I am deeply indebted to Kiran Sir. Despite having a Bachelor's in Business Administration and an MBA, along with 5 years of studying accounts, I never truly understood the subject and often relied on cramming to pass. However, after starting to prepare for FAA with Kiran Sir's accountancy videos, my interest in the subject was sparked, and I began to grasp the concepts. I practiced over 10,000 MCQs on accounts, and eventually, I excelled in FAA. I am now undergoing training at the Finance Department, ATI Srinagar. Thank you, Sir, for making a difference in my understanding and success!
11:31 Marshalling of assets and liabilities refers to the process of arranging the items of a balance sheet (assets and liabilities) in a specific order. In other words, it is a process of arranging the various assets and liabilities appearing in a balance sheet as per a specific order. Agar specific order mai hai toh Marshalling hui hai otherwise nahi hui hai
Bhai question firse pado aapka concept sahii ha but question poora nhi pada apne . Since he has not arranged the balance sheet in order so it is evident he has NOT done Marshalling
Pls correct me Sir 06:20 isn't this an example of accrued interest. Accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid out. In this case, the interest was earned by March 31, 2023, but it was due for payment on November 30, 2023. Therefore, the interest has been accrued but not yet paid out, making it an example of accrued interest
Sir question no 5 needs correction. If its said interest earned means not recieved yet... It shud be accrual interest. If it is saying recieved then it woukd become unearned.
I think unearned interest is correct becoz question mein likha hai ki hmne IOI earn kr liya abhi wo due nhi hua tha hmne due date se pehle hi earn kr liya to USS hisaab se unearned interest hi hua
@@siratsirat2779 either the qs is wrong Or i am not underdtsnding. As per the accrual concept i put this statement. If earned then how it can turn to unearned. It shud be then interest recieved but due on....the required date. Not earned then due.... ???
@@symeraayat1995Accrued interest:means interest due but not received...but in this question interest on investment has been earned aor abhi due nhi hua hmne due date se pehle hi earn kr liya to yeh hua na interest on investment received in advance (i.e unearned interest: interest that we received in advance):
@@siratsirat2779 interest earned but not recieved yet thats accrual concept. In this question when you have earned it first. Ab me maan ke chalon aapka sahi hai par the question isnt saying that we have recieved it either. Then the question shud hsve been interest recieved not earned.... The its due date shud be mentioned uskay baad yeh advance hota or unearned banta. Isnt it?
Q8) - Business unit closed permanently or temporary ? Agr sir temporary hota hai ,inventories , stock whin pda hai then thik hai fixed cost ! Agar permanently close hogya & rent par tha then fixed cost kase ?? & i am confused btw shutdown cost & fixed cost . I attempted one mock & answer of this question was given there - shutdown cost ,…
Mocks le lo then analyse wrong questions topic fir se padho..Google se un topics k bohot saare mcqs solve Karo.. like testbook,byjus,doubtnut se mcqs karlo ..then add important points on ur short notes... Hope this will help you
I am deeply indebted to Kiran Sir. Despite having a Bachelor's in Business Administration and an MBA, along with 5 years of studying accounts, I never truly understood the subject and often relied on cramming to pass. However, after starting to prepare for FAA with Kiran Sir's accountancy videos, my interest in the subject was sparked, and I began to grasp the concepts. I practiced over 10,000 MCQs on accounts, and eventually, I excelled in FAA. I am now undergoing training at the Finance Department, ATI Srinagar. Thank you, Sir, for making a difference in my understanding and success!
Good level of question not too easy not too tough... Jkssb level... Keep going..
Q:13 option c is correct
11:31 Marshalling of assets and liabilities refers to the process of arranging the items of a balance sheet (assets and liabilities) in a specific order. In other words, it is a process of arranging the various assets and liabilities appearing in a balance sheet as per a specific order.
Agar specific order mai hai toh Marshalling hui hai otherwise nahi hui hai
Yes confusion
Bhai question firse pado aapka concept sahii ha but question poora nhi pada apne . Since he has not arranged the balance sheet in order so it is evident he has NOT done Marshalling
A great lesson given to us by using a funny trick to avoid a mistake in exams thanks sir for ur efforts
Thanku sirji
Outstanding expense is representative personal account or expense or liabilty or All
Superb sir
King iz back.... super 🌟🌟🌟
Your dedication motivate us 🙏🙏♥️
Shut down cost m kya difference hua.agr fixed cost bi same hai.shut down ki.trah
Q13 C part is the right answer
Thanks sir
Good Evening sir,
Thank you so much for your series of accountancy It help me for my ACC Exam.
Thanku sirjee .....you are the best accountancy teacher.......😍😍😍
26 out of 30 .kiran sir pls mske a fresh lecture on taxes as per latest rules
Thanku soo much sir
Q18 is D
Sir 5th question created an ambiguity
hello sir hope u are doing well happy to see u again ty for the videos
Huh
Kya huh yeh class hy koi mazak nahi horaha hy yeha
Thanku sir ji
Thankuuu so much sir🙏
Sir sath me baki 3 options bhi elaborate karna plz ,, thankyou sir g
Thanku sir
Pls correct me Sir 06:20
isn't this an example of accrued interest.
Accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid out. In this case, the interest was earned by March 31, 2023, but it was due for payment on November 30, 2023. Therefore, the interest has been accrued but not yet paid out, making it an example of accrued interest
Guru parmeshwar ki jai 🚩
Allah bless you sir
Organisation code for the app
Thank u
Sir please thoda thoda theory part ma explainaton b diya karo that would be kindness
Sir question no 5 needs correction. If its said interest earned means not recieved yet... It shud be accrual interest. If it is saying recieved then it woukd become unearned.
Absolutely, here interest is earned but Is due for payment........so accrued interest
I think unearned interest is correct becoz question mein likha hai ki hmne IOI earn kr liya abhi wo due nhi hua tha hmne due date se pehle hi earn kr liya to USS hisaab se unearned interest hi hua
@@siratsirat2779 either the qs is wrong Or i am not underdtsnding. As per the accrual concept i put this statement. If earned then how it can turn to unearned. It shud be then interest recieved but due on....the required date. Not earned then due.... ???
@@symeraayat1995Accrued interest:means interest due but not received...but in this question interest on investment has been earned aor abhi due nhi hua hmne due date se pehle hi earn kr liya to yeh hua na interest on investment received in advance (i.e unearned interest: interest that we received in advance):
@@siratsirat2779 interest earned but not recieved yet thats accrual concept. In this question when you have earned it first. Ab me maan ke chalon aapka sahi hai par the question isnt saying that we have recieved it either. Then the question shud hsve been interest recieved not earned.... The its due date shud be mentioned uskay baad yeh advance hota or unearned banta. Isnt it?
My Jigr
sir...
Singh is king and king is back to assist
Thank you so much sir ❤
Thank you so much sir
Q8) - Business unit closed permanently or temporary ? Agr sir temporary hota hai ,inventories , stock whin pda hai then thik hai fixed cost ! Agar permanently close hogya & rent par tha then fixed cost kase ?? & i am confused btw shutdown cost & fixed cost . I attempted one mock & answer of this question was given there - shutdown cost ,…
❤ Sirji
Metro wala pataa nhiii thaa sir, thank uhh sir
Same here
Sir any book for this
Selection karwa do Sirji 🙏
Sir plz topic wise mcqs lao
Best
Sir fixd cost and shout down cost what is different
Ab continue rakhna vedioes
Sir is profit and loss A/C is prepared in single entry system
Profit and loss ac may or may not be prepared in single entry system... But sir has tick only ist option...?
Yes , both b and c tha waha pa
But rule of single entry said not compulsory that's why p&l ac is not taken in the option
❤❤❤❤
I think shutdown cost vl be answer...
28 out of 30
Topic wise mcqs sir
explaination b diya kro sir g
Sir are these mcqs mixed in nature or from a particular topic?
Aaf ko kya lgaa, syallbus dekh k 😅
26/30
Sir we need xplainations of other options
Topic wise mcq set lawoo
Sir plz newly added topic pr session lao
25.5/30
Please start Offline mock test
Guru g help us to score 25+ in accounting
Sir IASB established in 1973
Right bro
2001
Sir newly added topics ko achey se separately karao please
Sir accountancy ki book koan si achi rahie
Elements of book keeping( C .Mohan juneja and RC chawla) and account for partnership organisation TS Grewal
Imputed cost also called opportunity cost in economics
29/30
Kamal kr diya
@@Msc-ee4nr adsa
Need to learn about accountancy, will you help?
@@Msc-ee4nr adsa
Kab padhavu ge?
Sir woh free hai ki paid😢
Ca lateef k hote hua ider kya kar re ho
@@SanjeevRajput17181 mcqs usne mcqs nhi dekhaayain hai
Sir please give free pdf MCQ
4
U r amzing sir
26😊
A
Expected cutoff under handicapped catagoies in FAA exam
80
@@IshfaqLone-o6r catagory
24 mks without revisionn🙏
27
P&l A/c is also not a part of incomplete records kindly this question once again
Q no. ??
13
Incomplete record are those records that doesn't follow double enrty concept..it's means the answer are both a&b coz p&l also follow this concept
Shut down cost
Sar ko door rkha kro aap g.agy khdy ho jte ho question Nazar hi ni aata
Confusing questions
17500
Exam hoga ya b ya nhi...😢
Ma select nhi hoo paa rhi bhut padti ho
Mja smj nhi ata ku
Mocks le lo then analyse wrong questions topic fir se padho..Google se un topics k bohot saare mcqs solve Karo.. like testbook,byjus,doubtnut se mcqs karlo ..then add important points on ur short notes...
Hope this will help you
Only metro wala wrong hua
Request to pankil sir to come with maths faa practice set
Exactly 💯
Faa😂😂
All questions copied from ig classes session
Ig classes wala kya Ghar mein bnata hain questions 🤣🤣🤣
@@sumit4578😂😂😂😂😂
Yes apne bnta hai woh....es ki tarah copy paste nhi krta
Dusre k content ko khud ka bolta hai
Ya log mock test k Paisa khayei gaa 😂faa ka exam nhi hoga
Thankyou so much ❤❤❤
Allah bless you sir
22 😊😊😊