Provision entry

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Padam Singh

Padam Singh (Querist)
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17 September 2012 Hi,

Can any one tell me entry of Provision for bad debts (both entry)

Thanks

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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17 September 2012 while creating provision

Dr:Provision for Bad debts
Cr: Sundry Debtors

While actual bad debts happening

Dr: Bad Debts
Cr:Provision for bad debts

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Provision entry

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