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

  Рет қаралды 70,500

FOG Accountancy Tutorials

FOG Accountancy Tutorials

Күн бұрын

Пікірлер: 65
@mohamedalhajisesay1998
@mohamedalhajisesay1998 2 жыл бұрын
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.
@MichaelAgage-jf1dp
@MichaelAgage-jf1dp 7 ай бұрын
Thank you very much
@coachmary1715
@coachmary1715 5 ай бұрын
@SaviourPeter-px6ol
@SaviourPeter-px6ol 3 ай бұрын
Thank you so much sir, for saving me. You are the best accounting Teacher/Lecturer that ever teach me. Each time I watch your video with zero knowledge on the particular topic, before the end of that video I always go with full knowledge on that topic. Kudos 💯 Sir your teachings are Excellent ☑️.
@kapishabelicious7875
@kapishabelicious7875 Ай бұрын
This man is the best 👌 👍 😍 🥰 ☺️
@YvonneKayafa
@YvonneKayafa 12 күн бұрын
Very informative
@lindagaza8638
@lindagaza8638 3 ай бұрын
Very helpful sir. Thank you so much. Please I need part 3
@julietnankonde2924
@julietnankonde2924 Ай бұрын
This man is the best
@TemakhonkosiNhalungo
@TemakhonkosiNhalungo Жыл бұрын
This was very informative 😊❤thank you sir
@DorisMusoka
@DorisMusoka Жыл бұрын
This was very helpful Thank you very much Sir 🙏
@batambuzestephen8243
@batambuzestephen8243 Жыл бұрын
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
@yusufabdirahmanjama8720
@yusufabdirahmanjama8720 3 жыл бұрын
An other amazing lesson thanks
@samuelallotey2549
@samuelallotey2549 Жыл бұрын
Your explanations are very helpful, thank you very much
@ProsperSuccess-f3t
@ProsperSuccess-f3t Жыл бұрын
Hi sir I really want appreciate your hard work to help students understand thank you very much God reachly bless you
@giftzulu498
@giftzulu498 Жыл бұрын
great i loved it youre a good teacher
@euniceadinyah2163
@euniceadinyah2163 2 жыл бұрын
Thanks so much. Very easy to understand😃
@MokalaColumbusAyong-gw1cr
@MokalaColumbusAyong-gw1cr Жыл бұрын
Thank you very much: your lesson very easy to understand.
@tieey
@tieey 3 ай бұрын
Thank you SIr. Very helpful☺☺🙏
@fahadmohammed3199
@fahadmohammed3199 3 жыл бұрын
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.
@priscillayoung8312
@priscillayoung8312 2 жыл бұрын
Great work, Please do the video on the part 3 🙏🏼
@letslearnburmeselanguage5110
@letslearnburmeselanguage5110 2 жыл бұрын
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.
@thaboncube7040
@thaboncube7040 2 жыл бұрын
Great explaination thankyou
@seneiyalesame
@seneiyalesame Жыл бұрын
What if the provision for doubtful debts remains constant through the years? How will it be treated in the P&L account?
@yayonetwork1569
@yayonetwork1569 2 жыл бұрын
Good job you are doing ,I wished you could had also done an episode on short term investments
@benquaye9469
@benquaye9469 2 жыл бұрын
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
@EbrimaSowe-vz8gc
@EbrimaSowe-vz8gc 8 ай бұрын
Thank you sir well understand
@nakalehelena
@nakalehelena Жыл бұрын
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
@IsaacAnkugah-bg6os
@IsaacAnkugah-bg6os Жыл бұрын
Sir please I'm waiting for the part 3 of this video. Pls📝📝
@kumjoseph4531
@kumjoseph4531 Жыл бұрын
Which of the balance of the debtors figure do we calculate provision for bad debt on. Opening or closing
@kidsplay4002
@kidsplay4002 Жыл бұрын
Your so easy to understand thank you for your easy explanations has part 3 been uploaded by any chance ?
@SchoolAccount-kw7tw
@SchoolAccount-kw7tw 7 ай бұрын
15:51 notes for self
@manassehleonard2879
@manassehleonard2879 Жыл бұрын
Thank you for the lecture
@kiizayona351
@kiizayona351 Жыл бұрын
Thank you, Mr. Felix, for the elaborate breakdown of bad debts and provision for doubtful Debts.👋
@jeffreykent5610
@jeffreykent5610 Жыл бұрын
Where do we find Part 3 of this topic, its not uploaded anywhere here.
@RSH592
@RSH592 2 жыл бұрын
Great Work!
@isatoukanteh-wz6fx
@isatoukanteh-wz6fx 2 ай бұрын
may god bless you
@AmazingLightVincentEjiro
@AmazingLightVincentEjiro 7 ай бұрын
God bless you sir
@HerriethMohale
@HerriethMohale 6 ай бұрын
In case whereby we are not given a percentage, how do we deal with it
@thetngonephue1608
@thetngonephue1608 2 жыл бұрын
SO GOOD SIR
@peaceudoh3836
@peaceudoh3836 Жыл бұрын
Could it be called provision for bad and doubtful debt?
@harrisonjervis5819
@harrisonjervis5819 2 жыл бұрын
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.
@DesmondSakyi-pb6zd
@DesmondSakyi-pb6zd 3 ай бұрын
Please I can't find the part three of this topic ohh
@obasinasome7702
@obasinasome7702 7 ай бұрын
Much love
@yuhwamsilas6149
@yuhwamsilas6149 Жыл бұрын
Thanks for explanation you're too much.
@khadijahjarju9836
@khadijahjarju9836 2 жыл бұрын
Thanks you so much sir 🙏
@zunaidkanema3319
@zunaidkanema3319 Жыл бұрын
Are you an accountant coz am amazed
@KingslyMitanga
@KingslyMitanga 8 күн бұрын
Understandable
@jujudossantos8450
@jujudossantos8450 2 жыл бұрын
What are net received
@richmiluv3710
@richmiluv3710 2 жыл бұрын
I think u didn’t really follow the lectures well, he made mention of that bro so go watch it again for better understanding. Thank You
@bernadettedoh9445
@bernadettedoh9445 2 жыл бұрын
Thank you very much sir, please I didn't quite get where the 1000 debited in the debtors account came about.
@mosesjoshuakoroma8067
@mosesjoshuakoroma8067 2 жыл бұрын
may God continue to bless you sir.
@fynnkwesiegyir
@fynnkwesiegyir 3 жыл бұрын
I need part 2
@abdulailaptobangura9403
@abdulailaptobangura9403 3 жыл бұрын
Hi sir I'm Abdulai Bangura from Sierra Leone Can u plz help me with " Redemption of Debentures through Sinking Fund ( Companies )
@PabloAnthonio-mg7er
@PabloAnthonio-mg7er Ай бұрын
Sir pls you did not create a video on bad debt recovered
@paddy2797
@paddy2797 5 ай бұрын
Why use dollars instead of cedis please
@remikavishe5012
@remikavishe5012 3 жыл бұрын
Thanks sir for a nice period! May you please help us on how to open joint venture account
@abubakarmusayerimaru9879
@abubakarmusayerimaru9879 2 жыл бұрын
Thank you so much sir. You have contributed immencely to my academic life. Today I watched your videos on end of year adjustment but one problem militated against my ability to apply the knowledge till I watched this video. The problem is I don't know the second treatment for an additional bad debt but you have vividly explained it here. Once again thank you tremendously.
@obasinasome7702
@obasinasome7702 7 ай бұрын
@hillsongcovers2173
@hillsongcovers2173 Жыл бұрын
Could it be also called Provision for Bad and Doubtful Debts?
@Pwittipearl
@Pwittipearl Жыл бұрын
Provisions
@chiomaike4844
@chiomaike4844 2 жыл бұрын
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.
@FOGAccountancyTutorials
@FOGAccountancyTutorials 2 жыл бұрын
Alright... I’ll do that
@dorothyds1057
@dorothyds1057 2 жыл бұрын
@@FOGAccountancyTutorials sir please can I have your WhatsApp contact please
@BrianNortey
@BrianNortey Жыл бұрын
What u are teaching is not like that
@maryakorli9971
@maryakorli9971 Жыл бұрын
Please provide your source
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