Disclosure of provision for bad debt in balance sheet

A/c entries 1911 views 1 replies

Hello Members,

What would be the entry for Provision for bad and doubtful debt and disclosure of same.

Thanks in Advance

Replies (1)

Provision for Bad & doubtful debts a/c Dr.

To Profit & Loss Account.

and in Balance sheet to be shown as minus from Sundry Debtors.


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