sir, why is P/l a/c is debited in the entry for provision for bad debts??

i.e P/l a/c dr.
To,provision for bad debts A/c..


Also what do we mean by write off. or written off.

also sir, is this entry correct when bad debts are recovered??

Cash a/c dr.
to bad debts recovery a/c..

Sir, while calculating Rebate on Bills Discounted ( Banking Companies)is 3 days of Grace shall be added or not?
Eg: 1. Bill Date 09.02.02, term period 4 months then how many days should have to take into consideration, shall we add grace days or not?
In some questions we are adding grace days and in some it is not added. plzzz clear it sir.

Dear Sir/Madam,
We Accountants often visit various statutory Departments for various Statutory Jobs. Accordingly we do spend some amount of money over there for getting various jobs done.In which best suitable account head these expenses may be booked-can any one please tell me.
Thanks & Regards,

Please Explain the difference between Accounts payable & Creditors or AR & Debtors?

What will be the accounting treatment of purchase bills bearing date 04.04.2011 but received on 05.04.2011 while material of that bill already received on 25.03.2011 on challan. In what period will the purchases be recorded and what will be the treatment as entry ?

PLEASE TELL ME THAT WHERE I CAN FOUND AND UNDERSTAND THE LIST OF SCHEDULE OF BALANCE SHEET AS PER ACCOUNTING STANDARDS AND ALSO AUDIT ASSURANCE STANDARDS.

Dear Sir Ill interview today for one manufacturing company at mumbai they ask one question (Rs. 50 Is given advance to Mr X for buying stationary and reimbursed Rs.10 Than What would be the entry)

Ill given answer on

1st Entry That : Mr X A/c .......... Dr. Rs.40 (Payment)
To Cash/bank............. Rs.40

2nd Entry That : Cash/Bank A/c ......Dr. Rs.10 (Receipt)
To Mr. X A/c............ Rs.10

3rd Entry that : Stationary A/c .....Dr. Rs.40
To Mr. X A/c..............Rs.40(JV)

Please tell me anything wrong on please sir guide if wrong

Dear experts,

I am planning to setup a cold storage in maharashtra.

Please guide us on,

a)Subsidy percentage - Central & State government?
b)Can we claim both the subsidy ?

How Make Projection Balance Sheet & Project Report any Formula ...

proprietorship Concern :namely PEC, (a Tution coaching centre)
Another wings of the same concern PSGP Ltd.(middle man)
Creditors raised addv & Printing bill on PSGP Ltd say Rs. 1000/-, Then PSGP raised bill on orginal assessee added 12% there commission and raised invoice of Rs. 1200/-,No one deduct TDS under sec 194C.
Now PEC paid TDS of Rs. 10/- (not Rs. 12/-)out of its own pocket,

please clarify me whether following entry is correct,
Addvrtisement ..Dr 1000
To Orginal Creditors 990
to TDS 10

Orginal Creditors Dr 990
Advertisement dr. 210
To PSGP 1200/-

TDS Payable Dr 10
PSGP 1200
To Bank 1210/-

if wrong what will be the correct entry
cosidering TDS provision ?