Final Accounts

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Chapter 4: Final Accounts (47 videos)
4.1: Final Accounts-Different kind of Business Concerns
  1. Trading, Manufacturing and Service concerns
  2. Matching Revenue and Expenses
4.2: Final Accounts-Basic Level
  1. Trading Account-Basic Level
  2. Different Items of Trading Account-Debit side
  3. More on Different Items of Trading Account-Debit side
  4. Different Items of Trading Account-Credit side
  5. Problem 1: Trading Account
  6. Trading, Profit and Loss Account
  7. Different Items of Profit and Loss Account-Debit side
  8. More on Different Items of Profit and Loss Account-Debit side
  9. Different Items of Profit and Loss Account-Credit side
  10. Problem 2: Profit and Loss Account
  11. Problem 3: Trading, Profit and Loss Account
  12. Balance Sheet-Basic Level
  13. Problem 5: Statement of Financial Position / Balance Sheet
4.3: Adjustments and their Effect on Final Accounts
  1. Need and Types of Adjustments
  2. Accrued Expenses or Outstanding Expenses
  3. Prepaid Expenses or Unexpired Expenses
  4. Accrued Revenue or Revenue Receivable
  5. Unearned Revenue or Revenue Received in Advance
  6. Depreciation of Assets
  7. Methods of Depreciation
  8. Interest on Capital and Drawings
  9. Bad Debts
  10. Doubtful Debts & Difference between Bad and Doubtful Debt
  11. Treatment of Bad debts & Provision for Doubtful Debts
  12. Illustration: Treatment of Bad debts & Provision for Doubtful Debts
  13. More on Illustration: Treatment of Bad debts & Provision for Doubtfu
  14. More on Illustration: Treatment of Bad debts & Provision for Doubtfu
  15. Problem 1: Adjustments and their Effect on Final Accounts
  16. Problem 1: More on Adjustments and their Effect on Final Accounts
  17. Problem 1: More on Adjustments and their Effect on Final Accounts (II
  18. Problem 2: Adjustments and their Effect on Final Accounts
  19. Problem 2: More on Adjustments and their Effect on Final Accounts
  20. Problem 2: More on Adjustments and their Effect on Final Accounts (II
  21. Provision for Discount on Debtors & Creditors
  22. Some Typical Problems in Final Accounts
  23. Recovery of Bad Debts
  24. Loss of Goods
  25. Closure of Abnormal Loss Account
  26. Treatment of Loan Borrowed & Lent
  27. Treatment of Depreciation and Profit or Loss on sale of Fixed Assets
  28. Interest on Loan & Income Tax
  29. Manager's Commission and Agreement of Balance Sheet by opening Suspen
  30. Adjustments of Errors in Final Accounts
  31. Adjustments of Errors in Final Accounts(II)
  32. Adjustments of Errors in Final Accounts (III)