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Sir, is this statement true or false

doubt in accounts 2.pdf

siva chaitanya

CA Final

★ 13K+

18-Jan-21 22:38

584

Answers (2)

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

Abhishek Purohit

CA Inter

★ 10K+

19-Jan-21 07:32

Abhishek Purohit

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

CA Final

★ 20K+

19-Jan-21 08:36

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