what is entry for baddebts.

Answer Posted / palanivel j

Bad Debts a/c dr
To Debtors a/c cr

Is This Answer Correct ?    32 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Let me know the difference between cash flow and free cash flow

1585


Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry

1498


Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return

1932


What is the definition of LOSS. Give the formula if any.

1703


am attend to bank exam(iob)pls send model questions

1623






Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .

1628


why do think you are best candicate for this post.

1857


Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times

1838


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

1634


to attend interview for real estate company accounts

1549


how can make configration related with electronic bank statment and how can i upload bank statment to system

1571


A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in

1517


What is written off?

1653


What does my credit score mean?

1491


What is Accounting on Computers

1565