#5 Financial Statements with Adjustments - Problem 3 - Class 11 - By Saheb Academy

Here I have solved the third problem of Financial Statements with adjustments for Sole Proprietorship in a simple way. (Mr Narain) Here I have shown how to solve the Manager's Commission adjustment. After watching this video you will understand the technique of solving such big questions with adjustments. This chapter is also called as Final Accounts. ⏱TIMESTAMPS 00:00 - Question Analysis 03:05 - Outstanding Wages 03:42 - Prepaid Insurance 04:47 - Further Bad Debts 05:55 - Provision for Doubtful Debts 09:52 - Outstanding Interest on Loan 11:41 - Closing Stock 12:52 - Trading A/C 15:08 - Profit & Loss A/C 20:56 - Manager's Commission ( After ) 27:30 - Balance Sheet This video is especially for Class 11 students. Financial Statements with Adjustments Playlist    • Financial Statements with Adjustments   Financial Statements for Sole Proprietorship (Without Adjustments) Playlist    • Financial Statements   Join SILVER CLUB to get access to PREMIUM VIDEOS:    / @sahebacademy   PDF Notes (Telegram) https://t.me/sahebacademy7 Clear your doubts by direct messaging us on Instagram   / sahebacademy   Please Like, Subscribe and Share this video on your social media account. #financialaccounting #commerce #class11