what is the difference between provision for bad debts and
reserve for bad debts?
Answer Posted / auspice a budu
provisions are amounts set aside for a specific purpose, eg.
provision for depreciation or bad debt whiles reserves are
amount set aside but not for a specific purpose.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
What is written off?
What are the benefits ofparticipation in a depository?
distinguish between Bill of Exchange and Promissory Note
What is meant by Revenue Loss
Pls Explain Accounting Standered 1,3,11,29
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
In what cases can Convertible bonds be considerred as derivatives?
what are the accounting ratios
what do you meant auction? what is F & o segment?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
wht can u do for the growth of bhel?
How can I find out my credit rating score for free?
Expand---------OTMD
How can we display last five years sales in tally