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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 .
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
★ 33K+
29-Sep-20 13:02