Sir, I want to know whether provision for bad debts is a Real/Personal/Nominal account and reason for the same.
CA Triveni atchavelli (Associate Consultant) (27 Points)
24 September 2013Sir, I want to know whether provision for bad debts is a Real/Personal/Nominal account and reason for the same.
HARISH BANSAL
(student)
(229 Points)
Replied 24 September 2013
its a Nominal Account, because u have debited this account as an expenditure ......
Regards,
Harish Bansal
Hitesh Bansal
(Article/Audit Assistant)
(24 Points)
Replied 25 September 2013
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