Answer / aditya

Bad Debts Recovered

Cash A/c Dr. 1, 00
To Bad Debts Recovered A/c 1, 000

Answer / umer farooq

journal entry will be



Bad debts A/c...........Dr. xxx.
To Debtor A/c xxx.

(being bad debts occured)

closing entry will be


P&L A/c................Dr. xxx.

Bad debts A/c xxx.
(being bad debts transferred to p&l A/c)


And if we have the Account of provision for bad debts then
we will close bad debts to provision for bad debts.

Provision for bad debts A/c.....Dr. xxx.
Bad debts A/c xxx.
(being bad debts transferred to provision)

P&L A/c....................Dr xxx.
provision for bad debts A/c xxx.
(being provision transfer to P&L A/C)

Answer / abdussalam

1. Bad Debts a/c Dr.
To Provision for Bad debts

for Creating Provision

2. Provision for Bad debts a/c Dr
To Debtors

for write off Debtors

Answer / mudunoori

Mr Aditya why you the recovery of Bad Debts.Why dont you
concentrate on the question.The right answer is
Bad Debts a/c Dr
To Sundry debtors

Answer / shankar ganesh

P & L A/C DR XXXX
TO BAD DEBTS XXXX
(PROVISION FOR BAD DEBT)

BAD DEBT A/C DR XXXX
TO DEBTORS XXXX
(BAD DEBTS WRITTEN OFF) THIS IS DON FROM THE OLD PROVISION
MEANS LAST YEAR'S

IN P & L BAD DEDTS+FURTHER BAD DEBT IF ANY+NEW PROVISION
FOR BAD DEBT IF ANY-OLD PROVISION (LAST YEAR'S) WILL SHOWN
IN DEBIT SIDE. IN B/S DEBTORS-FURTHER BAD DEBTS-PROVISION
FR BAD DEBTS ON ASSET SIDE

Answer / seema

p&l a/c dr.
to bad debt a/c


bad debt a/c dr.
to dedtor a/c

Answer / sudip kundu

bad debt A/c.....Dr.
To Sundry Debtors A/c..

Answer / shamshad

Bad Debts A/c-dr
to Debtors A/c.....


P/l A/c Dr

to Bad Debts A/c

Answer / ashwini

bad debts a/c dr
to debtor a/c

Answer / manjeet kaur

bad debts a/c dr.
To p/L a/c.

what is the different between going concern and accruals concept

1 Answers  

what is the fullform of ADN?

2 Answers   Genpact,

Expand F D I

1 Answers  

what is purchase consideration? How does it come about and how is it treated in the books?

0 Answers  

If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

0 Answers  

why did u choose this firm

1 Answers   KPMG,

Define the word Profit in terms of business

0 Answers  

Is the the invoice number and voucher no will be same most of the time or it should be same?

1 Answers  

EXPAND___________JNTU

2 Answers  

when does accounts receivable have a credit balance?

12 Answers  

what is the difference between gross profit and net profit?

7 Answers  

Choose the right answer When salaries for the month of March paid in April which was already taken into last years account,we have to debit 1.Salaries account 2.salaries payable 3.Employee account

1 Answers