bad debts means

Answer Posted / dola.nagaraju

goods sales on credit basis.But not received Amt. from
person or Company in time.It will not receive in future
also. it is called bad debts.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what happens to each of the three primary financial statements when gross margin decreases?

1570


which is the combine entry in ERP?

1836


Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

2835


with out college degree con't we dc accounting job?

1590


what are the financial ratios that a manager see in accounting?

1497






what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.

1919


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

1935


How are fund-raising and publicity and management and administration costs apportioned over funds?

1490


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

1757


hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...

2071


Why you want to leave your present job while they offer you with good offer?

1510


how to do the finalise of account? what is the step? why we need to do like that?

1571


Expand----------MTSC

1720


Give a brief explanation of the fundamental accounting concept of prudence

1722


define bank Draft

1833