Interested to Buy Any Domain ? << Click Here >> for more details...
We had billed to a Customer Rs. 50000/- he paid 45000 to us n not paying balance 5000/- how and where to enter Rs. 5000/-
Is it bad debt...
- 1 Answers
- 3917 Views
- I also Faced
- E-Mail Answers
Answer / mukesh sharma
its depend upon the probability of such person i.e. before taking any answer u must check the previous records of such person and then analyse if he regular paid his dues then u have no need to take any action and if he is a frauder then make a provision for rs. 5000 by making a journal entry
p/l a/c....dr.
to provision for doubtful debts a/c
| Is This Answer Correct ? | 8 Yes | 1 No |
What accounting Treatment we should do while we received Amount Rs 39200 After deducting Tds 800 From Invoice Amount 40000. Kindly also explain for deducting Tds should be booked under which Head of Tally.
In which ways is math used in accounting
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
What is the difference between perpetual & periodic inventory system?
WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
Among financial and cost accounting,which is more important? why?
Tell me do you have any idea about service tax or excise?
what the three thing that can not make accounting statement balance?
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
What is meaning of cenvat credit please described in detail.
16 Answers Ferrari, Steelco Gujarat Ltd, Whirlpool,
Audit 
