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Thread: Accounting 3 urdu

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    sia842 is offline Advance Member
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    Default Accounting 3 urdu

    Webhosting in Pakistan

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    next class mian hum journal, ledger our trial balance ke bare main jane ge.with example
    ALLAH HAFIZ

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    asad10 (31st May 2014), Baazigar (7th July 2013), Eng Ahtasham (8th July 2013)

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    Baazigar's Avatar
    Baazigar is offline V.I.P
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    Badi Shiddath se Intezaar thaa Iss Class Ka.

    Nice Explanation in great way and will be waiting for the next class.

    Kindly keep continue until complete course.

    Jazak Allah Khair.

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    Eng Ahtasham's Avatar
    Eng Ahtasham is offline Advance Member+
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    بہت اچھے طریقے سے سمجھایا ہے آپ نے
    ہمیں آپ کی اگلی کلاس کا انتظار رہے گا

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    sir, aap ny mera queston abhi tak ans nahi kiya
    questin is, what's the difference between income and revenue?

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    sia842 is offline Advance Member
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    Quote Baazigar said: View Post
    Badi Shiddath se Intezaar thaa Iss Class Ka.

    Nice Explanation in great way and will be waiting for the next class.

    Kindly keep continue until complete course.

    Jazak Allah Khair.
    sorry aap ko intzar krna para
    In Sha Allah next class b kal tak post kr doun ga, jis main hum recording our un kr separate account banana our trial balance banana sekhe ge.
    Thanks

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    sia842 is offline Advance Member
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    Quote Eng Ahtasham said: View Post
    بہت اچھے طریقے سے سمجھایا ہے آپ نے
    ہمیں آپ کی اگلی کلاس کا انتظار رہے گا
    thanks brother
    In SHa Allah kal next class post kr doun ga

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    sia842 is offline Advance Member
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    Quote aazish hunain said: View Post
    sir, aap ny mera queston abhi tak ans nahi kiya
    questin is, what's the difference between income and revenue?
    sorry aap ko wait krna para actully main iss ka separate thread bana chah raha tha
    chale aap ko explain krte hai
    Revenue
    ye company ki wo earning hoti hai jo company apni main or direct activities say hasil krni hai,
    for example
    from sales of goods and services
    income:
    ye company ki overall earning hoti hai jo direct our indirect (receive rent or interest) way say jo hasil hoti hai
    ager hum net income ki baat kre
    net income
    sale - cgs-operating expanses+other income-tax = net income
    other income(receive any rent or interest or nay other gain)

    Gain
    kisi chez k asal say zaida hasil kia jaye
    for example
    20000 ki machinery 25000 main sale kr di

    Profit
    profit 2 kism k hote hai
    1)Gross profit
    gross profit is a profit of the product
    sale-cgs= gp
    net profit
    net profit is a profit of the firm
    less operating expenses from the gp


    i hope aap ko samjh aa gai ho gi
    ager koi masla how to pouch bata deta

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    asad10 (31st May 2014)

  10. #8
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    to phir, gain or revenue may kaya difference hoa?
    for example, we have defected inventory and due to an accountant's mistake, we have recorded it at cost while it should be recorded on NRV.
    when we sale this defected one, what will be inflow, gain or revenue according to IAS-18?
    case#2: now inventory is not defected but we sale it also above sale price and surplus above sale price is significant. Do we classify it as revenue as it is in ordinary course of business or classify it as gain(according to you) as it is above normal price?

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    Quote aazish hunain said: View Post
    to phir, gain or revenue may kaya difference hoa?
    for example, we have defected inventory and due to an accountant's mistake, we have recorded it at cost while it should be recorded on NRV.
    when we sale this defected one, what will be inflow, gain or revenue according to IAS-18?
    case#2: now inventory is not defected but we sale it also above sale price and surplus above sale price is significant. Do we classify it as revenue as it is in ordinary course of business or classify it as gain(according to you) as it is above normal price?
    Ok first answer me what is inventory?

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    aap ka shukria k aap nay accounting ka course start kia hai. plz is ko continue rakhna.

  13. #11
    sia842 is offline Advance Member
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    Quote computerlearner said: View Post
    aap ka shukria k aap nay accounting ka course start kia hai. plz is ko continue rakhna.
    G In Sha Allah yr jari rehe ga

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    Quote sia842 said: View Post
    Ok first answer me what is inventory?
    Sir, inventory kaya hy, ye kessa question kiya aap ny?
    inventory kuch b ho sakti hy, means material stock, cars, generator etc. anything in which entity deals in its normal course of business and generate revenue!!!!!!

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