Important Adjustment for Accounts Std 11 & 12 GSEB,CBSE

Trial Balance is prepared to know the arithmetical accuracy of books of accounts. After that, annual or final accounts are prepared to know the financial position of the business. Final accounts include TradingA/c, Profit & Loss A/c, & Balance sheet Trading A/c, is prepared to know the net profit or the net loss & Balance Sheet is a statement prepared to know the financial position of the business.
For all of this you must know the Important Adjustment to prepare Balance sheet of Accounts.

Closing stock

Closing stock Adjustment for Std 11 &12

Unpaid exp./outstanding expenses/ expenses yet to be paid

Unpaid exp./outstanding expenses/ expenses yet to be paid Adjustment for std 11 &12

Prepaid expenses

Prepaid expenses Adjustment for std 11 & 12

Unreceived income/ outstanding /income yet to be received 

Unreceived income/ outstanding /income yet to be received  Adjustments  for std 11 &12

Pre-received income

Pre-received income  adjustment for std 11 & 12

Interest on capital

Interest on capital Adjustments for std 11 & 12

Interest on drawings 

Interest on drawings Adjustments for std 11 & 12

Depreciation

Depreciation Adjustments for std 11 & 12

(a)  Goods given for free sample. 

(a)  Goods given for free sample. Adjustments for std 11 & 12

(b)  Goods given for charity

(b)  Goods given for charity Adjustments for std 11 & 12

Goods given for personal use

Goods given for personal use Adjustments for std 11 & 12

There is 50 most important Adjustments for Accounts. 

With animation entry Presentation Free Demo of presentation download 

Important Adjustment Free download for std 11 to 12 Commerce

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