In this lesson, you will learn how to calculate and record bad debts, provision for bad debts, and how to adjust the provision for bad debts using the balance sheet and income statement methods. You will also learn how to record the allowance for bad debts in the balance sheet using the 2 methods. We also look at the direct write-off method of bad debts why we create an allowance.

Bad Debts & Allowance For Doubtful Accounts (Provision for bad debts) In Financial Statements: https://youtu.be/_cXbTUxIgWk

Check out other straight-forward examples on our channel.

Connect with us:
Email: info@counttuts.com
Our Website: https://Counttuts.com
Our Facebook Page: https://www.facebook.com/Counttuts
Support our Efforts: https://www.patreon.com/Counttuts

DEBT CONSOLIDATION LOANS – BEWARE The Hype – Should You Consolidate Your Debts ?

If you are taking a debt consolidation loan or thinking of consolidating your debts then take a look at this video before you do. There is a lot of marketing hype around debt Consolidation so we take a look at the reality behind the marketing statements so that you are better informed before taking one of these loans. In some situations a debt consolidation loan can be the right thing to do but beware as they are not right in all circumstances and for everyone.

Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market or investment funds. Investments may decline in value and/or disappear entirely so please make sure you do your own research. Please be careful!

#debtconsolidationloans #debtconsolidation #consolidatedebt

How Do I Deal with Time-Sensitive Debts?
Say goodbye to debt forever. Start Ramsey+ for free: https://bit.ly/35ufR1q

Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj

Get life-changing financial advice anytime, anywhere. Subscribe today: https://www.youtube.com/c/TheDaveRamseyShow?sub_confirmation=1

Ramsey Network (Subscribe Now!)
• The Dave Ramsey Show (Highlights): https://www.youtube.com/c/TheDaveRamseyShow?sub_confirmation=1
• The Dave Ramsey Show (Live): https://www.youtube.com/thedaveramseyshowlive?sub_confirmation=1
• The Chris Hogan Show: https://www.youtube.com/user/ChrisHogan360?sub_confirmation=1
• The Rachel Cruze Show: https://www.youtube.com/user/RachelCruze?sub_confirmation=1
• The Ken Coleman Show: https://www.youtube.com/c/TheKenColemanShow?sub_confirmation=1
• Christy Wright: https://www.youtube.com/c/ChristyWright?sub_confirmation=1
• Anthony ONeal: https://www.youtube.com/user/aonealministries?sub_confirmation=1
• John Delony: https://www.youtube.com/c/JohnDelony?sub_confirmation=1
• EntreLeadership: https://www.youtube.com/c/entreleadership?sub_confirmation=1

Welcome to The Dave Ramsey Show like you’ve never seen it before. On this channel, you will find all of the greatest highlights from The Dave Ramsey Show! The show also live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave’s producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you’ll see exclusive content from our Ramsey Personalities —as well as all kinds of other video pieces that we’ll unveil every day.

The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!

Farmers problems increase during the late 1970s and through the 1980s as interest rates continue to skyrocket, land prices plummet, and farmers find themselves over-leveraged.

http://iptv.org/iowastories/

The Farm Crisis is a 90-minute film produced by Iowa Public Television that examines the economic and personal disasters that afflicted the agriculture sector in the 1980s. Watch the full documentary online at http://www.iptv.org/iowastories/story.cfm/farm-crisis/10632/frc_20130701/video

Hey Hey! Welcome to another LIT segment of Credit Makes $ense w/ Netiva, The Frugal CrediTnista

**** Remember, We Don’t Grow Alone, So, Subscribe & Share! ****

This week we’re BUSTING some Credit Myths! Meet me Monday – Friday ***This Week Only*** at 12:30p EST as we BUST a New Myth Each Day!!!

Today’s Credit Myth: “I Read that If I Consolidate My Debts, I Will Pay A Lower My Monthly Payments & My Scores Will Increase. Is this True?”

Let’s Make $ense of Some Thangs!

————————————–

Have questions, you’d like answered in our Credit Makes $ense segment? Email them here!

*** Social@MNHFinancialServices.com ***
_________________________

Heard me mention my Credit on Fire Academy’s $1 Trial???

We’re offering YOU a 7-Day Trial for just ONE DOLLAR!!!
Click here to get started:

http://bit.ly/Dollar7DayTrial

_________________________

Looking for my Prosperity Team and I to work hand-in-hand with you to Transform Your Finances? #Credit #Budget #DebtElimination #HomeOwnership #RebuildingAfterBankrtupcy — We Got You!

To start, grab your reports from bit.ly/IQreport OR MyFico.com and schedule an Initial Consultation Here:

https://creditsolutions.as.me/InitialConsult

_________________________

Are you a current member of my Epic FREE community Credit Makes $ense? Here’s the link to join us; visit the pinned post for your Freebies:

www.CreditMakesSense.me

See you tomorrow!!!

Your Partner in Prosperity,

~Netiva

When trying to negotiate debt settlements with Capital One Bank, it’s important to know that their process is different from most of the other banks out there. Knowing how to strategize can make or break a settlement, so they’re important to know before you give Cap One a call.

SHARE THIS VIDEO: https://youtu.be/czGTnkuT2_A
WATCH MORE RELATED VIDEOS: https://goo.gl/efd1Eq

????????????????????????????????????????????????
For more tips on how to get out of debt,
SUBSCRIBE ??? http://bit.ly/1ZPZ8Q2
????????????????????????????????????????????????

?FOLLOW ME:
LinkedIn – www.linkedin.com/in/debtbytes
Google+ – http://plus.google.com/+MichaelBovee
Twitter – http://twitter.com/debtbytes
Facebook – https://facebook.com/consumerrecoverynetwork/

?READ OUR BLOG:
http://consumerrecoverynetwork.com

?FIND YOUR DEBT SOLUTION:
http://consumerrecoverynetwork.com/debt-solutions-review/

?ASK ME ANY QUESTIONS YOU HAVE:
http://consumerrecoverynetwork.com/ask-a-question/
(reader questions for our channel are selected from here)

Michael Bovee started CRN in 2004 with a mission to provide people in need with detailed credit and debt help. The DebtBytes Channel is an extension of the CRN blog, and is dedicated to finding the debt relief option or strategy that works best for you.

National Debt Mediation Association CEO, Magauta Mphahlele, discusses prescribed debt.

Clean Credit Debt Resolutions is a debt mediation company that has saved its clients thousands of dollars.
How much will you save?

The continuation of how you can settle debts in Singapore.

In part 2, we share a scheme by Credit Counselling Singapore or CCS.

For all other solutions and assistance do click on the following link
https://debtaid.sg/ways-to-settle-debts-in-singapore/

Learn an amazing, unusual alternative to the conventional debt-elimination options. FORGET…Debt Consolidation Loans, Re-Financing, Scrimping, Saving and Budgeting, Cutting Up Your Credit Cards and Bankruptcy.

Imagine…

Having hundreds of people sending you all the money you need to pay off ALL your debts – including your mortgage.Having them continue to send you money AFTER your debts are all paid.The money you receive is NOT a loan. Once it’s in your bank account, it’s yours to keep and spend any way you like.Being able to pay off your ENTIRE DEBT – with one single check.Having so much money accumulating in your bank account that you would never need to take on debt ever again. You could live DEBT-FREE for the rest of your life.Never needing a credit card again. All you’ll ever need is a debit card because you’ll be able to pay cash for EVERYTHING – including cars and homes – for the rest of your life.In the process of paying off your debts with this method, you automatically became wealthy.After all your debts are paid off, you continue to have an income equal to your entire debt coming in every year or every month.

This solution exists because of one of the largest, most respected and recognized companies in the world.

There’s a high probability you already do business with this company. Most people just never knew they offered a feature that could help them pay off all their debts. The goal of this book is to change that.

As Sullivan sees it, here are the problems with the current “get-out-of-debt” options:

Debt Consolidation Loans – More debt just paid out over a longer period, giving you relief with smaller payments, but years more of them.Re-Financing – Not a good idea to add new debt to old debt or extend existing debt.Scrimping, Saving and Budgeting – No Fun! And an excruciatingly slow process.Bankruptcy – Can have devastating, lingering effects.Cutting Up Your Credit Cards – Might not be a bad idea for you at this point, but you don’t have to.

Within this book, Sullivan also includes another of his bestselling books for FREE!

It’s that book that inspired this book, and holds the key to the method that makes this debt-elimination plan “The Ultimate Get Out of Debt Plan.”

Sullivan challenges you to find ANY other method that comes even remotely close to his “Get Out of Debt Plan’.

It’s all revealed in this book.

Can you really afford NOT to get this book TODAY?

Related Topics: Credit Ratings & Repair, Personal Finance, Budgeting & Money Management, Debt, How to Get Out of Debt, Debt Consolidation, Credit Card Debt, Debt Consolidation Loans, Bankruptcy