Course Content
Introduction to Financial Accounting
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Basic Terms of Financial Accounting
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Rules of Debit & Credit and Analysis of Transaction
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Practice for Financial Statements(Both Trading and Servicing Businesses)
In this, I have uploaded 2 videos in which I have taught how to prepare income statement, balance sheet and closing entries without making adjusted trial balance.Then I have uploaded some practice for you and I will update this list in the future too BECAUSE THE MOST IMPORTANT SECTION OF FFA IS ACCOUNTING CYCLE.
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Accounting for Sales Tax
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Fundamentals of Financial Accounting
About Lesson

Video Link: https://youtu.be/F-wAapXmtNE

“📚 Dive into the intricacies of accounting for sales tax under the Pakistani Sales Tax Act! This detailed lecture covers:
✅ The differences between taxable supplies (standard-rated and zero-rated) and exempt supplies
✅ How to record accurate sales tax journal entries
✅ Key insights to ensure compliance with Pakistani tax laws

Perfect for students, accountants, and professionals seeking to enhance their understanding of sales tax regulations in Pakistan. Don’t miss this essential guide to mastering sales tax accounting!”

 
 
Exercise Files
Accounting for Sales Tax-Entries and Questions.pdf
Size: 243.46 KB
Accounting for Sales Tax-Practice.pdf
Size: 127.95 KB