Скачать или смотреть Preparing trial balance and basic financial statements l preparing final accounts 2021

Preparing basic financial statements l preparing final accounts from trial balance 2021

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Videos on financial accounting:
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how to make journal entries in accounting for beginners, how to record journal entries -    • জাবেদা how to make journal entries in acco...  
prepare ledger from journal in bangla-    • prepare ledger from journal in bangla part...  
Definition of Accounting-    • হিসাববিজ্ঞানের সংজ্ঞা Accounting definitio...  
Basics of accounting equation with examples-    • Accounting equation with examples part-1  
Prudence concept -    • হিসাববিজ্ঞানে prudence concept l Understan...  
Accrual and Matching concept -    • What is accrual concept and matching princ...  
Definition of Asset in Accounting-    • Elements of financial statements- definiti...  
Substance over form concept-    • What is Substance Over form? in bangla l উ...  


Videos on Accounting standards:
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IAS 23 (easy understanding with full summary) borrowing costs-    • IAS 23 (easy understanding with full summa...  
IFRS 05 Non current Assets Held for Sale-    • IFRS 05 Non current Assets Held for Sale a...  
IAS 16 - Property Plant and Equipment (Fixed Assets) 2020- Full summary:    • IAS 16 - Property Plant and Equipment (Fix...  
Asset Disposal Explained with journal entries-    • Asset Disposal Explained with journal entries  
Assets revaluation-    • Assets revaluation account- need, concept,...  
Depreciation of Fixed Assets -    • Depreciation calculation straight line met...  
IAS 16 | Property Plant and Equipment (Fixed Assets) part-01_recognition    • ias16 Fixed Assets accounting treatment - ...  


Videos on Quickbooks tutorials:
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Accounting freelancing prospect of Bangladesh 2020 -    • একাউন্টিং ফ্রীল্যান্সিং ও বাংলাদেশের সম্ভা...  
Accounting freelancing Myth vs Reality 2020-    • Accounting freelancing  Myth vs Reality 2020  
Quickbooks sales and purchase VAT (UK) recording procedures-    • Quickbooks sales and purchase VAT (UK) rec...  
Cloud Accounting basics -    • [Bangla] what is cloud accounting? How to ...  
কুইকবুকস বাংলা টিউটোরিয়াল ২০২০ - পর্ব - 0১ -    • QuickBooks Tutorial for beginners in bangl...  
কুইকবুকস বাংলা টিউটোরিয়াল ২০২০ - পর্ব - 0২ -    • QuickBooks Tutorial for beginners in bangl...  
quickbooks bank reconciliation in bangla Part 2-    • quickbooks bank reconciliation in bangla  ...  
quickbooks bank reconciliation in bangla - Part-1-    • quickbooks bank reconciliation in bangla -...  
Quickbooks bank reconciliation in bangla Part 3-    • Quickbooks bank reconciliation in bangla  ...  

A financial statement is a formal record of a company’s financial activity. These plans give a current landscape of your small business and forecast the future vision and plans of the business.
Creating financial statements for your small business starts with your day to day bookkeeping. You will use pull and organize the data from these records to put together your financial statements.
Financial statements are a key part of a business plan that will help your business attract an
investor or obtain bank loans.
Here are the types of financial statements and tips on how to create them:
BALANCE SHEET
A balance shows the assets, liabilities and shareholder equity during a specific period. To create a balance sheet, start by listing your assets on the left side of the page including cash you have in hand and in the bank, the value of the equipment you own, the value of the inventory you have in stock and any other financial assets. On the right side of the page list your liabilities including accounts payable, credit card balances, bank loans and any other money your company owes. Finally, total your assets and liabilities and then subtract your liabilities from your assets. The amount left is known as owner equity.
INCOME SHEET
An income sheet shows revenues, expenses and income or loss for a period. First, gather all types of earnings during the time period the statement will cover. These sources of earnings could be wholesale and retail sales or income from renting out propriety. Next total up all of your expenses such money spent on materials, payroll, advertising, utilities, equipment and rent on business properties. You can find your bottom line by subtracting your total expenses from your total income.

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