Adjustment of Depreciation & Provision for Depreciation in Financial Statements Class 11 Accounts
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__________________________________________________________________ Hey Everyone:)
Class # 3- Financial Statements With Adjustments
In this video, we have discussed:
1) Detail understanding of Adjustment of Depreciation & Provision for Depreciation A/c
2) How Provision of Depreciation is recorded in the books, its working and presentation in the Balance sheet
✅This video is from One of my Live classes that I take on Avyukt application
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Download the'"Avyukt "Applicaiton for Live Classes and Notes:
on-app.in/app/home?orgCode=ymt...
FOR IOS USER
We are in the process of expanding our online classes in apple store. Right now, you can register through your laptop/desktop.
Step 1. Go to web.classplusapp.com/
Step 2. Enter batch code: 'ymtcr' then click on verify button
Step 3. Login with your mobile number
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Пікірлер: 88
Sir I am in ca intermediate still watches your video for recalling the concepts
Thank you sir for such great lecture.. This chapter now seems so easy because of you only.. I like the thing that you work on concepts rather than to get learn the thing like other teachers on KZread do...
@cahardikmanchanda
2 жыл бұрын
I am glad to know this :) God bless you🙏😇
Sir agar dep trial balance mai hi de raha hai to vo accumulated mai phele se include hoga
Sir if provision for depreciation a/c is in trial balance then it only deduct from asset? And if it is in adjustment then deducted also and show in cr side p/l? Appreciate your underated hardwork🙏 pls reply
Thank you so much sir for great lecture
thank you so much sir i was so confused at school but now i am understanding things
Thankyou Sir very well and detailed explanation 🤗🙏
thankyu so.much sir
Thanks u so much sir for all ur efforts 💕🤘
Thanks for help us
Great explanation sir 👍🏻🌟
Thankyou so much for these amazing lectures 🙂
@cahardikmanchanda
2 жыл бұрын
🙏😇
Thank you sir for uploading regular videos of class 11
@cahardikmanchanda
2 жыл бұрын
🙏😇
Thanks sir for explain the depreciation it is very confusing thanks sir thanks a lot sir 💜💜💜👌👌👌
Sir u are great ☺️👍 Aap bohot acha padhate ho, I am watching ur vedios from last 2hours and not feeling bored at all this is only bcz of ur ways of teaching which is just amazing, mind-blowing 🙌😍
@cahardikmanchanda
2 жыл бұрын
I am glad to know this Ruchika :) God bless you 🙏😇
Sir practically depreciation ki konsi method jyada use hoti hai?
chlo koi toh hai jo class 11 ko seriously leke roz videos upload krte h.. vrna sab boards ki classes pe hi focus krte h.... Thanks sir❣️✨
@cahardikmanchanda
2 жыл бұрын
11th me concepts build hote h jo aage 12th me help krte h so that's why I think 11th is as important as 12th ✅ Thank you so much for your support Ritik :)
@ritikjames4023
2 жыл бұрын
@@cahardikmanchanda ❤️❤️❤️
Thank you so much sir. 🥰🥰 I always pray sir, this channel get more and more success.
@cahardikmanchanda
2 жыл бұрын
So nice of you:) God bless you 🙏😇
Sir trading mein gst wala bhi h vo kab hoga??
thank you sir you are great
@cahardikmanchanda
2 жыл бұрын
🙏😇
Thanks for the amazing session sir
@cahardikmanchanda
2 жыл бұрын
🙏😇
Toh sir provision for depreciation account liabilities side par kyu show karte hai ???
The best explanation ❤️❤️❤️❤️❤️❤️❤️
@cahardikmanchanda
2 жыл бұрын
🙏😇
thank you sir
@cahardikmanchanda
2 жыл бұрын
🙏😇
In my book there is two adjustment entries for provision for depreciation 1. Depreciation ac dr To provision for dep. 2. P&l ac dr To Depreciation ac Second wali entry kb karenge please tell me.
@cahardikmanchanda
2 жыл бұрын
Second entry humesha krenge, Depreciation expense will be debited to Profit & loss A/c always.
outstanding lectures
@cahardikmanchanda
Жыл бұрын
🙏😇
Sir bht zyada detailed ho gaya
@cahardikmanchanda
2 жыл бұрын
Bhot jyada zaroori bhi h detail me smjhna✅
Sir but where is the option for the live classes? What is the batch code?
@cahardikmanchanda
2 жыл бұрын
Abhijeet, you can message me directly on that application, i will guide how to use that app👍
Slm method mai dep+ provision +rate hota h aur wdm mai dep on cost - provision on dep and then dep rate cakculate karke total se minus kar do😅😅
Sir I can't understand difference between both methood dono may to balance sheet me asstes ki value kam kri hay
@cahardikmanchanda
2 жыл бұрын
Ashish, first method me Asset ki value kam hoti h. For ex- 1,00,000 ki machinery h and dep is 20,000 so machinery ki value hi 80,000 hogyi but second method me machinery 100,000 ki hi h bt provision for depreciation me jayega 20,000 and wo aap presentation ke liye asset se less krke dikhate ho.
@ashish-tx5hg
2 жыл бұрын
Sir it mean vo trail balnce me same value rahegi assets ki
@cahardikmanchanda
2 жыл бұрын
@@ashish-tx5hg Yes Ashish ✅
good morning sir sir agar trial balance main suspense ac hota hto fir aage uska kya treatment hota h
@cahardikmanchanda
2 жыл бұрын
Hi Tushika, agar suspense A/c debit side pe h then Assets me show hoga and agar credit side pe h then liability side pe show hoga✅
@sunitadhuppar5664
2 жыл бұрын
@@cahardikmanchanda thankyou sir for recognising me to sir keval balance sheet main aayega na p and l or trading main nhi
Sir for class 12 Which reference is best in accountancy
@cahardikmanchanda
2 жыл бұрын
You can practice DK goel or TS grewal, both are good books
Sir jb trial balance me provision for depreciation dikh rha hai to wapas se kyu adjustment krne ke liye kah rha hai
@cahardikmanchanda
2 жыл бұрын
Hi Saurabh, Provision for depreciation is the total value of depreciation so agr aapne abhi current year ka depreciation account ni kiya h then usko bhi to provision for depreciation me add kroge na
@saurabhyadav3149
2 жыл бұрын
@@cahardikmanchanda got it sir, thanks 🙏
Sir if provision for depreciation is outside the trial balance ? Treatment And Provision for depreciation will record on Profit and loss Account or not ?
@cahardikmanchanda
Жыл бұрын
Profit & Loss A/c me to current year ka depreciation record hoga na
@raginimishra3950
Жыл бұрын
@@cahardikmanchanda yes
@raginimishra3950
Жыл бұрын
@@cahardikmanchanda provision for depreciation will record in p/L or not if not then why
Financial statment 2 ki exercise kse hogi
Concept ke liye puch raha hu, agar Provision for depreciation trial balance mai na ho to kya treatment hoga ?
@cahardikmanchanda
Жыл бұрын
🙏😇
@divyesh1667
Жыл бұрын
@@cahardikmanchanda haath kyu jod rahe ho ? Sawaal pucha Maine ?
Where is the Balance sheet liabilities side?
what if Depreciation and Accumulated Depreciation Given on Trial Balance And No Other info ?
@vshal.64
Жыл бұрын
Bhai kya hoga answer yaad hai??
@vshal.64
Жыл бұрын
Trail balance mein accumulated dep and dep dono hai
Sir you🙏 please🙏 teach 🖥️ computer👨💻💻 accounting also.🙏🙏🙏🙏🙏🙏
@cahardikmanchanda
2 жыл бұрын
Yes, it will be covered✅
Sir live class Kab loge financial statement of the sole proprietorship ki?
@cahardikmanchanda
2 жыл бұрын
Ek bar syllabus complete krle, phir start krle h live sessions✅
@bunnybun047
2 жыл бұрын
@@cahardikmanchanda Okay sir 👍
Sir batch to show nhi ho rha h apki app pe
@cahardikmanchanda
2 жыл бұрын
Now, batches will be introduced for the next sessions so i will keep you updated jab aapke class 12th ke batches start ho jayenge✅
@moneyheist353
2 жыл бұрын
@@cahardikmanchanda Okk sir
Sir aap live classes kitne bje lete ho batch ki
@cahardikmanchanda
2 жыл бұрын
Aryan, for 11th, batches are going on and syllabus is about to complete. You can download the app to get notified about the upcoming Batches of Class 12th
Sir when will this chapter get complete????? 🥺
@cahardikmanchanda
2 жыл бұрын
Is week me over ho jayega✅
Sir please ya chapter 13 date tak complete Ho jya ga kuki sir 14 sa paper start ha
@cahardikmanchanda
2 жыл бұрын
13th se to pehle hi ho jayega✅
@hardevsingh8677
2 жыл бұрын
@@cahardikmanchanda OK sir and thank you sir aap bhut Aacha samjta ha concept pura clear Ho Jata ha
Bhaiya apk sth live Online class kese attend krein?
@cahardikmanchanda
2 жыл бұрын
Hi Abhijeet, i take online classes on Avyukt application
@abhijeetraikwar.133
2 жыл бұрын
@@cahardikmanchanda Okay Bhaiyaa
Sir Sarswati puja m padhn nhi chahiye n sir log esa bolte .