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How to treat the provision for bad debts which appear on
credit side of the p&L A/c.
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Answer Posted / chaitanya
Bad debts is the cause for creating provision for
baddebts,when a person feels the amount cannot be returned
then its going to be a baddebt,as a precautionary measure
he opens a provision for baddebts for fullfilling a minimum
amount with himself.so obviously we hae to show baddebts
on debit side of P&l a/c and provisions on credit side of
p&l a/c.
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hi this is sharath,from hassan ,karnataka.,., i am caled for t interv on 28th may 2009, 12 noon, at foll location.,. STATE BANK OF MYSORE STAFF TRAINING CENTRE 104/105 7TH MAIN ROAD JAYALAKSHMIPURAM MYSORE-570012. anybody who is also attendin the same interview please reply me .,.,. i am in my final yr BE EnC,MCE hassan, i wold like to know more about the interview .,., please do reply.,.,. yours friendly, sharath kumar, sharath.syss@gmail.com
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