Sir,One question: Asset = liability+capital But liability asset kaise ho sakti h? Doubt is regarding question no. 1 Where capital is 2L, liability is 3L and you are saying asset is 5L?
Sir if possible, 1-2 question upload kijiyenga, balance sheet K liye, aur agar apke pass Samay Ho to Trail Balance and rectification par Ek example upload kijiyenga, hum Jyada practice nhi kr payenge, Sir. Apke videos se hi Sikh rhe h, and yr way of teaching is very nice.keep it up
in case 3, if we wish to sell the stock at a higher price, say 1200 (as is always done, so as to earn profit) then stock would be reduced by 1000 while cash would have to increase by 1200. how do we accommodate such cases?
Op stock 700, closing stock 100, purchase of stock 1240, purchase return 40, wages 200, factory expenses 70, freight 80, other direct expenses 50, amount of net sales 3000, calculate the Gross Profit?? Sir pls solve this with explanation. Thanks
Opening stock+purchase+direct expenses-closing stock will give u cost of goods sold. Sales-Cost of goods sold=Gross profit Note- when sales return is given, we take net sale in the above formula (Sales-Sales return=Net sales) Similarly, If purchase return is given, we take net purchases(Purchase-purchase return) Net profit = gross profit-indirect expenses like salary,rent,commission on sales etc
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Sir,One question:
Asset = liability+capital
But liability asset kaise ho sakti h?
Doubt is regarding question no. 1
Where capital is 2L, liability is 3L and you are saying asset is 5L?
Call us on 6204547475 we will explain
Mast
Thank u
Sir if possible, 1-2 question upload kijiyenga, balance sheet K liye, aur agar apke pass Samay Ho to Trail Balance and rectification par Ek example upload kijiyenga, hum Jyada practice nhi kr payenge, Sir. Apke videos se hi Sikh rhe h, and yr way of teaching is very nice.keep it up
Thank u Pankaj Sir...Rectification of error is being uploaded...It will take time due to slow net connectivity.
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Thanks sir...
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Sir plz upload video on final accounts before xam
Pls provide English subtitle, sir. So that Non-hindi people can understand and follow. Pls
in case 3, if we wish to sell the stock at a higher price, say 1200 (as is always done, so as to earn profit) then stock would be reduced by 1000 while cash would have to increase by 1200. how do we accommodate such cases?
Profit will go to liability side. because profit is added to capital or revenue
Mac millan page 226 q.5
Some account topics are not available in TH-cam where can i get sir
What are included in capital
Op stock 700, closing stock 100, purchase of stock 1240, purchase return 40, wages 200, factory expenses 70, freight 80, other direct expenses 50, amount of net sales 3000, calculate the Gross Profit?? Sir pls solve this with explanation. Thanks
Opening stock+purchase+direct expenses-closing stock will give u cost of goods sold.
Sales-Cost of goods sold=Gross profit
Note- when sales return is given, we take net sale in the above formula (Sales-Sales return=Net sales)
Similarly, If purchase return is given, we take net purchases(Purchase-purchase return)
Net profit = gross profit-indirect expenses like salary,rent,commission on sales etc
Learn With Vipul sir, we need( -) wages, factory expenses and freight. ??
Yes...all direct expenses
Kindly upload videos on final accounts
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sir what is reserve and surplus?
Income/profit
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sir pls video continue bnaiyega
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Sales=85000
Operating exps= 20000
Net profit = 15000
Then gross profit = ????
35000...what is the ans given?
In this que, U can use formula-
Net profit= Gross profit-Operating expenses
Thank u sir
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