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Welcome to today's session! In this video, we will learn Not-for-Profit Concern – Revision Illustration 1 from Class 12 Accountancy (HSC Maharashtra Board) with complete working notes, adjustments, and final accounts. This topic holds high importance and weightage in the Maharashtra State Board HSC Board Exam and is essential for students preparing for competitive and professional exams. 📝 Topics Covered: ✔ Not-for-Profit Concern Basics ✔ Balance Sheet Preparation ✔ Receipts & Payments Account ✔ Income & Expenditure Account ✔ Working Notes and Adjustments ✔ Step-by-Step Explanation of Illustration 1 📚 Useful For: 📌 Class 12 Maharashtra Board (HSC) 📌 Commerce Students (Accounts) 📌 B.Com / M.Com Basics 📌 CA Foundation Aspirants 📌 UGC NET Commerce 📌 SSC CGL Finance Section 📌 UPSC EPFO / APFC Exams 📌 Other competitive government exams related to Accounting & Finance 🔥 Why Watch This Video? ✨ Full step-by-step explanation ✨ Exam-oriented approach ✨ Suitable for both beginners & revision purpose ✨ Helps you score better in Accounts Paper 👍 If you find this helpful, LIKE this video, SHARE with your friends, and SUBSCRIBE for more Accountancy lessons! 🛎 Turn on notifications so you never miss the next chapter revision.