#1 Financial Statements with Adjustments - Concept - Class 11 - By Saheb Academy
Here I have explained the concept of Adjustments while preparing Financial Statements for Sole Proprietorship in a simple way. After watching this video you will understand the 9 Adjustments with 100% clarity. This chapter is also called as Final Accounts. ⏱TIMESTAMPS 00:00 - Concept 05:43 - Basics of Financial Statements 08:40 - Adjustments : Closing Stock 09:37 - Outstanding Expense 12:04 - Prepaid Expense 14:34 - Accrued Income 18:15 - Income Received in Advance 21:11 - Depreciation 22:55 - Further Bad Debts 25:39 - Provision for Doubtful Debts : Case A 31:41 - Provision for Doubtful Debts : Case B 36:58 - Provision for Discount on Debtors 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
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