Category: Final Account (Non Manufacturing Company)

In this chapter I will discuss the final account of non-manufacturing company under the following head. 14.01 Why Adjustments are made in Final Accounts14.02 Adjustments in the Final Accounts Closing Stock ::: Outstanding Expenses Prepaid or Unexpired Expenses ::: Accrued or Outstanding Income Unearned Income or Income Received in Advance ::: Depreciation Bad Debts :::…