Short summary: Assumptions -> 1. Bussiness entity assumption: Every Bussiness has a seperate unique identity(Lalaji and Dukaan are both different, maintain accounts of only bussiness entity which is Dukaan) 2. Money measurment assumption: Only write entry in terms of money(convert other units in terms of money), do not write any other things in accounts other than money 3. Going on concern: Bussiness is assumed to be long lasting, it is a continuing enterprise 4. Accounting period assumption: Life of business is divided into short terms, this is to enable different regesters for different period through which we could compare the growth of different periods Common words-> 1. Capital - Lalaji ke paise jo unne business mein dale ab wo paise dukaan ka capital ban gaya 2. Liabilities(karja) - Loan, Creditors(money yet to give to others), outstanding payments, agar lalaji ne kisi se dukaan ke liye udhaar liya to wo liability hai dukaan ki 3. Assets - Things, Debtors(money yet to recieve from others), Prepaid expense Capital + Liabilities = Assets Thank you Naresh sir for explaining the concepts in a wonderful manner.
Hello sir, I am glad to have your lectures over the channel. My very meaningful request to you that whenever you are writing on the board please use the international language (English) rather than the language you have used. We partially get to learn your lecture.
Sir, You are a great teacher. Only with the help of watching your videos I have completed B.Com and M.Com by correspondence at the age of 47. I request all Hindi known commerce students watch Sir's videos and get good marks.
M science student and now m doing MBA sir ki batte aisi h ki kbi b sun lo learn kr lo ek ek word bilkul shi or knowledgeable aise teachers bht km hote we r blessed to have u sir🙏🙏
A message to those who are sitting in front of him , while he is teaching. You people are lucky. as graduation builds foundation , you have luckily got a brilliant , interactive and engaging teacher. cherish every moment. I consider myselves lucky too as im attending his lectures online.
I am watching the video from Pakistan.I had graduated from top Pakistani institution but can't understand the concept of Accounting. Thank you Lala g😉♥️ Much respect and love for you!
This video will cross millions of like in the coming future. This video is full of concepts and examples.Thanks a lot to the Teacher🙏🙏🙏 Everybody should watch this video
Teachers like u make sub easy even having difficult subject. I must say Sir U have up to the mark teaching skills.... First time I m loving accounting. Keep it up sir!
I like how the simplify very high level complex problems I am an CPA candidate and I listen to you in my free time to make sense of things and it really helps thank you so much I would love to meet you someday
Thanks for awesome lecture.. that's the difference between normal teacher and CA ... Non commerce students can easily learn anything from this channel ..
Jo teacher padhate samay har baat example se samjhata hai wo mera interesting teacher hota hai. Its my luck sir that I got you on youtube Heartly Thanks to you sirji🙏🙏
I used to stay away from Finances because I hardly got a teacher who could have explained me in simple, understandable, and relatable way! Thank you so much!
I am from pakistan . Sir ... Thank you ... For this lec ... 😊 mujh accounting smjh e nai a rhi thi pr es lec k bd lg raha h k itni mushkil ni h accounting jitna m smjh ri thi 😊😊😊
Super intelligent teacher very experienced Kash pehle ye channel Kyu Nhi mila mujhe 3 din baad accountancy ka exam ha Lekin Kuch v Samj Nhi aya tha Abi Samj aaya to time hi Nhi ha
I have completed my b.com in 2017 and I m doing the job in Kuwait but I 4got all my accounting, so I m recovering it through ur reliable videos.i hope I will get all my required and 4gotten data...Thank u sir..
Sir 5 march 2020 ko mera accounts ka paper hai.....and puri tyari ho gyi hai... Class 12th . Apki playlist ne bahut help kiya sara confusion jo mind me aata hai wo aap bata dete hai.....and sir apki video muje 12th me aane ke baad mili... Or 12th ka pre-board me to 70 marks tha..out of 80 Aab bs board me bhi itna lana hai...😊😊😊. . Thankyou sir bahut sara thankyou... Aaj ye video dekh raha kyuki mind me achank aaya ek baar 11th ke start wali video dekhu sir ne start kaise krwaya tha... Aapke jaise tearche sb hote to padhne me mja aata😋
Thank you so much Sir . For explaining the concept so beautifully. No body will forget the concepts life time. Concepts are taught considering confusion of students. 🙏
Guru ji... Your such a genius 🙏🏼🙏🏼 What a theory Sir.. no words to say... Your great.. I'll never forget the concepts after watching your videos. Kudos to you..thank you so much Sir.. !!
Thank you sir! the way you explain each and everything so clearly with examples is so wonderful that its really making me to watch more on accounting to enrich my knowledge.Wonderful!!
Short summary:
Assumptions ->
1. Bussiness entity assumption: Every Bussiness has a seperate unique identity(Lalaji and Dukaan are both different, maintain accounts of only bussiness entity which is Dukaan)
2. Money measurment assumption: Only write entry in terms of money(convert other units in terms of money), do not write any other things in accounts other than money
3. Going on concern: Bussiness is assumed to be long lasting, it is a continuing enterprise
4. Accounting period assumption: Life of business is divided into short terms, this is to enable different regesters for different period through which we could compare the growth of different periods
Common words->
1. Capital - Lalaji ke paise jo unne business mein dale ab wo paise dukaan ka capital ban gaya
2. Liabilities(karja) - Loan, Creditors(money yet to give to others), outstanding payments, agar lalaji ne kisi se dukaan ke liye udhaar liya to wo liability hai dukaan ki
3. Assets - Things, Debtors(money yet to recieve from others), Prepaid expense
Capital + Liabilities = Assets
Thank you Naresh sir for explaining the concepts in a wonderful manner.
Hello sir, I am glad to have your lectures over the channel. My very meaningful request to you that whenever you are writing on the board please use the international language (English) rather than the language you have used. We partially get to learn your lecture.
Gd
Nice
@@hamayoonkhan8475 sir bol bhi to hindi me rhe hai vo tumko kaise smjh aa rhi phir lol
Kjkkj
How lucky the institute and students are!!!
The way he teach, the way he explain & examples are extra-ordinary.
Salute to u Sir....
Sir, You are a great teacher. Only with the help of watching your videos I have completed B.Com and M.Com by correspondence at the age of 47. I request all Hindi known commerce students watch Sir's videos and get good marks.
nice bro
At age 47 ... inspiring 👍
At the age of 47..!! Just 😳😲😲😮😮😮
What are u doing in present days
I don't know hindi..what can I do
CA. Mr. Naresh Aggarwal you are an excellent teacher/instructor/narrator in financial accounting.
I'm so thankful we have teachers like you on TH-cam 🙂
He is awesome teacher
where is the next lecture? Can anyone please share link
Sir ko itna pata he to sir khud kyu nhi practically krte 😂😂😂😂😂
Haan yrr
You must thanks jio also....
M science student and now m doing MBA sir ki batte aisi h ki kbi b sun lo learn kr lo ek ek word bilkul shi or knowledgeable aise teachers bht km hote we r blessed to have u sir🙏🙏
A message to those who are sitting in front of him , while he is teaching. You people are lucky. as graduation builds foundation , you have luckily got a brilliant , interactive and engaging teacher. cherish every moment. I consider myselves lucky too as im attending his lectures online.
Hi 😊 in which course you are?
Hello sir..u are best ..kash humare time pe aapke jaise teacher hote..
I am watching the video from Pakistan.I had graduated from top Pakistani institution but can't understand the concept of Accounting.
Thank you Lala g😉♥️
Much respect and love for you!
aap dunya ke sabse best teacher ho agar aap jaise sab hojaye to padhai aasan or interest aayega
Aaise samjhane vala life mein koi miljai toh bass👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻
Mil gya Bhai(sir mil gye hai)
❤❤
Mil to gya hai
Hnnnnn yarrr
bhai mar kar to msg nahi kar rahe ho.. life me hi ye teacher mila hai😂😂
This video will cross millions of like in the coming future. This video is full of concepts and examples.Thanks a lot to the Teacher🙏🙏🙏 Everybody should watch this video
Teachers like u make sub easy even having difficult subject. I must say Sir U have up to the mark teaching skills.... First time I m loving accounting. Keep it up sir!
Sir I am from Bangladesh.Trust me ur teaching method is incredible. May Allah bless u
I like how the simplify very high level complex problems I am an CPA candidate and I listen to you in my free time to make sense of things and it really helps thank you so much I would love to meet you someday
Sir, the way u teach is just impressive, I wish all the teachers would adopt ur teaching method.
Thanks for awesome lecture.. that's the difference between normal teacher and CA ... Non commerce students can easily learn anything from this channel
..
Jo teacher padhate samay har baat example se samjhata hai wo mera interesting teacher hota hai. Its my luck sir that I got you on youtube Heartly Thanks to you sirji🙏🙏
extraordinary performance sir!
#love from Pakistan
I'm from IT background jisko kuch bhi knowledge nhi tha accounts ka...bahut achha samjhaya sir aapne or ekdum basics se..very nice 🙂
Sir u are the worlds no 1 teacher in the world
The Best Explaination possible👌. Made it easier for even a science student like me ✌. We need more teachers like you sir.
After watching ur lectures, accountancy looks easy...
Love from Pakistan .
thanks sir for your lectures.
its better than our uni lectures.
iwish hmary teacher bhi apki trah smjha skty.
Inna achhe se to collage me sir nhi smjhate the aap ne bahut achhe samjhaya sir thanku
I used to stay away from Finances because I hardly got a teacher who could have explained me in simple, understandable, and relatable way!
Thank you so much!
Brilliantly Explained! Thank you for the video...We need more teachers like you Sir
Sir your the best teacher of account on this planet
Rightly said
❤❤
😂😂😂
You are a perfect example of a perfect teacher 🔥🔥❤❤ !!
Sir I passed accounting for managers subject watching your videos..thank you so much
Legend personality for easy understanding of accounts🙏🙏🙏🙏
Ye video bcom k student liye h nn
Sir, U are Great for free ACCOUNTS service to Nation. GOD BLESS YOU AND YOUR FAMILY.
Sir to good aj kisi sir na itna acha se nai study karwya
Lockdown best teacher in students life
Ha yarr
U ss
Excellent explanation...Real life examples makes it so easy to understand.
It's too good sir... Humko itna samjhmai Aa raha hai ki ab to hum aap ko vi samjha daigai. 🙏🙏🙏🙏🙏
I am from pakistan .
Sir ... Thank you ... For this lec ... 😊 mujh accounting smjh e nai a rhi thi pr es lec k bd lg raha h k itni mushkil ni h accounting jitna m smjh ri thi 😊😊😊
best teacher of accountancy. sir, clears all the doubts of mine
So simple your method of teaching and amazingly engaging and conveying !
Sir you are amazing god bless you sir kal mera exam hai mai aaj puri raat ko aapki videos ke through saare doubt clear kar lungi
Thank you sir
I m from pakistan. Your teaching style is very good and easy to understand. Wish to be your student. I will keep watching your videos. Stay blessed
Kasam se Bhai me Accounts se bhut darta tha ❤️❤️🥰🥰 or Aaj aapne. Etna ache se btaya ki kya batau ❤❤❤🎉 .
Me aapki sab video dekhunga 🎉🎉❤❤❤❤❤
Your students are luckey who have a teacher like you. I wish i would meet you in person some day and thank you.
Super intelligent teacher very experienced Kash pehle ye channel Kyu Nhi mila mujhe 3 din baad accountancy ka exam ha Lekin Kuch v Samj Nhi aya tha Abi Samj aaya to time hi Nhi ha
Best teacher I have ever seen hands of to u sir really an outstanding teacher u r my first and last wishes to meet u only
I have completed my b.com in 2017 and I m doing the job in Kuwait but I 4got all my accounting, so I m recovering it through ur reliable videos.i hope I will get all my required and 4gotten data...Thank u sir..
Sir,
You are a great great great teacher.❤
From Pakistan
kiya kamaal ka teacher hai aesa teacher mil jae kon kehta kaay koi bacha pass naa hoo pass kaa hayal bhe zehan saay nikal doo janab 100 percent banda correct hogaa.
HLO ~ aap BBA kr rhi ho yaa B.com
.
Plzz reply kriyega bhayya🙏😒
Sir ab bahut achhe se padate ho thanks sir
Bhagwan ho aap sir....god bless you..Bhagwan aapko aapki family Ko bhut khusiyaa dai aap sabko apni knowledge dete rehna..
Very clearly understand each concept thank u sir 😊
best teacher ever. lots of love sending from Nepal.
The class was inexplicably amazing...it all seemed very easy
Poonam Bhatia can you help me and tell best free accountancy teacher
You r d best teacher...style of teaching is too 👍🏻 gud n easy to understand everyone...
Sir You Explain Very Clear And Suitable For Accounting Students Thanku So Much Sir
Sir 5 march 2020 ko mera accounts ka paper hai.....and puri tyari ho gyi hai... Class 12th . Apki playlist ne bahut help kiya sara confusion jo mind me aata hai wo aap bata dete hai.....and sir apki video muje 12th me aane ke baad mili...
Or 12th ka pre-board me to 70 marks tha..out of 80
Aab bs board me bhi itna lana hai...😊😊😊. .
Thankyou sir bahut sara thankyou...
Aaj ye video dekh raha kyuki mind me achank aaya ek baar 11th ke start wali video dekhu sir ne start kaise krwaya tha...
Aapke jaise tearche sb hote to padhne me mja aata😋
Thank you so much Sir . For explaining the concept so beautifully. No body will forget the concepts life time. Concepts are taught considering confusion of students. 🙏
The way he is teaching this! ....I wish everyone gets this type of understanding teacher!!♥️
Yes
If there are any notes, please share them with me
You're really great sir 👏 ... specially your examples...your way of teaching is incredible 👏
maths ke liye sabse badhiya channel asish kumar lets learn.....kasam se mazza aah jayega
MashAllah Sir. Love from Pakistan.
Back to u from India.......
Love u 💝 from Kashmir
Love you too
Jay shree raam 🚩🚩🚩
Thank you so much for this educational video, I learned so much.
Guru ji... Your such a genius 🙏🏼🙏🏼
What a theory Sir.. no words to say... Your great.. I'll never forget the concepts after watching your videos. Kudos to you..thank you so much Sir.. !!
I love u
In which course you are
Very nice
finally got interest in accounting. thanks to this legend.
A gem on youtube you are Sir
You teach so well,I am banker and preparing for JAIIB,but following your vedios for basic understanding.Science student.
Sir aap itna accha kasse samjha lete ho..
Thankyou soo much sir..
You are the best
aishe parhao ge to koi fail nehi karega sir ❤ You are just awsome 😎
Waooo....!!!! W8 a nice explanation Sir. ...I am so thankful to have a teacher like uu....👌👌👌👌👌👌
Starting cycle example 😂 accounting subject se piyar hogya ❤️🔥
Thank you sir...I am from Pakistan..both nice samjhaya apny. ..love from Pakistan...💖
thanks dear..
Amazing class i understood every concept truly masterpiece
Thank you sir! the way you explain each and everything so clearly with examples is so wonderful that its really making me to watch more on accounting to enrich my knowledge.Wonderful!!
Very informative. Examples are very friendly. Love from Pakistan 🇵🇰
Thank you so much sir. Your explanation is wonderful✨
Sir your way of teaching is fantastic. This are very helpful videos. Thank you.
Thank you so much sir bhot ache se concept clear ho gya 🙏♥️😇
Lock down best teacher . Thank you sir
One of the best tutors on youtube. So glad for your videos! You explain the topics with such ease and so effortlessly..!
Hiii
You read in commerce
Nope
I'm doing Computer Science. This subject is also in syllabus
Hii
Sir, your style of teaching is exceptional.
Sir ap bhut acha sa smjhty ho. 😇thnk you so much sir
Thank you sir ji
Aap ke video se bhut motivation milta hai pdne me
BBA ke sab subject ke video dal dene sir thank you so much ❤️🥰
Marvellous sir ji as the tactics and ur art of teaching really appreciable
You are super teacher. Dhanyawad Guru ji.🙏🙏🙏🙏
Thanks Guruji for quality teaching 🙏🙏🙏🙏
Waah bhai bade heavy teacher ho tam te
Sir I am Ahmad i have watched your lessons it is so useful thanks again
Sir you are king of Accounting
i loved this session. very good with logical explanations
Your are great sir👍aap bohat achey se samjhatey ho sir.....Thank you very much sir
Accounting assumptions 14:00
Accounting Equation 27:00
Evary teacher must be like this
great experience I hv owe with ur classes......... continue n carry on sir.....
the way yu start is ........................ wowwwww
So beautifully explained ❤️
Omg sir you are the best teacher ever ❤️
Thanks for explaining meaningfully. Aapne hamien aapke karzdar(creditor) Bana diya.
गुरु जी आप के पढने का तरीका बहुत ही अच्छा होता है । आप को तहे दिल से मेरा प्रणाम । प्रणाम स्वीकार करे ।🙏😘🇮🇳
Amazing sir your doing commendable job
Sir u have Really great art of teaching...