What is effective interest method?
16:08
What is time value of money?
2:42
11 ай бұрын
Пікірлер
@accountingwithsurjeet2309
@accountingwithsurjeet2309 2 ай бұрын
@7:00 - minor correction, it should be 7/77 i.e., remaining cash flow required / current year total cash flow. @21:50 - minor correction, it should be 35.06/52.59 i.e., remaining cash flow required / current year total cash flow. Sorry about that!
@accountingwithsurjeet2309
@accountingwithsurjeet2309 2 ай бұрын
Sorry, should have said 2022 instead of 2002 😅😂. Anyway, hope this would be helpful, cheers!
@geethanaperera9788
@geethanaperera9788 4 ай бұрын
thank you sir this video really helped me out !👍
@accountingwithsurjeet2309
@accountingwithsurjeet2309 4 ай бұрын
Glad to hear that and you're welcome!
@ziyanimran5087
@ziyanimran5087 4 ай бұрын
U didn't explain mcq 24
@accountingwithsurjeet2309
@accountingwithsurjeet2309 4 ай бұрын
Hi Ziyan, Apologies for my late response and much appreciated for spotting this and commenting. Please allow me to explain the question here in text: The question is asking for cost of sales of refreshments. We are given opening balance of amount due to suppliers, payments made during the year and the closing amount due to supplier, and given this information we would be able to calculate the cost of supplies by adding the closing amount due and adjusted payments made during the year (because of error in inventory) minus the opening amount due. As such it would be 7,300 + 400 - 250 = 7,450. Hope this helps your understanding and others too watching this video. Thankful for your comment and support to the channel! Cheers!
@ziyanimran5087
@ziyanimran5087 4 ай бұрын
@@accountingwithsurjeet2309 omg sir thanks for explaining i never thought u would reply after whole a year of vid being posted. Thanks a lot once again and sorry my tone was a bit rude sorry
@amnamuhees5903
@amnamuhees5903 6 ай бұрын
Can u do paper 2 as well
@accountingwithsurjeet2309
@accountingwithsurjeet2309 5 ай бұрын
Thank you for your great suggestion! I'll work on it soon, thank you. Hope you found the videos helpful in your preparation.
@kimjhonson9525
@kimjhonson9525 9 ай бұрын
Omg thanks....you save my life😊❤
@accountingwithsurjeet2309
@accountingwithsurjeet2309 9 ай бұрын
Hope the video was helpful for your exam preparation and feel free to share it with your friends and let me know via comments on other topics that you would like learn!
@user-ik6xz2mf5y
@user-ik6xz2mf5y 9 ай бұрын
I didn't quite understand number 17
@accountingwithsurjeet2309
@accountingwithsurjeet2309 9 ай бұрын
Hi Swayam, thanks for your comment, happy to explain here. There is rather a simple explanation to the answer, and here it is: profit for the year (net income) = gross profit - expenses and therefore to calculate gross profit you can simply sum profit for the year and expenses to get gross profit for Department X in this question i.e., 28,000 + 9,000 = 37,000. Hope this helps in your understanding, feel free to let me know on other questions (if any). Thanks!
@Nobodybetterthantheoriginals
@Nobodybetterthantheoriginals Жыл бұрын
Sir can you explain question no8again.
@accountingwithsurjeet2309
@accountingwithsurjeet2309 Жыл бұрын
Hey Watchers - unfortunately, there has been a minor error made in the explanation of question 15 (21:09) in the video. The question is rather simple as it is only asking the closing balance of provision of doubtful debts which would simply be calculated as accounts receivable minus irrecoverable debt multiplied by provision of doubtful debts rate. Numerically, it would like this = (13,400 - 600) * 0.05 = 640. Sorry for incorrect explanation in the video and thanks for watching!
@geethanaperera9788
@geethanaperera9788 4 ай бұрын
thank you sir
@drjaylight
@drjaylight Жыл бұрын
Great video
@accountingwithsurjeet2309
@accountingwithsurjeet2309 Жыл бұрын
Thank you for your appreciation, Sir.
@munthasirmujahith2839
@munthasirmujahith2839 Жыл бұрын
😊
@jamiluddinahmed3230
@jamiluddinahmed3230 Жыл бұрын
Thanks a lot ❤
@FunnyBloxYT
@FunnyBloxYT Жыл бұрын
Thank you sir
@accountingwithsurjeet2309
@accountingwithsurjeet2309 Жыл бұрын
You're welcome and good luck!
@PokemonBakuganFreak
@PokemonBakuganFreak 2 жыл бұрын
Perhaps you could try solving DSE level papers? I don’t think that kind of content is present on KZbin currently. Just a suggestion. Cheers!
@accountingwithsurjeet2309
@accountingwithsurjeet2309 2 жыл бұрын
That's a great idea. Any sources available to find DSE past exams?! thanks :)
@mohammadqasim7431
@mohammadqasim7431 2 жыл бұрын
Thank brother
@accountingwithsurjeet2309
@accountingwithsurjeet2309 2 жыл бұрын
You're welcome and good luck!
@vishmitharushika1684
@vishmitharushika1684 2 жыл бұрын
Sir, thank you very much. This was an excellent video that assisted me in preparing for my o'levels.
@accountingwithsurjeet2309
@accountingwithsurjeet2309 2 жыл бұрын
Glad it was helpful!
@hamzax41
@hamzax41 3 жыл бұрын
Please do more mcq ok
@hamzax41
@hamzax41 3 жыл бұрын
When you do mcq put the answers
@hamzax41
@hamzax41 3 жыл бұрын
Do more mcq
@joshuadanis9607
@joshuadanis9607 3 жыл бұрын
Thanks and keep up the good work
@joshuadanis9607
@joshuadanis9607 3 жыл бұрын
Video helped out a lot with all the explanation
@laibaimran7270
@laibaimran7270 3 жыл бұрын
It was a helpful video, thank you
@accountingwithsurjeet2309
@accountingwithsurjeet2309 3 жыл бұрын
You're welcome, please feel free to share, thank you for watching and support!
@accountingwithsurjeet2309
@accountingwithsurjeet2309 3 жыл бұрын
Apologies in advance, there has been a typo on multiple choice question 3, the correct is answer option (c) as explained in the video.