Debtors of rupees 2,000 will be written off as bad debs and provisions of 5% on debtors for bad and doubtful debts will be maintained?

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If the provision for doubtful debts is not created, which of the following entry...
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Shazia Anees
19-May-2015

MySQL 4 5 Accounting Finance

Question added by rahul kayande
Date Posted: 2018/12/12

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GIRIDHAR BABU GALI

by GIRIDHAR BABU GALI , Finance Controller , Microcom Solution Private Limited (Offshore division of Microexcel Inc

All bad debts should be routed through Provision for Bad Debts (B/S a/c) when your accounting policy states to maintain 5% provision for bad debts.

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