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How do we treat Bad debts... how to create
provision/reserve for bad debts? show an example journal...
for creating provision and then writting off debtors
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Answer Posted / harsha
the journal entry is
for bad debts journal entry
baddebts account dr
to debtors account
for provision for baddebts
bad debts account dr
to provision for bad debts
for writting of
provistion baddebts a/c dr
to baddebts account
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