Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between provision for bad debts and
reserve for bad debts?
- 9 Answers
- 38023 Views
- Genpact, I also Faced
- E-Mail Answers
Answer Posted / rohit jain
prov for doubtful debt is crwated for the known bad debt
but reserve for doubt debt is created for the future bad
debt ir any occurs.
prov is charge against profit but reserve is appropriation
of profit.
| Is This Answer Correct ? | 65 Yes | 18 No |
Post New Answer View All Answers
What is Direct Debit
If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not
business sepsarate entity concepts
what are the accounting ratios
What is the procedure to become charted accountant in India now. Please answer this is urgent
what did you mean by cash credit limit account ?
Define capital
what are the payroll procedures?
deffered tax treatment in financial statements
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
What are the types of journal categories available in the Oracle AP?
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
What is the difference between income statement & Profit&loss A/c?
to attend interview for real estate company accounts
reason for difference in Balance sheet (Asset side & Liabilites side)
