Basic Concept of Accounting By Saheb Academy - Class 11 / B.COM / CA Foundation

In this video I have explained the basic concept of accounting in a simple way and this is especially for science background students.

Here I have explained
⏱TIMESTAMPS
0:00 - Intro
0:12 - What is Accountancy?
3:03 - Accounting Process
5:06 - 5 Elements of Financial Statements
6:13 - Asset?
8:34 - Expense?
10:38 - Liability?
12:58 - Equity or Capital?
16:38 - Revenue?
17:44 - Practical Example
24:41 - What is Double Entry System?
28:47 - Debit and Credit Balances

This is for the students of CLASS 11, B.COM, BBA, CA INTER, CMA and any other accounting courses.

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