Adjustment of Provision for Discount on Debtors-Financial Statements | Class 11 Accounts

[@satombff6010]

Sir aap pura accounts subject ka feel dete ho. Boht kam log aise padhate hain

[@jaisalarora9461]

Finally now I learned how put journal entries 🙏🙏

[@SURAJML-r5n]

Super thank you sir, literally all my doubts are clear in one video. 😊

[@heli856]

thank you so much sir really you made it easy

[@ritikachoudhary5516]

Sir formule ki to jarurat hi nahi hai aapne bohot acche se samjhya hai.

[@cahardikmanchanda]

I am glad to know this:)

[@kaifali930]

Thankyou so much sir , sir I have doubt that If we get (negative) balance of PFDD ,that got me when we calculate ammount debit to profit and loss account . and also give bad debt recovery in trial balance. Please sir answer . Thankyou sir

[@YashvardhanAhir-e4d]

You really reply to every single doubt, hardly appreciated 🙌🏻

[@SumitKumar-xo4jj]

Thanks sir thanks a lot million times thank you sir it is really nice video 👌👌👍 👍😎😎

[@cahardikmanchanda]

🙏😇

[@sandeepchaudhary9670]

Hatts off to your efforts

[@poojakumari3185]

Hardik sir agar provision for discount on creditors par hota to usme kya karte ?

[@cahardikmanchanda]

Discount on creditors is an income for the business so when you create provision, it is credited to profit & loss A/c and deducted from creditors. Although provision on income violates prudence concept so it is a theoretical concept, just mentioned in the books.

[@ayushrazz7841]

Sir ur class is so amazing

[@harshvardhansinghvi4770]

Thank You Sir
Sir If Reserve Is Given Then Also Same Treatment ??

[@cahardikmanchanda]

Yes, same treatment for reserve for doubtful debts/

[@harshvardhansinghvi4770]

@@cahardikmanchanda Thank You Sir

[@Ease_29]

Good evening sir, 🙏🏻 meri book Mai ye likha ha ki agar old provision ,new provision se jada hai to provision vali amount credited side Mai ATI hai in profit and loss account Mai ,ye samjh nahi aya.

[@cahardikmanchanda]

These types of questions are discussed in the next videos, please check, i am sure all your doubts will be solved ✅

[@Ease_29]

@@cahardikmanchanda thanks ☺️ sir 🙏🏻

[@studiesareamazing3102]

@@cahardikmanchanda Sir agar PFBD Old zyada aata h as compare to new se tab Vo Amount Credit Side jaati h... Usko P/L A/C me kya likhte h credit side??

[@GurmeetSingh-cg3rh]

​@@studiesareamazing3102hey, hm credit side mein es liye likhte hai kioki profit and loss account mein balance negative mein chla jata hai esliye hm us pure balance ko credit side
By provision on doubtful debts likhte hai

[@sagarjha8369]

Sir kya aapke jaise hame bhi exam me sab kuch explain karba hoga ya sirf account aur balance sheet dikhana hai??

[@cahardikmanchanda]

NO sagar, you have to make working notes and prepare PL and BS.

[@sagarjha8369]

@@cahardikmanchanda ok sir 😃🙏🏻

[@karanchauhan83]

Sir ca +2 ke baad sahi hai ki b. Com ke baad please give me right decision

[@saimainsights]

Thank you so much sir 🥰🥰

[@SONIDEVI-f2h2v]

Thanku sir

[@memesofficial990]

great sir thankyou

[@sunilkumar5243]

Provision for doubtful debts worked as contra asset

[@cahardikmanchanda]

Yes, correct.

[@matrixinsane2877]

Sir ji kabhi kabhi provision for doubtful debts credit ne kyu atta ha

[@GurmeetSingh-cg3rh]

Hey,
Provision for doubtful debts credit m esliye aata hai kioki profit and loss a/c mein bal negative mein chla jata h eslyi hm credit m us balance ko.
By provision on doubtful debts likhte h
Balance ko positive krke
Hope it will help you:)

[@Ruchika297]

2'1/2% for Discount on debtors me kya kre sir, Ans to point me aa rha h. It's Debtors=450,000, Adj- Dis. On debtors=2*1/2% also new provision is 5%on debtors

[@cahardikmanchanda]

If answer is coming in decimals, you can show the answer is decimals.

[@Ruchika297]

@@cahardikmanchanda ohk sir

[@yashagrawal744]

Sir computer accounting then sample paper 💛💛💛💛💛💛💛💛💛

[@cahardikmanchanda]

Bhot jldi a rhe h✅

[@anshchaurasiya7273]

Thanku sir

[@cahardikmanchanda]

🙏😇