Basic Accounting Terms Explained in 60 Seconds 🔥📚 #shorts #commerceshorts #class11commerce
Basic Accounting Terminologies (Class 11)
Welcome to Brain Point! In this quick and easy video, we cover the Basic Accounting Terminologies every Class 11 commerce student should know. Whether you’re preparing for your board exams (CBSE, RBSE, ICSE) or just starting your journey into accounting, understanding these terms is the first step towards mastering the subject.
In this video, you will learn about the most important accounting terms such as:
Assets: Resources owned by a business that have economic value.
Liabilities: The company’s financial obligations or debts.
Capital: The owner’s investment in the business.
Revenue: Income earned from business operations.
Expenses: Costs incurred to run the business.
Debit and Credit: The foundation of accounting entries.
These concepts are fundamental for Class 11 students, and also crucial if you’re planning to pursue professional courses like CA (Chartered Accountancy), CS (Company Secretaryship), or CMA (Cost and Management Accountancy).
If you find this video helpful, don’t forget to like, share, and subscribe to Brain Point for more quick commerce lessons and exam tips. We regularly post Shorts and detailed videos covering topics from Class 11 & 12 commerce, B.Com, M.Com, and professional courses.
Stay tuned and keep learning with Brain Point!
#AccountingBasics #Class11Commerce #AccountingTerminologies #CAFoundation #CSFoundation #CMAFoundation #BrainPoint #CommerceShorts #StudyTips
Видео Basic Accounting Terms Explained in 60 Seconds 🔥📚 #shorts #commerceshorts #class11commerce канала Brain Point
Welcome to Brain Point! In this quick and easy video, we cover the Basic Accounting Terminologies every Class 11 commerce student should know. Whether you’re preparing for your board exams (CBSE, RBSE, ICSE) or just starting your journey into accounting, understanding these terms is the first step towards mastering the subject.
In this video, you will learn about the most important accounting terms such as:
Assets: Resources owned by a business that have economic value.
Liabilities: The company’s financial obligations or debts.
Capital: The owner’s investment in the business.
Revenue: Income earned from business operations.
Expenses: Costs incurred to run the business.
Debit and Credit: The foundation of accounting entries.
These concepts are fundamental for Class 11 students, and also crucial if you’re planning to pursue professional courses like CA (Chartered Accountancy), CS (Company Secretaryship), or CMA (Cost and Management Accountancy).
If you find this video helpful, don’t forget to like, share, and subscribe to Brain Point for more quick commerce lessons and exam tips. We regularly post Shorts and detailed videos covering topics from Class 11 & 12 commerce, B.Com, M.Com, and professional courses.
Stay tuned and keep learning with Brain Point!
#AccountingBasics #Class11Commerce #AccountingTerminologies #CAFoundation #CSFoundation #CMAFoundation #BrainPoint #CommerceShorts #StudyTips
Видео Basic Accounting Terms Explained in 60 Seconds 🔥📚 #shorts #commerceshorts #class11commerce канала Brain Point
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20 мая 2025 г. 15:32:39
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