How To Avoid Balance Sheet Mismatch || Best Trick For Final Accounts

[@priyashaw1843]

It's really helpful thanks 🙏

[@CAaspiration]

You're welcome

[@noobrn1592]

Thanks sir ❤

[@suryansh2300]

Thanks a lot sir !!!

[@CAaspiration]

You're welcome

[@CuteNeha19]

Sir calculation mistake kaise avoid karu pls batiye 🙏🙏 concept clear hain bas calculation mistake hoti hain kal exam hain🙏🙏

[@CAaspiration]

Just keep calm and use the calculator slowly and at normal speed, All the best

[@CuteNeha19]

@@CAaspiration thank you sir, but my exams was yesterday. I miscalculated 10000 in trading a.c so entire que. Mismatched by 10000😥😥. Que was for 12 marks how much marks will I lose ?

[@princeejain1199]

Sir insurance claim 200 vo pl ke crdit me nhi aayega kya??? Kyuki vo toh income hai n

[@CAaspiration]

Insurance co. will pay you in future it is our right against insurance company hence it is an Assets not income

[@princeejain1199]

@@CAaspiration ok thanku sir

[@CommerceEducator27]

Jab insurance milega tho uski entry hogi Cash A/c dr. xxx To insurance claim xxx Fir year end pe entry hogi jab hum insurance claim ko pl se charge karege tho Insurance claim A/c dr. xxx To P/L. A/c. xxx

[@CommerceEducator27]

​​@@CAaspiration insurance claim agar due ho chuka lekin receive nahi hua then it is accrued income, and accrued income ke balance kabhi bhi year end pe close nahi hote( because humko paisa mila hi nahi )thats why it shown of assets side of balance sheet.

[@CAaspiration]

Firstly Income means what we are earning from our trade, insurance claim is a casual receipt not our income then question of accrued income does not arise

[@Knowledge_gain345]

Sir trading and profit and loss agar ques n likha h ki sath banaao to bhi alag bana sakta h kya j nhi

[@CAaspiration]

You must have trading account in order to get Gross Profit likewise you must have net profit in order to tally balance sheet. Make trading and profit and loss account as a working notes

[@Knowledge_gain345]

Sir m ques m confuse ho jati hu konsi trading account ayaa konsa profit and loss m

[@CAaspiration]

All direct expenses which are related to the production are part of the Trading A/c like wages, power, purchases & cartage and all indirect expenses which do not relate to the production like salary, rent, depreciation, interest are part of the P&L a/c

[@Knowledge_gain345]

Sir lakin balance sheet to statement hoti h uska to koi dr j cr side nhi hota n to apna kyu likha balance sheEtty m

[@CAaspiration]

Yes, Balance sheet is a statement but to understand the concept of duality (Dual Aspect concept) we have to consider liabilities side credit coz it contain all credit balances & likewise asset side debit coz it contain all debit balances. It is just for understanding purpose

[@st-tb9sg]

syllabus change hoga kya sir

[@CAaspiration]

For which?

[@st-tb9sg]

@@CAaspiration sir muje direction chaiye ca ke liye

[@st-tb9sg]

@@CAaspiration icai ke liye

[@CAaspiration]

I am working on it you will get all the info related registration, Syllabus and all thing related to CA course

[@CommerceEducator27]

​@@st-tb9sg i m also a CMA final and CA inter student CMa me new course aa chuka hai and CA me bhi

[@vijaykashmira1036]

Sir balance sheet kaise match hogi inka effect to balance sheet main 1side ho rha h

[@CAaspiration]

Which entry?

[@vijaykashmira1036]

@@CAaspiration outstanding entry

[@CAaspiration]

@@vijaykashmira1036 1st effect in liability side, 2nd effect in Trading P&L. Both aspect are recorded watch again

[@hehehehehheheheheheheheheh9805]

Mera sab sahi rahta hai bhai mera sirf calculations mein jata hai woh kaise sudharuuu pls bataooo😢😢😢

[@CAaspiration]

Its all about practice and do calculations slowly

[@hehehehehheheheheheheheheh9805]

@@CAaspiration woh hee to nahi kar sakte exam mein time hee to nahi milta last time mere pass sirf 30 min the final acc karne mein usmein bhi mein 25 mins mein kar Diya lekin tally nahi hua

[@hehehehehheheheheheheheheh9805]

@@CAaspiration calculation kaise sudharu 10000 bar check Kiya tally karne se pehle phir bhi wrong hojata hai

[@vijaykashmira1036]

Clear kr do