14 January 2009
31/12/07 debtors-10000 pbd is to be created - 2000 31/3/08 actual bad debts - 3000 31/7/08 bad debts recovered - 2000 whay entry would you pass in book of accounts ? forgot date
14 January 2009
no you will not pass this entry in your books only banks are allowed to provide provision for doubtful debts you will pass entry which are bad debts not pbd
CAclubindia
