Which one of the following adjusting entries can reversed ? a) Depreciation . b) Accrued revenues . c) Bad debts . d) All of above .

Question added by Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)
Date Posted: 2015/04/14

Upvote (0) Views (10) Followers (3) Answers (3) Report Question

by Sreeja Menon , Commercial Manager , Nepal Mediciti Hospital

The answer would be option D

by Muhammad shahzeb Raza Raza , Customer service agent , warid telecom

correct option is D all of above

by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(D) is the Correct Ans.

All of the Above.

What is the journal for bad debts provision and when bad debts recover?
Top Answer: There are two ways to account for the provision of bad debts: direct or allowance method Under direct met ... See More

Answers (6)
What is the difference between bad debt and doubtful debt?
Top Answer: A bad debt is an account receivable that has been clearly identified as not being collectible. This means ... See More

Answers (10)
Bad debt becomes an "expense" for first part and "income" for second party, do you agree?
Top Answer: <p>The bad debt initailly remain as doubtful debt, once confirmed bad debt its become written off b ... See More

Answers (10)
it is acceptable that some adjusting entries contain estimated amounts?
Top Answer: <p>100% TRUE</p> See More

Answers (25)

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