Financial statements of Sole proprietorship firm WITH ADJUSTMENTS. Class 11 Accounts Final Exam 2025

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Topics Covered.
0:00 - Introduction.
00:22 - Adjustments in Preparation of financial Statements.
01:08 - Adjustment of Closing Stock.
04:08 - Adjustment of Depreciation.
06:15 - Adjustment of Bad Debts.
07:31 - Adjustment of Bad Debts Recovered.
08:10 - Adjustment of Outstanding expenses.
10:50 - Adjustment of Prepaid expenses.
12:31 - Adjustment of Advance income.
13:34 - Adjustment of Accrued income.
14:40 - Adjustment for Provision for discount on debtors.
28:13 - Adjustment for Provision for doubtful debts.
28:23 - Adjustment for Interest on capital.
29:30 - Adjustment for Interest on drawings.
30:10 - Adjustment for Interest on investments.
30:53 - Adjustment for Interest on loan.
31:21 - Adjustment for Goods distributors as free samples or among staff for staff welfare.
32:36 - Adjustment for goods taken by proprietor for personal use.
33:45 - Adjustment for Manager's commission.
35:15 - Adjustment for abnormal losses or accidental losses.
39:18 - Question no.1.
57:13 - Question no.2.
1:12:06 - Question no.3.

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Financial statements of Sole proprietorship firm WITH ADJUSTMENTS. Class 11 Accounts Final Exam 2025