What are bad debits?
Answers were Sorted based on User's Feedback
Answer / b.narasimha rao
WHICH AMOUNTS ARE NOT RECOVERED FROM CUSTMER
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / satyaki_raju@yahoo.com
Accounts receivable that proves to be entirely or partially
uncollectable despite collection efforts
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / atif
It is debts instead of debits. The amount which is not
recoverable from debtors is called bad debts.And it has to
be eliminated from receivables by passing an adjusting entry
at the end of a financial year.
| Is This Answer Correct ? | 2 Yes | 0 No |
Can I freeze my account?
What is General Accounting
22 Answers Accounting, Genpact, TATA,
• What is BRS, with an example?
7 Answers Accenture, College School Exams Tests, Genpact, Intelenet, Mellon,
Journal Entries for Trade Discount, Cash Discount, Goodwill,
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
Expand---------MRTD
Ratio Analysis with its Ratios
Classification of Bank A/c and Bank OD account
What are the general Ledgers?
what is taxation
what will be shown under bank reconciliation statement?
why we debit all expences?