rajukharade


{ City } kolhapur
< Country > india
* Profession * lecturer of accountancy
User No # 57802
Total Questions Posted # 3
Total Answers Posted # 1

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Questions / { rajukharade }
Questions Answers Category Views Company eMail

can we issue bonus shares at premium? how?

 2 Accounting General 10997

in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

 Accounting General 4597

what is difference between rebate and discount? generally in bill of exchange accounting

 1 Accounting General 6445



Answers / { rajukharade }

Question { Capita, 26571 }

Tell me the General entry for provision for bad debts?


Answer

when provision is made
p&l a/c---dr
To bad debt provision a/c


when loss on account of bad debt recovered from bad debt
provision
bad debt a/c dr
To bad debt provision a/c

Is This Answer Correct ?    3 Yes 0 No