Скачать или смотреть Class 11 Accountancy Introduction to Accounting limitations of Accounting part 6 ts grewal

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*📘 Class 11 Accountancy – Introduction to Accounting Part 6 | Limitations of Accounting | TS Grewal Book | CBSE 2025*

Welcome to another session of our **Class 11 Accountancy lecture series**! 🌟
In this video, we will cover *Part 6 of the Chapter “Introduction to Accounting”* from the **TS Grewal Book**, focusing on an important concept — **Limitations of Accounting**.

This video is perfect for *CBSE Class 11 students**, **beginners**, and **freshers* who want to understand accounting in *simple, clear, and exam-oriented language**. We will break down the topic step-by-step, explain each limitation with **easy examples**, and highlight important **exam points* from the latest **CBSE syllabus 2025**.

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🧾 *Topics Covered in This Video*

1. *Recap* of Accounting Meaning and Objectives
2. *What are the Limitations of Accounting?*
3. **Detailed Explanation of Each Limitation**, including:

Accounting ignores qualitative information
Based on historical cost
Affected by personal judgment
Possibility of window dressing
Incomplete information
Not free from errors and frauds
Ignores the effect of price level changes (inflation)
Limited to monetary transactions only
Cannot measure efficiency completely
Not always comparable due to different accounting methods
4. *Examples and simple illustrations* for better understanding
5. *Important questions and short notes* for revision

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💡 *What You Will Learn*

After watching this video, you will clearly understand:
✅ The *shortcomings and drawbacks of accounting*
✅ Why accounting information cannot always give a complete picture
✅ How limitations affect *decision-making and financial analysis*
✅ How to *write short and long answers* about the topic in your exams
✅ The difference between *advantages and limitations* of accounting

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📘 *Importance of This Topic*

While we already studied the *Advantages of Accounting* in the previous part, knowing its *limitations* is equally important. Accounting provides useful information, but it also has certain *restrictions* that every business, accountant, and student must be aware of. Understanding these limitations helps in interpreting financial statements more accurately and avoiding wrong conclusions.

This topic often appears as *3-mark or 4-mark questions* in CBSE exams and is also useful for higher studies in commerce, such as **Class 12 Accountancy**, **CA Foundation**, or **B.Com**.

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🏫 *Why Watch This Video?*

Explained in *simple and easy language* for beginners
Based on *TS Grewal Book (Latest Edition)* and *CBSE 2025 Syllabus*
Covers *all points with real-life examples*
Perfect for *school exams and board preparation*
Helps you write *exam-ready answers* with keywords and structure
Ideal for *Class 11 commerce students* who want conceptual clarity

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🎓 *About This Channel*

This channel is dedicated to making *Class 11 Accountancy, Business Studies, and Economics* simple and fun to learn. Each video in our *TS Grewal-based Accountancy Series* covers important topics step-by-step, with **easy explanations, notes, and examples**.

If you find this video helpful, please *like 👍, share 🔄, and subscribe 🔔* for more videos in the **Class 11 Accountancy Chapter Series**. Stay connected for upcoming parts and full chapter revisions!

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