1.

What Is The Adjustment Entries Made While Preparing The Final Accounts From The Trial Balance ?

Answer»
  • Closing STOCK
  • Depreciation
  • Outstanding Expenses
  • Prepaid Expenses
  • Accrued Income
  • Income received in advance
  • Bad Debits
  • PROVISION for Doubtful Debts
  • Provision for DISCOUNT on Debtors
  • Interest on Capital
  • Drawings
  • Deferred Revenue Expenditure Written off
  • Abnormal Loss due to fire ETC.
  • Goods distributed as free samples
  • Goods SENT on approval basis
  • Commission payable to the manager



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