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

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Class # 4- Financial Statements With Adjustments
In this video, we have discussed the most complex and important adjustment of Financial statements which is Provision for Doubtful Debts.
I have tried to explain each and every concept in detail so that apko yaad krne ki zaroorat na ho, concepts smjh me a jaye✅
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#Class11Term2Accounts #AdjustmentofProvisionforDoubtfulDebt #FinancialStatementsWithAdjustments
#FinancialStatementsAdjustments
#AdjustmentsinFinalAccountsCLass11
#HowtosolveQuestionofFinancialStatementwithAdjustments
#AdjustmentofPrepaidExpenses
#AdjustmentofAccruedIncome
#AdjustmentofIncomereceivedinAdvance
#FinancialStatementsWithADjustmentsClass11
#AdjustmentEntry
#AdjustmentofClosingStock
#ADjustmentofOutstandingExpenses

Опубликовано:

10 окт 2024

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Комментарии : 201

@vidishasinha. 2 года назад

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 2 года назад

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

@Aryan77980 2 года назад

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 Год назад

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

@arjunkgopan2023 9 месяцев назад

@@Aryan77980 40 out of 36😂😂😂

@AsthaRathod 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@Rudra-px4uz Год назад

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

@hiralalchouhan6665 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@MuskanKhan-mt1bh 7 месяцев назад

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

@animekun2730 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@Ruchika297 2 года назад

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 🙌💫

@cahardikmanchanda 2 года назад

I am glad that these videos are helpful 🙏😇

@khushi4253 8 месяцев назад

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

@ragini4571 Год назад

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 😁

@art-world4118 Год назад

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

@nidhijha7714 Год назад

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 ♥️

@prachisood8739 11 месяцев назад

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 3 месяца назад

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

@mahirjoshii 8 месяцев назад

Best Teacher for Logic Clearing ❤

@manishajain24 2 года назад

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

@cahardikmanchanda 2 года назад

Glad to know that the video is helpful 🙏😇

@Aryan-yy8sl 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@ajaypatil7637 2 года назад

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

@harshitarya2994 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@DivyanshuKumar-mb9bl Год назад

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

@cahardikmanchanda Год назад

I am glad it helped :)

@debayudasgupta4680 Год назад

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 Год назад

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

@adityabansal4580 Год назад

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

@cahardikmanchanda Год назад

Thank you son much Aditya :) I am glad it helped 🙏😇

@soumyaindurkar9761 Год назад

This video is too good. Concept explained very well💯

@archanasharma6081 2 года назад

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

@cahardikmanchanda 2 года назад

Thank you so much Archana :) God bless you🙏😇

@nikhil22260 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@sangamsingh2243 Год назад

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

@cahardikmanchanda Год назад

I am glad it helped 🙏😇

@shagunprakash04 2 года назад

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 2 года назад

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

@ayushrazz7841 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@saimainsights 2 года назад

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

@cahardikmanchanda 2 года назад

Thank you so much Saima :) God bless you🙏😇

@varshasharma3045 6 месяцев назад

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

@hkvlogssinging5541 7 месяцев назад

Sir aap mahaan ho sir aap jaisa koi nahi

@TURNON500k 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@shrivastavashrivastava9702 2 года назад

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

@arjunkgopan2023 9 месяцев назад

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

@SatyajeetSahoo-xf5vk 4 месяца назад

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

@madeworld2423 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@CA....112 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@barkhajain1072 Год назад

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

@SumitKumar-xo4jj 2 года назад

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 😊💜💜💜💜

@cahardikmanchanda 2 года назад

🙏😇

@ankuryadav9088 2 года назад

Patience level super hai bhaiya

@cahardikmanchanda 2 года назад

🙏😇

@sanjayjain671 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@dimple_Singhal 2 года назад

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

@cahardikmanchanda 2 года назад

All the best wishes Nancy :)

@saurabhyadav3149 2 года назад

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.

@abhijeetraikwar.133 2 года назад

Vese 12th k video bhi available h but still we'll wait for new ones :)

@saurabhyadav3149 2 года назад

@@abhijeetraikwar.133 Vo to hai bro but syllabus and pattern bhi to change hote rhte hai

@abhijeetraikwar.133 2 года назад

@@saurabhyadav3149 Hmm

@cahardikmanchanda 2 года назад

Yes Saurabh🙏😇

@aahan_5311 2 месяца назад

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

@chandnisabnani 2 года назад

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

@cahardikmanchanda 2 года назад

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

@tanishjain5 2 года назад

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;-)

@maheshwarmathur5448 8 месяцев назад

Very good teaching sir

@manyabatra885 2 года назад

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 2 года назад

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 2 года назад

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

@1dayexamm Месяц назад

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

@MahadiHasan-ke4ho 8 месяцев назад

No words to say ❤ Great sir ❤ Love from Bangladesh

@TechnicalAayushChandnani 2 года назад

Best teacher ever 🙏

@cahardikmanchanda 2 года назад

🙏😇

@hemasingh812 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@heli856 8 месяцев назад

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

@tapasaranjanbarik3745 7 месяцев назад

Deep explanation 👍👍👍👍👍👍👍

@MANOJKUMAR-ef7et Год назад

sare doubt clear ho gye thank u

@PayalShrivastwa-kk8rm 10 месяцев назад

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

@Dakshpahwashorts 2 года назад

Helping me at the end of exam year

@nitinparmar5432 2 года назад

I like your way of teaching

@cahardikmanchanda 2 года назад

🙏😇

@nxtgamer2655 Год назад

Thx guru jii

@sakshihote3625 Год назад

Best sir....👍👍👍

@manjukarda5310 2 года назад

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

@cahardikmanchanda 2 года назад

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✅

@somuchoudhary234 8 месяцев назад

Thank you very much sir

@Rahgeer05 Месяц назад

Provision ❎ protection cover ✅

@RadhikaJain-pf2dw 2 месяца назад

You are best sir 🎉

@ramandeepkaur-ip1kp 2 года назад

Thank so much ' sir really your are best teacher

@cahardikmanchanda 2 года назад

🙏🏻😇

@Anukumari-oy2rk 2 года назад

Thanku sir 🙏

@SatyendraKumar-li8tx 2 месяца назад

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

@MustafaKhan-ji9op Год назад

Lots of love from your neighbor Pakistan

@manojmishra6243 8 месяцев назад

Great

@ssiddeshwaraprasad3069 Год назад

Wonderful teacher sir

@cahardikmanchanda Год назад

🙏😇

@jeevanjha1077 2 года назад

Really you know problem of student

@cahardikmanchanda 2 года назад

I hope i am able to solve those problems:)

@sukhichehal2115 2 года назад

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

@cahardikmanchanda 2 года назад

🙏😇

@k.mstudy3347 2 месяца назад

Helpful for bcom ❤sir@hardik sir

@yashagrawal744 2 года назад

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 2 года назад

Yes Yash, jldi se syllabus complete krte h✅

@sagarjha8369 2 года назад

Kaisa gya paper?

@yashagrawal744 2 года назад

@@sagarjha8369 😂 biroo 14 ko hai

@sagarjha8369 2 года назад

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

@yashagrawal744 2 года назад

@@sagarjha8369 hm bhai parso hai

@mustansir7194 2 года назад

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 .

@cahardikmanchanda 2 года назад

🙏😇

@supriyajana1438 2 года назад

Many many thank you sir love you sir💖

@cahardikmanchanda 2 года назад

🙏😇

@yadnesh4448 Год назад

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

@ashwinikelkar Месяц назад

Thank you🎉

@DivyanshiSingh1 7 месяцев назад

Thanks sir😊

@preetimurela6831 8 месяцев назад

Thankyou

@HarshaSingh-y3h 7 месяцев назад

thank you so much sir

@beunickgaming3923 15 дней назад

100 % Clarity ❤❤

@HSMUSIC1432 2 года назад

Thx sir

@WinSing_07 2 года назад

Thank you sir 😊💛

@Dakshpahwashorts 2 года назад

Best teacher

@cahardikmanchanda 2 года назад

🙏😇

@_Karan_Prajapati_ 2 года назад

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

@cahardikmanchanda 2 года назад

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.

@shankchud12 2 года назад

Superb lecture sir

@cahardikmanchanda 2 года назад

🙏😇

@sangeetasharma2909 9 месяцев назад

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

@abhijeetraikwar.133 2 года назад

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

@cahardikmanchanda 2 года назад

Yes, it will be covered in the next video✅

@abhisheksinghbhati4284 2 года назад

Hatts off to ur hardwork ✨

@cahardikmanchanda 2 года назад

🙏😇

@mahi_gaming_shorts786 Год назад

Goos

@danishkhanentertainment3587 Год назад

Sir please solve on board

@harshitarya2994 2 года назад

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 2 года назад

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 2 года назад

@@abhijeetraikwar.133 thanks

@cahardikmanchanda 2 года назад

Yes, right✅

@harshpandey9081 9 месяцев назад

Got it

@freefirelover-us4jw 9 месяцев назад

Sir what if the bad debt are greater than provision

@_riya_gr6174 2 года назад

Thq so much sir ☺️😊

@cahardikmanchanda 2 года назад

🙏😇

@muskanchoudhary1911 Год назад

Sir, provision for doubtful debts credit kaise hua?

@malaikafatima3030 Год назад

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

@cahardikmanchanda Год назад

Yes if provision is in negative then we will show that on credit side

@malaikafatima3030 Год назад

Thank u sir soo much

@chandnisabnani 2 года назад

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 2 года назад

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

@chandnisabnani 2 года назад

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

@sunilkumar5243 2 года назад

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

@cahardikmanchanda 2 года назад

Yes, that is correct✅