What is journal entry to create the Provision for Bad &
Doubtful debts?

Answer Posted / prasanna

Provision for doubtful debts acc dr.
To reserve for RDD ac

Is This Answer Correct ?    0 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me how you can adjust entries into account?

552


List out some of the accrued expenses and the accounts in which you would record them?

606


1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax

1743


8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1397


how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me

877






After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1381


Define partitioning in accounting?

1142


what role did you play in collections?

628


what is groups and and ledgers in tally can you give why we need to prepare them

2089


DIFFERNCE BETWEEN RESERVE AND FUND?

4932


how to upload ledgers in excel or word document

1548


X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

2829


if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

1586


What is liabilities and what all does include in current liabilities?

628


we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?

1479