Please explain about Bad debts (Old & New) and Bad doutful
debts?
- 1 Answers
- 3249 Views
- I also Faced
- E-Mail Answers
Answer Posted / g.narsimulu
Old Bad Debts Means Irrecoverable debts.
New Bad Debts Means It May or May not be recover In future.
&
Bad Doutful debts means its bad debts.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What is a ledger? What do you mean by ledger posting?
Contrast bookkeeping and accounting
what are the limitations of accounting ratios?
Follow up ageing balances of Debtors & Creditors and also Inventory
In accounting, are assets a permanent account?
Have you ever heard about tds, what it is?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
discuss seperate determination concept
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
whats difference between manufacturing account & cost account
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
how can we get a leaverage in intraday market if are not a professional acount holder?
