AIEEE Questions

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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.

The celebrated novel the godfather was authored by Mario Puzo.

The Suez Canal is considered to be an important link b/w the developed countries and the developing countries. It is a sea-level waterway in Egypt, connecting the Mediterranean Sea to the Red Sea Constructed by the Suez Canal Company between 1859 and 1869.

Smallest particles of matter are known as quarks and leptons that seem to be the fundamental building blocks. This is too small to measure but bigger than 0. This is ofen consider as fundamental building blocks and something even smaller.

India has withdrawn the Most Favoured Nation status from Pakistan after Palwama Attacks on 14th February 2019.