yayimi9
yayimi9 yayimi9
  • 18-12-2021
  • World Languages
contestada

what is the behaviour provision for doubtful debts in P & L account​

Respuesta :

tom801 tom801
  • 17-01-2022

Answer :

If provision for doubtful debts given in Trial Balance then it's known as old provision and ,

if provision for doubtful debts given in adjustment then it's new provision

In P & L account

New provision is added to Bad Debts

and old provision less from Bad Debts

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