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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1899)
 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4363)
Question
what is the journal entry for bad debts?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
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
 
Answer
# 2
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
 
 
 
Answer
# 3
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
 
Answer
# 4
the journal entry for this question is

bad debts a/c dr
to debtors a/c....
 
Is This Answer Correct ?    94 Yes 9 No
Hashim Bim Ali
 
Answer
# 5
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
 
Answer
# 6
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
 
Answer
# 7
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
 
Answer
# 8
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
 
Answer
# 9
First entry will be:
Bad Debts A/C Dr xxxx
To Debtors A/C xxxx


Final entry will be:
Profit & Loss Account Dr xxxx
To Bad Debts Account xxxx
 
Is This Answer Correct ?    26 Yes 1 No
Praveen Singh
 
Answer
# 10
Bad debts a/c Dr 100
To Debtors a/c Cr 100

P&l a/c Dr 1000(Being a percentage of Debtors)
To Prov for D.Debts a/c Cr 1000

Prov for D.debts a/c Dr 100
To Bad debts a/c Cr 100
 
Is This Answer Correct ?    29 Yes 6 No
Anupam
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
how to get bank reconsilation statment   2
How to Prepar Balance sheet?   8
where does preliminary expenses put in the balance sheet? Essar 6
WHAT IS THIS ACCOUNT Genpact 12
Received a cheque of Rs 75000/- from Kirthi traders on behalf of anurag traders for material supply   4
If one person has been paid excess salary in particular month. In next month we want to deduct the excess given in last month what will be the entry, Assume: excess given 2227 This month details : Gross 20058, PF 780, PT 200, and net must be 16851 all effective figures must consider in entry   3
Can anybody tell me about the liability positions of 1.Sole trader 2.Partnership 3.Pvt ltd co 4.Public ltd co   2
What is the accounting treatment for preoperational expenses   1
What is general ledger? GMC 3
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...   2
Is the the invoice number and voucher no will be same most of the time or it should be same?   1
double-entry bookkeeping system   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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