Bad debt Expense Allowance method Bad Debt | Financial Accounting Course | CPA Exam FAR ch 7 p 3

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  • čas přidán 30. 07. 2024
  • IN this video, I discuss bad debt expense. A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay. A bad debt expense is a financial transaction that you record in your books to account for any bad debts your business has given up on collecting.
    ✔️Accounting students and CPA Exam candidates, check my website for additional resources: farhatlectures.com/
    📧Connect with me on social media: linktr.ee/farhatlectures
    #CPAEXAM #financialaccounting #accountingstudent

Komentáře • 28

  • @md.al-mamunemon8508
    @md.al-mamunemon8508 Před 2 lety +6

    I admire you sir, your teaching style is just amazing.
    Your deserve more subscribers, likes and responses.

    • @AccountingLectures
      @AccountingLectures  Před 2 lety

      Thanks a lot! Here's my financial accounting course. farhatlectures.pathwright.com/library/financial-accounting-spring-2020/about/

  • @bahosman2721
    @bahosman2721 Před 3 lety +2

    You remind me of the saying “ Teachers are born not made”
    Thanks for making a difference!

    • @AccountingLectures
      @AccountingLectures  Před 3 lety

      Most welcome.
      Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @anaraquelmartinezolivo4667
    @anaraquelmartinezolivo4667 Před 7 měsíci +1

    Thank you so much professor . You have gotten me through this semester 🙏 may God continue to bless you and your family.

    • @AccountingLectures
      @AccountingLectures  Před 7 měsíci

      You are very welcome! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!

  • @sokainazouak857
    @sokainazouak857 Před rokem +2

    EXCELLENT AT EXPLAINING! I wish I came across your videos much earlier. Thank you so much!

    • @AccountingLectures
      @AccountingLectures  Před rokem

      Glad it was helpful! Thank You. Please visit my website for more: www.farhatlectures.com

  • @nahidnishat5543
    @nahidnishat5543 Před 2 lety +1

    most beneficial lecture🙂🇧🇩❤️

  • @sarymarperezcarrero255
    @sarymarperezcarrero255 Před 3 lety +1

    You are the best at explaining

    • @AccountingLectures
      @AccountingLectures  Před 3 lety

      You are welcome..
      Check my website for more:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @minodoratirla8427
    @minodoratirla8427 Před 2 lety +1

    Very helpful lesson! Thank you sir!

  • @bhaskaranuthula778
    @bhaskaranuthula778 Před rokem +1

    Love you Sir❤. That's a good insight into subject.

    • @AccountingLectures
      @AccountingLectures  Před rokem

      Thank you, Bhaskar, and please visit the website for more farhatlectures.com/

  • @akshayughade9574
    @akshayughade9574 Před 2 lety +1

    Awesome 👍

    • @AccountingLectures
      @AccountingLectures  Před 2 lety

      You are very welcome! Please take a look at my website for more resources: www.farhatlectures.com

  • @johnkodhek1
    @johnkodhek1 Před 4 lety +1

    Thanks Prof.

    • @AccountingLectures
      @AccountingLectures  Před 4 lety

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @giorgilobjanidze8297
    @giorgilobjanidze8297 Před 4 lety +1

    Aweseme lecture

    • @AccountingLectures
      @AccountingLectures  Před 4 lety +1

      You are most welcome. Please subscribe and share. If you want to access more resources, check my website:
      ✔farhatlectures.com/
      ✔Instagram: @farhatlectures
      ✔ Linkedin: www.linkedin.com/in/professorfarhat/
      ✔Facebook:@accountinglectures
      ✔Twitter: @farhatlectures
      🎤Email: Mansour.farhat@gmail.com

  • @sasanknanduri3062
    @sasanknanduri3062 Před rokem +1

    Thank you so much sir, your lectures are way too good

    • @AccountingLectures
      @AccountingLectures  Před rokem +1

      Thank you and please visit the website for more
      farhatlectures.com/

  • @kevan_kane
    @kevan_kane Před rokem

    I'd like to clarify something.
    Is the adjustment of Allowance for Doubtful Accounts, for instance, $2070 at 24:23 the bad debt expense?
    Also, if the balance of Allowance for Doubtful Accounts is debit $200, using the same example from 24:23, with the ending balance of Allowance for Doubtful Accounts still being $2270; would it result in the adjustment being $2470, which also means the bad debt expense is $2470?

  • @icecreamheadache7165
    @icecreamheadache7165 Před 4 měsíci

    Ily

  • @bibekbhattarai7356
    @bibekbhattarai7356 Před 2 lety +1

    This video's audio is mono.

    • @AccountingLectures
      @AccountingLectures  Před 2 lety

      please try this solution: www.google.com/search?q=change+youtube+voice+in+earphone+to+mono&oq=change+youtube+voice+in+earphone+to+mono&aqs=chrome..69i57j33i160.14900j0j4&sourceid=chrome&ie=UTF-8#kpvalbx=_TK23Yc_sIvSJjLsP2NCF-AU17

  • @abidmajid7031
    @abidmajid7031 Před 7 měsíci

    Hello Professor. I really would like to thank you for all the help you are providing to us students. You are really like an angel.
    I was wondering fi you would ever be able to take up teaching ""US Bookkeeping"" sometime in the future. CPA is mostly concentrating on corporate accounting and a lot of us find it difficult when it comes down to Bookkeeping; which is a pre-requisite for employment in any small scale CPA office