Consignment Accounts - Treatment of 'Normal Loss' and 'Abnormal Loss in Transit' (For B.Com/M.Com)

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  • Опубліковано 3 жов 2024
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    Described the concept, valuation and treatment of normal loss in consignment accounts. Further effect of normal loss in calculation of closing stock is also explained.
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    #Consignment #Accounting #AOA

КОМЕНТАРІ • 154

  • @sharadchauhan5553
    @sharadchauhan5553 3 роки тому +33

    Sir I am also a teacher but you are my ideal....hats off to you sir...🙏

    • @himanshidevta
      @himanshidevta 2 роки тому +2

      agar normal loss pehle hoga toh normal loss ki unit ko less karke abnormal loss nikalenge........sir

    • @poorvisharma632
      @poorvisharma632 2 роки тому

      @@himanshidevta jese he normal loss bola hai usi time calculate krna hai

    • @LubabaMaha-A
      @LubabaMaha-A Рік тому +2

      Sr...pls help me...if they had not written it is considered normal...then the leakage oil...we will consider abnormal loss?

    • @seema_3306
      @seema_3306 Рік тому +1

      ​@@LubabaMaha-Ayes

    • @TheskyGamer_
      @TheskyGamer_ 7 місяців тому

      Hi

  • @Rj.creates
    @Rj.creates 2 роки тому +7

    India's best accounts teacher, conceptual clarity🙌💯👍😍

  • @Sbharti.2629
    @Sbharti.2629 Рік тому +8

    Tomorrow is my CA Foundation exam n i was not confident on this chapter but after watching this...... thnkkkkkuuu sooo much sir

    • @HeheheheYowaimo
      @HeheheheYowaimo Рік тому

      Or exam m consignment aya hi nhi 😂😂😂

    • @Sbharti.2629
      @Sbharti.2629 Рік тому

      @@HeheheheYowaimo hn yr😭😭

    • @blackytgamingff6321
      @blackytgamingff6321 2 місяці тому

      hmmmmmmmmmmmm CA ban gye????????? yaaaaaaaa abhiiiii exam dere hooooooooo??????? [zarur reply dena bhai]

    • @Sbharti.2629
      @Sbharti.2629 2 місяці тому

      @@blackytgamingff6321 ca inter ka paper hai bhai sept mein

  • @sureshsolanki1111
    @sureshsolanki1111 5 років тому +33

    real concept of accounting /debit-credit lectures are very important. thanks sir.......

  • @omsahu7356
    @omsahu7356 Рік тому +1

    SIR ISS NORMAL LOSS WALE CONCEPT MEIN MAI KBSE ATKA HUA THA... SAMJH HI NHI RHA THA.... FIR ABHI APKA VIDEO DEKHA... SB SAMJH AA GYA 😊😇 Thankyou Sir 🙏😇

  • @vikrantbhauraozade371
    @vikrantbhauraozade371 3 роки тому +8

    sir ......once again ......thanks a lot for clearing our doubt by practical example ................

  • @0ravindra
    @0ravindra 3 роки тому +2

    Sir really east our west CA NARESH AGGARWAL SIR IS BEST 🙏🙏🙏🙏

  • @palashsarkar4550
    @palashsarkar4550 5 місяців тому +1

    Lovely Sir. Great respect & reverence from core of my heart

  • @muhammadshoaib4256
    @muhammadshoaib4256 Рік тому +1

    sir you are the best teacher for the accounts

  • @rakeshkrhalder6134
    @rakeshkrhalder6134 5 років тому +4

    Really so good lecture tha..... mera concept clear ho gaye

  • @renugupta2671
    @renugupta2671 3 роки тому +2

    Very good teaching, mera doubt bilkul clear ho gya

  • @monalibelkhede9089
    @monalibelkhede9089 2 роки тому +2

    Thanks sir aapki teaching hamare bohut kam aati he sir thanks sir

  • @bhawnasharma1234
    @bhawnasharma1234 4 роки тому +1

    Sir aap bhaut acha padate ho every concept ko clear ker dete ho

  • @AmitKumar-ii5kb
    @AmitKumar-ii5kb 5 років тому +2

    sir your teaching concept is so bettet and good i like your all classes

  • @arunbhatti963
    @arunbhatti963 4 роки тому +2

    sir aap bhut accha krwate ho... Tq sir

  • @passionjiguru8669
    @passionjiguru8669 5 років тому +2

    You are best forever sir... And our concept is best of best ..... Love u sir

  • @ajstyle6118
    @ajstyle6118 2 роки тому +1

    Thanku sir aaj mera exam tha, pura saal nahi padha tha sirf last ka 2 din aap ka pura videos dekha, aur exam op gaya🥰🥰

  • @xys123
    @xys123 4 роки тому +1

    Sir ye topic bht difficult lgta tha apne bht easily bta diya thank you so much 😊😊

  • @HarjinderKaur-hh7hq
    @HarjinderKaur-hh7hq 3 роки тому +3

    Really very happy for this lecture

  • @parneetsingh.
    @parneetsingh. 9 місяців тому +2

    You are best sir

  • @anishKumar-xt5mr
    @anishKumar-xt5mr 2 роки тому +1

    Thank you sir ❤️apke help se mujhe concept clear hogya 😍😊❤️😀💕

  • @smitjain3091
    @smitjain3091 4 роки тому +2

    Sir aap bohot help karte ho thankyou sir !!!!!
    Meri request hai ki aaap ca foundation ke module ke question karao plzzzz sir

  • @RajaRaja-ky7co
    @RajaRaja-ky7co 5 років тому +3

    reorder quantity- 6000 units, minimum stock level to emergencies-5weeks, Average lead time-4weeks,Average consumption rate per week-500units,minimum consumption in 4weeks-1600units.Calculate Reorder level & Maximum level of stock.sir please please solve this question and send

  • @rohitprasad3739
    @rohitprasad3739 5 років тому +10

    Nice sir but I need a video on Del credere commission in consignment account please upload a video on this thank u sir

    • @Cmamonesh
      @Cmamonesh 4 роки тому +1

      Del Credere is an Extra Commission paid by Consignor to Consignee for Bearing The risk of bad Debts on Credit Sales.
      Its pretty simple calculation .just apply the Given % on total sales.
      If there is a clear instruction to calculate on Credit sales then apply the % on Credit sales only.

  • @sanatgamingvlogs3249
    @sanatgamingvlogs3249 Рік тому +3

    Consignment a/c chap. ka khali 3 video hai sir kese padhe ham pura chapter

  • @poorvisharma632
    @poorvisharma632 2 роки тому +2

    Thanku Sir awesome lecture 🙃🙃🙏🙏

  • @ZaheerAhmad-bq1in
    @ZaheerAhmad-bq1in 3 роки тому +1

    Thunkyou sir ap bht ache read krwt ha

  • @shiekhmazzi201
    @shiekhmazzi201 4 роки тому +1

    Sir Allah apko boht boht boht boht khsuh rkhy sir ap bht kamal ka smjhaty ho love from Pakistan
    ...
    Parso hamara paper bhi ha 😍

    • @indranujdatta9774
      @indranujdatta9774 3 роки тому

      Kaisa gya exam?

    • @shiekhmazzi201
      @shiekhmazzi201 3 роки тому

      @@indranujdatta9774 Alhmdulilah sir bht acha howa Debentures sy question bht easy tha ap ki smjhai hwi topic sy enteries ai oska ilawa Ma sha Allah acha ho gaya bht cost ka bhi bht acha howa

  • @SushilKumar-wc8ur
    @SushilKumar-wc8ur 3 роки тому +2

    Brilliant.... Well explained.... 👌🏻👌🏻

  • @advitiya7781
    @advitiya7781 2 роки тому +1

    sir agar ques me load bhi given ho toh initial cost me usse bhi add krenege ?

  • @himanshidevta
    @himanshidevta 2 роки тому +1

    agar normal loss pehle hoga toh normal loss ki unit ko less karke abnormal loss nikalenge........sir please reply for this question.

  • @harshbehwal713
    @harshbehwal713 5 років тому +1

    thanks sir nice video and this video clear my all consignment doubts🤗

  • @hashirmumtaz8009
    @hashirmumtaz8009 2 роки тому +1

    Sir Thanks from Pakistan ❤️👍👍

  • @arvindchavda8262
    @arvindchavda8262 3 роки тому +1

    Very nice explanation sir

  • @legiongaming3624
    @legiongaming3624 2 роки тому +1

    Very good explanation sir

  • @digdarshanaryal7291
    @digdarshanaryal7291 Рік тому +1

    Thanks sir.. . . . .

  • @ankitmaheshwari8924
    @ankitmaheshwari8924 4 роки тому +2

    Woweeiii sir nice teaching

  • @RockySaini-rj7iu
    @RockySaini-rj7iu 3 роки тому +2

    Thank you sir 🙂

  • @animeshnath353
    @animeshnath353 2 роки тому +1

    Sir you are great

  • @Sonuthakur-me3qu
    @Sonuthakur-me3qu 3 роки тому +2

    Thank you so much sir ji

  • @arnab3603
    @arnab3603 4 роки тому

    Sir Proportional expenses kab lena hota hai? Unsold stock me humlog direct Cost of product + Consignor expenses - Goods lost in transit + consignee expenses karke bohat jagah nikala jata hai. But kuch questions me proportional expenses of consignor liya jata hai. Which method is correct or kab proportionate expenses of consignor karke solve karna hai. Plz clear the doubt

  • @dnyaneshwarlothe8061
    @dnyaneshwarlothe8061 Рік тому +1

    Thank You sir

  • @drfaizansherwani7875
    @drfaizansherwani7875 2 роки тому +1

    Great sir 👌

  • @fayyazkhan3177
    @fayyazkhan3177 3 роки тому +1

    Very accurate explanation

  • @faranmirani9203
    @faranmirani9203 5 років тому +1

    Very nice explanation 👍

  • @optionhunter.
    @optionhunter. 2 роки тому +1

    Thankyou very much Sir ji 🙏🥰

  • @mapa5497
    @mapa5497 2 роки тому +1

    Thank you sir

  • @GUILTY-DEVIL
    @GUILTY-DEVIL Рік тому +1

    THANK YOU SIR ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

  • @nuhmulla4292
    @nuhmulla4292 Рік тому +1

    Thank you sirrrr

  • @ramcharan9391
    @ramcharan9391 5 років тому +1

    Nice explanation thanku sir

  • @goharliaqat5150
    @goharliaqat5150 5 місяців тому +1

    Thanks ☺️☺️☺️☺️

  • @manushresthrao1308
    @manushresthrao1308 4 роки тому +1

    Thank You Very Much Sir 🙏🏻

  • @manishajhavlogs
    @manishajhavlogs 5 років тому

    Thanks sir aap bhot achhe se samjhate ho

  • @pushpak5939
    @pushpak5939 3 роки тому +1

    Thank you sir

  • @PankajPankaj-bh2to
    @PankajPankaj-bh2to 5 років тому +2

    Thanks u sir

  • @ibadahmed6812
    @ibadahmed6812 5 років тому +1

    Very helpful

  • @mdjassimakthar1988
    @mdjassimakthar1988 3 роки тому

    Sir kuch saman bach jaye to kya ham use consignee k account me dr k taraf dal sakte hai kya

  • @bhaktidhanwani734
    @bhaktidhanwani734 2 роки тому

    Thank you sir . One doubt osing stock me consignee k karche add nahi karne?

  • @SureshKumar-cy3ln
    @SureshKumar-cy3ln 3 роки тому +1

    Superb

  • @ananyashukla6140
    @ananyashukla6140 2 роки тому

    sir kuch topics jaise delcrede comm or val of stock or bhi kuch chize choot gyi , vo bhi kra dijiye

  • @RajeshSingh-xf5iu
    @RajeshSingh-xf5iu 3 роки тому +1

    Thak you sir so much

  • @yashverma0778
    @yashverma0778 3 роки тому

    what an amazing teacher tells every thing with concepts
    i think he is an student of PRAVEEN SHARMA SIR
    Janhit me jari........

  • @shahshaad1261
    @shahshaad1261 5 років тому +3

    Hello sir big fan plzz reply

  • @gangabakhsh6540
    @gangabakhsh6540 4 роки тому

    You are great Sir

  • @dwivedi0409
    @dwivedi0409 Рік тому +1

    Sir, come in ca foundation and make CA aspirants accounts easy ❤

  • @muskankhan-oi8ud
    @muskankhan-oi8ud 2 роки тому

    Nice sir unsold stock ki video banade plzz unsold stock kese niklengi

  • @pksweety
    @pksweety 5 років тому

    बहुत-बहुत धन्यवाद सर

  • @maheshbhatt5871
    @maheshbhatt5871 4 роки тому

    Bhot bhot dhanyavaad sir

  • @heisenberg0777
    @heisenberg0777 5 років тому +2

    Sir why didn't AOA app work in Nepal ¿?

  • @mohitvarshney6887
    @mohitvarshney6887 4 роки тому

    Nicely done👍

  • @Channkaur2003
    @Channkaur2003 2 роки тому

    Sir plzzzz....invoice price se aur insurance premium se yehi question slove kr dijiyee

  • @totankrmannac0982
    @totankrmannac0982 4 роки тому

    Sir Direct experience and indirect experience is a recurring or non-recurring experience ???

  • @subhra_bera
    @subhra_bera 2 роки тому

    Thank you so much Sir

  • @SmartCaptain9899
    @SmartCaptain9899 2 роки тому

    Sir aap ne surf non recurring expense (-) kiya recurring expense (selling exp. ) Kyu nhi kiya .

  • @mohdkaif026
    @mohdkaif026 Рік тому +1

    what a clarity sir 👍👍

  • @debanjansarkar6021
    @debanjansarkar6021 3 роки тому +1

    Sir you're a Warren Buffett of accounts

  • @sanatgamingvlogs3249
    @sanatgamingvlogs3249 Рік тому +1

    Sir baki kk video kahape hai sir

  • @annujha7392
    @annujha7392 2 роки тому +1

    Sir IGNOU ki books se padhao

  • @Himanshu_tiwari_2002
    @Himanshu_tiwari_2002 4 роки тому

    Best 👍💯 understand

  • @RJ58567
    @RJ58567 4 роки тому

    Sir I can't imagine how u can do it

  • @arhatstudio4562
    @arhatstudio4562 4 роки тому +1

    Why we take 880 kg for closing stock ?

    • @chinmayamohanty9051
      @chinmayamohanty9051 4 роки тому +3

      Out of 4000 kg ; 3000 kg are sold ; 100 kg are abnormal loss and 20 kg are normal loss as mentioned in question . So 4000-3120= 880
      Which is closing stock i.e. stock on consignment

  • @AdityaKumar-lm1zh
    @AdityaKumar-lm1zh 4 роки тому

    Sir why u did not add selling exp before normal loss

  • @Abhishekkumar-bj9ru
    @Abhishekkumar-bj9ru 5 років тому

    awesome sir

  • @rabinpaul4638
    @rabinpaul4638 4 роки тому +1

    "Goods Loss in consignee's godown" ka journal entry kya hoga ?

    • @Rahul-bi2jf
      @Rahul-bi2jf 3 роки тому

      Congine ac debit to sale ac

  • @RohitKumar-ly2fb
    @RohitKumar-ly2fb 3 роки тому

    Sir dines ne to selling expence bhi to kiye naa to fir uss amount ko kiyu nhi lenge.. working.. me🙄

  • @mayurca120
    @mayurca120 Рік тому +1

    Sir Accounting ke bhagwan he

  • @shaileshmaske4660
    @shaileshmaske4660 3 роки тому

    Sir according to account rule exp & loss debit side , income and Receipt credit side but abnormal loss kaise credit side aa raha hai
    Ye to loss hai na ise debit side hona chahiye

  • @pappusahu8769
    @pappusahu8769 4 роки тому +1

    Dear Sir, as you mention that we can take the amount of normal loss as zero, So can we consider normal loss as NIL in each & every concept or for some specific cases. Please clarify it?
    Once again thanks a lot for sch a beautiful presentation, the clarity of video is very nice.

    • @blast2686
      @blast2686 4 роки тому

      But why aren't expenses like Transportation,Forwarding,Duty etc considered as Normal Loss? These expenses are bound to take place and have to be borne by the Consignor

    • @Cmamonesh
      @Cmamonesh 4 роки тому

      Here Normal Loss is not Actually zero.
      We are Modifying our cost of Goods per unit @pappu Sahu.
      And @ Blast
      We are Considering expense as Loss which is borne by Consignor ,So closing stock is adjusted which will be opening stock as expense for Next period.

  • @Channkaur2003
    @Channkaur2003 2 роки тому

    Yehh doo...chije bhi is question me add kr dijiye sir plzz

  • @suvamdey6737
    @suvamdey6737 4 роки тому

    Thanks sr

  • @heisenberg0777
    @heisenberg0777 5 років тому +1

    Sir please upload full videos of particular topics

  • @pubgplayer9064
    @pubgplayer9064 Рік тому +1

    9:42

  • @seemanazir
    @seemanazir Рік тому

    Sir g white board is not clear

  • @RajKamal-zg4et
    @RajKamal-zg4et 4 роки тому

    thank you sir

  • @arunkumar-em5gq
    @arunkumar-em5gq 5 років тому +1

    So tell me about what physical challenge candidate apply for this for ca please tell me early

  • @annujha7392
    @annujha7392 2 роки тому

    Sir questions ki photo clear nhi h

  • @priyasharmavlogs1022
    @priyasharmavlogs1022 4 місяці тому

    Sir book konsi use kr rhe hai

  • @dakshthakur3475
    @dakshthakur3475 2 роки тому

    Sir jo consignee a/c ha uska jo remaining bal ha use to debit side likhenge na credit side to jyada bal ha😅😅

  • @muskansoni8784
    @muskansoni8784 5 років тому

    Tq sir.... 😀

  • @singh_who_singz
    @singh_who_singz 5 років тому

    Sir Consignment notes are not there on drive only depri notes are there