Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is journal entry for Bad debts recovered

Answer Posted / bharathi

CASH/BANK A/C
TO MISCELLANEOUS INCOME

(BEING THE AMOUNT CONSIDERED ALREADY AS BAD DEBTS IN THE PREVIOUS YEAR - HENCE THAT HAS TO BE TREATED AS MISCELLANEOUS INCOME) OTHERWISE IT CAN BE ADJUSTED WITH CURRENT YEAR BAD DEBTS AMOUNT

Is This Answer Correct ?    0 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Who will be called as consignee

2108


What exactly balance sheet depicts

2039


after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.

2409


what is the organisation chart for accounting and finance ?

2381


What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2910


What is the analytical way of accounting?

2312


what is the accounting conventions

4251


what do you mean by financial analysis and technical analysis ?

2315


i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp

3371


What Kind Of Requirements for Vat Refund And Assessment Cases

1869


What are the things are not Included in Annual Reports?

2081


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1885


The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

7490


How to enter PO in SAP

1980


what do u mean by single error and double error in accointing errors?

2295