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what is the difference between provision for bad debts and
reserve for bad debts?
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Answer Posted / suryanarayana rao
provision ofr bad debts is created for the current year and
it is added to bad debts and reserve for doubtful debts is
deducted from bad debts because it is maintained for in
last year.
| Is This Answer Correct ? | 5 Yes | 7 No |
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