What is the Journal entry for Bad Debt recovered.
Answer Posted / durga
Answer:
Transaction Entry
Cash a/c dr 2350
To bad debts
recovered 2350
(being B.D recovered)
Transfer entry
Bad debts recovered a/c dr 2350
To P&L a/c 2350
(Being B.D recovered
transferred to P&L a/c)
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.
Explain what is involved in the process of double-entry accounting?
What is an Automatic Payment Program ?
Which kind of transactions are not recorded in the books of account?
How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
Why do you want to be an accountant?
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
As you know account executives need to be talented salespeople. Do you have experience making sales?
Do you know compound journal entry?