Hi Elena, Ah the graphics :( it is £81,800 which the answer is referring to and should be. It’s just the graphic on the left hand side but thank you for letting me know!
Thank you, that was very helpful! Could you please kindly explain why in the task 1 when creating double entry we did not add up 2200.00 and 1636? We added up in the second example. Thank you!
No problem so the 2,200 relates to irrecoverable debt where as the 1,636 relates to the allowance for doubtful debt. So we wouldn’t want to add the two together because they go to separate accounts :)
This was so structured and just right to the point, no unnecessary talks. If the steps are not shown properly it can get overwhelming. Kudos to you !!
Thank you very much!
Your videos are helping me a LOT! Thank you so much for this free lesson.
This was very informative and helped me with my understanding of this.
I've been struggling to get my head around this topic but your videos are so clear and helpful. Thank you!
Excellent, it certainly can be a difficult and confusing topic this one! Glad you found it helpful!
Thank you! It’s been very helpful 😊
Your videos are really helpful. Thank you so much!!!
Thanks, very helpful.
Very good, thank you!
Hi Will. Thank you for your helpful videos. Please can you see 6:47 to check the amount you use to multiply?
Hi Elena,
Ah the graphics :( it is £81,800 which the answer is referring to and should be. It’s just the graphic on the left hand side but thank you for letting me know!
Thank you, that was very helpful! Could you please kindly explain why in the task 1 when creating double entry we did not add up 2200.00 and 1636? We added up in the second example. Thank you!
No problem so the 2,200 relates to irrecoverable debt where as the 1,636 relates to the allowance for doubtful debt. So we wouldn’t want to add the two together because they go to separate accounts :)
Hi, at 6:44 you calculated net at 81800 but you multiply 2% times 81200, typo?
Hi Will, do you offer any 1 to 1 tutoring?
Hi Jack, I do, if you just ping me an email:
Will-aat@outlook.com
You’ll also find the email in my bio. Just let me know what you’re looking to do :).