Contract Account with Balance sheet | Contract costing Practical question| Cost accounting

In this video, I disussed about th Contract account practical question in contract costing. We discussed about the contract account , Contractee account and Balance sheet. Best Video for those who want to understand the Contract account with question.
Contract Costing pdf
Format of contract account

Calculation of profit on incomplete contract(notional profit)

Meaning and introduction of contract costing

Join this channel to get access to perks:

[Shehzadi]

Thank you so much sir sama mera exam aap ke wajah se my thoda prepare huyi hu thank you sir

[sahilkansara]

We credit contractee account because he is the giver of that cash (personal account rule)

[poojatiwary]

Thank you bhaiya aapne bahut aache se hr ek concept ko samjhate hue question ko solve kiya
Very good 😊😊👍👍

[kiranbala]

Thank u soo much sir .ur way of teaching is outstanding👍👍👍👍

[anuragsingh-mghv]

very well explained content helped me alot to understand whole topic in just 1 video

[shamithadinesh]

Very much detailed explanation you have given sir. Thank you.

[divvyaaa]

You've explained it very well!! 💯💯

[flwlmfe]

Sir notional profit kaisey aaya sir bataiye

[rahabsheikhrahabsheikh]

Sir materials on hand or machinery on hands ye cr side mei less karke likhna hoga

[dambarudharmohanta]

Sir material return to site at end of the year credit hoga or debit hoga

[rohitgera]

Sir video bana do accounting kitne parkar ki hoti h mhuje asa lagta tha ab tk ki accounting p&l and balance sheet hoti h
But mane suna from somewhere ki kafi types ki accounting hoti h tax accounting, assest accounting....etc sir ye clear krva do

[kiranbala]

Sir kya balance sheet ka koi alg se format hota hai ?

[ShaanHussain-gntp]

From where did u take 180000 in contractees account

[AbhayUpadhaya-swqx]

Sir why u have not taken establishment charges

[smartywatts]

Sir ji I'm pu bcom student 4th sem.
Mera monday exam hai contract or process costing aana..ye videos m krvaye gye topic enough honge pu syllabus k hisab se? Please reply krna sir agr yes to I'll start the topic from your video as soon as u confirm