Trading Profit and Loss Account Format - Income Statement

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  • Опубликовано: 19 окт 2024

Комментарии • 278

  • @nashaecreary3892
    @nashaecreary3892 5 лет назад +57

    I do not usually comment on RUclips videos, but I have to say that this guy really cleared it up for me. Thorough explanations! Very good! I never truly understood what I was doing until this moment. Thank you sir.

  • @benijordan781
    @benijordan781 3 года назад +8

    Income statement most explanatory lesson on RUclips. Thank you young man

  • @beenyourself4781
    @beenyourself4781 4 года назад +22

    This is great!, in fact I learn the little I need to know in 17 minutes while I spend hours in school struggling to understand. Even though I am not serious in school but I gain what is most important. You deserve to be respect

  • @prathyushasubburaj1521
    @prathyushasubburaj1521 2 года назад +7

    Understood in 17 mins which was taught at school for one week!....thank you ! Keeeep going!!!!❤️

  • @issackkakiel3257
    @issackkakiel3257 2 года назад +3

    Young and fresh, Thank you so much brother. Keep going.... you're good

  • @prudencemugambi
    @prudencemugambi 5 лет назад +15

    Thank you so much. You explained it very well... I'm doing accounting for lawyers and I thought it was so hard until I watched your videos. Watching from Kenya 🇰🇪

    • @hstutorial
      @hstutorial  5 лет назад +3

      Prudence Mugambi 👍🏾 Good luck

    • @adwoaasomaning6805
      @adwoaasomaning6805 4 года назад +1

      Prudence Mugambi I’m also doing legal accounting in law school and it’s kicking my ass 😭😭😭😭. I hope this video helps

    • @evansabura7659
      @evansabura7659 2 года назад +1

      🇰🇪

    • @marynaiduya6207
      @marynaiduya6207 2 года назад +1

      I'm here today for the same, nastragoo😅

  • @rachealmuhongo5952
    @rachealmuhongo5952 Год назад +2

    Thank you so much lecture am catching up with your tutorials 🙏 your explanation is very clear

  • @oyfresh2919
    @oyfresh2919 6 лет назад +85

    Black excellence... No matter how Minor

    • @veemac8240
      @veemac8240 6 лет назад +3

      Keneil Williams There is NOONE minor for there's no-one superior

    • @emmanueloni2563
      @emmanueloni2563 4 года назад +1

      😤😒😒😒

    • @abubakarmusayerimaru9879
      @abubakarmusayerimaru9879 3 года назад +1

      Well done,thanks a lot . this tutorial is the best of all local tutorials I enjoy.Though, it's brief , but it's full of academic substance. He explained what I regard as miro aspect of the topic I.e. PROVISIONS which was so ambiguous before now. May the sky be your limit. However I will like to submit two suggestions to increase the utility of the lecture on this particular topic.
      1. If possible, roll both vertical and horizontal lines on the table to clearly present the entries.
      2. Less is an accounting term which I got to know just today. Therefore explain it meaning vividly for the consumption of the beginners like me.
      100 level INFOTECH MAU YOLA

    • @EvanceBwile
      @EvanceBwile Месяц назад

      As for me I think that he is an excellent teacher 😊

  • @n.y.a.r.u.i.r.u
    @n.y.a.r.u.i.r.u Год назад +3

    explained everything perfectly well just like my high school tr 😊.... Am taking a unit in financial accounting in campus and had forgotten quite a no of things so i just came looking for sth to remind me how i used to do it in high school and your video delivered !!! 😊😊😊😊

  • @doreenj2155
    @doreenj2155 5 лет назад +3

    You are really good I was not understanding but you’ve brought every thing to light..God bless you

  • @akaezesandra1519
    @akaezesandra1519 Год назад +2

    Thank you for such a simplified video and explanation, though I couldn't find a video for solving real questions for the trading and loss account. It will be really helpful.

  • @joansay7172
    @joansay7172 5 лет назад +8

    This is amazing ,I am new to the Accounting world and of all the videos i have watched on income statements this makes the best sense.IAm grateful i watched this.Definatly subscribing from South Africa thank you!!!

  • @stanbanda7608
    @stanbanda7608 5 лет назад +5

    Man you have nailed it.I have fully understood what is what when it comes to P&L.The other guys from some videos have watched were making P&L look like its rocket science.

  • @LisaPreity
    @LisaPreity 5 лет назад +9

    Thank you for the help! You did a much better job than my lecturer. Keep up the good work!

    • @hstutorial
      @hstutorial  5 лет назад +2

      Lisa Preity thanks 🙏🏾

  • @IslamPerfectJourney
    @IslamPerfectJourney 11 месяцев назад +1

    Wow u did a wonderfully job, I came across many tutorials but only yours I understood. Thanks alot

  • @christopherchiyavula6061
    @christopherchiyavula6061 Год назад +2

    Hello!
    I really appreciate your clear explanations !
    I now get where I was messing up on the ledger accounts, in terms of opening two accounts for a transaction and how to record in terms of the sides of the A/C which are the Dr and Cr side of the ledger A/C.
    Thank you.

  • @shekulawan
    @shekulawan 2 года назад

    Thanks to God with this video, I now have a better understanding.

  • @allyhamil6156
    @allyhamil6156 6 лет назад +11

    Thanks for the explanation, i have now started Finance for Managers abe, this is a part I needed to understand. thanks, Sir.

  • @osudomichael3063
    @osudomichael3063 3 года назад +1

    Thanks so much for making me understand better watching from Uganda

    • @hstutorial
      @hstutorial  3 года назад

      You're welcome. To God be the glory

  • @daniellaoikpo5898
    @daniellaoikpo5898 3 месяца назад

    God bless you richly for this!

  • @marcelogrant6147
    @marcelogrant6147 2 года назад +2

    Wow... This is really amazing, thank you so much for the explanation.

  • @oteshascarlette2010
    @oteshascarlette2010 5 лет назад +2

    The amount of videos i have watch and was none explained so well. Thank you so much

    • @hstutorial
      @hstutorial  5 лет назад

      Otesha Scarlette you're welcome 👍🏾

  • @remi6757
    @remi6757 6 лет назад +30

    You're really good, thanks alot

    • @hstutorial
      @hstutorial  5 лет назад +1

      Blade Levis Thank you 🙇🏾 Good luck!
      If you need clarification or questions to ask, kindly click on this link to choose a study plan and get in touch with us
      hstutorial.com/study-plan

  • @ccretdesigns726
    @ccretdesigns726 5 лет назад +7

    You explain this and make it seems so easy. Thank u.

  • @margaret3801
    @margaret3801 Год назад +1

    This is really great, thank you tutor 👍🥰

  • @pasha158
    @pasha158 3 года назад +3

    Very clear and very helpful to revise from - thank you!

    • @hstutorial
      @hstutorial  3 года назад

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @kam9615
    @kam9615 5 лет назад +4

    Very helpful and gives easy to understand examples, thank you!

  • @judynyutu2679
    @judynyutu2679 4 года назад +5

    Wonderful lecturer ,be blessed.

  • @yuhwamsilas6149
    @yuhwamsilas6149 Год назад

    Thanks for that wonderful explanation, it make a lot of meaning.

  • @tasherabrackett4878
    @tasherabrackett4878 3 года назад +1

    Thank you, i was in class today and my teacher was teaching this topic, didn't understanding anything he was saying, so i leaved class and went on youtube and saw your video, now I have an in depth understanding of the topic.

    • @hstutorial
      @hstutorial  3 года назад

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @magatalena
    @magatalena 5 лет назад +3

    Thank you so much my dear my lecture couldn't explain all this to me and mak me understand, was very stress thinking of looking for tutor , thank you so much your english is well understood by me as an African aint like the Indian, i have subscribed now i want for balance sheet and general journey
    Elisa (Namibia)

    • @hstutorial
      @hstutorial  5 лет назад +1

      Ok dear 👍🏾 we’ll upload more videos soon

  • @felixomondi3990
    @felixomondi3990 3 года назад +1

    The explanation was just clear

    • @hstutorial
      @hstutorial  3 года назад

      I'm glad you got value 👍🏽

  • @emmaculatemangoma9966
    @emmaculatemangoma9966 3 года назад

    thanks, loads I've just understood one day before my financial accounting exam

  • @malfieri760
    @malfieri760 5 лет назад +5

    Explained it very clearly, thanks

  • @FaithSamuel-l5h
    @FaithSamuel-l5h 4 месяца назад +1

    Good god bless you and your family

  • @defnotfemi
    @defnotfemi 3 года назад

    i have been looking for the right explanation since....thank you

  • @afisaally2001
    @afisaally2001 5 лет назад +2

    You deserve to be a good teacher tenx so much at least i understand

  • @2stripes393
    @2stripes393 5 лет назад +4

    Leaving cert will be much better because of you godbless

  • @sylviasimasiku2603
    @sylviasimasiku2603 5 лет назад +1

    GOOD EXPLANATION, PLEASE KEEP MAKING MORE , MAY GOD BLESS YOU.

  • @justinachetachi6238
    @justinachetachi6238 5 месяцев назад

    Thank you so much you have been really helpful

  • @allvideoenjoyallvideoenjoy6024
    @allvideoenjoyallvideoenjoy6024 4 года назад +1

    I like ur lecture very much.

    • @hstutorial
      @hstutorial  4 года назад

      All video enjoy All video enjoy Thank you so much 😊

  • @brianabraham908
    @brianabraham908 4 года назад +5

    Please keep on doing this it’s really helpful
    -From Mzumbe university Tanzania, morogoro 🙏🏽

  • @myiandlovu2268
    @myiandlovu2268 6 лет назад +8

    thank you soo much,that was quiet understandable

  • @takudzwamillion9653
    @takudzwamillion9653 5 лет назад +3

    thank u Sir ,u really helped me a lot...you are the best on top of the rest

  • @2stripes393
    @2stripes393 5 лет назад +2

    I go to school in Ireland but you've helped me more than my teacher thank you

    • @uzair263
      @uzair263 5 лет назад

      2 stripes same i have my junior cert exam tomorrow and am over here lookin up videos how to do income statement 😂

  • @DenaTv99
    @DenaTv99 3 года назад

    Thanks so much for this have learnt a lot

  • @mohamedfarah8017
    @mohamedfarah8017 3 года назад +1

    Thanks, I really enjoyed.

    • @hstutorial
      @hstutorial  3 года назад

      You’re welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @briannabryan9027
    @briannabryan9027 5 лет назад +2

    I learned more from you than my teacher. Thanks👍. Keep it up.

  • @angelinaandrew3451
    @angelinaandrew3451 2 года назад

    THANK YOU SO MUCHH!!!!!
    do you have a video uploaded where you do some examples?

  • @sylvesterbwalya3643
    @sylvesterbwalya3643 3 года назад +1

    well explained and easy understand

    • @hstutorial
      @hstutorial  3 года назад

      Thank you. Feel free to enroll in our courses at hstutorial.com/courses

  • @abdulwelisalimooo7892
    @abdulwelisalimooo7892 5 лет назад +1

    Wow.....what an explanation,thank you so much.

    • @hstutorial
      @hstutorial  5 лет назад

      Lil Peace 1 you’re welcome 😊

  • @morayaporter8853
    @morayaporter8853 3 года назад +1

    Thank you so much sir.Yoy just saved me.I forgot how ro do income statement and I have exam tomorrow,your video saved me😭🙏🏽

    • @hstutorial
      @hstutorial  3 года назад +1

      You're welcome. I wish you the best

  • @hannahduncan1724
    @hannahduncan1724 4 года назад

    God bless you
    KIA its was helpful tho am done with university,but which I was taught like this.I would have been bold to face any question

  • @official_kingsleyike2563
    @official_kingsleyike2563 2 года назад +1

    Very nice I would recommend this vid

  • @ngulubenoel7724
    @ngulubenoel7724 3 года назад

    Very clear, thank you very much , i have enjoyed it.

  • @omotolachristiana7577
    @omotolachristiana7577 5 лет назад +3

    Thank you very much hs tutorial has really impacted me a lot

    • @hstutorial
      @hstutorial  5 лет назад

      You’re welcome 😉

    • @sundaysunday5824
      @sundaysunday5824 4 года назад

      @@hstutorial please am an accounting students I may likely need some help

  • @barakapaulo3767
    @barakapaulo3767 4 года назад +1

    Very interested one day I will make my own video and share to the people as you did

  • @jameskipkorir8098
    @jameskipkorir8098 3 года назад +1

    Thanks a lot,you have really helped me

    • @hstutorial
      @hstutorial  3 года назад

      You're welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @ryan101120
    @ryan101120 3 года назад +1

    I love the accent and the detail in the explanations

  • @ogundipeoluwalonimipeace7340
    @ogundipeoluwalonimipeace7340 3 года назад +1

    Thank you so much, am very grateful, i really understand his lecture

    • @hstutorial
      @hstutorial  3 года назад

      You are welcome. Feel free to enroll in our courses at hstutorial.com/courses

  • @florencek4568
    @florencek4568 2 года назад

    Charles thank you for this tutorial 👏
    Kindly take me through cash flows and partnership account

  • @roxana989
    @roxana989 5 лет назад +1

    Thank u verry much, verry good explication. Make more videos like these, u are really good! 👍

  • @TPKLiah
    @TPKLiah 5 лет назад +2

    Am an Engineering student but I took an accounting course as an elective , though I have a problem getting Western Africa accent ,however I really enjoyed your tutorial

    • @hstutorial
      @hstutorial  5 лет назад +1

      👍🏾Good luck brother

  • @martinnjonnes2954
    @martinnjonnes2954 3 года назад

    Thank you very much sir 🙌

  • @farxiyonadiif7456
    @farxiyonadiif7456 Год назад

    Thank you for explanation

  • @sanyaoluoluwafemi1846
    @sanyaoluoluwafemi1846 2 года назад +1

    You did a great job. well done sir. However, Rent Receivable is a current asset not yet an income. if it is rent received, that's the income. Thanks

  • @maebelleeric2956
    @maebelleeric2956 5 лет назад +1

    Thank you. It really helps me alot

  • @stanleyagho6699
    @stanleyagho6699 5 лет назад +1

    Am an acc student you really have done great to my career i appreciate

  • @enehnkiruofoedu6624
    @enehnkiruofoedu6624 4 года назад +2

    Thanks alot, I think I have found my business studies teacher, 😏weldone u explained it more than my teacher

    • @hstutorial
      @hstutorial  4 года назад +1

      eneh nkiru ofoedu you’re welcome

  • @marynassuuna7474
    @marynassuuna7474 3 года назад +1

    Thanks for this explanation. This thing has been confusing me!

    • @hstutorial
      @hstutorial  3 года назад +1

      You're welcome. I wish you the best in your studies.

  • @leonfontius5300
    @leonfontius5300 4 года назад +1

    Your amazing thank you so much I did accounting before but I needed a refresher this video really helped

  • @natashadhlomo1011
    @natashadhlomo1011 6 лет назад +2

    thanks alot l have really learnt from Zimbabwe

  • @randomstuff3f76
    @randomstuff3f76 2 года назад

    You still helping thanks

  • @yxngdosh6279
    @yxngdosh6279 2 года назад

    amazing video and explanation

  • @worekalem.mekuriaw5811
    @worekalem.mekuriaw5811 2 года назад

    Thank.you.my.brother.good.job

  • @abiolaadegbola7912
    @abiolaadegbola7912 4 года назад +1

    Wow his really good 👍👍👍👍👏👏👏👏👏

  • @ivyhiyamwa320
    @ivyhiyamwa320 5 лет назад +1

    Good explanation.thanks

  • @asalintolinto8772
    @asalintolinto8772 5 лет назад +1

    Wooww! thank you so much, you are truly the best

  • @mawusigadasu
    @mawusigadasu 5 лет назад +2

    Well detailed explanation wonderful work done very brilliant

  • @HarrisonJay
    @HarrisonJay 5 лет назад +2

    Thanks man, now i get it real good

  • @elsiedulo1309
    @elsiedulo1309 4 года назад +1

    Very helpful!

  • @princekudzai7458
    @princekudzai7458 6 лет назад +1

    Very Help full thanks!!!

  • @francomugo2913
    @francomugo2913 6 лет назад +1

    This is excellent...you are clear

  • @nduggajoseph5371
    @nduggajoseph5371 5 лет назад +2

    Its really educative thx bro

  • @Chanta.i
    @Chanta.i 3 года назад +2

    Great explaination🙌🏽

  • @accountingforbeginners9210
    @accountingforbeginners9210 3 года назад

    Good,well done ,you will be a good accounting teacher in future

  • @otitojuoluwaseun4349
    @otitojuoluwaseun4349 3 месяца назад

    Wow. You are a tech.
    Keep it up. I love the way you teach.
    But next time makes sure you get lightning and good environment with less underground noise.
    Good job.

  • @sandeepmaurya7182
    @sandeepmaurya7182 4 года назад

    Nice vedio lecture
    I am from India

  • @abigailkai5042
    @abigailkai5042 5 лет назад +1

    Good one.Thanks

  • @thefrankincense4331
    @thefrankincense4331 6 лет назад +1

    Wow I have really understood,thanks bro and keep up the good job.

  • @joylinejemutai8454
    @joylinejemutai8454 3 года назад

    Thank you I am helpfull

  • @maryoluoch6746
    @maryoluoch6746 4 года назад +1

    Good job. I love it

  • @Nomyperry
    @Nomyperry 5 лет назад +1

    thank u for putting me through again.. I understand dz well now

  • @jsaeurope8515
    @jsaeurope8515 5 лет назад +2

    thank you so much could you show hot to prepare ledgers and journals please

  • @jojophandoh7297
    @jojophandoh7297 3 года назад +1

    In fact I'm less burdened at last...Thank you Big Bro

  • @blessingshub123
    @blessingshub123 2 года назад

    Very helpful,,

  • @andraebruce6453
    @andraebruce6453 5 лет назад +2

    thanks a lot i understand now

  • @nolagamingnolan5977
    @nolagamingnolan5977 4 года назад +1

    Very helpful

    • @hstutorial
      @hstutorial  4 года назад

      Thank you. Good luck in your studies.

  • @rabiuhusain87
    @rabiuhusain87 5 лет назад +1

    tnx sir for this tutorial

    • @hstutorial
      @hstutorial  5 лет назад

      Thank you 🙇🏾 Good luck!
      If you need clarification or questions to ask, kindly click on this link to choose a study plan and get in touch with us
      hstutorial.com/study-plan

  • @ranafarhan6935
    @ranafarhan6935 5 лет назад +1

    love you really cleared my confusion