Mcq on FINAL ACCOUNTS || JKSSB FINANCE ACCOUNT ASSISTANT || ACCOUNTANCY

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[@rufybhat2862]

When closing stock is at footnote then it's effect is on trading a/c and asset side of balance sheet

[@PriyankaSharma-hs3mh]

Gp =sales - cogs So gp= 1,29,000-1,15,00 Gp=14000 Net profit = gp - expense NP=14000-10000 NP=400

[@robinbasotra2402]

Sir jitne aapne topic krbayee hai ..un sab prr ek mcqs video daal doh kll taki sada pichla revise hojaee

[@ritikasharma2935]

One effect at trading acct credit side And other is asset side in balance sheet

[@DeepakSharma-to5nz]

Aaj khuli hai dimaag ki Nassen... 😃 Good ..bs aise hi krvate rho aap... Thanku .. Lub u

[@ruksanakhan4989]

Q 10 ....doubt h Closing stock toh trading mei bhi aata h aur balance sheet mei bhi

[@UmmeSafwaan]

Dono jagh tab ata hai jab closing stock footnote pe recorded ho Lekin agar closing stock trial balance mein record hua ho tou ek hi jagh show hota h Only balance sheet ☺️

[@hidaqadri7008]

Income statement are no1 trading account and profit and loss account

[@Animal_AudioAdventures]

It's two in itself 😂 1 is a trading account and the second one is profit and loss account 😂

[@RajinderSingh-su4il]

Sir solving bale ques. Confidence lose kar dete ha😭😭

[@sheikhnayeem178]

17 correct

[@AjaySharma-fr6td]

11 question correct huey great mcq series..... U done a great job sir

[@nischesharma]

2 aur 10 samjado bas

[@hidaqadri7008]

14 /20,thank you sir,,,qno19 the answer should be 130 not 120 ,,plz have a look on it sir...when we add capital 100+net profit 10 +interest on capital 20,its total is 130 aftr cuting drawings from it ,,,

[@UmmeSafwaan]

Capital 100 Net profit 10 Interest on capital 20 Total 130 Then drawings 10 minus karo Answer will be 120

[@MatooTS]

Interest on capital tou expense hota hai business k liye...wo kyu plus Kiya apne ?

[@geetumagotra5683]

18/20 sir sir plzz ek bar finance accountant ka syllabus ek bar aap telegram pr send krdena becoz kuch log bol rhe h firse chnge hua h isliye sir bahut confusion h plz sir aap clear krdena ki kya kya sylabus h finance accountant ka ...🙏

[@IGCLASSES_]

I have pinned the file in TELEGRAM👍👍👍

[@jozerashid4417]

U r a great teacher...

[@shavetasharma2025]

Sir closingstock ki dual entry hote h ek toh trading a/c m Cr. Side nd dusre balance sheet m may be liability side

[@mashkoor14]

Yes but...closing stock a/c debit hota hai Or trading account credit hota hai...

[@muneerasultan6076]

I think balance sheet main asset side

[@mashkoor14]

@@muneerasultan6076 yes asset side

[@UmmeSafwaan]

Dual entry tab hoti hai jab closing stock footnote pe likha ho Question mein likha hai , agar closing stock trial balance k andar likha ho, is Surat mein closing stock sirf balance sheet me likha jata h

[@vishal1088]

@@UmmeSafwaan thanks

[@vipinsaini257]

Thnkyou

[@sakshibhagat9074]

I love ur teaching and also ur voice hello everyone 🥰

[@rahulSharma-yt9lk]

Sir plz reply.Qno12 ...once u had told advance payment will not be recorded in accounting period but in this question u r saying prepayment of insurance premiums will be recorded in balance sheet.

[@IGCLASSES_]

Advance payment aati hai accounts Mae.... Lekin jab aap Profit &loss account bnate ho toh aap usme uss period ka hi consider karte hai 👍👍 Advance payment less hoti hai P&l A/c 👍

[@rahulSharma-yt9lk]

@@IGCLASSES_ Thank you sir G

[@mirprinthut6579]

18 out of 20

[@zaid0999]

Thanks alot sir

[@mahaparaashraf4827]

Thanks for your honest efforts

[@attarreqaza1770]

Qno6 expln kijyai?

[@wasifmir1478]

I hope u will clear my doubt. Q10. General entry would be closing stock to trading account. So closing stock appears on balance sheet as well as trading account. Plz plz clear it

[@rathershabir6020]

13 correct

[@RajeshGupta-dq9pu]

Aur direct kaha show karna ha

[@spreadknowledgemanmohan656]

Sir I only get 13/20 how can I crack FAA exam plz give some tips I can't solve numerical question.i am an arts student can I crack this exam.

[@UmmeSafwaan]

Try to clear those parts of syllabus which you are good at Last pe tougher ones pe aaye

[@SinghMS143]

Math kase prepare kr rhe ho aap

[@shambhookumar6300]

15 dddd

[@RajinderSingh-su4il]

14..,trading and p&l

[@nischesharma]

Closing stock to foot note main pahla bi tha lec 19 ke question main to vo tradingacxount aur asset main aaya tha balance sheet ke

[@darbilal8462]

Thanks for the mcqs series

[@Towseef_Mobiles]

Qno.7 apko galat hua ha sir Isko carriage outward ayega.. ye indirect expense ha

[@ishfaqamin3010]

Plz sir tell us, if closing stock in not shown in trial balance then it is shown on balance sheet and.....?

[@Verticalclasses]

Seriously u r great sir

[@RamanKumar-gg9ko]

Thanks sir great job

[@H.RAJ123]

20/20 full score

[@rahulSharma-yt9lk]

Qno. 19 plzzzz reply interest on capital is an expense for business. i think it should be deducted from the capital.

[@IGCLASSES_]

It is a expense for business..... But it is a income for BUSINESSMAN 👍👍👍 That's why it is added in owner's money I. e. *Capital*👍

[@rahulSharma-yt9lk]

@@IGCLASSES_ Thank u sir but still i am confuse plz explain it in your next video lec.

[@UmmeSafwaan]

@@rahulSharma-yt9lk see bhai Agar bank mein apke paise hai uspe jo interest chadta hai wo apklye faida haina Usi tarah capital apka apna paisa hai , uspe jo interest chadta hai usme hamara faida hota hai Liability wo interest hai jo hum loan wagera par dete hain

[@rahulSharma-yt9lk]

@@UmmeSafwaan 👍👍👍

[@mursaleenbhat8788]

​@@IGCLASSES_thank u sooo much sirjiiii

[@sajadlone202]

Nice lecture

[@viveksharma-uy5lt]

Sir pls Provide me final accounting related numarical mcq

[@richasharma367]

Interest on capital is expense for business how can u minus it sir... (Q19)

[@sahilsharma1853]

It's income for business...sir said it wrongly but write correctly

[@fazilfayaz6557]

14/20 only.

[@zaid0999]

Great video

[@i.a3924]

Financial Management kab start ho gaa

[@saikirtibabu6191]

Net profit is shown on debit side of p& l account . If it is added to capital then it's shown on debit side of balance sheet but u told that credit side of capital account that means asset side so that answer is wrong

[@IGCLASSES_]

Msg us on Instagram👍👍. I will clear your doubt 👍👍👍.. Name - IG CLASSES.. 👍

[@the_lastgod9242]

13

[@najmamajeed7942]

17

[@reshiishfaq4806]

profit &loss &trading acc

[@ruchilalotra249]

Sir 9th question ma apne bola ki agr Net profit nikalna hota toh ans 4000 aata. Sir can u plzz explain this🙏

[@RepentingMuslim597]

Gross profit mn operating expenses less karo That is ur nett profit

[@the_lastgod9242]

Sir... Yeh trading, p and l and balance sheet confusing ho rhi hau.

[@the_lastgod9242]

Ki koonsa kidrr aayega.

[@IGCLASSES_]

Ek barri phir se lecture starting se dekho 👍👍👍 Clear ho jayega 👍👍👍👍 Kyunki abhi time hai baad mae nahi milega 👍

[@JyotiKumari-xm8lm]

Tnx a lot.But pls explain interest on drawing capital me se Less kyu karnge?

[@IGCLASSES_]

Kyunki interest on drawing capital se pay ki jatti hai 👍👍

[@UmmeSafwaan]

It's interest on capital, not drawing 🙄

[@syedishfaq518]

Assets side in BS

[@hamidhassan8803]

15

[@sorrysharma1446]

Sir manav bharti university valid hai yes ki no

[@shambhookumar6300]

2 cccccc

[@JKExamStudy]

👍👍👍👍

[@shambhookumar6300]

6 aaaaa

[@rahulranyal4695]

Sir.. bnd bhi 5 aug ko hoya tha.. aur start bhi 5 aug

[@IGCLASSES_]

5 feb 🙄🙄🙄

[@rahulranyal4695]

@@IGCLASSES_ sry typing mistake 5 feb

[@lakshaysaini003]

Provision for bad debts kya hai sirji ??? Means assets, expenses, liabilities etc....

[@robinbasotra2402]

Sir outstanding expenses hmari liability haj ja assets ?

[@IGCLASSES_]

Liability👍

[@nischesharma]

10 samjqdo koi closing stock trading account ki cr. Side pe bi to aatq hai

[@UmmeSafwaan]

Read the question again Closing stock agar footnote pe likha ho tou trading account aur balance sheet dono jagh show hota h Lekin agar closing stock trial balance k andar likha ho tou sirf balance sheet mein show karna padta hai ☺️

[@malikshagufta1067]

15/20

[@shambhookumar6300]

5 bbbb

[@shambhookumar6300]

14 bbbb

[@arishch6489]

Sir accountancy ka pdf dalna please

[@RajinderSingh-su4il]

Trading ac ma closing stock aata ha

[@kajalrajput6797]

Nhi

[@JyotiKumari-xm8lm]

Score16

[@shahidwani6445]

17/20

[@AjeetSingh-wh7vd]

Hamara nhi chal rha ha 4gsir

[@sanjayraina5513]

11/15 sir

[@nischesharma]

2 and 10 samjado

[@rahulranyal4695]

Sir.. honestly 18/20

[@nischesharma]

Bgmhai 2 and 10 batado

[@rahulranyal4695]

@@nischesharma question bolo

[@nischesharma]

2 and 10

[@nischesharma]

Closing stock in trial balance effect

[@nischesharma]

Adjustments samjado breif main

[@GuddiDevi-cd6hh]

14/20

[@shambhookumar6300]

16 bbbb

[@shambhookumar6300]

9 bbbb

[@RajinderSingh-su4il]

2nd viewer❤️

[@meerxuhaa5536]

Practical questions discourage krty hai 😫😫

[@rufybhat2862]

19/20

[@releaseyourunlimitedcreati3568]

But capital account Ka cr. Aur Dr. Ni hota

[@ishfaqamin3010]

Can we say that net profit is shown on debit side of p/l account

[@sunobergul3843]

Yes

[@ankursharma5929]

15/20😇

[@nazarmohd1480]

20/15

[@shambhookumar6300]

17 cccccccc

[@shambhookumar6300]

20 cccccccc

[@tanvibakshi3325]

20/20

[@ajazmir1739]

Hello everyone, your voice is treat to ears sir g 😉☺️

[@Wgh552]

Muja mafi do Jinan hahahah 😀

[@jkssbaspirants3655]

Sir theorticl question krlete h non commerce students ..numericl band bja dete ...🤣🤣

[@viveksharma-uy5lt]

Sir mujhe Numarical me problem aa rahi hai

[@rahulranyal4695]

Practice more and more question s...

[@viveksharma-uy5lt]

Sir i have already see

[@shambhookumar6300]

1 ddddf

[@shambhookumar6300]

3 dddddddd

[@sanjeetpathania2644]

19/20 20percent walla galt ho gya....

[@shambhookumar6300]

4 bbbbb

[@jameelahmed6177]

9/20 Will improve qstions got wrong b'coz of overconfidence😒

[@RepentingMuslim597]

Hota hai bro

[@shambhookumar6300]

18 bbbbbbb

[@shambhookumar6300]

7cccccc

[@shambhookumar6300]

10 ccccc

[@shambhookumar6300]

8 ddddddf

[@abeliangroup6220]

We want our 2G back🗽🗽🗽

[@UmmeSafwaan]

😂😂😂

[@shambhookumar6300]

12 bbbbbbbb

[@hilalmir5173]

❤️✓✓✓✓

[@yehaiindiamerijaan5274]

Hello sir

[@mireynan894]

Smjh hi nai aye ye mcqs

[@republicofadam1170]

Exam k baid samjh ayengy😂😂

[@mireynan894]

@@republicofadam1170 😊😊😊😊😊

[@yasirkhanday76]

13 out of 20

[@mushtaqkhan3055]

13