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What else can I help you with?
When there is an allowance for bad debts on the balance sheet the journal entry for writing off an account receivable is?
debit bad debtCredit allowance for bad debt
Should parents be responsible for their kids behavior?
Yes, if the parent has a close connection/relation with the child often. nd there is no bad external infulences.
Allowance for Bad Debts vs bad debt expense?
An allowance for bad debt is essentially a reduction in a bank's accounts receivable. The allowance for bad debt equals the amount of the banks loans that it does not expect to collect.
Should bad kids get recess?
No! BAd boy!
Is it true when using the allowance method of accounting for uncollectible accounts the entry to record the bad debt's expense's is a debit to Bad Debts Expense and a credit to Account's Receivable.?
No while using allowance method, bad debts are charged to allowance for bad debts account rather charging the accounts receivable because accounts receivable was already charged with allowance when it was created.
Under the allowance method Bad Debt Expense is recorded?
Under the allowance method bad debt expenses are charged to allowance for bad debts accounts instead of profit and loss account because profit and loss account is already charged with the allowance amount created.
Should Jr High kids be allowed to say bad words?
No, Jr. High kids should not be allowed to say bad words.
What do bad kids in Germany get from St Nick for Christmas?
In Germany, bad kids may receive a bundle of sticks or a lump of coal from St. Nick as a reminder to improve their behavior for the following year. This tradition aims to encourage children to be on their best behavior.
Who to blame for kids bad behavior?
you blame the parents because their the ones who teach you good from wrong
Where the allowance for bad debts goes in balance sheet debit or credit?
The Allowance for bad debts will go the on the debit side of the Balance Sheet. If total debtors are 20000 and 5% is allowed as allowance for bad debts then 19000 will be shown as debtors and 1000 will be shown as allowance for bad debts in the debit side of the Balance Sheet. When the bad debts actually occur for e.g. if next year bad debts of 500 actually turn out, then the allowance will be reduced by Rs. 500 and the bad debts will be shown in the Dr. Side of Profit and Loss Account.
How can a teenager get some money if his mother won't let him get a job?
If a teenager's parents will not allow him to have a job, he should ask for a weekly allowance. If they will not give him an allowance, he could try to do chores and odd jobs for friends and neighbors to earn some spending money. If there is a specific reason that the parents will not allow him to have a job, such as poor grades or bad behavior, he should concentrate on changing those things and set up a deal with his parents on how much improvement he needs to make before being allowed either a job or an allowance.
Should junk food be banned for kids?
yes. because it is bad for the health of the kids
