Here I have explained the 5 Elements of Financial Statements in a minute.
1. Asset
2. Liability
3. Equity or Capital
4. Income or Revenue
5. Expense
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Sir depreciation sum jahey
I have a homework in accounts we were told to come up with a trading profit and loss account and the balance sheet
Now I have no idea on how I can do it
Thank you sir for your efforts i really appreciate it
Good job
This is very helpful! great video
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Excellent
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I got this Mr lecturer I realize it's very important airy
Elements of financial statements 📝👏
I have questions can I get your assistance
Excellent
Superb Handwriting.
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Capital expenditures expand assets
Thanks so much 😊😊
Very good teacher
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1
Nice 😊
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❤
Thank you
Very informative..
Welldone best teacher
thanks very muhc.,i leant new things
Nice
Sir Your method of teaching is excellent.
I'm currently a Grade 11 ABM student and I just want to ask? What is the first step of solving for that? I mean is journalizing the first step? What's the next step? When do we use the Basic Financial Statements for Single Proprietorship, such as Balance Sheet, Income Statement, Statement of Changes in Owner's Equity, and Statement of Cash Flow? How about the Trial Balance? And what is T-Accounts and when do we use it? And what do you call all of these? Can you categorize each of them so that I can fully understand the proper flow and steps for solving the (i don't know what to call it). Pls help me, I really need this now.