Application link :- https://play.google.com/store/apps/details?id=com.commerce.wale.guruji

Welcome to **CWG for BCOM**!
In this lecture of **Financial Accounting (Chapter-7)**, we cover the **Financial Statements of a Sole Proprietorship**, including **Trading Account, Profit & Loss Account, and Balance Sheet**. This topic is crucial for **BCOM/BBA Semester 1 (2025–26)** exams and also helps in building a strong foundation for **CA/CS/CMA Foundation** aspirants.

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### **What You’ll Learn in This Video:**

Meaning & Objectives of Financial Statements
Format of **Trading Account** with Examples
Preparation of **Profit & Loss Account**
Format of **Balance Sheet** as per Modern Rules
Adjustment Entries in Financial Statements
Difference between Trial Balance and Financial Statements
Numerical Questions & Practical Problems
Based on DU, IGNOU, BBMKU & Other University Syllabi

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### **Who Should Watch This Video:**

BCOM & BBA 1st Semester Students (2025–26)
CA Foundation / CS Foundation / CMA Foundation Aspirants
Accounting Beginners & Professionals
Hindi & English Medium Learners

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### **Learn More with CWG for BCOM:**

**Download the CWG for BCOM App (Paid Courses Available)**
[Download Now](https://play.google.com/store/apps/details?id=com.commerce.wale.guruji)

**Join Telegram for Free Notes & Practice Questions**
[https://t.me/cwgforbcom](https://t.me/cwgforbcom)

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### **Stay Connected:**

Instagram: [@commercewaleguruji](https://www.instagram.com/commercewaleguruji)
Email: [[email protected]](mailto:[email protected])

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\#FinancialStatements #TradingAccount #ProfitAndLossAccount #BalanceSheet #FinancialAccounting #BCOMSemester1 #CWGforBCOM #CommerceWaleGuruji #AccountingLecture

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