Transcript for:
Accountancy Mock Test Summary

So Hello my dear com how are you friends hope you all are great Bindas Jhakaas as always, free and smiling very very very You might look cute from close so this to keep the smile on even now You have come, so what special have you brought today? anyway The name of this session is Mahamarathon. so basically What we have brought in this session is Bhaiya yes that is it bhaiya ji that is it bhaiya ji mock test The paper is of one type in which some Questions will be moderate. some questions It will be tricky and you guys will have to do everything Are. Please pay attention. you just saw it NEET result must have come and we are very happy For years I have been saying what is happening friend No 4, the paper has been there for four, five, six years Eiji comes. So the children think it will take 10 days We will do it in 15-20 days. be all Will go. Everything is fine. This doesn't happen friend. When the papers are tough then the children feel That yes friend, it was necessary to study throughout the year. However when the paper is tough then the cut off is low. She goes. Our intention is not to scare. It is to awaken. so please understand that If questions come from previous year So this is the examiner's fault. This is their There is lack of hard work. Isn't it? in a way so Should say. So please prepare us You have to do something very good. Ok? So are we ready? What do you say? So let's start first With your hashtag commas. Isn't it? so first of all I will mark my attendance brother #g comms # comms We will start our class again. so therefore Please my request is that all of you Attempt all the questions. Look at this now It's going to be on YouTube. So it is obvious Many times MCQs fail. Many The result of the bar poll is not released. many times This poll will not catch your answers. But Did this cause any hindrance in your preparation? Should there be an impact? The answer is no. Isn't it? So you take out your pen and paper where it is Don't read yours. You know you are right I answered it. So very good. Ok? so this What is going to happen in the session, brother? We questions questions questions bringer Are. There are total 50 questions. case in this There are also based study questions and different There are questions from the chapter also. The basic one of them all The point is that you should attempt well Have to do it. I have to attempt all the attempts. Effort To attempt in the time that I give you Do it. If not, then there is no need to worry. Don't do this brother, you have given less time, this I gave it, I gave it to him. if time is short You will solve it yourself using pen and paper. If it is correct then it will be very good. If there is a mistake then will learn. This is not a world for crying and wailing. Crying and whining brings sympathy. King he It is made by the one who goes and wins the war or His pawns or his soldiers go to war He wins and makes a strategy. that this I don't think that if this happens then this will happen If that happens, he will cry, so keep crying Will go. I want to become a king. Ok? We I want to go to a very good college. So Are you ready? R V Ready. Are we ready? So A sweet smile. light a fire sweetheart Give me two and I will start. and many people attended I have applied it. Ok. a lot of people The names have been posted so I am not naming them. Am. But I have seen it all and I see it all There are so many who remain till the end. come on then Start again. This is what I wanted to say. Witness Retro Nitin Tanya Saksham Sagar Ankur Sakshi Jiya Akash Dhruv India Shivangi DI Y Om Real Anshika i.e. Entry One Entry is open to everyone. well one more thing All the people in entry three have their own two Lectures remain. So today's lecture He is there since 4:00. I mean, your class Timing has changed from 4:00 pm. either You may have received the notification or It will be about to happen. So let's take the first question then. Should I come? Let me bring the first question. are you ready Ready ready? tell me yes yes yes yes so The first question is for my Dhansu Comians because we did not ask for war and if If it happens then we will win, Commons will be the first This is the first question, please pay attention to the answer It is important to give the correct answer by giving time The rank will come automatically, you must have seen it a lot There are still chances that everyone does it right so if you do it right then your name will come automatically on dissolution of a firm and b mrs loan will be transferred to a Where will the loan be transferred bhaiya ji very much I am starting with a very simple question. see Hey brother, who can do it? Let's see bro who would do it Is. We have a very simple question. pudding like The question is. Isn't it? Majorly questions to you If I get a small trick somewhere, I will get it And that is what you have to catch. because you are so have you studied well that you guys are good You will do it only. That's just the trick, which is small There are points, be able to catch them. So. Let's go brother. Let's go brother. Come on brother, come on. Drive the car, drive it, drive it. Let's go then The first answer is realization account. This is very simple. Isn't it? Realization It is sent to the account brother. Because which This is Age Loan, this is Mrs. Age Loan. if these If Mrs. Age is a loan then Bhaiya Ji this is for us There is an outside liability. if this partner If there was a loan of Rs. 5000 then it would have been credited to the partner's loan account It would be sent. Will keep these points in mind. I will remind you a little bit I will stay. Hey, what's the matter. the first start is It has been a huge explosion. Let's see what next It happens. Now this type of questions come a lot Are. I've always said that in everything Sequencing has to be remembered. of Current Assets What is a sequence? of non current assets What is a sequence? On the liability side What is the sequence of equity and liability Is? What is the sequence of non-current liabilities Is? What is the sequence of current liabilities? We should know all this. then rearrange the Following Items of Equity and Liabilities You have to rearrange on this basis. this is so It will be a quick question. Even then I I'll give you 45 seconds. what do you remember too will you do it? I had to deal with a kind man Yours. Let's go brother. All these people are running very fast, friend. What is the matter with these people? so fast where did you come from These? Have you already done it? Although all the questions are answered somewhere or the other. Nor is it related to any previous year. Some? In the middle I threw my chung chung pebbles Are. Everything else is like this. Let's go brother. ding ding ding ting ding ding ding ding ding ding ding ting ting ting ding ding ting Come on and the people who know me Please tell me the sequence of non-current liabilities I will give it in the comment. Isn't it? who answered Those people gave me the non-current liability I will tell you the sequence. So look brother First of all we would have received shareholder funds Is. After that bhaiya ji share the application The funding money comes. This is a different head. Isn't it? Then thirdly we come to non-current And then fourthly we come to this. So one two three i.e. b c d a b c d a b Here it is, C D A. So this is our answer Will go. ok sir? Non Current Liability Memory Does anyone have it? What was its sequence? So a will be the answer. well that means i understand If the first 10 people gave the wrong answer, I got it If given then this percentage will change. So I now I will bring such questions that the first 10 people will get wrong Do it. This is a bit of a big question. I I will give you proper time. Ok? a little This is a big question. I will give you proper time Give. ok sir? A, B, C and Partners in of sharing profits and losses in the Ratio of their capital contribution 6 Lakh, 5 lakh, 4 lakh. ok sir? their The ratio is based on capital contribution. Now Books are Closed on 31st March Every Year. The books close on 31 March every year Is. This is very important. Attention keep it in it. A dies on 24th August. 24th August Ko AG died. under the Partnership deed disease partner is Entitled to his share of profits and losses To the date of death based on the average profit Of the preceding three years. Profits Var 50 of 2019, 65 of 2020, 25 of 2021 and ₹180000 of 2022 You have to find out Bhaiya Ji A's share. Please pay attention to these questions Have to take out the part. The total has to be worked out that removal of a single partner or You should know whose name to take out, otherwise People get trapped. Ok? Now let's go to this How much time do I give you for the question should give? Let me guess, take 2 minutes Take. It has started. 2 minutes is too much though There are many but I still gave them to you because my heart is a little bigger Is. very good. Sahil had told the answer. Long term. Ashu has told the answer. Siddharth has told the answer. Ok. very good. And if someone told me, I would see Couldn't find it. Otherwise very good. Let's go first If 10 people saw this, look at this, brother I am 2 I am giving you a minute and they are already answering Are. Those who are answering from now on, please improve a bit. Please improve a little. Improve yourself a little. I have a little C values ​​have also changed. I don't know now Did anyone pay attention to those values ​​or not Gave. Don't know. And see if any of your answers is wrong Don't run away. These are the things you need to learn This is the advantage of doing MCQs live that happens when you learn that friend two Mistakes were made. No problem on the third how to go? How to convince the heart and God Make sure this doesn't happen in the exam. But if there had been If it is there then you have to learn that too. mental How to make aspects strong in the exam Pay. Because all the flashbacks start again there. Now it becomes like friend what will happen now? Now What will happen? What will happen now? and the man is absolutely Goes into passion. I will get everything fixed and come back. Where one question gets tricky. Complete The focus shifts. So when will you get that attention You have to stop and go to the next question. it You will also get the experience of live class It comes. Or you can take mock tests in the proper way Two. So in which the timer is running yes. I don't like this in the one without timer I notice that many times the kids who He reads very well, he gets stuck Are. Therefore, solve the question by setting a timer Those taking mock tests. Come on brother what's in it now do you want to do it bro? Now look here what you Mistakes must have happened, small mistakes what will happen to you people that Bhaiya ji the first thing the first thing The first thing that you must pay attention to is that Here 3 years has been mentioned. game here This is what pebbles are for. what is the game bro? 4 years have given the profits, but for 3 years He has said it, and he has also said about average profit. Ok, sometimes it doesn't even seem like an average word It happens. So, the total of profits for all three years The work has to be done by totalling it. But, here If it is said average then it means average It will come out. But which three years? So Counted from the back. 2022, 2021, 2020 19 is a wrong number my dear comedians. in What is this question 19? This is a wrong number. Now If you calculate it, 65 and 25 equals 80,000 It became positive. And 1880 is negative. oh yes Brother, there was a loss of ₹180. So if I do So how much will it be? This will be Rs 1 lakh. But this is negative. But brother its average I have said profit. Average profit is said Which means it will have to be reduced to 1/3 also. but along with doing it by 1/3 it has said a Want a share of. Then the profit share of a will also have to be removed. Then the profit of a How much is the share? 6 5 and 4 9 and 6 15 so 6 / 15 as per capital contribution A's capital contribution is six So 6 5 and 4 so five and 4 9 and 6 15 so 6 /15 into into bhaiya ji now bhaiya ji but he how long was he alive because this is the overall Brother, we have incurred a loss of 1/3, why? We are going to take out average profit into 6/15 because it is his share but bhaiya for how many days for how many days to conduct oneself according to the life one was alive If it falls on you then we have 24th August here. Now if the year ends on 31st March then When will it start? From April. So April's Brother yes of 30th May 31st of April 30th of May 31st then thereafter of June 30th July 31st and then June July August. The total for August is 24, if we do this then it will happen will go 6 3 6 3 9 3 12 2 14 146 so that means days If you take it out, it will be 146 but if you look at it, it will be 2000. The 22 we have is not a leap year if it is there then it will come to you here 365 so this If you cut it, this will become two, this will become five It will be ok, let's start it now If we subtract three from this then how much will it be Bhaiya ji if you cross it with three then this It will become 2 and 2 for 4 lakhs We 1880 6/15 1 40 / 3 75 then 2 / 5 so this is it It will go to 75 oh this will go into points What? 1 minute yes I will cut it from 25 then it will be Something is going wrong since One 25 If I deduct it then it will be Rs 1 150 16000 up 5 there will be three This is 3-5-1 minute thing, friend, something is totally wrong It's happening okay. Something is going wrong in the totalling, right? hey friend this is 65 and 25 80 ooo this is going wrong then this will happen bhaiya G 90 minus this out of 90 If you do this then it will become 90000 now 90 * 4 Then it becomes simple, just subtract 15 from it If you give it then we will have 6000 6000 If we divide this by 5 more then 1200 1200 Double 2400 multiplied by 4800 so 4000 times 800 will be this Our answer is negative. That means D is the Answer. and now i feel very in chat All the people had gone to B. So here they made a mistake It must have happened. Now whatever mistake you have made please Whatever mistakes people have made have to be written down. Don’t run away from your mistake. ok sir. For him I have to write. Don’t run away from your mistake. Yes. So many people went to B, now the names of these people It is necessary to take it. So let's see Abhinav SK The Real Anshika Aarti Komesh Anamika Subrata Ranjani Ashu Ishika Vishal Avishka Prakhar Simple Boy Big Man Student Vansh Nandini shiva and meka robo ok ok please Pay attention to how the dose will be calculated whatever happens, happens the way it happens for a person who is 30 That is 31 times that 31 makes a total of 146 What has to be kept in mind is that bhaiya ji is a small He has put pebbles in the average profit of During the preceding three years many a times they were one after another Ganga pours it. No average profit I would write. Just writes profit. so such I you won't do this 1/3. If the average If I don’t say it then I won’t do it. this full amount But then its ratio and whatever is the total of the month Once the calculation is done they will do it. Let us hope You guys must have learnt from your mistakes. Next Question ABCR Partners Sharing Profit and Loss in the Ratio of 432B Retirees become retirees and the goodwill of The firm is valued at ₹18,000. B is retiring and the value of goodwill is ₹ 18,000 Is. A & C decided to share future Profits 53. This future profit in 53 We are deciding. Now you have to do it bhaiya ji Is. It is obvious he is retiring or No. There is a question of retirement. You in this But the ratio may have to be found out. so I Let me give you 1 minute. let's give it 1 1/2 minutes I have been. The ratio also has to be found out. Everything Have to do it. Try it. It should be fun. fun Brother, you should come after asking the question. Sojal ji just now # six ok, I was so angry at that person, right yes Radhe-Radhe by name Radhe-Radhe and by work angry angry what is happening Is Let the Raghuvar tradition always continue even if life may be lost no promise Come on brother, show me it. It will come in fun you guys To. One fun part of asking these questions is Is. And it is not that all the questions are big Will meet. Keep this in mind also. some small questions Yes, some questions will be lengthy. to you all Have to do it and get sufficient time. Bus manage some time Is. It is not a question of 1 minute. I gave I have given it to you. Let's see who is making a mistake this time Is. Ok so you understood the basics It would be that bhaiya ji if you want future profit It has been given, that means the new ratio has been given. Bhaiya ji you have the old ratio. So It's a simple point Bhaiya Ji. You are gaining ratio will have to be calculated because retirement If it is happening then he will get it. So gaining I have to find out the ratio. so a and c then gr Have to take it out. ok sir? so what is the formula It happens? New Ratio Minus Old Ratio. So 5/8 - 4/9 72 45 and 40 then 5/72 of C We will find 3/8 - 2 / 9 so 27 and 24 so 3 / 72 ok g 45 and 40 and 27 and 16 1 minute This is too much 27 and 16 or 11 So the ratio is 11/72, brother. 5:11 Now 108000 is complete. If the value of the firm is It will have to be So 108 3/9 of will do. If you cut it in threes then this will happen 36000 then 36000 will have to be done with 5/11 i.e. 16. Subtract this from 16 so it becomes 16 * 2 i.e. 32 4 then again 16 * 2ni 32 2000 2250 * 5 Some wrong calculation is happening Am I doing the calculations wrong today? what a lot saari hai we are 13 na yaar there is lot of calculation It's going wrong oh friend, then it's just simple It's done, you have asked this question My calculation is a bit wrong sorry if it is 131 then it will be 131 then it is simple That is, you have to divide 36000 by 13 and 11, which means 24. divide into if yes then it is 1500 this will become 1500 so 1500 * 13 65 and a carry then 1950 well there's a zero extra right yes There's one extra zero, okay, two extra zeros. if you go then d is the the answer is ok d is the answer come on bhaiya toh D is the Answer. 45% where are these people wrong Went? Now why did he go to equal? Now look at what People have also gone to the level where you are equal Why did you go? You got it completely right. But Now you see, the old ratio is given here Is. The new ratio is given. so obviously The question is why are we going at equal level. Now Look at those people who have made a mistake. Hold your ears, this is wrong. whenever Make a mistake and grab a small ear. Identify the option for which cash and cash Equivalent Compromises on AS. Please I have told you about accounting Standard three is cash flow It is about the statement. please remember as three That is, cash flow statement. Although you question You must have understood by seeing it. This is an easy question. We will do it quickly. This is an easy question. do it quickly I will take it. Sir, drink cold coffee. Send it friend. send Two. I couldn't have breakfast today. So I'll manage with coffee. just now from the water I am managing the work. Ok, this is a very easy question Went. Well, this is a very easy question. All we will do it Answer. Come on, this is a very simple question Went. Demand Deposit. Demand deposit is the Answer. Let's go next Question. C. Well, some people are still making mistakes in this Are. Please see where you are going wrong Are. Avatar Limited Invited Application 80,000 This may take some time. Please do it carefully with understanding. some time It will take calculation please pen copy now Take it out brother. Don't anyone tell me that I don't have a pen and paper, brother. stop this and that Because now my car has run away. ₹80,000 shares of 10 each payable five on Application three on allotment two on call. Ok? Five and three become eight and two become 10. Public Head Applied for Public Head Applied. I have applied it for you. out of Which application is for 30,000 shares? Rejected. Well, 3,000 shares were rejected too. He did it. Ok. remaining unallocated On pro rata basis. The rest he Alloted on prodata basis. Axis Application money was adjusted towards Allotment only. good access money which is It will be adjusted only on allotment. His Apart from that, it is not happening. Determine the Amount To be refunded at the time of allotment of share. He is asking how much amount Will it be refunded brother? At what time? At the time of allotment. very cute, very This is a detailed question. Try it, you will enjoy it. I am giving you 2 minutes. Ok? Take out your pen and paper and sit down. gave me 2 minutes I have you. Isn't it? gave me 2 minutes Are. Is good. This is a very detailed question. you should have fun By doing. It will take time to think What does he want to say about the allotment? Look, questions can arise from this deep inside too. That's why we need some clarity. friend I am spending so much time in this and You are doing it without him. From Somewhere are you sitting and reading People? I just gave you 2 minutes to think about it I have given it to you and you people are writing it quickly yes friend. Don't do this. don't do it brother. We You can request. you will be trapped later on People, this is not such an easy question. I have asked the question While teaching also he said that it is a very nice question Is. very detailed question Is. Sir, will the exams be postponed? See First thing is that they have made such a date sheet If the date is long then the exam will be conducted within that date You can do it but right now NEET exams are due it's over so anyway I told you earlier also told that whatever that intimation letter comes or whatever comes will come to some Some will not come, some will come later If it comes then it will take time according to me So even if the intimation letter comes in 10 days, then it will be We should get a gap of 10 days, now they will give it that do not know No, but I don’t think so right now The chances seem less that the last date Yes, the chances of it going beyond this are less But what he said about 7th or 8th Well that doesn't seem possible to me remained. The rest of the brothers There are exams of government agency. NTA He can do whatever he wants. Let's look at the question in detail. This How to do it quickly? Bhaiya ji 2500 shares We had it. Isn't it? Meaning, they had applied. I refunded Rs 30,000 out of this amount. So minus that 30. Isn't it? That 30 Just minus it. So how many are left? 2,20,000. This is actually the question That is, when you go to the allotment stage yes i.e. when you make prorata then You adjust some money from the allotment. But sometimes we get this much money. This much I get the money brother. that the allotment It's a stage, even if you cover it up Money is saved. which we call pay adjustment We do. This question is about that amount. It is there which you can adjust on call. But You will not adjust the call pay now because It has said allotment only. so that means Brother, when you get a lot of money, More money than the allotment So normally if the question says that If you adjust it on call then we will do it through call Let's adjust it as well. but in this question He tried to adjust that amount with the call. I did not ask for it. He said allotment only. i.e If the money which is left after allotment is He is asking for it. Do you see how deep inside The question is. The refund you will get from the second entry I am not asking for that. He who is asking for You will get refund after allotment. So his You will have to do the calculation for it. So brother We had 2.5 lakh shares which applied We returned Rs 30,000 and got Rs 2,200 You must have received the full amount. Isn't it? Now this You can subtract ₹2,20,000 ₹8,000 or else do it like this ₹20 * ok Yes? How much money do you have in ₹20,000 Will you go? ₹20,000 * 5 more applications So this is how much do we have? 11 lakhs. ok sir? I received ₹11 lakh. Correct Is? I received ₹11 lakh. or ₹0000 I returned it on the shares. So ₹2500 ₹2500 plus ₹5 per application He might have given us money. So brother ₹ 1 lakh He gave them to us. Now ₹80,000 * 5 You can adjust it during application stage. Given. So how much is this? ah five then 4 It became a lakh. Ok? Then - ₹0000 into allotment stage of ₹3 to 24 If you return this also Rs. 40,000 then Bhaiya how much do I save from the jokes I gave you 2 minutes just to think about it If you are asking this question for the first time then So you understand this 460 is a simple point so 460000 is yours It is extra, now I would have seen the answer first then I will explain a little more if If someone needed it, how many people answered the question Answered 51% have given the correct answer very good friend okay okay still I will tell you Let me explain it to those who don’t understand Right now Bhaiya Ji you have total 2.5 lakh shares. Out of the 30 that were applied, you returned them. If you give it, it will definitely go to the bank. it So there will definitely be a refund in the bank. Ok? But he didn't ask you for this. He Which money was asked for at the time of allotment Will there be a refund? If I ask for a total refund then How much is 460 * 30000 * 5? 1.5 lakhs. It would be 1.5 lakh + 4600. But he told us this I did not ask for it. He did it at the allotment stage sought. So first of all the total money that you After receiving the refund, the place where you If you make it prorata then you have made it prorata Must have made it. Now from this prorata bhaiya This will be deducted on your application itself. Because this is money at the application stage It is a must. ₹80,000 which you invested You will adjust his ₹5. then allotment You can adjust ₹3 from those earning ₹80,000 on stage will you do it. So, this is what you have access to. it yours actually if the question says pro rata on Against allotment and call and call Bolta So this money would be adjusted with your call but If you don't say end call then this is access which Your Refund will be. If he asks you a total in this question Ask for a refund in this question if Question Ask about total refund, good question friend It is hoped that you will read this after the lecture also. Will look at the question. If you want a total refund if he asks for it then ₹00 @ ₹5 per 300 shares ₹150000 and this one plus this one access Refunds 4600 then you would have ₹ 10000 in total I understood the refund 60 Very Good Parvati very good komesh very good aditya swajal good question ok aesthetic ishika new Nuclear Gaming. Ok? Ok. Understand No? So the question is how do you You will have to understand. This was a good question. Let's go to the rest It's your wish. How do you feel? next This is the question, this is the next question, this is the next question. On Dissolution of a Firm Partners Capital Account balance was ₹63,000. 63,000 balance Is. There is dissolution of firm capital. Creditor is Rs. 12,000, Profit and Loss The account is debit balance bhaiya profit end ₹6,000 of loss account. he is asking you for Are. He is telling you that profit on Realization is ₹7,800. memorandum of Do this after carefully understanding the balance sheet. 1 I think 1/2 minute will be enough. 1 It shouldn't even take 1/2 minute. But let me I will give it to you. Ok? Let's all go Best. Those who change their figure should pay some attention Keep. Sir, I calculated the total by mistake. Ok No problem. No problem. to make mistakes just take care. Write it down in a pen and paper. Is No? Just have to take care of the mistakes. This one seems like it will get trapped, the kids will get trapped. Brother Please note that I have changed some figures and Sometimes, I even lie. Because at this moment I am the same, the same, dangerous I am the examiner who is here to deduct your marks He is sitting with it. So right now I'm your Nikku I am not brother. I am Tfue Singh. I just Not wearing glasses. then I will give you your marks I want to get it cut. So please give your You have to keep your brain with you. for today right now I am not your friend right now. [music] Come on brother, it is an obvious thing in this We understand that the Memorandum and We have to prepare the balance sheet. So if you If you look at it, it would be your liability side Is. So first of all on the liability side The Capitol is coming 63000 ok sir. This becomes your capital. Then the creditors are coming to you It is for Rs 12,000. Ok? besides the gift There is nothing debit balance debit of PNL The balance comes on your asset side So how much is it bhaiya ji How much is the debit balance of PNL bhaiya How much did you get, how much did you get, if it was 6000 then brother We have studied the liability side since childhood is always equal to asset side bhaiya ji But if I am not able to get into this then I will tell myself If you have to find a balancing figure then it should be this Bhaiya ji is gone 75000 so this also becomes 75000 now brother 75 If you subtract ₹6,000 from ₹5,000 then the asset The side is being saved. now because here either Sundry assets remain if there is any difference If it is being maintained then. And if Sundry If assets are given then debit balance of PNL. And here is the Debit Balance of PNL given is the difference i.e. sundry assets Is. If you minus this then it will become Brother we have it 69,000. Now brother, look at the rest of the things Regarding this, were there any changes in the values? No. There was no change in their values So the liabilities always remain at the same amount Are. If the debit balance also does not change then that So it will be for the same amount. That means brother This Rs. 69,000 has some value in it There might have been some changes. Benefit on the same basis Or they might be taking out the losses. Now you are saying this Yes bhaiya ji I have made profit. Profit has been made, which means assets have increased It would have been sold at value. So just in this 7800 Add Two. So this will be your 76800. Take it brother Take. Accountancy is like pudding. here my dear Comus is the star. It's charisma. It's charisma. So Look brother, it's done. be is the Answer. 85%. Let's go back to those who made mistakes See where I went wrong, do you even remember the concept? If you don't remember then let's do it again brother Next question A company issued 25500 9% debentures off 100 each to public bhaiya ji ok on 1 April 2021 3500 8% Debentures of 100 each Vendor on 1st July 2021 and on the same date 1 minutes ago company is issuing 2500 9% Debentures of Rs. 100 each to public its date given is 1st April then here is the second point 3500 8% Debentures of 100 each to vendor. Issuing it to the vendor on 1st July And on 1st July itself 500 7% debentures of 100 EACH AGE COLLATERAL SECURITY. ok sir? I have calculated everything, brother. Now she is with you They are asking for interest. So bhaiya ji issue of All three concepts of debentures are almost here But we have come. Interest on debentures from you I am asking for it brother. very cute question Is. It will give you confusion so give it 2 minutes I have been. And 2 minutes will clear your confusion to read the question and answer it Is. This is not for quick answers. Do it, you will enjoy it. It has been issued in three ways. by thinking Although many of the questions above will be easy too. Please take care, right? don't think that Hey friend Bhaiya ji raised all the questions like this have brought. Some questions will also be easy. Ok? Just when will they arrive? you waiting for this We will have to do it because we have to play mental games Have to win Today. It is not a question of 2 minutes. I just I am giving it to you so that if you feel that Hey brother what kind of question is this? what is happening If it is in A then take some time and read it again Think and then do it again. Come on brother we look at come on come on bhaiya let's see it for the first time When they are issuing debentures, the public if you are issuing it to the public If you issue debentures, will they give you interest? Will you take or give? So obviously the interest is Will you give? So that means brother when you tell the public If you are issuing then you will have to pay interest. But the date became important. the date is First April means for the whole year. So ₹500 * 100 ok sir. So ₹500 @ off 100 Each one is 9 / 100 into whole percentage For the year. So here for the whole year No need to pay. this is the whole year Only Rs. will come. So here is the calculation will go. So, one zero will be subtracted from one zero. If we multiply this then it gets 18 22500. Ok? Then the second one is 3500. this to the vendor Is. This is for the public. So to the public if you If you are issuing interest then they will get interest again You will pay too. Then if you call the vendor Bhaiya Ji If you are issuing debentures then issue debentures had been. That is, you took any asset from him It must be there only then you are issuing it. Ok Brother, if you issue the issue, will it get interest? I will not give it to you brother, we bought machinery for ₹50 I gave you a debenture of Rs. 5000 and the matter is over. Why should we issue it, why is it of interest to him I will pay bhaiya I will pay because when you ask him You are giving a debenture and you are taking goods from it If yes, then this is his income, only then his There is benefit otherwise why would he buy debenture from you Then you understand what I am saying, that's why Bhaiya Ji that's why Bhaiya Ji here you can tell him If you pay interest then bhaiya ji it is * 100 * 9/12 right Percentage is whatever is with your name It is believed now brother what is its date? But the date is 1st July. so from july onwards If you count March, there are 9 months. So, here brother it is 9 months old too There will be calculation. So 9/12 is two zeros plus two. The zeros were crossed out. Three and this becomes four. Now calculate this have to do it. hmm this will be it There is a little problem in the calculation. Four to this Let's cut it. so 4 8 then this becomes 30 so 7 5 so 8 75 now multiply 27 by 27. how much is coming Is? Is anybody getting anything? 8% 9% Debentures Isn't it? oh it has 8% remained. It contains 9%. It contains 8%. then be solved Will go. So they will cut this off, this will become two no need to cut it Will need it. If we divide three by four then we get 7000. 7000 * 3 Is 21000 coming? Yes, it is coming. So this will be 43500. Ok? So this will be our answer. Okay brother, why are you not taking collateral? Because collateral means I am mortgaging I have been to him. So long as I'm in the loan until he defaults, that debenture not on his name meaning on his that not to the rights or whatever those things are I will meet you. The day I default You will have to calculate the interest again from the next day It will be. This is a question from CBSE Over the collateral. This is not complete about collateral Above. So you are not interested in collateral You give it to me because you have pledged it Is. You are paying interest on the loan. Ok? The day you don't pay, that day again Its calculation will start. So this small I will remember the points. although now some of you Many people have got its answer correct. Let us go More people got the answer right than I expected I have taken it out. very good. I thought that very All the people are also on the vendors, maybe the calculation is wrong do. But I think if there is an option in this If you had given me 22,500 then it would have been more tricky Gets made. Please remember this, right? Because If there is no 22,500 in this option then maybe Many people understood. if this was an option Then it would be tricky. so please take care of such questions. now which of the following is and r facts about dissolution of Partnership firm? Which of these things What is Dissolution of Partnership Firm and facts related to Is. Okay, this is simple. in 45 seconds Will be done. Isn't it? to read from this and I have to answer. This is simple, simple, Simple. anyway accountancy is a cakewalk Because comments are important here. I know a few of these many times Looks like there is a problem with options too. If Give me some options that can trap me like this Then the man might get trapped. There are many options in this They are coming and going very easily. So you guys too Are you able to do it? So please pay a little attention If the option comes tricky then keep the answers and If the question seems tricky at times then look at the options Definitely look at it. ok sir? so many times It happens in options, not what is not coming Keep cutting that. Keep cutting. so right You reach the options. Meaning You reach the right answer. Come on, so Its correct answer is A. It is very simple If you remember these facts then yes Bhaiya the business closes after resolution When assets are sold off liabilities become Paid off firms are dissolved by court The order can be placed and if bhaiya ji is firm If it is being closed then the books of account will be closed there are only economic relationships between the Partners Continue Through These Changes Firmly It is wrong because bhaiya ji when the partnership If dissolution of partnership firm takes place then together with the dissolution of partnership It happens. this is also within the diff It is covered. Ok? So A is the answer. A is the answer. Ao Bhai Sahib, 98% in this Took away the children. Well the wrong givers are gone Is it there? Identify the subhead under which Diventure destruction is seen in. This is very much This is a very simple question. Isn't it? look that's why I'm telling you that some if the tricky If you get a question, don't stop because the question Numbering is not according to your strength will come. Sometimes up, sometimes down, sometimes right, sometimes It will come to the left. So, what do you need to keep in mind? You have to keep in mind that brother if one or two If the questions are tough, then move ahead. Now look, This is such a simple question. As soon as you do this What will happen to you? flowers in my heart will bloom. Is it or not? You will get happiness. So So please remember this when you get a tricky question Leaving that aside, first question those who are becoming Solving this so that you have confidence There should be no shortage of it. Motivation not down yes. So, this is very simple. Reserve and surplus will come from this Inside. Although this was done in class as well Question Is. This is very simple. Ok. 97% Brother Debenture Redemption Reserve One There is reserve. Anyway, understand it, friend. Little Even those who make jokes should take note Are. Securities PM Reserve Can Be Used for this, it is good. This is a good question. Let's see how many people get trapped in this. Because there are some options involved in this ones have been inserted. I would give you 45 seconds Am. Please remember a little. I've given you every It has been told repeatedly that security is PM reserve This gives rise to a question. Ever since 4000 years It's coming. Yes, otherwise. yes no So Let's see who kills Bhaiya Ji today Bet okay so the question can be asked in a roundabout way Yes brother, issue fully paid bonus shares absolutely It is written correctly, fully paid, yes absolutely sahi hai to write off premier expenses Its absolutely correct to pay premium on redemption of preference shares and debentures all three are absolutely correct to distribute No dividend to shareholders brother this is it Keep in mind that it also comes in reverse direction whether we can use securities premium Can be used here. The answer is no. So brother, this is our wrong. then write off Company Losses. You can write off company losses We don't do this. Capital Losses Multiple Times You write off but the company bears the losses You don’t write it off. Isn't it? So this thing Take care. This is also your wrong. then a b where is C brother? A B A B Here we go. Yes. There is a lot of confusing in this Point. But let's see how many people got it right have done it. It was a bit like options They were tricky. No friend, many people corrected it. What It's okay brother, what's the matter? Let those who make mistakes We are doing it, please keep watching. calls in Advance show under, it has become very simple. This has become simple. This is as simple as that Went. So the paper will always come like this. of the value Let's make 202 questions out of 50 questions like this Those who will come will do everything. if you read even a little will be. if you haven't read it at all It is a different matter. Otherwise, if you have read even a little then you can do this Will you take it? Isn't it? Come on here now it's inside you You will gain confidence brother, this is our street This is it. Let us see what is the correct answer to this? It is a current liability, right? Ok? next question. Identify the tool. These It is a bit confusing. well if you understand If you go, you will understand. Isn't it? Identify the rule of financial statement analysis that represents the relationship between two Accounting Figures. Simple Ting Ting Ting Ting T T Ting ting ting tt Those who are a little hasty will make a mistake here There are those. those who are in a hurry He will make mistakes. Just those who are in a hurry. Well, there is a very famous dialogue for this. Two relationships between humans the relationship between two human beings It is called love. If it is that way. And the difference between two such accounting figures Relationship accounting It is called ratio. That is, ratio analysis. Now Where do kids get stuck here? All this to them It is taught in the tools itself. He is meditating here I am not giving it. relationship between two Accounting numbers. The ratio is there in it only. Explaining the relationship between two numbers. The rest of the people who are comparative, want to change Tells. his percentage in change Tells. It is based on a figure He tells him everyone's figures. so here it is There is a difference. So those who went in a hurry He might have gone to A or B. The rest of the people You must have come to sea. yes look like a Went. These are hasty people. that bro The first answer is visible as a direct answer. all One has to read the options many times. Ok? 70% is still okay though. Even then Pay attention to those who are doing wrong. We this is a good point. Current Ratio Firm 3:1 Identify the Payment of Current Liability. If you are a current liability What happens if you make the payment? So what will be? I have also told you the tricks for this Are. But if you remember, you can you will find it. Otherwise, think a little before doing it. Correct Is? It's only 30 seconds, so let's give it 45 seconds I will give it to you. Think about it and then do it. work by the way 30 It is just a matter of seconds. but think a bit Take. What if you are making a payment? will be? You have been given 45 seconds to think, right? let me write it again if you rule You might have forgotten. If we assume that the numerator Grow up. ok sir. If numerator is hired then You have to take care if you are getting minus Up and down then the ratio improves. It is a very simple thing. So brother, if you If you are going to pay the liability then the cash is yours It will pass by and the liability will also go away. i.e Both are going to be minus. So the ratio There will always be improvement. ok sir? Attention Always keep it. If the ratio is 1/3 or 1/2 that is, it is The numerator is low. If the numerator is less That means the answer is coming in points. understand that Take. So if such a case, then whoever is above and If both the amounts below are same minus then The ratio will decrease. ok sir? Now you can do the opposite of this You will understand that if the numerator is high and both Same amount plus both top and bottom If it happens then the ratio will decrease. and such cases in case if the numerator is less than the denominator Is too much. In such a case, if the top and bottom If there is plus in both the places then the ratio It will be improved. You can remember this. Write down your notes in a notebook so that Do not waste much of your time on questions Yes, do it quickly. ok just do it then Let's finish the conversation and see how many people wrote it is hey ok 82% please if you want you can write this you can and vice versa You will do it yourself brother, let's move ahead move on move on Dissolution of partnership firm this is big This is a simple question, it can be answered in 30 seconds There is no much trickery in this ok so how many have you solved now 15 You are done, after 25th you will see the topper list okay bhaiya leave it leave it leave it leave it leave it come on come on come on come on and take care if its because of YT or Your answer is not recorded for any reason It doesn't matter what happened, you did the right thing, very good If you did something wrong, there is no problem in learning it Yes, I did wrong, there is no need to cry to learn If you want to create a ruckus then there is a problem brother Come on, let us know brother, the cause is in arrears 10% call in advance 12% and on loan It is 6%. I have already learned this Is. so 213 is the right Answer. Well, this is all simple. still Remember the rates. 88% now who is with this A gone? 1 2 3 calls in arrears 1 2 3 where is he coming? Please look at those who make mistakes Hui Are. Now, in the Absence of Partnership Deed, what will happen? in the absence of What will be the partnership deed? There are four pointers. There are five pointers. You know in the absence of partnership What is a deed? It's a simple question. Any No mess, no mopping. somebody to me I did not stop. Let's go simple Bhaiya ji, partners allowed No interest on capital, Bhaiya ji, no Capital Partners Allowed Interest on Loan But how many percent? 6%. Yes, this is absolutely correct. Yes brother, there is 6% on the loan, keep that in mind when partner give loan then partners are allowed Salary if they are working partner no Partners Share Profit and Capital Ratio No profit share equal ratio these two okay so b and e b and e means this gonna be right c is the The answer is 95%, which means that most people know this okay now let's answer some questions please read the question carefully please read carefully and do a b a partner Sharing profits and losses in the ratio of 3:2 C is admitted with a premium of 1/4 Share of profit of which he acquires 166 from a 1th from be the goodwill of the The Firm Is Valued 20160 half of the goodwill amount is Withdrawn by Partners A & B Tell you the withdrawal amount Is. I will give you 1 1/2 minutes. Little Calculations will have to be done. a little bit of something have to do it. It will take less than 1 1/2 minutes. The diya is more so that when you do it right Focus. The figures have changed a little bit Please be careful. I have changed the figures a bit. Please be careful. come on brother come on brother come on brother come on brother come on come on come on come on come on come on come on Calculate it. Calculate Do it friend, Saba is ready to give the correct answer. Very Good. Let's see whether this is the correct answer or not There have been some changes due to my figure changing. Let us go Brother ji. So brother, first of all J I have to look at myself. Jay see that goodwill of the firm is Rs 20,160. A and B Partners Are. Sharing Profits C is Admitted Brother. So first of all brother, out of 20,160, C's You will have to remove the part. Because A is J which is it brother, this is valued i.e. of the firm There is goodwill. So C can only save his share If he gives it to you then take 1/4 of it. So This amount has come to 540. Now take it brother Who will take it? will take a and b. now from here It is written. That means it is given directly. So no calculation. is given directly Bhaiya no calculation. But brother this is a six and this is 112. So now this is equal to have to do it. Yes. so 2 / 2 so this 2 / It will become 12 and this is already 1/12. So That is, our sacrificing ratio is That's 2:1. So divide it 2:1. If you subtract this from three, it will become 1 20. it will be 20. So 6 8 0 * 2 will do. Now Look what we can do instead of going into Can you? Bhaiya he withdrew half and they asked for withdrawal amount only Is. Goodwill amount of A and B was not asked for. Withdrawal amount of A and B has been asked for. So If you withdraw half then you will get half. ok sir? So if you turn it into a If we multiply 3360 by one then it will be 1680 But it is full brother. Withdrew half of it And asking for withdrawal amount. 60% If I had withdrawn, I would have earned 60% of it Would take it out. If half is saying then brother divide by Do it two. So 1680 and 840 this will be our answer. Now Whoever gave this answer in haste He must have been trapped and is now regretting his mistake will it happen or else remember what is the use of regretting Benefit? The birds have eaten up the field. So brother Take care for the future. isn't it the next crop Don’t get spoilt. So it is 72%. look here 24% Have gone. Who are these 24% who are Forgot to recognize the thing. These little But the main thing is that things come in the big picture. Ok Yes. So don't panic. pay attention to mistakes Keep. That is why it is important that you people Give mock tests from where you will get some You should also feel the pressure. A very homely environment Do not take mock tests in. otherwise it has many times What happens is that we see things that way I can't see it. which of the following are Facts related to cash flow from Operating Activity and Investing Activity? Which of these are facts? which comes from operating and investing activities Are you related? ok sir? It will be a bit tricky. I will give you 2 minutes I will give it. Read it, think about it, understand it. Correct Is? This may seem tricky to you. Please Pay attention to this But. This is a good question Too. I have given you 2 minutes. please do it well Read it. Is No? my mind is we we we Pay a little attention. Ok? Let's do a little trick to this. if you understand catch it if you can Will you take it? Let's see what I have found in this Why was I giving you extra time? did you give it? Receipts from interest and Dividend will lead to cash inflow from Operating Activity. So this is wrong. Why? because when you take the receipt This is due to interest and dividend Are part of investing activity. ok sir. So this line which is written This is written wrong. So include this You won’t do it. Now many times you will say no Bhaiya but if you look then you can ask a question has been both operating and investing We have to show the activity. so here comes So it is in investing but the question is The points are written wrongly. That is why I will not write it here. if this brother No one told me brother. But if the finance If it was a company then it would have been included in operations. Unless the finance company specifically It has been said. You are always a non finance company I will assume and answer it. Until Not specifically stated. so that's why bro Yes, this went wrong. receipts from Royalty fees are also inflow from Operating Activity. That is absolutely fine Is. Payment of Employee Benefit Expenses Cash Outflow Under Operating Activities. it That is also absolutely fine. payment of purchase of Are you doing the purchase of plant? Out flow from investing activity. This is also absolutely fine. payment of taxes Are considered as cash outflows under Financing Activity. no it is operating In the fifth fourth step in the activity itself There is a minus. ok sir? so we have b c d answer Will be. Here are B C D. So B is the answer. be is the Answer. Let go. hey bro its too much People corrected it. I thought that someone This is also true that it is not an option. If a If you had given four B C D then you would have been confused Would have been. That's ok. It's a good thing. Then Identify the Expense That is Considered Finance cost. Which of these expenses What do we call finance cost? This is very It has become simple. There isn't that much time for this It should be applied. Talking about finance cost That is it. What is the finance cost brother? Out of it. Which of these is finance cost? Is? AC turned down Is. This is very simple. a light question Is. So let's look at our finance cost Interest arises. Ok? So the interest is D okay a lot of people have done it a lot of people have done it With this, you can pay your interest on the finance cost we take into account interest expenses which Come Now 10% Debenture Issued 105 Repayable At 110 the face value of debenture is 100 Calculate amount of loss on redemption of on account of debenture redemption and debenture You have to tell him that there will be a loss. Tricky Bus If a small mistake happens So let's see how many of you can do this We find it. Let us go Bhaiya now if you notice then your 1 The hour is about to strike and I have said around 21 That means 20 slides as your opening slide If that is removed then we would have 20 questions if you have done it then do it with me in 1 hour While studying and explaining, I asked 20 questions If you have done it then of course you will be able to appear in the main exam You can do it comfortably, there is nothing to worry about because let's accept that no matter how much time we have It seems you will save twice or 2.5 times the time He goes during exam time. ok sir. Now Look brother, you don't have to do anything here. Who It is repayable isn't it? You are doing it for Rs. 10. So, you are doing redemption for ₹10 extra. yes. That is your loss. Many times, children Let's set this off. Bhaiya not set off He is asking for it from you. ok sir? that set off He is not asking for it. Isn't it? He asks you for this Used to be. He is not asking for that How much will go in the Statement of PNL? They He is asking you how much loss you will incur at the time of redemption will be? So it will be ₹10 brother. Ok? so a is The Answer. This is where kids get confused. Apart from that, there is no problem in it. Look now Like this is what it is, this 18%, this 18% These people are always on the net. Brother, look at the question asking for redemption and is asking for debentures. Ok? she to you Not asking for net. Isn't it? or statement I don't ask how much will go into OFPL It is with you. So at the time of complete redemption you will get The loss that is occurring is ₹10. Premium on redemption of debentures and the same is yours in it It counts as a loss. Let's take care Please. Now with the help of following in of a Company Calculate Cash Flow from Financing Activity. of financing activity Cash flow has to be calculated. You have long Opening and closing of the term is given. between I have been repaid. So tell me brother what happened will be? Take 45 seconds. yes it is halwa. This way It will be done in a jiffy. but still look Take You. You take a look at it. Now there is little issue with this question According to me it is inside this question There is a little issue. I think that this is There is a slightly wrong solution. Now look at this, according to me this The question is solved anywhere No, this is a little bit wrong solved. Isn't it? This is my belief. Ok? This is my belief Is. because if I create a loan account Am. Isn't it? Understand that I am giving you a loan account I am making it and giving it to you. Ok? So now this means to me that I I am telling you that brother, if I take a loan If I create an account then it should be on the credit side Went. This is the debit side Went. Buy Balance Broad Forward how much is Will you go to your place? ₹ Lakh. Ok? And this is our closing balance will be. to balance carry Forward ₹50000 is not good then it is solved. O! No no, it is solved correctly. This is the correct solution. No one is wrong. Then I thought that this That's it. Then it is the correct solution. to balance The credit is for. Now when you reap the loan If you do, then what entry will you make? Loan Account debit to bank. Loan account debit To the bank. then it will come here Bank. How much did you spend on the leap? So ₹1 lakh what did you reap ok sir? So here it is It will come bye if you have raised the loan It will be by bank. this is your balancing There is a figure. ok sir? If you want it to You can do it in Phule also. but normally what That is why very few people open loan accounts That's why I have shown you how to make it. So This will be ₹1,50,000. ok sir? So we have the total 3,50,000. This will help you in the exam Not there. You can do it quickly also. I just I am doing this to show you. Isn't it? So That means brother this is your inflow. This is yours There is inflow because you issued more loans It will cost ₹1.5 lakh. ok sir? So You would have received ₹1,50,000 and you would have deposited ₹1 lakh minused means this is the outflow to you Because you must have paid for it. So Net will ask us. Isn't it? it is asking us is calculated cash flow from financing Activity. then 1 lakh Positive - 1 Lakh So there was an inflow of Rs 50,000 which was negative. 500 Rs. Inflows come Went. simple to inflow of 50000 Oh, this feels a bit wrong to me. Me I thought it was Rs 3 lakh. Let's go D is the answer. Oh brother. oh brother brother what is this It happened that a dialogue goes on, isn't it good? If I were blind at least I wouldn't be Although you have to see that the dialogue in it is that Well I'm blind, but I'm still blind I am not there so I cannot say and may God bless Jai Siya Ram may never happen or else sometimes Saraswati is sitting, oh my God brother God, don't believe what came out of your mouth This can be answered after the 25th question i.e. 26th When the slide comes we will show our leader board 16 students answered correctly Kapil Jindal Hey Jindal ji, I remembered you Vipin Rajneesh Khushi SK Nuclear Arpita Vijay Ishika Dhruv Majid Harsh Hidden Shreyas Rohan Now let's see where you went wrong No, it was a very basic question and how many Kids are doing wrong, so look at this Understand that such questions are not in the air What would you have done to remove these questions? If they would have been directly minused then brother It is increasing to 50000 and paying 1 lakh hey bhaiya this is opening this is closing So that's why I created an account for you. shown because generally such accounts are not in making questions you have to answer them verbally is asked or this type of question is not asked If you go, the child is used to doing it directly. Many things do not happen directly. Is No? It has hidden aspects. attention to him Please note that if you are reaping 1 lakh and 500 is increasing. This means you have 1.5 A loan of ₹1.5 lakh would have been raised. So Please take care of this. Let's go to the next question. List One has to be matched with List Two. These So it is simple. It will be done in 45 seconds. Let's do it. My dear comments. when here When the 26th slide comes, I will show it to you. Correct Is? I will show you the leader board loaded three times. One Then the 26th slide will appear. Once when Then there will be 45 questions and once again when it will be 50 Questions will arise then. Total Questions we have 50 Are. Take a complete mock test I have come for you. Let's do it. So interest on partners Loan PL Appropriation No Balance Sheet Here's four. Personal account is a capital account So first see where are three, four and three In such a situation, you have to see that four and three finish the work no need to proceed further This will be our answer, still move ahead Let's take the position statement balance, right? The sheet is called the Income Statement PNL The statement of PNL is called attention Do you want to keep the income statement statement of They tell PNL to please remember this Small Times Financial Statements Both of them come in. The balance sheet also Statement of PNLB reverse notes to Accounts, Cash Flow Statement, Change in Equity, everything comes into it. Isn't it? These Will remember small things. then commission to A partner. If you are paying commission to your partner If yes then this is absolutely fine. so 4 3 2 1 Here is my answer. C is the answer. Ok. Let us go Brother. Oh brother. o brother what is 100% That's it friend. What is the matter. very good. Very Good. It's a good thing. it became clear that this Well no different. in accord with the Contract Between Partners. ok this Then now you will do it in 30 seconds. It is very simple now, isn't it? this is it You may have done it many times. 30 seconds I will give it to you. It is done. 30 seconds. Let's do it. Let's go in accord with the contract Between partners through contract If it is happening then there is an agreement Three man basis becomes illegal and compulsory Divolution is one three and where is one 3 Here it is Answer. Let's go to death of a Partner Happening of a Certain Congences. So Four partners have become insane brother. By the way, all my friends drive me crazy. That is why it is decided by court. Otherwise If it were up to us, we would declare all of us insane Give. The whole human society is dependent on someone I would go crazy for it. Ok? so a is the Answer. 87% please watch. the people who Wherever I have made a mistake. C has a point It doesn't come. If there is a contract then it is happening It won't happen. Is there an agreement? Contract is always based on agreement It happens. You can apply common sense like this too Were. Isn't it? So people who made mistakes yes I have gone to sea. Please pay attention. Now a firm's profit for the last three Years 1 Lakh, 2 Lakh and 3 Lakh. 3 years old Profit is given. What is the goodwill? What will be the goodwill? if it is calculated on The Basis of Four Year Purchase of average profit of last three Years? It is a simple question, but still Take 1 minute, you will have to do the calculation otherwise You can do it on your fingers as well, right? You can do it on your fingers also, see it is brother can you see it even on your fingers Look, this has become like halwa, my friend, more than anything There isn't any This is not a question of 1 minute, it is very It has become simple, so let's go and I will also should I end this, everyone please answer Come on let's stop for a bit pause a bit Are. jhala Does anyone remember the last time we whistled What happened when I came? whistle channel But when we came it was very dangerous I went that day, I don't know anyone Do you remember or not. Let's understand in the comments, if anyone will remember that the last time Commius What happened when the whistle guy came on the channel? Come on brother, this has become very simple brother 1 lakh 2 lakh 3 lakh then 1 and two 3 and 3 6 then If you multiply 6 lakh by 6 lakh by 3 then this will happen 2 lakh 2 lakh is a four year purchase into four If you do this then it will become 8 Lakh, this has become very simple Let B 98% ok it's simple friend this is yes bio Versus Accounts yes and that day I just felt like this All the students from commerce stream had come to us. Dear Comiers. Let's start preparing comparative statement what will be the Percentage of increase and decrease in Revenue operations if the amount of a year 2021 and 22 is 40 and 20 and 21 is 50? So I am asking you about percentage of increase and Decrees. Brother, he is asking for percentage. 45 Seconds. It is a simple calculation. Simple There is a calculation. Yes Brother. That day, I began to feel that Hey friend, these science guys ran away from us out of fear What? were not visible that day So. So thanks a lot for all the love friend. Sir I have a doubt in shares. please doubt Ask me in the slides, friend. Right now my I won’t be able to do it. my train has just left It is ready for the mock test. This should have been made a little tricky. I will make I will make this I. First of all, we have to understand that Bhaiya ji what base do we need to take? So brother Yes, which is the previous year i.e. 20 and 21 So this will be our base. this is our current year will be. Isn't it? So from 50 lakhs you are 40 lakhs Went. That means if 10 lakhs fell then 10 up now It is negative because you are falling and the base The division in the year is previous If it is by year then 50 * 100 then this will make it If we cut it, it will become 2%, that means it is 20% but it is in brackets because it is negative If there is a decline then 20% decline will be the Answer Correct now if we did 25 here then maybe someone would If you wrote this 10%, there would be confusion People might not have got confused. I I will change it. I will do 25%. If I If I make it 25% here then maybe a lot of people will get misled. Please answer. Well, this has become simple. So Always keep in mind that there are lots of things in the exam Things can also be simple. R S K R Partners Sharing Profits and Losses in the Ratio of 432 R Retirees as Decided To share profits in the future ratio 5:3. You have to find out the gaining ratio. The Basic Bit Is. There isn't much in it. According to me 45 seconds will be enough. more in it There's nothing. It will go away quickly. Tax Two. Do it brother. Do it. well after that I will show you the leader list. To you. After this I showed the leader list Give. Ok? [music] Come on brother, you just have to do your own thing If you retire then remove this and you will get new race Old is new minus old so 5/8 , 3/9 equals two, okay, it won't come If R retires then three is fine, it means It's not like you can take 3/2, I'll remove it Otherwise think brother we will not take 3/2 So the whole thing is 4 7 and 2 9 so 3/9 45 and This is 45 and 24. 45 and 24 so this is 21. became 21 / 72 then 3 / 8 - 2 / 9 equals 72 9 * 2 = 18 and 9 * 3 = 27 so 9 * 3 = 27 and 16 So 11 21c Is The Answer: This is all very simple. Some questions Simple ones are also available. The 72 dude is in this too You have made a mistake. Bhaiya decided to share Profit in future i.e. this new ratio Is. 5:3 new ratio. if the question is new If I had asked for the ratio then you would have given this answer. All those who have written 5:3, please pay attention Dude this is a very high number Is. Let's go next. on dissolution of Partnership Firm N Investment ₹30,000 Was found. ₹30,000 found for investment were done. To be unrecorded in the books. Unrecorded were in the books. The Same Was Accepted by creditor in full settlement of thousands of deuce 32,000 due to treatment of the transaction will be 45 seconds enough will remain. Accounting treatment has to be explained. Ok? ok sir. Accounting Treatment I have to tell you. Sir, I did not study after 12th. What Do it? Tell me. Study and what else should I do? If you want to make your life in the field of studies If you want to do it then study, friend. Otherwise, the in the field you want to make your living Know, learn and understand the area Do it more. Look, studies are not the only field like this where doing something results in something else but What happens if you have that quality You can't go to any other area Then your studies will reach some level She gives it. That is why it is called basic You should always study. Just anybody else There is no reason. If you accept that you are what you are now Vaibhav Vaibhav is the opener of Rajasthan Royals Suryavanshi is probably his name. if you like that yes then he also studied after 8th I did not do it. But how many people are there like that? Very There are few people. There is a lot of competition in cricket. so but if you think your qualities If I have the guts then leave it like that brother Do your studies only. Who knows, you might shine. But what happens is that after going there There are many names after that. but to get there Those who haven't studied till 8th standard And after that if he couldn't do that either, then he You will have to see where you left off. that's why It is necessary to do some basic education. As such It is believed. Ok? Okay, no entry. There is no entry here. otherwise there is no such hard There is no end-to-fast rule. and those whose studies If you don't feel like reading it, then don't read it, friend. But the thing which If you want to do something then see that you can earn money Can you do it or not? Because whatever you I have to do that after a certain age in life Have to do it only for earning. to say that Things happen that give me peace, He will get this. Not everyone's luck is like this that whatever they want to do, they can do it They are getting it and they are making money in it too If you are there or not making money then you can relax have been. Very few people are like this. Very Only the rarest people are like this. so that's why Keep in mind whatever skill you have. You See how you can earn money with that skill Will you get it or not? If you can not do it then Please it's time to change your skills. Isn't it? Understand this. You are currently in 12th class I am here but you have to understand in the future You have to earn money because this is life There is a rule of living. you do it for a living had been. ok sir? so please pay attention Please give it to me. The rest is up to you as per your wish Any. Very good friend, many people have commented on this You have given the correct answer. What is its concept? that brother if there are any assets or liabilities If it adjusts with then dissolution and If there is full settlement in partnership form If you go then you need to make an entry Not there. Neither you can enter his payment You will make an entry for his realization, right? will you do it. The net impact will be the same. so such This is how we do it. ok sir. Now if If this is not a full settlement word then You have to pay 20,000 extra out of 32,000 They fall. but if it is a full settlement word then There is no problem. No entry. one of the Following is not an item of appropriation. Which of these items is appropriation? Not there? It's a simple question. let's see how many people do Are. Well, I haven’t made the topper’s list. Showed. ok sorry sorry I will show you right away Am. I will show you right now. sorry sorry i Went out carefully. What is? I have sat on the train That's why I forgot to show the tour one. Sorry I will do it now. after this first topper List I will show you. Okay, so it is very simple. Interest and loan from partner. These Yours is not a case of appropriation. Isn't it? This is a basic question. O bhaiya sahib twice 100 out of 100. Previous This time I got 250 which means 50 out of 50 100 outs three or four times in that series There were 100. Let's see in this. Now Bhaiya ji, look at the leader, the leader is someone who You have done it all right. There is no such thing yet Is. If Aarti ji's answer is not read If yes then I don't know. Otherwise just Aarti ji They are on top. You should know. Maybe this Aarti is the one I don't know anymore Aarti is the same or not. it looks like it Who also did very well in Bihar Board I have brought the marks. means in the topper list That is it. If it is the same then it is. Out of 27 There are 26. There are 26 out of 28. 25 out of 28 Rajneesh, Prachi Kharab, Sakshi, Komesh Komesh Looks like he didn't attempt anything either Something might not have been counted. sajid kas simple Boy Nandini simple boy also tried some If not done then they will connect late. nandini SK Legend SK There are mistakes happening here From you. Nikhil Sethi Ramanuja Ishika CA Swajal Swajal ji is also making mistakes. Vipin terex happiness shivangi rajni hidden jia Hrithik Manya C Anamika Dhruv Bharat Vansh Jindal Rohan Jiya Nitin Nimrit Vivek Sadhya X Y Z Bigman Yana Nuclear Harsh Students Vijay Manan Priyanshu Siddharth Karthik Capable Parvati Shriyansh Aditya Retro Shiva, this is all I am reading right now In the end, we will see all the names again, right? let's go next question next question next question Identify the account from which loss is on issue of debentures can be written off when Security Reserve Falls Short. This is all of simple-simple Is. Come on, let's do some easy-easy things now. Then After that, something tricky will happen somewhere in between. Well, this is all very easy. removing this Let us go. Statement of PNL will take care of two there are the same things. a security premium There is reserve. If there is a write off from there If it is then its ok. Otherwise you will have to write off the For this PNL has to be used. B is the Answer. Let us please remember. you only have two Near. Where did you go? 3% premium on redemption. What are you doing? no write off from here Would. Let goodwill already exist in a book of The firm at the time of admission of a partner then it will be dealt with in the following manner In what manner did you delete it 30 seconds will be taken for all these questions 30 seconds will be enough Let it be simple Bhaiya ji, old goodwill is old Distribute to partners in old ratio It happens, right, and how do we know it's old? It is written 'goodwill already exists', right? Already Shown or Asset Side Balance Sheet If you are seeing the asset side then it is old It is a representation of goodwill only. so this What does it all mean to us? Old Represent goodwill. Old To distribute goodwill old in old ratio I have to share it brother. I said ok ok Ok. Let's go to the next question. This was it, wasn't it Answer. Well, a lot of people got it right. These Now you remember the points. means either today There are many people giving answers. very good Buddy. arrange the following with regard to Determination of Goodwill. Share of New Partner based on hidden goodwill has to be extracted Brother Yes, in the name of hidden goodwill, how do you do that? If you calculate, its sequencing is 45 Seconds I guess 45 seconds will be enough I have to do step marking, let's take 1 minute If it takes you a little while to remember then 1 I am giving you guys a minute, right? let's do it We Come on let's see, Bhaiya ji here first of all Existing partner decided to admit New partner. Well, you have to start here. Isn't it? So what is the first thing brother? Acing Partner decided to admit new partner. So this will be the first point that will come, brother. New Partner will be admitted. This is ok. Determine New partners share in the firm's goodwill. New partner in Bhaiya Firms Goodwill Have to take out the part. But first, the firm Goodwill has to be extracted. So stop it right now. Determine the goodwill of the firm. That means this is We will have the answer. Determine New Partner Share in Firms Goodwill 1 Minute Yes yes first its better we will admit it first then we'll take out part of it okay so this We will have the money and then you will have it It will come to you after that Ok, so this is the answer you got first. You will get the answer first, right? It will come that Bhaiya Ji you have to show your goodwill first okay what do you need to do first You will have to take out the goodwill. Ok Yes. After that you have to find out the total It will have to be So the option that you will get is this should not come Buddy. This should be a D. of you people Answers are coming wrong Perhaps. Because first the total capital will come. So this will come out how much is the total capital of the firm will it be? So this will come to second AD. Eddy Where all are they? so AD is here But it is. Otherwise, this one will come. then his Later when you withdraw all the capital Determine existing capital of all This will come including partners. it This has become a bit of a question of adjustment, friend. The bit has gone up and down. then determine the goodwill of the partnership firm then this should be After three, four will go and then determine New partner shares in goodwill. So this is it Will go five. arrange the following regarding the determination of goodwill of share of new Partners based on hidden goodwill. Yes. So Look, first of all, an existing partner Decided to admit. Old partners first Then we will decide to admit a new partner Should be. ok sir. After being admitted You will find out the total capital of the new firm. ok sir? You will withdraw the total capital. Then Whoever is existing in it will be minused. will you do it. Yes. After minusing you have The calculation will come. Then, from the calculation, you get You will find out how much hidden goodwill your firm has Is. Then when the hidden goodwill comes, you You will take out his share. So One A D A D C A D C means this is your There will be an answer. A D C E B this one is yours There will be an answer. Correct Is? Now see, such questions can also come up Wherever this problem occurs, you will get trapped in it. Many people must be stranded. Some of us have gone to A D C B E and this. look it's obvious as long as you have goodwill If you do not take it out, it will be divided into his share No, right? First the goodwill will come out, only then will it It will be divided into parts. So whoever is with a please pay attention where you went I made a mistake. Isn't it? Let's go with whoever is A Where did you go wrong? You guys pay attention. Next question is revenue from operations 4 Lakh. Cost of revenue from operation is 60%. Revenue from Operation Indirect Expense is 15% of gross profit. Gross 15% of profit is indirect expenses. Operating Expense is Rs 20,000, Income Tax is 40%, net profit after tax from you He is asking for it. ok sir? Net profit after tax. 1 It will be calculated in 1/2 minute. net Profit is after tax. the quick one Calculations have to be done. There is no problem anywhere, There is no burden anywhere. Try it. quickly I have to do that. Try it. I'll give you this Tell me immediately how to do it Give. Get it calculated instantly in percentage It can. Ok? long if you want You can do it through process also. Short Process I will tell you as well. You can do that too. come on zing zing please calculate correctly Aren't you getting enough time my friend? it is ok to use it properly Come on brother, what do you have to do in this? Look at revenue from operations, that is one way Sales are given from. cost of goods Hold means cost of revenue from Operation is given 60%. So if you assume Sales is 100%, cost is 60% then the remaining amount is How much? 40% what would that be? Gross Profit will be. So brother you can directly get 40% of Rs 4 lakh Remove Take. Withdraw 40% of Rs 4 lakh directly. 40 / 100 ok sir. now whatever comes, whatever comes That will be your gross profit. saying in it Indirect expense is 15%. If Indirect expense is 15% of gross profit So, that means 85% of it will be the profit will be. So if you want you can do even 85% of it yes. Now, let's say a little bit about that for you guys. It should not come out from above. So I complete it I am getting it solved. So brother 40% If you calculate, one zero plus one zero plus one zero one zero from this then this will happen ₹160. Ok? So if the sale is of 4 lakhs Out of which 60% is your cost, so ₹40 minus If you do this, your gross profit will be ₹1600. ok sir? This is your gross profit. Now you will subtract this indirectly Expenses. Indirect expenses out of this What will you do? You will minus that which is 15% So you can take out 15% of it indirectly Expenses 16600 * 15 / 100 so two zeros plus two zeros zero of zero zero of zero 15 * 6 = 90 so Zero carry 9 15 * 1 = so this becomes 24000 Now if you minus this from this then it will be this will 1 34 ok sir 134 has arrived now he is saying Bhaiya ji that there is good net profit in this It is said that you should take care of operating expenses Indirect expenses include operating and non-operating expenses. Both operating are included. Indirect expenses include operating and non-operating expenses. Both operating are included. So Operating Expenses My dear commons one It's an illusion. This should not be taken. Ye Rong There is a number. He has come to cut marks. Now Bhaiya ji net profit so tax is 40% Take out 60% of it. Take out 60% of it. Take out 60% of it. so 60 / 100 so one zero to one zero one zero to one zero so 0 8 * 6 = 24 of 4 carry to 8 * 3 6 * 3 = 18 so 0 carry to 80 is 400. something went wrong Is. I have done some calculations wrong What? Indirect expenses 15% of gross Profit. What is the gross profit? 400 then 15% of this I am calculating something wrong Am What? It will only cost 24,000. It will come to 24,000. 4 and 40% tax If yes then net profit after My tax calculation is wrong. something Something is going wrong. Hey friend, this will be 136. Multiply is wrong and not happening. 0 0 so 6 carry and 6 36 carry three then 21 carry one Two 81600 Our calculation was wrong. Ok? So This will come to 136. well if you want it Nor could you calculate it directly. If you feel like it then do it like this Should I direct you and you get confused? Don't become this. Otherwise if you want then 85% of 1 60 and if you convert 85% to 60% then also your The answer would have come. Ok? So 81 600 means C is the Answer. hey what happened is this Brother Sir? You could not answer such a basic question. Why didn't you make it? Where did it go wrong? o brother Sir. What mess did you guys make? 5% Do I have two kids? No. Season, Jindal and Yana very good friend to all of you I will make a cute heart. Look now Look, think yourself, how easy this question was and I didn’t make it for you guys. Now the names of these three I will move away from here but this is for you three Is. Very good friend, very good. Now it is at 96 Those who are gone are gone. Ok? So who is this for They know for what Is. Come on brother, let's move ahead. a b c Parts and partners please look at the mistake Where did it happen? This is a huge mistake So a very big mistake has been made Partner Sharing Profits on Na A B C and loss in the ratio of 532 admitted d Inu Partnership 16 Half of Which Was Given by A and the Remaining Half Was Given Buy B and C in the ratio of 3:2 a little bit It is lengthy. Understand the language. For him Solve it. I am giving you 2 minutes. 2 There won't be any problem within a minute. New Profit sharing ratio has to be found out. of two Instead, I will give you 2 minutes. by the way 2ii minutes would be too much. so only 2 minutes Take it friend. This will be done in 2 minutes. Is No? This will be done in 2 minutes. Big Good The question is. You guys should try it. Isn't it? Little You must have got time to read also. Now! By then you might have started doing it too That will also save your time. Ok? So 2 minutes. Let me give you 10 seconds extra. one two Three four five six seven. 8 9 10 let's go for 2 minutes It became extra from that. Please read the question carefully. Good This is the question. Isn't it? Sir, please tell me my name. hey I will say your name Brother, the day the work will call for it Yours. You can call them from your work then it will be fun will come. Let's just have one point in this, look D The D is coming for 166. But this 166 is between three partners It is being divided in different ways. So A which is A is giving half of this 16. So 1/2 means A The sacrifice is 1/12. Isn't it? what did you say? 16 Shares in Profit Half Half Of which was given by A then what did A Did? Gave half of 16. ok sir? So 16 A gave half of it. Now what did B give Brother? So I am saying remaining half. Now What is remaining half? So if 16 is complete amount, 16 if it is the full amount, then How much is half of that? 1/2. So, who took 1/ 12 Gave? a has. Now 1/2 minus 16 If you do this, the return will be 1 / 12. So, b has How much did you give? 1/ 12 of 1/ 12. This is 1 / 12 How did you come? that brother, the partner we have D is there, he came in for 16. half of that 1/ 12 Who is giving this? is giving a. Then, The sacrifice has arrived. Isn't it? These Sacrificing Is. So if A's sacrifice has come, brother Yes, so how much is left? So that is 1 / It was just 12. Now whatever is left on this 1/12 who is giving it to him? giving it to him Bhaiya Ji, if B and C are in 3:2 then 1/12 of 3:2 That means you will make it 3/5. So brother I am giving this 3/60 and how much is C paying? So 1/12 of Make it 2/5 brother. So this is 2/60, okay? If you need to equate the LCM. Isn't it? If you want to make it equal then brother this is 60 this is 60 Make this also 60. So 5 and 5 means 5 / 60 so brother this is giving 5/60 this is 3/60 This 2/60 Sacrifice has arrived. Now New I have to find out the ratio, I will minus it. Then a The old ratio of a is 5 / 3 then the new ratio of a is 5 3 2 means 10 so 5/10 - 5 / 60 so The LCM will be 60 6 and 5 30 30 30 - 5 then 25 25/ 30 and 25 does not come If it remains, then it will have to be removed further 3 /10 - 3 / 60 then this will become 60 18 and 3 24 This will become 18 6 * 3 18 and 3 will become 15 15 6 * 3 = 18 If we subtract 3 from 18 then 2 / 10 of 15 C -2/ 60 then 12 and this will become 10 then 10/60 and d is for 1/6. Its LCM will have to be equal then it will be will go 10/60 i.e. my brother who become a part of it 25:15 10:10 Now this can be divided by five Is. So if you subtract 5 from 5 then 5:32 so this will be your answer 53 222 so A is the answer. The game in it was that Don't divide 1/6 between you two Two. 1/6 was complete. If half of it is lost then 1/ 12 So how much is left? 1/1 left. These Remain If you calculated the amount correctly then You will get the question right. Ok? then you You will do it right. A Is The. Hey, many people got it right, friend. very good. This is more than the number of people who have done it right It was very tricky, friend. So very good. Let go next question. Match The List. ok now this match There is a problem with the list that Perhaps an NPO has also been provided in this. So I am getting it done for you myself. Is No? I am getting this done myself. Who does the dividend come from, brother? equity share From. So where does the four surplus come from, brother? So In a not for profit organisation When there is a profit, it is called surplus. And the loss was called deficit. Butt because Now this is not there so I will remove it. So 4 3 then interest. What is the interest on Will it take effect brother? So it will be applied on the debenture. So the forest and the premium represents the loss, then So 4 3 1 2 4 3 1 2 so this is the answer Ours is gone. Ok? I got this done for you myself. Let's go to the next question. in order of payment Receipt cash on dissolution of partnership This is firm, bhaiya ji, this has to be done. Order I have to tell you brother. Isn't it? state the order Is. ok sir? How will you make the payment or How will you receive the receipt? so according to that Mostly the question regarding payment has been asked in this. I have told you about Section 48 every time. Class I have told it here, there and everywhere. It is important. Please take care of this. Is No? Well, I have told you every time. Isn't it? You have to remember this. and section 48 There are two things in it. A Treatment of Losses And an application of funds. of both things You have to be careful. Ok? I even gave you a hint and you can If possible, remember your section as well. there is no need for it but still let's go It is very simple bhaiya ji first of all you you pay to third party then if any If your partner has a loan, do you repay it? If any partner has capital then he has to be paid If yes then he takes PSR home If I am there then take B.C.A.B. this is it and So there is no option for this, oh my friend The option is not correct, its option is correct Were needed. Instead of BCA it would have been B A C D So maybe the kids would get a little confused. These So it became simple. Let's look at options several times Seeing this the answer clicks just like that. What The thing is even today three out of three were 100% Are. Ok, great. Let's move ahead. Match The Following Purchase Changes Inventory, Cash Credit, Dividend tree. Let's do this in 30 seconds Will go. These are all quick ones, right? Correct Is? Ok? These are all quick ones. Dheeraj ji please don't spam friend. Without Meaning there is no benefit in spamming. Let's go and now we're down to half the students Are. Is No? so it's Ok. Let's see how many survive till the end. Come on brother, we all know this What is the purchase of building, brother? If it is a part of investing then three now three from answer whichever is starting then three Three, okay brother, let's have some options in this The trick is to change in inventory change in Inventory brother, whose part is it for us So this is part of our operating activity If working capital changes then it will be four Where is the four with three, brother? 3 4 3 1 3 3 2 3 4 means we have to proceed further till four You will need cash credit. Cash Credit We have our part in financing. Is No? So cash credit is our financing Take care brother. Cash Credit Financing Is a part of. Bank Overdraft Financing Is a part of. So brother this is ours It is a part of financing. So Financing 1 3 4 1 3 4 1 3 4 1 Well now that's one point. I got one point in this, friend. well look now There is a little trick point here. Please pay attention here. Normally we know Both bank overdraft and cash credit Whom do you believe? Financing considers it as an activity. please pay attention here I will give. There is a slight change in the game here. Dividend paid now dividend paid also It is a part of financing. so 3 4 1 Needed But now 3 4 1 is there somewhere No. Bhaiya here it is 1 2 and here it is 2 1 Is. Ok? So friend this is the method of options According to my calculation it was wrong. but now if Suppose this question comes in CUT then What should I do brother? If these questions are in CT If it comes then let it go and say that brother is wrong. Leave it. No. Why? because then we Going to the best appropriate answer It will have to be Now with the best appropriate answer If we have to go. if we go to If it is required then we will choose such that Bhaiya This will be seconds. ok sir. Why? Because Cash Credit We will assume that in this question According to this he must be talking in cash. So This too will go away. This forest will go away. Correct Is? Otherwise normally when we study then we are told that cash credit And bank overdrafts can help you finance your finances It is part of the activity. did you understand it so Please send tomatoes. if you understood this point Because this is a bit of a controversial point yes Went. ok sir. please understand once send tomatoes because what is this one Went? This has become a point of controversy, Bhaiya Ji. it So it is so, right? this is your point of contention Went. Are you understanding what I am saying? Correct Is? ok sir. because in this question it is is given. Now whoever has de ticked If you have done this then you guys please pay attention Give it. what in d Is? Yes. So those who would have ticked D. Now pay attention that if this is sending to forest yes, it is sending dividend paid to pay. Dividend paid so I know that cash End cash equivalent cannot come. it So I already know it. So many times I've told you I told you that many times you get the right decision after looking at the options. You have to choose the answer. because these mistakes It is possible that they may come like this. if it comes like this Look, one way is to say, hey Brother, something went wrong. This is it, that is it. Everybody's wrong taught. You can do it like this. But who There are also many things that you need to consider on the basis of options many times. But you will have to choose the answer. so here it is The point is being made. remember, normally you I have read it. I have also studied in CBSE. It is also read that cash credit What do we always do? to cash credit We Always read in the formats you have also will be. Isn't it? that cash credit should always be Bank of draft and cash credit should always be Considers financing. Short Term Always consider financing as your priority I believe it. So normally this is one. Normally this is one. ok sir? butt in This question, you have to accept it as that. So Here you will consider two and here one. So that means That we will have the answer to this one. Correct Is? So A will be our answer. I completed I have explained it to you very well that we are going to give you this answer. Why are you going with the. Ok? Otherwise appropriate answer should have been 3 4 1 Who did you go with? went with a Are. 89% went with this one. Good sir. Let us go. Ok. You have written the answer. But What is the problem with this question? i hope that You should remember it. Let's go brother. Moving Forward Are. from the following information calculate Opening Inventory. Good question. by Just look. Calculating Opening Inventory Is. You have 1 minute. Ok? Opening Inventory has to be calculated. You will enjoy it. Calculating Opening Inventory Is. Let's see who does it. By the way this vid This could be as little as 1 minute. just a little bit I have given you time. Sir Ratio Wale There is a problem in the chapter. please then Sheetal ji please tell me what is the problem Is? Isn't it? the flowers will make you remember them Will fall. Brother, if you are short in ratio If you are looking for something trick type then like this If you want to tell me then someone will tell you to do it like this Here, do it like that. But please believe me Whenever you give things a twist The trick doesn't work there. The process works Is. So you will have to learn the process. Who I'm looking at the kids in the accounting ratio Am. instilled a bad habit in children Yes, the teachers have. Accounting ratio number three This is a chapter brother. Don’t do that. any benefit Not there. Three numbers will easily be missed. Because you are not prepared for the full 100 What are you doing. You are preparing for 80, 90 Or number three, you can see it later. These four Ask the question. three out of these four The question of number comes up mostly. so the child's has created the mindset that accounting ratios Means it is a small chapter in which Charp Whatever ratio comes, we will do it, it will happen Work. What is in CUT now? Accounting If three or four questions come in the ratio then that is too much It became a question of numbers. so the child Don't even go into the mindset. Brother Accounting the ratio also just now just now just now just now Read it right now, brother. Right now we have There is also a podcast on financial modeling Already done. It is also stated in it that Brother, whoever has the understanding of these ratios We can call these ratios as ideal ratio 2:1 They say. Why do they say this? how did you get him goes? The one who understands all these things You will get a good salary in future. so please Don't get into any trick-or-trend. Where Whatever happens, we will tell you there. Fulfill you I have to read it only. Now come on brother, let us I can understand that brother he has made a car Closing inventory has been given. give purchase It has been kept. The carriage is placed outward. That means that somewhere or the other they have somewhere This gave us the opening inventory which You have to find out that inventory turnover ratio Not to be withdrawn on the basis of. cost of goods Sold means cost of revenue from To be removed at base of operation. Our Mind Clicked it. now bhaiya how much is the cost Remove? So the revenue is given, gross Profit is given. So if the revenue and If Gross Profit is given then Revenue If you minus gross profit then cost comes Is. So then brother just withdraw 90% of this 4 lakh Two. * 90/100 brother why are you taking out 90% Are? Or else take out 10%. 4 lakhs 10% 40000 minus 3600 direct withdrawal If you give it, the cost will be Rs.3600 what is this brother? Cost or old language in Hindi then cost of goods sold or In today's language, the cost of Revenue from operations. Now the formula for this what happens brother? Opening Stock Plus Purchases or Net Purchases Bol Take. There is no return here. That's why plus Direct Expense Plus Direct Expense Minus Closing stock. ok sir. and in question to us I have given closing and am asking for opening Is. Ok? Now direct expense is Nothing is given in the question. So now do this. 360 now look at this opening stock so we Have to take it out. So let it remain here. This If you bring the plus sign here then it will become minus Will go. So make a minus purchase. how much is it Parishes Of? How much is the purchase? ₹3,50,000 so here it is ₹3,50,000 gone. Ok? Then direct expenses. Carriage now It has been given outward, brother. Outward Delivered It has happened. So this is an indirect expense Is. This is an indirect expense. Outward Is. If carriage is only or carriage is If it is inward then it is direct Expenses. This is a concept of 11th class. So that means bhaiya ji, he will not come. Remove Give it to him. Now the purchase has been done. Direct Nothing else was given in expenses. So We will not do anything about direct expenses. Remove this. Minus is the closing stock. This If the side comes then there will be plus closing stock Will go. So what is the closing stock? We have closing inventory of Rs 75,000. So there will be a plus here 75000. Now when you plus or minus this you have the answer If we go, you will get the answer of Rs. 85,000 Okay, everyone has come. then A will be the answer Very simple. please remember to carry outwards He will not come. This is wrong number. this is Wrong number. This is wrong number. Ok? Now let's see how many people has found it correct. Now those who have earned Rs 2000 He might have done minus and gone to B. Now Look, 70% people have gone to B. Why would you have gone 70% on B People? Don't know. ok sir. So please you Have to be careful. I would name these 26% Am. Well, there might be a point. Aarti Priyam SK Rajni Prachi Nitin Jindal Nimrit Rajput Khushi Komesh Yana Manya Majid Sanatan Harshit ok these people are right The rest of the people got messed up, now see this point that what happens in books in many places It is possible that they have solved some wrong answer Something is written in the option kept there. Solution I have written something in it. Why does that happen? because when they solve it then it They even forget small points. Just like we are. Now you may have seen many Once I also did totaling plus I made a mistake in totalling the minus. would now What happens when a question is asked in a book if it was happening then you would give me many plus minus You tell me many times that options match If not, then I will check it. Let me check it. But what would happen that many times the questions they are making These people don't pay attention to all these things Or there is no one to tell them. so that People print it as it is. please pay attention Keep carriage outward your cost of revenue is not part of the from operation. Is No? It doesn't happen. his share is direct There are expenses. This is a concept of 11th class It has been solved accordingly. Let go. Identify non-cash items out of the The following is shown in cash flow statement. In this Which is the non cash item from? this is all pudding Is. I have got it done many times. by See. by See. Let there be two more left. then case basis There will be study questions. What time is it? We are good Is. So, this is very simple brother. This is a quick answer, this is a quick answer The person snaps his fingers and gives the answer Are. Ok so this is the correct answer There is depreciation No? be is the correct Answer. 97% ok bhaiya. g depreciation It is non-cash. Isn't it? Dividend paid is seen as an activity for Finance Company and Activity for Non Finance company. You answer this first. Then I will explain you finance and non-finance What are finances? Isn't it? Ok? Please answer this first. I will tell you again I am finance non finance. Come on brother, what will be the answer to this? So brother Yes, in both these cases this financing Activity Is. So this is the answer. Let's see how many People are stranded In this. Very few people are stranded. very good. So keep this in mind. Isn't it? Memory keep interest Received or paid. Interest and dividend should be received. So this It is part of your operating activities. What In? In the financing company. ok sir. Financing companies are those companies It is the one which carries out the transactions of money. Is No? investing their money in mutual funds or buying shares, selling shares, It was their job to lend money on interest. Is. It is basic work. so interest received Yes, interest paid or dividend received Yes, it is operating. if it is received then There will be inflow and if it is paid then there will be outflow. And in its case the dividend paid is The dividend that is paid is yours Financing activity takes place. ok sir. In the same way, if you have It is a non finance company, ok sir. So your Pass Interest Received and Dividend Received. This is what your investing There is activity. Because these people do not deal in money. So if he had lent money to someone They are taking interest from there. That means that this I am investing. buy someone's shares have been. receiving dividend from there Are. That means investing. Ok? And interest paid and dividend paid. These There is financing for both of them. Because you took a loan from somewhere Or you might have given or taken shares. Meaning You must have issued it, so you can get dividend on it If you are paying then this is your financing activities take place Are. So please remember this. So That is why there is dividend tree here Financing and dividends paid here too Financing. ok sir. if interest If it was received, Bhaiya would have worked in a finance company So in operating and non finance company Investing. so watch this whole thing Your entire concept will vanish from the chart. Will go. Remember this if you can ok bhaiya next question bhaiya what is the next question Happened Brother we are next Question Next Question After This Case Base Study If it starts again then try again You can see the list of toppers AB Share Give profits and losses in the ratio of 2:1 Admit C as a partner with 1/4 share with a guarantee that his share of profits will not will be at least 500000 5000 so its He got a guarantee that there will be net profit Profit for the firm year ended at ₹40. Determine she shares in the profits. So, what is the value of C Brother, what will be your share in the profit? These I have to tell you. ok sir. C's profit What will be the share in? I have to tell you this. This is a very simple question. Look who will grab it fast would do Is. It is a stupid question. Let this one question create many questions. You could have asked what the minimum guarantee was. But There can't be many questions here Because bhaiya ji ₹40 is their profit and C part of is 1/4 so if you buy 1/4 of it If you do it then it comes to 60 i.e. minimum He is earning more than the guarantee Bhaiya will take it completely Profit share will be 60 if this minimum It would be less than a guarantee, for example, if I am saying for example if this is ₹160 If it would have been then the minimum would have been 40000 so if it would have been 40 Bhaiya then he would have got a profit of 50 Your answer would be 50 now if this is out of this You should have asked brother how much is the deficit Bond happened? So if this was 400 then it would be 10,000 There was a deficiency of. How will these 10,000 come? So it will come in 2:1 because there is nothing else It has been said. Isn't it? So the full minimum guarantee I repeated this to you once Through the question. but there was a problem with it No, because there was no deficiency. Ok? So it is correct. Let's now do a case base study There are questions. Now it takes times. So if you say so, I will give you this homework What? Should I give you your homework? I this video I will give its answer in the comment below. So You guys will do this. Two case base studies There are questions. Isn't it? some time in this Gets applied. Then you will need 4 minutes to read this It will take me. So you can do this as your homework. This will be the excuse that you will be able to do your homework You will also comment after the lecture. Ok Yes? ok sir. ok sir. so this is homework inside this you have more of these homework I will give you the answer in the comments after two days. I will give it to you. I am giving you two days. in You have to write the answers to the homework. I want to write in the comment, you will write by commenting Then I'll know you're into it. Well, some questions could be like this Are. Let me give you the homework. Correct Is? So I will give you the solution right there I will provide it. This is all your homework Is. Correct Is? There are two case base study questions Because that again takes time. You Passage you will read it and solve it will you do it. Its comment section after two days You should check it. You will find it in that. Correct Is. Let's go brother. Ok. Come on now one Brother, we check the list of toppers once in a while. So let us see it completely in this. So Aarti Ji has maintained himself as a topper. 38 Out of which 35 are. If you missed something then tell me Will give. 35 out of 38 Sajid ji friend in the middle I couldn’t see you. It seems as if it came suddenly. Out of 39 of SK, 34 i.e. till 39 got it done by you Are. There should be 40, right? okay ok one one Prachi ji might have missed more out of 39 34 out of 37 Nandini 33 out of 39 Sakshi 33 Kas 33 out of 38 Rajneesh 32 out of 39 well remember all the people who enter three There are as many people as there are in Pravesh Three Your class is today at 4:00 pm, okay then? Rajneesh has become a simple boy Khushi Vipin Rajni Nikhil Real Anshika Tracks Hrithik Shivangi Yana Jiya Jindal Sir Dhruv Komesh Vansh Nimrat Sandhya Bigman Bharat Nitin Rohan Ramanuj Jiya Ishika Vivek X Y Jade Swajal Manya Capable Parvati Harsh Shreyaash shiva hidden sia anamika aditya kartik Target Siddharth Sanatan vs Science Ankur Vijay Nucleus Student Life Aditya Hariya Priyanka Nikhil ok rest of the time Totally we had a lot of children. Today Maybe it was over 200 so 200 Will be. Now we need to see the names of all these people No Will need it. ok i mean more than 200 Many people have attempted. But Basically, this is what happens. this is life's the rule is that i told you not 10 12 Only 15% of top people work hard. Balance Everybody works hard for a while. result If we don't get it then we leave. so that's why you Don't ever think that Bhaiya was seen in the competition 20 lakh people have filled the form. someone says So many people have filled the form. so many people filled out the form. Many people fill out the form. But very few people study at a serious level. We do. if you are doing it then you are already Should be above 80-85%. Now just a little bit of that 15% A lot of luck and a little bit of your brain concentration because you are not able to solve the question properly If you don't read or do all this then it will just happen to you can defeat you otherwise no one else will defeat you Can. Ok? and prepare the paper well Do it. Your pen, your pen, your notebook, your mind, your books, your best There should be best friends. please many Paper Easy has been coming for years. This means that It is not necessary that the paper comes easy every time. If Even if it is easy you should become one. if the tough times come Still, you should become one. this is commas's Identification. ok sir. Let's do the homework that you gave If you write it in the comment, I will get it It will go and after a few days you will get a comment You will get the answer also. Let's go, let's go. So Friend, I am just going like this. a little bit cute It would be better if you go with a smile It will take place. Adi ji you are writing sir Practical questions are not being made. What to do? Bhaiya ji why are you not able to do it? You must know this. When suppose you have a We have given the question here. You have found that solved the question and then we Got it done. Now what you did wrong, what we did There must be some difference in that. You will find your mistakes. But you If you solve the question yourself then it will match If you get it done you will know. Such as rectification There used to be an off error. You must remember BRS we do Were. We have the skill to find fault It should not happen. If he is not then There is a problem. Then a little extra work do. and then you ask that bhaiya this I am making mistakes in points every time. what's the problem? So let me help you can. Isn't it? Sir where can I get the PDF? friend these people say that these people Let's get it posted on the Telegram channel. right now because We're on the CUT channel so I don't know. Is. Of course I hope I will I will tell you in the comment, get it posted where But you will get the PDF. Isn't it? because right now I don't know either. Normally your commerce Which goes to the Telegram channel Also happens on YouTube. Ok. go away then walk away with a smile and a nod Are Buddy. Sir Called up Capital and Paid up Capital I have doubts. Look at Called Up Capital It means what you asked for. Like ₹10 There were shares. Suppose there are 1000 shares. Very It's a simple thing. 1000 shares @ Rs. 10 Is. If you ask for only 10 then bhaiya ji It became 10,000. So the called up value is this. If you agree brother no ₹10 not now I will ask for it. If he asks for ₹7 then this should be 7 * then this should be will go 7,000 this is called up. which you who asked for He asked for as much money as he wanted from the public called up for Now paid up public can pay as much as they want Given. That means assume that I told him Bhaiya Ji If he asks for ₹10 then my called up is ₹10. Into When I did it, the total amount became ₹ 10,000. But there is also a point of calls in arrears in public Is. If he doesn't give the money then bhaiya ji who They will not give calls by minus these areas The remaining money was paid up. Ok? So Simple Is. Let's go now. Whatever else you will be I will do it in the comment. and doubt slides They happen. You can ask your doubts on the doubt slides Take. Ok? Come on then you guys come. You Solved the questions. I hope that this is the result These efforts will definitely reflect in your result Have a show. So thank you. Thank you. thank you my Dear comments. thank you for being with us For loving us for supporting us. Foring Staring chance hopping our gems. thank you You. Thank you. Thank you. and ek pyaar sa It's a lovely motive. have a smile spade Smiles because smile is the biggest Gift. Which you can gift to anybody. So Smile and spread this smile. This Keep changing the world into a positive vibe. Slowly slowly is fine. Ok? Let's go to this Guys will run. See you again in some lecture In. Till then tata tata bye bye Bye bye bye.