25. "Profit & Loss Account" - Proforma & Problem With Solution

Dear Friends,
To follow the all the topics of “Accounting For Beginners”, please follow the given Video Link:
• 1. Accounts Introducti...
Please follow the given Subjects & Chapters related to Commerce & Management Subjects:
1. Financial Accountancy - Part : 1
• Accounting Basics For ...
Financial Accountancy - Part: 2
• 1. Non - Trading Accou...
2. MEFA (Managerial Economics & Financial Analysis)
• Accounting Basics For ...
3. Business Law
• Introduction of Busine...
4. Statistics
• Introduction of Statis...
5. Financial Management
• "Capital Budgeting" In...
6. Cost Accounting
• 1. Cost Introduction ...
7. Business Economics/ Managerial Economics
• "Introduction To Busin...
8. Basic Introduction Chapter of Financial Accountancy
• Accounting Basics For ...
9. Bank Reconciliation Statement
• 42. "Bank Reconciliati...
10. Final Accounts
• "Final Accounts Introd...
11. Depreciation
• 1. Depreciation Introd...
12. Rectification of Errors
• 1. "Rectification Of E...
13. Business Organization & Management (BOM)
• "Characteristics & For...
14. Career Options
• BEST CAREER OPTIONS AF...
15. Company Law
• "Introduction & Featur...
16. Bills of Exchange
• 53. Introduction To "...
17. Non - Trading Accounts
• 1. Non - Trading Accou...
18. MEFA / BEFA For Engineering Students
• "Introduction To Busin...
19. Recommended Text Books For Commerce & Management Subjects:
• "Business Law" Only On...
20. Consignment Accounts
• 1. Introduction of Con...
21. Joint Venture Accounts
• 1. Joint Venture Accou...
22. BCRW (Business Communication & Report Writing)
• 1. Introduction To Bus...
23. Advanced Accounting ( Valuation of Goodwill & Shares)
• 1. Valuation of Goodwi...
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[@sruthibuddepu2090]

mam keep going like this mam ur far btr than our lecturers maam...

[@sandarshanshetty9675]

100 percent

[@sunandaambalagisunandaamba3176]

😶

[@sahithnookala5836]

Same feeling

[@somulivingstone8255]

Yes truly

[@saamzgaming7360]

🧘🏻‍♀️🧘🏻‍♀️😀so real

[@aiswaryasubash7821]

Ma'am I'm so thankful to you..even I'm not from commerce background I understood every points you taught.
It's very helpful.please keep going❣️

[@HARI-gh3jt]

What could possibly take an hour to understand, your lectures helped me get the confidence in 20 minutes or less. Thank you very very very much, ma’am. ♥️😊

[@TheTalkbyMe]

Full clear maaaammmm, thanks a lot......fear for accounts fully eliminated 😍😍

[@Naimisha1925]

Thank you so much mam .. I haven't been to clg due to corona and that's when our commerce lecturer completed whole accountancy and I had no way except browsing UA-cam for classes and when I found your channel I was like the most happiest person and today I aced my board exas and expecting above 92.... Once again, Thank you so much for helping students like us. ❤️🤗Keep going.

[@devikascommercemanagement]

Great going 👏👏👏
Keep it up👍

[@SongsOfManoj_Kingston]

Excellent Teaching Madam...

[@bilkisbegum500]

Will factory rent will come under profit and loss account or in trading account

[@khusboo_]

@@bilkisbegum500 trading

[@shatharashiramya5363]

Your really amazing mam.....I am not getting words to describe about ur teaching.....how sweet and cool..... Thank you so much mam...👍🏻

[@manjulashyam3841]

Maam.. loved your teaching skills! I got the concept maam.👍🙏🙏❤️

[@krishnastylishdigitalcreat3287]

Mam this explanation is very useful .I thought all this format very tough but after seeing ur video I can easily understand........

[@DineshMourya_Page]

Ma'am your method of teaching is very sweet.. Keeping teaching like this.

[@hopelessmadhu3182]

Mam I am bsc (bzc ) student I haven't any idea about this accounts even Iam doing mba but my lecturer is teaching iam unable to understand but when ever I listen your class I get it in easy way .the way you explain every step is awesome thanks mam 😊

[@juliamgengwana9056]

Very well explained, thank you ma'am. May you not stop with your videos because they are so helpful

[@katohannington]

Hello professor Devika, thanks for the elaborative presentations

[@pranavichennareddy41]

Your teaching is awesome madam 🙂.. your videos have helped me very much...thank you so much

[@treeshasoni2409]

Thank you mam. You are best teacher I found.

[@bvikram3883]

Mam you are absolutely next level.
Of course you are a fabulous teacher mam.
keeping all the same I just wanted to suggest you a small point mam. while you are teaching the light is getting dim and glow sometimes. this is not at all an issue. I just wanted to bring to your notice mam.❣️
with all gratitude.. ❣️

[@krishnammamuniraju6532]

Mam I had exams after online classes. But I was not even knowing chapters names . I decided to not attend exams. Due to my mom I had to attend I had no choice but I was totally in tension thn I thought let me learn from utube . I saw ur vedios 🤩🤩🤩 but guess what I got 43 for 50 .

[@devikascommercemanagement]

Well done and glad to hear your marks.
Have a bright future 👍

[@sakshik.9779]

Very nice way of explaining Ma'am. Thank you so much

[@sandarshanshetty9675]

Speaking skills is superb than other manglore and udupi

[@nagarushika1531]

Continue in the same way mam. U are my best teacher. I am a non commerce student. I tried my best to understand all concepts but this are very tough. I can understand ur lessons very easily. And I have some doubts in rectification of errors . Will u plzz solve them for me can I ask u

[@harisha.r3024]

Mam I can understand every thing because of u 🙏 thank u so much mam.

[@sanjeevmore8739]

Very easy to understand ..I am a working professional Pursuing MBA ..

[@RickanaIluba]

The best lecturer ever I really love your tutorials❤

[@vinayakarshet2594]

I passes my Degree semester exams from you only mam.. Thank you 🙏

[@devikascommercemanagement]

Congratulations Vinayaka...
Delighted to hear your results.
Have a bright career 👍

[@atom216]

Understood clearly maam. Thank You so much

[@hawkeyes6777]

Madam you helped me a lot thank you very much may god bless you keep it up

[@GeorgeRwambogo-hw3ky]

God bless you madam for your assistance for us.

[@stevenowere2082]

It is profit or loss account because it can either be loss or profit but it can never be profit and loss at the same time,only correct thay otherwise it is the best content we can fetch out here

[@mbdogy2119]

Thanks you mam I'm from Africa And I have learned alot through your videos. Keep going 💪

[@user-uc1bk1gq6j]

Thank you mam today i had exam i didnt study anything early morning started to see ur vids and scored well😭🙏❤️

[@devikascommercemanagement]

Most welcome 😊🙌

[@pree_bird]

You are such a wholesome teacher 😍❤️ ma'am u r giving motherly vibes ! I genuinely admire ur efforts thank you so much ma'am ❤❤ always be happy and safe mam ❤❤

[@darkfiregaming1420]

Nice english😊

[@bigjinentertainment6177]

Mam, If we have *interest on capital* in the question then should we put it in p&l account or balance sheet or in both?

[@14jyothi74]

Mam ur really superb mam ur way of teaching ur way of speaking is really superb mam we are lucky to have u mam if u are not there we could have been failed in our exams thankyou so much mam

[@kavinmathibalakumar1418]

I am very much satisfied with your videos Mam , you are teaching from the basis which is very easy for me to understand , Thank you

[@devikascommercemanagement]

Good luck 👍

[@Lisabraids]

Thank you very much mam. I’ve been watching your videos, you’re really good

[@santuchatterjee823]

Great lecture Mam..Good to see you here.I have been one of your students in Pragati Mahavidyalaya Madam -2007 B.COM TAX

[@devikascommercemanagement]

Glad to hear from you dear Santu.
I remembered your batch very well. We had a very good rapo, I really enjoyed those days.
It's been long period. What are you doing?
Stay blessed always 👍

[@saivarsha2094]

This video was very helpful mam
Thank u so much

[@mohithanu5779]

Thank You Madam, Explained well.

[@katohannington]

However, one question I want to ask if all these figures are gotten from ledgers after posting into credit and debits then balancing off the accounts

[@manjulashyam3841]

Maam.. I can see my mother in you! In explanation ❤️🙏🙏

[@devikascommercemanagement]

Thank you dear Manjula, even I feel that all our channel followers are just like my own kids.
Stay blessed always and good luck 👍

[@shama8533]

Mam if A borrowed some amount from B then it was written but there is interest to pay but A doesnt paid.where we have to post this (t/p) how to post? Please mam answer my question.

[@biswajitgamer8769]

Thank you so much mam i have already learned about this chapter but i didn' understand clearly but now adays gained full of knowledge

[@azizhameedyt8bp756]

Mam keep on going ur are amzing mam better than my clg lecturers.....☺️

[@skionsgerald1369]

Rent you told in trading a/c also here also rent is coming then where to enter rent mam??

[@akiladhinakaran1610]

Madam your lecturing helped me to very well cope up with my online classes thank you madam . You resemble my mother - A Economics Lecturer

[@devikascommercemanagement]

Good luck dear Akhila👍

[@hudasid8753]

Ma'am you're really sweet and also good at explaining. You're helping many students by teaching online. Please keep going. May god bless you😊😊

[@devikascommercemanagement]

Good luck dear Sid👍

[@hudasid8753]

@@devikascommercemanagement thank you so much ma'am

[@darse_seerate_pak8306]

How polite way of teaching 😍 Tamil accent

[@tanuyadav64]

Mam thanks for your efforts for us and I request you to pls mark numbering for the video related to same topic as you prepare one by one so it will be more easy and comfortable so that we can search and find without any confusion smtimes it’s bit confusing that which one comes first ..May you can differ it by your own ways just a suggestion

[@yanagandlaprashanth781]

Tqq Very muchh Mam
It's Really Helfull To me and Very Clear Explanation

[@kutty_22_]

thanku so much mam for ur wonderful explanation nd very glad to see your videos 😍

[@umaruchan8962]

This ma'am is my hero bro not even kidding

[@abhishekgadde2921]

Intrest on capital you have wrote on credit and when in problem wrote on debit side?

[@JAVERIAKITTUR]

Mam I am having exam they after tomorrow and I didn’t know this concept when I saw your video I just understand everything even my college mam has not explained the way u explained and make us understand thank u so much 🫡🫡

[@devikascommercemanagement]

All the best👍🙌

[@nipulsagar3389]

Maam we havd added rent in trading account why are we adding rent again ?

[@polaadharsh3877]

Thanks madam for helping me in accounts 😊

[@shaikkhadarbasha4331]

Medam your class wonder.....easily iam understand accounts....

[@banalaswathi6315]

Thank you madam because of you only...I got A+ grade...Thank you soo much madam

[@durgaprasannajayamangala9623]

Thanks mam explain chesinamdhuku naku assalu ardham kaledhu meru cheppithe baga ardham ayyindhi mama thank you so much mam

[@shanujaanu5979]

Madam. Rent is given in direct expenses and indirect expenses.. how we identify that. Do they mention factory rent and office rent on the paper

[@umeshkarkala8835]

Mam, very useful to us.easy understanding

[@comedytroll867]

Thank you to our best explaination of the sum

[@haopumate540]

mam .. very interesting . thanks a lot.

[@krishnastylishdigitalcreat3287]

Ma'am your explanation is very well to understand commerce class.....thank u madam

[@dhanuharshi143]

U r teaching method super mam🙏🙏🙏🙏

[@senthilkumarks6262]

Mam i am studying 11 th standard your teachings are very understandable and very clear . I have asked my teacher for many times to teach this even though she have thought me this for more than 3 times though I can't understand it .but when i saw your teachings they are just really very understandable mam thank you so much mam.and mam it is very useful for me for my board exam mam thank you soooo much mam

[@manjulashyam3841]

Very good explanation maam👍❤️

[@maafrid1474]

Grate madam I appreciate your efforts

[@meesalabalnagaiah2972]

Ma'am u said that interest on capital credit side in previous video but now writing in debit side..?

[@krishnammamuniraju6532]

Mam I was always facing problem with accounts but after seeing ur videos. I felt accounts is easier than my 10th

[@devikascommercemanagement]

Yes, it's easy👍

[@user-jz6hp3pw6x]

Thank you mam , your teaching method is super

[@venkataprakashpenumatsa7391]

mam in interest on loan, charity, company will have loss. so it should be mentioned in dr. na mam

[@jettynikhil22]

Very good explanation

[@kothaprashanth5655]

Thank you mam I learn from your classes only

[@Tamilnewseditorialandgeneric]

Mam one problem, they will give last year balance sheet and current year receipts and payments..in this how to make final account

[@sainathreddy5372]

Can anyone say to which category return inwards go to?

[@logintopics]

Thank you so much mam from bangalore

[@aryanbatra3261]

Nicely explaned thankyou❤

[@molivuthivan]

Mam, what is trading account? Benefit like insurance, phone card...etc is indirect or direct cost ? Thank you mam for the useful video.

[@gpstoriesA1]

Really good teaching mam

[@harmanbrar1780]

mam I face problem when statement is not clear like in your que also written only Rent not rec. not given how i know its given or received Discount aslo Given or got? Please ans me ,Thank You 😊

[@supriyabanoth5875]

Trade expenses P and L a/c..or Trading a/c ...plzz give reply.

[@vaishnavi7180]

Tq so much mam it helped me a lot

[@aparnad.s.8971]

Mam...what if the Gross profit is not mentioned in the question?

[@sameerhussain1248]

Madam your videos are useful for me thank you for making videos

[@user-ly5dz8fp8e]

Thank you so much mam it is really helpful

[@maleehafatima8680]

Thanks a lot mam 🙏🏻🙏🏻🙏🏻🙏🏻

[@praveensmiley303]

Tq so much mam your explain very use full

[@mohammedabdulwahab9085]

mam really thanks from my 💖 heart

[@syedazharmohiuddin3007]

ma'am what if there is no gross profit in question ?

[@mouryakumar1995]

Mam what about a discount on sales and a discount on purchases. Which one comes in trading account and which one comes under profit and loss Account.

[@vtulasiammu9263]

Mam bills received also included or not

[@shawnewillard2925]

Thank you mam very helpful ♥️💐

[@aparnamaach-eq4oo]

Hello Ma'am ,can you plse clarify about Returns inward and outward?

[@mdnurunnabi9292]

Very good

[@hassanjunaid3719]

thank you madam im very clear

[@mobieuniverse8990]

Mam what is difference between fright duty and tax

[@princessz4067]

Nice explainsation

[@Pavithra020]

Tq mam ur teaching is good 🙏

[@Boss-ru9ul]

Madam please make video on UPSC EPFO jobs and it's Question pattern on accounts,asking in the exam, this year exam on may 9th 2021.

[@user-xy4rr8tm3l]

Pls how to prepare try balance and correct of error

[@susmitdas6515]

Thank you ma'am