Trading Profit and Loss Account Format - Income Statement

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  • Опубліковано 28 лис 2024

КОМЕНТАРІ • 279

  • @nashaecreary3892
    @nashaecreary3892 5 років тому +57

    I do not usually comment on UA-cam videos, but I have to say that this guy really cleared it up for me. Thorough explanations! Very good! I never truly understood what I was doing until this moment. Thank you sir.

  • @benijordan781
    @benijordan781 3 роки тому +8

    Income statement most explanatory lesson on UA-cam. Thank you young man

  • @issackkakiel3257
    @issackkakiel3257 2 роки тому +3

    Young and fresh, Thank you so much brother. Keep going.... you're good

  • @prathyushasubburaj1521
    @prathyushasubburaj1521 2 роки тому +7

    Understood in 17 mins which was taught at school for one week!....thank you ! Keeeep going!!!!❤️

  • @beenyourself4781
    @beenyourself4781 4 роки тому +22

    This is great!, in fact I learn the little I need to know in 17 minutes while I spend hours in school struggling to understand. Even though I am not serious in school but I gain what is most important. You deserve to be respect

  • @rachealmuhongo5952
    @rachealmuhongo5952 Рік тому +2

    Thank you so much lecture am catching up with your tutorials 🙏 your explanation is very clear

  • @akaezesandra1519
    @akaezesandra1519 Рік тому +2

    Thank you for such a simplified video and explanation, though I couldn't find a video for solving real questions for the trading and loss account. It will be really helpful.

  • @n.y.a.r.u.i.r.u
    @n.y.a.r.u.i.r.u Рік тому +3

    explained everything perfectly well just like my high school tr 😊.... Am taking a unit in financial accounting in campus and had forgotten quite a no of things so i just came looking for sth to remind me how i used to do it in high school and your video delivered !!! 😊😊😊😊

  • @oyfresh2919
    @oyfresh2919 6 років тому +85

    Black excellence... No matter how Minor

    • @veemac8240
      @veemac8240 6 років тому +3

      Keneil Williams There is NOONE minor for there's no-one superior

    • @emmanueloni2563
      @emmanueloni2563 4 роки тому +1

      😤😒😒😒

    • @abubakarmusayerimaru9879
      @abubakarmusayerimaru9879 3 роки тому +1

      Well done,thanks a lot . this tutorial is the best of all local tutorials I enjoy.Though, it's brief , but it's full of academic substance. He explained what I regard as miro aspect of the topic I.e. PROVISIONS which was so ambiguous before now. May the sky be your limit. However I will like to submit two suggestions to increase the utility of the lecture on this particular topic.
      1. If possible, roll both vertical and horizontal lines on the table to clearly present the entries.
      2. Less is an accounting term which I got to know just today. Therefore explain it meaning vividly for the consumption of the beginners like me.
      100 level INFOTECH MAU YOLA

    • @EvanceBwile
      @EvanceBwile 2 місяці тому

      As for me I think that he is an excellent teacher 😊

  • @shekulawan
    @shekulawan 2 роки тому

    Thanks to God with this video, I now have a better understanding.

  • @prudencemugambi
    @prudencemugambi 5 років тому +15

    Thank you so much. You explained it very well... I'm doing accounting for lawyers and I thought it was so hard until I watched your videos. Watching from Kenya 🇰🇪

    • @hstutorial
      @hstutorial  5 років тому +3

      Prudence Mugambi 👍🏾 Good luck

    • @adwoaasomaning6805
      @adwoaasomaning6805 5 років тому +1

      Prudence Mugambi I’m also doing legal accounting in law school and it’s kicking my ass 😭😭😭😭. I hope this video helps

    • @evansabura7659
      @evansabura7659 3 роки тому +1

      🇰🇪

    • @marynaiduya6207
      @marynaiduya6207 2 роки тому +1

      I'm here today for the same, nastragoo😅

  • @doreenj2155
    @doreenj2155 5 років тому +3

    You are really good I was not understanding but you’ve brought every thing to light..God bless you

  • @IslamPerfectJourney
    @IslamPerfectJourney Рік тому +1

    Wow u did a wonderfully job, I came across many tutorials but only yours I understood. Thanks alot

  • @stanbanda7608
    @stanbanda7608 5 років тому +5

    Man you have nailed it.I have fully understood what is what when it comes to P&L.The other guys from some videos have watched were making P&L look like its rocket science.

  • @joansay7172
    @joansay7172 5 років тому +8

    This is amazing ,I am new to the Accounting world and of all the videos i have watched on income statements this makes the best sense.IAm grateful i watched this.Definatly subscribing from South Africa thank you!!!

  • @christopherchiyavula6061
    @christopherchiyavula6061 Рік тому +2

    Hello!
    I really appreciate your clear explanations !
    I now get where I was messing up on the ledger accounts, in terms of opening two accounts for a transaction and how to record in terms of the sides of the A/C which are the Dr and Cr side of the ledger A/C.
    Thank you.

  • @osudomichael3063
    @osudomichael3063 3 роки тому +1

    Thanks so much for making me understand better watching from Uganda

    • @hstutorial
      @hstutorial  3 роки тому

      You're welcome. To God be the glory

  • @oteshascarlette2010
    @oteshascarlette2010 6 років тому +2

    The amount of videos i have watch and was none explained so well. Thank you so much

    • @hstutorial
      @hstutorial  6 років тому

      Otesha Scarlette you're welcome 👍🏾

  • @margaret3801
    @margaret3801 Рік тому +1

    This is really great, thank you tutor 👍🥰

  • @tasherabrackett4878
    @tasherabrackett4878 3 роки тому +1

    Thank you, i was in class today and my teacher was teaching this topic, didn't understanding anything he was saying, so i leaved class and went on youtube and saw your video, now I have an in depth understanding of the topic.

    • @hstutorial
      @hstutorial  3 роки тому

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @allyhamil6156
    @allyhamil6156 6 років тому +11

    Thanks for the explanation, i have now started Finance for Managers abe, this is a part I needed to understand. thanks, Sir.

  • @LisaPreity
    @LisaPreity 5 років тому +9

    Thank you for the help! You did a much better job than my lecturer. Keep up the good work!

    • @hstutorial
      @hstutorial  5 років тому +2

      Lisa Preity thanks 🙏🏾

  • @daniellaoikpo5898
    @daniellaoikpo5898 4 місяці тому

    God bless you richly for this!

  • @emmaculatemangoma9966
    @emmaculatemangoma9966 3 роки тому

    thanks, loads I've just understood one day before my financial accounting exam

  • @marcelogrant6147
    @marcelogrant6147 2 роки тому +2

    Wow... This is really amazing, thank you so much for the explanation.

  • @2stripes393
    @2stripes393 5 років тому +4

    Leaving cert will be much better because of you godbless

  • @felixomondi3990
    @felixomondi3990 4 роки тому +1

    The explanation was just clear

    • @hstutorial
      @hstutorial  4 роки тому

      I'm glad you got value 👍🏽

  • @morayaporter8853
    @morayaporter8853 4 роки тому +1

    Thank you so much sir.Yoy just saved me.I forgot how ro do income statement and I have exam tomorrow,your video saved me😭🙏🏽

    • @hstutorial
      @hstutorial  4 роки тому +1

      You're welcome. I wish you the best

  • @2stripes393
    @2stripes393 5 років тому +2

    I go to school in Ireland but you've helped me more than my teacher thank you

    • @uzair263
      @uzair263 5 років тому

      2 stripes same i have my junior cert exam tomorrow and am over here lookin up videos how to do income statement 😂

  • @sylviasimasiku2603
    @sylviasimasiku2603 5 років тому +1

    GOOD EXPLANATION, PLEASE KEEP MAKING MORE , MAY GOD BLESS YOU.

  • @ccretdesigns726
    @ccretdesigns726 5 років тому +7

    You explain this and make it seems so easy. Thank u.

  • @judynyutu2679
    @judynyutu2679 5 років тому +5

    Wonderful lecturer ,be blessed.

  • @remi6757
    @remi6757 6 років тому +30

    You're really good, thanks alot

    • @hstutorial
      @hstutorial  5 років тому +1

      Blade Levis Thank you 🙇🏾 Good luck!
      If you need clarification or questions to ask, kindly click on this link to choose a study plan and get in touch with us
      hstutorial.com/study-plan

  • @pasha158
    @pasha158 3 роки тому +3

    Very clear and very helpful to revise from - thank you!

    • @hstutorial
      @hstutorial  3 роки тому

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @briannabryan9027
    @briannabryan9027 5 років тому +2

    I learned more from you than my teacher. Thanks👍. Keep it up.

  • @afisaally2001
    @afisaally2001 5 років тому +2

    You deserve to be a good teacher tenx so much at least i understand

  • @FaithSamuel-l5h
    @FaithSamuel-l5h 5 місяців тому +1

    Good god bless you and your family

  • @ryan101120
    @ryan101120 3 роки тому +1

    I love the accent and the detail in the explanations

  • @defnotfemi
    @defnotfemi 3 роки тому

    i have been looking for the right explanation since....thank you

  • @allvideoenjoyallvideoenjoy6024
    @allvideoenjoyallvideoenjoy6024 4 роки тому +1

    I like ur lecture very much.

    • @hstutorial
      @hstutorial  4 роки тому

      All video enjoy All video enjoy Thank you so much 😊

  • @sylvesterbwalya3643
    @sylvesterbwalya3643 3 роки тому +1

    well explained and easy understand

    • @hstutorial
      @hstutorial  3 роки тому

      Thank you. Feel free to enroll in our courses at hstutorial.com/courses

  • @brianabraham908
    @brianabraham908 4 роки тому +5

    Please keep on doing this it’s really helpful
    -From Mzumbe university Tanzania, morogoro 🙏🏽

  • @Elisa1-x2s
    @Elisa1-x2s 5 років тому +3

    Thank you so much my dear my lecture couldn't explain all this to me and mak me understand, was very stress thinking of looking for tutor , thank you so much your english is well understood by me as an African aint like the Indian, i have subscribed now i want for balance sheet and general journey
    Elisa (Namibia)

    • @hstutorial
      @hstutorial  5 років тому +1

      Ok dear 👍🏾 we’ll upload more videos soon

  • @kam9615
    @kam9615 5 років тому +4

    Very helpful and gives easy to understand examples, thank you!

  • @yuhwamsilas6149
    @yuhwamsilas6149 Рік тому

    Thanks for that wonderful explanation, it make a lot of meaning.

  • @enehnkiruofoedu6624
    @enehnkiruofoedu6624 4 роки тому +2

    Thanks alot, I think I have found my business studies teacher, 😏weldone u explained it more than my teacher

    • @hstutorial
      @hstutorial  4 роки тому +1

      eneh nkiru ofoedu you’re welcome

  • @stanleyagho6699
    @stanleyagho6699 5 років тому +1

    Am an acc student you really have done great to my career i appreciate

  • @malfieri760
    @malfieri760 5 років тому +5

    Explained it very clearly, thanks

  • @jojophandoh7297
    @jojophandoh7297 3 роки тому +1

    In fact I'm less burdened at last...Thank you Big Bro

  • @sanyaoluoluwafemi1846
    @sanyaoluoluwafemi1846 2 роки тому +2

    You did a great job. well done sir. However, Rent Receivable is a current asset not yet an income. if it is rent received, that's the income. Thanks

  • @natashadhlomo1011
    @natashadhlomo1011 6 років тому +2

    thanks alot l have really learnt from Zimbabwe

  • @TPKLiah
    @TPKLiah 5 років тому +2

    Am an Engineering student but I took an accounting course as an elective , though I have a problem getting Western Africa accent ,however I really enjoyed your tutorial

    • @hstutorial
      @hstutorial  5 років тому +1

      👍🏾Good luck brother

  • @omotolachristiana7577
    @omotolachristiana7577 5 років тому +3

    Thank you very much hs tutorial has really impacted me a lot

    • @hstutorial
      @hstutorial  5 років тому

      You’re welcome 😉

    • @sundaysunday5824
      @sundaysunday5824 4 роки тому

      @@hstutorial please am an accounting students I may likely need some help

  • @barakapaulo3767
    @barakapaulo3767 4 роки тому +1

    Very interested one day I will make my own video and share to the people as you did

  • @takudzwamillion9653
    @takudzwamillion9653 5 років тому +3

    thank u Sir ,u really helped me a lot...you are the best on top of the rest

  • @enriquemclaughlin1902
    @enriquemclaughlin1902 6 років тому +3

    thanks alot saved me for my exam tomorrow

    • @hstutorial
      @hstutorial  6 років тому

      enrique mclaughlin ... you are welcome 👍🏾

  • @abdulwelisalimooo7892
    @abdulwelisalimooo7892 5 років тому +1

    Wow.....what an explanation,thank you so much.

    • @hstutorial
      @hstutorial  5 років тому

      Lil Peace 1 you’re welcome 😊

  • @hannahduncan1724
    @hannahduncan1724 4 роки тому

    God bless you
    KIA its was helpful tho am done with university,but which I was taught like this.I would have been bold to face any question

  • @marynassuuna7474
    @marynassuuna7474 4 роки тому +1

    Thanks for this explanation. This thing has been confusing me!

    • @hstutorial
      @hstutorial  4 роки тому +1

      You're welcome. I wish you the best in your studies.

  • @myiandlovu2268
    @myiandlovu2268 6 років тому +8

    thank you soo much,that was quiet understandable

  • @mawusigadasu
    @mawusigadasu 5 років тому +2

    Well detailed explanation wonderful work done very brilliant

  • @florencek4568
    @florencek4568 2 роки тому

    Charles thank you for this tutorial 👏
    Kindly take me through cash flows and partnership account

  • @jameskipkorir8098
    @jameskipkorir8098 3 роки тому +1

    Thanks a lot,you have really helped me

    • @hstutorial
      @hstutorial  3 роки тому

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @yxngdosh6279
    @yxngdosh6279 2 роки тому

    amazing video and explanation

  • @accountingforbeginners9210
    @accountingforbeginners9210 3 роки тому

    Good,well done ,you will be a good accounting teacher in future

  • @catrionacorrigan6356
    @catrionacorrigan6356 6 років тому +7

    So helpful thank you🙌🏼🙌🏼

    • @vimbaihove3265
      @vimbaihove3265 3 роки тому

      This is the simplest Tutorial ever!!quite clear

  • @DenaTv99
    @DenaTv99 3 роки тому

    Thanks so much for this have learnt a lot

  • @leonfontius5300
    @leonfontius5300 5 років тому +1

    Your amazing thank you so much I did accounting before but I needed a refresher this video really helped

  • @angelinaandrew3451
    @angelinaandrew3451 2 роки тому

    THANK YOU SO MUCHH!!!!!
    do you have a video uploaded where you do some examples?

  • @abiolaadegbola7912
    @abiolaadegbola7912 4 роки тому +1

    Wow his really good 👍👍👍👍👏👏👏👏👏

  • @maebelleeric2956
    @maebelleeric2956 5 років тому +1

    Thank you. It really helps me alot

  • @francomugo2913
    @francomugo2913 6 років тому +1

    This is excellent...you are clear

  • @sandeepmaurya7182
    @sandeepmaurya7182 4 роки тому

    Nice vedio lecture
    I am from India

  • @HarrisonJay
    @HarrisonJay 6 років тому +2

    Thanks man, now i get it real good

  • @ngulubenoel7724
    @ngulubenoel7724 3 роки тому

    Very clear, thank you very much , i have enjoyed it.

  • @official_kingsleyike2563
    @official_kingsleyike2563 2 роки тому +1

    Very nice I would recommend this vid

  • @Chanta.i
    @Chanta.i 3 роки тому +2

    Great explaination🙌🏽

  • @ogundipeoluwalonimipeace7340
    @ogundipeoluwalonimipeace7340 3 роки тому +1

    Thank you so much, am very grateful, i really understand his lecture

    • @hstutorial
      @hstutorial  3 роки тому

      You are welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @asalintolinto8772
    @asalintolinto8772 5 років тому +1

    Wooww! thank you so much, you are truly the best

  • @roxana989
    @roxana989 5 років тому +1

    Thank u verry much, verry good explication. Make more videos like these, u are really good! 👍

  • @farxiyonadiif7456
    @farxiyonadiif7456 Рік тому

    Thank you for explanation

  • @nduggajoseph5371
    @nduggajoseph5371 5 років тому +2

    Its really educative thx bro

  • @ivyhiyamwa320
    @ivyhiyamwa320 5 років тому +1

    Good explanation.thanks

  • @Nomyperry
    @Nomyperry 5 років тому +1

    thank u for putting me through again.. I understand dz well now

  • @worekalem.mekuriaw5811
    @worekalem.mekuriaw5811 2 роки тому

    Thank.you.my.brother.good.job

  • @randomstuff3f76
    @randomstuff3f76 2 роки тому

    You still helping thanks

  • @begamhussein9944
    @begamhussein9944 3 роки тому

    Mahnnn!!🙌🏻THE BEST!keep it up

  • @otitojuoluwaseun4349
    @otitojuoluwaseun4349 5 місяців тому

    Wow. You are a tech.
    Keep it up. I love the way you teach.
    But next time makes sure you get lightning and good environment with less underground noise.
    Good job.

  • @izoozaaks3391
    @izoozaaks3391 5 років тому

    Thanks i hv now got it well

  • @thehood4793
    @thehood4793 5 років тому +1

    big up bro .....i just nailed my exam because of this!

  • @francisndambuki9799
    @francisndambuki9799 3 роки тому

    From KE.....Very helpful

  • @wumiflourish
    @wumiflourish 4 роки тому +1

    omo iyami God bless u for this tutorial..

  • @ranafarhan6935
    @ranafarhan6935 5 років тому +1

    love you really cleared my confusion

  • @valariewaswa
    @valariewaswa 4 роки тому

    Thank you so much. You've helped me understand

  • @thefrankincense4331
    @thefrankincense4331 6 років тому +1

    Wow I have really understood,thanks bro and keep up the good job.

  • @princekudzai7458
    @princekudzai7458 6 років тому +1

    Very Help full thanks!!!

  • @elsiedulo1309
    @elsiedulo1309 4 роки тому +1

    Very helpful!

  • @ApolotChristine-y7v
    @ApolotChristine-y7v 8 годин тому

    Wow, thank you so much

  • @abigailkai5042
    @abigailkai5042 5 років тому +1

    Good one.Thanks

  • @ritwikravii
    @ritwikravii 2 роки тому

    Very Nice going.....❤️🙏🏻