Basics of Balance Sheets | Tally Entries: Balance Sheet Mein Kya Asar Hota Hai?

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Topics covered in the video:-

The balance sheet shows what a company owns (assets), owes (liabilities), and its net worth (equity).
Assets are things the company owns, like cash, buildings, and inventory.
Liabilities are what the company owes, including debts and obligations.
Equity is the leftover value for shareholders after covering liabilities with assets.
Working capital is the difference between what's owned and what's owed in the short term.
Retained earnings are profits kept in the company instead of paid out as dividends.
The debt-to-equity ratio compares how much a company owes to how much it's worth.
Cash and cash equivalents are readily available funds.
Inventory is the value of goods ready for sale or in the production process.
Accounts payable are short-term debts to suppliers.
Accounts receivable are money owed to the company by customers.
Intangible assets include non-physical assets like patents and trademarks.
Shareholders' equity includes investments from shareholders and accumulated profits.

Timing ➖
0:00 Introduction
0:39 what is Balance sheet?
1:20 All about Balance sheet
3:50 What is liability?
4:26 what is assets?
5:20 What is Equity?
5:56 current liability & Non current liability
7:39 Current assets & Non current Assets
10:14 how to read balance sheet?
12:30 Tally entries:- effect in the balance sheet


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Accounts advice
Diya Patel
Accounting and Compliance Mentor