entries will be recorded: Journal L. F. Bad debts A/c , To Sundry debtors A/c , (Bad debts written off) Profit & Loss A/c , To Bad debts A/c , (Bad debts debited to profit and loss account) Profit and Loss A/c , To Provision for doubtful debts a/c , (For creating provision for doubtful debts) Working Notes Provision for doubtful debts @ % of sundry debtors i.e. Rs. , – = , × =
📖 generic · CBSE Class 11 English medium · ACCOUNTANCY · Page 40poem
entries will be recorded:
Chapter 7: Depreciation, Provisions and Reserves · ACCOUNTANCY
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