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In this video, we will clearly explain the concept of Final Accounts in accounting. If you're a commerce student, preparing for exams, or want to strengthen your accounting basics, this video is perfect for you. Topics Covered: Meaning and importance of Final Accounts Trading Account – Calculation of Gross Profit/Loss Profit & Loss Account – Calculation of Net Profit/Loss Balance Sheet – Financial Position of a Business Adjustments in Final Accounts Simple examples for better understanding 📊 Final Accounts help determine the profitability and financial position of a business at the end of an accounting period. This step-by-step explanation will make the topic easy and clear. 👍 Like, Share & Subscribe for more accounting and commerce-related videos. 💬 Comment below if you have any doubts or suggestions for the next topic! Featured: Swapnil Shah (Director/Fac, KAI-V) Courses: 11th-12th GSEB/CBSE | B.Com | CA | CMA Foundation follow us : https://www.instagram.com/kai__vidhya... website : https://www.kaividhya.com/ #FinalAccounts #AccountingBasics #TradingAccount #ProfitAndLoss #BalanceSheet #CommerceStudents #AccountingExplained #commerce #bcom #cafoundation #education #study #gseb #cbse