What is journal entry to create the Provision for Bad &
Doubtful debts?
- 13 Answers
- 88590 Views
- ABS, Infosys, I also Faced
- E-Mail Answers
Answer Posted / kapil kumar
P&l account debit
To Provision for bad debts
(Being provision is created for bad debts)
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
Tell me what is an over accrual?
what is the difference between profit center area and business are.? please make me clear.
What are the different types of gst?
How to prepare HSD statements in tally
how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter
What is invoice processing can u explain it?
What are the criteria for accounting job?
There is no item category assigned to account
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
What is band and why the company needs this?
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
What is BRS Adjustment entry?
