Answer Posted / raju kharade

when provision is made
p&l a/c---dr
To bad debt provision a/c


when loss on account of bad debt recovered from bad debt
provision
bad debt a/c dr
To bad debt provision a/c

Expand-------BANT

1687

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AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

1718

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Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

1651

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What is Home Loan Modification?

1715

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what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1490

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Can anyone plz. tell me where can i get the proforma application for DAO.I have tried all the links but i couldn't find any application proforma in the notifications.

1483

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Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?

1898

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what is payment method?How many payment method we can assign to company code.

1243

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what is meant by qurum

2010

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Expand------ARN

2025

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what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

1798

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What is meant by consignment

1676

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Expand-------ATBN

1704

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after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...

1538

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Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1468

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