Answer / b.narasimha rao

WHICH AMOUNTS ARE NOT RECOVERED FROM CUSTMER

Answer / ankita

i want to add one point that bad debts are deducted from
debtors in the balance sheet and they are shown on the dr.
side of profit & loss a/c as expense.

Answer / satyaki_raju@yahoo.com

Accounts receivable that proves to be entirely or partially
uncollectable despite collection efforts

Answer / atif

It is debts instead of debits. The amount which is not
recoverable from debtors is called bad debts.And it has to
be eliminated from receivables by passing an adjusting entry
at the end of a financial year.

Expand---------MNOP

0 Answers  

---

What do you mean by invoice?

4 Answers   HSBC, IBM,

---

How should you treat money donated to improve a building, which is a permanent endowment?

3 Answers  

---

whats is the Journal entry for Telephone Expenses?

22 Answers   JPMorgan Chase,

---

what is open item management?

2 Answers   Keane India Ltd,

---

3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

0 Answers   Ignou,

---

For More Questions In E&Y,Earnest and Young, Banglore Mail TO "tvsethu@gmail.com". i can Guid u.

0 Answers   Ernst Young,

---

What is the difference betwn "Inventory" and "Stock".

11 Answers   ICA,

---

why do u prepare trial balance

6 Answers  

---

what is t.d.s

1 Answers  

---

what is authorised capitla and subscribed capital

14 Answers   ANZ, Capital IQ, Insurance,

---

What will be the journal entry of provision for income tax in the financial year .

22 Answers   Genpact, VSR Ventures, YEA,

---