ACCOUNTING BASICS | FUNDAMENTALS OF ACCOUNTING |RULES OF DEBIT AND CREDIT | COMMERCE SPECIALIST |

This video from Commerce Specialist is on Accounting Basics. This video explains all the fundamental accounting terms, it also explains the basic accounting equation, the meaning of Assets, Liabilities, Capital, Income/Revenue, Cost and Expenses.
This video also explains the rules of Debit and Credit. How to use the rules of Debit and Credit and their importance.
Numerical Examples are given to show how to calculate Gross Profit and Net Profit and the difference between Gross and Net Profit.
Examples are also given to show how Profit or Loss is adjusted to the accounting equation.

This tutorial/lecture video is very relevant and useful for students of I. Com, B. Com, O Levels, A Levels, CA, ACCA, CMA, CIMA, CIA and CPA as it covers the learning outcomes of their syllabus.
About:
Commerce Specialist is a Certified Management Accountant (CMA) from USA, holds Certification in International Auditing from ACCA-UK, a Bachelors in Accounting, A teaching qualification of B.Ed., an MBA in Finance along with over 20 years’ experience of working in various MNCs in different sectors including Banking, NBFIs, Retail, Oil & Gas, Telecommunication, and top business schools, colleges and universities.
website link: www.comparativeedge.com
Link of my previous videos:
Depreciation Basics: [Methods and Calculations] https://youtu.be/i3M4Mw_ldC8
IAS 16 Property, Plant & Equipment: https://youtu.be/kx1WsjY0YNk
Inventory Valuation [Systems & Methods]: https://youtu.be/jJFpUT_yzqg
Break Even Analysis (CVP Analysis) https://youtu.be/QrbcPmCY4E0
IAS 7 Statement of Cash Flows: https://youtu.be/sLTkqCX6Hv0
Accounting for Receivables: https://youtu.be/lr58AM1TZ24
Ratio Analysis https://youtu.be/-UbFZRd8Eds
MBA VS ACCA https://youtu.be/irhDGaou9gw
Capital Budgeting / Investment Appraisal: https://youtu.be/aWyY1Xa1-ZU

Viewers and students can contact me on [email protected] or email me at [email protected] or whatsapp me on +923219213800.

#accountingbasics #basicaccounting #accountingequation

Тэги:

#Commerce_Specialist #Accounting_Basics #Basics_of_Accounting #Assets #Liabilities #Capital #Income #Revenue #Cost #Expenses #Expenditures #Sales #Cost_of_Goods_Sold #Gross_Profit #Net_Profit #Net_Loss #Accounting_Equation #Rules_of_Debit_and_Credit #Accounting_fundamentals #BBA #MBA #CA #ACCA #CPA #CMA #A_levels #CIA #O_Levels #B.Com #I._Com #Basic_Accounting_Equation #Full_Accounting_Equation #Application_of_Debit_and_Credit

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