Provision for bad debt is made as per the

Related MCQs

• Amount set apart to meet loss due to bad debt is a
• What happens when a bad debt is recovered?
• A bad debt recovered during the year will be
• At the end of the year Bad Debts Recovered Account is
• At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to
• The debts written off earlier as bad, subsequently recovered are
• From the following details ascertain the adjusted bank balance as per Cash Book – overdraft as per Cash Book 1,60,000; cheque received entered twice in the Cash Book 10,000; credit side of bank column cash short by 1,000; bank charges amounting to 400 entered twice:
• M/s. A.B. Enterprises has bank balance 8,800 as per cash book and the followings were found: (a) Three cheques deposited in bank for 5,800 but only one cheque for 2,000 was cleared. (b) Dividend collected by Bank 1,250 was wrongly entered in cash book as 1,520. What is balance as per pass book?
• In case of depreciable assets are revalued, the provision for depreciation is based on
• In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be