Provision for Doubtfull Debts

veerendra (F&A) (34 Points)

03 June 2024  

Hi,

In FY 2022-23 my Doubtfull Debts  ason 31-03-23 is Rs. 4.00 lacs and entry made

Dr. Provision for Doubtfull Debts 4.00 lacs  (PL)

Cr Bed Debts A/c                     4.00 lacs  (BS)

Now in FY 23-24 my my doubt ason 31-03-24 is Rs. 2.50 lacs, kindly advice for treatment entries in PL& BS FY 23-24. Thanks & Regards,