Financial Accounting in simple English, All Accounting topics covered.

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  • Опубликовано: 23 дек 2024

Комментарии • 359

  • @Feteh4all
    @Feteh4all 2 года назад +41

    P, I have seen your 30 minutes teaching on time value of money and was blown away how you simplified it and made it so easy to grasp it quick. Now, miraculously you put this concise summary on financial accounting which I really really needed to brush on my aging knowledge on accounting. I was even considering going back to school to do this but your video is more than sufficient for my current need. Thank you brother!

    • @pmtycoon
      @pmtycoon  2 года назад +7

      Thanks Justice, you made my day with the wonderful comment 🙏💓

  • @UndertheMicroscope225
    @UndertheMicroscope225 Год назад +9

    This was a very thorough video. I have always struggled with accounting but couldn't seem to stay away from Accounting Jobs. Just landed a Controller position and needed a refresher on the basics. This will be on repeat for me as I step into a new challenge in my career. May GOD bless you for putting together this course and may ALL of those who find this video ALL grow in knowledge and in whatever aspect of their journey in Accounting. GOD BLESS

    • @pmtycoon
      @pmtycoon  Год назад

      Amen

    • @iamahorsenut7541
      @iamahorsenut7541 4 месяца назад

      Yes I found this to be the best video so far on RUclips on the subject

  • @troymasuku7260
    @troymasuku7260 2 года назад +6

    Thank you for taking 3 months of knowledge and compacting it into 1hour 48mins of enjoyable and easy to understand learning. Thank you for helping me to achieve my goal of understanding the Principles of Accounting.

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Troy for the nice words

  • @talhabinasghar4567
    @talhabinasghar4567 2 года назад +6

    Oh my goodness. Your channel has all things that I was searching for almost 2 years and now here we are. Finally found a channel which really deserve Subscribers

  • @pongringmei6672
    @pongringmei6672 2 года назад +7

    myself coming from completely professional background, but gaining all the necessary finance terms with this 1 hours 47 minutes. Thank you very much

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Thank you for the feedback. Appreciate it much 😊

  • @JonnRamaer
    @JonnRamaer 11 месяцев назад +2

    THIS VIDEO IS THE BEST I HAVE FOUND ON THE INTERNET !!! THE LOGICAL SEQUENTIALITY OF IT SHOULD BE USED IN ALL...I MEAN ALL SCHOOLS WHERE THIS SUBJECT IS TAUGHT AND WHERE EVER PEOPLE HAVE INTEREST IN LEARNING THIS MATERIAL. I AM RECOMMENDING THIS TO ALL MY FRIENDS, CONTACTS AND READERS. THANK YOU SO MUCH FOR MAKING THIS FANTASTICLY COMPREHENSIVE BEGINNERS WORK-VIDEO, IT IS ABSOLUTELY PERFECT !!!

    • @pmtycoon
      @pmtycoon  11 месяцев назад +1

      Thank you Jonn for the comments, appreciate it 😊

  • @komminen
    @komminen 2 года назад +10

    you simplified the entire series in to one episode delivering every aspect of financial accounting. Thank you

    • @pmtycoon
      @pmtycoon  2 года назад

      Thanks Partha for the nice words, appreciate it.

  • @datasherlocka
    @datasherlocka 5 месяцев назад +2

    You are a talented teacher! Clear, comprehensive, structured view and you clearly understand what's relevant and what's not. Thank you!

    • @pmtycoon
      @pmtycoon  3 месяца назад +1

      Wow, thank you!

  • @Outlier_G
    @Outlier_G 2 года назад +19

    Bro you have to receive an award for summarization this accurate ❤

  • @DhitishmanDas
    @DhitishmanDas 2 года назад +4

    It's very very helpful to me, I'm currently a Bcom Honours 1 sem student and due to the pandemic my basics were messed up and I passed the exams with only theories alone and Zero knowledge of practical stuff, thank you very much.

    • @pmtycoon
      @pmtycoon  2 года назад +2

      Glad it was helpful 😊

  • @mohitchaudhary241
    @mohitchaudhary241 2 года назад +11

    I wish he was my school teacher. I am sure you made the best video on accounting on whole RUclips. By the way your new subscriber . Thank-you so much sir for making this video it helped me in my half yearly exam.

    • @pmtycoon
      @pmtycoon  2 года назад +2

      That's a sweet comment , thank you

  • @hussainzaki3082
    @hussainzaki3082 Год назад +4

    Honestly, one of the most amazing and on point lectures. Your legend

  • @anjumshaikh3175
    @anjumshaikh3175 2 года назад +3

    No words to express ..I must say you r award winning teacher.. Carry on!

    • @pmtycoon
      @pmtycoon  2 года назад

      Thanks 🙏 Anjum

  • @prafulc7201
    @prafulc7201 5 месяцев назад +3

    Amazing content. All who want to learn accounting and keep it as a reference, this is gold.
    Mnemonic/trick to remember Debit Credit in accounts:: 1:12:37
    3 lines to remember.

    • @pmtycoon
      @pmtycoon  3 месяца назад

      Glad to see that ☺️ point

  • @Shreaahaha
    @Shreaahaha Год назад +13

    Finance Accounting was really something new to me 2 hours ago!! but not anymore!!! 💯
    Thanks for such a brief explanation with good examples.
    This person really knows the answer to very known question : "How would you make this understand to a 5 year old?"😂

    • @pmtycoon
      @pmtycoon  Год назад +3

      Thanks for the kind words 🙏

  • @hakenkreuz7525
    @hakenkreuz7525 2 года назад +29

    I can't explain how much this video meant for me 😭❣️this is just so special for me. God sent this video to me😍. Actually I've done science in the +2 and I'm currently studying bachelor of business studies(commerce). It's quite difficult to understand financial language because I've not done +2 in management so, I was so worried how I'm gonna understand everything 😭😭 I was afraid to ask to the teacher also about the minor problems. This video clear my all doubts☺️☺️. Thank you thank you thank you so much sir 🌺. You don't know sir how special this video is for me😍. You've done so well, really appreciate your work 😍. You'll get more appreciation in the future ☺️🌺. Keeps going sir ☺️💕 . Thank you so much ❣️. God bless you sir 😇😌

    • @pmtycoon
      @pmtycoon  2 года назад +4

      I can feel the pain you been through and relief you got. Hope this video gets shared and circulated all around so students don't have to suffer with basics and advanced concepts. I'm happy for you. May be I made this video for people like you.

    • @hakenkreuz7525
      @hakenkreuz7525 2 года назад +1

      I've already shared this video to the friends like me 🙂. I really appreciate how you easily explain the complicated words by saying it's just nothing. I mean if the teacher says it's difficult we'll really feel difficult and if the teacher person says it's simple it's really become simple, it'll not leave fear like it's so difficult. It's the plus point in your videos 😊. Specially, Speaking so easily and slowly so the viewers can understand ☺️. Hope to see more videos in the upcoming days☺️🌺.

    • @pmtycoon
      @pmtycoon  2 года назад

      You bet! :) more on the way

    • @sameer4167
      @sameer4167 2 года назад +1

      I am also troubling with same problem can uhh help me out? 😢

    • @pmtycoon
      @pmtycoon  2 года назад

      Which problem? You need to watch it and make notes.. to clear the concepts. Once concepts are clear, nothing is tough

  • @carmelakayerita5694
    @carmelakayerita5694 2 года назад +3

    Done watching this! It took me days to finish this, yet it is worth it.
    Thank you Sir for your effort. This is indeed helpful.

    • @pmtycoon
      @pmtycoon  2 года назад +1

      I'm happy to see that you finished it. And thanks for the feedback

  • @infoinkannada
    @infoinkannada 2 года назад +1

    Very helpful video. First video I seen without skip even 10 second. Please make more videos. Really it's helpful to more people .

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Thank you. Students like you make me happy :)

  • @philipsanthosh7096
    @philipsanthosh7096 7 месяцев назад +1

    This is the best explanation about Accounting in my experience. I studied accounting and never get trained. ❤

    • @pmtycoon
      @pmtycoon  6 месяцев назад

      Glad it was helpful!

  • @deepanshidogra2356
    @deepanshidogra2356 Год назад +2

    Ur teaching method is excellent!!! I will give u 101 out of 100👍🏻😊

  • @Jennythmoon
    @Jennythmoon 10 месяцев назад +1

    Thanks!

    • @pmtycoon
      @pmtycoon  10 месяцев назад

      Thanks Jenny for the kindness. Your gesture leaves me with an award winning feeling 🙏😊.

  • @aadithyaramu4901
    @aadithyaramu4901 2 года назад +2

    man... this is just stunning... now I'm only at around 42nd minute but these are some crazy information defined in a neat way.

    • @pmtycoon
      @pmtycoon  2 года назад

      Thanks for the feedback. Yes this video has a lot covered in structural order. Glad you pointed out that. Very few did it. guess most dint watch completely

  • @andrewkim1496
    @andrewkim1496 Год назад +2

    Wow, I really appreciate you making this video~
    You did a fantastic job in putting everything together.
    It really puts everything in accounting into perspective.
    Thank you!

  • @jenniferkishai9649
    @jenniferkishai9649 2 года назад +2

    A LIFE SAVIOUR 👌....Thank u so much for the teaching🙏🙏 ... ur the best🙌🙌🙌

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Jennifer

  • @fernandopintoamaralsoares3607
    @fernandopintoamaralsoares3607 Год назад +3

    cool, great job! I call this presentation as anatomy of accounting. It's really simplified❤

  • @kainatmazher9632
    @kainatmazher9632 Год назад +1

    Thank you so much for making Financial Accounting understandable. Keep up the good work. Stay blessed

  • @manjunathy4469
    @manjunathy4469 2 года назад +1

    Simply superb, Thanks very much to make this video for other to learn related to accounts, non-accounting back ground persons also easy to understand,

  • @iamahorsenut7541
    @iamahorsenut7541 4 месяца назад +1

    This is so very helpful. Best explanation I have watched so far.thankyou

  • @amolshendre2802
    @amolshendre2802 3 месяца назад +1

    Thank you for making this Vidio..! Excellent knowledge you shared. its awesome you covered all in short time.

    • @pmtycoon
      @pmtycoon  3 месяца назад

      So nice of you

  • @abdulbasith7323
    @abdulbasith7323 Год назад

    Amazing explaination.... And easy to understand... You deserve award Sir!

  • @oshandeshapriya
    @oshandeshapriya 2 года назад +1

    Great video. Everything is summarized in a way that is easy to understand. Thank you very much. You are awesome!

  • @user-aamirrrr
    @user-aamirrrr Год назад +1

    Such an amazing and easy way to teach. You are legend.
    Salute Sir ❤️❤️

  • @yasirgonzalez8969
    @yasirgonzalez8969 6 месяцев назад +1

    Amazing, very organized and simply explained! Great job!

    • @pmtycoon
      @pmtycoon  6 месяцев назад

      Thank you 😊

  • @mindrelaxingvideos8583
    @mindrelaxingvideos8583 2 года назад +1

    Brilliantly taught and keep on making such videos, sir!

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you. Will do

  • @chengechaprince1189
    @chengechaprince1189 2 года назад +1

    Wow,very simple ,to the point yet informative.Indeed Accounting made easy.Thank you .

  • @Supriyodas17
    @Supriyodas17 2 года назад +4

    This video is also an asset for me thank you ❤️

    • @pmtycoon
      @pmtycoon  2 года назад

      Glad to hear it's helpful. Thank you

  • @creators1399
    @creators1399 2 года назад +1

    thankyou so much sir .....this video makes my concepts soo clear , and i have even completed my mba's accounting subject with this single video lots of tones thanks...

    • @pmtycoon
      @pmtycoon  2 года назад +2

      Great news. Well done

  • @JannatulFerdous-y2i
    @JannatulFerdous-y2i 16 дней назад +1

    thank you so much, I understood most of the concepts you explained, you did very well explaining easily to us

  • @amitfromgurgaon2883
    @amitfromgurgaon2883 Год назад +1

    I learned so many things from your video sir. Thanks a lot for making this video. This is a great head start for someone who wants to do well in financial accounting. Thanks again..!! :D

    • @pmtycoon
      @pmtycoon  Год назад

      Great. Keep it up.👍

  • @desertsurfer3095
    @desertsurfer3095 2 года назад +1

    Im greatful, this will forge good students of accounting, you deserve more

  • @datasherlocka
    @datasherlocka 5 месяцев назад

    You are very talented at teaching! Thank you for such a comprehensive view of the topic

    • @pmtycoon
      @pmtycoon  3 месяца назад

      You're very welcome! 😄

  • @prof.nileshgawade8421
    @prof.nileshgawade8421 2 года назад +1

    Really this video is gold mine for us..... thank you very much for your efforts

    • @pmtycoon
      @pmtycoon  2 года назад +2

      Glad to see this note coming from a Professor

  • @chzacrazy4285
    @chzacrazy4285 Год назад +1

    Very impressive and motivating lesson indeed i have learnt alot through this video.

  • @kashifalijadoon583
    @kashifalijadoon583 2 года назад

    It was really an amzing video sir you'r teaching method is so Wonderfull very easily understand Thank you sir

  • @jimohibrahim5734
    @jimohibrahim5734 Год назад +2

    I love the way you did justice to the subject. Nice1 👍. Pls can you do a video of financial analysis for a project assessment for a short term project

  • @그레이스-24
    @그레이스-24 2 года назад +4

    All your hardwork is definatly seen in this brilliant video. I have liked and subscribed it and I wish you have loads of subscribers. I have made notes also of some important points. Though I am studying accounting from past few months this has worked as a booster and has cleared many doubts which I always had. Cant thank you enough. Please continue making such videos! Very best of Luck!!

    • @pmtycoon
      @pmtycoon  2 года назад

      Thanks Sana for taking time out and leaving nice comments. Appreciate it much. Will continue to do more videos

  • @shreysichandra4578
    @shreysichandra4578 Год назад +1

    love your videos. please dont stop posting videos.

  • @Yukishak
    @Yukishak 2 года назад +5

    It’s a very effective learning material for me to revision for accounting as accounting needs practice for you to not fade out the format but thanks to this video 👍🏼 hope sir can continue with the other two topics of accounting control 🙏🏼

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Yuki. Will do the same. Just keep suggesting what's needed

  • @IamKeshavKumar
    @IamKeshavKumar 9 месяцев назад +1

    Thanks a for this simple and powerful presentation of Financial Accounting.

    • @pmtycoon
      @pmtycoon  8 месяцев назад

      Our pleasure!

  • @prashantchawariya3868
    @prashantchawariya3868 2 года назад +1

    It was really an amazing video.. i was trying to recall all the concepts of accounting.. n this video really helped me alot.. thank you so much for your efforts..

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Prashant 😊 pls subscribe for more videos

  • @lifestylegoalswithnidhi2907
    @lifestylegoalswithnidhi2907 2 года назад +1

    Awesome content. Very well taught and elaborated the concepts. Being a science student, it was really difficult for me to understand the topics for my MBA exam. Thanks a lot.

    • @pmtycoon
      @pmtycoon  2 года назад

      You are welcome Nidhi

  • @AnneOkafor-lh7qb
    @AnneOkafor-lh7qb Год назад +1

    Thank you. Ive been able to refresh my memory on accounting.

    • @pmtycoon
      @pmtycoon  Год назад

      Happy to know it was helpful

  • @alejandravasquez691
    @alejandravasquez691 2 года назад +1

    You're a genius!! thank you so much! 😍😍😍😍😍😍

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Thank you Alejandra 😊

  • @shukralashifa-o7d
    @shukralashifa-o7d 3 месяца назад +1

    very exciting !!!! thanks whole-heartedly

    • @pmtycoon
      @pmtycoon  2 месяца назад +1

      Glad you enjoyed it!

  • @bituhussainbituhussain1563
    @bituhussainbituhussain1563 2 года назад +2

    55:22 how is lisence an intangible assets ? As lisence is a paper and it can be touch

    • @bituhussainbituhussain1563
      @bituhussainbituhussain1563 2 года назад

      Sir plz clear my doubt 😂 instead of giving me heart

    • @pmtycoon
      @pmtycoon  2 года назад +4

      I had replied not sure why it's not updated. What you are touching is a paper not license. License details are just printed on it. For example, If you lose or the paper is torn, you can get another copy of that same license.
      Another example is a company brand name printed on a piece of paper. It doesn't mean that paper is the brand and so brand is tangible.
      Not necessarily Printing or writing something on a piece of paper make that thing tangible.

    • @bituhussainbituhussain1563
      @bituhussainbituhussain1563 2 года назад +1

      @@pmtycoon wow 🙏🙏 tnxx sir ... Now i fully understood

    • @pmtycoon
      @pmtycoon  2 года назад +1

      You are welcome 😊

  • @DayasagarDhanankula
    @DayasagarDhanankula Год назад +1

    Excellent - Thank you for the post

  • @samiplimbu175
    @samiplimbu175 2 года назад +1

    It is better than the others videos you explained it so well thank you😁

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Glad you like it

  • @nileshjadhav4396
    @nileshjadhav4396 2 года назад +1

    Masterpiece.. you made it very easy...thanks

  • @nehajha471
    @nehajha471 2 года назад

    Great job sir for all of us , as these 1.47 mints ,are the REAL investment for us , 100 likes from me 👍👍👍

  • @ithisrinu9593
    @ithisrinu9593 2 года назад +1

    Hi sir I am very beginner , I understand obviously . Thank you . keep making videos 👍

    • @pmtycoon
      @pmtycoon  2 года назад

      Glad it was helpful

  • @beunsatisfied4883
    @beunsatisfied4883 2 года назад +1

    Your Explanations are mind blowing

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you 💖😊

  • @troymasuku7260
    @troymasuku7260 2 года назад +2

    Great teacher!!! 🔥🔥🔥

  • @pjoy-hobbies8338
    @pjoy-hobbies8338 Месяц назад

    Perfectly summarised. Thank you 👏🎉

  • @prashanthachar677
    @prashanthachar677 2 года назад +1

    Thanks for recall accounting... awaiting for ur upcoming videos .. ty for ur 3month hard work sir...😊👍👍

    • @pmtycoon
      @pmtycoon  2 года назад

      Thanks Prashanth

  • @nethsiridarshana8455
    @nethsiridarshana8455 2 года назад +1

    Best video ever seen. Thank you ❤️

  • @1517SS
    @1517SS 2 года назад +4

    This is amazing. I must say you are one of the finest teachers in the world. The way you simplified everything omg❤ Thankyou Thankyou so much I have subscribed your channel. Plz make more such video the one-stop solution for all the major parts of finance. Lots of 💕

    • @pmtycoon
      @pmtycoon  2 года назад

      Wow. This is so wonderful to see. Thanks a ton for your kind words 😊 and subscription

  • @corsenioinoferiojr9276
    @corsenioinoferiojr9276 Год назад +1

    Subscribed! Thank you for your videos. Very helpful! :)

    • @pmtycoon
      @pmtycoon  Год назад

      Thank you for the subscription

  • @helmutwagabi6688
    @helmutwagabi6688 11 месяцев назад +1

    Many thanks for the simple introduction to Accounting theory. Any worked example videos?

    • @pmtycoon
      @pmtycoon  11 месяцев назад

      Thanks nope was waiting for viewers input like this to make one

  • @bikramjitdas9486
    @bikramjitdas9486 2 года назад +1

    Thanks a lot sir for this video lots of things I have learned once again thank a lot sir

    • @pmtycoon
      @pmtycoon  2 года назад

      You are very welcome. Happy learning. All the best

  • @HMH817
    @HMH817 Год назад +1

    Great video lessons. Very easy to follow and understand.

  • @bhargavipannuru95
    @bhargavipannuru95 11 месяцев назад +1

    very informative and useful video.Do make more videos on topics related to financial accounting.

    • @pmtycoon
      @pmtycoon  10 месяцев назад

      Thanks and sure

  • @VRaveendranadhaReddy
    @VRaveendranadhaReddy 2 года назад +1

    it's a great session of accounting overview

  • @pmtycoon
    @pmtycoon  2 года назад +11

    Pmtycoon Recommended Courses: tinyurl.com/pmtycoon-advised-courses
    Pmtycoon’ s Google Drive: tinyurl.com/pmtycoon-Google-Drive
    Follow me on Twitter: twitter.com/pm_Tycoon
    Subscribe to my RUclips channel: tinyurl.com/pmtycoon-subscribe
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    • @naveedjavid9546
      @naveedjavid9546 2 года назад +1

      One of the best video that i find on RUclips in my whole life ❤️❤️

    • @pmtycoon
      @pmtycoon  2 года назад

      That's a great feedback. Thanks for the kind words. 🙏👍

  • @sohagrichil9944
    @sohagrichil9944 2 года назад +1

    Thanks a lot sir for giving us a very important lesson

  • @nikicdragan
    @nikicdragan 2 года назад +1

    Real value here! Thank you man!

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Dragan

  • @technicallearning3399
    @technicallearning3399 2 года назад +1

    Liked and subscribed.. you deserve huge subscriber ... great explanation

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Thanks for subscribing. And kind words

  • @randylift
    @randylift 5 месяцев назад +1

    Top Tier Overview, thank you!

    • @pmtycoon
      @pmtycoon  2 месяца назад

      Glad you enjoyed it!

  • @jezzmoho4069
    @jezzmoho4069 Год назад

    Really appreciate the video ❤ I gained valuable knowledge thank you so much ❤😊

  • @GauravSingh-hn1ne
    @GauravSingh-hn1ne 2 года назад +2

    You are damn good at this bro...👍
    Just keep doing the good

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Gaurav

  • @lajosn
    @lajosn Год назад +1

    Thank you. You make me released a lot.

  • @kashifkhan-hp3cs
    @kashifkhan-hp3cs 2 года назад +1

    It's getting to clearly ❤️❤️❤️❤️

  • @MatTroiNho13
    @MatTroiNho13 Год назад +1

    Thank you! I appreciate you! 🎉

  • @miniart6624
    @miniart6624 2 года назад +1

    Thank you very much 💖😊 sir...

  • @se11111ee
    @se11111ee Год назад

    Very helpful! Thank you so much!

  • @nursulu2705
    @nursulu2705 11 месяцев назад +1

    Thank you so much for the informative lecture. It was beneficial, and I found it to be handy. Will you create some video hell for the CMA exam pls 🙏🏽

    • @pmtycoon
      @pmtycoon  11 месяцев назад

      Sure 😊 thanks 👍

  • @v.ravishankar1897
    @v.ravishankar1897 Год назад +1

    thank you sir. Can you please post a video on Corporate Accounting please.

  • @sudeep.n6667
    @sudeep.n6667 2 года назад +1

    Great job sir ❤ this video helped me to understand every concept and keep on making videos like this it very useful for students like me and I am requesting you to make a new video r upload a video atleast one in a week r 2 videos in a month 😊 sir u have superb teaching skill

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Thank you Sandeep. Will try and do it.

  • @vikasseervi6979
    @vikasseervi6979 Месяц назад +1

    Thank you very much. It was very informative💯💯💯

    • @pmtycoon
      @pmtycoon  Месяц назад +1

      Thank you 😊👍

    • @vikasseervi6979
      @vikasseervi6979 Месяц назад +1

      @@pmtycoon Btw , why are you'll not uploading new videos?

    • @pmtycoon
      @pmtycoon  Месяц назад +1

      @vikasseervi6979 im focused on building my own education brand, it will take about 6 months before I become regular on this channel for now and leverage the platform to teach students and help them succeed.

  • @ThoGing.
    @ThoGing. 2 года назад +1

    Hello sir good morning
    I would like to ask a question about who are the holders of financial assets? And Who are the makers of financial liabilities and equity instruments?
    I hope you will answer this question sir thank you

    • @pmtycoon
      @pmtycoon  2 года назад

      I'm not sure if I understand the question çompletely, but will try to answer assuming you want to know who owns the assets and liabilities.
      Depending on the firm's registration status it changes. For proprietorship. The owner of the firm holds all the assets and liabilities and would be personally liable for the firms performance be it good or bad.
      If it's a public limited company. The company is treated like a person (not literally) but in spirit. Company owns all the assets and liabilities and while management collectively takes decisions on buying assets and acquiring loans etc (liabilities). It would be the property of the company and stake holder will be the beneficiaries if the company does good or losers if company performs bad, but no one will be liable.

  • @Jennythmoon
    @Jennythmoon 10 месяцев назад +1

    excellent work! Please make more courses related to business major.

    • @pmtycoon
      @pmtycoon  10 месяцев назад

      Sure Jenny.

  • @selenaswift7778
    @selenaswift7778 2 года назад +3

    Sir , this deserves more likes and views😭❤❤

  • @aimanal-eryani7809
    @aimanal-eryani7809 2 года назад +1

    Dude.. you're awesome keep up the good work really appreciated!

    • @pmtycoon
      @pmtycoon  2 года назад

      Thank you Aiman for nice words.

  • @julie_chen
    @julie_chen 2 года назад +1

    Sending this link to my son who is doing A Level business studies.

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Glad you found it helpful to share. Thank you Julie, Appreciate it.

  • @annapurnabonakurthi9174
    @annapurnabonakurthi9174 Год назад

    Thanks a lot for such a wonderful brain mapping accounting video...While working in ERP what are majors points to be keyin as a fiance funtioanl consultant. Awaiting for a valuable Suggestion..Keeping Uploading more videos based on ERP ,master Data..Thanks Annapurna

  • @aishwaryarao3047
    @aishwaryarao3047 2 года назад +2

    Sir, please make video on cost accounting in depth about Variable fixed and O/H cost and also variances..request you to cover it on whole, it will be really helpful.

    • @pmtycoon
      @pmtycoon  2 года назад +1

      Sure Aishwarya

  • @issaosoro9737
    @issaosoro9737 5 месяцев назад +1

    hats off for you man

    • @pmtycoon
      @pmtycoon  5 месяцев назад

      Thank you 🙏

  • @mamtakam3888
    @mamtakam3888 Год назад +1

    super cool for beginners like me

    • @pmtycoon
      @pmtycoon  Год назад

      Great 👍. Thank you

  • @cefimssoas9830
    @cefimssoas9830 2 года назад +1

    Is interest on loans both short term and long term ?

    • @pmtycoon
      @pmtycoon  2 года назад +1

      loans that are payable over a term exceeding one year would be fixed liabilities or long-term liabilities. However, the payments due on the long-term loans in the current fiscal year could be considered current liabilities.

    • @cefimssoas9830
      @cefimssoas9830 2 года назад +1

      @@pmtycoon I see thnx

  • @rakhichawla434
    @rakhichawla434 Год назад +1

    Sir plz make a video on excel that how to use all formulas and other things with detailed

  • @SanJ
    @SanJ Год назад +1

    ure a real one