Accounting–Financial Accounting Total-Beginners to Advanced | Kunal Saha | Skillshare

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Accounting–Financial Accounting Total-Beginners to Advanced

teacher avatar Kunal Saha, I'm a Teacher at International School

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Taught by industry leaders & working professionals
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Taught by industry leaders & working professionals
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Lessons in This Class

    • 1.

      Accounting Basics CPT CMA CA IPCC Govt Exam Preparation Finance Basics Idea WWW

      14:39

    • 2.

      CMA Inter Direct Taxation Top 25 MCQ Questions & Answer Group I Paper 7 www

      23:07

    • 3.

      GST FUNDAMENTALS Indirect Taxation CA CMA IPCC CPT Indirect Taxation Goods & Services Tax India

      14:11

    • 4.

      ACCOUNTING FOR DEPRECIATION II By Kunal Saha CMA CA CPT Financial Accounting learn WWW TAXEDU IN

      10:45

    • 5.

      Accounting For Depreciation Knowledge By Kunal Saha CMA CA CPT Financial Accounting WWW

      9:53

    • 6.

      Advantages of Using Journal Financial Accounting With Proper Details WWW

      7:40

    • 7.

      ACCOUNTING PROCESS Financial Accounting CMA Inter CA CPT Financial Accounting GO WWW

      9:30

    • 8.

      Financial Accounting IMPORTANT CONSIDERATIONS FOR RECORDING THE BUSINESS TRANSACTIONS WWW

      18:40

    • 9.

      Accounting KEYWORDS By Kunal Saha Financial Accounting CMA CA CPT go WWW

      14:27

    • 10.

      Financial Accounting Golden Rules With Self assessment Questions & Answers GO WWW

      8:38

    • 11.

      Accounting Concepts & Conventions CPT CMA CA IPCC Govt Exam Preparation Finance Idea WWW

      24:59

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About This Class

What you'll learn

  • An Introduction to Accounting, The Double Entry Accounting System, & Recording Transactions using Debits and Credits
  • Analyze, use, and create from scratch financial statements including a balance sheet, income statement, statement of equity, and statement of cash flows
  • Use the concepts of the double entry accounting system
  • Record financial transactions using the accounting equation
  • Record financial transactions using debits and credits
  • Learn when and how to use accounting methods such a the accrual method and cash method
  • Apply the concepts related to the revenue recognition principle and the matching principle to recording transactions and reading financial statements
  • Record period end adjusting entries and be able to explain why adjusting entries are necessary is a well designed accounting system
  • Record merchandising transactions. Record transactions involving inventory
  • Track inventory using cost flow methods like FIFO, LIFO, and Weighted Average Methods
  • Create and use subsidiary ledgers like accounts receivable by customer and accounts payable by vendor subsidiary ledgers
  • Learn how to create and use special journals and how they can be part of an accounting system
  • Construct and interpret a bank reconciliation, one of the most critical internal controls
  • Be able to implement internal controls over cash
  • Value account receivable and record bad debt expense using either the allowance method or direct write off method
  • Calculate depreciation using different depreciation methods including straight line depreciation, double declining balance, & units of production depreciation
  • Record payroll transactions and calculate net pay and income tax withholding
  • Record transaction specific to partnerships including methods to allocate net income to the partners, adding a new partner, and a partner leaving or selling a partnership interest
  • Record transaction specific to a corporation including selling capital stock, selling preferred stock, buying treasury stock, issuing cash dividends, and issuing stock dividends
  • Record transactions related to the issuance of bonds
  • Record transactions related to notes payable. Learn to create an amortization table.
  • Construct a statement of cash flows using the direct method and indirect method. We go into more detail about best practices to construct a statement of cash flows than any other course we have seen

Learn important components of Accounting such as GST, Income Tax, TDS, Advanced Tally, Payroll, & more.

  • Indirect Taxation viz Service Tax, GST, DVAT, Customs, and excise, etc. 
  • Direct Taxation viz Income Tax, Wealth Tax, Capital Gains Tax, etc. 
  • Training & Development and People Management
  • Excelled at leading indirect tax planning, reporting, and compliance efforts for domestic & cross border operations; proficient in minimizing company’s tax exposure while ensuring compliance with all applicable laws and regulations
  • Learn the Basics of Accounting and Taxation.

First, we will describe what financial accounting is and the objectives of financial accounting. We will learn how the double-entry accounting system works by applying it to the accounting equation. In other words, we will use an accounting equation to record financial transactions using a double-entry accounting system.

We well learn all topics by fist having presentations and then applying the skills using Excel practice problems. If you are not familiar with how to navigate through Excel, it is OK. We will use preformatted worksheets, have step by step instructional videos, and will start off relatively slow.

The next step is to apply the double-entry accounting system using debits and credits. Debits and credits are a new concept to most people not familiar with accounting, or possibly worse, many people have misconceptions about the meaning of debit and credit due to its use in areas like bank statements, credit cards, and debit cards.

We will cover the rules related to debits and credits in a lot of detail. We will then record similar transactions we had done using the accounting equation, but now using debits and credits.

After we get good at recording transactions using debits and credits, we will learn period end adjusting entries. Adjusting entries are used to adjust the books to represent an accrual basis at the period end better, and they are a great tool for enforcing the concepts of accrual accounting.

Next, we will use the data we have learned to put together by recording financial transactions into financial statements, including the balance sheet, income statement, and statement of equity. We will learn to construct a statement of cash flows much later in the course.

After completing the financial statements, we will learn how to journalize and post-closing entries. Closing entries are used to clean out temporary accounts and prepare for the transactions that will be recorded in the next period.

The steps we have just outlined are critically important to all accounting, and we will need a reasonably good understanding of them to move forward. In other words, the better we understand these concepts, the more natural learning the rest of financial accounting will be. We recommend spending a good deal of time on these concepts and reviewing them often. Think of these skills as a baseball player thinks of playing catch or a musician thinks of playing the basic scales. We should put in some practice with the basics every day.

Next, we will add inventory to the mix. All the skills we have learned will still apply, but we will now record transactions related to the purchase and sale of inventory.

We will also learn to track inventory using different methods. We can use specific identification. In other words, we can track the exact unit of inventory that was sold as a car dealership would do. However, companies generally use a cost flow assumption with smaller items that are the same in nature, assumptions like First In Fist Out (FIFO) or Last In Last Out (LIFO). A company may also use a weighted average method.

Next well will consider subsidiary ledger and special journals. Our main focus is on subsidiary ledger related to accounts receivable and accounts payable. Accounts receivable represents money owed to the organization.

The general ledger will provide the transactions that make up the accounts receivable account balance by date. However, we will want to see this data reported by customers, so we know who owes the company money and how much, and this is the accounts receivable subsidiary ledger.

We have a similar situation with accounts payable. Accounts payable represent vendors the company owes money to. We will want to sort this information by vendors, so we know which vendors we owe money to and how much.

Next, we will cover bank reconciliation and internal controls related to cash. The bank reconciliation is one of the most important internal controls outside of the double-entry accounting system itself. All businesses, large and small, should perform a bank reconciliation. The bank reconciliation will reconcile the cash balance on the company’s books to the cash balance reported by the bank as of a specific date, the date of the bank statement, typically the end of the month.

The bank statement balance will not agree to the book balance due to outstanding items, items recorded by the company, but which have not yet cleared the bank. The outstanding items will be the reconciling items in a bank reconciliation.

Next will learn how to value accounts receivable and deal with those accounts we will not be able to collect on. In other words, accounts receivable represent money owed to the business for work done in the past. However, some of those receivables may not ever be paid. How do we account for the a customers we do not think will pay and how do we value the accounts receivable account if we believe some of the receivable will may not be collected in the future, but we do not know which ones?

GAAP generally requires the use of what is called the allowance method to value accounts receivable. We will compare the allowance method to the direct write off method, an easier method but one that does not conform to accrual accounting as well.

Next, we will cover property plant and equipment. The most difficult concept related to property plant and equipment is calculating and recording depreciation. Deprecation can be calculated using different methods, including the straight-line method, the double-declining balance method, and the units of production method. We will compare and contrast each method in detail.

We will also consider how to record the purchase and sale of property plant and equipment.

Next, we will discuss the tracking and reporting of payroll. Payroll is a very large topic because of the payroll laws included in it. We will discuss how to calculate payroll taxes, including federal income tax FIT, social security, and Medicare. We will record journal entries related to payroll. Payroll journal entries are some of the longest and most complex journal entries recorded in the standard accounting cycle.

Next, we will learn partnership accounting. The concepts we learned related to the double-entry accounting system will apply to partnerships. Our focus now will be on those transactions unique to a partnership form of entity. For example, we will discuss how to allocate net income to each partners capital account. A partnership type of entity is very flexible, and there are many different ways partners can agree on to allocate income.

We will discuss how to record transactions when a new partner is added to a partnership or when an existing partner leaves a partnership.

We will also cover how to record the liquidation of a partnership. Much of the liquidation process will apply to the closing of other business entity types as well. However, the partnership type of entity has the added difficulty of allocating the final proceeds to the partners in accordance with their capital accounts.

Then we will consider transaction unique to a corporation format of entity. Like the partnership form of entity, the corporation will use the same double-entry accounting system we learned at the beginning of the course. In this section, we will learn how to record the sale of capital stock and the sale of preferred stock. We will record transaction related to the purchase of treasury stock. We will discuss how to record cash dividends and stock dividends.

Then we will learn concepts related to bonds payable, notes payable, and long term liabilities. Many people are familiar with bonds as a type of investment. We will consider bonds from the other side of the transaction with the issuance of bonds. Bonds are often used as a tool to understand the time-value of money concept and interest rates at a deeper level. Therefore, even if you do not plan on recording many transactions related to the issuance of bonds, it is a useful process to learn valuable concepts. Bonds are often issued at a premium or a discount. The premium or discount is then amortized over the life of the bond.

We will discuss how to record the initial sale of the bond. We will talk about how to amortize the bond discount and premium. We will record transactions related to bond interest, and we will discuss transactions for the dissolution of the bonds.

The course will also cover the recording of notes payable. One of the most complex components of notes payable is the breaking out of interest and principal portion of the payment. For the task of breaking out interest and principal, we will need an amortization schedule. We will build amortization schedules from scratch, a useful skill to understand.

The second complication with notes payable is breaking out the current and long term portion of the note. We will use the amortization schedule to perform the task of calculating the current and long term portion of the notes payable.

Finally, we will discuss how to create a statement of cash flows. The statement of cash flows is on the of primary financial statements along with the balance sheet, income statement, and statement of equity, but the statement of cash flows can be more complicated to construct.

The statement of cash flows represents the flow of cash broken out into three categories, operating activities, investing activities, and financing activities. We have constructed the financial statements using an accrual basis rather than a cash basis. We can think of the statement of cash flows as converting the accrual basis to a cash basis.

We can use two methods when constructing the operating section of the statement of cash flows, the direct method, and the indirect method. The indirect method is more common and often required, even if we also add the direct method. The indirect method starts with net income in then backs into cash flow from operations.

Meet Your Teacher

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Kunal Saha

I'm a Teacher at International School

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1. Accounting Basics CPT CMA CA IPCC Govt Exam Preparation Finance Basics Idea WWW: Upload can fixate Gautam Lucas, generally a domain homolog. So bath triangle, Olga, accounting basis. The cello, Iago Bertha who looked at rubato not showing up on our website at www dot dot. Whose baby up visit cosec copies or if you do call because we are less active knowledge or hum, local channel called journal selfish FPGA. We do technically the Talia, I'm looking for global accounting business GitHub, robot in button whenever lie. Though pathologically up a decade that need for Econ D, the icon pinky cube root. Q. Hey, I'm gonna look too bad, curtail the accounting rules. The EPA, the Achille Kawhi, every organization. It needs to maintain go-to records to track how much money they have, when it come from, where it came from, and how they spending. This Descartes's are maintained by using an accounting system. The deck, your heart organism chat, they hit the deck record on ITA, the concept money as the rII, where it's come from and how they spend it. I'm looking, I say caret, caret or calcium Luca income or I want to maintain economic system. Now tie. These records are essential because they can answer such important cosine as am I making or losing money from my business? How much am I roll two, die ****, more money in my business or selling, or go into another business. Business may go up or be monument, our loop or the money I'm looking inwards, caret key, business Ctrl D on how much I can old income buying yarn am I making or losing money for my business? Now gonna business guy, low, logo, gallon, buying Joe, losing money, horror, icky. I'm making money. I'm looking at does it accomplish in a corner and Sunday Bagua accounting Joker Ran Hou Yi and said, how much I owe to me and how much and how can I change the way I put it to make more ******* bought important here is this gonna put, hang it to a popup with glucuronide, target book or night of Cassie. How we can operate it in a legal way. How can make more profit, contact. Person will die. Even if you do not own or run a business. As an account pin, you will be asked to provide valuable information needed to acid. Whereas men, in their decision-making process. In addition, this is valuable for filling your organization's tech sector. How do they get texts written, copy your body important part, only about a higher. You get up clog or SATA as a sales tax, we certainly weren't buying it. So that need of accounting, medicare is a Muslim body diagram. I've got we do technical body, the Accounting and Business. I'm not going to be about geocoding or accounting and business good volume and Olga, the telly addictive manager body part a diabetic. Yet the difference from an accounting job, apical memorise, can I learn by heart Carney, the art of recording, classifying, summarizing in a significant manner and in terms of money. Then next one and even Pooja in part, at least of a financer character and interpreting the results up. Because this sub B, you'll be upto what the horizontal you could, the key accounting may have people WHO strategies at the Agile tie all started books but at a hydrolase muscular body acti looking up books cited as a model to monitor. Yeah, counting guy, IDEO definition, I'll put the RTI, the artwork recording, classifying, summarizing in a significant manner and in terms of money tend excellent event, sat in part at least of immunoassay character and interpreting the results therapist may be a **** bar o Jacques Cartier equation I can keep summarizing morality according morning at classifying more significant manner decay, the accounting is a system of company uses to miss a necessary part of fullness by doping and classifying all the ten dx1 like sales. But just as assets and liability, the manner that they understood titin accepted standard for our max, it needs to evolutive are completely sparked by departments present condition and please tell Iago, but I'm looking at GitHub. What accountants do APA gonna take a burger. We compared a CAPTCHA CMA up on post-secondary TCP option major IPCC margherita recommending 48. Armagan, an accountant, Bernard's equals s2, up go Man, maya Hogan, capital inputs. What are the key Leica guy up? Whatsapp set decorating construct of these functions, recording, classifying, summarizing, reporting, and evaluating the financial activity of the business. Before any recording can take place, there must be something to record. In accounting, there's something constitutes of the ten decks on an event that has an impact the business. And we didn't get injection is called dopamine. What exempt sale is made. Evidence by your cells deep up Excel. Of course, evidence recognized, tell you why in a minute. A purchase is made as evidence by your checks and other documents such as an invoice and the practice order sets are not just go self-created up whenever you purchase order. Manana Hogan, you can look up as evidence that haggard silhouette, a partition, aggregate income tax, or gotten dM, dx golf you setup GAAP is mapped by legal documents manage SSL UA as a practitioner or a SAM textbook, I wouldn't go to DIY, yeah, decay. We just had paid to employees reductase and paid all the gods as sampled. Accountant do not record our conversation or an idea. They must have a document. When asked, the accountant must come to this, somebody's then circle sunlight. When quotas sales this month, you've got to add the total expenses. And what are the types of amount of each expense? How much gas is on hand, how does the business owe and how much of the lack of discipline, this guy, this guy, Bob Bianco county circles except the layer Sacco San Jose. Next tax after recording, classifying, and assembling the data in a significant vocabulary data, you'll decade fast. You must understand sadness, simple principle, or when you have a firm grasp of the fundamentals, you can dilute any kind of attack on the public. It manager, IPIP up Coppola. You'll act on thinker just harmony mandibular app called a global company domain enable our park bond character be applicable in a headache, maybe up go. Wow, that accounting is the heart of the garden classifying, summarizing in a significant manner, he comes up money to injection and even which are at least apart top, attend action and interpreting the results. The NSA up go land by heart, Carnegie emoji icon, what person? One person day is today, MapReduce Medica is applicable. And we do directed. They'll tell you, I'm looking at accounting ghoulish on a who's compiling Mapping button here. Now let us discuss the accounting equation, which gives all the business seconds in balance. We will create the equation in step two classes. Clarify your understanding of these concepts. In order to start a business, the owner has to put some money down to finance their business operations. Since the owner to provide this money, it is called or not. In addition, this money is an asset, what the company, this can be represented by the equation that the acid is you've got or not equally to men. I got admitted myself business alto male normal business, got tomato on that equal to hogan. If the owner of the business, you had to close down these business where you would receive all its assets. Let's say that on our decided to accept a loan from a bank or the business decided to accept the loan debt asset would in this by the amount of the loan. In addition, this loan is also library default. The company, this can read the pathogen by the Jewish ACIP digital group liability plus on the gluteal Olga are gonna map bank loan, capital Delta Tao, the modal bank alone we took an INR is a liability. Olga acid, did you go to liability plus already the IGA? Now the assets of the company contradict of money invested by the Warner or not equity and the loan ticket from the bank is a liability. The company liabilities are placed before donate equal to because it results have first claim on the business were to close down after the library disappeared up, everything laid over an asset would be belongs to the Honorable abdomen. How globalism agenda possible. Iga hackathon got golden rules. A golden rules are back on D. He's combining me. Coffee, Charlie, touchy hotel, concierge account. Dongba art is scalable be made, we do a derivative of omega RC. According golden rules, nobody Holger, local talent, Joseph step, would be to copy technically live, but they keep the disabled and get it they're given. This rule is applicable to clustering method parallel faculty, but some aluminum metallic acid degli, debit, very similar. And getting the IBA, these rules is applicable. Group questionnaire. The questionnaire conquer algorithm may apply exemplar during a town council hold on. Name on any individual organism, Mr. Ex post facto name of any farm. It says MPN songs grouped those acti, name of any company, cutter Limited via the name of any bank, is an institution that pastureland, ulama be necessarily part of the mystery man, general motor activities or positive cosec, the activity above some protozoal guy named Bob, any farm company, bank, institutionally active, manager, or be presented person bear, so digested capital domain amicable on an equal to the domain download Evernote or basolateral side. I will certainly expensive. I was turning income. Expenses, income received in adverse shock goods are both Barcelona like notes, calendar I got I'm going to go under ADA. There is a spot and go deep on older, hugging him, look jangly. Guitar up, debit blocks comes in and what goes out is applicable. The alloc only yada, yada government elected to asset like gas blank. Google Access Program. Gone, maybe up, guides tangible deal. I said Joe, this may hit gas with disability than building Mr. Dx's on intangibles. I said gm looked at sneaker by Godel methane copyright, trademark license. And Jesse cooled toga, the nominal, nominal Django, roaming around going up, getting a it'll take you, David, all losses and expenses and get it all income and gains. This rule is applicable to nominator like on a Joham look bucket. Golden rules of journalism and other, getting a general job, getting up the double-entry system, our glucose and the amount was gonna be doable. My longer double-entry system that up doing stranger holder will do really delineate the concept of empty APOE, debit MIGA on somebody. India book I did like, I guess, separating it to the kidney Holger body, which they were nominally a complimentary example there, the tau exempt, meaning audio wise. You made it out. Nominal account may experts and losses go to AI guy was the NPV, does great launch off sale of assets in Gabon gains, then deceive intestacy, pop it on sale of assets, which are normally electrons. Now I've got to put your bank account, fake bank Gotye, natural background, Mecca, Helga, or postural electrons are gonna closing stock are tied to particular sir. I thought I had somebody government XMM be RTI, closing stock, closing stock or voting certain way console hit you under either d electron, it can decay. All the cables maybe like I've got a joint venture comeback currently approved book on sediment account about getting your work in progress, but getting a good deal. Olga. Thank you very much. It'd be due technically. Or a audio-visual. Nikki, I'm local technical. Joseph said, already we do lying upload. Some people, some perspective on the physical knowledge. All be finance guy or upper copies or at least clear. Thank you very much. 2. CMA Inter Direct Taxation Top 25 MCQ Questions & Answer Group I Paper 7 www: A-d, hm, look over top 25 MCQ course since an answer Direct X circa July, CMA intergroup one paper seven, Condor AIGA, Adobe content. I'm looked use current I. And then the Institute of course check goes up India aka dopamine da, DK dictionary here, or I'm local talent Jeru subscript TGF beta. We do. I'm looking for an Angular app called Adobe sub. Got comment with the Turley. I'll get birthday. Top 25 m2g cosine Landsat data economy. Looked at the King, which of the following is an agriculture income? Cultured income is missing the key. You'll have shown the Kiara. Hi, Michel Foucault, Montana I, which of the following is an agriculture income. Instead of UGA, see shadow puppet of a partner for my farm, engaged in an Inca operations officer named medically the leaker yesterday we did paid by a company out of its agriculture income and the heel Hoover, he would division paid us, didn't come contact me or die Sachen die income pumps supply of water by SSC for my tank in the agricultural land. Nato accordingly in terms of sublevel water, water, OTO satellite, yes. Maybe that's a Latin name, Olga co-ops and see a little connectors, yellow puppet of a partner for my palm, engage in an agriculture production, DNA on an oligarchy UK interest received by a money lender in the form of agriculture posted. Demagogue UK interest is if Joe time annealed, protostome, or got income may include which of the following is a negative culture income, setup or fried object partner formula farm in gardening because of course I do struggle with Alabama log, but if they hit like Hawaii, which of the following incomes received by an SSC are exempt under din of the income tax. Exempt Olga, Ansar Hogan, object equals sigma and sarcastic Harappa lambda will decline. Medi-cal, salary of a partner permanent farm, agriculture income salaries it by members of a, C2 or all of a, B, and C. The answer, causality, the appellate courts income look better unless someone's SAT, dynamic body or somehow tie the key, I believe how I which of the following incomes received by NSSE exempt, exempt under 613 of the Income Tax Act to conserve income of 600 thousand agriculture income costing cardio. Answer option B, we unsigned. Hogan, tell you our ecosystem Miyagi, have financial year 201718 cell be considered as cosine. You have certain Hey option. If Anansi lead 201718 will be considered the financial year 201718, macaca, this government, the executive assignment they can get and set B, that has segment here for the BBC or 201617 PBS year for that segment yet brutal act in 19 palette, I'm local jail video, got up the hinging. I'm logging details. Get MCQ, cosign Capelli, option D cardiac tag acids, do financially. Dual gum contact ic acid when yellow tie. Dbscan biota API option yoga 201617 called DBSCAN Olga, who's on 1819, Julianne. I'm low-cost or normal formula again, for the purpose of living tax on income other than negative ICER income. List content in D epic, yeah, offshore Holger decade D2, identical. See 92 DKA or non-observable medical say A22. The key answer a T2, however, for the purpose or live in taxable income and that income in our list content in da, A22 archive I bought in patent goes Sensei. I am local jewel, indirect taxes on cotton paper Seven head group one guy, CMA MA equals sin, bought by algebra had been following is not a head of income in compounds provided I'm locked until Saturday. Component doesn't securities or none of the above concept holding this naughty head of income is make Ansar. He got up income condominium about the simple Sacco San hey hey, income plumbing doesn't securities the income possibility to go home, look into the up-going income tax calendar object in other high income tax guy, I hit the bottom about five-halves income, barely output by **** IJulia by dihalide, income per household ID or do some salary cut AB. I'm looking ahead or income income from other sources say income pump business are published on hey, income pump house providing Olga salary. So we have the income pump upgrade your decades Giga in component form. I didn't come home salaries, income from Business and Professions. I incur from other sources behave. I'm local pathology, the consequence or income at the API guy, Arctic option income had my hay or upcoming majority button. Get a map up. Good. Chart. Option, joy, my beta2 cow, Botswana officer, then what I get or Whitby map cobalt dot data outcome and mainly know boolean or subgroup digital channel. The Chelly birthday, if a total income of a parson is this too lax, 67 thousand people laid by t for each salvage rounded off to him glucocorticoid GI. Joe conquered, whose worst-case upset income tax x2. Lambda gaga is a amounted to like six or seven people ate plenty forecast income tax collection here notice the key, Kazaa Holger, nasdaq, key Joe Roundup or the ADA, I didn't get in deep trouble. Eight ninety hundred and nine dollars. Daga, daga. Daga, daga, daga, daga, daga. They can look at the option hand tapir, lamentable together carbon molecular data income tax that Joe heads. Income pump, capital gain. Go past your head guy income category available across MIMO do our Publica. Why is it not a head of income to partner income, Hamlet income, Palm House property income, pump salaries in component capital gain income, pump business or purpose on her income from other sources. Epa roundup, BIM logo potential, they didn't get on or fog Adobe up golf, certain habits, goodness the video again, opsonins are gonna 8.25678990891191 doubles 0. Income tax. Easy. Button, cosine, the object, I am logger DirectX. I'm looking for a direct tax. I've certainly her income tax, income tax up the key apogee MCQ replica of our income taxes, indirect tax, entertainment tax, and dyadic tax. Now up dabbled about the acetylsalicylic in our diet. Examine both materially gullet data alec in a direct tax rate, decay and sassy Derek taxi say he answered Hogan, arccosine number, heart ma'am, wrote Gaga. I had mixed on ex partner up. It says XYZ Mesos XYZ. It's exhibit s, farm and individual none of the above ticket E2F cannot loved guy, Hindu, underweighted, permanent, the KE family, the family farm homologous to this level of video Hillsborough details, Miguel, top income tax basic me, I'm logo. We can get those details from Allan Poe, Jagger, E2F come out of the inland. The weighted Pamela is good. It has made me I'm locked out to Mr. next partner of necessity, x, y, z. The accessibility as an individual and individual, Olga carcinoma are Hindu unlimited families said to be decedent in India if Hindu underwater families set will be the student India. Important constant decay. Deaf family has a house or in India where summers mean by the site. The membrane of such E2F is in India during the BBC Etsy, my head control and management of which API are all your partners. Digital India. And the, the carta has been the cylinder India Caltech is Kolkata because I'm looking at the head of the family. And additionally, Indiana list of nine out of ten PBC personal relevant PBS. But he answered number C, johayo, control and management of his NPR, Ollie and participate in India. Teleology birthday. Loca. Thus, cosine omega I declare an individually sold to be the citizen in India. If he has a house in India gone individual column look resident bordering India, that they have visited an individual, an individual soul to be resilient India if he has housing dagger India. But that in boiling in Guild acidity India, he's in the Indiana PBS ER for a period of 182 days or mode or C may hasten India. In video of cacti days mode during the PVC, I had 1465 or more days during for PBS ER, immediately visiting the delivering the VSEPR D, his parents are enunciated name, I'm going to skip balance in our cities, in our data. Homologous coenocytic biologist C, C option mapo, gap female jogger. He's in India in the previous year for a period of 182 days or more to hey, I'm lookup or individual residual agarose 182. This are more PBS CMA, the educator and India citizen live in India during the previous year for employment part both is said to be the student. If he has a house in India, He's in India, end up EBSCO epidemic EPA level of costs in your topological similar algorithm look dying it to I believe away and leaves early soul to be acidic in India if the epidemic you need to do the same, Alley Africa, India, leave the building that the VSEPR for employment purposes is said to be disciplined if he has a house in India, He's in India, India BBS ER, for a period of 182 days or more. He's in India for a period of 60 days or more during the BBC and 4065 or more is during fourth reviewers ERs, It would get him visiting the relevant CSER parents and the message and physiology his bed, he said India citizen, I have come. I don't want to tell you I got to India. Balance these chemical, meaning it will be India capacities at Holger, the answer B says Yoga, he's in Indiana previous video, the wall and 82 days or more, 182 ways. That, that can be an individual being foreign national came to India first time during the previous year, 2017180210184200 days. He's the senior status for the previous year, 20181780 is non-nested in the sudden but not ordinary as student in India, resident and ordinary in India dissident in India. Walesa yoga has non resident Olga kooky, a foreign national, Hey, I'm locked GeoGebra costumer bought the attack was more than 82 days. And moral, citizen, Gaga was living in diameter at elegantly live or die, USA in desk in Baja data, 182 days OR looking up the API indications for unnecessarily sad. I live in part necessarily to disk or Java or better known as sudden manga giga, celiac glucose Sonka. I'm Robert the hip. Following income of a resident and ordinary resident is taxable in India. That is bank in response to advergaming, delete Bank, Investment Bank of America, newer bunch rental income from house property located in learning and all of that postsynaptic among a guy following income, the student and ordinary antecedent is taxable India. That is all of the Apple App Adobe option, the Kiara, hi Sabi me, this is no ordinary sooner taxable Holger. India may. Glucose synthesis Mamluk, but the body important cosine who among the following is specify employee epidemic here I'm looking at direct texts, Sonka volume about Gary paper Seven, z omega group. One got under a co-sin Otter.ai who among the Florida needs a specific employee, medical director of a company, and implode doing a salad of lose 15 thousand per month apart son, who is an honor of the food desert, getting 10% voting power in the employer company, bought a or option D Haggadah eNB above my older data cup of a company VA employee while they are an employer drawing a salary optic Windows environment we go eh, Pacific employee but the iodide, Nicky, our glucose and guitar farm dog birthday, they pop up in tradition. According to a particular employee by B2 office employer's contribution. Recall nice provident fund in 12.5% paramount in such act is total interest. Is taxable. Interest exempt, only 10% interest is taxable, only 3% of interest is taxable. Say answer D Hay, only t person of interest is taxable. I got glucose chunky data from lockdown. I'm local Jericho subsequent are not really our PCB up subject guide, your CMA, ICPD gap. Oh, it echoes income tax the volume inaugural subdata, Madhyamaka detergent, very common material. God, who's young Tarika? Homolog. So glucose is cunningly, who's the subject, maybe the Amana Kaplow current global channel may argue about 10-K. some industrial or E2F, it difficult to income is exempted, be exempted but included in the total income or read about both. See fully taxable provided it is aren't from India and taxable at Pratt data then pass in, say, New Java API exempted but included in the portfolio income or the bursae Holger incus and renewal. Inducer on how God into an eminent family agriculture income is May Galois GI guy extension but including the current income, but their date of birth see among IGI API Nikki, I'm not I'll give birth. There are glycosuria in case someone SSC and you get into business. Our manufacturing of t is agriculture income, this body important costs in pizza guy, I got to manufacturing of teammates, okay, I'm low income dabbling in case I'm SSC engaged in their business on manufacturing of t. He said you got incoming 60% of total this ePub w minus 60 busting up income of the business, Neil Patel business in Sonagachi, needle ME holder, you can look up a tie income tax on agriculture income. Look access name of that exempt or diet. The assassins, needle holder. Tell you a glucose, I'm locked out. Elimination to partner of a farm engaged in the business of going and manufacturing in India is your manufacturing Canada, India, Morocco, partly education income and partly known and income hunger education, Komaba non-negative as in demagogue. Say you answered hey, Kirsten and sand. A partly because the income and partly non-linear income following activities salvage considered as the Utica to activity concept, we will become a agriculture activity below negative Turca. What important income tax cap on top human UK aggregate income extent, a subsequence or polis or non-negative, that'll be basic or person on the agriculture land. C, Basic and subsequent operation on the agricultural land. And D, B and C, both conservative option that will go so he ends up D both a and B and C Hobart to get basic operation on the implants and basic and subsequent support, personal negative AND following activity, geyser activity candidate subsequence or protozoan negative, that's the land and the glucose in GitHub, Pablo osteon number 20, Miyagi, top 25 them C2, map of the kowtow to smash Yara, which of the following is not taxable under Erdogan are not the head salary Hawaii. The elimination paid to the lecture of equality for setting a whole central part by a university. Salary deceived by a member of the Parliament. Commission deceived by employee director of a company or D, a, and B, the console option may AIGA who's of the following is not exhibit app adoption happened, not toxic, taxable. Happy I put outlets. But then suddenly nasa your time. Take your demand liquor where both a and B, the munition pay to the lecture of equality for setting and cause symptoms by university of serine and his mishandling few iga is of course supervised set current fiscal year, extract would garden hose that salary admin be medically salary sit by a member of the Parliament. Parliament legislate is equal to salary, had many ATA, the glucose symptom that I'm looking at, the maximum among leap salary not chargeable to tax has specific by the government in case of non-government employees. Could say answer C hola, t lexica, absurd my IGA. 22 meogda. Yeah, but the key employer's contributions to superannuation fund for employees, it is not taxable in hands of employee, is taxable in hats and improper by their contribution and satisfaction. Exit one electric 2 thousand CEs, him to the extent of build personal sanity and D is fully taxable. I'm no, kappa B is taxable enhancer in repo, we didn't contribute. Fund exists is one electric 2 thousand in playing one division to superannuation pattern in please do cosine number b answer is taxable enhanced memory provided quantity whose satisfaction existed more electric 2 thousand cilia carcinoma 2030 memorabilia, inputs contribution in unrecognized or we didn't find is exempt from tax, exempt from tax in personal salary of employees is taxable, is exempted subject to maximum what to buy five of salary of the employee taxable to the r plus 120 bar parson in the hands of old employee store. And sand is exempt from tax, is totally exempt from tax. Olga who came per contribution to undergo tripod and weak exempt from tax to see, Hey, Julia, glucose Singletary, Pamela, birthday, Hey, look awesome. Medic equals the limit 24 minutes. Which of the following his taxable under the hip salaries, salary deceit, a member of debt commission deceived by employ directed EPA company, Emily Dickinson. Do CPT or D, both a and B above EPA officer ***** be Commission deceived by an employee, director of the company to Comission DC by employee directory accompany it 70 Canada rehydrate. T equals sin a body. Jab go episode Erica constant, Nina tie, or which of the following is taxable under their Saturday it to root tech several vocabulary at I disobey. I'm great at ago company. I'm looking at the octree cosine is video number 25. A domestic servant is engaged by the employer, unnecessarily split by him that part cuz it is equal to send Bob bought R2 guy TK or a body in potent cosine, monarch job site or a sense of dinner, multimodal, luckier, taxable in the heights of all invoice, be not taxable in the hands are both classified and non Pacific Employers. Taxable in the hands of base effect employs only the taxable to the extent of this 150 per person in their hands up all employees TO conservative options or yoga answer C, taxable in the hands of employees on leave. So the key domestic servant in get-go that this analytical paid by him diegetic music be under I got taxed 17 the heads off, the spending. Thank you. I'm local video directory. I'm local Santa subscript, PGM, local jeweler, coming really killed the concert. Upload your paper. I'm loop cover correct. About direct Texas ANCA is main concern. We do Mamluk, benign AND gate on sets have different binding constants chapter, but we do go, whoa, got the logo, banana, Tara, yes, I assumed Europa giga. Thank you very much. 3. GST FUNDAMENTALS Indirect Taxation CA CMA IPCC CPT Indirect Taxation Goods & Services Tax India: It fixes all got low paternal X, a domain, odd term lockjaw, but cutting yoga fundamentals of GHG. Ghg joy, goods and services, taxes, Indian container block, the gray, all the content of the books are property of the Institute, of course, that comes up in the only, instead of costs are kinds of books object the roots chapter as well as Olga. In Hindi running this way upto, didn't make a mock up. I'm loco website www dot, dot, maybe just check the agora, but the fundamentals of GSD, the phenomena of GAS teacup, I allege of certain anguish. Me, I got difference between direct taxes and indirect access to Capella peduncle, Lena, Olga guy, Derek Texas guy, indirect tax, direct aspects of corporate income tax GO directly tie or direct essay on the RTI or GASGAS hmm, Loca in direct taxes, agrobacterium lobe, direct taxes, MCI, we are up to x r so far no protects one of the same impact and the incident on the same person. Indirect access. We are up tax not suffer a lot of attacks where they're sufferer of taxes not paying directly for the government. Impact on, on one hand under incident on other high income back stack six, supply base access. The data objects as a difference from person-to-person rate up duties are not differ from person to person. Entire revenue goes to central government of India has a body importantly, they get direct eschar entirely mrna goes to the central government of India about indirect LGG osteoma. Remember about Schwartz's to send our government of India as well as state government see GSD and ADHD is Mamluk currently FreeBSD or income assets in the asset when there is no puberty ARs. And as a PDR concept, central board of direct taxes see BDD is an important part of Department of Revenue. Central pulled up excess and costume. Cbc is an important part of Department of Revenue. The central board of exercise and costumes is being renamed as the central board up in direct access and costume, see BIC after getting the app robot, progressiveness and Joe direct indirect taxes because SIP network a hogan, I'm not going to get Diana Aviv central bullet says, and customs is an important part of the burn revenue and it's an income tax. Taxes and just supply based access. What is GSG? Coffee, Sally, Jesus, john Nika, more Camilo di fundamentals of these chicken that they clearly Chicago. What is GSG? Goods and services tax means our tax on supply of goods or services. Both, except access on supply of alcoholic liqueur. Often human Khanjan sums as per article t under 66 subsection of constitution of India. Gsg is a value-added tax levy on sale or service, or both. Gsg is a destination based conjunct some tax GST, comprehensive and continuous chain up Tax Credit. Gsg, where Barton brought by final consumer, GSD limited, cascading effect of tax, GST beings uniform tax texture all over India. Guy, GST, taxi, one nation, one tax draw all over India may logo Hogan. Advantages of GSD, many geopolitical. One lesson. One decks. We move on up bundle indirect taxes such as bad, CHD, sandwich tax, CAD, SAD, exercise, backgammon, local potential garb, value-added tax, GST, MATLAB, Central Sales Tax, Service taxes to be Bundler guy, endemic tax, GST my hand. Removal of cascading effect of taxes. You move it up. Texts on tax. Happy decade In case is of doing business, lower costs of production, increased demand with lead to increased supply. Hence, this will ultimately to rise in the roster of goods resonantly boost to make India Initiative. It will boost exports and manufacturing activity, generate more employment and increase GDP with getting full employment leading both substance economic growth. The advantages, the key API basale advantage, GAS, Jacob, RMA, apple, butter, Jagger and Goldman, example UK, CMA, ESEA, TCP advancement. Applique sum where direct telescope RMA are gonna go site as the body's design department that DFT that we do up equally bought in button on Abella. Need for GST in the upper left side, Mamluk. Need for GHD in India, following deficiencies in the existing indirect tax laws, caused need to being GSG India has cured for ills of existing indirect tax resume. Gst is a cure for existing indirect tax. That given statement is true. Cascading effect of tax is one of them. It'll cost to cause ill of distinct indirect tax. It means attacks that is limited on a good. As each stage of the production process up to wind up being sold to the final consumer. It is also known as tax on tax, one of the fundamental features of GST. It's a seamless flow of input edit across the chain from the manufacturer of goods, still a disk on Zoom and across the county. Latest understand it is the volume guesses the motor one. Non intelligence of that SRB stack causes doubled tenders taxation in the peasant resume. Let's just start with this. Border is liable to pay back on sale of food and salvage tax on suppliers of services. There is no setup. It means that is not allowed as input tax schedule against adverse tax and vice versa. Number two, no sand wet getting after manufacturers tears to a dealer in a prison doesn't mean I'm manufacturers do double goods, jars exists duty and value-added tax on interstate cell of course, or CISG on industrial scale of course. Backdoors CISG livid, inclusive of excise duty, the decade needs of just to India may be Joby batik ER guy, Joe to contact or some Indigo book substituted to hold on the body and pertinent to tell the ugly statement block they can get one nation, one tax. You're happy I'm login as mediocre, but I don't want necessarily one tax guy, Kubler, the key up at GSK will extend to hold up India, including the state of Jammu and customer. Joe Joe Apgar, acceso, a GMO customer, Laguna italic, and GSD, your America smelled like Olga on seven July proton 17, the German customer goods and services tax bill, proton 17 was passed by the state. That is your employer in the state of logistics, GSG on industrial supplies, if they're eight, July 2070, gone competently, the President of India has promo for moral get it to audience, namely the center goods and services tax exemption to the cuspid RDS 2017, and interrogated goods and services tax extensor two, gentleman customer or the year 2017, extending the domain of sentence and the interrogating the SGX with US State of Jammu and Kashmir with effort from 8th July, 2017. With this setup, German customer had become part of the GSD. That's me making GS do truly one nation, one dx. There's the mean though, Hamlet, Roberta, we looked at just teacup fundamental gigabyte inbox to grill, GST model development. Joe John Kerry opcode and I dequeue dual gesture Modelica, MATLAB, MCI, Center, Goods and Services Tax Act 2017, see GSD, CGS deliberate and collected by central government. It is an avenue sold to the central government of India on intrested supply of taxable goods or services or both. State goods and services tax act without subroutine is GSD. Gst levied and collected by state governments. Union territory is restate, biggest Jordan, Emily delay and quantity on justice cephalus of taxable goods and services or both. It's a revenue source of their respective state government. Indian Territory goods and services tax, UT GHG, GHG lipid and collected by union territories without state, they just shoot industrial supply of taxable goods or services or both. Note in there is a union of states that are tilted reptilia, compassion of their territories, of the states and union territories can lead the electrode genius states and union territories of fluid daily and punitively are having the biggest sure. Gst in union database without supply. We didn't set union density Central GST will apply to all up India and hence, it would be applicable to all in their 30s with or without the institute to replicate the law similar to stay. With our legs showed the parliament has the powers under Article 246. Subsection four to make such laws. Alternatively, the President of India may use his general power to formulate such laws. Is the law same as similar to stay? Gst can be formulated for Union territory without ligase sure, by the Parliament. The following are union territories without good luck, Cardiff done and do the DRA and not going to have really an unknown medical board as their integrity goods and services tax and 2017 GHD mechanism to monitor that intestate date of goods and services and insert that it is GST component. I could've to that consumer state, it would maintain the integrity of ITCZ and in interstellar supplies, the idea is to date what boldly be equal to CGS TdS plus is the due date I just do would be labeled and collected by the central government on all interstate and dexterous of taxable goods and services that they've been new industrial cells with not accurate to the exporting and exporting state will be required to taskbar. We'll send out that, get it up. Adhd. Adhd. You will see in payment of ideas G for dual GST modern mom login epithets, allies and they'll goods and services tax a juicy GSD, state goods and services tax is GSD. They bought the important statement, USTR die, the 50% IGA, CGS teammate or USL data is GST Mu teleology about two homologs, JOB market and a new order GSD council gibberish. But Article 270,008 of the Constitution of India, the President of India is empowered to constitute goods and services tax council, the prisoner window, ticarcillin, 15th September 2016. That gesture eco-cities cell constitutes of union finance minister as personal union administrators state in charge of finance as a member and administrator. Instead, they've been administered out any other Minister nominated by each state as a member of the Council, the GST councils and select one of them has the element of calcium. Guiding principle of the GSG council. That mechanism of GST counselor would ensue and mobilization of department extract of distributed in the center. As well as amongst it has been provided in the constitution 100 First Amendment Act 2016 that the GST Council in its discharge a previous functions, will be guided by that need for the embolus texture of GSD and for the development of the annualized national market for goods. It services necessarily market for goods and services. Functions of the GSD, calcium, GSG council co-function scar Holger Council is to make recommendation of the central government and state government on decks except exempt essence, hold limit. This would loosen GSG legalization including rules. Biggest one, exit down. Thank you very much. I'm local video. Go watch cognitively, Doughboy, Hawaii, fundamental logistical volume, indirect taxes. And I'm local telcos root subscript Q2 or B. We do technically. I'm local website maybe a year, www dot syntax got inmates and group B. 4. ACCOUNTING FOR DEPRECIATION II By Kunal Saha CMA CA CPT Financial Accounting learn WWW TAXEDU IN: Upload food segments, Agatha term, local channel texts, a domain. Autumn looks about carrying, accounting for depreciation. Joham local police car part two, we do a hogan. I'm looking at page or bath curtain. I'm local website www dot dx, dot image AKA be copies or reproduce. Dig binding to argue birthday. What is depreciation? According to A6, A6 MATLAB accounting standards six, according to a ES6, the precision is MSR upwelling out on some or other hand to operate this, the asset as income use uptime or obsolescence through technology and market genders. Deposition is allocated as charge are where proportion of the taxable amount in each accounting period during the expected useful life of the assets. Their position includes a motorization of asset's. Useful life is pre-determined date. The American Institute of Certified Public Accountants, AICPA, implied definition as given below. Deposition accounting is a system of accounting which aims to distribute the cost. Other specific value of tangible capital assets less slab its value, if any, over the estimated useful life of the unit. Which may be a group of assets in a systematic and the tensile manner. It's a process of allocation. Not for evaluation. The precision for the ER is the portion of the total charge under such a system that is allocated to the young. From the AV of definitions, it is clear that each accounting period mark be charged with a fair proportion of the amount of the asset during the expected useful life of the asset. Genetic bail, amount of an asset is in a historical costs estimated residual value. Finally, it could be concluded that their position is it gets to a reduction in the economic value of an asset from Haiti, costs depreciation, car pulled up covalent, but it gets set up, go to the previous got his cobalt, the representation to represent a fixed asset come on Monday or fixed assets say Joe hairstyle, deposition amount of nickel that the useful life under target birthday, I'm looking about the guy API, depreciation, the application and amortization. That Tom's depreciation, depreciation and amortization at US often inter, changeability over this would be furnish stamps had been developed in uses of describing this process, but the virus type of assets, this jumps have been disguised as follows. Depreciation. Depreciation is a concern with charging the cost of man-made fixed asset to our partitions and not with determination of asset value that balance it. In other words, that term deposition in use when x bar you are physical assets. Building missionary up the equipment is to be recorded. Deposition cow got the pedicle guy. There. President is onStart with charging the cost of man-made fixed asset cooperation. Joe Joe Mann matrix I set up the operation conducted earlier, Jo I'm going to fix the security or deposition was a willingness area as an example, with the YAG literally EPA decay. Good. I'm glad you're depletion. That's dam is applied to the process of removing the moving on available back. Deep, less stable resource such as existing coal, permit coal miner or oil out of oil. Deep relations default from deposition in that the pharma implies removal of a natural dissolves, while the later implies a reduction in the service capacity up an asset. Ibm loved about carrying your body in button. I'm local, exempt you borrow maybe up to three government except maybe a bacteria amortization cohorts. And what is amortization? The post-test up writing up intangible asset it as amortization. Intangible assets like to attend, copy that list, old and Google are decoded at court in the bookshop echoes many of these assets. A limited useful life and are therefore return of motorization chi, the key applica gap, I didn't copy the ideal intangible asset, a discount Catholic or Dinah goodwill? Yes. Out I've got copied and Abernathy isotope attend GI Joe hotel who are more traditional. I'm looking about the obsolescence. Refer to that declining the useful life I'm an asset because of factors like technological changes in the market demand of the product, legal or other zones, or improvement in production process. I'm looking obsolescence curve volume in Golden Gate Park providing the precision, the precision or tie. What is the need for providing the appreciation? Low Christ, that separate the challenge? I think you can look again the need for providing their position as an account of the following files. One, the ascertain that profit or losses, the true profit or losses could be, are certain new and old cost of annual revenues have been properly charged against them. Fixed assets like building, land and missionary furniture, motor vehicles, existent important tools in our ending business income. But the cost of the fixed acid is not charged to Profit and Loss of the accounting period in which the asset is part j, the output, the cost of the fixed asset list. It's sleeveless value must be allocated externally to the videos that disability problem that you use up the asset. Depreciation is an item of business expenses and must be provided for our four-part matching up costs, which the revenue, the mu2, the asset as it's reasonable value of the asset get disgrace in their value over the period of time on accounts or barriers such as passage of time. Constants, use accident. Therefore, if the definition is not charged, then the asset would appear in the balance seat at the overall stated value. This practice is as the balance sheet failed to present the two financial position, they get home, look at the iconic standard TO up a black guy to accounting, finance their position on local balance it met the kinda high third-party medicare displacement of asset, business asset becomes useless at the expiry of their life and therefore need the placement that gas resources of the concern ourselves from being distributed by way of divided by providing for the precision, the resources. So sorry, Save. It said excited. Etl may be educated to replace it at end of life of that asset. Number four, to reduce income tax, income tax that reduce Gabby about genetic your taxes paid on the business income without providing for deposition, then it will be the excess to the actual income tax. This is a launch to the businessman. These for the calculation tag, the official should be injected, be pumped income similar to the other expenses. Methods are pretty coding deposition, deposition. I got up to wn the system I'm dialing a debit or concept data-toggle, Hamlet, go down. These are two methods of recording their position in the books of accounts. When a position for depreciation echoes, maintain the following January and detect pass method is followed. Depreciation account, permission for deposition that account for providing the precision profit and loss account debit, depreciation account, closing their precision echo. But we shouldn't put the officials and icon debit asset account and default sale of assets. Any amount realize an account of sale of the asset is credited to the asset account balance, if any, in the asset account and transferred to the profit and loss account. Dickey EPA, when a position for depreciation account is maintained to a aunties over when he published on the present accounts is not maintained. Daca and democratic get the following journal entries are passed in the metal deposition that account data asset account directly. Asset Joe hey, Joe Giga or deposition account debited is murky INT port providing their PCS puppet and loss account debit. To depreciation account, closed down a foreclosing depreciation account, popular loss account by debiting by the hypothalamus and Debbie to represent an act out by closing depreciation account. They are petechiae, the profit and loss account debit to depreciation account, anti-war closing deposition icon took alga in case the asset is sold, the Amon realize escaped into the asset among any profit or loss on sale of the assets in taskbar to the public and loss at home. Thank you very much. And we do technically, um, hmm, local Bundler nuclei, taxi to go journal subset, PGM, local website. Maybe they did. Pga. Thank you very much. 5. Accounting For Depreciation Knowledge By Kunal Saha CMA CA CPT Financial Accounting WWW: Upload Caufield sake, Bassanio term local attacks a domain. Homologs your Bath carrying a OPAT. Important discussion on how the accounting, depreciation, Kabbalah, me upload coping strategies Up coke, deposition, as I download journaling a deposition, KSI, the telly argue, but they looked they can get what is the precision from local palate is committing copy. A cheetah has done career. Leonardo got sodium low occupied by NAD produced under me. The Julia dictate Taboola guy. The term depreciation refers to the reduction in loss of quality or value of a fixed asset through wet or TR, TR in youth, in physical setup time of silence through technology and market changes or from any other costs. Depreciation take place in case of all fixed assets with certain possible expectations. Exemple land, and antiques extra, all through the post-test may be invisible on getWidth. Depreciation does not take place either. Perspective up regularly repairs and maintenance of assets. That what the precision is closely related to the concept of business income. Hypercarbia guy Joe day pitches are no fixed asset. Go buddy. I got fixed asset. Can Sam Rocha, missionary service, Jesus, bother me? I'm low buffering. Unless it is charged against the revenues. We cannot say that the business income has been certain popularly, this is because of the fact that the use of long-term assets then to cause assume they are in chronic value and at some point of time, these assets become uses. The economist value on Zoom must be recovered from the revenue of the farm to have a four-part misery of its income. Hence, the readers smart understand that the posters of charging definition is the technique used by accountants for recovering the cost of the excessive video. The following definition of McDonald's standing of the conservative position more concerned to the learners. According to IS four, the present reject LOS or not. If this is an amount of an asset or bodies estimated useful life. The key epidural Gulag guy, according to IAAS for IS got full power and broke apart the Indian context gender for middle guy, metopic, Bueller guy. The guy said, I'm looking for Wisconsin useful life, who's died under the amyloid deposition. I'm local gut anna hogan. I'm locked, just cutting it off. Your possessive way. I'm local potential Jagger, I'm local address cited. Whose market potential? Jana leaking easy-peasy. Derek, I say I'm looking at a GMO or CTL job. Is Erica amount of who's got someone on our API Joe depletion, Kabbalah, me LIGO methods, I'm loca, whereas straight-line method, this is also known as fixed installment method. Under this method, the depreciation is charged on the uniform basis. On the amount of depreciation charge yearly under this metal is plotted on a graph paper. We still get this deadline. Deadline methods as zooms that the definition is a function of time rather than the US. In the sense that each accounting period received the same benefit from using the asset as every other video to the formula of calculating depreciation charge for each accounting period about important, hey, each accounting period the domain may be up to about. Thank you. I click away. Each accounting period is amount of annual deposition is called the estimated live in neon original cost of the fixed asset minus value. But example, if an asset cost is 50 thousand and it will have a value of 2 thousand at the end of the useful life of ten yards, the amount of annual deposition will be these 4,800 and it will be calculated as follows. Depreciation is you got to 4,800 yards is equal to 50 thousand minus two thousand. Fifty thousand. I've got total cost. A missionary, monarch subset the ER Hamlet 4,800, cartilage or Joe last major bachelor, missionary CO 20,000 minus agrobacteria. Exclusive methods developed maybe journaling. Oh, I'm missing our rate method in May with a handgun low. In case of this method, the running time of the asset is taken into account for the power ports up calculating the amount of resistance it is suitable for charging the precision of plant and missing gap. Glider excerpt or the amount of depreciation is calculated as follows, is you've got to life of the asset in our acquisition cost of the asset minus scab value. For example, if missionary has been purchased for 20 thousand and it will have a scab value of 1000 at the end of the useful life up one hundred one hundred, ten hundred, nine hundred hours. The amount of references of power hour, we'll recompute it as follows. Deposition is you've got to leap up the asset in our acquisition cost of the asset minus k value is you've got to do the cardiac or the key 1900 hours calendar. There's 10 thousand minus 11000. Did you go to ten with ten barn our Olga, if in a particular year that miss the returns for 490 hours, the amount of representation will be this 4,900 into 490. It is obvious from this example that under missing our rate method, the amount of depreciation is closely related with the frequency of use of an asset. Just simply city in calculus. And understanding is the main advantage of this method. However, it can be used only in case of gross assets. Post-lab can be measured in terms of wanting time, working on that iga upgrade, missing our desk under Jana Hogan, acoustics, gender forecasts under jelly, jam look a video they can get or Hogan. Mistakes in balance method is called low voltage. Applicable EPA hi, this is also known as written down value method. Body popular deposition gander me about the exam may metric the bottom I put the journal paragraph, the Kw DB bookkeeping. I'm looking voltage art form in scope under the women's sizing, demonizing balance method of depreciation is charged at fixed date on the reducing balance. Costless deposition male guy every yard, the AMOLED of the physician goes on decreasing every year. Under this method. Also the amount of depreciation is ten spot to palpate and loss account each of the young in the balance seat. The asset is sold at book value after reducing the precision from eight. For an example, if an asset is part just for this 10 thousand and deposition is to be charged at 23rd person barn or reducing balances team, then the depreciation for the first year will be these 2 thousand. In the second year. This 1600 aspect, 20% of 8 thousand in the cardia. This one hundred, ten hundred, one hundred and eighty percent of 6,400 and so on. A database represented under this method can be computed by using the following formula. The precision that you call two minus one equal distant cost net value. For example, if the cost of an asset is 37 thousand, scapula Louis T 1375, economic life DER data representation would be definition date one minus 37 thousand and total 3,375 is equal to one minus 30. You've got two fifty. Two fifty passive. A second cap co Gardner, hug. Good. Thank you very much. I'm local video record several texts and Julia subset VGA upon local website, maybe just www dot txt. Thank you. 6. Advantages of Using Journal Financial Accounting With Proper Details WWW: Upload our food safe both toggled term local Chenin tax, a domain. Hmm loop to Topic cover, cutting you over Olga. Necessarily accounting advantages of using Jonah. Tell Iago birthday was separately upload, taxi local Judo, duty on www. Dot txt. It was majority revisit VGA. I'm hugging part to it are telling the advantages of journal antique WMAP value. Journal anti means regarding the business and actions in that journal. For each injection or separate entity. Recording before the coding that ten Jackson is analyzed to determine which account to be debited, had which account to be credited is heat. There are say, Python is the first books of echoes, the record or die, concert side modal. We took our own society upload onto him. Look a golden rootScope. You do the callback goals got to upside RC constant that we took our concept of jangly jewelry. I'm local genital subscript video it automatically B2B RG. I got gotta take the form of John Donne is shown as follows. Terminal. Did particular results for you debit among jaw gentlemen WHO Diana diamond and my blank pace relative biological option. I got data, I got whisker about dagger, particular lizard for you, debit an amount and credit amount. Indicate what's good about the Dickey egg doting chair parts by trivial column, hey Bella column at the date of the transaction or put is building a digit in this column, in this column, did met and x and y, business and monetary. Olga, who's gay, allow other concept you have no Gaga concept of condemnation that we do will be uploaded on the Dachau at all. It's actually anticipated a better agar up, go up. Got my volume to make the particulars in this column the name of the account to be debited is faster, then the name of the Ackoff to be credited. And lastly, the narrow zone exponents up-down direction r and the debits or credits DGA care about nasa and may start hooker being said. Which may upset that I said that Nixon leaking though button maybe up the dye and the oxygen. What are our queue debit or credit? Column t. You are many Bhatia formulas. A folio, Stanford design, folio, which means page of the lizard in this column and enter the base number on which the videos echoes. Fpr in Lizard, Lizard middle equals 0. Well, there's a number. There are no tie volume for the debit amount of dye in this column. The amount to be debited, it goes to d r equals a different element is done. It's going to stop joke. I don't see a whole lot. This disk Adobe Garcia, was multi-bit, which goes out the IRB ago. You're now hi Debbie. To get it among the CRM in this column, the amount duplicated it against a c out. Along with that nature up currency advantage of using journal, general, using the advantage guy. You generally will start in general, reserve volume atomic bomb. Yeah, Cosimo general, what the **** is a low-tech putting the whole January up-going acid is reduced meal. Jaya generalist is because of the following advantages. Journal contents are permanent record of all the business transactions. The journal provides a complete chronological order to object types of operands, history of all business index, and the tax up later. Blessing of some dye injection facilities, complete input mesh only letting to one single business Andersen is available in one place with all its expect. The next one is provided with an explanation technically called aneurysm. Use that journal, reduce the possibility of n at all went and external flash recorded in this book. The journal established quality of debits and credits for the index1 and the current links. Any problems. If a business practice or bicycle, it is necessary to decide the bisexual deposit. Ordinary goods are missing part than any amount paid is debited by second account and gas. You just abdominals about omissions, duplications obtained exons are part of the index. Without that general, the accountant would be forced to go, got to the individual icon to enter debits and credits. Therefore, it is possible for the accountant to miss part of the index. Duplicate. All are part of connection or incorrectly regards debits and credits. Even with the journal, it is still possible to omit the injections and make our dots that Donna deduce this public wanted to index since it decoded in that donald, it is not necessary to post this immediately. In that lizard-like. In this way that journal alos dot delay posting. The connection with the general, the following points are to be remembered. For each ten directions. The excess icon should be debited and credited for that. The two accounts involved must be identified to pass up Bhopal journal empty. Sometimes. Hi journal indeed may have more than one debit or more than one edit. This type of journal entry is called compound journal entry. Got lists of how many w shortcut is our content. In a compound journal entry, the debits are before any good it'll enter. The aggregate amount of debit should be equal to the egg to get more. Business. Journal entries generally extended in Tucson voltages. Therefore, the total cost at the end of Z space, you can say debit and credit columns. The following watt in particular column, which indicate get it followed up the amount on the next bit, portal c by f, that dividend get it, put all of the pitch or the return on the next page in the Amon columns. And opposite to that on the left, the following walks audited in the particular column to indicate brought forward on the amount of the previous page, portal b by f. This puts a suit did put it on every page and on the last bit. And then put, gosh, thank you very much for watching this video on local cultural subscript video, we've said maybe you, Thank you very much. 7. ACCOUNTING PROCESS Financial Accounting CMA Inter CA CPT Financial Accounting GO WWW: Up local food sake, but I'm local generic text. It will move sagas. Hot topic cover cutting you over. For Cisco, credential icon under the tele identification OP, index one. In accounting only business ten dx trends are regarded. I tend Jackson is an even which can be expressed in terms of money. And banks. In the financial position of a business enterprise. An event is an incident are happening which may or may not be any change in the financial position of a business enterprise. Therefore, all the injections are events, but all event are not end Jackson's attend. Axon is a complete exon, an expected or possible future Rocks Excellent. In every day injection. There is movement of hallux from one source to another. But example, when goods are purchased forecasts there is a movement of goods from the select to the buyer. At movement up gas form, buyer to the seller, the index or may be external between a business entity and a second party example, goods sold on credit to our internal do not involve second party example, depreciation charge on the missing Galois, the key identity deserved and index1 accounting courses me both important. Manoj out I gave the API the key. I'm looking at the app. All injections are event but all even are not injection monetary value on it until you guessed an index or hundreds or you are a buyer or seller. Pass jaw movement when I tell you your vote, Scott or movement will not tell you about gerd autopsy, the accounting process. May. Julie's video I'm going to burn. I am local website, www. Dot taxi do dot. Uptake though YouTube, common logarithm and B-cell receptors sector is say, better be on low. Accounting Gilpin, the recording that index1 may generally is the Facebooks of origin an MD in which all the index on our recorded event wise and day twice and present historical records of all monetary transaction. It may further be divided into subchannels as well, which are also known substitute books. Classifying according. The art of classifying business transactions. Classification means statements setting out part a video where all the similar ten Jackson relating to a person obtaining expense on any other subject are grouped together under a procedure, adopt echo classifying. Recording that the index in general is a passbook of origin in theatrical myeloma, though. Digital poster say accounting gone or he may upload what that always the video please. Or the USA though, a coefficient it sees a hold and I tell you, I'll get back to the accounting process. May Joe, summarizing, I'm login API, the key summarizing is the art of making the activities of the business enterprise as classifying the lizard for the user management on other user group, Sunday night or Sunday greater except the example of summarizing helps in the profit and loss account imbalances. In particular foods analysis. And we just started the financial information or data as the according the books of account MasterCard. Be analyze and interpret it that draw useful current uses. Analyze yourself accounting information with the management to Xist. In the fullness of decision. For me, pizza plants, also analysis and interpretation to Judea. They don't look or financial. You poison blue neighbor that buying homologue or management symbolizing both public and loss and balances come up. Within the sun are reporting of financial information. And users of accounting statements must be benefited from analyses and index. We've just shown our data as some of them are the stockholders and other one does take hold US competition or past and business statement and the boards use Opera, SEO and tints analyses. Dot divided tools up allies is an interpretation from the above discussion. One can conclude that the accounting is art, which start the includes light from that recording of business. The index on our model character that communicating are reporting the result. Darrow put up videos interested, but this may not tell you, though. John Locke, john English. This video key under Boucher, match up dotnet, nominate John Kerry Hogue. Idea about Charles is cocaine AIESEC. I did. I'm looking at it divided the data. What is powder puff? Each Gen direction is recorded in books of accounts, will be writing all the requests in permission object and the axon. Since each ten dx1 has an effect on the financial positions. I'll do business. There should be a documentary evidence to establish the murderer. The icons at the extra decoded and also at the index ions are pumped out the authorize the common documents that are generally used. Under payment. Received both. Transport, the cake alternate documents to dilute back diagonal monitoring. Guessed an excellent way up. You should go. Items, visit Silica rap artist to eke out tectonic. You already wrote that. I'll check them out. Let me tie up got injection hold eye or pupae to authorize local documents is if the payment payment motor Olga, I got up there, I have probably seen culture will not tell you, but just get the toe. This guy are going up silica to the biblical accounts for hotel. Does it go down, say equal? I got best to hit items though. That's what I will tell you that the key ability Kawhi details gesagt abdomen lucidly on a printer standard form. He said they caught our payment. When payment is made for an expense generally are built, is prepared to record full particular object label. The parts are organized on this payment on the bill. The accounting department people it's about so for each payment will be made no matter whether the amount that is paid for the goods parties or to pay employees salaries or to pay for service or to paper, any other asset acquisition. They meant Boucher who are not generally, hey, I got to pimento title payment, voucher holder, disabled child, each Docker mean which is issued against gas received. It may also be a FinTech standard form. These documents that has started some of money was received from a parcel or organization and also content, permission of the art boards for which the money is. It is signed by a responsible employee authorized by the management through the CIP. Money. I could record their magnitude is about Derby or not doodled Bowtie. Global option at the key outcomes spot. It's used to decode the external, internal transaction or an index or not involving any gas payment or the SIP recorded in the transport hotel. Examples are good spot just untreated depreciation of acid. Outstanding expenses, equal income executor. A JOB of Sharp code the cardiac transplant hotel. Instead of the business depreciating asset or I double-checked get VGA, the unit of transfer RNA is much higher profitability, disciplining or API to co-payment. We according even deck as well, La Jolla. Thank you very much. We do go technically, I'm local tax subscript VGA. I'm going to be ever dissected www.edu.product area of catacombs car deleted texts isn't regulated. Current, Michelle, I'm local analytical derivative victory. Or thank you very much for watching this video. 8. Financial Accounting IMPORTANT CONSIDERATIONS FOR RECORDING THE BUSINESS TRANSACTIONS WWW: It was a local field sake, but Shackleton envelope attended, detects a domain. Look to cover the topic overview of financial accounting. Important considerations for recording the business and the axons. Are they bought important? A UK are going to be taking a taco copies. Journey, seizes up go diagonal local technical journal subset of VGA, local website go visit gives you to hit www dot, dot, dot. Argument. Important consideration, say misconduct Bellagio out I did discount. Discount. Discount is lucidly on the list price of the goods. It may be allowed by producer to wholesaler, and by wholesaler to retailer, for part just some goods in large quantity. It is not recorded in the books of accounts. An entity is made only with the knit among receive exemption. But your goods of this price, 8 thousand at 15% discount from x. In this case, the following and D will pass. Just like all day dot six thousand, eight hundred six thousand, eight hundred being pushed apart just did discount. Minus the API Galois. Practice seconds or why GDP practice? Job portal cell. Why $8 thousand? They can have a login to your journal and DTI. I'm look at gone. Okay. Just a second. 6,802 I did this Congo MATLAB, we go die. But your discount DIG die or alga, large quantity of among the partners. Good job, really surprised 70 thousand. Galton discovered, I put the dye, the optic decorating it blockquote that discard nominal dignity is coated. Discount accounting, which may decay, is good enough because you're among programmers 6,800 or the upper, the kind of vulgar. But to second data are few. Uk but just psyche, I execute the purchase middle of sonar that the hypothesis go down or up items dictate hmm, Look, I'm sorry. I'm on order received in full settlement. Gas discount. Discount is a system alone by select to buy are encouraged him to make a leak gas payment. It is a nominal account. The person who alos discount it as an expense and dip it is books, it is called discount alone. The partisan will disrupt discount deed as an income and it is called discovery and edit in his books of echoes, discount received echo for example. X also these 6 thousand to why he pays these 5,950 in certain men against that among do in the bookshop, x-dot journal empty be why? Icon data, 6 thousand book DESeq own 5,950, put discount discipline, act out, 50, be gas, fade this cow. It received. We looked at the gray I'm on page are deceived, improves that then meant that this got to do hey, Gamow, top business bond abuse at the Cas9, Dr. Amman do, but I will better we'll discover the DGA or put it among identical digital ticket. This may worry about why amount beta is even a full sediment or take a look at this from the opcode. Yeah, I'm on tap. Without the gene Though it's made DO optional data. Gotta high opcode. Joe discount received Gardner was good. Say a Gotye, your discount allocated data. The biological action Hogan, why? We took us six thousand and two thousand nine hundred fifty to discount the same account 50 Olga and in the bookshop, why? Why? Why geckos, why app could discard allowed to split our GPA in the books or y account? Yes. Echo data, 595052 x 6 thousand being gas, you see pump discovered a Lewis acid. The, I got this reciprocal. Gaga, but I'm local, taught off, suddenly decided I got distributed as f0 samples. High ATO die, decade. Business may get discount with an apartheid. Up, go up, go get discount. Distribute empathy is active full settlement. It'll upset. Qpr grab got discontented, the whole settlement holds or I forgot. Good, bad. Don't look at this candidate. They had to him Look, I've got log of almost don't even though tie local option goods distributed as feasible. Sometimes business distributors goods as fee sample for the bar force of advertisement. In this case, advertisement account is debited and practice act on discredited. Example, costing these 8 thousand distributed as f0 sampler to decode this ten bucks on following indeed will pass guarantee overtake. You advertise an econ data. It tells it to practice AECOM 8 thousand to participate console UK. I'm look, Joe McCarthy hit the practice. Got the heels. Good, bad data or good day. I got I'm located him out to a partner second data quartic fee sample detail because in practice, I'm local credit card. I've got to government. What does an icon Data? 8 thousand to purchase cycle. 8 thousand, yeah, pay the interest on capital. Interest paid on capital is an expense. Therefore, interests accounts should be debrided. On the other hand, the capital of the business is to increase. The capital accounts should be the entity will be as follows. Interests on the peptidoglycan data. Capital account, capital account. Capital account or not equal to. Jo, fun with that, I was gonna die. Joham, look in what's called the shareholder Nehiyaw, our company on molecular, our business just starting capital of the investee STR command in whiskey I as an epidemic, was scheduled to interest paid on capital is an expensive business point of view to capital gullibility, build TIM loop. You get all business ponder, Butoh are not equal digital opcode you'll convince symbol of video are going up decaying concept. What we do, though, I'm not into the account level of time, decay, capital outlay the aperture interests, I'm looking a capital. Therefore, the interest should be debited. Interest accounts should be debited. On the other hand, the capital of the business is increased. I'm looking at Corteva capital, are interested in bank. Bank certainly lonelier to have a laundry women, Curtis, there are some other put the number of times, I say H2RA. On the other hand, the capital the business increase, the capital account should be credited. Then DO Loop follows intestinal epithelium and concrete. Mullah of certain Mamluk triangular interest charged on blind, drunk, come up, lift out that Dr. MATLAB will die. Joe, company corner, hey, Aughie capital, goods, rail it I guess I've come back all the time. If the interest is charged on the drawing, then you due to the increase in income or business interests on blanks will be credited. On the other hand, there will be increased in goings on in capitals. So drawing account will decode this falling until you pass. Blind AECOM. Capital echoed going account capital account. You see David perspective interest on October. Glossopharyngeal headache year depreciation charge on asset. Depositions are called permanent decrease in the pillow of an asset, whereas many other causes, deposition is an expense. So the falling into class deposition icon data, set their own data. Just assist global deposition horror, which scalability the precision could debit card DJ, acid echo, that gives him antibiotic guy get this kind of inherited. The jewel sale who may among the coverage. Tricky. Sometimes our thoughts our business failed to pay the amount due for him. Listen, maybe many exempt, but he may become insolvent or hematite. Such variable, recoverable amount easily lost. Business could record this falling into that depth echoed datas to tackle them. So I go second cutting that Jesse cover the vault in potencies that recovered come out loci that dip or gas and login and you towards an outdoor gross got there. They can scale back the Covarrubias. In any MO become E, D, vulnerability from any customer, detox, his account is closed in the future. Any amount is governed from him, then his personal account will not be credited. That does not exist in the boot volume is boss gas according data. To recover, you get a guest account, Volcker directly gas mileage, IGA, deputy governor, I called Cook edit curriculum. Glad you'll have shown headache. And sale of inverse, meaning when a business has some surplus money, it may invest, this amount is injured. Or other types of securities. When these securities are notches, these are recorded at the purchase price paid at the time of sale up investment. The cell dies of an investment is recording the book of the following are these paths to record the purchase of investments? Investment echo David's book Ezekiel, in case of sale up these securities, The intuitively gas echoing data, the sprint at epigastric idea, they give back to yourself sales, investment, make alga and D investment echoing DB toga, to cast our code may on incus are still up these securities. It will be gas echo, WE DO investment. Uncle got totally. Look, John luca, the option Margaret had lost of goods by accident or get into older age uncurry the UK, no voltage or radio that are government guy except I got to update it or Asad equals symptom. Die. Though. Accountability there are business Miss suffered, loss of goods on account, on fire, tip or exudate, which is a business loss and nominal icon. It also deduce the goods at cost price and increases the loss expenses of the business. The end you will be passed as loss by fire, accident tipped account debit. Loss is still hold up. Good sample of Degas. I got to participate. Why do I got Goodson participated or incidents company account debit to insurance component going to deal with, for instance, admitted, I can influence them Africa, DC Bogan, buoy AND Olga decay. It's just company debit, but just go to distributors three, simple Medicaid to participate. They have been too much. The second 21 take that tell you about the hip. Good. But the income tax paid me. I'm looking giant income tax paid me. Yeah. Hold that. Income tax paid should be debited to capital account or drawing account and edited book gas sac or in case of sole proprietorship and partnership found decent B on this is that income tax is your personal experience or the sole trader and partner because it is based on income up or by the India will be follows. Capitalized on data. Going up on Data. Guess echo. Do you have per kilowatt? Yeah. Pick capital account, go home loaner, debit guy, drawing account gum, luminaire, deal with gas. I couldn't yeah. Q UK, capita, Lygon upload, Kolkata, whole lot. Capital account Joe, hey, I'm logo Katy, job, bill die, die, or debit card instead degree. So Thai capital like on day we took our drawing a contact medulla, Luke ASA over banks, Axis Bank provide services to their customers bank we do some tags just by debiting their concept customer. It is an expense for the business to decode this following MD will pass in the books of businessman customer banks at the second data point, bankable simplicity over then, just cut. That isn't gonna die. Bank are consequences. Concept account, Coca Cola, diagram one option where they can get drawing, account blindness, accountancy of posture and accounts of the provider or the businessman. We took gas or goods from the business. Body's posture, not damaged tissue. This is called as blank. Blank. You just took epical as well as goods as well as other business gentlemen destroying our own data assets. It just got to push items. I'm looking at the except by just I called my dagger and let's see if gas it here to check on podcast artists and I got up, do you know absolutely. Right. I forgot. You're not hey, OK. As businesses, Niigata I articles I didn't Monica drawing sack under data, nasa. Tell Iago what the personal expenses of the provider when the pivot expenses such as licenses, premium income tax, home telephone bill to suffuse of the Sarnoff the provider exit out of the gas or Bangkok out of business, it should be debited to the drugs or code of that journal. Induce capital going with gas or the bag. Just sick. To wrap up this course, active capital drying, drying up gas directly to a castle got benefits. To length decline. I didn't Hogan, I'll get back to it. The kingdom look, sale of assets or by D, when the asset of the business is sold. Data made awkward at Pompeii or loss. On each sale. It should be noted carefully that cell cycle does nearby edited on the sale of acid, that journal and T's. In case the idea of profit on sale on both by two on acid gas O2 bank debt to assets or property to pop it on sale of assets icon, the Kawaoka in case of loss on sale of assets to epoch are getting now look, there has been a county with cutting loss onset of an attack on debit asset account. They're happier, note calculating and never get it. Render, setup acid. Bid. On behalf of customers. On the business entity pays that amount on behalf of all the potential customers, such as get it in anticipation of converting the assembler later on, that icon suit not be opened because this is not the x plus of the seller, should be debited in Barcelona on certain analytes custodial the second another hole at Olga, oblique towards sack own data book, gas or bank.com. When the business entity received the amount of the Bianca cluster 100 tax practice as mutually settled between the attack party and the customer, that counter attack bodyParser making the payments will not be opening. The books are distributed to the gentleman of the entity, is guess or bank account debit, customer auditory stack on top of the kayak level, adoption among paid on behalf, obligate eaters could be helping me among young guy. But when the instructor business entity to mixed blame it on the app. Now amongst so page should be debited later. Second language of the visitor duties according to general in this supply dataset called debit gas. So thank you very much. I'm local. We do go technically on robots and could urosepsis, SVG, GOP do. I'm looking at multi, multiple know, Hey, I got up UCB accounting exam what I counting up UCB basic knowledge will not voltage or Rubio time to local chemical Joseph deputy on local intercept, maybe our upcoming be common book yourself what we do longer. So thank you very much. 9. Accounting KEYWORDS By Kunal Saha Financial Accounting CMA CA CPT go WWW: Is to upload a good segue but toggled, hey, I'm a logo. Text domain. Hard homologs your bath covering over counting keywords, keywords, microbiota Jack counting downwards. Yeah, it was good about the Mamluk, but getting basic silly caper, cooler, Django blue. And I'm local general journal subset of VGA. Hi, I'm local website. Visit, www dot txt. Argue about the accounting accounting concept. Gallagher, under Django, thumb, local molar Morgan equitable will get what our TI DO. Matlab gotta double that. Recognition of revenues and costs as DR. And it includes the cognition of ten Jackson relating to assets and liabilities at the awkward, the expected payment, It's actually super payment or the high was a laba. Dickey actual awkward rode a horse, has a good coelom loop. Good conduct, jangly, the asset receivable, immediate payment goods are now tie recognition over a Boolean. Costs include recognition, not the injection, little too asset and liability as the upward, backward decay. Birthday cost, cost, cost MATLAB guy, because MATLAB Ada, amount of expenditure on are attributed to a, the article Modoc, art activity, product or activity car, domain Costco die. Joe Scott, buying, price up cartilages as part of business. You are DO cost Joe hey, Joe, buying item G2 price. But that was because I'm looking at how glad your QR CoA, expenses exponent's come out up to large. Joe. Related to the operation of the accounting cost. Your costs come on up, dye your total African incomes at barely mess up cook or no, just me or he explains compartment, I'm looking at payback that I knew a total amount, the SIP farm sales of goods or services. Take a course to Hogan low-cost investment that I'm looking to stay business got the return value, return comma Tebow type of total revenue commentator, proton, pump sell goods and services. Not properly. The new Puppet name, the new head total amount where the zip about sales on goods or services. Dog walk your feet up. Income if you knew or expenses, income, income co-op pop-up because the jaw accessible if we know TI expenses better. Otj explicit Jada, GOD renew her. What's going on? Look, income, ganglia, loss, excessive expenses over renewed. It would go got the G up, a whole got excess of excellences over. I'm going to explain Java hotel algorithm produces a loss. Use cutting contig may take capital generally refer to the amount invested in an enterprise by each order. This is just my main risk. Among those, among co, I'm looking at In this movie, I'll pull them really want to tell you, the capital, a capital Sigma library decided, Well, I've got fund an echo usually of their natural reserve, which is represented by specifically our market acid. The hydro bank. Lonely at the door, telling library. But I put down good, I want to say you found an echo loser, the optimal rate reserve, which is presented by epistemically our market asset. When I'm looking at King income who are high experience where I have again guy, because if you are based on MATLAB, Bowtie and monetary benefit or advantage, resulting omit the index1, boot up the injection. It monetary benefit, Come on, love and money in book door AT argument. Black only yoga. You get back on schedule, opcode, You'll go up awesome, getting easier. What is the art of recording, classifying, summarizing in Significant manner, which are at least a part of character interpreting the results thereof. Though, the app again, you'll hear monetary benefits, poverty advantage resulting from it. And Jackson or group octet, Dr. Hogan, tell you humbler, Algor, look, you watched it out. They can get Haggai investment, liabilities and net investment in the binding moment. But getting any expenditure on assets held to interest income or other derivates, investment expenditure on asset had two aren't interest. Ticky, I'm looking at interest in Kentucky. Acid combo credit. They're excellent, got the income because they're popular. Other benefits, typical sector, investment, jewelry, hippies dismiss liability. Look like or maybe taking a library, Come on, love. On total depth financial obligation of an enterprise or that they're not fun. That's fun. Your financial obligation hotel. Go about backgrounds the bottom. If the bank loan be liability or die, it can also be uploaded by the middle guy you may add, are going to hold you up the eye or ECB. Boost MRSA, mrsa, the bike percent, nib, puffy. I've logic network, that excess of revenue over expenses during a particular accounting, video, accounting period, calendar, Joe, renew over the excesses, if we know dy over dx music, guitar up, or he just got the, hey, I'm Lou, you get it? If I'm lookup with Django joke, you are sick. Editor is go get the amount owned by an enterprise on account that would spark discharge services, disabled amount owned by your enterprise, your headcount up, go to partition this DC. Low jazzy of low quality Gators come out, luck out there. How does it go, silk, are there or the dark saga? Glad job Sean had the sky air parcel from home. Amount that do for goods, solar service rendered. Look, draw them look best. The hip, I'm usually called the silk or theta Luba, or the reverse sundial. Mozart up E101 of an enterprise a, preceded by the management, but as general specific part bolts fund, future, really good. Oh, a decade after he died. I won't have low reserve or correct the head. Luckily we missionary go damage or Delta I E Coli be legal in some low local company code. But just like the SDA, you reverse be reserved the whole guy we publish on among the ten by way of providing for any non disability, among which cannot be determined. With the shaft initial accuracy, model up gap, what we focused on product pulled, upcoming aluminum will be a keyword set accounting term, whereas conduct the pollution come up with an algorithm to tell me which got differences on hold. I am logo parallelizable nij, which are known any non-life legal guest realized that local data among the Navajo folks octet, except the sudden apart it is, I've looked at elicit, knit, the result value, actual selling price of an asset. In the ordinary course of business, this cost incurred in order to make it needs coffee where cos sin joke you work on that. It go officially exempt. Giggled. Modelled simply be to guide what is knit. Realism. Deal with how to hold telescope out. Let me, I'm talking about actual selling price of an asset in the ordinary course of business to actual setting pleasure die ordinary called SAP Business. Scott will say, let's cut the cost incurred in order to make the cell. In goodwill. To order to make the same link buys an actual delinquency among 100. Tim look at actual selling price. Ticket, asset got often asset in the ordinary course of business. I wanted list got DDA, cost to make the sale sale cognitively advertisement. Yeah, I'm looking Monday Debussy, 100 biscuit total cost price, total selling prototype. They can hold a maximum Joe extra sacrifice 100 come out a bit. But order, habit, though, accounting convention, under attack. The key, Ma'am, look back and go Palo Alto, die inventory, tangible property held for sale in the ordinary course of business, in the pulses up production for sought. Same inventory commands. Wo tie, do I tell him logo, go down inventory. What is it a day? Inventory. Then you will put my digital die or seltzer value, ordinary course of business and the horses up or a suicide sell our product without a majority? Yeah. Put them under the OTA. In telling report what is internal report? A blogger accounting guy on top of my head. What this interim report, though, I've shaded as a circle then gave the information provided with reference to a date before the laws of the accounting period corner are interested parser, formal sounding. It's upon a certain financial position. The inflammation, the international school vet guideline for the farmers to a dead people sit belly the close of the accounting period to or not dead, cut them organic, apparently weird kinda on alcohol that in distant parts of poisoning organisms. Both the portico coli Alban the report or other interesting part. So constant over a certain solution to bother me, Jo Babcock, mockup finance report, you'll have diam local July accounting period, cotton wool genic about the authentic It's sit belly. Before the closing of the iconic going on our chart. It will report inside this or months at a time. Music company in didn't report gang precision, body harmonic UR equals Joe Dante, all inhabitants, which could be my LUMO tie depositions, nobody made definition cow that is independent of weeks acid Monday directrix, I said desktop LEO goes GER, long head, 1 two hundred, ten hundred minus character Django does. Hmm, local assets periodicity, say I'm on a live copy versus Erica XL, which I've been able to google part. There was just some balance seat AQR up local, but the whole nacelle you back on the student. Finance students. Our statement of financial position or bond enthalpies. As at a given date, Joe financial person, Hey, PCB company, Cauchy's few organisms that these individual logger proprietorship business, a balance sheet or statement of different onset which is shown up an enterprise as at a given date, Abigail paper and paper GOP up or digit the portrait, the highest company called Report, the moment majority hotel. I asked part of God when they couldn't do proper tacit. Josie sky a shorter answer. Prognostic car. Joe bought or I up it though. Yeah, Video balance. It was topical. Manana apartheid, going to finance a portion or interface as it did not tap the toe Capitals. Yeah, but the key governments and Zimbardo me, I'm looking at keywords, a discovery moment about B. So generally the amount invested in an enterprise BI, it honor, to capital jumpy, AIGA, DC MiSeq segment up, if you are Gaga, Laughter. So generally the effect to the amount invested in enterprise by its owner or actually modelling do business owner who megahertz inverse got tau amount will be product o capital Delta height, The Charlie, thank you. I'm locals and we do go what's cognitively I'm logos, several equal Judah subscript, DGA. I'm local journal, comment box, really key idea, concert, subject, car concept, visual literacy isn't necessarily Did you see him integrated approach? I am locally dilute all those video Kubernetes ecosystem having me. Thank you very much. 10. Financial Accounting Golden Rules With Self assessment Questions & Answers GO WWW: Is to upload. I will tell them look, attending a domain. Homology to butter AND gate over financial accounting. Golden rules get bothered me. But getting a classification of echoes with self assessment, cosine, and Gabbana. Charlie. Out-of-home local tended to go YouTube majority subscript. We upset maybe J, W, W dot txt, a Duke.edu. Video details. Technically, jelly argue about de la golden loons car or her personal accounts. Echoes, which are related with echoes of individual farms. Companies known as machinery account. The postural icons may further be classified into three categories. One, natural parcel accounts. On some individuals, such as our kills echo, echo, echo. Natural personal accounts. Number two, artificial personal accounts. Concept companies, institutions such as Reliance Industries Limited, plants club, ms has some and songs. Necessarily, college accounts are artificial personal accounts. These exit only in the ESOP law. Number three, representative personal accounts. The icons, which leads to present some partition such as was outstanding accounts, pipette incident stuck on accurate interested, are considered as the President posture and Joe Luca web costumer conscript bottom map. The key up at the cardiac, diluted with a concept. Individual farms components are known as password and account to a NumPy natural personal economic gains or losses are going to vote, which come to pass through diagrams come they're telling it. Artificial personal account Joe, Joe activists, model DuPont certainty or die to college using distribution car now without R2 Sebastian or customer and deeper and deeper question like no matter what I do, I count. We present some point. Soon as it worked out, Turning account speed bit in pseudo second, many instruments go Maliseet, the other guy must money prepaid, insurance account minute or two I intersect. Of course I'll be stronger conflict under Jagger concept on debits Gaga concert, on astronaut nominal. Real, that counter is denoted sanctuary Linux, but I'm definitely on similar debit, my diagram concept of luck. I didn't know Jagger concert rules, the agai deal accounts. Do sorption, ma'am, logo. The other account. What this is. Do you lock arms or the alkalosis related to SAP? Public bob IIT's. This may be classified real accounts and intangible. The alloca concentrating to tangible assets such as building plan. Listen that gas are classified as tangible. Intensive of the other accounts are the UK Consulate to intangible assets such as goodwill, Denmark's copyright. Fantastic. The recording member download. We're not going to come out. The other columns. Well here comes convoluted acid on particular Holger. The ability. These may be classified into tangible and intangible. The agricultural sector just come task or sector. This code dot sneaker. Don't know the other account content IGA. This echo relating to tangible assets such as buidling older blind, missing that the gas furniture exit thermodynamic intangible assets. So what that did microtask copulate with? I just super intense even the electron content. I'm looking at this slide. Nominal accounts come out on me. John Kerry. Look, then they can nominate accounts Cusco, they hit the ACA on. We let the income, expense, losses and gains are classified as nominal accounts. Except in this account. Dachau intersect salary echo. Echo denominator records. I'm looking. That goes into a income x minus losses and gains and class. Luckily, Joe echoes income q-binomial about that I lost. Again Kibana, but I guess the burden normal nerves III, exemplar upset gonna take and go with the second the intake of God. Is it good? I thought I got to salary up Go women TIGR Thai company or scissors salary according to expose the Thai company code say bad debts or the experience or data. Also be equal to, let me know electrons conduct our golden rules for debit and credit. Commenting about VI, decay Leica, up echoes rules for DB. For edit. I've just echo routes for debit tools for 1 second. Then we told our editorial, postural control, I'm adding it to the key. Debit. This super difficult debit. Georgia zipcode, the digital data to debit what comes in and what goals. Our real economy. Joe, Joe Jada, we all die. Good. Nominal accounts, Kabbalah about getting the denominator. Consequently, I debit expenses and losses. All income and gains. Ticket. I'm not going to be denied golden otoscope out. The cardiac postrenal nominal icons to upload details. John Kerry, RP are gonna sell as intimate applying topical or the other ECoG, I guess almost naturally. Boolean rules that tell you how would you classify that following the bus or not? The nominal accounts in men, they are Holger freehold P Mrs. accurate interest, Punjab industry called Pitocin, Janata allied mechanical work, salary accounts, accounts, but just circled indian bank limited capital accounts. Vocalist, Gore-Tex act on dividend received throughout the cell cycle map. Yeah, of course they do. They can miracles belly up. Legally Japanese tariff system as mental, easier to concert, Beilock onset cosmology iga will skip out of solution. The hinge TK, I've got Visual go postcard could be up up dot set asset may be a golden scope or upwardly body multiple Nevada, TCP government job magi or TCB butter company media, you could get your blueprint him VBA, assignment, voltage, decay, map, API solution, digit out, up, up getting solution. Typically giga. Tell you, thank you very much for watching this video. I'm logo generate, texted could do subscript EDA, our opcode, me after satisfying P M loop or PGI. Thank you very much. 11. Accounting Concepts & Conventions CPT CMA CA IPCC Govt Exam Preparation Finance Idea WWW: Hello conflict, second burst faculty, hmm, local general decks, a domain odd homologs, robots carrying a olga accounting concept and convinced them cobalamin bought the important how political Porta Holger, the accounting, accounting concept of beauty, jewelry or unconvincing copy. But the government except maybe bought at that, at I equals to a and I've got the opposite that I say. So be courses NCA, answer, they bind to tell Iago birthday was a belly. I'm low botanical Joseph get two giga. The x co, or after comment with the Gigante cons subject will be due on apical eating better Hogan local upset. Maybe adjust the Buddha, Buddha blue dot, x dot, which LEA argue about the accounting concept may large Option, key, separate business entity concept, a concept called MATLAB guy made available in human, but that their doubts about that, remember download ability, car guy, separate business. Indeed concept came a double die. I've got business or jaw or not. Hey, suppose manly man attacks God, your arm logo, business matter. Which corner who saw my at your business or business pointer boost it up because separate business entity concept, prototype, who's come up? In accounting, we make distinctions. We didn't business and business owners difference Olga decay all the books up back onto the courts do today for unanswered and axons from the viewpoint of the business that then from that of the or not that is considered as a creditor to the extent of the Capital bought in business by him. For instance, when a person invest these thin then lags into our business, it will be detailed that the business has that much money from the unknown would be shown as a liability in the books of echoes of business. Capital in most girl, meager capillary in the sky, no matter business may go or business point of view say liability, Holger, or balance. It may library decided me, the high they got. Capital. Monkey is D, of course, the apparent business and D costs separately. I County concept concept applicable to your other hand out tickets. **** dark alley, cat y, similarly, it that are not obvious where to take gas from the gas box for meeting certain parts and expenditure. The account will show that gas had been deduce, even true, it does not make any difference to the owner himself. Recording a transaction. The inputting is, how does it affect the business? For example, if the owner puts gas into the business, the ADA claim against the business part a capital board, either upgrade your business or business may appear capital inverse curve, the Doobie capital investor, hold our head or add the Giga or attract capital may address the diagram library site may Holger on our guard. Apgar was capital sequence dark or title? Do I regard to jeopardize LC? I've got minus all Jagger. I've got offshore admit the hardware. I do occupy our seller can look buttoning their company to on our Khabbab. Separate business entity concept map, separate OLAP business, say celiac like occipital about there. Money measurment concept. I'll be your optional map pile up in the middle button Roomba that they keep my knee mesalamine constant Macau died. Joe manipulated the option or die accounting and multi-level type business then the axon with money, without money, I've got a pocket veto. Laws could be the whole ugly joke. The injection of prepositional holder or money, monetary loaded. In Hack on D. Only those business transactions are recorded, which can be expressed in terms of money. In other words, effects or transactions are happening, which cannot be expressed in terms of money, not recorded in the accounting books as money is accepted. Not only as a media mom makes sense, but also as a store of value. It has a very important sentences and number of acid and impurities which are otherwise difference can be visceral and expressed in terms of hormone, dominator to EPA, gaba loggerheads, imago available. Oh, my balloon fixate. My data injection on, I'd say yay. My name is admin concept come with LIGO tie. Business, national, money involved. If we consider that can get uglier option GEO concept Medina, higher expect the concept. Concept guy, alcohol, mythology, I got double-entry system behave, I construct a single entry system. We and the system behave. Gas method, ba, ba, hm, logo up about Nick. Well, let's talk about them about this is that IP I say UCA or I do. Well, let's constant make up our God puts banks alone, lit up with a business may have got among the idea like looting p bar Jedi. He said Do electrical volt, don't know therapies or horror, financial accounting. The course, all the tangents, zones and events invoicing involving financial eliminate each of such the index1 requests to expect Buddha be decoded. The recognition of these two expert on AP ten Jackson is known as it will export allies is. According to this concept, every business standards will help dwell. Whatever example, if a pharmacy goods of these 5 thousand, these tangents are involved to expect one expert is the delivery of goods and other experts immediate deceived of gas in that case up against sales, I've got a guest. Olga immediately are post-sale. Could kick ***. Assume all Janata you in fact, the term double entry bookkeeping has come into the system. The total amount that we get, all those equal to the correlation among credited or debited regard same amount appropriated do and I'll tell you as an expert concept, but it follows from dwell expert concept that at any point of time not equal to and a library or default, any accounting entity will be equal to asset on my down into T. This idea is fundamental to accounting and could be explicit. The volume you can reduce the asset is you've got to liabilities spots on the booty on any good digital asset minus library. But let us it Macau dyadic EA by this may excite liability OTA, etcetera, etcetera that, well, you recall from the Java library that will be at the ordinary good chemotherapy epical VA, the same, yeah, P equals yes or no guy acid. Did you go to liabilities include Tilda or ordinary goods, gaba, gaba you to asset minus W2 Hogan do not accept percentage. The ugly, absurd Mamluk dying a going concern concept in accounting concept, major going concept, concept gamma. Gamma is the MATLAB ADA business card, the future maybe business continuity Hagar off onto new, the big R. I'll get the wrong way. I'm just going to do Hogan up exhale. Businesses go back, a bunker, has a name, yoga, can submit able decade accounting assumes that the business entity will continue to operate for a long time in the future unless there is good evidence to the contact that the enterprise is viewed as it going one sign. That is as continuing operations, at least in the foreseeable future. In other words, they are these night that the intention, not that necessity to liquidate the particular business venture in the future. Predictable future. Because of this Adamson content while valuing the asset does not take into account for sale Gallo update. In fact, the ASM songs that the business is not expected to be liquidated in the 472 charts establish the basics for many of them. And lucerne and I looked at certain inequity example, the accountant charges depreciation on fixed asset. It is the assumption done with underlying, at least on an investor to commit ever go to Enterprise. Learn the basics of this. Accounting courses can remain stable and active time object, democratically reporting and recording on the capital invested. The efficiency of management and the portion of the enterprise as a going concern. The deposition of the young legitimate reason cartel. If missionary get there near criticism of manually heart Sal, look, puberty, you get deeper garden, a whole library or compute ODI. Nam is dyadic acid. May. Far, I've got going beside me, going concept, come up, LIGO TI, DO, ESA puts easier JSR business. I've got to tell you, hmm, look ugly, constant kilo per day. Joe, hey, I'm loca Accounting. Video, concept icon, period chemotherapy outside. Accounting, subbing. This concept, decode that the life of the business should be divided into segments for studying the financial results shown by the enterprise after each segment. Or true, the result of autosomes on the Pacific enterprise can be known. Only up to the business regularly, is also studying those who are interested in the opportunities and our business obviously cannot wait to learn it we couldn't love this part is for the business to stop and see how things are going on this day. Accounting model devote that charges. Images in the wealth of a farm. Most short-time video AND most common interval on account are we willing to act is Davidson and government to government some pumps and do financier of the government some other calendar year. Also equipment period is erupted for external reporting or shorter span. One month of t mounted epidemic internally for the particles, you'll hold the advocate accounting period concept of the key, aka the quarterly hotel or happy allele or diode, yellowy financing, macchiato, dor di plus EPC, ugliest salt, GAAP, got Joe tactic has March away. Valid financial manager oughta, this map called Business Standard Hotel. Okay. Too much. I'm going to accept the underlying low buck. We usually put another tool you need, this Actium low gentle descent terminal quarterly report physics ten months, if we detect a six-month-old, it would be this actor who's click OK and I say, everybody in that county, beautiful concept, it's come up, let me go to concept day or I've got the pulsator us, it will not tell you cost concept, Num Lock, Django, cost concept of MATLAB guy, I'm looking ridiculous. It denotes studies, land building, Ms. Nancy, etc. On, by a business. The money values that can assign to essay are ripe Bomba, cost concept echoed into this concept. And acid is ordinary entered on the according the god at the price paid to accurate. Example, if a business by a planned for this five lagged asset would be decoding the book as five Blacks event. If the market value at this time happened to be the six that this asset or decoded at their original size. And this course is the basic for all subsequence equity for the business they assess shown in a financial statement, do not. This is how to integrate their present market value. The book value is used on it. I'm also in the accounting the course. George discard them hey, after the black colic impacted by us exactly as cost concept de Lubac attack on the Black Sea, the kind of data needed care, check the artist. You have to carry their company. We didn't say up capacity documents was among those who are poor. They kinda 37 Joe, I'm logo constant concept, the matching concept, me, I'm Rob. Hey, this concept is based on the accounting period. The concept in reality, we match the revenues and expenses during the accounting videos meeting is the interrupt pulses of the measurment. Open. This guy as it pushes up matching expenses with the revenues. In other words, income made by the in-depth buys during a video that can be measured only when that even you on during the period is compared with the x-coordinates, I didn't quite follow. I mean that broadly speaking, the voltage that total harmonic realized from the sale of goods are bullish on our services together with the undoing of the revenues, cost Inca do not become expressed on to the goods and services in the course Antarctic same cost is not with the expenses explicit sacrifice made the source code and zoom in this one of the venues undoing an economy. We do it. Only costs that have expired during an echo in the video are considered as expenses. For example, if a commission is paid in January 2002, parts and pieces in GI in November 2001, that commission should be taken, caught up suddenly says ended in normal 2001. On a continent, this concept adjustment got made. Mark all prepaid expenses, outstanding expenses, income, etc, while preparing periodic report. That meeting concept chromosome without Dojo, global amro gonna take I accommodate New York concept car. We're mesentery meeting concept jaw upper credit. The kinda Hogan meeting interpreters are periodically earning measurment. Audience. We do dQ JOB NaCL yard or diode will be up there. Jpl, guy expense old, I was gonna tell you imagine monarchs are your joke quartet. Or of course I equals Permanente, too expensive or sorry, hold on. I tell you. I'm low, I'm going over to eight of certain May accrual concept, the cotton ball, the button note I bought the examinee's data head TA I grew up on several characters are gonna be in the moment I engage this EBIT company car icons go public. Eagleman component, k equals k equals two pi you bought. But the accrual concept galloping, topic, gobbling up, put down the whole jag and we do the Knickerbocker. You just said, generally accepted in accounting that the basics of reporting income, equivalent academic concept makes a distinction between the gas and the right to distribute and the payment of gas and the legal obligation to pay. The concept provide a glide line. To the accountant as to how the suit did that FCC and the diet related they are to accurate principle ties to evaluate every ten Jackson in terms of its impact on the honor equity. The essence of the accurate concept is that net income as bumped event that changed the ordinates equality in a Pacific video and that these are not necessarily sadly the same as change in the gas portion of the business. This did help window popup, measurement of income. I got our concept, got MATLAB, your TI DO income, expense. Good legal case me, I've got your land. I'm the cardinality legal case mater a yay or nay, our appointment Gas because the asset we need because actually the accurate concept come out then we'll tie tie navy or certain. Do we smack on pink color concept Diego, specific videoed. And they are only conjunction many attack on data injection may decadent concept globular tie that descriptor, gas or dydt to distribute and a payment of cash that legal obligation to pay ticket to unload Django ugly constitute retaliation comes in. Relation is technically understood. The process of converting resources light into money, hard-code your non gas dissolved says SE, or resource Scorsese up. I've got moneymaker on but curated though, in some money upwards. Suppose mango muj, mid-deck missing RDA, metal computer. Obviously it was computer coma and hugger cell column gum to add metadata. To mutate gasket normally yoga, GP, he's up to a concept. As an accounting principle. It is used to identify the amount of revenue will be recognized and the amount of expense will be matched to such revenue for the purpose of income measurment. According to Revelation concept, revenue. They recognize when cell is made. Cell is considered to be made at the point when the Pope IT in GOP passes in the buyer. The buyer hit becomes legally diverse debate. This implies that revenue is generally lies when goods are delivered or services are rendered. The rotational is that delivery validates a claim against their customers. However, in case of long-run construction, contract revenue is often recognized on the basics of a person yet or part to sell. Complaints on methods. Similarity in case of long-run is tournaments sales contact we've been used to regard as device only in proportion to the actual gas collection. Actually gas galaxy ANOVA or scooper see telegraph concept. In fact, what these cases are the options to the notion that an accent is needed to justify the relation of even jaw menopause, JOB IT UP. Asset a, whisker pellucida, hey, chemotherapeutic up and look out Olga, we do as on it as per monomer gonna convert locale alga, or you go to the lesson concept. But the algebra Upper Hamlet concept, the bottom about BI, I'll be home looked at by the accounting convention development, accounting condemnation. They hear with the no option. They are convinced. Materiality, convinced, convinced, concerned, resume, and convinced one of sixteenths. Though. I'm look Joe Yep. About cutting the key metric directly concept, MATLAB, methylated concept, state that i terms of small significance need not be given us ticked. Connect. It meant weirdly cut it. It may in fact, there are many event in business which may not be well justified by the utility dry palm that information. For example, an ordinary calculator costing is 100 million last 14 years. However, the fourth involved in getting each cost over that 10-year video does not benefit. That can be Dr. Bohm discovered is shown the cost incurred on calculator, maybe detailed as the experts of the beauty, which is about change. Similarly, when its statement of outstanding debt, ACP purpose, spending a top management, maybe rounded to the nearest 1000. Medullary, MATLAB, Guevara material, MATLAB your eye, that state that item was more significant need not to be given to alternating current deep many. Ordinary calculator cosine of $100 after ten years ago that for the moment allocating the cost or benefit Judge material costs up thermodynamic data convince, enjoy the benefit. Glycerol Tattaglia Salvia. With that, I got the concept required that the accountant must follow the policy of playing safe while recording business ten dec soon. And that is why the accountant follow that rule anticipated North Market but provided for all possible losses. What recording the business event, this rule means that an accountant so Descartes lowest possible value, but assets and revenues and the highest possible value for liabilities and expenses, according to this concept, different new order gains should be recognized only when they are realized in the form of gas. On assets, The ultimate gastrulation outputs can be acid with discernible. Certainly part of that pollution monitoring metrics are all known liabilities, expenses, and losses. Losses regarding all contingency should also be provided for valuing a stock. Market price of cost price, whichever is less. Making a focus on for doubtful debts under taught in and dispersion on actual directives and often written down value method of the opposition against straight-line method not providing for discount on catered, but providing for discount on Day dots are some of the example of the application on the conversation converges. Awesome though. And certain Mamluk Dang it. You're convinced on the volume and a bark the I bit copies details. We are gonna tell you. I'm looking at take constitute agency that up the convention of consistency rico Act. That was a farm decided under certain equity policies and methods and had used this for some time, it should continue to follow the same method are supposed to do it for all subsequent similar event and ten decks on unless it has a sound reason to otherwise. In other ones. Accounting impact is short-term demand unchanged from one video to another, but exempting if deposition is charged and the fixed asset, according to Staedtler, metal dispersive mass told should be followed yarn, appetite yet Disney. Straight-line method, the depreciation method, what I have written down by Luca method B loci and efficiently leaking Joe method I'm going to use PI. I got to go w. And this is target dwell expert methods described a Douglas Salvia, same Dielectric Concept, got the apical use, gotten a deposition is selling for state-led. Let's send me up you can known value method Mitchell diagonally, Olga, the Hebrew constitutes agency, will not tell you. The methods should be follow your stock at cost or market price, which everybody lists. These principles to be applied in each substituent here. To tell you, thank you very much for watching this video. I'm looking at agricultural subsidies, VGA, tax on up, got upset, ma'am Lu GIF or do we do that negative digital head tax? They do. Got it. Thank you very much.