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Cash Flow Statement
Accountancy
How they calculated the Value of Trade Receivable [30,60,000 - 23,90,000] I understood adjustment for doubtful debt value of 2,70,000 which has been derived from [(1,90,000 + 2,30,000)-1,50,000]
Answers (5)
Thread Starter
A BSorry I forgot to tell you when columns are opening balances or closing balances For reference I have Attached Entire Question Practical Question - 6
I figured out how to do it.. it took time but finally understood after searching the web.
Thread Starter
A BI figured out how to do it.. it took time but finally understood after searching the web.
And i understood how to all questions are structured and values are derived. But conceptually we can solve this using ledgers but it takes time and might be confusing at times. So i think if i practice the illustrations directly without ledgers i will be able to do it. If i am doing wrong please tell me ha And one more thing if multiple adjustments exists for same account its better to prepare a ledger as working note.
CA Suraj Lakhotia Admin
In my video - first ledgers are prepared to explain the concept. Subsequent illustrations you need to just look at the difference and solve. NO need to prepare ledgers unless you have missing information.
I think I should Not have said That your lecture was boring. I am sorry but i really felt sleepyâ?¦ when i will revise this topic i will see entire video and clear my basic :)