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hello everyone you are watching sahab academy if you like our videos then please subscribe to our channel and also hit the bell icon for the regular updates and also follow us on instagram sahab academy now lets go to the video hi everyone welcome back to the third video of contract costing chapter now in this video we are going to solve the second problem of contract costing but before going into this video let me just tell you what we have done in the previous two videos of this chapter see here in the first video we have discussed the concept and the format of contract account very much in detail yeah see here all these slides see the format of contract account and we i also told you that there is a big difference between the old syllabus and the new syllabus right for the new syllabus student if you have got profit you can directly take two costing profit loss for cnt students but for the ipcc for the bcom bba bef all you people what you guys have to do you have to take it as two