In this video I have explained the basic concept of accounting in a simple way and this is especially for science background students.
Here I have explained
⏱TIMESTAMPS
0:00 Intro
0:12 What is Accountancy?
3:03 Accounting Process
5:06 5 Elements of Financial Statements
6:13 Asset?
8:34 Expense?
10:38 Liability?
12:58 Equity or Capital?
16:38 Revenue?
17:44 Practical Example
24:41 What is Double Entry System?
28:47 Debit and Credit Balances
This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.
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#Accountancy #FinancialAccounting #Class11