What is the entry for bad debts recovered

Answer Posted / k

cash a/c................Dr

To Bad debts a/c.

Is This Answer Correct ?    2 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1351


i am trying to set up a recurring reversing journal in Oracle GL, my problem is i have income balance of £30k that i only want to show 1/12th in a period over 12 months. can any one help me set it up . i want to show P01-13 opening balance £30k less £27500 P02-13 reverse P01-13 journal P02-13 opening balance £30k less £25000 etc. or does anyone know of another way it can be done automatically every month.

1851


How create the invoices?

1576


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2248


What are the major components of country's trade account?

2508






Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?

576


sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

900


what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?

3383


HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB

1699


sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?

1475


Explain the term account payable?

593


for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

2691


When Tds is applicable to deduct and wht is rate for different work panel?

1475


what will be the possible question for an interview in account post as a fresher

1523


Do you know what is liabilities and what all does include in current liabilities?

590