Interested to Buy Any Domain ? << Click Here >> for more details...
In case of Bad Debt such amount should be credited to
1.Cash account
2.Debtors account
3.Sales account
- 2 Answers
- 14996 Views
- I also Faced
- E-Mail Answers
Answer Posted / ca. parveen goyal
in case the bad dedts arise on account of amount
unrecovered for the sale made earlier then the same should
be credited to the respective debtors account. however the
same should be done only after reasonable follow up for its
recovery and after reasonable period of time (say 2 or 3
years)
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
What is EBITDA
How will be prepare invoice in tally, please tell me step by step
what is sevice tax? on what service tax is applicable. explain with examples?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
what are the difference between banking institutions and financial institutions?
wht can u do for the growth of bhel?
• What are the types of cash flows?
How to raise my credit score if I have 500 credit score?
Expand---------MDOT
is it necessasary to make a partnership deed
What is Mean By FRS for HQ reporting, How To Prepare?
Process of the settlement cycle?
define bank Draft
