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📢✨ New Video Uploaded — Partnership Accounts (Part 3) ✨📢
This video continues Partnership Accounts and covers important concepts related to Reconstitution of Partnership in a clear and exam-oriented way 📘✍️
📌 Topics covered:
➡️ Meaning of Reconstitution
➡️ Sacrificing and Gaining Ratio
➡️ Accounting of Goodwill
➡️ Revaluation of Assets and Liabilities
➡️ Revaluation Account
➡️ Memorandum Revaluation Account
➡️ MCQs
▶️ Watch now 👇
https://youtu.be/QGEcOT0G4Wkl
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📢✨ New Video Uploaded — Partnership Accounts (Part 2) ✨📢
This video continues Partnership Accounts and focuses on Profit & Loss Appropriation Account and related concepts, explained clearly for exam preparation 📘✍️
📌 Topics covered:
➡️ Meaning of Profit & Loss Appropriation Account
➡️ Difference between Charge and Appropriation
➡️ Format of Profit & Loss Appropriation Account
➡️ Difference between P&L A/c and P&L Appropriation A/c
➡️ Illustration on Profit & Loss Appropriation Account
➡️ Interest on Capital
➡️ Interest on Drawings
➡️ Partner’s and Manager’s Commission
➡️ Other Important Points
▶️ Watch now !!
https://youtu.be/7SYyulzz91U
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📢✨ New Video Uploaded — Partnership Accounts (Part 1) ✨📢
This video covers the fundamentals of Partnership in a clear and exam-oriented way, forming the base of Partnership Accounts 📘✍️
📌 Topics covered:
➡️ Meaning of Partnership
➡️ Essentials of Partnership
➡️ Features of Partnership
➡️ Types of Partnership
➡️ Types of Partners
➡️ Rights and Liabilities of Partners
➡️ Partnership Deed
➡️ Provisions in Absence of Partnership Deed
➡️ Capital Accounts of Partners
➡️ Illustrations
➡️ MCQs
▶️ Watch now !!
https://youtu.be/F8S0hYIWU58
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Hello dear students.
Since I was Superintendent at one of the centres of Junior Assistant exam, I could not work on videos. This was a very hectic task. Now that I am free, I'll start uploading the videos. I will upload part one of Partnership Accounts in the evening.
Thank you.
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📢✨ New Video Dropped — Bank Reconciliation Statement (BRS) ✨📢
This video covers Bank Reconciliation Statement in a complete and exam-oriented way, with concepts, procedure, and illustrations 📘✍️
📌 Topics covered:
➡️ Meaning of Bank Reconciliation Statement
➡️ Features of BRS
➡️ Bank Statement / Pass Book
➡️ Meaning of Debit and Credit Balance
➡️ Reasons for Difference between Cash Book and Pass Book
➡️ Procedure of Preparing BRS
➡️ Format of BRS
➡️ Preparation of BRS
➡️ Illustrations
➡️ MCQs
▶️ Watch now!!
https://youtu.be/HY9p37c0iVs
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✅️ I have updated answers of all the MCQs which are at the end of the videos.
You can find them in the pinned message on this channel. 👆
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📢✨ New Video Uploaded — Single Entry System of Accounting (Complete) ✨📢
This video covers the entire Single Entry System in one place, with concepts, comparisons, methods, and MCQs 📘✍️
A complete video to build strong understanding for exam preparation.
📌 Topics covered:
➡️ Meaning of Single Entry System
➡️ Types of Single Entry System
➡️ Features, Advantages & Disadvantages
➡️ Difference between Single Entry and Double Entry System
➡️ Statement of Affairs
➡️ Statement of Profit and Loss
➡️ Differences (Balance Sheet vs Statement of Affairs, P&L A/c vs Statement of P&L)
➡️ Conversion Method
➡️ MCQs
▶️ Watch now !!
https://youtu.be/DsMNKb-Bdwg
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📢✨ New Video Uploaded — Adjustments in Financial Statements (Complete) ✨📢
This video covers all important adjustments in one place, with clear explanations, practical examples, and MCQs 📘✍️
A must-watch to complete your Financial Statements preparation.
📌 Topics covered:
➡️ Meaning of Adjustments
➡️ Outstanding Expenses
➡️ Prepaid / Unexpired Expenses
➡️ Accrued Income
➡️ Income Received in Advance
➡️ Depreciation
➡️ Bad Debts
➡️ Provision for Bad or Doubtful Debts
➡️ Provision for Discount on Debtors
➡️ Manager’s Commission
➡️ Interest on Capital
➡️ Interest on Drawings
➡️ MCQs
▶️ Watch now !!
https://youtu.be/P0RXyvqSQpo
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Hello dear students.
Apologies for the recent lack of video and MCQ uploads due to unavoidable family circumstances. I understand the urgency and will resume uploads tomorrow. Thank you for your understanding.
