what will be the entry for baddebts write off.
what will be the entry for baddebts write off recovered.
Answers were Sorted based on User's Feedback
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)
Is This Answer Correct ? | 3 Yes | 1 No |
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
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riyaz
How to post bad debt recovery voucher entry in tally erp9
Is This Answer Correct ? | 0 Yes | 0 No |
please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.
Hi everybody, can anybody tell me what will be the journal entry for ( 1). Withdraw from SBH Rs.10,000 for office use. 2). Withdraw from SBH Rs.5,000 for private use. Thanks,
what is difference between job costing and process costing?
What is the Difference Between Economy and Finance?
What is working capital?
R2R profile required which kinds of work in accounting ?
please give me information about h form and c form used for which items?
What is the maximum amount of Bank DD or PO we can make in INR?
What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%.
What is journalizing? What are the columns of a journal?
what is accounting concept? explian in brief?
9 Answers Capital IQ, Hero Honda,
record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
0 Answers University of Professional Studies Accra,