Answer Posted / padma@mba hr

If you have a general provision you can set-off the bad debt
against that account.

If you have a specific provision, you have to see whether he
has been provided for. If thats the case you just debit that
a/c. If that debtor is not individually provided for, you
have to write it off against the P&L account.



Again, normally companies have to give the breakup of the
provisions accounts in their financials. They have to show,

1. What is the actual bad debt

2. What are the general or specific provisions made during
the year.

differnce between the 4.7 & 6.0 versions?

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What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

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Is advance paid wages has credit balance?

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What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

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In case of new admission of partner what will be the adjustment for the sharing ratios

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For what purpose ERS is used for?

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1. Fdr mature with interest

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what types of essays are giving in bank of america. can any one tell the opics? LAVANYA

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honararium for the month of march 2013 can be paid on 31 mar 2013

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what is Ratio Analysis ?

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hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

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What Are The Characteristics Of Modern Accounting?

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Example for extra ordinary expenditure?

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While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.

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while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

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