AS Level Accounting 9706 FREE Course by Sir ARD in Urdu/Hindi
What you will learn
Accrued (Accruals) Expense and Income
Prepaid (Prepayments) Expense and Income
Irrecoverable Debts and Debts Recovered
Provision for Doubtful Debts and Financial Statement Extracts
Description
You will learn these two topics in this FREE Course
FREE Course Content
Accruals and Prepayments
- Accrued and Prepaid Expense Concept
- Expense Ledger Account
- Accrued and Prepaid Income Concept
- Income Ledger Account
- Income Statement Extract
- Statement of Financial Position Extract
- Accounting Principles
- Practice Question (Past Exam Papers)
Irrecoverable debts and Provisions
- Irrecoverable (Bad) Debts
- (Bad) Debts Recovered
- Provisions for Doubtful Debts
- General vs Specific Provisions
- Income Statement Extract
- Statement of Financial Position Extract
- Accounting Principles
- Practice Question (Past Exam Papers)
Other payables and other receivables
• recognise the importance of matching costs and revenues
• prepare ledger accounts and journal entries to record accrued and prepaid expenses
• prepare ledger accounts and journal entries to record accrued and prepaid incomes.
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Irrecoverable debts and provision for doubtful debts
• understand the meaning of irrecoverable debts and recovery of debts written off
• understand the meaning of Provisions for Doubtful Debt (General vs Specific Provisions)
• prepare ledger accounts and journal entries to record irrecoverable debts
• prepare ledger accounts and journal entries to record recovery of debts written off
• explain the reasons for maintaining a provision for doubtful debts
• prepare ledger accounts and journal entries to record the creation of, and adjustments to, a provision for doubtful debts
