Adjusting Entries EXPLAINED - By Saheb Academy

Here I have explained the Adjusting Entries in detail with complete logic.

After watching this video you will have complete clarity on the Adjusting Entires.

Adjusting Entries are passed before preparation of Financial Statements to ensure we report accurate financial information to our stakeholders.

⏱TIMESTAMPS
00:00 - Concept
09:29 - Why Adjusting Entries are always required?
14:20 - Rectification Entry vs Adjusting Entry
16:10 - Types of Adjusting Entries
16:59 - Adjusted Trial Balance
18:54 - Reversal Entries
19:33 - Conclusion
20:50 - Accrual and Prepayments or Deferrals
23:03 - Accrue vs Due

Outstanding Expense - Adjusting Entry

Basic Accounting Playlist

Download Adjusting Entries PDF

This is for the students of CLASS 11, B.COM, BBA, CA FOUNDATION, CA INTER, CMA, ACCA and any other accounting courses.

Clear your doubts by direct messaging us on Instagram

Please Like, Subscribe and Share this video on your social media account.

#Accountancy #FinancialAccounting #Class11

[Nassy.]

I have been waiting for you to discuss this concept for almost a year, and finally you did. Much appreciated

[madhureddy]

God for South India commerce students ✅

[bbat]

absolutely the BEST explanation given ever. i have browsed through several websites, and i can say that no one has covered a subject so thoroughly. Thank you

[thasleem]

passing through your videos recently, may Allah reward you for this, I think many learners can understand very easily from your explanations

[toyosiabayomi]

This is great knowledge shared. Thank you very much sir

[kiranchaurasiya]

You are the one of the best teacher of the world 🙏each and every concept is very clearly explained in each of your video ❤ THANK YOU SO MUCH 💗

[nirajdas]

Very nice explanations. All my doubts in Accounting basic concepts were cleared in this video. I will watch all 4 adjusting entries videos. Thank you so much Sir 🙏🙏

[SushmaVamsi]

Waiting for the next video in these topic, I hope u will upload it soon since so many floks are waiting here

[Renu_Ashish]

Thank you thank you thank you so much sir for creating these great understanding educational videos 😇 god bless you.

[manoharvejandla]

Hi saheb, Always pleasure to see your videos. I am just thinking, If you good provide pdf notes from the basics to advanced, which you have done in videos.

[ripibasar]

Thanking so much Sir, i wish u make videos on. Subscription problems( NPO).

[okohjustice]

Awesome!
Sir pls have u done video on partnership account?

[Varhad]

Closing stock in TB.. How adjust or rectify TB

[thakardimple]

Will you please provide all about GST and TDS. I tried so many things to get informed with basic concepts but in the end I only got confused. Please make videos on taxation if possible. It's a kind request.

[NinaKename-ijop]

Great explanations.. please can you give an example of adjusted trial balance

[vjpatil]

Can you please make a video of using softwares like zoho, zero, & SAP it would be very helpful

[simmysuhana-ssfz]

Sir can you please make a video on dissolution

[azharmustafa]

Kindly upload complete course of QuickBook

[rajeshbabunayakk]

Hi sir.... I want practical problems that cover all adjusting entries

[sbtv]

any video by this channel on balance sheet and statement of profit and loss ??