Video Link: https://youtu.be/2a0WZgdx4Y0

In this video, I have explained:

1) The meaning of ‘Valuation of Accounts Receivable’, ‘Allowance for Bad Debts’ & ‘Net Realizable Value’

2) The approaches to estimate bad debts i.e. Balance Sheet and Income Statement Approach

3) The method to compute bad debts under balance sheet approach and solved 6 relevant cases by making computation for estimated bad debts, passing journal entries for write off and estimated bad debts, preparing ledger for allowance for bad debts and partial balance sheet to show net realizable value.