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what is the journal entry for bad debts?

Answer Posted / dinesh bansal

FIRST THERE WILL BE PROVISION FOR BAD DEBTS RESERVE FOR
THREE YEARS AND THEN THE ENTRY WILL BE PASSED FOR BAD DBETS
RESERVED. I AM CONFUSED WHETHER IT'S A OPENING ENTRY OR
CLOSING ENTRY ?

Is This Answer Correct ?    42 Yes 9 No



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