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Answer Posted / deepesh
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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Three steps for correction in BRS?
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
what is Tds %,Service tax %,Cess %,and ESI,PF %,and what is the use of this.
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---------is the main or principle book of accounts
EXPAND___________NBW
Short Answer on _____________Accident Insurance
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What is DECR And for wt it is used?
