Accounting Concepts | Class 11th Accounts | Most Important Topic, Easily Explained (Part 1)
Автор: Accountancy by Divyank J
Загружено: 2025-08-31
Просмотров: 113
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📘 Accounting Concepts (Part 1) | Class 11th Accounts |
In this video, we start with the most important foundation of Accountancy – Accounting Concepts. Without these, accounting has no meaning!
👉 In Part 1, we will cover 6 fundamental concepts in detail with easy explanations and examples:
00:00 Introduction
00:54 Going Concern Concept
04:00 Consistency Concept
05:33 Accrual Concept
07:42 Business Entity Concept
09:42 Money Measurement Concept
11:17 Accounting Period Concept
💡 These concepts form the backbone of accounting and are a must for Class 11 Accounts students, especially for building clarity for future chapters and Board exams
✨ By the end of this video, you will understand why these principles are followed, how they are applied, and their importance in real business situations.
🔔 Don’t forget to subscribe to “Accountancy by Divyank J” for more easy and exam-focused lessons on Class 11 & 12 Accounts.
📌 Watch more helpful Class 11 videos here:
👉 Accounting Terms: [link]
👉 Accounting Equation: [link]
👉 Accounting Process: [link]
#AccountsClass11 #AccountingConcepts #AccountancyByDivyankJ
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