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Aakriti Singh , asked a question
Subject: Accountancy , asked on 24/1/12

WHAT ENTRY SHOULD BE WRITTEN FOR :

A) WHEN THE BILLS GET ENDORSED

B) WHEN THERE IS BAD DEBTS.

C) WHEN THERE IS DISCOUNT FROM BANK

Bhoomi Jain , added an answer, on 1/2/12
1 helpful votes in Accountancy
  • endorsee a/c     dr.

                          To B/R a/c

  • Bad debts A/c     dr.

                           To Debtor a/c

  • Bank a/c                                dr.

            Discounting charges a/c     dr

                             To B/R

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Firdous Kauser , added an answer, on 3/2/12
4 helpful votes in Accountancy

a) Endorsee 's a/c dr.

                           To b/r a/c

b) Bad debts a/c dr.

                       To debtor 's a/c 

c) Bank a/c dr.

Dis a/c dr.

             To b/r a/c

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Bhawna Bhansali From Delhi Public School, added an answer, on 1/2/12

a) endorsee a/c        dr

    to b/r a/c

b)bad debt a/c     dr

  to debtor a/c

c) discounting charges a/c     dr

to b/r a/c

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