24:54 Uses of Accounting Information 34:28 Branches of Accounts 37:01 Bookkeeping V/S Accounting 46:30 Accounting and Accountancy 49:02 Quantitative Characteristics of Accounting Information 55:08 Objective of Accounting 57:39 Function of Accounting 59:18 Advantages of Accounting 01:06:41 Limitations of Accounting 01:12:51 Is Accounting an Art or Science ? 01:14:45 Role of Accounting in Business 01:16:26 Accounting Information 01:18:25 Types of Accounting Information 01:20:39 System of Accounting 01:24:02 Website Overview
Thank you for watching our educational videos! We hope that you found them helpful and informative. If you are a class 11 student in 2023-2024, we wish you all the best in your studies!
We're so happy to hear that you're already looking forward to studying the subject matter in our videos! We hope that you find them helpful and informative.
Very informative and helpful lecture mam in very easy way :)) I -Indentification of F T Am - Measuring the F T Ranchoddas - Recording Chanchad - Classification Shimla - Summarizing Aaya - Analysis Chatur - Communicating
Mam can we say that ,accounting is an art of identifying of financial and business transactions,measuring of identified transactions, recording,classifying, summarizing, analyzing and communicating of the financial transactions and events
Thank you so much for your positive feedback! We're glad you're enjoying our videos and that they're helping you with your studies. We'll keep working hard to produce quality content that you can learn from and enjoy.
Accounting is an art of recording, classifying and summarising in a significant manner in term of money transaction and events which are inpart atleast in a financial character and interpreting their result off
Accounting is an art of recording, classifying and summarising in a significant manner and in terms of money 🤑 transaction and events which are in part at least of a financial character and interpreting the results thereof
Accounting it is a systamatic process of identifying, measuring, recording, classifying, Summerising, interpreting and Communating all the financial informations in a systamatic manner.
Accounting is an art of ÷ 1) Identifying the financial transcation and events 2) Measuring the transcation and events in terms of money 3)Recording like journal ,cash book,sales book,purchase book 4)classifying like leadger 5) summarsing 6)Analyse 7) Intrepretation 8) communicating the information to its users internal as well as external users
Thanks maam just completed my boards of class 10 I aspire to become an entrepreneur and graduate by iims i have so much of time this month so this is just a chocolate for a child thanks maam everything was well detailed and explained to at its extent thankyou maam once again
Hello ma'am l am doing bba iits my 1sem but and l have 'nt commerce stream in class 12th and l am watching this video today to clear my basics .you are very soft spoken .l loved your voice and also you teach very well 💗 l understand this chapter very well .
one doubt- production loss due to labour strike can also be measured in terms of money as it can be the value or money value that could be gained by sellling the dhokla but couldn't due to labour strike. so that average value can be counted as loss thus monetary.
Ma'am cash to bahot important h pr aapki smile bhi..... Aap pdate hue bahot serious hoo jate hoo agar smile krke pdaooge to mza aayega. Hope for your good health.. 😋❤️
Congratulations on your admission! We are so excited for you to start the new chapter of your life. We hope you enjoy the educational videos we have to offer and that they help you succeed in your classes. Welcome to the school!
Its really good to study from here as we are newbie in commerce we should understand all the basic concepts to be fire in 12 class.. thank you magnet brains 🦋✨ your way of teaching is so helpful and intresting also ✨
We're glad that you enjoyed the explanation! We hope that our videos are helping you in your learning journey. Please let us know if there's anything else we can do to help. Thank you for your support!
Thank you very much ma'am! I am from science background and have been working in industry for 20 yrs now. Recently started my MBA and was not able to understand the accountancy (ing), as a subject. But your approach has been helping me tremendously! Highly recommend!😇
I am in class 10th and I am confused in science or commerce, but after watching this video, I think I am interested in commerce. So please students of commerce, do tell me that how your studies are going and are you regrating or satisfied with commerce?? Is there any scope in commerce?? Please answer my all questions I am your younger brother, I need your help!!
hi all, i am also a commerce student and doing PHD in commerce to study the subject in dept but what I realised is that the knowledge of commerce is required in every field either you are a teacher, doctor, engineer etc. See commerce is a very practical subject which is based on real events so if you take it like that i think when you start working in any field you would know how you need to utilise your hard earned money.. and yes there is a lot of scope in commerce but you have to figure out what fascinates you more..
Thank you mam . It was my first lecture of accounting and accountancy well mam you tried your best to tell us..... This free education has value. Which I will try to respect it. And grab as much as possible. . . Thank you again
Thank you so much for your kind words! We are glad that you are enjoying our educational videos. We are always striving to provide the best educational content to our students. If you have any feedback or suggestions, we would love to hear them. Thanks again for your support!
Thank you so much for your kind words! We are so glad that our videos have been able to help clear your doubts. We strive to provide quality content and we are glad that it has been useful to you.
Objective of accounting 1.maintaining accounting records 2.determining profit or loss 3.determining financial position 4.facilitating manegement 5.provide accounting information to users 6.protecting business assets I hope this is useful to you..😊😊
Thank you for watching our videos! We're glad you found them helpful in understanding the objectives of accounting. We hope you'll continue to watch and learn from our videos.
Thank you so much for your kind words! We are so glad that our videos were helpful for your Cambridge examinations. We hope to continue providing helpful resources for students like you.
Hey there! We're so happy you're enjoying our videos and we hope they're helping you out. Keep up the good work and we'll keep pumping out content to help you guys succeed.
Hi there! Thank you for your kind words! We are so glad that you are enjoying our educational videos. We hope that you continue to benefit from them. Please let us know if you have any other questions or feedback.
Please increase a little bit of your teaching speed and don't give partial information provide appropriate amount of knowledge to let us away from doubt humble request to you
Thank you so much for your kind words! We're so happy to hear that our videos are helping you prepare for your tests. Best of luck on your upcoming exam!
Wasim Mughal, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access. Get All Classes & Subject Wise playlists here:- www.pabbly.com/out/all-videos-playlist
@@MagnetBrainsEducation ma'am as u said to ask doubt....plz reply if u see this to recognise financial transactions n event we need monetary and business and if there isn't monetary or business related then it's not financial transactions na ?
Thank you so much for your kind words! We're so happy to hear that you're enjoying our videos and that they're helping you out. Keep up the good work and we hope to see more great things from you in the future!
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✔️📚👉 Grab Notes by Expert Teachers Here: www.pabbly.com/out/magnet-brains
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✔️📚👉Get any class & subject's topic Video here:- www.magnetbrains.com/get-topic-wise-video
✔️📚👉 Watch Full Free Course: www.magnetbrains.com
Hlo
Maam one question can a arts student do bcom after 12th arts without maths
Hlo
Mam is chapter ke question answer kha hai
Mam 1 ka 2 record ayaga because it is the business
Batch of 24-25 .
Attendance
👇🏻
💀😅
😅
😅
Free notes, classes and quizzes here
Me also😂😂
Are aagye 2024-2025 batch 😁
Just came here after my 10th Boards .....This video will definitely help me a lot ! Thanks Magnet Brains.
Me to
You should definitely study prefer magnet brains for your better understanding. For 2 years i.e., 11 & 12th , I studied everything from magnet brains from Aditi Mam one one the best accounts teacher.
@@AryanSharma-ij6tq thanks for letting me know!
@@AryanSharma-ij6tq plz tell me it is necessary to taking offline coaching after this??
Same to you 😂🥺
Anyone 24-25 🤡
Yes
Mee
Yesss
Yepp🤌🏻
Yaa
2024-2025 batch!! Wale Attendance lagao 🤚
Who is coming here to study before the results of boards!
I amm
Bilkul
Me
meh 🌝🎈
mai 🖐🖐🖐🖐
Batch 2023-24
Give Attendance 👊🏻
Yo👊
Yo 🤜
present
Idhr 👊🙂
Yeee
Batch 23-24 fresh attendance
Edit- mai toh like lene aaya tha😂
Hey there! We're so happy you're enjoying our videos and that they're helping you out in school! Keep up the good work and we'll keep pumping out the content!
❤😊
❤😊
I'm here
Us
A teacher like her is a blessing
Yes she forces us to watch movie
@@anjalimishra2087 nah i guess its some other book i am an 10th student i was just preparing this chapter for my next term
❤
@@Ronitbiswas0714😂
=======
00:00 Introduction to Accounting Introduction: Explanation
01:47 Characteristics / Attributes / Process of Accounting
23:10 Meaning and Definition of Accounting
24:54 Uses of Accounting Information
34:28 Branches of Accounts
37:01 Bookkeeping V/S Accounting
46:30 Accounting and Accountancy
49:02 Quantitative Characteristics of Accounting Information
55:08 Objective of Accounting
57:39 Function of Accounting
59:18 Advantages of Accounting
01:06:41 Limitations of Accounting
01:12:51 Is Accounting an Art or Science ?
01:14:45 Role of Accounting in Business
01:16:26 Accounting Information
01:18:25 Types of Accounting Information
01:20:39 System of Accounting
01:24:02 Website Overview
kb se yahi dekh mil gya thanks ❤
Who is here class 11in 2023-2024😂😂
Thank you for watching our educational videos! We hope that you found them helpful and informative. If you are a class 11 student in 2023-2024, we wish you all the best in your studies!
Thanks
Me as well
🖐️
Impossible = i m possible 💪
Boards results haven't even came yet but I can't hold my excitement to study this new subject so here I am~~😅
We're so happy to hear that you're already looking forward to studying the subject matter in our videos! We hope that you find them helpful and informative.
11th me addmission le liya hai??
@@Rkhimg hmm
Waa bhai tu b meri tarah curious h😂
Same bro ✍
Who is here 2024-2025 😅😂😂
Bhai Commerce hi kyu select Kiya?😊
Me
Very informative and helpful lecture mam in very easy way :))
I -Indentification of F T
Am - Measuring the F T
Ranchoddas - Recording
Chanchad - Classification
Shimla - Summarizing
Aaya - Analysis
Chatur - Communicating
Thank you so much for your kind words! We're glad you found our video helpful and informative. :)
Mam can we say that ,accounting is an art of identifying of financial and business transactions,measuring of identified transactions, recording,classifying, summarizing, analyzing and communicating of the financial transactions and events
Wow nice explanation
Well played bro😉
Yes you can say
I think so it is little bit long answer to learn or write
But explanation is best
Best Channel for Commerce 😃🎉
Thank you so much for your positive feedback! We're glad you're enjoying our videos and that they're helping you with your studies. We'll keep working hard to produce quality content that you can learn from and enjoy.
As a newcomer to the subject found this video very helpful. Thank you so much Ma'am.
Taking commerce in 2022😁😁
Attendance please 😂
Me
🙋😂
Mee
present
Me without maths
Who will score 90+ in accountancy❤🌚
2024-2025 batch here 😂
Bhai dekhne aaya tha ki hai kya account mai lekin aabhi to maths ke padhai karne hai😂
Us bhai us 😂
@@Haittalks kes ko bol raha hai mujhe ya kanikasaxena ko
Class 11 2024-25 batch attendance
2024 2025
Mera magnet brain se ek anurodh hai ki black board ki color White na rakhe isse eye par jadya effect parta hai.
Accounting is an art of recording, classifying and summarising in a significant manner in term of money transaction and events which are inpart atleast in a financial character and interpreting their result off
Ishika ap abhi 11th mai aaye ho!
@@ajeetkhan4269 hi
@@ajeetkhan4269 bade tez ho beta
Hello
Hiii
Batch 2024-2025 fresh attendance lagado😂
Meee huu bhaii😂😂❤
Me too
Accounting is an art of recording, classifying and summarising in a significant manner and in terms of money 🤑 transaction and events which are in part at least of a financial character and interpreting the results thereof
B
O
S
D
Like for 2024 to 2025 batch
Such a great explanation by mam
Accounting it is a systamatic process of identifying, measuring, recording, classifying, Summerising, interpreting and Communating all the financial informations in a systamatic manner.
Batch 23-24 fresh attendance
Edit :- main toh like lene aai thi aur 😂
Kon kon result sa phela dekh raha ha 😂
Thank u mam my all concepts are clear now☺️
I loved the way you teach !😃
@Indian defence lover both are same
Accounting is an art of recording , classifying and summarising the monetary transactions
in an efficient manner and interpreting the results..,,,,,,
New beginning with full confidence 🙂nd
Thank u 💓mam for this wonderful session .This helps me alot .
Samr
Nice lecture it helped me alot🤗
"I am Ranchor Das chanchar shimla AaYa chatur " What a learning tip🤩
Sanjeetwhehgurmehar koro Singh, Thanks a lot for watching the Magnet Brains videos. Please recommend us among your friends.
@@MagnetBrainsEducation ye koi tareeka h bheek magne kaa😂 just kidding
@@roastingworld8948 🤣🤣🤣🤣🤣
Hui
@@roastingworld8948 😂😂
Accounting is an art of ÷
1) Identifying the financial transcation and events
2) Measuring the transcation and events in terms of money
3)Recording like journal ,cash book,sales book,purchase book
4)classifying like leadger
5) summarsing
6)Analyse
7) Intrepretation
8) communicating the information to its users internal as well as external users
Kon Kon Naye students hai attendence please 💯
Mai hu
Mai hu ✨
Meeee
Mee
Batch 2024-2025
2023-2024 Batch Hite the like button ✅✌🏻
Thank you! We're glad you like our videos and we hope you find them helpful.
थैंक्स 👍
Love it this teaching method❤
Learn with tricks $ formulae💫
Jak me ye ayega n
Kon kon commerce leke Khush hai
Thank you so much ma'am 💖 clearly samjhane ke liye 🤗❤️💜✨
Thanks maam just completed my boards of class 10 I aspire to become an entrepreneur and graduate by iims i have so much of time this month so this is just a chocolate for a child thanks maam everything was well detailed and explained to at its extent thankyou maam once again
Me too.....😁😁..my board exams finished on 24th and watching these classes.....I want to become an businessman 🔥🔥🔥
Me too
Me tooo
I will do hotel management
@@arpitdwivedi5414 nyc
Please provides videos of class 12 Micoeconomic $ macroeconomic, Business studies also ma'am 🤞🤞
Who agree?
Hello ma'am l am doing bba iits my 1sem but and l have 'nt commerce stream in class 12th and l am watching this video today to clear my basics .you are very soft spoken .l loved your voice and also you teach very well 💗 l understand this chapter very well .
37:35
Teachers never check our notes.
They just signed on the notes after the end of a chapter.
"Is Accounting Art Or Science?" But mam maine toh commerce li thi 😂
😂hmm😢
Thnku mam for this helpful letcure for understand the basic terms of accounts 🙂🫶🏻
Batch 24-25 attention here
👇👇
Bhai Commerce hi kyu Select Kiya?😊
one doubt- production loss due to labour strike can also be measured in terms of money as it can be the value or money value that could be gained by sellling the dhokla but couldn't due to labour strike. so that average value can be counted as loss thus monetary.
24-25 attendance here
10 days to go, havent studied anything and just made a 30 hour playlist for accounts covering all chapters hope i'll get good grades.
Yes
1month and 7 days left for my exam 😅
Me
can you send the playlist link here?
How did you exam go?Did you see any changes?
Thankyouu so muchh Ma'am!!✨🌸
Reallyyy Enjoyed It!! :)
This lecture was very helpful for me for my exam
Helpfull👍
@@akshatapishe10a86 😂ok
same here
Nah 😓
What were your questions like?
Ma'am cash to bahot important h pr aapki smile bhi..... Aap pdate hue bahot serious hoo jate hoo agar smile krke pdaooge to mza aayega. Hope for your good health.. 😋❤️
Good explaination Mam
Thankyou mam for teaching us something new and for these free education 😃💗
Tomorrow my admission is completed
And Now I attend my new class
With full of happiness 😊😊
Congratulations on your admission! We are so excited for you to start the new chapter of your life. We hope you enjoy the educational videos we have to offer and that they help you succeed in your classes. Welcome to the school!
Its really good to study from here as we are newbie in commerce we should understand all the basic concepts to be fire in 12 class.. thank you magnet brains 🦋✨ your way of teaching is so helpful and intresting also ✨
Thanks mam for teaching and helping us in exams time for best preparation to work hard and to learn at same time 🙏🙏🙏🙏🙏
Love you mam😘 thank you for touching 🙏
What a explanation 🎉🎉🎉
Thank you so much 😊😊😊
We're glad that you enjoyed the explanation! We hope that our videos are helping you in your learning journey. Please let us know if there's anything else we can do to help. Thank you for your support!
Hlo
hi
Thank you very much ma'am!
I am from science background and have been working in industry for 20 yrs now. Recently started my MBA and was not able to understand the accountancy (ing), as a subject. But your approach has been helping me tremendously!
Highly recommend!😇
I am in class 10th and I am confused in science or commerce, but after watching this video, I think I am interested in commerce. So please students of commerce, do tell me that how your studies are going and are you regrating or satisfied with commerce??
Is there any scope in commerce??
Please answer my all questions I am your younger brother, I need your help!!
I am also confused
I am also confused between arts and commerce i want to become a lawyer but i' m really confused
@@gungun_guptaa you can take commerce and after commerce you can take llb to be a lawyer ok
I am also confused
hi all, i am also a commerce student and doing PHD in commerce to study the subject in dept but what I realised is that the knowledge of commerce is required in every field either you are a teacher, doctor, engineer etc. See commerce is a very practical subject which is based on real events so if you take it like that i think when you start working in any field you would know how you need to utilise your hard earned money.. and yes there is a lot of scope in commerce but you have to figure out what fascinates you more..
Very nice and beautifully explained i understand very easily 🙂
Thank you for your positive feedback! We're glad you found the video helpful and easy to understand.
Thank you mam .
It was my first lecture of accounting and accountancy well mam you tried your best to tell us.....
This free education has value.
Which I will try to respect it.
And grab as much as possible.
.
.
Thank you again
Who can come here in 2022 in May after 10th exams
I know all of you choosing commerce stream
Best wishes from me👍
Yeahhh
Yessss
Magnet brains is a channel which really helps many childrens
y es really
😃😃
Who are here 2024-2025?
I'm a teacher but most of time you really surprise me by your teaching skills, really love you ma'am.
👌
F for your kids
Teacher ho to yaha kyu ahe hai anpad gawar
This coaching is brilliant and mam so brilliant and excellent speak and so impressive class and mam is so beautiful and ❤️🔥
Thank you so much for your kind words! We are glad that you are enjoying our educational videos. We are always striving to provide the best educational content to our students. If you have any feedback or suggestions, we would love to hear them. Thanks again for your support!
वाह बहुत ही अच्छे से समझाया
Thankk you so much didiiii for this beautifullll video❤✨.This video is soooo accurateeee🤩🤩🙏🏻🙏🏻
Wow
Thank you mam ..
Hellow batch 2024😂aagye sb jangg shuru krne?
Hello Batch 2024! We are so happy to have you here with us! We hope you enjoy our educational videos and find them helpful in your studies!
Hnji ana hi pdega😂
Yes brooo😢
2024-2025 batch like
23-24 batch videos will be uploaded as the syllabus is cancelled a bit? Plz let us know
Ma'am aap bhttt achha explain krti hai sare douts clear ho gae
Thank you so much for your kind words! We are so glad that our videos have been able to help clear your doubts. We strive to provide quality content and we are glad that it has been useful to you.
Objective of accounting
1.maintaining accounting records
2.determining profit or loss
3.determining financial position
4.facilitating manegement
5.provide accounting information to users
6.protecting business assets
I hope this is useful to you..😊😊
Thank you for watching our videos! We're glad you found them helpful in understanding the objectives of accounting. We hope you'll continue to watch and learn from our videos.
bhai dhokala bacha aur kharida usko kaise English mein likhenge ki kaise karen bhai bata de
@@RajaPatel-xo6fv Google Translate
Very nice 👌 explanation mam
Thanks 😊 a lot
Kon kon 10th ke results se pehle padhne aaya hai....?
Studying this without buying books definitely saying that it is very easy to understand thank you mam❤
Thank you so much for enjoying our videos and finding them helpful! We're glad they've been easy for you to understand. :)
u can look up the pdf of the books online, thats the method im using to study currently
@@AJ-sz3xp from where?
It is really helpful for Cambridge examination CIEs
Thank you so much for your kind words! We are so glad that our videos were helpful for your Cambridge examinations. We hope to continue providing helpful resources for students like you.
Mam ap bhut acha explain krte ho sare doubt clear hoge thnku so so much mam😇
2023_24 batch.. Give ur attendance ❤❤
Hey there! We're so happy you're enjoying our videos and we hope they're helping you out. Keep up the good work and we'll keep pumping out content to help you guys succeed.
yooo✋
Hlo mam aap bhut achi trh se pdhaai krva to h thanku so much mam
Hi there! Thank you for your kind words! We are so glad that you are enjoying our educational videos. We hope that you continue to benefit from them. Please let us know if you have any other questions or feedback.
Ab ham batch wale h! 2024 2025
Thank you so much mam for teaching and helping us exam time and repeat it again thank you very much mam ☺️☺️
Kya tum mujhe bata sakti ho ki ma,am konsi book se padha rhi hai?
@@sanyasingh1179 ncert
26:36 Employees and workers are given as External users in the textbook.
Thank you mam it helps a lot 🙂
Please increase a little bit of your teaching speed and don't give partial information provide appropriate amount of knowledge to let us away from doubt humble request to you
Yess🥲🙂
Ma'am please chapter 3 upload karo pls 🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿😭
Recording of transaction wala chapter ma'am pls 🙏🏿😭
No
@@anuragrajput1829 why
Bhai vo khud he kar lo ya kisi or se yt se kar lo
Ha
@@vanshchourasia5031 bhai lekin ye Ma'am boht achi padhati hai
No words mam it was really a very good explanation.....now i was well prepared for the tomorrow's test
Thank you so much for your kind words! We're so happy to hear that our videos are helping you prepare for your tests. Best of luck on your upcoming exam!
Thank you it was so much helpful
Studying in 2022 even before school starts 😊
same bro all the best !
@@rashii143 u too bro
Nice Explanation Thank You Mam . Tomorrow is My Accounts Exam .
Thank you so much for watching our video and for your kind words. We're glad you found it helpful and we wish you all the best for your upcoming exam.
Actually I wanted to become a businessman since I was a kid like Mukesh Ambani im in 8th but preparing for this
😂🥺🥺🥺👍👍
easily understandable. explained in very simple way, Thanks
Wasim Mughal, Thanks a lot for checking out the video and replying back. Do recommend Magnet Brains to your friends. Also do checkout the Magnet Brains website, all video lectures are organized on the site for easy access.
Get All Classes & Subject Wise playlists here:- www.pabbly.com/out/all-videos-playlist
@@MagnetBrainsEducation ma'am as u said to ask doubt....plz reply if u see this
to recognise financial transactions n event we need monetary and business and if there isn't monetary or business related then it's not financial transactions na ?
Well explained ma'am ❤
Thank you so much for your kind words! We're so happy to hear that you're enjoying our videos and that they're helping you out. Keep up the good work and we hope to see more great things from you in the future!
Amazing..Thanks a bunch ma'am. ❤
2023-24 batch attendence (like)❣️ and Thanks a lot Magnet brain for provide free education.
We're so happy to hear that our videos are helping you out! We'll continue to make more educational videos for you all in the future!
Mem very nicely explains for freshers and very clearly explained