#5 Financial Statements with Adjustments - Problem 3 - Class 11 - By Saheb Academy

Here I have solved the third problem of Financial Statements with adjustments for Sole Proprietorship in a simple way. (Mr Narain)

Here I have shown how to solve the Manager's Commission adjustment.

After watching this video you will understand the technique of solving such big questions with adjustments.

This chapter is also called as Final Accounts.

⏱TIMESTAMPS
00:00 - Question Analysis
03:05 - Outstanding Wages
03:42 - Prepaid Insurance
04:47 - Further Bad Debts
05:55 - Provision for Doubtful Debts
09:52 - Outstanding Interest on Loan
11:41 - Closing Stock
12:52 - Trading A/C
15:08 - Profit & Loss A/C
20:56 - Manager's Commission ( After )
27:30 - Balance Sheet

This video is especially for Class 11 students.

Financial Statements with Adjustments Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGqywO1mwjaCoPXZJhjLmmhW&si=4WbXR_gIn7FFHny3

Financial Statements for Sole Proprietorship (Without Adjustments) Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGqUzZ2ZcIeRTveVtF5nMkT8&si=dV1P84M1WRSUTG5M

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