Final Accounts with 16 Adjustments||Part 1-Financial Accounting||+2,B.Com,BBA||എളുപ്പത്തിൽ പഠിക്കാം

This video covers preparation of trading, profit and loss account and balance sheet with 16 adjustments. Outstanding expenses, prepaid expenses, income received in advance, accrued income, depreciation, bad debt, provision for bad debt, interest on capital, interest on drawings, managers commission, goods destroyed by fire, goods distributed as free samples, provision for discount on debtors, provision for discount on creditors are explained in simple language