How baddebts received effects in trial balance and
balancesheet
Answer / mudunoori
If bad debts Received, it will affect the Profit and loss
account. It wont affect balance Sheet. bad Debts will be
allowed as deduction from total income. If received in next
it will be taken in to P&L account under other income.
| Is This Answer Correct ? | 8 Yes | 0 No |
expand T R P
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
what is meaning of SOP.
what is the distinction between provisions and reserves
Create Good Will of Rs 125000 and apportioned between the existing partners A,B and C as per their sharing ratios 25%,35% and the remaing %. Pass journal entry
In sales what rule applicable
what is difference between income accrued and income receivable?
How good are you at Finance?
what do you mean by Bank reconcilation statement
29 Answers Accenture, BPO, Citi Bank, CitiGroup, DOC, Fullerton, Global Talent Track, Northern Trust, SGI, State Bank Of India SBI,
what standing order and what is debit note
EXPAND______________PSU
Tell me the steps for Import and Export Thanks