Analyst Questions

World Radio Day is observed on 13th February every year. The Day is organised by UNESCO. This Day is celebrated for 1st time in 2012.

World Radio Day 2019 theme is "Dialogue, Tolerance & Peace".

A partnership is a form of business where two or more people share ownership.

The hormone that helps plants respond to drought is Abscicic acid.

During world war II, Germany was a member of the Axis powers.

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.