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What is reserv for doutfull debts and how it was treated?

Answers were Sorted based on User's Feedback



What is reserv for doutfull debts and how it was treated?..

Answer / varun bijlwan ( student xiith

i is a reserve created by the firm or company to escape
from bad debt

Is This Answer Correct ?    2 Yes 0 No

What is reserv for doutfull debts and how it was treated?..

Answer / dharmesh sati

Reserve for Doutfull Debts is provision against Bad Debt
means (Amount showing as receivable in books of account not
not sure that it will received or not from the customer).

Is This Answer Correct ?    2 Yes 0 No

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