Question
Which category do Bad debt fall
under?ÂSolution
Bad debts are classified as selling overheads because they are costs that arise from extending credit to customers, which is part of the sales process. These debts are recorded when customers fail to pay the amounts owed, impacting the overall expenses related to selling products.
Net working capital is defined as?
What does distributive justice focus on?
Consider the following Statements and choose the option with correct Statements.
I- Ministry of Consumer Affairs, Food and Public Distribution...
ABC Ltd has declared dividend for the year 2024-25. As per the Companies Act, the amount of dividend should be deposited in scheduled bank within _____ ...
Which financial sector regulatory body in India celebrated its anniversary on April 12?
How are rights and duties related?
Consider the following for Q Co. for the year 2021-22:
• Cost of goods available for sale: ₹1,00,000
• Total sales: ₹80,000
Which theory of motivation assumes that workers can exercise self-direction and self-control, and that imagination, ingenuity, and creativity are widesp...
How much did fourteen states and union territories (UTs) raise at the weekly state bond auction, and which state raised the highest amount?
Trade Payables are ₹50,000, Working Capital is ₹18,00,000, and Current Liabilities are ₹6,00,000. Calculate the Current Ratio.
