what is the entry for bad debts?
Answers were Sorted based on User's Feedback
Bad Debt A/c Dr. (Created under the Indirect Exp.in Tally)
to Debtor Cr. (under the head Sundry Debtor in Tally)
| Is This Answer Correct ? | 56 Yes | 8 No |
Answer / shaheen
Bad Debts A/c dr.
To Debtors A/c
(Actual Bad debts recorded)
Provision for doubtful debts A/c. dr
To, Bad bebts A/c.
(Transfering Bad debts to Provision for doubtful debts)
P&L a/c dr.
To, Provision for doubtful debts A/c
(Provision for doubtful debts made on debtors)
Cash A/c Dr.
To, Bad debts recovered a/c
(bad debts recovered and written off)
| Is This Answer Correct ? | 30 Yes | 5 No |
we are purchasing kraft paper is there any question entry tax over kraft paper as per the orissa entry tax rules. and if so what is percentage of entry tax.
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
what are the items on which excise duty is applicable??? does it have something to do with the turnover of the manufacturing..??
If customer out of state not proving C form ( In his purchase order declare tax as applicable )then which tax is applicable for sale of finished goods
what is form requirement for monthly, quaterly and yearly sale return in haryana
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
What are allowable and dis-allowable expenditure?
While issue of C form to the seller, c form can be issued on either before @ 2% CST or after @ 2% cst. If so, what is the logic.
Which form we use for depositing CST
How to file the CST return and which form is use.
0 Answers Bharat Bazar, Skyline,
Need of Bank Reconciliation to a company
What is TIC according to ESIC? What is PIC according to ESIC? Please clarify?
1 Answers HIMACHAL POLYOLEFINS LIMITED, HSCL, JTPL, Randstad,