Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the journal entry for bad debts?

Answer Posted / mukesh ledwani

the entry will be

P&l a/c Dr
To
Bad bebts a/c

Is This Answer Correct ?    39 Yes 51 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the procedure to become charted accountant in India now. Please answer this is urgent

1430


Short Answer on ______Transaction

2066


Queries for Big4 Articleship : Whether son of CA in practice effects chances.

6927


what is mba tell me the more benefits in mba

2139


Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex

2074


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

2305


if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?

1834


What is Compliance?

2078


In SAP FICO How many ways we are Procuring the assets in the Company?

2607


Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.

2177


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

2010


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

2976


post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.

2600


My BASIC Salary is 18,000

1706


helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

2172