Answer / hari

bad debts written a/c dr
to sundry debtors

Answer / pradeep

1) Bad debts A/c Dr
To sundry debtors A/c
2)cash A/c Dr
To Bad Debts Recovered A/c

Answer / suresh kumar

1. Bad debts a/c Dr
To Sundry Debtors a/c

2. Cash/Bank a/c Dr
To Bad debts recovered A/c (Recovere Amount)

Answer / nisar

1 . Bad debt account Dr
To Provision for bad debt
(When we think its un collectable)

Provision for Bad debt a/c dr
To Debtors account
(Next year when we sure is un collectable)
2 Debtors account dr
To provision for bad debt

Bank A/c dr
to Debtors account

Answer / ali

1. Bad debts a/c Dr
To S Debtors

2. S Debtors a/c Dr
To Bad debts (recovered)

Answer / riyaz

How to post bad debt recovery voucher entry in tally erp9

Any body would tell me how to takeover withholding tax at the time of go live in sap fico

0 Answers   FIS,

How is an accounting department structured?

0 Answers  

why we use 'To' when crediting an entry in journal and sometimes not use 'To'...??

1 Answers  

IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

2 Answers   FCI, Genpact,

Dear Sir, We are running a security agencies (Man power Service Provider)we bought security uniform from our vendor. please suggest us, we may make entry through Purchase Entry or Journal Entry what is suitable for accounting ???

3 Answers  

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

0 Answers  

WHAT ARE THE DIFFICULT ELEMENT OFF JOB

0 Answers  

I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

0 Answers  

2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

0 Answers  

I cleared IBPS exam Basically I belongs to A.P. but I applied for karnataka will they accept me?

2 Answers   Banking, Oriental Bank Of Commerce,

What is ABC ANALYSIS OF INVENTORIES ?

2 Answers  

A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

0 Answers