what is the difference between provision for bad debts and
reserve for bad debts?
Answer Posted / prince
Reserve is an appropriation of profit and therefore it is
debited to P & L Appropriation A/c, whereas
Provision is an charge against profit and it is debited to
P & L Account
Is This Answer Correct ? | 12 Yes | 3 No |
Post New Answer View All Answers
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
What is ABC Analysis in industrial function. hw can it s maintain ?
differnce between the 4.7 & 6.0 versions?
What is EBITDA
If someone knows about the test pattern of Junior executive accounts than please share.
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
how to mention last year profit of ay private limited company in current year balance sheet ?
what do you mean indirect expanse in trading business?
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
Examples of automatic generated content material of car logbook loans?
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
Why we reconcile our debtors? what steps we taken during reconciliation.
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
Why does one need a broker?
What is the analytical way of accounting?