Accrued Income - Adjusting Entry - By Saheb Academy

Поділитися
Вставка
  • Опубліковано 17 лип 2024
  • Here I have explained the concept of Accrued Income and it's accounting treatment in Profit and Loss Account and Balance Sheet in a simple way.
    Accrued Income is also known as Income earned but not received.( Accrual )
    I have shown how to pass Adjusting Entry and Reversing Entry with complete logical understanding.
    ⏱TIMESTAMPS
    00:00 - Intro
    01:02 - Recap of Previous Videos
    02:50 - Accrued Income
    12:39 - Practical Example with Financial Statements
    38:05 - Format of INCOME A/C with Accrued Income & Deferred Income
    Previous Videos :
    Adjusting Entries Concept
    • Adjusting Entries EXPL...
    Outstanding Expense
    • Outstanding Expense - ...
    Prepaid Expense
    • Prepaid Expense - Adju...
    Download Adjusting Entries PDF
    t.me/sahebacademy7/361
    Basic Accounting Playlist
    • Accounting Basics - Cl...
    This is for the students of CLASS 11, B.COM, BBA, CA FOUNDATION, CA INTER, CMA, ACCA and any other accounting courses.
    Clear your doubts by direct messaging us on Instagram
    / sahebacademy
    Please Like, Subscribe and Share this video on your social media account.
    #Accountancy #FinancialAccounting #Class11

КОМЕНТАРІ • 28

  • @rockyandrdxesportsnews2533
    @rockyandrdxesportsnews2533 4 місяці тому +4

    I don't think there is no need ask doubt. Because you clarify me everything ❤

  • @tanmoymodak8015
    @tanmoymodak8015 3 місяці тому +1

    Very conceptual & detailed video thanks providing such james ❤

  • @mistarzahiil7691
    @mistarzahiil7691 4 місяці тому +1

    Sar you are so good for making easier our accounts , i want to say specially thanks 🙏🏻❤️🙏🏻❤️, GOD BLESS YOU, I COPY YOUR NOTES IN MY COPY . AGAIN THANK YOU SO MUCH SAR ❤️🙏🏻❤️.

  • @hiddensquare7395
    @hiddensquare7395 4 місяці тому +3

    Was getting good grades with your videos ❤ and guess what am having exams tomorrow also financial statements is pending now for me
    Am from grade 11

    • @SahebAcademy
      @SahebAcademy  4 місяці тому +3

      All the best😊👍🏼

    • @user-hy6wd4pu8t
      @user-hy6wd4pu8t 4 місяці тому

      You so lucky to find this channel, when I'm in 11th and 12 th I didn't know about this channel.
      I'm ca inter student learning from this channel

  • @sukhadadeshpande8694
    @sukhadadeshpande8694 4 місяці тому

    Really clarifying each and every concept..sir please post for marginal costing

  • @Permission_to_dance_7
    @Permission_to_dance_7 4 місяці тому

    Sir please do a video for banking accounts in corporate accounting 🙏🏻🙏🏻 because I'm addicted to your teaching style 😢

  • @Funsot
    @Funsot 4 місяці тому +2

    Sir you help us lot in our exam time ❤❤

  • @abroadjobsinfo6015
    @abroadjobsinfo6015 4 місяці тому

    Awaiting for your Guidance

  • @AylinS4649
    @AylinS4649 4 місяці тому +1

    Thank you for your video Sir.... It is very helpful

    • @AylinS4649
      @AylinS4649 4 місяці тому

      Sir could you please make a video on Accounting for share capital and it's concepts

    • @SahebAcademy
      @SahebAcademy  4 місяці тому +1

      Sure

  • @amrita_arora
    @amrita_arora 2 дні тому

    Hi, Please make a complete on Balance Sheet.

  • @rasheedaphc6620
    @rasheedaphc6620 4 місяці тому

    Sir can you please explain it for me
    Closing stock was over casted by 100 being casting errors in the schedule or inventory. Pass rectification entry (Next accounting period)
    Please give me reply

  •  4 місяці тому +1

    Sir can we get video for class 12 like the same it would be so use full for us if a teacher like you teach us 🥺

    • @SahebAcademy
      @SahebAcademy  17 днів тому

      Chapters Playlists for Class 12 / 2nd PUC - By Saheb Academy
      Issue of Debentures
      ua-cam.com/play/PLVjZhvcpvcGrspbtZRbZ0wymmyEaut3Ux.html
      Cash Flow Statements
      ua-cam.com/play/PLVjZhvcpvcGrEfCnP6yHBIhjU68UHZJI5.html

  • @Maysam795
    @Maysam795 4 місяці тому

    How did u know sir, we just learnt accruals

  • @theoblanca1062
    @theoblanca1062 3 місяці тому

    Sir, it's a request to create a video Cash flow statement

    • @SahebAcademy
      @SahebAcademy  20 днів тому

      #1 Cash Flow Statements - Concept, Format and Adjustments
      ua-cam.com/video/qMKi2Q3x0UA/v-deo.html

    • @SahebAcademy
      @SahebAcademy  17 днів тому

      #2 Cash Flow Statements - Problem 1 - Indirect Method
      ua-cam.com/video/Vy65BQhODKk/v-deo.html

    • @theoblanca1062
      @theoblanca1062 15 днів тому

      @@SahebAcademy ❤️

  • @hiddensquare7395
    @hiddensquare7395 4 місяці тому +2

    Also could you please upload videos for 12th
    Guys do like and request him for next year we need this gem to pass

    • @SahebAcademy
      @SahebAcademy  4 місяці тому +1

      Sure

    • @pankaj.0.47
      @pankaj.0.47 4 місяці тому

      ​@@SahebAcademy sir , WORKING CAPITAL concept and numerical karwao please

    • @rehobothcivil5855
      @rehobothcivil5855 4 місяці тому

      Yes sir we are wating for the next year for 12 th class sir please upload videos sir 😢

  • @abroadjobsinfo6015
    @abroadjobsinfo6015 4 місяці тому

    Sir very Super .
    I am in a running business their is No Journal Entries from the Beginning of the business now i want to start from January 2024 with the All journal Entries but their is Accrued Income mean need to be Receive from the Customer. How i can pas their Journal Entries. Note the invoices are Already Issued but its just like Outstanding balance
    Please guide me