In accountancy gr-II, Accounting For Banking Companies, what wil be the rates for "provision for bad debt"???
are the new rates applicable for nov '11???
vipul jain
(EFFORTS NEVER FAIL)
(2894 Points)
Replied 14 October 2011
Originally posted by : vikasgupta | ||
revise rate applicale for nov11 standard .40% sub standard 15% doubt ful up to 1 year 25% doubtful up to 3 year 40% doubtful more than 3 year 100% doubtful (unsecured) 100% loss assets 100% |
vikas new rates not applicable for nov. 2011 exams...read nov 2011 RTP.......u can also chk my post---chk dis link==
Deepak
(CA Final Student)
(357 Points)
Replied 14 October 2011
hey thanxx vikas n vipul.... i'd referred rtp, but a frnd of mine says, that the examination committee had amended its proposal and thus the new rates were applicable.... thereby, was simply confirming any further change.....
Thanx for the rep....
Deepak
(CA Final Student)
(357 Points)
Replied 14 October 2011
vikas.... rtp clearly states that the new rates are not applicable for nov '11....