Tell me the General entry for provision for bad debts?

Answer Posted / krishanaveni

bad debts
to
provision for bad debts a/c

Is This Answer Correct ?    8 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the difference between Assets Allocation & Security selection?

2425


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1663


what is an advance against expenses

2945


Could u show me the sample TDS Document / Template

1717


Which Exchange determine Foreign Exchange/Currency Rate?

1613






Which Exchange determine Foreign ?

1675


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2150


Which entry we pass self entry like cash withdraw for ourself

1251


How & When We Calculate Deffered Tax... Please Give me Some Example.?

1725


which kind of expenses or Income will come under direct expenses or Income ?

1698


1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?

1706


Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times

1956


Expand-------NAST

1758


What is the meaning of Debt reconciliation and how to do debt reconciliation?

1978


types of inventory

1848