$198 owing by Brass Instrument Ltd is to be written off as a
bad debt?
how to pass the journal entry for this question?
- 1 Answers
- 3330 Views
- I also Faced
- E-Mail Answers
Answer Posted / husen
if $198 owing by brass inst.ltd is to be written off then
journal entry should be with my calculation
it should to trs.to profit & loss a/c bec.it never be return
from party
Bad Debts a/c ----------Dr $198
To Brass Instrument LTd a/c $198
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is accrual accounting?
what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?
What are control ledgers? What are the purposes of maintaining it?
1.recivable and payble 2.pf,tds,esi
service tax calculated on agreement value or market value whichver is higher for builders?
Do you know company's payable cycle?
Explain what is bank reconciliation?
Do you know what is project implementation?
Accounting for vc money in financials
for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
what is inter-company transaction? what is Inter-Branch transaction?
What is the marginal cost formula?
What is the basic accounting equation?
audit under section and penalty under saction scurtiny under saction
