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Video tutorials - Elements of Book-keeping and Accountancy: Accounting from Incomplete Records (Central Board of Secondary Education (CBSE))

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Topic:   Accounting from Incomplete Records

Video Series

We have provided more than 1 series of video tutorials for some topics to help you get a better understanding of the topic.

Series 1


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shaalaa.com | Accounts from Incomplete Records (Single Entry) Lecture 1

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Accounts from Incomplete Records (Single Entry) Lecture 1 [01:07:23]
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Accounting from Incomplete Records
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Description

  • Meaning; preparation of statement of Profit, statement of affairs. [statement of affairs method only]

Learning Outcomes:-

The learner would be able to:-

  • State the meaning of incomplete records
  • Understand the uses and limitations of incomplete records
  • Develop the skill of computation of profit/loss by preparing Statement of Profit
  • Develop the skill of preparing ‘Statement of Affairs’ and to know the position of business on a particular state
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