A Level Accounting 9706 (AS Level Accounts) ARD | Urdu/Hindi

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.

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