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(Querist)
22 April 2013 What is the difference between provision for bad debts and provision for doubtful debts?
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
22 April 2013 no difference
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G.S. Arora

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G.S. Arora (Querist)
23 April 2013 there is difference.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
25 July 2013 Provision for Bad debts - it is confirmed bad debt which unable to recover

Provision for Doubtful debts - It is not confirmed. may recover or may not

how ever the treatment in accounts same only

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