REMEDIAL CLASS :10 FINANCIAL STATEMENTS (WITH ADJUSTMENTS) CONTINUED PART 2( DAY 12)
29th May, 2020 HELLO BOYS!! THE FINALE TODAY!! LOTS OF ILLUSTRATIVE BUT SHORT VIDEOS, WILL HELP TO QUICKLY RECOLLECT THE MAIN POINTS OF THE IMPORTANT TOPIC. FINANCIAL STATEMENTS WITH ADJUSTMENTS CONTINUED: Bad-Debts and Related Adjustments: Let us understand these terms with the real life example. Suppose, a grocer has 15 kg of apples. Out of this, 2 kg apples are rotten and 3 kg are about to rot. This means, only 10 kg of tomatoes are in good condition. Now, let's go through the video below, to understand the concept of debtors and its different types using the above example of the grocer. LINK : DEBTORS AND THEIR DIFFERENT TYPES LINK : TREATMENT OF BAD DEBTS Bad Debts Recovered LINK : PROBLEM - 1: ON BAD DEBTS Provision for Bad and Doubtful Debts LINK : VARIOUS CASES RELATED TO PROVISION FOR BAD AND DOUBTFUL DEBTS LINK : TREATMENT OF ...