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