What is the entry for bad debts recovered

Answer Posted / raji

BADDEBTS RECOVERED A/C DR
TO PROFIT & LOSS A/C

Is This Answer Correct ?    6 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me what are the key tasks for account executive?

621


How many types of business transactions are there in accounting?

668


credit card all entry pass in tally

1038


plz can some one tel me "The concept of stock holder's equity and paid in capital".

2871


My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

926






Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

1941


What is the difference between the accrual accounting and cash accounting?

640


Under the accrual basis of accounting, when revenues are reported in the accounting period?

572


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1513


Tell About ur self what will i say plz help me

2041


A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME

1387


What is the Full Procedure of Purchase ?

1568


Is the shadow balance present in bank account always credited or bank may reverse it as well?

610


What was the most difficult deal you had to close?

572


What is account in accounting?

653