Bad debts
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 February 2014
How is bad debts treated in Profit and loss account and balance sheet?
21 February 2014
Record on debit side of P&L A/c. And deduct with Debtors on Assets side of B/S.
Message likes :
1 times
21 February 2014
P& l A/c is dr
(-)from debtors in bal sheet.
(-)from debtors in bal sheet.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Liability on Trading Account in Name of Person with Disability (Autism) Operated by Guardian
- Dinner party and 194Q
- TDS on Purchase of Goods 194Q
- GST RATE FOR CONSTRUCTION OF ROAD
- COMPLIANCE FOR HUF AFTER DEATH OF KARTA
- Inter company borrowing
- Adt1 dsc where to affix?
- Profit and sale of mutual fund by the trust
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- Health insurance
- AMC Contract &GST &Income Tax
- TDS Return filing if only have 15G /15H deductions and no other payments
- IMPORT OF GOODS CREDIT
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- Gst no of supplier cancelled from 2017
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
