Statement of Affairs in Accounting 045223MJ22

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This lesson features statement of affairs in accounting. We'll learn how to represent assets, liabilities and capital in this statement. We've taken a question from past paper to show you how to answer this type of question in your exam. In this question there is no capital so we will figure out capital using accounting equation Asset = Capital + Liabilities. • This free video lesson is for the students of Class 11, Class 12, B.COM, BBA, Cambridge IGCSE, GCSE, O Level, As Level, A Level, IB, CBSE, GCE, Ed-excel Accounting Syllabuses, and any other accounting courses. Accounting Celebrity features accounting lessons for students which is a convenient way to learn Accounting. • -------- • ►SOCIAL: • / accountingcele1 • / accountingcelebrity • / ashiqur-rahman-mcom-mba-2973a962 • -------- • ►Join our Facebook Group : / 123159889735702 • -------- • #accountingcelebrity #accountingtutorials • -------- • TIMESTAMPS-- • 00:00 | Intro • 00:29 | Question description • 01:19 | Non current asset • 02:40 | current asset • 04:56 | Capital • 05:36 | Non current liabilities • 06:48 | current liabilities • 07:37 | How to find capital • -------- • ► Business Inquiries ONLY • [email protected] • -------- • ►SUBSCRIBE for more TUTORIALS just like this: • / accountingcelebrity • -------- • ►We always appreciate your support. Be a part of the mission to help us reach more students by subscribing and thumbs upping the videos.

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