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In this video I have explained the concept and the whole structure of Contract Costing chapter of Cost Accounting. Here we have discussed 1. Concept 2. Format of Contract A/c and its contents. 3. Old Syllabus vs New Syllabus 4. Contractee A/c 5. Balance Sheet Extract ⏱TIMESTAMPS 00:00 - Intro 00:12 - Concept 04:38 - Format of Contract A/c 06:00 - Material 08:45 - Expenses 09:04 - Plant 13:24 - Sale of Plant / Material 16:17 - Abnormal Loss 18:16 - Material Returned to Store 19:35 - Work in Progress 23:13 - Profit / Loss 29:39 - Contractee A/c 31:25 - Balance Sheet Extract Next #2 Contract Costing - Problem 1 • #2 Contract Costing - Problem 1 - B.C... Join SILVER CLUB to get access to PREMIUM VIDEOS: / @sahebacademy This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus. PDF Notes (Telegram) https://t.me/sahebacademy7 Process Costing Playlist • Process Costing - B.COM / CA INTER Material Costing Playlist • Material Costing - B.COM / CMA / CA I... Labour Costing Playlist • Labour Costing - B.COM / CMA / CA INTER Clear your doubts by direct messaging us on Instagram / sahebacademy Please Like, Subscribe and Share this video on your social media account. #CostAccounting #BCOM #CAINTER