Lecture 2 Basic Accounting Terms | Class 11 accounts 2024-25 | What is Liability in Accounts
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Welcome to the first lecture in our Class 11 Accounts series for the 2024-25 academic year! In this video, Zafar Sir will introduce you to the basic accounting terms.
📚 Title: Lecture 1: Basic Accounting Terms
🔔 Instructor: Zafar Sir
03:43 Liability
13:08 Creditors
18:40 Bank overdraft
25:13 Outstanding Expenses
27:25 Classification of Liabilities
31:40 Internal Liability
33:10 External Liability
34:57 Non Current Liability
39:10 Current Liability