FINAL ACCOUNT Adjustment 4

12th BOOK KEEPING BY AJAYSANTHOSH MOURYA

Sr.No.	Type of Adjustment	Adjustment Entry	How dealt with in
			Trading or Profit and Loss A/c	Balance Sheet
14	Provision for Discount	Provision for Discount	Credit side of Profit and Loss A/c	Liabilities side by
	on Creditors	on Creditors A/c         Dr		way of deduction
		To Profit and Loss A/c		from Sundry
				Creditors.