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 do you mean Provision for bad debit

Answer Posted / shobh nath ram

PROVISION FOR BADEBT IS A CHARGE AGAINST PROFIT WHICH IS CREATED OUT OF PROFIT.SUCH TYPE OF PROVISION IS CREATED TO MITIGATE THE CONTINGENT LOSS.PROVISION IS ONLY CREATED IF ITS PROVIDE THE FURTHER EVIDENCE OF CONDITIONS.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are source documents in accounting?

1029


Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.

2262


how sales invoices adjusted against advance received from Debtor?

1831


WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.

2027


PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

4933


my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???

1358


Cello pen gross value is 935.89 for 12 nos 14.5% tax

1889


How i should sellone the mobile phone when interviewer will ask sell this phone to me?

1470


Where do we create House banks and what is the process in sap fico

1444


how to solve cashbook question

3231


Do you possess any knowledge about accounting standards?

1023


Tell me what are the key tasks for account executive?

967


WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET

8565


How is scrap value calculated?

1103


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

2771