Simple Illustration for Trading Profit And Loss Account
Жүктеу.....
Пікірлер: 94
@halimaali4202 жыл бұрын
Kindly make a class on Income statement with adjustment. I will really appreciate
@DekowMohamedofficial
2 жыл бұрын
I have already made a video on it. You can access via this link kzread.info/dash/bejne/X35r1a-keZC2erw.html
@hadizamahmud1632
2 ай бұрын
Nice I'll check it out
@shamsamohamed5692 жыл бұрын
Nice Illustration, Good lesson for the beginners of accounting
@shelly-annjames27815 ай бұрын
Thank u so much. U yt vids have help me with my classes. Thank u Thank u. Shellz from Jamaica 🇯🇲
@podproof1901 Жыл бұрын
Thank you. You should be a professor powerful stuff
@simransingh40312 жыл бұрын
Thank you so much! video explained everything so well!
@user-zn8bz3go5z5 ай бұрын
Helpful sir.thanks
@muwanikamathias5126 Жыл бұрын
I love your lessons
@CHRISTABELCHITUNGILA-px4tm8 ай бұрын
This is Great
@yusufabdullahi4026 Жыл бұрын
I thank you very much for your guidance
@waterford77362 жыл бұрын
Good work it is sir👍
@junelyn6621 Жыл бұрын
Thank you this is so helpful ❤️
@user-we6dl4jm8e9 ай бұрын
Very helpful. Thanks alot.
@susanngatia82472 жыл бұрын
Helpful....Thank you
@despair_in_the_dark53042 жыл бұрын
Pls fix ur camera correctly..... Its shaking....
@user-sn5ul3dp5t9 ай бұрын
Really appreciate wonderful job u are doin
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
@hasinihewawassm2430 Жыл бұрын
Well described
@shosanyatawakaltu96744 ай бұрын
Fantastic
@nwekeifeyinwa449825 күн бұрын
Thank you It was really helpful for me
@mamudouconateh83083 ай бұрын
Superb
@abdi400bruno72 жыл бұрын
Yes teacher waiting the lesson of back titration please
@Mw3ndwa2 ай бұрын
Good job
@blackjackrecordings Жыл бұрын
life saver
@user-bv9db2bm1g Жыл бұрын
yes sir can you please use this example to solve the balance sheet
@nourabdelnasser27822 жыл бұрын
Thanks sir ❤️
@user-df4sp2ny9j5 ай бұрын
What happens if there is no returns inwards on a trading account
@gracechanda2491 Жыл бұрын
Thank you very much sir
@BillionViewsVideosOnly-qz5ke5 ай бұрын
help me out isnt rent supposed to go on debit side of the trial balance. like other expenses
@mercymwangi11963 ай бұрын
Thank you
@mohamedissack59742 жыл бұрын
Thank you mwalimu
@YawJahbless10 ай бұрын
❤❤❤❤
@gracechanda2491 Жыл бұрын
Kindly make a class for billing system sir
@natashasammanthamwila39972 жыл бұрын
What about if there no returns what should I do? Please help
@husseinali67422 жыл бұрын
I got here very interesting lessons, Mwalim can you help me, I am Diploma student first year and I didn't take business in high school Really need your assistant. Thank you
@DekowMohamedofficial
2 жыл бұрын
You can email me on this dekowmohamed435@gmail.com Or what's app me on This +254791714843 for further communication
@boitumelomphakalasi37152 жыл бұрын
Thank you so much😭 everything makes sense now
@DekowMohamedofficial
2 жыл бұрын
Check out also this One kzread.info/dash/bejne/n46LpJKIhZTAgso.html
@JimsonLeziton-mo9tu
2 ай бұрын
Nothing makes sense...
@nashanton84927 ай бұрын
What if I divide it into two ,,one side [left side] be Dr and the right side be [Cr)
@umukaabhassan7954 Жыл бұрын
Plz make also the balance sheet 🙏 I beg 🙏
@ace_gamer12 Жыл бұрын
Asante
@kampala_code4 ай бұрын
How come the insurance is on the debit side isn't an expense?
@MaryjaneNwokike4 ай бұрын
I need more explanation please
@matthewoluwaseyi13422 жыл бұрын
nice one really appreciate you so much, but you need to improve on the writing, and a black ink would have been better
@abdirahmanhassan73322 жыл бұрын
Waiting for the lesson on comprehensive Income statement, and statement of Changes of equity
@al-aminmediachannel1460
2 жыл бұрын
Kindly send for me your number
@Evelyndiaries Жыл бұрын
Where does bills payable lie income or expenses
@vidurpersaud5516 Жыл бұрын
I don't understand why rent is credit. And rent is a form of expense.
@DekowMohamedofficial
Жыл бұрын
it can be income and expenses. if its on the debit side its rent expense while the credit side it is rent income
@chabotamuyaale-id3gs4 ай бұрын
When writing an Income statement what can you do in a situation where you are not given a closing stock,
@DekowMohamedofficial
3 ай бұрын
You can calculate by applying the formula. COS = OS + P - CS. CS = OS + P - COS
@simonvataleni6829 Жыл бұрын
Bro sales minus return inwards is not 27200
@ceciliahmoige5562 Жыл бұрын
Please consider sharing for Gross loss
@DekowMohamedofficial
Жыл бұрын
Ok
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
@Waamofarms2 жыл бұрын
who can help me to answer my question which is is it possible to calculate trading profit and loss account without closing stock
@DekowMohamedofficial
2 жыл бұрын
You need to calculate the closing stock Remember the Cost of sale = Opening stock + purchase - closing stock. Therefore Make the closing stock subject of the formular. Closing stock = opening stock + purchase - Cost of sale
@TGGiftKhalu Жыл бұрын
How to see if it has balanced?
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
@victoriaamarachi28132 жыл бұрын
Pls Mr dekow what about the creditor amount, N450, where did u post it in the illustration
@DekowMohamedofficial
2 жыл бұрын
I haven't use it, since it affect the balance sheet or statement of financial position. if the question was to require balance sheet Also I could have Post it under current liabilities
@user-ej2nv2wo4p5 ай бұрын
Can you use the other format to do TPL account
@DekowMohamedofficial
3 ай бұрын
Yes
@n-s36733 ай бұрын
I don't mean to correct you sir but rent is an expense to the business hence, it has to be debited in the trial balance.
@DekowMohamedofficial
3 ай бұрын
If it appears on the debit side it's expenses while credit side it is income.
@Littlesomething734 ай бұрын
Fanta +sticks
@user-ef8so1ix8r2 ай бұрын
Plz Sir help me solve this The final account of John for the year ended 31st March 1984 stock of raw materials 1st April 5,568 stock for raw materials 4,642 purchase of raw materials 19,752 sales of finished goods 49,400 Stock stock of finish schools 1st April 1983 6,890 factory power in (direct) 212 factory heat and light (indirect) 68 factory rent and rates (interest) 1,680 Factory wages 15,700 Gross profit for the year 10,206 Net profit for the year 3,740 Capital 17,000 You are required to prepare a, the cost of raw materials used during the year B,the cost of production of goods manufactured during the year C, the percentage of net profit and capitals. The prime cost of production during the year D, the factory overhead expenses incurred during the year
@reubink459 Жыл бұрын
Asanti
@user-kd7sq3pn4r Жыл бұрын
Hae i have a question please it's about statement of income
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
@tendaimuroiwa84503 ай бұрын
How many columns does a trading account, profit and loss has
@user-ni2uk9ee9u11 ай бұрын
What if on the balance sheet there is no returns on sales or purchases. How would the trading account be calculated?
@denelalicia
10 ай бұрын
This is why I came here
@umukaabhassan7954 Жыл бұрын
Plz fix the camera
@HiljaSalonАй бұрын
Hi my friend? I want to now how can I trade, please can you send me a rink?
@factsuniverse24392 жыл бұрын
Where do u live sir
@DekowMohamedofficial
2 жыл бұрын
currently kisumu kenya
@AlameenRabiu-rq5ex Жыл бұрын
Try writing and explained
@michealkelvin2173 ай бұрын
noise with cane is too much
@shacariedwyer9322 Жыл бұрын
why is the opening stock amount in between the Debit and Credit side?
@black_halo1780
Жыл бұрын
There's no debit or credit side on a trading profit and loss account...
@user-jn8kn2ki9g8 ай бұрын
please buy a tripod
@kevicen Жыл бұрын
*Insurance nor insuArance..
@troublemaker23472 жыл бұрын
I don't understand anything here
@umukaabhassan7954
Жыл бұрын
It's ur own fish to fly 🪰
@JimsonLeziton-mo9tu2 ай бұрын
So boring bro
@rabeccawire49382 жыл бұрын
Thank you
@user-bv9db2bm1g Жыл бұрын
yes sir can you please use this example to solve the balance sheet
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
Пікірлер: 94
Kindly make a class on Income statement with adjustment. I will really appreciate
@DekowMohamedofficial
2 жыл бұрын
I have already made a video on it. You can access via this link kzread.info/dash/bejne/X35r1a-keZC2erw.html
@hadizamahmud1632
2 ай бұрын
Nice I'll check it out
Nice Illustration, Good lesson for the beginners of accounting
Thank u so much. U yt vids have help me with my classes. Thank u Thank u. Shellz from Jamaica 🇯🇲
Thank you. You should be a professor powerful stuff
Thank you so much! video explained everything so well!
Helpful sir.thanks
I love your lessons
This is Great
I thank you very much for your guidance
Good work it is sir👍
Thank you this is so helpful ❤️
Very helpful. Thanks alot.
Helpful....Thank you
Pls fix ur camera correctly..... Its shaking....
Really appreciate wonderful job u are doin
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
Well described
Fantastic
Thank you It was really helpful for me
Superb
Yes teacher waiting the lesson of back titration please
Good job
life saver
yes sir can you please use this example to solve the balance sheet
Thanks sir ❤️
What happens if there is no returns inwards on a trading account
Thank you very much sir
help me out isnt rent supposed to go on debit side of the trial balance. like other expenses
Thank you
Thank you mwalimu
❤❤❤❤
Kindly make a class for billing system sir
What about if there no returns what should I do? Please help
I got here very interesting lessons, Mwalim can you help me, I am Diploma student first year and I didn't take business in high school Really need your assistant. Thank you
@DekowMohamedofficial
2 жыл бұрын
You can email me on this dekowmohamed435@gmail.com Or what's app me on This +254791714843 for further communication
Thank you so much😭 everything makes sense now
@DekowMohamedofficial
2 жыл бұрын
Check out also this One kzread.info/dash/bejne/n46LpJKIhZTAgso.html
@JimsonLeziton-mo9tu
2 ай бұрын
Nothing makes sense...
What if I divide it into two ,,one side [left side] be Dr and the right side be [Cr)
Plz make also the balance sheet 🙏 I beg 🙏
Asante
How come the insurance is on the debit side isn't an expense?
I need more explanation please
nice one really appreciate you so much, but you need to improve on the writing, and a black ink would have been better
Waiting for the lesson on comprehensive Income statement, and statement of Changes of equity
@al-aminmediachannel1460
2 жыл бұрын
Kindly send for me your number
Where does bills payable lie income or expenses
I don't understand why rent is credit. And rent is a form of expense.
@DekowMohamedofficial
Жыл бұрын
it can be income and expenses. if its on the debit side its rent expense while the credit side it is rent income
When writing an Income statement what can you do in a situation where you are not given a closing stock,
@DekowMohamedofficial
3 ай бұрын
You can calculate by applying the formula. COS = OS + P - CS. CS = OS + P - COS
Bro sales minus return inwards is not 27200
Please consider sharing for Gross loss
@DekowMohamedofficial
Жыл бұрын
Ok
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
who can help me to answer my question which is is it possible to calculate trading profit and loss account without closing stock
@DekowMohamedofficial
2 жыл бұрын
You need to calculate the closing stock Remember the Cost of sale = Opening stock + purchase - closing stock. Therefore Make the closing stock subject of the formular. Closing stock = opening stock + purchase - Cost of sale
How to see if it has balanced?
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
Pls Mr dekow what about the creditor amount, N450, where did u post it in the illustration
@DekowMohamedofficial
2 жыл бұрын
I haven't use it, since it affect the balance sheet or statement of financial position. if the question was to require balance sheet Also I could have Post it under current liabilities
Can you use the other format to do TPL account
@DekowMohamedofficial
3 ай бұрын
Yes
I don't mean to correct you sir but rent is an expense to the business hence, it has to be debited in the trial balance.
@DekowMohamedofficial
3 ай бұрын
If it appears on the debit side it's expenses while credit side it is income.
Fanta +sticks
Plz Sir help me solve this The final account of John for the year ended 31st March 1984 stock of raw materials 1st April 5,568 stock for raw materials 4,642 purchase of raw materials 19,752 sales of finished goods 49,400 Stock stock of finish schools 1st April 1983 6,890 factory power in (direct) 212 factory heat and light (indirect) 68 factory rent and rates (interest) 1,680 Factory wages 15,700 Gross profit for the year 10,206 Net profit for the year 3,740 Capital 17,000 You are required to prepare a, the cost of raw materials used during the year B,the cost of production of goods manufactured during the year C, the percentage of net profit and capitals. The prime cost of production during the year D, the factory overhead expenses incurred during the year
Asanti
Hae i have a question please it's about statement of income
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
How many columns does a trading account, profit and loss has
What if on the balance sheet there is no returns on sales or purchases. How would the trading account be calculated?
@denelalicia
10 ай бұрын
This is why I came here
Plz fix the camera
Hi my friend? I want to now how can I trade, please can you send me a rink?
Where do u live sir
@DekowMohamedofficial
2 жыл бұрын
currently kisumu kenya
Try writing and explained
noise with cane is too much
why is the opening stock amount in between the Debit and Credit side?
@black_halo1780
Жыл бұрын
There's no debit or credit side on a trading profit and loss account...
please buy a tripod
*Insurance nor insuArance..
I don't understand anything here
@umukaabhassan7954
Жыл бұрын
It's ur own fish to fly 🪰
So boring bro
Thank you
yes sir can you please use this example to solve the balance sheet
@michaelrob6803
6 ай бұрын
Mining crypto isn’t easy but I was able to make a lot of profit use a mining script and platform to generate more profit than the regular trade
Bro sales minus return inwards is not 27200