What is reserv for doutfull debts and how it was treated?
- 2 Answers
- 4695 Views
- Siemens, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / varun bijlwan ( student xiith
i is a reserve created by the firm or company to escape
from bad debt
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / dharmesh sati
Reserve for Doutfull Debts is provision against Bad Debt
means (Amount showing as receivable in books of account not
not sure that it will received or not from the customer).
| Is This Answer Correct ? | 2 Yes | 0 No |
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
what is the TTD junior asst exam syllubsexam held on sep 5 th plz tell me sir
How to maintain Purchase Orders ? Please explain by proper format.
how to attract the HR person and give me tips
23 Answers Bajaj Capital, BPO, Brigade, EDS, HCL, Infosys, Sitel, Wipro,
How many accounting standards in india
90 Answers Ashok Leyland, Banking, dscl, Genpact, HSBC, IndiaCom, ITC Infotech, Leighton, MBA, Ramaniyam Real Estates, Shriram, SKA, SVSM,
how can i solve accounting problems easily ????tell me the basics
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
Expand----ICRC
What are the various means of calculating depreciation?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
what in contingent liabilities
Company has 10000 shares, issued dividend of 10rs, tax 25% what is total net profit ?
Audit 
