Lecture 02- Accounting Process

[@shubhammahabare9739]

privileged to learn from IIT faculty itself 😇

[@amartiwary5373]

Sir i am watching this in March 2024...i am loving it.. I guess LLP form was not in fashion when you created this video.. Also you have given very few examples while explaining this.

[@ronaldmoirangcha638]

Sir your lectures are a life saver. Thanks you NPTEL for making such valuable resources available freely to the public.

[@basedkshitij]

Thank you for sharing this informative lecture on the double entry accounting system. It's great to see how it forms the foundation of the overall accounting system. Looking forward to your next lecture on the conventions of accounting timestamps 00:18 Double entry accounting system is the foundation of overall accounting system. 04:44 Three types of accounts used for financial statements: personal, real, and nominal. 09:30 Recording business transactions involves three important accounts: personal, real, and nominal. 13:06 Understanding the accounting equation is crucial for preparing a balanced balance sheet. 17:09 The three rules of passing journal entries 20:28 Accounting concepts include going concern, accrual, and money measurement. 23:58 Accounting concepts include cost, dual aspect, accounting period, and matching. 27:29 Realization concept and objective evidence concept are important in accounting.

[@RanjanKumar-d2x]

Thank you ❤

[@dataavenger]

Sir, you are an inspiring mentor. As an AFA (Affiliate Financial Accountant), I already understand these concepts, but your delivery of the lecture is exceptional. Thank you for sharing this premium accounting wisdom! 💕💕

[@pradeeppawar2668]

Super quality Sir. Thank you for educating india..

[@mith2095]

Sir is so much talented explaining it in very easy way....thank you sir

[@vanshitapateria6795]

A very excellent way of teaching ❤ thank you so much sir for freely teaching

[@chinmoypadhi7943]

A very Excellent Way of Teaching sir.

[@prateekghosh637]

Accountancy exam is only after 7 days, hope this Playlist will help me to pass, Pranam to sir🙏

[@Hooodie123]

Hey bro did u paas the exam??

[@rohangajare8718]

i have exam tomm i am starting now at 10 pm

[@ganeshbhagat5410]

Omg 😱 dear sir , Thank you for educating me

[@arijitdutta5484]

Great going...

[@siddhishreejalifestyle9467]

Concept clear 🎉

[@sameermaisheri8502]

Excellent enjoyed a lot

[@Abhishek-ye9kq]

under rated teacher

[@Hooodie123]

Omg...its 7 years old video 😮..how can they cannot change the video??? They are still teaching us through old video??

[@chandrashekharreddy2772]

Any pdf available for this releted class

[@vedantkatkar4585]

Can anyone tell which books to refers for this lectures?

[@BindaasBapu]

Good explanation sir

[@teena5723]

21:31

[@bhagwatithakare8133]

Thank you so much sir

[@pulagamvamsikrishna7691]

Thank You Sir 👍😊

[@manmohantiwari6952]

❤

[@ManishKumar-ro7jn]

nice sir.

[@renjinir6017]

Manish Kumar can you please tell me about how are you receiving the assignments for the course???8

[@ManishKumar-ro7jn]

sorry but am not understand your question.

[@renjinir6017]

Manish Kumar I asked that are u receiving it in mail or on web portal ur assignment & videos & how many weeks are done till date???

[@ManishKumar-ro7jn]

I am receiving these videos on web portal within approximately one month.

[@rajnishkushwaha3865]

Sir anyone teaching business environment

[@arwakalavadwala834]

banks follow accrual accounting not cash

[@karshawk]

banks follow cash systems only and rest of the business follow accural accounting