Lesson 9:: Trading A/c, P & L A/c and Balance Sheet

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Trading A/c, P & L A/c and Balance Sheet

Caption: The trading account shows the revenue and expenses related to buying and selling goods, while the P&L account shows the total revenue and expenses incurred by the business during a period, including operating expenses.

The balance sheet provides a summary of a business's assets, liabilities, and equity, and it reflects the financial position of the business at a specific point in time. It is a useful tool for analyzing a business's financial health and determining its ability to meet its financial obligations.

Keywords: Trading account, revenue, expenses, gross profit, P&L account, net profit, net loss, revenue, operating expenses, balance sheet, assets, liabilities, equity, financial position, financial health, financial obligations.

Consignment Accounting: Part 1

Consignment Accounting: Part 2

Consignment Accounting: Part 3

JOINT VENTURE: PART 1

Types of Accounts and Accounting Process

Accounting Equation Part 1

Accounting Principles

Rules of Debit and Credit

Accounting Equation-Part 2

JOURNAL

Ledger and Trial balance

Final Account Adjustments

Trading A/c, P & L A/c and Balance Sheet

Depreciation Accounting

Difference Between Trial Balance and Balance Sheet: Trial Balance vs Balance Sheet

JOINT VENTURE: PART 2

HOW TO SOLVE FINAL ACCOUNT QUESTIONS FAST

HIRE PURCHASE: PART 1

HIRE PURCHASE: PART 2

BRANCH ACCOUNTING: PART 1

BRANCH ACCOUNTING: PART 2

BRANCH ACCOUNTING: PART 3

INVENTORY VALUATION

Funds Flow Statement Part 1

Funds Flow Statement Part 2 Adjustments

Garner Vs Murray Rule: Insolvency of Partner(s)

Insolvency of All the Partners

FINANCIAL ACCOUNTING SYLLABUS OVERVIEW B.COM | B.COM (Hns)

Periodic Vs Perpetual System of Inventory

Bills of Exchange Part 1

Bills of Exchange Part 2

Accounting Notes and MCQs

Financial Accounting Syllabus B.Com Hns

Income Tax live class Series 1

B.Com 1st Semester Syllabus II B.Com First Year Syllabus DU II B.Com Syllabus
This Video will help you to understand in an easy way the concept of Trading account, Profit and Loss account and Balance sheet.
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Mr nitin is a great teacher... everything is easily explained...he has a great teaching style..v knowledgeable.

charuchugh
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This is what we called.. teaching
Love from kashmir

worldbestulamas
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Sir actually Im from non commerce background ... before watching your videos Im afraid of accounts accounts actually... But you are the one of my legendry lecturer sir I'm thinking you so much sir..😊. .
Sir my wish is to say that keep the problems solved videos we will learn problems how to solve ..

I'm heartfully thanks to you sir😍😍

ksrikanth
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Mereko rona aa gaya tha... I could not do these questions... Aapka video dekha to ab lagta hai...i can do it 😍😍😍😍😍😍😍😍😍

aashutoshsinha
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Really A big thank you to u Sir, apka teaching style best hai.. Mai commerce background se nhi hu but fr b aapne bhot ache se smjhaya jo muje smjh aagya
Trading Account
Profit and Loss Account
Balance Sheet 🙏😊

lalitachauhan
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Sir I follow your every class, you are really a good explainer, I searched a online teacher just like you..keep teaching in this way and spread knowledge to us praying to god for your healthy life

palashdas
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Thank you sir I'm a science student and right now working in ICICI Bank as a po and thanks for clearing that topic it really helped me alot ... really appreciating

thebankerrr
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may god bless you and your family sir. i'll be grateful forever.

ramu
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superb !! soo nicely explained.. hats off to your explanation in a fun manner.. and your knowledge and good karma to teach us. such a noble cause..

listengoodsongs
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Thank you sir jo apne itne ache se pura smjha diya apki video se bohut jayda help mili mujhe trial balance ke question solve karne me

bts-pgwx
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This is the actual way of teaching MashAllah sir may Almighty blessed uh❤️

sakinabanoo
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maine apki video se shikha bahut si knowledge

religarestockbrokerpancent
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Sir dil se Keh raha hoon... Youtube Mein itne video hai accounts ke... Lekin aapke video ke samne... Sabhi video fail hai.... Aapka lecture aur aab jis tareeke se short form Mein describe karte ho... Wah Kamaal 🙏🙏🙏🙏🙏🙏🙏🙏👍👍👍👍👍👍👌👌👌👌

KARANSINGH-uezx
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Sir, I brought 10/10 In my unit test of final account.love you sir❤️

titanpower
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Sir, this is the prayer of a student that you will go far ahead, God bless you, thank you

sauravyadav
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It's amazing how you made it look so easy, sir. Commendable!

rishabhbhatia
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After searching so many videos this is the one I found satisfactory, thank you so much for the knowledge 🤘

rahuldahiya
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You have covered vast concepts in a short span of time 👍✨ Thank you so much sir🙏🏻

anonymous-trsi
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Great ! I think your are best teacher. Very easily understood.

shakilsumy
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Thank you sir, one of the best videos I watched in a while.

jayj