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More cards in this set
Card 16
Front
What is put on the debit side of the provision for depreciation account?
Back
Card 17
Front
What is the reducing balance method of depreciation?
Back
Card 18
Front
How do you calculate depreciation using the reducing balance method?
Back
Card 19
Front
What is a bad debt?
Back
Card 20
Front
For bad debts which figure goes on the income statement?
Back
Card 21
Front
For bad debts which figure goes on the balance sheets?
Back
Card 22
Front
How would failing to write off debts effect the income statement and balance sheet?
Back
Card 23
Front
How do you record bad debts recovered in the ledger?
Back
Card 24
Front
Where are bad debts recovered recorded in the financial statements?
Back
Card 25
Front
What can be entered as additional income of the income statement?
Back
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