
Financial Statements of Sole Proprietorship - Assertion & Reason Que | Class 11 Accountancy Ch 18
👉Previous Video: • Financial Statements of Sole Propriet... 👉Next Video: • Video ======================================================= ✔️📚👉 Watch Full Free Course Videos: https://www.magnetbrains.com ✔️📚👉 Grab E-book & E-Notes by Expert Teachers Here: https://www.magnetbrains.com/notes ======================================================= 📢 Full Playlist Link: • Class 11 Accountancy (By Ambika Ma'am... ✅ In this video, ✔️ Class: 11th ✔️ Subject: Accountancy ✔️ Chapter: Financial Statements of Sole Proprietorship (Chapter 18) ✔️ Topic Name: Assertion and Reason Based Questions ✔️ Topics Covered In This Video (By Ambika Singh Ma'am): In this captivating video, Ambika Singh Ma'am guides you through the fascinating realm of Class 11th Accountancy, focusing on the topic of "Assertion and Reason Based Questions" within Chapter 11 Financial Statements of Sole Proprietorship. Dive deep into the captivating world of accountancy as we explore key concepts essential for success in your studies. Join us as we simplify complex topics and make learning fun and engaging for all Class 11th students. ======================================================= 00:00 Introduction: Financial Statements of Sole Proprietorship - Assertion & Reason Que 03:02 Que. 1 Assertion (A): Balance of Petty Cash is Cash in Hand and hence is an asset. 17:04 Que. 3 Assertion (A): Purchased Goodwill is a Current and Intangible asset. 23:50 Que. 5 Assertion (A): Trading Account is prepared to determine Gross Profit. Reason (R): Trading Account is part of final accounts. 35:29 Que. 8 Assertion (A): Balance Sheet shows financial position of the firm. 42:50 Que. 10 Assertion (A): Balance Sheet is prepared in the order of Liquidity. 46:22 Website Overview ======================================================= Why study from Magnet Brains? Magnet Brains is an online education platform that helps to gives you NCERT/CBSE curriculum-based full courses free 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: [email protected] ➡️ Website: https://www.magnetbrains.com/ ➡️ Subscribe to us on YouTube: / @magnetbrainseducation ➡️ Subscribe to Magnet Brains Hindi Medium: / @magnetbrainshindimedium ➡️ Facebook:- https://www.magnetbrains.com/out/face... ➡️ Instagram:- https://www.magnetbrains.com/out/inst... #class11 #accountancy #cbse #ncert #cbse2024_25 #chapter18 #class11accountancy #financialstatements #soleproprietorship #assertionreason #studyaccountancy #accountancyquestions #magnetbrains financial statements of sole proprietorship class 11 assertion and reason based questions accountancy class 11 accountancy chapter 18 questions cbse class 11 accountancy exam tips financial statements chapter 18 summary assertion reason questions for class 11 accountancy class 11 accountancy financial statement explanations 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 [email protected] and we will take appropriate action."