Dear Students
Lecture no 2 is upload on channel that is very important and backbone of all lectures.Please watch and start discussion here
Lecture Link: https://youtu.be/CStCQXN_yA4
Dear Huzaifa
send me all transaction on excel sheet or by the end of this week i will give you dedicated link where you can post all your transaction and get the live results of each entry
7 Responses
Dear Students
Lecture no 2 is upload on channel that is very important and backbone of all lectures.Please watch and start discussion here
Lecture Link: https://youtu.be/CStCQXN_yA4
SIR I WATCH FULL LECTURE AND MAKE SOME TRANSECTION
CAPITAL V LIABILITY
TEST CASE:I receive loan 2 lac from Hamza on june 2024
which one is losing and which one is leading?
my capital is increasing because I receive loan fro hamza and also my liability increasing
ACCOUNT TITLE DR. CR.
MY CAPITAL 200000
LOAN PAYABLE 200000
2.
CAPITLE VS REVENUE
TITLR CASE: I UTILIZE 5000 FOR PERSNAL USE ON 24 JUNE 2024
WHICH ONE IS LOOSING AND WHICH ONE IS LEADING ?
MY CAPITAL IS DECREASING BECAUSE I UTILIZE 5000 FOR PERSNAL USE BUT REVENUE IS INCREASING BECAUSE SALE IS INCREASE
ACCONT TITLE DR. CR.
MY CAPTLE 5000
SALES REVENUE 5000
3.
CAPITAL VS EXPENSE
TEST CASE :I SPEND 10000 FROM MY CAPITAL FOR TRANSPORT EXPENSE ON JUNE 4 2024
WHICH ONE IS LOOSING AND WHICH ONE IS LEADING ?
I SPEND MONEY FROM CAPITAL SO CAPITAL IS DESCREACING AND SPEND ON TRANSPORT EXPENSE SO EXPENSE IS INCREASING
ACCOUNT TITLE DR. CR.
TRANSPORT EXPENSE 10000
MY CAPITAL 10000
4.
CAPITAL VS ASSETS
TEST CASE: I PARCHASE VEHICLE OF pkr 500000 FROM MY PERSON ACCOUNT ON 15 JUNE 2024
WHICH ONE IS LOOSING AND WHICH ONE IS LEADING ?
I PARCHASE VEHICLE FROM MY PERSON ACCOUNT SO MY CAPITAL IS INCREASING AND ALSO MY ASSET IS INCREASING BECAUSE I PARCHAS FIX ASSET
ACCOUT TITLE DR. CR.
ASSET (VEHICLE) 5OOOOO
MU CAPITAL 500000
5.
capital vs capital
TEST CASE :Me transfer capital of 1 lac to HAMZA
NOw which one lossing and which one is leading
MY capital is decreasing becase i transfer my capital to Hamza and hamza’s capital increasing
accout title DR. CR.
my capital 100000
hamza’s capital 100000
SIR PLZ CHECK MY TRANSECTION AND GIVE MY RESPONSE IS IT RIGHT OR WRONG THANK U
Dear Huzaifa
send me all transaction on excel sheet or by the end of this week i will give you dedicated link where you can post all your transaction and get the live results of each entry
SORRY SIR MANA SAHI SA SHOW KIYA NOTE DR CR KA NICHA SHOW KIYA BUT YAHA THORA CHANGE HO GYA
no issue read my above comment
It was difficult to grasp at one go. We hope to get chance to practice it
share your email and your complete name so i can create your credentials