Answer / syed mohd ziya

provisions are made for definite expected losses and
reserves are made to meet out the cotingencies.

bad debts- nominal nature- loss

all expences and losses are debited, gains are credited.

journal entry:-
profit and loss a/c Dr

To provision for bad & doubtfull debts

2- bad debts a/c Dr
TO debtors a/c

Answer / arun

profit and loss account

Answer / sumit goyal

Provision for bad debts a/c Dr.
To Debtors


Profit & loss a/c Dr
To Provision For bad debts

Answer / priyul

Profit & loss a/c debit
to provision for baddebts

Answer / manikandan

1. Provision for Bad Debts

P&L a/c Dr
To Provision for Bad Debts

2. When we are closing
Provision for bad debts a/c Dr
To Debtors

bills of exchange

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