What is provision entry for Bad Debtors?
Answer / sandeep
bad debts a/c Dr
To Prov for bad debts a/c
by posting this entry we create a provision, so it is credited and bad debts is debited so that bad debts is reduced by equivalent amount.
| Is This Answer Correct ? | 6 Yes | 0 No |
1. how can see that how much the vendor is owed 2.how do u reverse a MIRO invoice 3. how do u pay vendor in foreign currency
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