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Here I have explained the concept of Provision for Doubtful Debts and it's entire accounting treatment from very basics in a simple way. After watching this video you will be able to do this adjustment while preparing Financial Statements ( Profit & Loss A/c and Balance Sheet) ⏱TIMESTAMPS 00:00 - Intro 00:52 - Basic Terms 04:33 - Concept with Practical Example 11:10 - Accounting Treatment of Provision 46:52 - Further Bad Debts Example Next : #2 Provision for Doubtful Debts - 5 Problems https://youtu.be/qfQuDOuCvIE Introduction to Accounting - Basics Concepts https://youtu.be/xWKfKCnQqAE PDF Notes (Telegram) https://t.me/sahebacademy7 Clear your doubts by direct messaging us on Instagram https://www.instagram.com/sahebacademy/ Please Like, Subscribe and Share this video on your social media account. #accounting #class11 #cafoundation
