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Financial Statements (Modern Method) || Class 12 Account || Single Step Income Statement – Gurubaa
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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 shareholdersтАЩ 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) тАУ (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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This Habit Is Secretly Making You Poor #habits #money #finance #shorts
One habit is silently draining your wallet тАФ and you don’t even notice it.
Stress spending. Bored scrolling and buying. Rewarding yourself with things you can’t afford. When your emotions control your spending, your money silently disappears. This is the hidden psychology of money most people never learn.
ЁЯТ╕ Follow to break the habits holding your money back.
тЪая╕П This content is for educational and informational purposes only.
Disclosure: This video features AI-generated visuals and high-fidelity synthetic voiceovers for illustrative and educational purposes. All scripts are original and researched by the Silent Money Truth team.
#moneytruth #financialfreedom #shorts
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News Videos
Bitcoin SMASHES $72K As Ceasefire Begins & Wall Street Steps In! Real Breakout Or Trap?
#Bitcoin #Crypto #Finance
Bitcoin just smashed through $72K after a surprise ceasefire between the U.S. and Iran triggered a massive short squeeze, wiping out over $400 million in bearish bets. But while price is surging, the real story is happening beneath the surfaceтАФETF inflows are accelerating, institutions are stepping in aggressively, and whales are selling into the move, creating a rare and powerful market dynamic. At the same time, Wall Street is going all-in on crypto with new products, expanding access, and pushing toward a tokenized financial future. Joined by Staci Warden, we break down what this means for Bitcoin, tokenization, regulation, and what could come next. Is this the start of a true breakoutтАФor just another trap before the next big move?
Join Abra’s Webinar: https://zoom.us/webinar/register/2717739409868/WN_sbIbiXQhQeaqogDfNLjW5w
ЁЯОЩ Guests
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ЁЯЪА Connect & Learn
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тЪая╕П Disclaimer
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to “Buy,” “Sell,” or “Hold” an investment.
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These Investment Options Follow Biblically Responsible Investing (BRI) Principles #Faithful #Finance
WE know there’s a plethora of secular businesses to invest in, but what about those that are built on THE firmest foundation?
Yes, there are publicly traded companies that follow God’s law! Glory to God!
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You are looking WRONG at Bitcoin!
тЪая╕П Watch this first тАФ then take action:
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In todayтАЩs video IтАЩll show you:
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00:00 Intro
00:30 The Iran Bitcoin Shipping Story
02:11 Resistance & Support Levels
03:12 Identifying the Bottom
05:00 Mindset: Taking the First Step
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тЪая╕П DISCLAIMERThis content is for educational purposes only and does not constitute financial advice.Cryptocurrency investing involves risk and volatility. Always do your own research before making financial decisions.
Some links above are affiliate links, meaning I may earn a commission at no extra cost to you.
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Crypto Pumps On Cease Fire – Could This Really Just The Start !?
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***************************************************************************
ЁЭЧбЁЭЧвЁЭЧзЁЭЧШ: Some of these links are affiliate links, which means I may earn a small commission at no extra cost to you. Our team also works closely with the exchange to bring the community exciting campaigns and incentives.
ЁЭЧЧЁЭЧЬЁЭЧжЁЭЧЦЁЭЧЯЁЭЧФЁЭЧЬЁЭЧаЁЭЧШЁЭЧе: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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Your Salary Is a Trap (Watch This) #finance #moneytruth #shorts
Your salary looks good on paper. But after bills, rent, and food тАФ where does it all go?
For most people, their salary isn’t income тАФ it’s survival money. You work hard, the month ends, and money is gone. Understanding this money trap is the first step to escaping it.
ЁЯТ╕ Follow for the financial truths your employer never told you
┬а
тЪая╕П This content is for educational and informational purposes only.
Disclosure: This video features AI-generated visuals and high-fidelity synthetic voiceovers for illustrative and educational purposes. All scripts are original and researched by the Silent Money Truth team.
#SilentMoney #FinancialLogic #FirstPrinciples #WealthMindset #Shorts
#money #salary #finance #moneytruth #financialfreedom #shorts
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HKCM schlechter als Financial Dynamics ? 6 Monate im Test
Mein Trading Experiment mit HKCM und Financial Dynamics – der Vergleich nach 6 Monaten.
* Financial Dynamics: https://www.financial-dynamics.com/?invite=102-102
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Bitte meine Servicekarten-Nummer angeben:992006729497559
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___________________________________________________________
Meine Empfehlungen:
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___________________________________________________________
Kapitel:
0:00 Einleitung
0:44 Einblick HKCM
3:57 Einblick FD
6:37 Meine Erfahrungen
11:08 Fazit
https://www.youtube.com/@vermoegensweg?sub_confirmation=1
___________________________________________________________
Bitte beachtet, dass jegliche Investments, die ich t├дtige nur meine pers├╢nliche Meinung widerspiegeln und keinesfalls eine Anlageberatung oder Empfehlung darstellen. Die Videos dienen lediglich der Unterhaltung und alle Informationen, die ich euch bereitstelle, sind nach besten Wissen und Gewissen aufgearbeitet bzw. recherchiert.
* Alle mit * markierten Links sind Affiliate-Links. F├╝r euch hat dies keinerlei Nachteile und ihr bezahlt keinen Cent mehr. Durch Anklicken der Links unterst├╝tzt ihr mich, da ich eine Provision erhalte f├╝r die Vermittlung.
** Siehe *. Au├Яerdem erhaltet ihr sogar einen Vorteil durch die Nutzung des Affiliate-Links.
Alle von mir empfohlenen Produkte oder Dienstleistungen nutze ich selber. F├╝r die Produkte oder Dienstleistungen ist ausschlie├Яlich der entsprechende Anbieter verantwortlich.
https://www.youtube.com/@vermoegensweg?sub_confirmation=1
Trading ist riskant und Sie k├╢nnten einen Teil oder Ihr gesamtes investiertes Kapital verlieren. Alle ver├╢ffentlichten Informationen dienen ausschlie├Яlich Informations- und Bildungszwecken und stellen keine Form von Finanz- / Anlageberatung und / oder Empfehlung zum Kauf oder Verkauf von Wertpapieren dar. Handels- und / oder Investitionsentscheidungen, die Sie auf Basis dieser Informationen treffen, treffen Sie eigenverantwortlich und vollst├дndig auf Ihr eigenes Risiko.
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Bitcoin Explodes After Iran Ceasefire
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0:35 Market Overview
1:10 Iran ceasefire
2:05 Tariffs
2:40 Oil
3:20 Lebanon
4:30 Fear and Greed
5:10 Morgan Stanley
6:15 Trump on Crypto
7:15 Long Term Holders
8:45 BTC Buy Volume
9:30 Bitcoin Bottom
10:00 Ethereum
12:00 XRP
14:10 April Returns
16:40 Charts
19:15 AskClash
20:35 Q&A
ЁЯФ┤Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.
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I Hate TAXES! This is How GOVT is тАШWASTINGтАЩ Our Tax Money #shorts
If the central government of India earns тВ╣100, it does not spend all of it freely. A large part of this money is already committed to certain fixed obligations, and only a portion is available for development and new schemes.
The biggest unproductive share goes into paying interest on past loans. Around тВ╣20 out of тВ╣100 is used just to service debt. This money does not create any new assets or services; it is simply the cost of borrowing done in previous years.
Another large portion, roughly тВ╣21-22, is transferred to state governments. This is because taxes collected by the central government are shared with states, which then use the funds for local development like healthcare, education, and infrastructure.
Defence spending takes about тВ╣7тАУ8 out of тВ╣100. This includes maintaining the armed forces, paying salaries, and buying equipment. Pensions for retired government employees and defence personnel account for another тВ╣4тАУ5.
The government also spends on various central schemes, such as infrastructure projects, welfare programs, and national missions. These schemes typically use around тВ╣15тАУ16 out of тВ╣100.
The remaining amount, roughly тВ╣30 or so, is spent on subsidies (like food and fertilizer), salaries of government employees, administration, and other day-to-day expenses.
Overall, a significant portion of government spending is fixed or pre-committed. This means only a limited share of the тВ╣100 can be used flexibly for new development initiatives.
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Bitcoin: This WILL Trap Investors (It Happens EVERY Cycle)
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