Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
647Post New Accounting AllOther Questions
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
What is account
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
Explain Cash Basis of accounting
in a every intervew asking one common question why you are living current employer, which is the best answer
Short Answer on _________Commerce
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
what is futures and options?
if jj form not cancelled within 1hour,wat to do
what is composition vat
Purchase book is a ----------journal
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity in/out of the system by buying/selling securities?
difference between office expense and miscelleanous expense with some examples
