CAT Questions

---

Bad debts expense often refers to the loss that a company experiences because it sold goods or provided services and did not require immediate payment. The loss occurs when the customer does not pay the amount owed. In other words, bad debts expense is related to a company's current asset accounts receivable.

You have already recorded the Rs. 100 in your accounts receivable, and you need to eliminate that amount. As you use double-entry accounting, you must record a Rs. 100 credit to your accounts receivable and a Rs. 100 debit to your allowance for doubtful accounts or your bad debts expense column.

Lens is made up of Flint glass.

Acceleration is nothing but the rate at which velocity changes over time.

Both State and Local governments are responsible for regulating noise pollution. Noise pollution refers to the high noise level that we can not bear.

Word processing, Spreadsheet and Photo editing are examples of Application Software.