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\nReview of Repeatedly Asked Adjustments in Manufacturing Companies\n

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\nIn this video, the teacher provides a quick review of repeatedly asked adjustments in the financial statements of a manufacturing company. They explain the dual effects of each adjustment and provide hints for understanding and solving...\nIn this video, the teacher provides a quick review of repeatedly asked adjustments in the financial statements of a manufacturing company. They explain the dual effects of each adjustment and provide hints for understanding and solving related exam questions. The adjustments covered include closing stock, outstanding expenses, prepaid expenses, income received in advance, income due but not received, bad debts, bad debt recovery, provision for doubtful debts, provision for discount on debtors, and provision for discount from creditors.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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17:41
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Grade
9th - Higher Ed
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Subjects
Career & Technical Education
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Media Type
Instructional Videos
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Source:
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\nLet's Tute\n\n
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Date
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2022
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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balance sheet
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Additional Tags

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adjustment in financial statements, what is closing stocks, manufacturing accounts, formats of trading accounts, assets sites, what is trial balance, journal entries, asset side, bad debt, income received, exam point, closing stock, raw material, finished goods, credit side, trial balance, liability side, expected loss, final figure, trading account, loss account, income due, rent due, income account, current year, manufacturing company, expenses relating, prepaid expenses, manufacturing account, outstanding expenses, debit side, cash discounts, journal entry, 31st march, discounts received, doubtful debt
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Classroom Considerations

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Best For: Explaining a topic
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Review of Repeatedly Asked Adjustments in Manufacturing Companies\" href=\"/subscription/new\">\"Review\n\n
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