#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  

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