Forums

Final accounts

Accountancy

Is provision for bad and doubtful debts a debit balance or credit balance?? What is the impact of this in p&l a/c and balance sheet??


Pooja .

Pooja .

CA Inter

210

29-Sep-20 12:56

370

Answers (1)

In P&L a/c provision for debtors is debited and in balance sheet it is deducted from debtors


Ankush R

Ankush R

CA Inter

33K+

29-Sep-20 13:02

Offer