Final Accounts with Adjustments ~ Interest, Depreciation, Prepaid, Outstanding and Advance
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- เผยแพร่เมื่อ 28 พ.ย. 2017
- #FinalAccounts #FinancialAccounting
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Explained the concept and procedure to take effect of the following adjustments while preparing final accounts of an enterprise :
1. Prepaid Expenses
2. Outstanding Expenses
3. Depreciation of Assets
4. Interest on Capital
5. Interest on Loan
6. Closing Stock
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I am studying accounting for the first time in msc and through ur explanation every basic is clear ... Excellent effort sir...hats off to u
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Respected sir,
I am sixty years old successful businessman & post graduate engineer in mechanical steam but because of you I started learning accounts & now I can handle my accounts software like Tally & Mprofit . Also now I understood the logic behind the specialized software & the different types of reports generated by these software. Previously I was depending on my account . Special thanks & hats of to your noble work. I hope you will also start some specialized courses for professionals like engineers & doctors.🙏🙏
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Sincerely speaking, you are god of teaching. Love you sir
I remember in my +2 there was a teacher in AP like u sir..namely Giri sir..he was so experienced in this subject that his name was there in the book of entries..whenever the entry came he used to smile with us😊 I am so blessed to have another gem in my CA career.♥️ from Odisha🙏😌
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Aj mera CA ka intro to accounting ka ppr hai or final account mai prblm thi , sir ny 20 min mai smjha dia ❤
Thank you sir
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Sach kahoon toh maine ab tak jitne bhi accounts ke teacher dekhe unme se aap sabse best hai hai phir chahe wo online ho ya offline.
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How difficult it was
But you have make it easy
Jatin Kumar .
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Sir
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this topic was going on in my class but i didn't understood it there, i am a science stream student. but after watching your videos my all doubts are clear
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Very good Explanation Sir .. i have cleared all my doubts regarding adjustment entries ..
Clarity of explanation is so good & Concept has been cleared in a easy way....Thanks for such a nice video
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Excellent explanation...mind blowing...
prepaid interest on loan, acquiring net loss and many things are very informative in it. Appreciate you.
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Sr! Your method is very excillent.
SIR You are the best i am in Australia and you made my problem so esy . Thanku so much
Sir b/s ke assets side ka total 95100 aa rha h jabki libli. Side ka total 97100 aaya h can u explain me plzz
Sir profit/loss in sale of fixed asset.... Iska nature kya hota hai sir....revenue or capital?? And Final account me kha show hoga??
Best teacher ever of accounts
Yes
Sir ji India me aap jaise teachers ki zarurat h
That was really beneficial... Thanks sir 😊
King of commerce 👑👑👑👑👑👑
Sir ye kese pata chalega k trial balanc wala interest loan ka hi hai? Capital ka bhi to ho sakta hai?
Very very very helpful session for me ....respected sir
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I literally not even get a word about final account in coaching. But after seeing this video my all concepts is solves. Keep it up sir
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Receipt and payment account for the year ending March 31 2017
Respected Sir,
This is my Humble request to you kndly update videos regarding GST and TDS .
regards,
Im from Pakistan Studying BSAF it helps me alot
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apko samjh me aa gaya
You are great sir😊❤
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Sir . please explain cost of closing stock and when purchase and sale a/can is nominal account
Sir
Why only closing stock journal entry adjusted with trading accounting not purchase account but other adjustment journal entry adjusted with respective account?And why insurance premium expenses,it not give any benifit.
Sir aap konsi accountancy ki books use karte hai please bataye
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world ke best teacher
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Sir if its given wages for the year that means
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Thank you teacher
Sir opening stock nhi diya hai toh kaise nikale opening stock sir please reply
sir aap konsi book s padate ho y practical que konsi book k h
If enteries in Dr balance in Trial balance goes to either expense or asset, then why return inward (which has Dr balance) is posted on income side of trading account?
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I request you sir please help me in financial statement with adjustment -- Thank you
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Patent to intangible assets h to us p dep nhi amortization lagna chahiye na
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One day Or day one
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Sir please answer my questions...how will 10 Percentage fixed deposit be recorded in final account not written as adjustment 🙏🙏🙏🙏
Thanks sir. ☺
Sir,
GST ITC is not allowed in case of Captitalization of immovable property....
Plz explain
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sir trial balance main rent 5000 and in adjustment 1/4 th of rent was unpaid .please help me in detail.
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Sir question Mai gross profit ,net profit, balance sheet bhi diya h pr usmai capital amount bhi diya
Agar sundry expenses diyaa too usko kaa per rakhna hee sirr???
Sir agar interest trail balance me nhi Diya ho aur 10% loan Diya ho toh fir kya hoga
Thank you so much sir once again! :-)
Fully satisfied video