This resources is a well explanation of the concepts of financial adjustments in Trading profit and loss Account and Balance Sheet. Presentation handles all the Adjusting Entries with proper examples and Explanations. Concepts are well explained with the help of good animations. Following adjustments are explained in this presentation:
Closing Stock
Outstanding Expenses
Prepaid Expenses
Accrued Income
Income Received in Advance
Depreciation
Bad debts
Provision for Bad debts
Managers Commission
Interest on Capital
Closing Stock
Outstanding Expenses
Prepaid Expenses
Accrued Income
Income Received in Advance
Depreciation
Bad debts
Provision for Bad debts
Managers Commission
Interest on Capital
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