Please explain about Bad debts (Old & New) and Bad doutful
debts?
Answer Posted / g.narsimulu
Old Bad Debts Means Irrecoverable debts.
New Bad Debts Means It May or May not be recover In future.
&
Bad Doutful debts means its bad debts.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
Cello pen gross value is 935.89 for 12 nos 14.5% tax
List the type of transactions entered in journal proper.
Tell me what is ledger?
i want to know f form and how to use and how can purchase
Differentiate accounting and auditing?
What is the difference between a cash flow statement and an accural profit & loss account ? And why do simple organisations do not feel the need for a profit and loss type of statement ?
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
Tell me what is the master account?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
MEANING OF RED HERRITING
How is scrap value calculated?
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
How do you prepare a balance sheet from a trial balance?
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500