Preparing the final accounts-Trial Balance

Question

Write down the adjustment entries formed while preparing the final accounts from the Trial Balance?

Answer 1

- 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 the Capital
- Drawings
- Deferred Revenue expenses written off
- Abnormal Loss due to fire as on.
- Goods distributed as free samples
- Goods sent on for approval basis
- Commission payable to the manager