Where it will effect in the Balance sheet, Rs. 5000/- of
Bad Dept ??

Answer Posted / sandhya

it will effect asset side in the balance sheet.

journal entry:

Debtors
(-) Bad debts

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how pass journal entry in the month ending for input vat and out put vat

1763


Explain what knowledge should financial accountant have?

643


Do you know balancing in accounting?

619


What does an accurate trial balance suggest?

654


Tell me what are the key tasks for account executive?

623






what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement

1724


Assigning natural account to accounting seg. What will happen

1601


hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

1269


A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

1700


what is the difference between accounting and bookkeeping?

613


Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.

1682


how sales invoices adjusted against advance received from Debtor?

1483


1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax

1743


cheque deposit is a contra entry?

1691


Unrealised profit will be debited to ?

1466