3.4 FINAL ACCOUNTS / IB BUSINESS MANAGEMENT / profit and loss account, balance sheet, depreciation

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The main point of this class is to learn how to prepare profit & loss account and balance sheet, and how to calculate depreciation.

0:00 Intro & objectives
0:56 Purpose of final accounts to different stakeholders
6:13 Profit and loss account
18:32 Balance sheet
26:28 Depreciation (HL only)
36:34 Back to objectives

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