Adjustment of Bad Debts & Provision for Doubtful Debts || Financial Statements with Adjustments ||

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  • Опубліковано 18 жов 2024

КОМЕНТАРІ • 201

  • @vidishasinha.
    @vidishasinha. 2 роки тому +32

    Trust me, best teacher i ever known in my life. Even my school teachers haven't taught us like this.... Seriously you're such a good teacher nd a saviour for 11th commerce students

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому +9

      So nice of you Vidisha :) God Bless you🙏😇

    • @Aryan77980
      @Aryan77980 2 роки тому

      Yeahh ur rgt I've got failed in my unit test but after watching his series on youtube I've got 40/36 in accounts

    • @playwithgk6800
      @playwithgk6800 Рік тому

      1000℅ Correct✅
      Now, this lengthy concept has cleared and understood.
      Thanku sir

    • @arjunkgopan2023
      @arjunkgopan2023 10 місяців тому +2

      ​@@Aryan77980 40 out of 36😂😂😂

  • @AsthaRathod
    @AsthaRathod 2 роки тому +4

    If you say a new financial term, you explain it first whether it's simple or complicated. kudoos to you🙌🏻
    Thank you.

  • @Rudra-px4uz
    @Rudra-px4uz Рік тому +1

    Finally I got the best teacher and the best channel for accounts for me kudos to you sir .Keep making videos on such important contants

  • @khushi4253
    @khushi4253 8 місяців тому +1

    Trust me guys this is the best channel I have seen for accounts❤❤❤❤❤😊😊

  • @Ruchika297
    @Ruchika297 2 роки тому +1

    Sir, Aap dhanya ho🙏,itni toufh adjustment ko bhi simple way me bata diya🙌🙏 Really aap jesa teacher is utube p nhi dekha mene🤗Tq a lot for concept clearty in this 🙌💫

  • @MuskanKhan-mt1bh
    @MuskanKhan-mt1bh 8 місяців тому +1

    Hello Sir ,
    I am very lucky that I got you as my teacher . You make concepts very easy to understand . I appreciate your efforts 👍
    Your Student

  • @hiralalchouhan6665
    @hiralalchouhan6665 2 роки тому +2

    Hardik machandana best teacher of accountancy seriously osm teacher I understandyour teaching sir thank you so much ❤️... and I found first youtube teacher ..,,

  • @ajaypatil7637
    @ajaypatil7637 2 роки тому +1

    No words for sir ...Really telling no words
    Even in highly expensive classes you won't get such understanding
    Fantastic well done
    I am from Maharashtra board but then also seeing cbse
    I am addicted To such logical understanding

  • @art-world4118
    @art-world4118 Рік тому +1

    Amazing class i ever found...... U make everything so simple.. Thank you

  • @mahirjoshii
    @mahirjoshii 8 місяців тому +1

    Best Teacher for Logic Clearing ❤

  • @nidhijha7714
    @nidhijha7714 Рік тому +3

    This adjustment is way too twisted but Kudos to you sir you made it clear that too conceptually,I don't think now there is any need to learn that formula because I've understood it already
    Grateful to God that have found your channel ♥️

  • @animekun2730
    @animekun2730 2 роки тому +6

    i am just wasting my money in coaching why didnt i find you earlier best teacher 😄

  • @prachisood8739
    @prachisood8739 11 місяців тому +1

    The way you focus deeply on concept clarification is really useful to us, sir! Thanks a lot.. This was one of the hardest topics to me in school and your video has helped a lot!

  • @kishansoni3798
    @kishansoni3798 3 місяці тому +1

    Sir u are a best teacher in commerce world hatts of to u 👏👏🙏🏼

  • @harshitarya2994
    @harshitarya2994 2 роки тому +5

    just because of this adjustment i loss 8 marks in accounts paper which is held in tomorrow but in next paper i definately gain that marks again because our school teacher dont teach this adjustment in deep but now i am fully confident

  • @ragini4571
    @ragini4571 Рік тому +2

    THANKYOUUSOOSOOMUCH SIR
    itnaa hee deep concept tho bss chiye tha, you not only got our needs but also provided what we needed the most !
    Lovee you sir make more n more vdoss with itte deep explanation concept ki 😁

  • @manishajain24
    @manishajain24 2 роки тому +2

    Thankyou sir for making this adjustment super duper easy!
    Now I can relate this adjustment practically and logically :))

  • @Aryan-yy8sl
    @Aryan-yy8sl 2 роки тому +1

    The way he tells us with basics is just amazing he made a tough topic easy thanks sir

  • @soumyaindurkar9761
    @soumyaindurkar9761 Рік тому +1

    This video is too good. Concept explained very well💯

  • @debayudasgupta4680
    @debayudasgupta4680 Рік тому +1

    really well explained...finally got to understand the in depth story of the adjustment ......every teacher is writing the formula ..... f possible bring a paid class 12 batch for accounts ......in the session 2023-24

    • @cahardikmanchanda
      @cahardikmanchanda  Рік тому

      I am so glad it helped :)
      Class 12th LIVE batch will start soon, download Avyukt application to join

  • @ayushrazz7841
    @ayushrazz7841 2 роки тому +1

    Thnx sir u are the best teacher of accounts for ever for me

  • @sangamsingh2243
    @sangamsingh2243 Рік тому +2

    Sir, this videos are very helpful
    Thank you for making such a great video 😇😇😇

  • @varshasharma3045
    @varshasharma3045 6 місяців тому

    You are the bestest teacher on you tube sometimes i regret why i even joined my coching you are just amazing ❤ 🤩

  • @arjunkgopan2023
    @arjunkgopan2023 10 місяців тому +1

    Very good sir , understood everything thanks sir❤❤❤❤

  • @archanasharma6081
    @archanasharma6081 2 роки тому +4

    Hat's off for your hardwork for us sir your way of teaching is best of all ☺

  • @DivyanshuKumar-mb9bl
    @DivyanshuKumar-mb9bl Рік тому +1

    Thanks sir really appreciate your work...i was lagging in this topic..but u made it so easy...thanks sir

  • @SatyajeetSahoo-xf5vk
    @SatyajeetSahoo-xf5vk 4 місяці тому

    Thank you so muchh ,Sir for explaining this so clearly and conciously.Your insights are incredibly helfull!!🙌

  • @adityabansal4580
    @adityabansal4580 Рік тому +1

    Sir trust me no one teaches better than you when it comes to concept and deep understanding .

  • @TURNON500k
    @TURNON500k 2 роки тому +1

    Thankyou so much sir this chapter is very hard and very confusing but now this chapter is very simple for me .
    Thanks

  • @hkvlogssinging5541
    @hkvlogssinging5541 7 місяців тому

    Sir aap mahaan ho sir aap jaisa koi nahi

  • @shagunprakash04
    @shagunprakash04 2 роки тому +2

    Thankyouu so much sir for making Accountancy so easy for us, I am glad that I found your channel before my finals, your videos are helping me alot in my studies,,
    You're the best Sirr !! ❤️
    Hats off to your efforts 🙌
    Huge respect 🙏❤️

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому +2

      So nice of you Shagun :') I am glad that these videos are helpful! God bless you 🙏😇

  • @shrivastavashrivastava9702
    @shrivastavashrivastava9702 2 роки тому +1

    Sir you're great..thank you so much 💫✨

  • @maheshwarmathur5448
    @maheshwarmathur5448 8 місяців тому

    Very good teaching sir

  • @nikhil22260
    @nikhil22260 2 роки тому

    Sir jitna deeply aap samjate ho mai dave de kha sakta hu koi nhi samjata 👍👍👍👍👍👍👍👍👍👍

  • @manyabatra885
    @manyabatra885 2 роки тому +2

    Sir, Thank you so much for explaining this complex adjustment so well :)
    Doubt- When both the balances of bad debts and provision for doubtful debts are given in the trial balance, why don't we assume that bad debts must have already been deducted from(written off to) the amount of provision for doubtful debts?
    Is that bcoz we transfer the amount of bad debts to p&l a/c (or provision for doubtful debt a/c as in the case) at the 'end of financial year'?

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      If bad debt had already been written off from the provision then there should not be any Bad debt A/c in the trial balance, right?
      Also, all these adjustments of writing off the expenses and adjustments are done at year end.

    • @manyabatra885
      @manyabatra885 2 роки тому

      @@cahardikmanchanda Yes sir, understood! Thank youu! :)

  • @barkhajain1072
    @barkhajain1072 Рік тому

    Super, today i have learnt new concept, thanks a lot sir

  • @nitinparmar5432
    @nitinparmar5432 2 роки тому +1

    I like your way of teaching

  • @madeworld2423
    @madeworld2423 2 роки тому

    Itna easy way me aap ne sikhaya hai ki jo school me nahi aaya wo yhaa aakar pure doubt clear ho gai

  • @aahan_5311
    @aahan_5311 2 місяці тому

    U are best sir . Maja aagya sir time ka toh pata hii nhi chala video kb khtm ho gyi
    Thankyou so much sir❤❤❤❤❤

  • @Dakshpahwashorts
    @Dakshpahwashorts 2 роки тому +1

    Helping me at the end of exam year

  • @saimainsights
    @saimainsights 2 роки тому +1

    Thank you so much sir 🥰🥰
    It's too easy concept for us because of you only sir.
    May God give you good health 🥰🥰

  • @CA....112
    @CA....112 2 роки тому +2

    Thank u bhaiya , for making this topic easiest for us ☺️, and really u r great 😊

  • @heli856
    @heli856 9 місяців тому

    thank you so much sir you explained the best i have my finals from 23rd feb

  • @MahadiHasan-ke4ho
    @MahadiHasan-ke4ho 8 місяців тому

    No words to say ❤
    Great sir ❤
    Love from Bangladesh

  • @dimple_Singhal
    @dimple_Singhal 2 роки тому

    Best teacher of commerce account tommorow is my account exam and i want 40 marks but because of you seriously I get 40 marks out of 40

  • @Rahgeer05
    @Rahgeer05 Місяць тому +1

    Provision ❎ protection cover ✅

  • @tapasaranjanbarik3745
    @tapasaranjanbarik3745 8 місяців тому

    Deep explanation 👍👍👍👍👍👍👍

  • @ankuryadav9088
    @ankuryadav9088 2 роки тому +1

    Patience level super hai bhaiya

  • @1dayexamm
    @1dayexamm Місяць тому

    Hey prabhu kha thy aap ... Heart winning moment ...

  • @SumitKumar-xo4jj
    @SumitKumar-xo4jj 2 роки тому +2

    Sir it is very important my school teacher can explain it but I can't understand 😔 when I seen your video it is really helpful 👌💜 thanks sir for this amazing video 😊💜💜💜💜

  • @PayalShrivastwa-kk8rm
    @PayalShrivastwa-kk8rm 10 місяців тому

    Thank you so much sir...... Really helpful❤❤

  • @MANOJKUMAR-ef7et
    @MANOJKUMAR-ef7et Рік тому

    sare doubt clear ho gye thank u

  • @TechnicalAayushChandnani
    @TechnicalAayushChandnani 2 роки тому +1

    Best teacher ever 🙏

  • @somuchoudhary234
    @somuchoudhary234 9 місяців тому

    Thank you very much sir

  • @hemasingh812
    @hemasingh812 2 роки тому

    Sir ap sab kuch bohot acha padate ho aap aese hi padhte rahiye

  • @RadhikaJain-pf2dw
    @RadhikaJain-pf2dw 2 місяці тому

    You are best sir 🎉

  • @tanishjain5
    @tanishjain5 2 роки тому

    Sir thank you soo much abhi jab dubara rivision or practice krte time koi doubt ayega toh jrur puchunga vese mereko purraa concept samaj aa gya hai bss practice krni hai ab;-)

  • @sanjayjain671
    @sanjayjain671 2 роки тому +2

    sir u r great thanku so much for this we really needed this❤❤

  • @chandnisabnani
    @chandnisabnani 2 роки тому +1

    I don’t know why your videos have less likes although you explain much better than others.😀

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      So nice of you to say this :) Do share it with your friends ✅

  • @Anukumari-oy2rk
    @Anukumari-oy2rk 2 роки тому +1

    Thanku sir 🙏

  • @ssiddeshwaraprasad3069
    @ssiddeshwaraprasad3069 Рік тому

    Wonderful teacher sir

  • @k.mstudy3347
    @k.mstudy3347 2 місяці тому

    Helpful for bcom ❤sir@hardik sir

  • @saurabhyadav3149
    @saurabhyadav3149 2 роки тому +3

    Sir thanks ❤🙏 a lot for making a complicated concept very easy for us. I really very thankful to you for giving your valuable time to us. Sir please Its my humble request, you will teach us in class 12 also.

  • @ramandeepkaur-ip1kp
    @ramandeepkaur-ip1kp 2 роки тому

    Thank so much ' sir really your are best teacher

  • @sakshihote3625
    @sakshihote3625 Рік тому +1

    Best sir....👍👍👍

  • @MustafaKhan-ji9op
    @MustafaKhan-ji9op Рік тому

    Lots of love from your neighbor Pakistan

  • @beunickgaming3923
    @beunickgaming3923 22 дні тому

    100 % Clarity ❤❤

  • @sukhichehal2115
    @sukhichehal2115 2 роки тому

    Hats off for your hardwork sir
    Thankuuu so much😄😄😄😄😄😄

  • @nxtgamer2655
    @nxtgamer2655 Рік тому

    Thx guru jii

  • @manjukarda5310
    @manjukarda5310 2 роки тому +2

    Sir next year ki accounting treatment
    "Provisions for doubtful debts Dr.
    To bad debts "
    K effects kya honge??

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      Apne journal entry bilkul sahi h, agar further bad debts h to debtors se less and provision ka amount reduce ho jayega. I am going to upload a video today jahan we will discuss questions of all the cases✅

  • @supriyajana1438
    @supriyajana1438 2 роки тому

    Many many thank you sir love you sir💖

  • @ashwinikelkar
    @ashwinikelkar Місяць тому

    Thank you🎉

  • @SatyendraKumar-li8tx
    @SatyendraKumar-li8tx 2 місяці тому

    B.s. ki cr. Side dikhna bhi easy hota hai .because provision is liability for business .and provision ka meaning hota hai प्रावधान.

  • @DivyanshiSingh1
    @DivyanshiSingh1 8 місяців тому

    Thanks sir😊

  • @preetimurela6831
    @preetimurela6831 8 місяців тому

    Thankyou

  • @jeevanjha1077
    @jeevanjha1077 2 роки тому

    Really you know problem of student

  • @manojmishra6243
    @manojmishra6243 9 місяців тому

    Great

  • @HarshaSingh-y3h
    @HarshaSingh-y3h 7 місяців тому

    thank you so much sir

  • @yadnesh4448
    @yadnesh4448 Рік тому

    sir, provision for doubtful debt before trial bal bna rhe honge toh uski entry kya hogi

  • @Dakshpahwashorts
    @Dakshpahwashorts 2 роки тому

    Best teacher

  • @HSMUSIC1432
    @HSMUSIC1432 2 роки тому +1

    Thx sir

  • @shankchud12
    @shankchud12 2 роки тому

    Superb lecture sir

  • @WinSing_07
    @WinSing_07 2 роки тому

    Thank you sir 😊💛

  • @mustansir7194
    @mustansir7194 2 роки тому

    Sir concept was too complicated ! But you have your best but still I need to see this video again ! But I can feel your explanation .

  • @abhisheksinghbhati4284
    @abhisheksinghbhati4284 2 роки тому +1

    Hatts off to ur hardwork ✨

  • @yashagrawal744
    @yashagrawal744 2 роки тому +3

    Sir Jaldi Sei Computer accounting start karoo sir Then uske badd Sample paper questions 💛🙏🏻 sir itna sath dete thoda or dedo 9 march sei final paper hai 🙏🏻

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому +2

      Yes Yash, jldi se syllabus complete krte h✅

    • @sagarjha8369
      @sagarjha8369 2 роки тому

      Kaisa gya paper?

    • @yashagrawal744
      @yashagrawal744 2 роки тому

      @@sagarjha8369 😂 biroo 14 ko hai

    • @sagarjha8369
      @sagarjha8369 2 роки тому

      @@yashagrawal744 oo padhai Karo phir..batana kaisa Gaya badme!

    • @yashagrawal744
      @yashagrawal744 2 роки тому

      @@sagarjha8369 hm bhai parso hai

  • @_riya_gr6174
    @_riya_gr6174 2 роки тому

    Thq so much sir ☺️😊

  • @malaikafatima3030
    @malaikafatima3030 Рік тому

    Sir please tell if the old provision exceeds the total bad debts then it means we have to show on the cr side of profit and loss account

  • @harshpandey9081
    @harshpandey9081 9 місяців тому

    Got it

  • @sangeetasharma2909
    @sangeetasharma2909 9 місяців тому

    Sir ji apne to provision of doubtful debt ka postmatam kar diya

  • @sunilkumar5243
    @sunilkumar5243 2 роки тому

    54:50 if we prepare financial statements of next year , then in balance sheet we take debtors as 31,000 ? Sir, reply as soon as possible

  • @freefirelover-us4jw
    @freefirelover-us4jw 9 місяців тому

    Sir what if the bad debt are greater than provision

  • @harshitarya2994
    @harshitarya2994 2 роки тому +1

    sir mera ek doubt ha : agar hama question ma trial balance ma bad debts or provision for bad debts de rakha ha or adjustments ma bad debts ya provision for bad debts ki koi adjustment nahi ha to uska treatment kesa hoga sir plz clear this

    • @abhijeetraikwar.133
      @abhijeetraikwar.133 2 роки тому +2

      Harshit I Guess P&L A/c me fir Simply yh krenge:
      To Bad debts
      Less: Old Provision
      And no other treatment in the B/S!
      Am I right sir?

    • @harshitarya2994
      @harshitarya2994 2 роки тому +1

      @@abhijeetraikwar.133 thanks

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому +1

      Yes, right✅

  • @abhijeetraikwar.133
    @abhijeetraikwar.133 2 роки тому +1

    Sir aapne Provision for Discount on Debtors ka concept cover nh kia so plz next video me vo bhi include krdena :)

  • @Riyayadav-ni2qb
    @Riyayadav-ni2qb 2 роки тому

    All clear sir 😊

  • @chandnisabnani
    @chandnisabnani 2 роки тому

    Will making provisions show the true picture of company?as it will reduce the profit of the company of the year in which provision is made?
    Please do reply

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      Yes When provision is made, it is debited to profit & loss A/c.

    • @chandnisabnani
      @chandnisabnani 2 роки тому

      @@cahardikmanchanda par kaise true pic hogi ?wo toh estimated hota hai na😕

  • @danishkhanentertainment3587
    @danishkhanentertainment3587 Рік тому +1

    Sir please solve on board

  • @muskanchoudhary1911
    @muskanchoudhary1911 Рік тому

    Sir, provision for doubtful debts credit kaise hua?

  • @_Karan_Prajapati_
    @_Karan_Prajapati_ 2 роки тому +1

    Sir question me interest on capital 10% diya hai adjustment me to isse kese karna hai?

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      Interest on capital is covered in the next videos, please check. It is an expense so debited to profit & loss A/c and added to capital in the balance sheet.

  • @tapanghosh4445
    @tapanghosh4445 2 роки тому

    Sir, apne video ke end me Bola ki hum Bad Debts ko transfer Kar denge Provision for Doubtful Accounts me aur kyuki humane usko transfer kardiya hai to hum uso P/L A/C me include nahi karenga but sir hum P/L accounts me to Bad debts bhi show karte hai ....

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      Tapan, we don't show Bad debts of the current year in P&l if provision has already been made for that. I will take some more questions of this topic in today's class.

    • @tapanghosh4445
      @tapanghosh4445 2 роки тому

      @@cahardikmanchanda But sir we reduce current years Bad Debts and Further bad debts from Provision. Then how it's not included in P/L A/C?

    • @tapanghosh4445
      @tapanghosh4445 2 роки тому

      @@cahardikmanchanda Sir, please take question which consists of Ledger, Journal Entries on Bad Debts and further Bad debts with old provision as well as new provision. And please mark the statement that I have made query on.

    • @cahardikmanchanda
      @cahardikmanchanda  2 роки тому

      @@tapanghosh4445 Tapan, dekho bad debts debit to ni ho rhe h na pl, wo old provision se minus ho rhe h thats the part of calculation. Wo ap working notes me bhi show kr skte ho, pl me debit to new provision hi ho rhe h. ✅

    • @tapanghosh4445
      @tapanghosh4445 2 роки тому

      @@cahardikmanchanda THANKS A LOT SIR. Sir I request you to have a telegram channel or something like that because it's very difficult to ask questions via comments. In telegram we can share picture of question. It would be really helpful for student community of CA Hardik Manchanda.