REMEDIAL CLASS 9 : FINANCIAL STATEMENTS PART - 2 (WITH ADJUSTMENTS) (DAY 11)

28th May, 2020

HELLO BOYS!!

YET ANOTHER INTERACTIVE AND A QUICK GLANCE PICTORIAL CLASS. LOTS OF ILLUSTRATIVE BUT SHORT VIDEOS, WILL HELP TO QUICKLY RECOLLECT THE MAIN POINTS OF THE IMPORTANT TOPIC.

Financial Statements with Adjustments

LINK : RECALL OF PREPARATION OF FINANCIAL STATEMENTS

1. Closing Stock

WATCH THE VIDEO FOR THE TREATMENT OF CLOSING STOCK

LINK : PART 1 : TREATMENT OF CLOSING STOCK

LINK : PART 2 : TREATMENT OF CLOSING STOCK

Conclusion

  

2. When  Outstanding Expenses are given Inside the Trial Balance

  

Conclusion

WATCH THE VIDEO FOR THE TREATMENT OF OUTSTANDING EXPENSES GIVEN BELOW

LINK : TREATMENT OF OUTSTANDING EXPENSES

3. Prepaid Expenses

 

Conclusion

WATCH THE VIDEO BELOW FOR THE TREATMENT OF PREPAID EXPENSES

LINK : TREATMENT OF PREPAID EXPENSES

LINK :ILLUSTRATIVE PROBLEM ON OUTSTANDING AND PREPAID EXPENSES

4. Accrued Income

  

 

Conclusion

WATCH THE VIDEO BELOW FOR THE TREATMENT OF ACCRUED AND OUTSTANDING INCOME

LINK : TREATMENT OF ACCRUED AND OUTSTANDING INCOME

5. Income Received in Advance

   

Conclusion

WATCH THE VIDEO BELOW FOR THE TREATMENT OF INCOME RECEIVED IN ADVANCE OR UNEARNED INCOME

LINK : TREATMENT OF INCOME RECEIVED IN ADVANCE OR UNEARNED INCOME

6.Depreciation, Amortisation of Intangible Assets:

LINK : TREATMENT OF DEPRECIATION

  

Conclusion

LINK : COMPUTATION OF DEPRECIATION

LINK : PROBLEM - 1 : ON DEPRECIATION

Conclusion

LINK : CONCEPT AND TREATMENT OF AMORTIZATION

7. Interest on Capital, Interest on Drawings and Interest on Loan:

Conclusion

 


    LINK : TREATMENT OF INTEREST ON CAPITAL

  

Conclusion

   


          LINK : TREATMENT OF INTEREST ON DRAWINGS

          



          LINK : TREATMENT OF INTEREST ON LOAN

      LINK : PART - 2 : TREATMENT OF INTEREST ON LOAN