What is journal entry to create the Provision for Bad &
Doubtful debts?

Answer Posted / karthik

Profit and loss account...dr
To provision for doubtful debts a/c

Is This Answer Correct ?    19 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the limitations of accounting ratios?

618


are tpt, freight & packing charges part of sales & purchase ??

1724


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

7760


Do you know how many types of business transactions are there in accounting?

616


consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

931






A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

4294


what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1059


What are the three factors that can affect your cash flow and business profitability?

605


Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss

1812


Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

1447


What is the difference in accounting and marketing and what is so different about them?

628


What are source documents in accounting?

640


What are the major components of country's trade account?

2516


which type of questions did HR Manager ask and what are the answers

1666


When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.

1496