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यो फारम भरिसकेपछि हामी तपाईंलाई उपयुक्त कलेज, छात्रवृत्ति, वा विदेश जाने प्रक्रिया बुझाउन सहयोग गर्छौं।

This video is especially prepared for class 12 students under NEB (management faculty). Here, we have covered the chapter Financial Statement (Modern Method) from Grade 12 Accountancy where we have to learn the preparation of Income Statement, Statement of Retained Earning and Balance Sheet. Before this, we have prepared the income statement under single-step method. Here, we have explained the concept and format under multi-step. This video is also useful for BBS 1st year students.
First, we have to prepare a table with the two columns for Amount and one for Particulars. We begin with calculation of Sales (Net) by deducting discount allowed and sales return (return inward) from Sales Revenue. After that, we deduct Cost of Goods Sold (COGS) from Sales (net) to determine Gross Profit. COGS can be calculated from Opening Stock, purchase, custom duty and carriage. We calculate Operating Expenses by adding General and Administrative Expenses with selling and distribution expenses. The total operating expenses is deducted from Gross profit to determine Profit from Operation. We add other revenues and gains whereas deduct other expenses and losses from Profit from Operation. This calculates Income before tax to which we deduct tax/ provision for tax to calculate Net income/ loss.
#incomestatementclass12 #incomestatement #class12account
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⛔️Disclaimer⛔️
This video is for educational purposes only. Please do your own research before making any decisions with your money. I will not be held liable for any losses or gains you may experience. I am not your financial or investment advisor. This is completely educational content and should be taken as such – the views expressed in the content are opinions. Nothing on this channel should be taken as a recommendation to buy a particular crypto asset. The information shared on this channel is not indicative of future results. Analyses are not absolute and are prone to change in accordance with present and future market events. Please do all of your own research before you buy any cryptocurrency or any financial product.

Some of the links and other products that appear on this video are from companies which Oscar Ramos will earn an affiliate commission or referral bonus. Oscar is part of an affiliate network and receives compensation for sending traffic to partner sites. The video is accurate as of the posting date but may not be accurate in the future.

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This video explains the differences between operating and financial leverage. It covers the concept of operating and financial leverage.
The viewers can easily understand the concept of operating leverage and financial leverage through operating fixed cost and financial fixed cost respectively.
It is critical to understand the difference between operating leverage and financial leverage. Thus, a comparative format is used to convey the difference in a meaningful manner.
If you find any topic related to finance difficult, you can write to us. We will make a video on demand.
Detailed video on LEVERAGE can be viewed at the following link:


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This video is not financial advice. It is for educational and entertainment purposes only. I may earn a commission through some of the links below — at no extra cost to you.
Crypto-assets are highly volatile and involve significant risk. These offers are intended for experienced users only and may not be available in your region. Always verify local laws before registering or trading on any platform.

#crypto #xrp #hbar #altcoins #altcoin
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🎓 नेपालमै छात्रवृत्तिमा पढ्ने कि विदेश जाने सोचमा हुनुहुन्छ?
हामी Gurubaa तपाईंलाई दुवैमा सहयोग गर्छौं!
✅ नेपालमै छात्रवृत्ति(Scholarship in Nepal)
✅ IELTS/PTE/Japanese तयारी
✅ विदेश अध्ययन परामर्श
तलको लिङ्कमा क्लिक गरेर फारम भर्नुहोस्(Click the link below and fill the form):

https://forms.gle/M3kv4otCnB4yYqEK6

यो फारम भरिसकेपछि हामी तपाईंलाई उपयुक्त कलेज, छात्रवृत्ति, वा विदेश जाने प्रक्रिया बुझाउन सहयोग गर्छौं।

Regarding the coming NEB exams, we have covered this video for class 12 Account from the chapter titled Financial Statement (Modern Methods). Here, we have explained the general format of single step income statement. In the coming days, we will cover the remaining videos from this chapter which include multi-step income statement and balance sheet.
The financial statements have the following features: expressed in terms of monetary value, based on recorded facts, historical in nature, personal judgements and fixed time period. There are also limitation of financial statements like t provide quantitative data only, summarized reports, chances of biasness, based on past data and no adjustment of price level.
The major components of financial statements are Income statement, balance sheet, statement of retained earnings, statement of changes in shareholders’ equity and cash flow statement.
This video clearly explains the format of single step income statement. It is calculated simply with the difference between total revenue (a) and total expenses (b). Total revenue (a) is calculated by the sum of sales revenue and other income. Similarly, total expenses (b) are determined by adding cost of goods, sold, office expenses, factory expenses, selling and distribution expenses and other expenses and losses. Finally, we calculate profit before tax by using the simple formula (a) – (b). Now, we subtract it with provision for tax and finally net income (profit or loss) after tax is evaluated.
#Financialstatementclass12 #Class12account
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#shorts

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Warren Buffett’s Iran Warning – XRP Price About To EXPLODE

Crypto News, XRP News Today, Crypto News, Bitcoin News, Altcoin News, Ripple XRP Price, Ripple XRP Chart, Ripple SEC News

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