Answer Posted / shankar ganesh

P & L A/C DR XXXX
TO BAD DEBTS XXXX
(PROVISION FOR BAD DEBT)

BAD DEBT A/C DR XXXX
TO DEBTORS XXXX
(BAD DEBTS WRITTEN OFF) THIS IS DON FROM THE OLD PROVISION
MEANS LAST YEAR'S

IN P & L BAD DEDTS+FURTHER BAD DEBT IF ANY+NEW PROVISION
FOR BAD DEBT IF ANY-OLD PROVISION (LAST YEAR'S) WILL SHOWN
IN DEBIT SIDE. IN B/S DEBTORS-FURTHER BAD DEBTS-PROVISION
FR BAD DEBTS ON ASSET SIDE

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EXPAND_________SCM

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