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<!DOCTYPE html>
<html lang="en">
<head>
<meta charset="UTF-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1.0">
<title>Modern Method: Adjustment</title>
<link rel="icon" href="https://drive.google.com/thumbnail?id=1A1tTjNFe49LwKdCNbbqSzL93j3JvRdnK"
type="image/icon type">
<link href="https://unpkg.com/tailwindcss@^2/dist/tailwind.min.css" rel="stylesheet">
</head>
<body>
<section class="text-gray-600 body-font" style="user-select: auto;">
<div class="container px-5 py-24 mx-auto" style="user-select: auto;">
<div class="flex flex-col text-center w-full mb-20" style="user-select: auto;">
<h1 class="sm:text-3xl text-2xl font-medium title-font mb-4 text-gray-900" style="user-select: auto;">
Modern Method : Adjustment</h1>
<p class="lg:w-2/3 mx-auto leading-relaxed text-base" style="user-select: auto;"><b>
Adjustment entries are the journal entries made at the end of the accounting period to account
for items which are omitted
in trial balance and to make adjustments for outstanding and prepaid expenses and revenues
accrued and received in advance.
</b></p>
</div>
<div class="flex flex-wrap -m-2" style="user-select: auto;">
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/8krN">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 1</h2>
<h3>Goods which were purchased earlier lost by fire : ₹ 5000
</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/7mmE">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 2</h2>
<h3>Charged depreciation 500 on machinery costing 30000
</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/quazZ">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 3</h2>
<h3>Received 20000 from Subhash which were written off bad debts in the previous year
</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/sxrR">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 4</h2>
<h3>Provide 20000 as Interest on Capital
</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/v1R6">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 5</h2>
<h3>Charged interest on drawings 8000</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/XgFd">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 6</h2>
<h3>Goods worth 100000 were destroyed by fire. Insurance company admitted and paid claim
for 60% amount.
</h3>
</div>
</div>
</a>
</div>
<div class="p-2 lg:w-1/3 md:w-1/2 w-full" style="user-select: auto;">
<a href="https://webinar.plezmo.com/wDK3">
<div class="h-full flex items-center border-gray-200 border p-4 rounded-lg"
style="user-select: auto;">
<div class="flex-grow" style="user-select: auto;">
<h2 class="text-gray-900 title-font font-medium" style="user-select: auto;">Entry 7</h2>
<h3>Provide 10% depreciation on furniture costing 50000 and machinery costing 200000
</h3>
</div>
</div>
</a>
</div>
</div>
</div>
</section>
<script async src="https://drv.tw/inc/wd.js"></script>
</body>
</html>