IndigoLearn

Accounts

Sir, is this statement true or false

Attachments

doubt in accounts 2.pdf


siva chaitanya

siva chaitanya

CA Foundation

1K+

18-Jan-21 22:38

23

Answers (2)

False It is either debited to bad debts a/c or p and l a/c


Abhishek Purohit

Abhishek Purohit

CA Inter

6K+

19-Jan-21 07:32

False It is either debited to bad debts a/c or p and l a/c

Yes, Provision for bad debts is debited to Profit and loss Account, in Balance Sheet it is shown either on liability side or deducted from the head Debtors.


sudha reddy

sudha reddy

Moderator

19-Jan-21 08:36