Lecture 04- Trial Balance & its Relevance

[@krushnapathade5354]

2:53 format of profit and loss account
4:32 why its written as trading profit & loss account
6:10 direct expenses
7:35 why we call them direct expenses
9:45 gross profit
11:07 indirect income
13:23 indirect expenses
17:02 more about profit and loss account
19:06 balance sheet
20:24 liabilities
23:08 assets

[@ganeshbhagat5410]

Thank you sir for wonderful learning

[@SpreadsheetInsider]

Other incomes are taxed at the source mostly, so what should be the method deal these incomes in profit and loss statement?

[@pravinpatel4772]

Thank you Sir...
Fantastic Learning!!!

[@yasmin_thelight6789]

Thank you!! I'm learning soo much

[@Ganiiisuccess]

Thank you sir

[@anirbandasgupta6939]

First of all many many thank you.

[@Rajanshukla669]

Thank You SIR 🙏

[@anirbandasgupta6939]

I cannot find Lecture no. 5.

[@themessi7088]

But if they do not come to the office why will they get the salary?

[@dr.anilpoman9491]

nice

[@arijitdutta5484]

Nice

[@northernvlog4328]

Sir as you told in the lecture that there is no opening balance in the income statement. I have a little bit confusion the closing balance of this year can be an opening balance of next year so when we're preparing income statement in the next year there is a opening balance.

[@yashinaniya-axelor2524]

No, the closing balance for this year is transferred to the retained earnings account(equity) and all P&L are zeroed before closing the fiscal year. This is why we have opening balances shown in the balance sheet but not in income statement

[@santoshjha3405]

Thank you sir.

[@nidhisharma4389]

Sir lecture 3 is missing

[@nidhisharma4389]

Pls upload

[@sunilbasker]

Sir, "Lecture 03" is missing

[@sunilbasker]

Sorry my mistake, found the video

[@BindaasBapu]

Sir pls upload this ppt

[@pradeep200417]

PPT is available if you register for the course.

[@zargulkhan7]

​@@pradeep200417sir, recommended book?

[@ganeshbhagat5410]

White collar employee and blue collar employee