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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.

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