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reserve for doubtful debts is wich type of account?

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reserve for doubtful debts is wich type of account?..

Answer / sivaramakrishna rao .b

reserve for doubtful debts is a representative personnel account

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reserve for doubtful debts is wich type of account?..

Answer / hussain

by cash are bank a/c
to Suspense a/c

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Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

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