Answer Posted / shailendra kumar
bad-debt expense, is that expense incurred in the
unsuccessful attempt to realize payment of a Account
Receivable. Uncollectible account expenses must be incurred
in the time period in which the related sales are made,
e.g. an AR that originates from a credit sale in January
and is determined to be uncollectible in June represents an
expense in January
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
give me only one transactions in both side (debit&credit) should be in real accounts
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
What are different types of reports made in tally
What Kind Of Requirements for Vat Refund And Assessment Cases
what is sevice tax? on what service tax is applicable. explain with examples?
What is inter-corporate deposits? and where it is shown in balance sheet?
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
what did you mean by cash credit limit account ?
What problems might be encountered if there were no accounting standards?
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
How i pass the share holders capital entry in Tally? How to set this option in Tally?
what is the procedure of interview question in genpact
What is the Accounts Payable & Accounts Receivable ?
EXPAND______________ICC
What are the stages involved while preparing business blue print with examples?