Thanks very much :-) I really appreciate the compliment! Are you sitting PoA this year?
@ayodelejones50294 жыл бұрын
Who still finding this video helpful? ... ")
@adapttuition4 жыл бұрын
Ayodele Jones I hope many ppl 😊
@ericwedderburn28293 жыл бұрын
@@adapttuition I definitely do Sir. Thank youuuuuuuuuuuuuuu
@adapttuition3 жыл бұрын
@@ericwedderburn2829 You're very welcome! Happy to know you found it helpful :)
@anderaphillip72715 жыл бұрын
omg... you're a blessing sent by God himself fam😣
@adapttuition5 жыл бұрын
Andera Phillip thanks for that compliment! I’m glad you found the video helpful.
@nicketawilliams39893 жыл бұрын
No Cap
@adapttuition3 жыл бұрын
Much appreciated! Wishing you all the best 😊
@dannniiiiiiii Жыл бұрын
I'm actually hoping this appears on the 2023 paper, a possibility to pick up some marks lol. Thank you, Chris! I didn't have such positive sentiments before.
@adapttuition Жыл бұрын
You’re very welcome, Dani 😊 Glad to hear you’re feeling so positive about it now! Keep up the good work 💪🏽🧠
@dannniiiiiiii Жыл бұрын
@@adapttuition thank you ! us students appreciate all your efforts and time… :)
@adapttuition Жыл бұрын
Happy to help! Keep up the great work 😊
@aliyahpartap23224 жыл бұрын
because of you Sir, I am passing my cxc poa exam😭😭🙏.
@adapttuition4 жыл бұрын
Super happy to hear that!!! All the best to you :)
@nefr26807 күн бұрын
Honestly, a few weeks later I have my IGCSE and this helped very much. Thanks bro❤❤❤
@adapttuition7 күн бұрын
Happy to hear that you found the content helpful! Let me know how the exam was when you sit it 😊 What other topics are you expecting will come in the exam?
@ananonymoususer6206 Жыл бұрын
these papers are mad helpful😃
@adapttuition Жыл бұрын
Happy to hear that you’re finding them helpful, Elda 😊 Keep up the good work in your end 👍🏽😊💪🏽🧠
@simonetingling36935 ай бұрын
Hi Sir. I love how you arrange the foot notes it help me to find the topic that relate to each videos, What I do I read your introduction and then view each video accordingly. I am using your videos assist students to pass 2024 CXC Accounts. Thanks.
@adapttuition5 ай бұрын
Hi Simone 😊 (that’s my wife’s name, too, btw 😄) That’s awesome to hear that you are using the videos to assist students to pass csec PoA this year! Best of luck to you and to them 💪🏽🧠 And, yes, I try to ensure that the description is of benefit to anyone using the videos, otherwise what’s the point, right? You’re the first person to say that you’ve found them helpful so I am super grateful for your feedback. Please let me know how your students are doing and if you need any additional resources please feel free to reach out 😊
@surinmaharaj21885 жыл бұрын
Poa tmr and look at me craming
@adapttuition5 жыл бұрын
You gotta do what you gotta do.
@andreadundas38222 ай бұрын
trying to do the same here🥲
@rajaereid84865 жыл бұрын
Sir you should have been posting videos from long time on Accounts
@laurelrobinson35025 жыл бұрын
factssss
@adapttuition5 жыл бұрын
you are so right. I'm sorry I started to so late.
@rajaereid84865 жыл бұрын
@@adapttuition sir if possible please try to do a video after the exam tomorrow..#Solution
@ericwedderburn28293 жыл бұрын
Be grateful. HE DIDN'T HAVE TO DO IT. He could've sit and when it's his free time and watch a movie or smth. Tf
@rajaereid84863 жыл бұрын
@@ericwedderburn2829 I was not trying to be ungrateful luv.. was more appreciative of his videos and wish he was doing this long before then. ✌
@heatherord31423 жыл бұрын
THANK YOU!!!!! Struggling in UK 😬 what figures go where was so confusing until now. BAZINGA
@adapttuition3 жыл бұрын
Happy to know that you were able to understand what to do :) Wishing you the best of luck :)
@iceboxthrill25692 жыл бұрын
you ought to win an oscar. great job
@adapttuition2 жыл бұрын
Thanks very much 😊 Wishing you all the best
@gloriabanda52902 жыл бұрын
I never understood in school Thanks for making it easy for me
@adapttuition2 жыл бұрын
Happy to help Gloria 😊 Keep up the good work 💪🏽🧠
@LUCIFER-bm8br2 жыл бұрын
Thanks for the help sir, mock exams in a few days and this topic was giving me some trouble. Please keep doing videos like these!!
@adapttuition2 жыл бұрын
You're very welcome! Yes, this topics gives a lot of students trouble. Glad to know that you found the video helpful :) Wishing you all the best
@simonetingling36935 ай бұрын
I am grateful for yoiur videos. These videos are helping my boys in many ways. Continue doing your best. .
@adapttuition5 ай бұрын
Super happy to hear that your boys are benefitting from the videos 😊 Tell them I said keep up the good work and if you or they have any questions please feel free to reach out 😊 When are they sitting the exam?
@moniquedixon44943 жыл бұрын
Thank you for this I'm in college and it's my first time doing accounts this was really helpful
@adapttuition3 жыл бұрын
Glad it helped! Be sure to check to see if the method I use in this video is the method you are required to use for your course. I mentioned at the start of this video that there is an alternative method and that one is usually seen at the college level.
@emilynduku25302 жыл бұрын
What happens in a situation you have both debtors and and bad debts??does the provision for bad debts reduce the bad debts or the debtors
@adapttuition2 жыл бұрын
The provision only affects the debtors figure. I am aware of another method of accounting for the provision for bad debts where the provision affects the bad debts item but it isn’t On the syllabus I teach so I am KOT familiar with it.
@kevonchristie55883 ай бұрын
thanks for the help sir, also loving the big bang theory shirt
@adapttuition2 ай бұрын
Sheldon is life :-P
@Noni9573 жыл бұрын
I'm preparing for my final intermediate accounting paper and your videos are a lifesaver. Thank you so much Sir! I have a question though When showing the provision of bad debts account, how to we treat bad debts that were written off?Is it the treated the same as the examples that had pre-existing balance or they are different terminologies? Thanks in advance.
@adapttuition3 жыл бұрын
Hi! So there are different ways to approach this. The method I show in this video is what I was taught and what I currently teach to my students based on the syllabus we follow which is based mainly on the British system of accounting. Under this method when we write off bad debts we: Dr Bad debts expense a/c Cr Debtor (Accounts receivable) a/c Most college level courses follow the American system of accounting where the write off of a bad debt when a provision exists is recorded as follows Dr. Provision for Doubtful Debts a/c Cr. Debtor (Accounts receivable) a/c I would strongly suggest you consult your text or lecture notes in order to see which method is used for your course. Wishing you all the best :)
@safiyamohamed33502 жыл бұрын
hi can you do a video on accurals and prepayments
@adapttuition2 жыл бұрын
Hi 😊 I already did 😊
@empressclemonds56755 жыл бұрын
Exam tomorrow 😭😭
@adapttuition5 жыл бұрын
It will be ok. Give it your best shot. :)
@clan_homes48813 ай бұрын
Same here 😭
@rajendraramnarayan89054 жыл бұрын
nice video sir........I like the part where u put in the cloud ," I have forgotten words"
@adapttuition4 жыл бұрын
XD yes! I really did forget what i wanted to say !
@rajendraramnarayan89054 жыл бұрын
@@adapttuition ( yea ...it does happen sometimes)
@loganfirstman70143 жыл бұрын
Ah! A video truly worthy of a like!
@adapttuition3 жыл бұрын
Hi! Thanks for watching :) Glad you found the video helpful :)
@aathimashraf95443 жыл бұрын
im doing cambridge o level (7707) and found your video so useful !thank youu
@adapttuition3 жыл бұрын
Happy to hear you found it useful 😊 Thanks for watching. Keep up the good work on your end. You can do it, I believe in you! Stay safe 😊
@tomasmontoya90342 жыл бұрын
Thank you for helping me so much with this vid. Online Classes are very hard to deal with
@adapttuition2 жыл бұрын
Hey, happy to hear that you’re finding he content helpful 😊 Yes, online classes are proving to be challenging for me as well. Just have to find a way to deal with it and what works for you. You can do It 😊
@breannaharry40422 жыл бұрын
Thank you for getting up early and making this video, I can see the sleepy in your eyes coming to the end of the video, sir you must sleep a lil more😂. I have exams in a few days, I pray test come easy and I hope I pass, your video helps alot but accounts is not for me. After exams I don't want too see accounts.
@adapttuition2 жыл бұрын
Hi Breanna 😊 Keep up the great work and I’m sure you’ll do awesomely 😁 The way accounts is taught turns ppl off, that’s why I make my videos; to try to help ppl at least understand better. Wishing you all the best 💪🏽🧠
@jayaxxii3 жыл бұрын
Thank you for this. It is really helpful as I am writing next year.
@adapttuition3 жыл бұрын
Glad it was helpful! Wishing you the best of luck :)
@shadelletennant48783 жыл бұрын
Well i have accounts tmrw morning.....so binge watching it is😂
@adapttuition3 жыл бұрын
How did you find the exam?
@shaniahmootilal4.59 ай бұрын
We must protect this man at all cost!!!!🤣
@adapttuition9 ай бұрын
Thanks, Shaniah ❤️
@nikhilkanade38713 жыл бұрын
Hey, great video you never disappoint tho i had a question Explain the difference between a bad debt and a provision for doubtful debts.?
@adapttuition3 жыл бұрын
Hey, I thought I covered this in the video. Bad debts refers to the actual debts that are written off as bad; debts we know we will not collect. The provision is an estimate of the value of debts we expect to go bad. So the former is the actual expense and the latter is an estimate of the expense.
@nikhilkanade38713 жыл бұрын
@@adapttuition oh well I might have skipped that part since I was revising the questions, but thanks for the explanation
@adapttuition3 жыл бұрын
No problem
@shocktn71262 жыл бұрын
Thanks for the vid sir, great help for my mocks tmr.
@adapttuition2 жыл бұрын
You’re very welcome! My pleasure to be of help. Glad you enjoyed and learned from the video. Keep up the good work! You can do it, I believe in you 💪🏽🧠
@anandbaal254 жыл бұрын
Awesome work !!! Keep it coming ❤️❤️
@adapttuition4 жыл бұрын
anandbaal25 will do! Thanks for the compliment. Where are you from and when are you doing PoA?
@carlissaharry12303 жыл бұрын
Very helpful video,Thank you
@adapttuition3 жыл бұрын
You’re most welcome! Thanks for watching 😊 Wishing you all the best
@michellekingl83543 жыл бұрын
I'M so thankful for this man yesss so so helpful thank you!!!
@adapttuition3 жыл бұрын
Happy to help! Wishing you all the best :)
@abraarmotara50422 жыл бұрын
hi Sir have you done a video on the recovery of irrecoverable debts???
@adapttuition2 жыл бұрын
Hi Abraar, That's a nice topic, unfortunately, it was removed from the syllabus that I teach several years ago. As a result I no longer teach it and I will probably not be making a video on it anytime soon. Sorry about that. But from what I can remember you would do the following: 1.) Re-establish the receivable DR: Accounts receivable (Debtor) a/c CR: Recovery of irrecoverable debts a/c 2.) Account for the amount received DR: Cash/Bank CR: Accounts receivable (Debtor) a/c 3.) Make the closing entry at the end of the period DR: Recovery of irrecoverable debts a/c CR: Income statement (Profit & Loss) a/c Hope that helps
@akilidouglas Жыл бұрын
This video was very helpful
@adapttuition Жыл бұрын
Very happy to hear that Akili 😊 Keep up the good work
@jhaniacoke50233 жыл бұрын
extremely helpful, thanks !
@adapttuition3 жыл бұрын
Thanks for watching 😊 Glad you found it helpful!
@nathanchin53213 жыл бұрын
Hi sir you’ve probably been seeing me a lot in your comments because my exam is next week. For the last question what is one reason why adjustments are made to financial statements and what is the concept that guides adjustements
@adapttuition3 жыл бұрын
The accruals concept and the matching principle
@worekalem.mekuriaw58112 жыл бұрын
Good.moring.my.brother.thank.you
@adapttuition2 жыл бұрын
Happy to help :)
@beckywelcome91973 жыл бұрын
Thank sir😌❗
@adapttuition3 жыл бұрын
Happy to help!
@tshyasookram44583 жыл бұрын
Thank you very much Sir! Much appreaciated
@adapttuition3 жыл бұрын
Happy to help! Thanks for watching 😊
@ashersmith41343 жыл бұрын
Is provision for bad debts and bad debts the same thing? Is provision for bad debts minus from the debtors in the balance sheet or is bad debts minus from the debtors in the balance sheet ? One more thing is bad debts treated as an expense in the income statement or is provision for bad debts treated as an expense in the income statement? 👉👈
@adapttuition3 жыл бұрын
Great questions (I thought I covered these in the video though). Provision for bad debts is not the same thing as bad debts. Bad debts is the ACTUAL value of receivables that have become uncollectible. The provision is an ESTIMATE of the value of receivables that we expect will become uncollectible. In the balance sheet we subtract the provision for bad debts from the debtors figure. The bad debts figure is an expense and is entered in the income statement. The provision itself is a contra asset and the increase/decrease in the value for the year is what goes in the income statement. If the provision increases then the AMOUNT OF THE INCREASE is treated as an expense and is put in the income statement as such. If the provision decreases then the AMOUNT OF THE DECREASE is treated as a revenue and is put in the income statement as such. Hope this helps.
@ashersmith41343 жыл бұрын
@@adapttuition Thank You!!! It really does help🤝
@adapttuition3 жыл бұрын
Happy to help 😊
@devinamahadeo49732 жыл бұрын
Policy is to maintain the provision for doubtful debts at a % of account receivable at the year end?? Sir what they mean by that???
@adapttuition2 жыл бұрын
Hi :) It means that they want the provision amount in the balance sheet to be equal to a specific percentage of the accounts receivable (debtors) figure. For example, if they said that the policy is to maintain a provision for doubtful debts of 10% of accounts receivable at year end, and then they tell you that the accounts receivable figure at year end is $25,000, then the provision amount would be 10% of $25,000 = $2,500. I explain this in the video :)
@trinityhamied4 ай бұрын
wow, thank you sm Chris. What are the chances of CSEC bringing this in 2024?
@adapttuition4 ай бұрын
That’s a good question. 30-40%
@trinityhamied4 ай бұрын
@@adapttuition ah okay, I better learn it well then
@adapttuition4 ай бұрын
Good idea
@beckywelcome91973 жыл бұрын
Tysm for the motivation at the end sir🥺❗💯
@adapttuition3 жыл бұрын
My pleasure
@shackoyperry9251 Жыл бұрын
Thank u sir am failing in poa badly n I got exam may
@adapttuition Жыл бұрын
Hey 😊 It can seem very daunting. Take one thing at a time, make your notes, ask your questions, embrace and learn from mistakes… they’re there to help us grow You got this 👍🏽😊 I believe in you 💪🏽🧠
@michaelbanda4433 жыл бұрын
allowance for doubtful debts and provision for Bad debts whats the difference and how do they work in the income statement
@adapttuition3 жыл бұрын
They’re the same thing just with different names. I have a video on how to treat with it in the income statement. It’s in the income statement playlist.
@rinreborn73643 жыл бұрын
This is similar to other question i have done and i got them correct already. I have send you the question photo on instagram
@adapttuition3 жыл бұрын
Will try to take a look. Things are a bit busy these days with new students starting and plans having to change.
@tegaliashaw45763 жыл бұрын
Good night am having issues with the answer 2880etc am not sure how you come by that answer can you go step by steps here please?
@adapttuition3 жыл бұрын
Hi, I do explain (in detail) how I get those figures in the video. If you watch from 06:18 to 07:45 i do go through step by step how I get the figures.
@sashoyajohnson7053 жыл бұрын
life saver , thankyou , great videoo
@adapttuition3 жыл бұрын
Glad it helped :)
@jymaalj29963 жыл бұрын
Thank you
@adapttuition3 жыл бұрын
My pleasure
@maynyein45393 жыл бұрын
Thanks Very Much Sir
@adapttuition3 жыл бұрын
You're very welcome! Hope you are doing well and staying safe :)
@maynyein45393 жыл бұрын
@A Different Approach Tuition Limited me too sir. 😍😍😍😍
@trinityhamied4 ай бұрын
Do you by chance have a tut on disposal of an asset?
@adapttuition4 ай бұрын
Hey, I would love to have done that but as it’s not on the current csec poa syllabus it wasn’t a priority.
@trinityhamied4 ай бұрын
@@adapttuition wait really?? I had no idea, my teachers are still teaching this. And I spent sm hours trying to learn it :(
@adapttuition4 ай бұрын
Yeh… this syllabus needs to be revamped … last year!
@torigee5108 Жыл бұрын
Exam tmr 😢, thanks sir 🙏
@adapttuition Жыл бұрын
Happy to help, Tori! Best of luck, and let me know how the exam went!
@jamarimcfarlane48444 жыл бұрын
I don't think it matter but you added instead of subtract in the 2nd to last question.
@adapttuition4 жыл бұрын
Jamar McFarlin, hey thanks for pointing that out. I’ll take a look and try not to have any serious mistakes going forward 😊
@jamarimcfarlane48444 жыл бұрын
@@adapttuition u missed it because it was the last thing u did. You're very welcomed.
@adapttuition4 жыл бұрын
I saw it, it’s around the 32:00 mark. It was a typo, I entered a “0” instead of a “-“ in the formula.
@michaellorde58533 ай бұрын
Why am I seeing this 1 day after paper 2
@adapttuition3 ай бұрын
That’s a good question
@brit76273 жыл бұрын
sir any about prov for depreciation?
@adapttuition3 жыл бұрын
Sorry not yet but check the Jan 2017 paper and Jan 2018 paper
@xaladrez78113 жыл бұрын
where is the video with the other method using bad debt expense ac??
@adapttuition3 жыл бұрын
Hi! Thanks for watching 😊 I haven’t gotten around to making that video yet it thanks for the reminder.
@revisionmotara27602 жыл бұрын
Hi there just wondering where do you get ur questions from
@adapttuition2 жыл бұрын
Hi 😊 With the exception of the past paper questions I create all of the material I use
@revisionmotara27602 жыл бұрын
@@adapttuition where would the best place to find past paper questions as I’m studying in the UK for my A-Levels. I’ve tried looking at the exam board website but its not ver helpful. BTW I’m with AQA
@adapttuition2 жыл бұрын
Hey 😊 Yeh, those past papers are ridiculously hard to come by. I haven’t gotten any of those in years. The ones where I am which are from a different exam body are sort of “smuggled” out as well
@revisionmotara27602 жыл бұрын
@@adapttuition oh ok thanks ur literally a life saver
@adapttuition2 жыл бұрын
Happy to help where I can 😊 Wishing you the best of luck
@tallyg34954 жыл бұрын
LIFE SAVER. LIFE SAVER.
@adapttuition4 жыл бұрын
Thanks for the kind words. My pleasure to help. Let me know if you have any questions 😊
@QuaceMontego2 жыл бұрын
Are you from Jamaica or Trinidad and Tobago?
@adapttuition2 жыл бұрын
Hi, I’m from Trinidad and Tobago 🇹🇹
@QuaceMontego2 жыл бұрын
@@adapttuition I guessed Right😁😁 I love your Accent😁
@adapttuition2 жыл бұрын
Thanks very much 😊
@animeocity66093 жыл бұрын
uh how is that in the first one its an increase and its less than the change and in the last example its less than the change but its a decrease
@adapttuition3 жыл бұрын
Hi, if you put the time from the video where these things happen I can see exactly what you are referring to. Be sure to use four digits like this 02:30 It will turn blue and I’ll be able to click on it and see what it is you are asking about.
@animeocity66093 жыл бұрын
@@adapttuition oh i just realized its the provision your determining the increase and decrease by and not the change
@adapttuition3 жыл бұрын
There you go 😊 Good job! Keep it up!
@animeocity66093 жыл бұрын
@@adapttuition thank you
@animeocity66093 жыл бұрын
@@adapttuition are we getting provision with discounts allowed?cause thts really confusing too
@TheobviousTruth-_-3 ай бұрын
I have ts in 3 days🥲
@adapttuition3 ай бұрын
Three days can be sufficient time if you have a good plan and you execute on it
@lokovalentine77493 жыл бұрын
i have a question
@adapttuition3 жыл бұрын
What’s the question?
@adapttuition3 жыл бұрын
Hi, could you kindly send questions to me on Instagram @adapttuition or to my email chris@adapttuition.com? Also, please be mindful I am very busy so I do not always have time to read and do long questions. Thanks
@lokovalentine77493 жыл бұрын
@@adapttuition if A motor vehicle was sold on credit on 31 December 2018 for sh.458,000. The motor vehicle had been bought on 1 June 2017 for sh. 1,000,000 the sale had not been recorded to the ledger. Creditors is 4340000 and debtors 8070 How do you calculate this and where do you place it in the income statement
@breannaharry40422 жыл бұрын
Sir you watch Batman?
@adapttuition2 жыл бұрын
Not yet 🙁 I wanted to see it since it opened but just haven’t gotten the time to go see it.
@breannaharry40422 жыл бұрын
@@adapttuition ಥ_ಥ I liked it. It was close to the comics and didn't have too much cgi.
@adapttuition2 жыл бұрын
Nice 😁 Gonna try to see it soon.
@kobesimon41214 жыл бұрын
Sir can u do some paper 1 questions
@adapttuition4 жыл бұрын
Kobe Simon hey! That’s on the agenda to get done next year hopefully before mock exams (mid March) but definitely before the actual exam. Might do some free live sessions. Will let y’all know on IG
@kobesimon41214 жыл бұрын
Okay thank you so much
@adapttuition4 жыл бұрын
Kobe Simon sure thing!
@zenoraalexander92182 жыл бұрын
GOOD VIDEO!!!
@adapttuition2 жыл бұрын
Thanks for watching! Glad you enjoyed it. Keep up the good work 💪🏽🧠