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How to treat the provision for bad debts which appeared on
the credit side of the P&L A/c?
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Answer Posted / srivalli
Bad debts will be written off by the company as an expense.
so, it will taken on the Dr side of P&L account where as
reserve for baddebts is taken on the Income side i.e on cr
side of P&L account. In the B/S baddebts will be deducted
and the reserve shall be added to the Debtors.
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