Bad Debt & Allowance for Bad Debts | Direct Write-Off, Balance Sheet & Income Statement Method

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In this lesson, you will learn how to calculate and record bad debts, provision for bad debts, and how to adjust the provision for bad debts using the balance sheet and income statement methods. You will also learn how to record the allowance for bad debts in the balance sheet using the 2 methods. We also look at the direct write-off method of bad debts why we create an allowance.

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Thank you that was very clear and useful

جمانة-عي

No questions or queries. But I have to complement you. Thanks to you I've passed courses with A's!

tilanavanschalkwyk

Thank you sir your lecture is really useful for me thanks ...🤗🌷

TheWiseWorldStudents

Thankyou Mr for this video. Now I have a fair idea about the doubtful debt and Bad debt by your explanation...

banedickzetro

Explained really well in simple way, thumb up

fidamuhammad

Thanks sir.. for made me understand simply

sawansinghrajput

Am really benefiting in your lesson don't u hv some for cost andmanagement accounting

MarthaIndongo-elzz

what will be the journal entry for old bad debt s and further bad debts.

sumankhadka

is the bad debt contar with Allowance for doubtful debts or doubtful debts?
debit doubtful debts credit allowance for doubtful debts?

masoomazohal

This is the best explaination so far. My teacher couldn't even clear it in one hour lecture but you did in 14 mins

editsbyali

Thank you that was well explained! although I did have a hard time with the accent since my english is different here in Phil, but you explained it really well and fast without confusing me. Thank you that was really appreciated.

charissmonera

Thanks sir, why some people say that the provision of doubtful debt is as a liability??

ahmedal-khadouri

A nice Teacher. A great explanation . Thanks for your help

safi

The visual is EXCELLENT, Thank you. Got so much out of this video than reading the text book :)

b.c.

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