Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the journal entry for bad debts?

Answer Posted / abdussalam

1. Bad Debts a/c Dr.
To Provision for Bad debts

for Creating Provision

2. Provision for Bad debts a/c Dr
To Debtors

for write off Debtors

Is This Answer Correct ?    17 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to mention last year profit of ay private limited company in current year balance sheet ?

1220


Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

2028


Do you need an income statement if you do part time contract work at home?

2108


please send me some previous sbi clerical interview questions to my email id....

2094


what is Calculation of Gross Profit Or Gross Loss?

2184


what is the frienge benefits tax?what is usefull?

2015


How can I explain p2p process in SAP?

3168


Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2150


Why you want to leave your present job while they offer you with good offer?

1915


What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?

2270


Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?

1954


Under the accrual basis of accounting incomes are recognised at the time -------------------

2148


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2268


plz send me hsbs finance questions asked in the interview ans appitude also

2816


what is payment method?How many payment method we can assign to company code.

1650