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 difference between provision for bad debts and
reserve for bad debts?

Answer Posted / prince

Reserve is an appropriation of profit and therefore it is
debited to P & L Appropriation A/c, whereas

Provision is an charge against profit and it is debited to
P & L Account

Is This Answer Correct ?    12 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why do you want to work with us

2305


I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.

6787


What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check

3352


what are the payroll procedures?

2231


barwaha

1086


My BASIC Salary is 18,000

1796


what is ment by master in tally?

3813


What will be entry pass in tally if TDS paid by Credit Card.?

2073


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1864


what are the seven accounting rules

2110


Give a brief explanation of the fundamental accounting concept of prudence

2241


is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

2107


Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

2152


INTE3RNATIONAL ACCOUNTING STD

2273


Short answer on Allowances

1951