On January 20x2, the balances of ABC Ltd's provision of
doubtful debt account was $1510. During the year, a total of
3750 of account recievable was written of as bad debts. The
balance in the provision for doubtful debts account at 31st
Dec was 1450.
What is the total amount of bad debt recognised this year?
Answers were Sorted based on User's Feedback
Op Balance $ 1510
Bad Debt $(3750)
Add CY Balance $ 1450
Current year recognized $ 3,690
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bhaskar unnikrishnan
Opening Balance 1510
Less Bad Debt (3750)
Add: C Balance 1450
Recognised during year: 3690
| Is This Answer Correct ? | 0 Yes | 1 No |
How can you made payment when bill come from vendor, what is the bills have you check.
give me some simple examples of personal account, real account, nominal account
Goods worth Rs.347.60 has been destroyed. Ex:(parachute Hair Oil 8 Ml, So entry will be.. Abnormal Loss A/c Dr....347.60 To Stock Destroyed A/c How it possible????
what are Accounting Documents and Book of Accounting
What is normative accounting?
What have you read in the newspapers in the last few days that particularly interested you?
how we do calculate of closing stock for company. what is the process of calculation of closing stock.
how many types of accounts are there
5 Answers CitiGroup, Royal Berg,
what is accrual concept?
7 Answers Capital IQ, Genpact, TCS,
how will calculate gratuity.
What qualities have you got that would make you a good accountant?
sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?