What is journal entry to create the Provision for Bad &
Doubtful debts?

Answer Posted / arun

P&L ac dr
To prov for bad debts ac

Is This Answer Correct ?    30 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!

4340


One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2127


can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?

1546


Explain miscellaneous expenditures & profit and loss account debit balance

584


Please provide me the entire format of P.F. & ESI

1684






whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf

1359


Tell me what is working capital?

617


Have you ever heard about tds, what it is?

665


how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1118


Explain me what is tally accounting?

567


Productive Investment is Working Capital. Is it correct?

1247


Tell us what is your proudest accomplishment?

692


what is the Journal entry for credit card bill paid from same bank account

1221


What information do you require before you approve an invoice for payment?

715


How can I put Bank Guarantee Receipt entry in Tally ERP9?

3312