Tell me the General entry for provision for bad debts?
Answer Posted / afhjaehrjklehrk
dr bad debts
cr provision for bad dbets
| Is This Answer Correct ? | 4 Yes | 2 No |
Post New Answer View All Answers
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
define accounting,scope of account , types of account ?
why may types of accounts
how to calculate share values of a company.
Whatis new GL & Odd G.L What is the difference between these two.
Short Answer on _____________Revenue Budget
who introduces the single entry format?
What is Spin-off & spilts
Which Invoice issued on Central Sale Commercial or Retail?
In SAP FICO How many ways we are Procuring the assets in the Company?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
Expand--------TOS
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office
Is commodities transaction tax a permissible business expenditure? Explain