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🔥 Confused between Tangible, Intangible & Fictitious Assets? Watch this lecture to clear every doubt in just one go! Assets किसे कहते हैं ? Assets कितने प्रकार के होतें हैं ? II Assets and its types ? II This video is specially made for Class 12 Commerce students studying the subject of Accounts under the CBSE curriculum. In this lecture, we have covered some very important foundational topics that build the base for understanding goodwill accounts and assets in business. In this Lecture No. 26, you’ll learn in detail about Assets and its types, including tangible assets accounting, intangible assets, and fictitious assets. We start by understanding tangible and intangible assets, and the difference between tangible assets and intangible assets, with simple real-life examples. Students will also learn tangible assets kya hota hai, and how they are treated in tangible assets accounting and tangible fixed assets under financial statements. Next, we move to fictitious assets, where I have explained the fictitious assets meaning, define fictitious assets, and discussed fictitious assets examples along with the difference between fictitious assets and deferred revenue expenditure. You’ll also understand fictitious assets meaning in Hindi, which helps to remember concepts better. After understanding assets, we dive into one of the most conceptual topics — Goodwill. This lecture gives you complete clarity on goodwill accounts, goodwill in accounting, and goodwill in financial accounting. You’ll learn what goodwill class 12 actually means, its features of goodwill, and the meaning and features of goodwill in an easy and story-based manner. I have also explained the nature of goodwill, need for valuation of goodwill, and factors affecting goodwill — these are key areas often asked in board exams. You will clearly understand factors affecting goodwill class 12, factors affecting the valuation of goodwill, factors affecting the value of goodwill, and factors determining the value of goodwill. Every factor of goodwill is discussed with relatable business examples. For those preparing for competitive exams or quick revisions, this lecture gives a crisp and conceptual view of goodwill accounts class 12 one shot, goodwill class 12 one shot, and accounts goodwill class 12 one shot. It’s like having a goodwill accounts funda that simplifies even the toughest parts. You’ll also get insights into class 12 accounts goodwill journal entry, class 12 accounts goodwill nature and valuation, and how partnership accounts goodwill is handled practically in accounts goodwill chapter. This video gives a conceptual as well as practical approach to goodwill in partnership accounts, including class 12 accounts goodwill nature and valuation oneshot and class 12 accounts goodwill questions. For students looking for quick revisions, this lecture is equivalent to goodwill class 12 detailed explanation and goodwill class 12 practical problems, covering both theory and numerical examples. It’s ideal for class 12 accounts goodwill important questions and goodwill class 12 accounts important questions expected in CBSE and ISC board exams. Students from both boards—CBSE and ISC—will find this helpful, as it covers goodwill accounts class 12 isc, goodwill class 12 isc, and partnership accounts goodwill class 12. I have also referred to various exam-style questions and explained the logic behind answers in simple terms, just like goodwill class 12 accounts rajat arora or class 12 accounts goodwill one shot rajat arora style explanations, ensuring complete concept clarity. In short, this video is a complete package for understanding accounts goodwill, class 12 accounts goodwill rajat arora, accounting goodwill class 12th, 12th accounts goodwill, and goodwill accounting explained step by step. You’ll also understand need for and method of valuation of goodwill and how these concepts appear in exams. If you’ve ever been confused about fixed assets kya hota hai, fixed assets kya hote hain, or fixed assets kya hoti hai, or wanted a clear view of tangible or intangible assets, this lecture makes it crystal clear. You’ll also get a strong foundation to move towards higher chapters like goodwill class 12 chapter 2 and accounts ch goodwill which form the core of class 12 accounts goodwill oneshot preparation. 📘 Topics Covered in Lecture 26: Assets and Its Types Tangible and Intangible Assets Difference between tangible and intangible Fictitious Assets Meaning and Examples Features of Goodwill Nature of Goodwill Need for Valuation of Goodwill Factors Affecting the Value of Goodwill Methods and Practical Understanding of Goodwill #goodwill #tangibleassets #intangibleassets