In case of Bad Debt such amount should be credited to
1.Cash account
2.Debtors account
3.Sales account
Answer Posted / satyaki_raju@yahoo.com
In case of bad debt the bad amount has to be credited to
debtors account
| Is This Answer Correct ? | 39 Yes | 2 No |
Post New Answer View All Answers
What is the Assets & Liabilities?
what are the important steps to take during the conversion of an accounting system.
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
Expand--------SOT
Expand-------ANTS
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
Define control account Thanks
Expand-------IETF
what is debit/credit note ? what deffered income and expencess?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Examples of automatic generated content material of car logbook loans?
bank exam paper
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?
how to do finalisation account ,pls tell me step by step ?
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?