I'm sure no one in youtube world has this many questions in 7 mins to tell , absolutely fantastic 🤗

The best part of this video is, it normalised IIM Interviews. It will connect to all common students !

For accounting of livestock u need to apply Ind As-41 " Biological assets" .... For new born calf the entry should be Biological Asset A/C ...... Dr (Fair value) To Income statement A/C

Literally I’m an business management aspirant cause I can’t found myself in any other field and this video clarify my so many doubts regarding MBA tho it was an interview but still this video motivates me to work on my communication skills as well as vocabulary.

This brought back a lot of memories. And though I give job interviews still; being a “serial” job-switcher…The MBA interview is another level altogether- it’s unpredictable and random yet when you look back it makes a lot of sense somehow. Great content !

Meanwhile me(an engineer): What just happened here? 🤣🤣

The efforts that goes into making videos like these. Commendable 👍👍

The editing and the animation of the videos nowdays are just 🔥🔥🔥🔥. So happy to see you making shorts and reels.

These interviews are so sweet. I mean the animations are not very intensive but still every emotion is reached to us.

I was laughing seeing the middle panelist what a lovely animation😂 But thanks for the video. Who guessed you couldn't answer the question on Cadbury but got placed in the same company after 2 years

Really admire your communication skills and voice. Thanks for sharing your experiences looking forward for more

This was hilarious! Seems like everyone loves accounts and economics.. usme bhi indifference curve seems to be their favourite topic. Online interviews aren't this fun, especially if you have an evening slot, most interviewers are already winded.. PS I had the tell me about yourself question in two Interviews, and I gave the worst answer possible, so was happy baad mein woh nahi pucha :)

Thank you Shweta mam for sharing your experience, it would be great if you could share more such videos with other institutes and also other people

Your efforts are priceless didi and we look upto you! Thank you very much for this!!

Thanks Shweta Ma’am, Your videos really help me a lot to get insight of preparations and interview experiences, I have a request Please make a video on FMS delhi interview also.

I saw this video for the first time and its content are awesome 👍

Me, who scored 55% in my graduation and having 2 years of executive experience. Crying in corner that I never ever gonna get IIM interview call

Ek number mam 😇😇 Such a cool environment u made for us is really commendable.... 👍 Hats off mam🙌👏

Accounting entries are limited to financial transactions. Those events are recorded which involves a financial transactions. Hence cow giving birth to a calf cant be recorded in a journal.

IND AS 41, Agri Income ( Scope : Non bearer plant & Animal as Biological Assets) JE : Biological Assets Dr to P & L account Amount : Fair value less cost to sell Likewise, Cow gives Milk. Milk having no cost for Dairy Farmer. So, it is also transferred to P&L. Inventory Dr to P&L. Valuation as per IND As 2.. Thanks

Okay!! Answer to the thumbnail question Ind as 41 which prescribes Accounting for Biological asset Accordingly the entry will be "Biological asset (cattle) dr. To profit and loss account" Accounted at fair value on date of birth of cattle.

It is an fantastic video that will help me out the interview purpose........

Not internal check, It is called Segregation of Duty. Joining hand : answer is Have Whistleblower Mechanism as per SEBI LODR & Corporate Governance

Shweta Mam will always bring something interesting on the table. Loved this video ❤️

Lots Of Love and Best wishes From Our Study Family ❤️💐💐💐

Even u remember the questions asked in the interview, if I was there I will be get dumbed at the first question but honestly you gave the answers perfectly I want to know how you think of answers quickly after they ask I m really so dumb 🙂

The panelists looked quite interested in Economics. Really happy!!

What i have observed from your interview is that they asked many basic questions... As a student of class 12 from commerce stream i think the interview was Pretty easy they asked most of the things which we've been teached in class 12th and 11th

had fun hearing the interview.... good for learning as well soothing..

So funny.... 😂😂 Really loved your representation, back ground music 😂😂😂

Good one Upto the point & crisp, No timepass.

Hi Shweta, lately I became one of your followers, true that I am an MBA aspirant still on the other side which is completely irrelevat to this video or any interview. I watch a lot of Anime series, the kind of expressions u were giving it is just up to the level of the voice artists who works at anime. I feel apart from all the talent which u possess right now, u also have the potential to become a voice artist. Wish to listen to your voice in a serise some day, Thanks

I'm a english hons. student. If I ever get a iim interview call I wonder what they'll ask me cause If they ask me question like these I can't answer anything 💀

superb di, it was knowledge with fun too :)

Gosh di so many random questions 😂Love how you portrayed the interview with the animation and narration ❤️ And you remembered the interview in so much detail ❤️

Calf Dr To Cow Cr (Calf would be treated as an Asset, nd it came into this world means DEBIT WHAT COMES IN nd Cow is the giver, CREDIT THE GIVER)

most of these qs are class 12 commerce level, and I tried doing the cow journal entry when i saw the title and got it right :))

The journal entry question was tested from IND AS 41. Biological Asset (FV/cost) To PL (FV/cost) You almost got it correct. Secondly, what was missing in the nirav modi case from PNB's side was a proper internal control or rather an IT related internal control that failed to prevent detect or correct the misstatements.

The journal entry will be Biological asset A/C Dr To Statement of PL Accounting as per IND as 41

Very glad to know that you are also graduated from kmc becoz I'm currently pursuing my bcom (h) from the same college

Everytime watching your videos excites me a lot and makes me energetic even though I was feeling somnolent after watching a lecture.

Thank you ! Next video topic - all about FABM course in IIMA I know you are from marketing background Per se but please make a video on this topic 🥺🥺

Wow apperciate your effort 👏👏.

Good video but I think there should be no journal entry for cow giving birth to the calf since as per IAS 41, only the cost of rearing animals can be recognised in the financial statements. A cow giving birth to a baby calf does not invlove any exchange or outflow of resources, which can be identified as a transaction.

Hi you do videos about pre iim prepare and post iim jobs. I appreciate that. This is in request please do videos on what is taught in iim which makes it best . Please share information about iim course structure,year calendar, day routine, and scholarship for fee waiver by iim,etc..........in short please do share what happens in iim I will be grateful if that is done Thank you all your knowledge sharing You do great things :)

You are super in interaction. Applause 👏 for you

Thanks to you made a good video

Informative video keep making more videos like these.

So the IIM-C interview is that easy! Unbelievable!!

Share someone's interview experience whose academic scores were low

Really like the new intro😉

Ma'am, can you make a detail video in MBA in IT. It would be very helpful if you do so.😊

Great presentation, it was fun to see this video on 1.5x.

For the first Q journal entry would be -> Live stock ac Dr To capital ac cr

interesting presentation in the video👌👌👌

Thank you so much for the video 👌

Biological Asset dr To Profit and Loss Account

Thank you so much ma'am 😊

Thank you so much. This helped me alot Can you plz share your iim indore interview experience also . This can help us alot

are these interviewers always this smiley smiley or tough too?? 😂😂 thanku for sharing this!!

Ohh.... everything i want ot know is coming in front of me on this channel.....🤘🏻💯

I think If a cow gives a birth than this transaction shouldn't be recorded reason being As per accural concept of accounting we always recorded income and expenses when it's actually occrus or happens. So we will record this transaction once we receive outcome after birth. 😊👍

The biggest question is: What was the candy offered?

Awesome Inc

Didi as an bcom aspirant you made it too two iim I can also made it with dedication and smart work

sister how to study like mba student of iim if you are studying in normal college

THE ENTERY IS LIVESTOCK ACCOUNT DR TO P AND L ACCOUNT P AND L ACCOUNT DR TO CAPITAL ACCOUNT

Mam please make a vedio on composite score eligibility criteria of all 20 IIMS , as many of CAT aspirants simply wasting their time buy getting prepared for exam even without aware of composite score that every particular IIM college contain . But here good part is through CAT we can join top b schools but not our dream college of IIM if and only if CS is more than 0 .7.

Best best best ♥️

I love and love your videos

Birth of a livestock cannot be an entry in the book of account as there is no transaction involved. IAS 41 only recognizes the cost of rearing animals in financial statements (cost of Fodder, labour etc)....... If you are a CA or a CS .... this wouldn't be a tricky question actually..... Its challenging for a graduate though.

Shweta Dii Thankyou for the amazing work you're doing! It really keeps me going forward, even when I'm demotivated to the core Could you please make a video on student exchange programs? There's a lot of hype about it, but really don't know how would that add value, would need to start saving for the same incase that aligns with my MBA objective Thanks a lot!

Well done didi 👍👍

I really appreciate the cow journal entry I debited assets a/c but I didn't know what is create in this case.. thank you it's very inspiring video. Please share a video about books which you like.

Please make a video on NCFM.

As per Ind AS 41, fair value of biological asset less cost to sell shall be included in P&L account. So your answer is also correct.

Very cute and informative video.

Mam i think the journal entry for selling a cow will be Cash A/C------DR To livestock A/C

It was very helpful, can you please share your IIM Ahmedabad interview of yours.

This was sooo entertaining to watch 😂😂😂😂

In journal entry When a calf is born - appreciation right As u said the credit should be capital account but in case a company then how u credit capital a/c . Suppose that calf after its life it retired or cessation or death takes place again you should debit capital? Or else p&l. In dairy or poultry( birth/death )increase or decrease of animal or even milk(inventory) is routine transaction .how this appreciation affected to capital on a daily basis? 🧐 Any how nice interview experience. Thanks

To my surprise i knew all these answers 😂 Only exception is i like finance

I have a doubt if we sell our asset (calf) it should be credited because assets decrease in credit side so the entry should be Bank ac To cow's ac

​ @Shweta Arora Ma'am can you please make a video about whether an MBA from IIT Bombay, Delhi, or Kharagpur is worth it. Every video has a consensus that yes, it is because of the average package and ROI. However, the B-school experience is much more than that, so please explain the differences in the after-effects of an MBA from IIT and IIM with respect to the alumni network, job opportunities, social status etc.

He shweta mam.. ur videos always help me a lot.... I m studying for this year's cat... And i am having problems solving quant questions... Hardly i can reach to the answer. This happened with you too in 3-4 months of beginning of study?

Appreciation of Asset

ma'am i am from Bsc agriculture field.. so will they ask these marketing questions or current issues.. i really don't know to whom should i ask..

Ind As 41 deals with this the calf is the be valued at Fair value. You'll debit biological assets i.e calf and credit fair value gain. It would be business income and not capital gain.

Mam can you please share the name of the NSE certificate you mentioned in the video?

I really loved the graphics, can you please tell with which app we can make or what skill is needed?

Emojis cracks me up in this 🤣🤣

i hope they are not recruiting any IAS officer...i seriously don't know answers of 80% questions

👍👍👍

Great vid

lol..it is not related to financial or money transaction.. need not maintain journal entry. add: to live stock.

saw this video after an engineers interview and after that video i was horrified but then after seeing this video i am a little bit relaxed because most of the terms are familiar

The questions scared me 🤣 coz I don't remember anything from my college studies

Before clicking on the video I predicted the journal entry to be : Livestock ac ...Dr To capital ac (Btw I've just entered in the 3rd y of bcom)

5:24 to 5:27 that confusing smile 😍

👍👍