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Financial Statements - Part 1
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The lesson discusses the concept of Financial Statements.

Madhuri
M.Com.,Qualified JRF 5 times in a row, Love Books and Teaching.Huge Respect for Ameen Sayani,Sachin Tendulkar, Rachana Saxena Samandar ☺️

Comments
(11)
U
Unacademy user
Great Course Pradeep. Thank you so much for your efforts.
ND profit on sale of fixed asset to capital expenditure hoga to vo to isme nhi ayega..... am I correct?
Madhuri
8 months ago
Profit on sale of Fixed asset expenditure kaise hoga, wo to revenue hoga.
JYOTI JAISWAL
8 months ago
sry mam capital receipt lkhna ta expenditure lik diya
Madhuri
8 months ago
But wo revenue receipt hoga, islia p n L m aaega. Qki iska apki fixed assets n long term liabilities p koi impact nahi hai. I hope you got my point. if you are still confused with it, please feel free to ask your queries :)
JYOTI JAISWAL
8 months ago
mam apne EBIT wala topic Kis lesson m kraya h..... trading on equity
Madhuri
8 months ago
Financial Management ki Jo series hai usme part 3 m krwaya hai. :)
purchase returns-returns outward ND sales return-returns Inwards
Madhuri
8 months ago
Absolutely correct :)
loss on sale of fixed asset... indirect expense m ayega
Madhuri
8 months ago
Yeah, it is an indirect expense. :)
Mam please responsibility accounting, hr accounting and inflation accounting pr bhi lesson bnaye
Madhuri
a year ago
Hi Mohit As of now I am on a break,so it won't be possible for me to make new courses. Sorry for the inconvenience. :)
Can we not say that Bank Reconciliation Statement is aslo a financial statement?
Madhuri
a year ago
you may say it, but the traditional meaning of Financial Statements is P n L account and Balance sheet. In general sense, any statement containing financial information can be said to be a financial statement. But this is not how we use the term.
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