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👉Previous Video: • Adjustments in Financial Statements - Asse... 👉Next Video: • Adjustments in Preparation of Financial St... ======================================================= ✔️📚👉 Watch Full Free Course Videos: https://www.magnetbrains.com ✔️📚👉 Grab E-book & E-Notes by Expert Teachers Here: https://www.magnetbrains.com/notes ======================================================= 📢 Full Playlist Link: • Class 11 Accountancy (By Ambika Ma'am) | C... ✅ In this video, ✔️ Class: 11th ✔️ Subject: Accountancy ✔️ Chapter: Adjustments in Preparation of Financial Statements (Chapter 19) ✔️ Topic Name: Multiple Choice Questions ✔️ Topics Covered In This Video (By Ambika Singh Ma'am): In this captivating video, the teacher guides you through the fascinating realm of Class 11th Accountancy, focusing on the topic of "Multiple Choice Questions" within Chapter 19 Adjustments in Preparation of Financial Statements. Dive deep into the captivating world of accountancy as we explore key concepts essential for success in your studies. Join us as we simplify complex topics and make learning fun and engaging for all Class 11th students. ======================================================= 00:00 Introduction: Adjustments in Preparation of Financial Statements - Multiple Choice Questions 03:19 MCQs (Que.1 to 3) Que.1 - Adjustments given are recorded once in Trading and Profit & Loss Account and again in Balance Sheet. It is so because of 11:34 MCQs (Que.4 to 6) Que.4 - On 1st February, 2025, a loan of ₹1,00,000 was given to Parth @ 12% p.a. Interest was received for 3 months from February 2025 to April, 2025. In the financial statements for the year ended 31st March, 2025, amount of advance interest will be 20:07 MCQs (Que.7 to 9) Que.7 - Closing Stock is valued at Cost or Net Realisable Value (Market Value), whichever is less because of 33:06 MCQs (Que.10 to 12) Que.10 - Balance of Provision for Doubtful Debts (As on 1st April, 2023): ₹1,250, Bad Debts during the year were: ₹300. Provision for Doubtful Debts is required @ 5% on debtors of ₹10,000. Provision for Doubtful Debts credited to Profit & Loss Account will be 43:47 Website Overview ======================================================= Why study from Magnet Brains? Magnet Brains is an online education platform that helps to gives you NCERT/CBSE curriculum-based full courses free from Kindergarten to Class 12th so that you can perform well in any and all exams you give in your academic career. 👉 Contact us 🤑🤑 ➡️ Connect with us: support@magnetbrains.com ➡️ Website: https://www.magnetbrains.com/ ➡️ Subscribe to us on YouTube: / @magnetbrainseducation ➡️ Subscribe to Magnet Brains Hindi Medium: / @magnetbrainshindimedium ➡️ Facebook:- https://www.magnetbrains.com/out/face... ➡️ Instagram:- https://www.magnetbrains.com/out/inst... #magnetbrains #class11 #accountancy #cbse #ncert #cbse2024_25 #chapter19 #class11accountancy #adjustments #financialstatements #multiplechoicequestions #questionanswer #mcqs class 11 accounts chapter adjustments in preparation of financial statements practical problems mcq of financial statements with adjustments class 11 financial statements with adjustments class 11 solutions adjustments in preparation of financial statements class 11 class 11 accounts chapter 19 adjustments in preparation of financial statements financial statements with adjustments class 11 questions final accounts with adjustments class 11 class 11 accounts chapter 19 multiple choice questions class 11 accounts chapter 19 practical problems ts grewal accounts mcq questions with answers Disclaimer: "This video is for educational and informational purposes only and is not intended to infringe on any copyrights. If you believe that this video has used any copyrighted material in a way that constitutes copyright infringement, please contact us at support@magnetbrains.com and we will take appropriate action."