what will be the entry for baddebts write off.
what will be the entry for baddebts write off recovered.
Answer Posted / suresh kumar
1. Bad debts a/c Dr
To Sundry Debtors a/c
2. Cash/Bank a/c Dr
To Bad debts recovered A/c (Recovere Amount)
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
What are the various systems of accounting? Explain them.
Mention in simple terms what is the difference between asset, equity, and liabilities?
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
Tell me do you have any professional experience of this field?
What is departmental accounting? Give an example
sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Explain under what type of account does the unearned revenues fall?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
Why did you select accounting as your profession?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
What all are the documents need to check for a supplier payment?
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????