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...

How to treat the provision for bad debts which appear on
credit side of the p&L A/c.

Answer Posted / kaatje rère

Provision for Bad Debts should appear as a credit on the
Balance Sheet, and Bad Debts written off is an expense item
on the Profit and Loss Account

Is This Answer Correct ?    16 Yes 9 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is Sums on Finalization of Accounts?

2064


What is Acquisition?

2479


why may types of accounts

2235


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

2047


Who to create a budget on software company

2135


HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

2048


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2510


emplementation of accounting standerds in Bangladesh, developing or copieng?

2196


What was use of tally erp 9? Types of vat?

1692


What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...

4762


Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2099


How shall I calculate the true profit of my business, as I am a layman for accounting.

2057


what is forecast

1689


differed tax liability

1884


1. Fdr mature with interest

1854