where outstanding debts being Rs 48000 and 20% considered to write off .
pass jounal entry.

Answer Posted / dipti

bad debts a/c dr
outstanding debts a/c

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?

1172


Explain what is involved in the process of double-entry accounting?

1847


were you happy with the grades you achieved at a-level?

610


how can we get a leaverage in intraday market if are not a professional acount holder?

1645


what is the accounting treatment in tally of free goods received with goods purchased.

6629






Horizontal balance sheet versus Vertical balance sheet

1733


Tell me what is public accounting?

629


please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

1814


describe the rule of garner vs murray and how it relates to the dissolution of a partnership

4267


is we can prepare any account for partnership in tally

3233


Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1496


What are the columns of a journal?

657


Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

537


How familiar are you with crm?

616


shares convert into share capital what is the journal entry? how many ledgers need to create?

1586