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hansraj college 2015
Bachelor of Commerce (B.Com.)
ICAI 2018
CA
IGNOU 2021
Master of Commerce (M.Com.)
Krishna Nagar, Delhi, India - 110051
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Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in BCom Tuition
4
BCom Subject
Indirect Tax Laws, Income Tax Laws, Business Taxation, Financial Management, Accounting Information Systems, Auditing and Corporate Governance, Corporate Tax Planning, Corporate Accounting, Business Mathematics and Statistics, Cost Accounting, Financial Accounting, Financial Analysis and Reporting
Type of class
Regular Classes, Crash Course
Class strength catered to
One on one/ Private Tutions, Group Classes
Taught in School or College
No
Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 12 Tuition
6
Board
CBSE
Preferred class strength
One on one/ Private Tutions, Group Classes
Subjects taught
Accountancy, English, History, Environmental science, Mathematics, Hindi, Entrepreneurship, Geography, Home Science, Political Science, Legal Studies, Business Studies
Taught in School or College
No
Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 10 Tuition
4
Board
CBSE
Subjects taught
English, Elements of business, Mathematics, Accountancy, Social Science
Taught in School or College
No
Answered on 10/12/2018 Learn CBSE - Class 11/Accountancy
Ask a Question
Post a Lesson
Bad debts-
Meaning- Those debtor who have bankrupt nd not paying the dues eg. You hv made crefit sale of 10000 the debtor is not paying you total or partial amount.
Understanding -
Bad debt can only occur in credit sale
Law does not require reason that why debtor is not paying (there can be reason that he has gone bankrupt or not traceable)
fact that you have credited sale to p&l when you made that sale and now you are debiting the p&l is the only requirement.
It is actual bad debt
Application-
Directly dr p&l if no prov. Made
If prov us given in book for bad & doubtful debt then dr that actual bad debt therefrom
Bad & doubtful debt -
Meaning - debtor who are not denying to pay the amount or may result bad debt in future. Eg- You made cr sale of 10000 and asked party to pay, the party is not denying but not evn payng
Understanding-
Occur in cr sale
Not actual bad debt but you presume that debtor will not pay ( eg market goodwill of debtor not good or he is goin to liquidate)
Application-
Dr p&l with the amount that you think party will not pay . In above eg 10000
Like 0 
Answers 12 
Comments Ask a Question
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Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in BCom Tuition
4
BCom Subject
Indirect Tax Laws, Income Tax Laws, Business Taxation, Financial Management, Accounting Information Systems, Auditing and Corporate Governance, Corporate Tax Planning, Corporate Accounting, Business Mathematics and Statistics, Cost Accounting, Financial Accounting, Financial Analysis and Reporting
Type of class
Regular Classes, Crash Course
Class strength catered to
One on one/ Private Tutions, Group Classes
Taught in School or College
No
Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 12 Tuition
6
Board
CBSE
Preferred class strength
One on one/ Private Tutions, Group Classes
Subjects taught
Accountancy, English, History, Environmental science, Mathematics, Hindi, Entrepreneurship, Geography, Home Science, Political Science, Legal Studies, Business Studies
Taught in School or College
No
Class Location
Online class via Zoom
Student's Home
Tutor's Home
Years of Experience in Class 10 Tuition
4
Board
CBSE
Subjects taught
English, Elements of business, Mathematics, Accountancy, Social Science
Taught in School or College
No
Answered on 10/12/2018 Learn CBSE - Class 11/Accountancy
Ask a Question
Post a Lesson
Bad debts-
Meaning- Those debtor who have bankrupt nd not paying the dues eg. You hv made crefit sale of 10000 the debtor is not paying you total or partial amount.
Understanding -
Bad debt can only occur in credit sale
Law does not require reason that why debtor is not paying (there can be reason that he has gone bankrupt or not traceable)
fact that you have credited sale to p&l when you made that sale and now you are debiting the p&l is the only requirement.
It is actual bad debt
Application-
Directly dr p&l if no prov. Made
If prov us given in book for bad & doubtful debt then dr that actual bad debt therefrom
Bad & doubtful debt -
Meaning - debtor who are not denying to pay the amount or may result bad debt in future. Eg- You made cr sale of 10000 and asked party to pay, the party is not denying but not evn payng
Understanding-
Occur in cr sale
Not actual bad debt but you presume that debtor will not pay ( eg market goodwill of debtor not good or he is goin to liquidate)
Application-
Dr p&l with the amount that you think party will not pay . In above eg 10000
Like 0 Answers 12 Comments Ask a Question
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