Class 11 Accounts Chapter 4 | Bases of Accounting Full Chapter & NCERT Solutions 2022-23
1,847👉Previous Video : https://www.youtube.com/watch?v=oTqz0DIg_z4
👉Next Video : https://www.youtube.com/watch?v=_QBi7HRUGgc
✔️📚👉 Watch Full Free Course: https://www.magnetbrains.com
✔️📚👉 Get Notes Here: https://www.pabbly.com/out/magnet-brains
✔️📚👉 Get All Subjects Playlists: https://www.pabbly.com/out/all-videos-playlist
===============================================
📢 Full Playlist Link: https://www.youtube.com/playlist?list=PLVLoWQFkZbhWt47SsOOKEwuPms53Gdz5v
✅ In this video,
✔️ Class: 11
✔️ Subject: Accounts
✔️ Chapter: Bases of Accounting
✔️ Topic Name: Bases of Accounting Full Chapter & NCERT Solutions
✔️ Topics Covered in This Video: Full Chapter Explanation & NCERT Solutions of Class 11 Accounts Chapter 4 Bases of Accounting
=======================================================
00:00 Introduction: Bases of Accounting Full Chapter & NCERT Solutions
00:52 Bases of Accounting
05:20 Difference Between Accrual Basis of Accounting and Cash Basis of Accounting
16:36 Illustration 1 & 2 & Solutions: Bases of Accounting Full Chapter & NCERT Solutions
Illustration 1: During the financial year 2018-19, Ashok had cash sales of 3,90,000 and credit sales of 1,60,000. His expenses for the year were 2,70,000, out of which 80,000 is still to be paid. Find out Ashok's income for 2018-19 following the Cash Basis Of Accounting.
21:35 Question 1 to 2: Higher Order Thinking Skills (HOTS) Questions: Bases of Accounting
Q.1. Dr. Arvind Kishore, a homeopathic doctor in practice has been advised by his Accountant to maintain his accounts on Accrual Basis instead of the presently followed Cash Basis of Accounting. Do you agree with the advice of the Accountant? Give reason.
25:54 Question 1 to 5: Multiple Choice Questions (MCQs): Bases of Accounting
1. Under the Cash Basis of Accounting, expenses are recorded
30:05 Meaning of Accounting Principles
31:40 Necessity of Accounting Principles
32:51 Features of Accounting Principles
34:28 Meaning and Nature of Accounting Principles
36:19 Fundamental Accounting Assumptions or Concepts
36:44 Fundamental Accounting Assumptions
42:44 Accounting Principles (Others)
55:48 Accounting Standards
57:31 Objectives of Accounting Standards
58:49 Utility of Accounting Standards
01:02:35 Question 1 to 10: NCERT Solutions- Short Answers
Q1. Define accounting.
01:20:37 Question 11 to 20: NCERT Solutions
Q11. If the accounting information is not clearly presented, which of the qualitative characteristic of the accounting information is violated?
02:32:36 Website Overview
=======================================================
📢 🔥 Available (Kindergarten to 12th) all Video Subject wise Playlist https://www.pabbly.com/out/all-videos-playlist
Why study from Magnet Brains?
Magnet Brains is an online education platform that helps gives You NCERT/CBSE curriculum based free full courses from Kindergarten to Class 12th so that you can perform well in any and all exams you give in your academic career.
👉 Contact us 🤑🤑
➡️ Connect with us : magnetbrainsbhopal@gmail.com
➡️ Website : https://www.magnetbrains.com/
➡️ Subscribe to us on YouTube: https://www.youtube.com/channel/UC3HS6gQ79jjn4xHxogw0HiA?sub_confirmation=1
➡️ Subscribe to Magnet Brains Hindi Medium : https://www.youtube.com/channel/UCwO6AYOIRYgyP1KJ5aPbDlw?sub_confirmation=1
➡️ Subscribe to Magnet Brains IIT JEE & NEET: https://www.youtube.com/channel/UC-PZSEHaQOcJiSTsbJMohZQ?sub_confirmation=1
➡️ Subscribe to Magnet Brains Competition : https://www.youtube.com/channel/UC0PA9wn-FAXk0HsiCmg9gSA?sub_confirmation=1
➡️Facebook-: https://www.magnetbrains.com/out/facebook
➡️Telegram-: https://www.magnetbrains.com/out/telegram
➡️Instagram:-https://www.magnetbrains.com/out/instagram_main
#2022#2023#2022_23
Disclaimer: "This video is for educational and informational purposes only and is not intended to infringe on any copyrights. If you believe that this video has used any copyrighted material in a way that constitutes copyright infringement, please contact us at contact@magnetbrains.com and we will take appropriate action."
Other Videos By Magnet Brains
Other Statistics
Accounting Statistics For Magnet Brains
Magnet Brains currently has 7,998,086 views spread across 113 videos for Accounting. His channel published over 5 days worth of content for the game, making up less than 0.35% of the total overall content for Accounting on Magnet Brains's YouTube channel.