Accounting · Year 1 · Week 12

Adjustments in Final Accounts

Strand
Financial Accounting
Sub-strand
Financial Reporting
Content standard
Demonstrate knowledge and understanding in the preparation of financial statements of sole proprietorship
Learning outcome
Prepare financial statements of sole proprietorship
Learning indicator
Prepare financial statement of sole proprietorship (including adjustments like accruals, prepayments, depreciation bad debts and allowance for receivables)

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