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

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Question ajoutée par Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)
Date de publication: 2015/04/14

Apprécier (0) Vues (10) Suiveurs (3) Réponses (3) Report Question

par Sreeja Menon , Commercial Manager , Nepal Mediciti Hospital

The answer would be option D

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

correct option is D all of above

par 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 ... Voir Plus

Réponses (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 ... Voir Plus

Réponses (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 ... Voir Plus

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

Réponses (25)

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