IRRECOVERABLE DEBTS AND ALLOWANCES (BAD DEBTS AND PROVISIONS) - PART 1 

I'm Mohamed ALHAJI Sesay from Sierra Leone." I apprentice you so much Sir. Thank you very very much. May God Almighty continue to guide and protect you Sir.

An other amazing lesson thanks

Thanks for your service to humanity sir 🙏🙏. Please you haven’t done a video on amalgamation of partnership. And then change in partnership when there’s a death of a partner or withdrawal of a partner.

Hi sir I really want appreciate your hard work to help students understand thank you very much God reachly bless you

This was very informative 😊❤thank you sir

This was very helpful Thank you very much Sir 🙏

Your explanations are very helpful, thank you very much

great i loved it youre a good teacher

Thanks so much. Very easy to understand😃

Thank you very much: your lesson very easy to understand.

dear sir, our teacher said that you could not assume allowance for doubtful debt as an expense. It can reduce our trade receivable, so it is debit.

Thank you, Mr. Felix, for the elaborate breakdown of bad debts and provision for doubtful Debts.👋

Good job you are doing ,I wished you could had also done an episode on short term investments

hi sir this lesson was really helpful but can you please take us through in the adjustments in accounts mostly on the premium ones as well as the calculations please

Great explaination thankyou

Thank you sir well understand

Your so easy to understand thank you for your easy explanations has part 3 been uploaded by any chance ?

Great work, Please do the video on the part 3 🙏🏼

Thank you for the lecture

Great Work!

God bless you sir

SO GOOD SIR

With all due respect sir, my main question is, for preparing an income statement, why do we take the increase/decrease amount of provision for doubtful debts for an expense/income but why not take the whole amount that is present for that year. Wouldn't the whole amount be the actual expense for that year? i am very confused with this. I would highly appreciate it if you could reply me.

Hi Dr Felix As you have explained in the introduction, the word debtors is being dropped from use in the accounting statements and is replaced by Receivables. Does that mean that the Debtor's account is also likely to be changed to a Receivables account? Or these are two different and separate accounts. Stephen

Sir please I'm waiting for the part 3 of this video. Pls📝📝

Much love

What if the provision for doubtful debts remains constant through the years? How will it be treated in the P&L account?

15:51 notes for self

In case whereby we are not given a percentage, how do we deal with it

Which of the balance of the debtors figure do we calculate provision for bad debt on. Opening or closing

Thanks you so much sir 🙏

Are you an accountant coz am amazed

Where do we find Part 3 of this topic, its not uploaded anywhere here.

Thanks for explanation you're too much.

please the other income of 25 where there is a decrease in the prov for doubtful. how is treated on the income statement. do you add it to gross profit when calculating for the net profit

Could it be called provision for bad and doubtful debt?

❤

Why use dollars instead of cedis please

Thank you very much sir, please I didn't quite get where the 1000 debited in the debtors account came about.

I need part 2

Provisions

What are net received

Hi sir I'm Abdulai Bangura from Sierra Leone Can u plz help me with " Redemption of Debentures through Sinking Fund ( Companies )

Could it be also called Provision for Bad and Doubtful Debts?

Thanks sir for a nice period! May you please help us on how to open joint venture account

Please sir, I really need you to do Published accounts cos I'm really finding it difficult to understand from other tutors. I have exam in like a month's time.

What u are teaching is not like that