#3 Contract Costing - Problem 2 - B.COM / CMA / CA INTER - By Saheb Academy

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This is the second problem of Contract Costing where we have to prepare 3 Contract Accounts for three continuous years till the contract is completed.

After watching this video you will be able to solve Contract Costing problems easily and with logic.

⏱TIMESTAMPS
00:00 - Intro
00:12 - Fast Recap
02:24 - Problem

Contract Costing Playlist

This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.

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#CostAccounting #BCOM #CAINTER

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As you inspired others..
You added meaning to my life, too...
Thanks for being a great inspirer..
Always!
Happy teacher's day😊

ashwinisutar

Thanks so much sir last year I did costing accounting very well because of your lectures and hope I will do the same this year 😊

marymarial

Thank you so much for your video sir
Earlier I don't understand this topic but from your videos I understand it very clearly

ominiSharma

Thank you so much for doing this video sir .it's vv easy to understand contract costing in this method

likithadamodhar

Thankq very much sir for this amazing explanation

kajalpoddar

Thank you😊 sir well explaining it's good👍

manjumaddy

Best sir wow amazing presentation it helpse lot

Demonkingdom

Thank you so much Sir! The previous videos on this topic was very useful. Do make more videos on various topics on Cost accounting. Please Sir

prathiba

Sir, for CA Inter would the answer be 58, 500/- as we don't have to include WIP Reserve on Cr. side

AjayKumar-uysk

Upload other costing chapters soon such as standard cost, marginal cost

vikkyshaw

Sir please do vedio on farm accounting and insolvency accounts.

johnpeter

Oh noo the escalation video is for members onlyy😢😢😢

Anitha-xv

Tnku sir for doing videos in english..concepts got clear..can u do a problem with escalation clause

arathiradhika

For CMA inter also shall we follow the new syllabus method is it crt or wrong?

balakumaran

Sir in Bcom syllabus we have work completed if 50%> and <75%(there isn't 90%)and if >75%(we don't have 90%)then Estimated profit calculation we have

basha

Wanted a clarification from you sir, what will be the accounting treatment for salvage value if any.. should we debit or credit in contracts account and what about in bs??

dronakakati

If the contract starts at April 2017 ends at June 2018 and information on expenditure and work certificate is given for April 2017 to March 2018, but there were estimated information for further expenses till the end of contract do we take both the information in the contract account or only the information for one year??

inishishabniang

Sir the last year was have loss how to calculate the amont

akasharakashar

Sir why notional profit is calculated in 2017 year why it is not calculated in year 2016?

PiyushAgarwal-nluq

Better u should calculate contractee alva also bcoz iam confused in that only but u didn't shown that only just u explained

dynamic_girll

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