What is the entry for bad debts recovered
Answer Posted / andrew tereb
Account Receivable Dt
Allowance for doubtful accounts Ct
Cash Dt
Account Receivable Ct
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the difference in accounting and marketing and what is so different about them?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
What is the difference between provision and reverse?
{in tally}in inventory info what is (stock group, stock categori, stock item,reorder levels) why we has to prepare them?
Why did you choose the a-levels you did?
Pls let me know Job profile for Account Manager.
what is opening stock formula?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
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
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.