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Commerce Shruti
Приєднався 2 лис 2023
Welcome to Commerce Shruti...
A channel dedicated to demystifying accounting for class 11&12 students.
I am Preeti distinguished academic professional with a proven track record. Having earned a gold medal during my Master's program, I have dedicated my career to furthering knowledge as a Research scholar.
As an educator and scholar, my mission is to empower next generation of accountants by providing clear, concise and accessible explanations of complex accounting concepts. I understand the challenges students face and that's why I've launched this You Tube channel where you will find in-depth tutorials, practical examples and insightful tips to help you grasp the fundamentals of accounting.
A channel dedicated to demystifying accounting for class 11&12 students.
I am Preeti distinguished academic professional with a proven track record. Having earned a gold medal during my Master's program, I have dedicated my career to furthering knowledge as a Research scholar.
As an educator and scholar, my mission is to empower next generation of accountants by providing clear, concise and accessible explanations of complex accounting concepts. I understand the challenges students face and that's why I've launched this You Tube channel where you will find in-depth tutorials, practical examples and insightful tips to help you grasp the fundamentals of accounting.
Trial Balance I Error in Trial Balance I Class 11 Accounting I Accounting Basics
Trial Balance I Error in Trial Balance I Class 11 Accounting I Accounting Basics
Welcome to Commerce Shruti! In this video, we’ll discuss the concept of Trial Balance and explore the Errors in Trial Balance, an essential topic in Class 11 Accounting.
A Trial Balance is a statement that lists all the ledger account balances at a particular date. It helps in verifying the mathematical accuracy of the ledger postings, ensuring that total debits equal total credits.
Errors in Trial Balance occur due to mistakes in the recording or posting of transactions. Common errors include:
Errors of Omission - When a transaction is completely or partially omitted.
Errors of Commission - When incorrect amounts are recorded or posted to the wrong account.
Errors of Principle - When accounting principles are violated.
Compensating Errors - When one error cancels out another.
Key points covered in this video:
What is a Trial Balance?
Importance of preparing a Trial Balance.
Common errors affecting the Trial Balance and how to detect them.
Practical tips for rectifying errors.
By the end of this video, you will have a strong understanding of Trial Balance and the various types of errors, preparing you for your accounting studies and practical applications.
#TrialBalance #ErrorsInTrialBalance #Class11Accounting #CommerceShruti #AccountingConcepts #LearnAccounting
Welcome to Commerce Shruti! In this video, we’ll discuss the concept of Trial Balance and explore the Errors in Trial Balance, an essential topic in Class 11 Accounting.
A Trial Balance is a statement that lists all the ledger account balances at a particular date. It helps in verifying the mathematical accuracy of the ledger postings, ensuring that total debits equal total credits.
Errors in Trial Balance occur due to mistakes in the recording or posting of transactions. Common errors include:
Errors of Omission - When a transaction is completely or partially omitted.
Errors of Commission - When incorrect amounts are recorded or posted to the wrong account.
Errors of Principle - When accounting principles are violated.
Compensating Errors - When one error cancels out another.
Key points covered in this video:
What is a Trial Balance?
Importance of preparing a Trial Balance.
Common errors affecting the Trial Balance and how to detect them.
Practical tips for rectifying errors.
By the end of this video, you will have a strong understanding of Trial Balance and the various types of errors, preparing you for your accounting studies and practical applications.
#TrialBalance #ErrorsInTrialBalance #Class11Accounting #CommerceShruti #AccountingConcepts #LearnAccounting
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ISSUE OF SHARES I PRO - RATA I OVER SUBSCRIPTION I CLASS 12 COMPANY ACCOUNTS
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Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). What's the best way to send them to Binance?
Chahe pass book ka balance dr ho ya Cr entry to ek jaisi hi hongi na aise hi cash book me bhi chahe Cr balance ho ya dr
Thanks 👍🏻❤
You're welcome 😊
❤
Dimag ka dhi ho gaya yaar example se samjaya hota to easy padta....
10,000 - 10,000 20,000 kaise aaya change in profit
This confusion arises because the profit in August is a loss of ₹10,000, which is written as -10,000. When subtracting a negative number, it becomes addition. Let’s break it down clearly: The formula for Change in Profit is: Change in Profit=Profit in September−Profit in August Given: Profit in September = ₹10,000 Profit in August = ₹-10,000 Substitute the values: Change in Profit=10,000−(−10,000) Now, subtracting a negative number is the same as adding its absolute value: Change in Profit=10,000+10,000=20,000. I hope this is clear to you now.
@commerceshruti thankyou ✨
Di agr hmare paas liquid ratio h1.6:1,, or prepaid expenses h 10000 ,, CA h 20000 to liquid assets 10000 hoga kya
Yes dear, please provide me complete question and what is asked in question so that I can provide complete and clear information.
Calculation mistake hai..??
No there is no mistake
Thank you sister ❤
Welcome👍
Thank you so much ma'am 🙏🏻...it's very helpful
Welcome👍🙏🏻
Slow bolo ap,..😮
Sure👍
Maam please upload a video on calls in advance with practicals.
Sure will upload soon 👍
Cash flow examples?
I will upload a video with examples soon.
Abe entry sikh ke aa phele
so nicely you have explained the topics in short Thanks 😊
Thanks, keep watching🙏🏻
@@commerceshruti sure 👍🏻
What is working capital
Working capital is the money which business needs for its daily operations. The company needs cash to pay for things like rent, salaries, and buying materials. The formula for calculating working capital is Current assets - Current liabilities
Same question h but fixed cost given nhi h
If fixed cost is not given, you can calculate it using the formula: Fixed Costs=Contribution−Profit Where; Contribution = Sales × PV Ratio. After deriving the fixed cost, you can calculate BEP using the usual formula: BEP (Sales) = Fixed Costs / PV Ratio.
@@commerceshruti I have the same question which year's sales we have to take or we will get two different bep?
You can use the sales from any year to calculate fixed cost and the result will always be same. This is because fixed cost remains constant regardless of change in sales.
@@commerceshruti ab kya fayda paper ho gya
If fixed cost na ho toh ?
Thank you very much Ma'am ❤
Welcome 🙏🏻👍
👏🏻👏🏻
👏🏻👏🏻
Thanks ❤
You're welcome! 👍
Yeah ❤❤
Thanks👍
Ek suggestion dunga naak se mt boliye thoda irritating lagta hai.. bura lge sry
journal voucher and brs
Thanks
You're welcome!👍
Thanks Madam,bahut ache se explain kiya hai aapne
Welcome👍
Mam can I get your contact number
maam deservs more subscribers guys please share and subscribe
Thank you 👍
Slow
Sure 👍
Why December 31st march kyu nahi please reply me
Because depreciation calculate hora h as per calendar year (1 jan -31 dec) and first we will calculate depreciation for 2001 ( from 1apr to 31 dec total 9 months are there) then we will calculate for 2002.
Salary nd wages isme nh aata ky
No it will come in profit and loss account, as the word salary comes first.
Excellent video ma'am ❤❤
Thanks a lot 😊
Thnx mam🎉🎉
Welcome 👍
Can you explain with some example question
Sure I will upload next video which will be based on question.
Thanks didi
Welcome, keep watching👍
@@commerceshruti yeah I will for sure thanks again
Ma'am please upload a video based on question that start with the balance of Pass book.
Sure, the next video will be based on the same topic.
Easily smj agya
Thank you keep watching, long videos are also available for this topic.
@@commerceshruti how can i contact you
This is the telegram group ID, kindly join this group t.me/+9g3y_Vg7eZ9jNjNl
Pls make the video on interest on debentures with tds
Sure I will try to upload video soon, stay tuned👍
@@commerceshrutiMam how can i contact you i need some help in accounting
Thx aloot
Telegram ID t.me/+9g3y_Vg7eZ9jNjNl
❤
Super super 🎉🎉🎉
Thank you 😊👍
Nice explanation ❤🎉
Thank you 👍❤️
x ko dekh kar mai to darjata hu sin@ cos@ ke torcher wale din yaad aajate hai
This is easy you will be able to solve this.
Mam ye 100x+25x ke baad denominator vala 100 kaha gya?@@commerceshruti
Thank you mam very helpful video❤
Welcome keep watching👍❤️
Very informative video ma'am. Thanks for sharing.🙂
Thank you ☺️ 👍
Good information 😊
Thank you 👍
Thanks ji😊
Welcome 👍
Thanks jii😊
Welcome👍
Nice explanation ❤❤
Thank you keep watching 👍😊
Excellent video ❤❤
Thank you 👍
A cheque for Rs 27,000 drawn by B. Philip had been charged to A. Philip’s bank account by mistake in December, 2022 ye batao
Share complete question with me.