Provision for Discount on Debtors | Class 11 Accountancy LIVE Financial Statements With Adjustments

In this LIVE class, we will cover the important adjustment Provision for Discount on Debtors from the chapter Financial Statements With Adjustments in Class 11 Accountancy. Students will learn how to calculate the provision correctly and how to show its effect in the Profit and Loss Account and Balance Sheet. This topic is frequently asked in CBSE exams through practical numericals and adjustment-based questions. What will be covered: Meaning of Provision for Discount on Debtors Why provision is created Calculation of provision on closing debtors Treatment in Profit and Loss Account Treatment in Balance Sheet Adjustment with Bad Debts and Provision for Doubtful Debts Step-by-step numericals Common exam mistakes and board presentation This session is ideal for Class 11 CBSE students preparing for the 2025–26 Board Examination. Channel: Success Mantra for Class 11 and 12 Educator: CA Manish Kalra