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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (422)
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 Accounting General interview questions  Accounting General Interview Questions (2782)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4351)
Question
what is the journal entry for bad debts?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is the journal entry for bad debts?
Answer
# 1
for example

Bad Debts A/c Dr 100/-
To Debtor/Customer A/c 100/-
 
Is This Answer Correct ?    363 Yes 35 No
Harpreet
 
  Re: what is the journal entry for bad debts?
Answer
# 2
BAD DEBT A/C ...................DR
TO DEBTOR'S A/C.
(BEING DEBTOR ARE IN DUE AND UNABLE TO PAY HIS DUE)
 
Is This Answer Correct ?    248 Yes 23 No
Vaibhavi
[Work From Home]
 
 
 
  Re: what is the journal entry for bad debts?
Answer
# 3
Bad Debts A/c Dr.
To Debtors A/c
(Opening entry)

P.& L. A/c Dr.
To Bad Debts A/c
(Closing entry)
 
Is This Answer Correct ?    249 Yes 18 No
Vijay Jain
 
  Re: what is the journal entry for bad debts?
Answer
# 4
profit and loss a/c dr
to bad debts
 
Is This Answer Correct ?    57 Yes 80 No
Ravic Handra
 
  Re: what is the journal entry for bad debts?
Answer
# 5
the journal entry for this question is

bad debts a/c dr
to debtors a/c....
 
Is This Answer Correct ?    93 Yes 9 No
Hashim Bim Ali
 
  Re: what is the journal entry for bad debts?
Answer
# 6
the entry will be

P&l a/c Dr
To
Bad bebts a/c
 
Is This Answer Correct ?    39 Yes 51 No
Mukesh Ledwani
 
  Re: what is the journal entry for bad debts?
Answer
# 7
bad debts a/c dr
to
debtors a/c
(opening entry)

p&l a/c dr
to
bad debts a/c
(closing entry)
 
Is This Answer Correct ?    85 Yes 5 No
Mukesh Ledwani
 
  Re: what is the journal entry for bad debts?
Answer
# 8
the jr entry for this ques

baddebts a/c dr xxx
to debtors a/c xxx
 
Is This Answer Correct ?    50 Yes 11 No
Kumaraswamy
 
  Re: what is the journal entry for bad debts?
Answer
# 9
FIRST THERE WILL BE PROVISION FOR BAD DEBTS RESERVE FOR
THREE YEARS AND THEN THE ENTRY WILL BE PASSED FOR BAD DBETS
RESERVED. I AM CONFUSED WHETHER IT'S A OPENING ENTRY OR
CLOSING ENTRY ?
 
Is This Answer Correct ?    42 Yes 9 No
Dinesh Bansal
 
  Re: what is the journal entry for bad debts?
Answer
# 10
bad debts a/c dr xxx
to
debtors a/c xxx
(opening entry)

p&l a/c dr xxx
to
bad debts a/c xxx
(closing entry)
 
Is This Answer Correct ?    61 Yes 11 No
Ganesha
 

 
 
 
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