specific provision for doubtful debts

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specific provision for doubtful debts

general allowance are created on the estimate that a certain part of our recievables will not be recovered they are created on the basis of historical annalysis of recievables due to the subjectivity involved in.,For example, the company may analyze write-offs from the prior accounting year when establishing general provisions for doubtful accounts in the current year. When a write-off is used for clearing a specific account, the amount is transferred to bad debt ,Generally speaking, general provision for bad debts is not deductible because the composite debtor and the related recovery action cannot be substantiated. As regards specific provision, the taxpayer must be able to prove that such debts have become irrec,Recoverability of some receivables may be doubtful although not definitely irrecoverable. The allowance for doubtful debts is created by forming a credit balance which is deducted from the total receivables balance in the statement of financial position. ,大量翻译例句关于"specific bad debt provisions" – 英中词典以及8百万条中文译文例句搜索。 , Later, when you identify a specific customer invoice that is not going to be paid, eliminate it against the provision for doubtful debts. This can be done with a journal entry that debits the provision for doubtful debts and credits the accounts receivab,Attempts at negotiation or arbitration of a disputed debt have failed and the anticipated cost of litigation is prohibitive. ▫. Any other circumstances where there is no likelihood of cost effective recovery. 2. Specific Provision For Bad Debts. Provision,所謂Debtors' balance 係指在31 December 已經減咗Bad debts 嘅剩餘額,其中有兩項問題款項:$300 bad debt to be written off 同Specific provision $1,200, 要做調整。 Provision 本身分兩種:Specific 同General。Specific 係指已經確認有問題而General 係指其他未出現問題不過做定準備。因此在計算General provision 嘅時候你要 ... ,Specific Provision for Doubtful Debts = 特別壞帳計提撥(準)備。如應收帳款有$120,而其中有一客户所欠之款項$35可成為壞帳,恐不可收回,則按會計審慎(Prudence)原則,須計提壞帳撥備$35.故應收帳款在資產負債表上列為$85. 如不是specific provsion, 假設壞帳佔計為總數之5%,則General Provision 為$6,故應收帳款在資產負債 ... ,你兩條式都不對,因為你還要考慮去年provision for bad debts已有的$5,200 ,才能計算今年的入數。 今年在資產負責表中的provision for bad debts,是specific provision for doubtful debts 加上依照4%計算的provision. 4%計算的provision,是不包括bad debts 及specific provision for doubtful debts. 所以,provision for bad debts in&n

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specific provision for doubtful debts 相關參考資料
"Specific allowance" and "General Allowance" for Doubtful debts?

general allowance are created on the estimate that a certain part of our recievables will not be recovered they are created on the basis of historical annalysis of recievables due to the subjectivity...

https://www.bayt.com

General Provisions - Investopedia

For example, the company may analyze write-offs from the prior accounting year when establishing general provisions for doubtful accounts in the current year. When a write-off is used for clearing a s...

https://www.investopedia.com

Profits Tax - Bad debts - 飛鴻稅務顧問

Generally speaking, general provision for bad debts is not deductible because the composite debtor and the related recovery action cannot be substantiated. As regards specific provision, the taxpayer ...

http://www.rytc.com.hk

Provision for Doubtful Debts | Accounting & Example

Recoverability of some receivables may be doubtful although not definitely irrecoverable. The allowance for doubtful debts is created by forming a credit balance which is deducted from the total recei...

http://accounting-simplified.c

specific bad debt provisions - 英中– Linguee词典

大量翻译例句关于"specific bad debt provisions" – 英中词典以及8百万条中文译文例句搜索。

https://cn.linguee.com

The provision for doubtful debts — AccountingTools

Later, when you identify a specific customer invoice that is not going to be paid, eliminate it against the provision for doubtful debts. This can be done with a journal entry that debits the provisi...

https://www.accountingtools.co

Title TAX DEDUCTIBILITY FOR BAD AND DOUBTFUL DEBTS Section ...

Attempts at negotiation or arbitration of a disputed debt have failed and the anticipated cost of litigation is prohibitive. ▫. Any other circumstances where there is no likelihood of cost effective r...

http://arris-group.com

好難好難的LCCI 2 Bad Debts | Yahoo 知識+

所謂Debtors' balance 係指在31 December 已經減咗Bad debts 嘅剩餘額,其中有兩項問題款項:$300 bad debt to be written off 同Specific provision $1,200, 要做調整。 Provision 本身分兩種:Specific 同General。Specific 係指已經確認有問題而General 係指其他未出...

https://tw.answers.yahoo.com

想問問大家specific provision for doubtful debts的中文意思和中文解 ...

Specific Provision for Doubtful Debts = 特別壞帳計提撥(準)備。如應收帳款有$120,而其中有一客户所欠之款項$35可成為壞帳,恐不可收回,則按會計審慎(Prudence)原則,須計提壞帳撥備$35.故應收帳款在資產負債表上列為$85. 如不是specific provsion, 假設壞帳佔計為總數之5%,則General Provision 為$6,故應收...

https://tw.answers.yahoo.com

會計問題about provision for bad debts | Yahoo 知識+

你兩條式都不對,因為你還要考慮去年provision for bad debts已有的$5,200 ,才能計算今年的入數。 今年在資產負責表中的provision for bad debts,是specific provision for doubtful debts 加上依照4%計算的provision. 4%計算的provision,是不包括bad debts 及specific provis...

https://tw.answers.yahoo.com