what is the journal entry for bad debts?
Answer Posted / mamoon ali
Dr. Bad Debts
Cr. Provision for bad debts
when bad debts occurs :
Dr . Provision for bad debts
Cr. Account Recievables (Debtors)
Dr. Profit & loss
Cr. Bad Debts
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Feature of Master letter of credit of Garments manufacturing company?
OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM
what are the uniform public construction cost accounting act procedures?
While selling fertilisers can we charge VAT on excise duty.
How to increase our credit rating score quickly?
How do you avoid loss situation
npa is either person or account
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
Under the accrual basis of accounting incomes are recognised at the time -------------------
how to prepare HSD statements in tally
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
What are events occuring after the balancesheet date?
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
what is a reducing balance method and depreciation fund investment method and 2 diffrences?