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Day 60 of 100 Mistakes in 100 Days: Understanding Stock and Trade in Class 12 Accounts
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Day 60 of 100 Mistakes in 100 Days: Understanding Stock and Trade in Class 12 Accounts
Exams are getting closer, and we're speeding up with my 100 Days, 100 Mistakes series! 🚀 Today, let’s talk about Stock and Trade in Class 12 Accounts and clear up any confusion!
There are 2 types of businesses:
Manufacturing Concerns – They create products from raw materials, including semi-finished goods.
Trading Concerns – These businesses buy and sell goods (they don’t manufacture them).
For instance, if you’re in the pen business or mobile sales, the goods you buy for resale are referred to as Stock in Trade in your P&L statement!
By understanding this concept, you'll never get it wrong in your exams. Aim for that 100/100 like my students! 💯🎯
Share this and help your friends avoid mistakes too! 📚✨
#day60 #100mistakes #stockandtrade #class12accounts #examready #tradingconcern #studentsuccess #accountshelp #purchasestockintrade #makeitcount
Join us on a journey to master Accounts for Class 11 and Class 12. With over 25 years of teaching experience, Raj Sir provides comprehensive and easy-to-understand lessons tailored for CBSE students. Our channel offers:
📚 Class 11 Accounts Full Syllabus
📚 Class 12 Accounts Full Syllabus
📚 Accounts Board Exam Preparation Tips
📚 Accounts Practical Problems Solved
📚 Accounts Exam Last Minute Revision
📚 Accounts Important Questions and Answers
📚 How to Score 90+ in Accounts
📚 CBSE Accounts Topper Tips
📚 Accounting Principles and Basics Explained
📚 Accounts Previous Year Question Papers
📚 Financial Accounting for Beginners
📚 Accounts Crash Course
Our detailed explanations, solved examples, and strategic exam tips will help you excel in your Accounts exams. Subscribe now and turn your accounting challenges into success stories!
Class 11 Accounts, Class 12 Accounts, CBSE Accounts, Accounts Exam Tips, Accounts Revision Classes, Accounts Basics, Accounting Principles, Accounts Board Exam Strategy, Accounts Sample Papers, Commerce Classes, Accounts Online Classes, Accounts Video Lectures, Financial Accounting, Accounts Practice Questions, Accounts Tutorials
Stay connected and never miss an update by hitting the notification bell! Let's make Accounts easy and fun together!
Follow us on Social Media:
Exams are getting closer, and we're speeding up with my 100 Days, 100 Mistakes series! 🚀 Today, let’s talk about Stock and Trade in Class 12 Accounts and clear up any confusion!
There are 2 types of businesses:
Manufacturing Concerns – They create products from raw materials, including semi-finished goods.
Trading Concerns – These businesses buy and sell goods (they don’t manufacture them).
For instance, if you’re in the pen business or mobile sales, the goods you buy for resale are referred to as Stock in Trade in your P&L statement!
By understanding this concept, you'll never get it wrong in your exams. Aim for that 100/100 like my students! 💯🎯
Share this and help your friends avoid mistakes too! 📚✨
#day60 #100mistakes #stockandtrade #class12accounts #examready #tradingconcern #studentsuccess #accountshelp #purchasestockintrade #makeitcount
Join us on a journey to master Accounts for Class 11 and Class 12. With over 25 years of teaching experience, Raj Sir provides comprehensive and easy-to-understand lessons tailored for CBSE students. Our channel offers:
📚 Class 11 Accounts Full Syllabus
📚 Class 12 Accounts Full Syllabus
📚 Accounts Board Exam Preparation Tips
📚 Accounts Practical Problems Solved
📚 Accounts Exam Last Minute Revision
📚 Accounts Important Questions and Answers
📚 How to Score 90+ in Accounts
📚 CBSE Accounts Topper Tips
📚 Accounting Principles and Basics Explained
📚 Accounts Previous Year Question Papers
📚 Financial Accounting for Beginners
📚 Accounts Crash Course
Our detailed explanations, solved examples, and strategic exam tips will help you excel in your Accounts exams. Subscribe now and turn your accounting challenges into success stories!
Class 11 Accounts, Class 12 Accounts, CBSE Accounts, Accounts Exam Tips, Accounts Revision Classes, Accounts Basics, Accounting Principles, Accounts Board Exam Strategy, Accounts Sample Papers, Commerce Classes, Accounts Online Classes, Accounts Video Lectures, Financial Accounting, Accounts Practice Questions, Accounts Tutorials
Stay connected and never miss an update by hitting the notification bell! Let's make Accounts easy and fun together!
Follow us on Social Media:
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