WHAT ARE IABILITIES? BASIC ACCOUNTING TERMS. ACCOUNTING.

Transcript

00:00Hello guys, this is Sonia Sethia, your accounts and ecotutor.

00:03Accounting terms we were doing class 11th.

00:05Accounts students ke liye 4th number hai liability.

00:08Amount owed or payable by the business is known as the liability.

00:12Internal liability bhi ho sakti hai, external bhi ho sakti hai.

00:15Internal ka example kya hai?

00:16Capital kyunki business ne paisa liya hai owner se.

00:19Internal liability.

00:20External ka example kya hai?

00:22Credit transaction apne loan liya kisi bhi outsider se.

00:25Liability do tarah mein classified hoti hai.

00:28Non-current liability and current liability.

00:30Non-current kya hai?

00:31Lambe time ke liye.

00:32Payable after a period of more than 1 year.

00:34And current liability kya hai?

00:36Payable within 12 months.

00:37To iska example kya le loge aap?

00:39Non-current liability ka?

00:41Long-term borrowing and loans.

00:43Aur jo hai current liability iska example aap kya le sakte ho?

00:47Creditors, bills payable and short-term loans.

00:50Har ek video mein maine telegram channel ka link de diya hai.

00:55Notes agar aapko chahiye, you can join fata fat.

00:58Right, thank you.