What is the entry for bad debts recovered
Answers were Sorted based on User's Feedback
Answer / chandan_70036
Bank A/c Dr.
To Bad Debt Recovered A/c
(Being bed debt recovered)
Bad Debt Recovered A/c Dr.
To Profit & Loss A/c
(Being bad debt recovery transfered to P & L A/c)
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / sandeep kumar sharma
Cash A/c dr
To BedDebt Recovred A/c
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / andrew tereb
Account Receivable Dt
Allowance for doubtful accounts Ct
Cash Dt
Account Receivable Ct
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkatreddy
bad debts a/c dr
to detors a/c
(being bad dets)
| Is This Answer Correct ? | 0 Yes | 4 No |
Tell me,as per companies which section P&L Account and balance sheet will be prepared
how to adding entries in tally complete new company
What is the last date of submitted of individual itr and Balance sheet, and company itr and balance sheet?
paid Rs.500 to tax amount which was due for two months pass journal entries
Classification of Errors as per Accounting
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
what is suspense account?
What is the Technology used to carry out trades? Pls Tell me as early as possible.
On receive of Import material & to book purchase value, any form require from Importer / Clg. & Fwdg. Agent
Give example of an intangible Asset that is depriciable
paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.
0 Answers Real Group Of Companies,
Please explain about wages control account?