100+ Balance b PowerPoint (PPT) Presentations, Balance b PPTs

Balance b - PowerPoint PPT Presentation

Why Record Transactions?

Why Record Transactions?. To have a systematic recording of transaction ? analyze ? report to users Items that goes to Balance Sheet (Asset, Liability & Equity) To know to financial position ? how much your assets, the amount owe to others and the money that business owns (equity)

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440 views • 31 slides

Bad debts and Provision for Bad debts

Bad debts and Provision for Bad debts. Bad Debts. When the firm finds that it is impossible to collect a debt, that debt should be written off as a bad debt. Accounting Entries:. Dr Bad Debts Cr Debtor. With the irrecoverable amount of a debt. Example.

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547 views • 18 slides

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Balance b - PowerPoint PPT Presentation

Why Record Transactions?

Bad debts and Provision for Bad debts