Answer Posted / vatsal vora

Provision for bad debt is an appropriation of profit to combat bad debt against a particular doubtful debtor/s while reserve for doubtful debt is an appropriation of profit for general business bad debts contingent to occur in future.

How did you chose your university?

622

---

i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial

1571

---

What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

1835

---

What is accounting period?

634

---

Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

1371

---

---

What is the difference in accounting and marketing and what is so different about them?

626

---

what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?

1492

---

Tell me why some asset accounts have a credit balance?

646

---

Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

1940

---

What is a business transaction in accounting?

640

---

what are the processes of account reconcillation

1581

---

WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

1661

---

how to enter the tender refund amount in tally ?

3375

---

Recent banking question for 2015 interview for scale2 exam of sbm

1433

---

How do you build a successful business relationship?

649

---