Lesson 11 of 14 • 9 upvotes • 11:02mins
In this lesson, we will.learn about Past Adjustments. In past, we make some errors or omissions and in the present, we don't want to Alter Final Accounts. So, that's why we make an adjustment entry.
14 lessons • 2h 24m
Overview of the Course
5:13mins
Meaning of Partnership and Partnership Deed
12:31mins
Profit and Loss Appropriation Account: Part 1
9:59mins
Profit and Loss Appropriation Account: Part 2
11:02mins
Capital Account Methods
10:52mins
Interest on Partner's Drawings (part-1)
11:15mins
Interest on Partner's Drawings (part-2)
12:10mins
Interest on Capital: Part 1
11:06mins
Interest on Capital: Part 2
7:37mins
Commission to a Partner and Interest on a Partner's Loan
11:42mins
Past Adjustments: Part 1
11:02mins
Past Adjustments: Part 2
9:46mins
Past Adjustments: Part 3
10:23mins
Guarantee of Profit
9:53mins