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Here I have explained the concept of Provision for Discount and have solved two problems of Final Accounts with this adjustment. 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 01:07 - Basics of Discount 07:25 - Provision for Discount Concept 22:05 - Problem 1 - CMA Illustration 29:10 - Problem 2 - CA Foundation RTP #1 Provision for Doubtful Debts https://www.youtube.com/watch?v=PYaMpgZr7O4 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
