The answer for question number 20 is ‘long-term’ gain. Since you are disposing off a capital asset, any gain on it is termed as capital gain (long-term gain). Explain?
Kindly sir,Q17 profit and loss account starts with Trading account,here the question is "starts with" and I didn't get the answer Gross profit,,kindly clear me here
Firstly we prepare trading a/c then P AND L A/C the result of trading account i.e. gross profit/loss is transferred to p and l a/c SO P AND L A/C STARTS WITH GROSS PROFIT AND ITS END RESULT IS NET PROFIT /LOSS 👍👍
Doubt in Q 12) sir .. Balance sheets are usually prepared at the close of an accounting period such as month end, quarter end or year end. exam mai kisper mark kreygey sir?
I will clear ur this doubt in upcoming accountancy video so Stay tuned It will be uploaded in the evening or tomorrow's morning 👍 As it is easy to explain in video than the text👍
The answer for question number 20 is ‘long-term’ gain. Since you are disposing off a capital asset, any gain on it is termed as capital gain (long-term gain). Explain?
Haan capital gain bhi bool sakte hai actually iske 2 answers hain👍
Can we also say capital gain in case of profit on sale of fixed assets?? Please clear my doubt sir,, thank you
Yes
@@IGCLASSES_ thank you
Interest on drawings, for example, will be termed as non-trading (non-operational) income. Clarify?
Kindly sir,Q17 profit and loss account starts with Trading account,here the question is "starts with" and I didn't get the answer Gross profit,,kindly clear me here
Firstly we prepare trading a/c then P AND L A/C
the result of trading account i.e. gross profit/loss is transferred to p and l a/c
SO P AND L A/C STARTS WITH GROSS PROFIT
AND ITS END RESULT IS NET PROFIT /LOSS 👍👍
Nyc way of teaching
Doubt in Q 12) sir .. Balance sheets are usually prepared at the close of an accounting period such as month end, quarter end or year end. exam mai kisper mark kreygey sir?
Aapne uder at the end of Accountings period tick karna hai👍
Bus yeh yaad rakho end mae banti hai
19/20..thanku sir..
18 ka answer net profit
No its net loss i have explained it👍
Excellent sir
4th part kab aya ga..mcq ka sir..my confidence is high after attempting these mcq ...well done keep it up
After 3 -4 days
Aur haan go through the economic mcq at 6pm👍
@@IGCLASSES_ 👍👍👍👍👍👍👍❤❤❤❤❤❤
@@IGCLASSES_ ok sir..
@@IGCLASSES_ sir plzz btye telegram channel kyse join krni hai
@@farhanwani4059 download telegram app
Then the link is given in discription of this video
Click it and join👍
And if still not done dm me at my no.👍
Sir question no.18 i think it is net profit
Bro as u know that debit side is expense side
So if expenses are more than income then it should be loss👍
Grt way of teaching
D
Sir please continue upload video
Bro we are uploading 2 videos daily
C
Copyrights is also intangible assets
Yes bcoz they are rights
Have u ever seen Human rights😂
Hope u understand it now👍🙂
And by the way good question 👍
A
Q2 a
Sir where is part 4 mcqs
ruclips.net/p/PLWYlpUD_PYbAu0ha1gGWQi1-SFghG7FMf
Here is all mcq
sir plzz snd a link to join in telegram
Bro search IG COMMERCE CLASSES
U will get it
Actually many are facing problem in link on youtube
Or go to discription of this video u will get it
Thank you sr
👍👍👍
19/20
Sir doubt in 19 and 20
I will clear ur this doubt in upcoming accountancy video so
Stay tuned
It will be uploaded in the evening or tomorrow's morning 👍
As it is easy to explain in video than the text👍
Watch our latest video u will get ur answer👍
got 20/20....
Thnx sir
Again 10... consecutive 3rd video
20/20
17 qs
Exceptional 👍🏻
18/20
Really
15
Thax u sir
20/20
18/20
Thanks sir