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Bad Debts

This query is : Resolved 

29 January 2010 can any one guide me how to create Bad Debts

29 January 2010 If you want to make a provision for Bad Debts , then you can simply create it by making A debit to Profit & loss Account. But the Same is not allowed as a deduction till it is actually written off subject to certain conditions.

Other way is writing off the Asset.



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