In this Video We Will Discuss Accounts From Incomplete Records in Accounts all Concepts, Problems and Examples for CA Intermediate. This Video is also Helpful for Other Commerce Students CA Inter Group 1 Accounting https://www.escholars.in/s/store/courses/description/CA-Inter-Accounting-Group-1-May-2020 CA Intermediate Course https://www.escholars.in/s/store/courses/description/CA-Inter-June-2020 CA Intermediate Group 1 with Test Series https://www.escholars.in/s/store/courses/description/CA-Inter---Group-1-100-Success-Pack-May-2020 CA Intermediate Group 2 with Test Series https://www.escholars.in/s/store/courses/description/CA-Inter---Group-2-100-Success-Pack-May-2020 Topics Covered in this Video:- 00:00 Introduction 03:24 Statement of affairs and balance sheet 06;59 Cash and bank account 09:59 Debtors account 14:30 Bills receivable account 17:11 Special points 18;38 Creditors accounts 23:54 Special points Topic Covered: Introduction Cash and bank account Debtors account Bills receivable account Creditors accounts Expenses under P&I Accounts from Incomplete Records:- Meaning of Incomplete Records: Incomplete records refer to a condition wherein; an establishment is not practising double-entry bookkeeping. Instead, it is practising an unconventional accounting system, namely, a single-entry system, to sustain a decreased amount of data about its financial results. Under a single-entry system, it is reasonable to keep a cash-basis income statement, although not a balance sheet. It is also feasible that the administrators of a firm, resolve to maintain a double-entry bookkeeping system, but the accounting records are incomplete. Reasons for Incomplete Records: Fraudulent behaviour: Employees may voluntarily confuse or nevermore record some transactions, that they can flee with the company assets or record extreme degrees of profitability. Inadequate systems: There may be an incomplete system of methods and helping authorities in place that different business transactions are not recorded in the accounting system. Loss during the transition: A company may not sufficiently shield its old records when moving to a new accounting system, and loses a few or all the old records. CA Intermediate: Grooming education academy is engaged in providing qualitative commerce education to society at concessional prices. We believe in Research, reasoning and result and thus our learners admit our USP of: "Pioneer in developing concepts".