Here I have explained Trading Account in detail about its format and I have also solved a practical example.

This chapter is also called as Final Accounts.

After watching this video you will be crystal clear with Trading A/c.

⏱TIMESTAMPS
00:00 - Concept
02:46 - Format
15:48 - Cost of Goods Sold (COGS)
17:04 - Gross Profit
17:45 - Adjusted Purchases
18:43 - Closing Entries
26:01 - Practical Example

This video is especially for Class 11 students.

Next Video: Profit and Loss A/c
https://youtu.be/zalnSZX24x0?si=ziLphuSDC4JZFsVo

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