Accounting Principles. Concepts & Conventions. Basics Part 1. B.com/BBA/ B.com(H) semester 1
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- Опубликовано: 14 окт 2024
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Me❤
Me also❤
Me also
Me🤣
Me
Accounting concepts and assumptions
1. going concern concept
2. accrual concept
3. consistency
4. business entity concept
5. money measurement concept
6. accounting period concept
7. Cost concept
8. Dual aspect concept
9. Revenue recognition
10. Matching concept
11. Verifiable objectivity concept
Accounting conventions
1. Convention of full disclosure
2. Convention of materiality
3. Convention of conservatism (prudence)
Accounting concept
Going concern concept
Consistency
Accrual concept
Business entity concept
Money measurement concept
Accounting period concept
Cost concept
Dual aspect concept
Revenue Recognition concept
Matching concept
Objectivity concept
Accounting conventions
Convention of full disclosure
Convention of materiality
Convention of conservatism
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CAG --
C - consistency
A- accural
G - going concern
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Hope you are makeing more and more videos for us
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Sir, aap jo examples dete ho wo bahoot hi relevant rhte h pura real life se related rhta h. Aur bahoot aacha se samjhate h sir. Thank u sir❤❤❤
cag:- C-consistency
A- accrual concept
G- going concern
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I scored 96
marks in class 12th accounts, just because of you. I just want you to extend this series for sure.
Yes just bcoz of him i also scored 98 in eco😊
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CAG -> Consistency, Accrual And Going Concern Concepts...
Thank you sir I'm doing bcom 1st year semester 2 very helpful....
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1.Going concern assumption
2.Consistency
3.Accural
Legends watching it before 1day of mid semester😅
Ultra pro max legend watch it before 20 minute exam 🤣🥱 yaar pd lu
Same
accounting concept and assumptions:
1. consistency: is means the rule and regulations or concept and assumptions which are followed should be continued in use in future.
2.going concern concept: this assumptions says that once one start a business should be kept going and dont close until there is a a solid evidence to do so.
3. accrual concept: this says that the income or exp which is accrued should be recorded in that time period even if the the payment is done later.
Please sir it's a request to start a new channel for IGNOU - BComG 🙏🏻🙏🏻😭 Ur teaching helped me alot for 12th board exams .. we need teachers like you 🙏🏻🙏🏻
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basic fundamental of accounting
going concern concept- it states that the business will go on for indefinite period there is no intention to shut business down or downsize its operations significantly
consistency concept- it states that all principles and methods of accounting should be used in a similar manner from one period to another period so that data reported in financial statement can be compared for one period with that of another.
accrual basis concept- it states that this concept recognises revenues and expenses as it is earned or incurred respectively ignoring the date of receipts amd payments. since, rent is outstanding it will be recorded in books of accounts.
sirr please start teaching bcom hons students on yt it'll be a great help to us bte thank you so much you're the best
CAG=C=consistency ]A=accruel concept ]G= going concern concept this accounting assumptions important than three ❤❤🙂
❤️
BMGCDAMAROT - CONCEPTS ❤
1. Going concern
2. Consistency
3. Accrual 🙏🏻
nostalgia... back after almost 5-6 months thanks sir for class 12 and this also🙂🙃
Sach me aapne bhut acha smjhaya....man halka ho gya aapse padh k....such a big fan of urs
Your way of explaining is really appreciated. Even weak student can understand very easily with your explanation. Thanks a lot sir for doing a lot for us❤️❤️🙏🙏
1) Consistency
2) Accrual
3) Going concern
Going Concern concept
Consistency
Accural !!! Sir just because of you all these points become so easy to understand thank you Sir ❤
Your concepts are so clear ...... Ek baar mai hi samjh aaraha hai.... Sir aise hi please jaldi ROYALTY ACCOUNT bhi bata dijiye na
Now after completing my 12th with a legit Excellent guidance of you sir now im.here again for bcom
Such a inspiration u are !
Thankyou ❤️
Idk sir itna jyada mehnat kiye help kiye harr batch ko krte h hame bhi kiye the bahut jyada
subah 4 bje live aake padhana
din bhar consistently se baccho ke demand ke according video lana
Doctors ne mana krdiya tha bolne se sir ko tbiyat utni bigad gyi thi lagatar bolne se but fir bhi sir hamara sath ni chodde
aur wahi bacche 12th passout hone je baad unsubscribe kaise krdete h
he deserve millions because he gave all his efforts for us but friends what you're doing ????
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1. Going concern concept
2. Accrual concept
3. Consistency concept
1. Going concern
2. Consistency
3. Accrual concept
really this video is so good, i easily understand the concepts. thank you so much sir for this video.....
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Thanks sir 🙏🙏 and I never forget you and your channel 😊
Accounting fundamentals
1) going concern,
2) consistency,
3) accrual concept.
❤
Cag=consistency concept,accrual concept,going concern concept
Thank u so much sir ❤
Hello
U r Brilliant Sir . Aapka video dekh kar mere saare doubts clear ho gaye. Aapka samjane ka tareeka bahot accha tha
Great job sir full support you
C: consistency
A: accrual assumption
G: Going concern
I scored 96marks in 12th accounts because of you sir and I am sure that in BBA 1st year I score great marks too
From which college you're pursuing your BBA?
CAG = C : consistency
A : Accrual
G: Going concern
Sir yr the best teacher keep growing like this sir amazing video sir....
C - consistency
A - Accrual
G - going concern
CAG
C-CONSISTENCY
A-ACCRUL
G-GOING CONCERN
CAG
C= consistency - follow same rules for whole year
A=acrual - write for current year either payment recived or not
G= going concern - long term vison
Good evening sir 🙏😊😊
2. Consistency: consistency means are create a any balance sheet is same method and it is ''consistensy''
Example: Open a New Company like TATA and create a balance sheet and there are 2 types of method but I used a old method because I used every in balance sheet old method.
Accounting concept:-
1. Going concern concept
2. Consistency
3. Accrual Basis
Three fundamental assumption
Consistency
Going concern
Accural concept
CAG :- C -consistency
A -accrual
G-going concern
Full support sir 👌👌
CaC????
2.convention of materialisation=if any one things impact on our business that is materialisation .and if any one thing does not impact on our business so,it is dematerialisation .
Thanks sir 😊😊😊🙏
CAG
C-consistency
A - Accrual
G-Going concern concept
CAG - consistency ,accrual, going concern concept 😊😊
Any one in BBA
I am .. 🤞
Yah
Yes
Yess
Which college
Hi sir I am your old student batch (2022) ajj apki video dekhi purane din yaad agge school ke woh din sabse best thee
Anyone from bba
🙋
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Yes❤
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Yes🙋
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12 mai and cuet mai aapki vdos dkhi thi.. finally got admission in DU.. thnks❤
CAG-
C=Consistency Concept
A=Accrual Concept
G=Going Concern Concept
Sir I'm watching your videos from last year when i gave me 12 board exam with help of you and sir now I'm in bcom(h) 1st year and i want to study by watching your videos so please sir make more videos on your subject if possible, i know sir you will help us.
Thank you ♥️
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In April 2024😂
2024
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accounting concepts and assumptions
1. Going concern concept
2. accrual concept
3. consistency
Anyone in September?
Yes me
1.going concern
2. consistency concept
3. Accrual concept
Anyone in 2k24 🙌
Yes🖐
I.....
G - going concern concept
C- consistency ( sunil sir )
A- accrual basis
1.consistency
2.accrual
3.going concern
1. Going Concern concept : Going concern means are business is not close before you have a knowledge like your business close and unclose to you deside and it is a'' going concern concept ''
Going concern concept
Accrual concept
Consistency
Separate legal entity
Convention of full disclosure
Convention of materiality
Convention of conservatism.
Cag :- consistency , accrual , going concern ❤️❤️
mai jab clss 11 mai thi tabse padh rhi aapse or aaj bcom 2 sem m hu aapke jaise teacher commerce students k liye ek bhgwaan saman h
1.Going concern concept
2.consistancy
3.Accural
4 .Basic entity concepts
Consistency- rules remain same, going concern- business keep going, accrual- transactions recorded when occur
1.Going concern concept 2. Consistency 3.Accural concert.
You are the best online teacher 💘❤❤
Going concerns concept
Accrual concept
Consistency
CAG - consistency , accrual , Going concern
Cag consistency
Accrual
Going concern concept
Sir because of you I scored 97 in account and 90 in eco (2022 batch)
Thankyou so so so much❤❤❤❤😊sir Ji aapki video se bahut jyada sport Mila aur aapke padhaane Ka tarika bahut achcha hai 😊😊
Thankyou so much sir 😊😊😊
Hi
Going concern business.
Consistency.
Accural basis
Cag
1. Consistency
2.Accrual concept
3.Going concern concept
Cag -consistency,, acrrual, going concern
Going concern concept, consistency, Accuracy
GAC:
Going concern concept( business will continue going on)
Accrual concept( business will show accuracy at the same time for income and expenses)
Consistency( business will show its consistency by doing same method every year)
These concepts works according to their name ony by name only we can understand them❤❤
Accounting concepts and assumptions
Going concern - life time business
Consistency concept - follow same rules nd regulations
Money measure concept- terms of money only
Accural concept - income nd expenses take place in a particular period will be recorded in that year only.
Entity concept - business nd business man are different
Accounting period concept - business year iss divided in the short part ..nd review the performance of business after a period .monthly checking
Cost concept - value of everything is calculated on cost not on present value
Dual aspect -double entry system.
Revenue recognition concept - like accrual concept ..revenue record when it received .
3 fundamental assusmtion
Cag
Three Fundamental concepts or assumptions of accounting.
1. Going concern
2. Consistency
3. Accrual
consistency,accrual, going concern concept, business entity concept
1 Going concern
2 consistency
3 Accural concept
1. Consistency
2. Accrual
3. Going concern
CAG- consistency accrual going concern
C:consistency
A:accural
Going concern
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Going concern concept
Consistency
Accrual concept
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1 going concern concept
2 consistency
3 accural concept
Other assumptions
Business entity concept
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Going concern concept
Consistency concept
Accrual concept
Three fundamental assumption
1 consistency
2 accrual
3 going concern
Other assumption
Business entity
1.going conser consept
2 consistency
3. Accrual consept