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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

★ 0

29-Sep-20 12:56

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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 Foundation

★ 21K+

29-Sep-20 13:02

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