Difference between reserves for bad debts & provision for
bad debts.
- 6 Answers
- 39819 Views
- HSBC, NRN Business solution, Siemens, I also Faced
- E-Mail Answers
Answer Posted / raju gupta
PROVISION IS KEPT TO MEET THE ASSUMED LIABILITY IN FUTURE
IN ALL COMPANY.
RESERVE FOR BAD DEBT. WE KEPT THIS RESERVE TO OVERCOME FROM
THE LOSS WHICH WILL OCCUR DUE TO BAD DEBT...
| Is This Answer Correct ? | 6 Yes | 10 No |
Post New Answer View All Answers
Mention the types of ledgers?
What is the difference between lc and bg(letter of credit
Define depreciation and its types?
Explain what is gaap?
Explain me some of the examples for liability accounts?
Who is considered the father of accounting?
Who uses accounting?
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
What is good accounts Process & Execution capabilities?
What is the difference in accounting and marketing?
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
Is it compulsary to give TOEFL for applying US visa.
Tell us what inspired you to move to the next opportunity?
what is the meaning of banking
Tell About ur self what will i say plz help me
