Rectification: In MCQ 2, the journal entry for provision would be : P&L a/c dr To provision for repairs In P&L : provision is expensed off this debit In balance sheet: liability is created for provision, thus credit Thus to reverse it in income statement: we credit it
I was very tensed up abt AS but nw ....your explanation🔥 helped me a lot to understand the concept clearly. Much needed🙌🏽 pls post all the AS .. thanks a ton bhavana mam🙏🏽
Mam can you upload AS 14,21,23,27 videos ASAP I have watched all your AS videos mam it is very much useful mam❤hope you to support us by uploading remaining videos mam😊
Bhavana akka , I am writing my upcoming inter exam @may24 so I request u to post new videos for following AS AS 19 AS 20 AS 22 AS 16 AS 17 AS 13 AS 11 AS 7 AS 9 (if possible) AS 12 (if possible) Since the above said are bit technical and important one !!!
Rectification: In MCQ 2, the journal entry for provision would be :
P&L a/c dr
To provision for repairs
In P&L : provision is expensed off this debit
In balance sheet: liability is created for provision, thus credit
Thus to reverse it in income statement: we credit it
I'm requesting you mam please post all the ASs and great thanks to you for sharing the knowledge at free of cost to me
I was very tensed up abt AS but nw ....your explanation🔥 helped me a lot to understand the concept clearly. Much needed🙌🏽 pls post all the AS .. thanks a ton bhavana mam🙏🏽
17:42 Illustration 2
thank you mam. Its very crisp , to the point . plzz post all the ASs videos + module question + solutions. your teaching style is great.
25:12 Ma'am, when a provision is created it has to be credited and when the same is reversed, it has to be debited, right?
In the income statement (or P&L as mentioned in the question), we debit the provision as an expense, thus to reverse we credit it.
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Consistency's online academy ✅
How can you be so consistent 😢without even a motivation of money.
No we can rename as Saviour Online Academy ❤
Please mam upload all the AS conceptual videos with part a and part b
It helps us a lot
00:28 Eg 1
Thank you so much ma'am I am stuck in this easy topic for 40 minutes but you cleared with conceptual clarity .🙏👌
appreciated efforts
Thank you so much ma'am ❤️
Ma'am I request you to please provide all AS in one playlist applicable for may 2024 exams
Thank you so much ma'am for the wonderful lecture 😊
Most welcome 😊
Thank you so much mam. And can you upload part 3 of AS 20 please
Ma'am plzz share another schedule of As which will be covered by you in future..🙏😊
Mam when will you upload AS 23 and 27 mam..plz kindly upload mam 🙏 😊 ..you are such a greatest faculty ever❤💯🙏🙏
Thanks mam❤🥰Mam can u please upload AS 22 next..?
Mam intro ,framework , preparation of acc std also upload
Could you please upload audit classes as per new syllabus mam
Ma'am plz upload all remaining as with new module ....and plzz ma'am upload as soon as possible...
Bcoz exams are very near to us ....🙏🙏
mam as 23 and as 27 plz need
i want question solving video for old uploaded as mam
Thanku mam❤🎉can u nxt upload AS 22..?
You can refer to my previously uploaded video for that
Thank you mam❤
Mam when will as 27 and 23 will be uploaded
Mam ...for example if law will be virtually certain in F .Y 2025 then we should make provision in 2024 ..right?
Mam will you upload All AS again or provide old AS recording + New AS??????
Mam can you upload AS 14,21,23,27 videos ASAP
I have watched all your AS videos mam it is very much useful mam❤hope you to support us by uploading remaining videos mam😊
Mam pls upload part 3 of AS20
❤
Need as27 urgently
Mam please upload AS 21,23,27 as PER NEW SYLLABUS.
Bhavana akka , I am writing my upcoming inter exam @may24 so I request u to post new videos for following AS
AS 19
AS 20
AS 22
AS 16
AS 17
AS 13
AS 11
AS 7
AS 9 (if possible)
AS 12 (if possible)
Since the above said are bit technical and important one !!!