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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
1028Post New Accounting AllOther Questions
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
what is book profit
EXPAND___________IMF
Expand----------CMST
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
interest paid comes under which head
What are the benefits ofparticipation in a depository?
Tell me the steps for Import and Export Thanks
HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
plz tell me short cut method in maths for clerck post in bank
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What are the objectives of accounting
