We havent MAke Provision for bad debts frm lst yrs and this yr we want to clear off debtors & no hope fro recvery then what amt for bad debt account?

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Shazia Anees
19-May-2015

Accounting

Question ajoutée par Sakshi Jain
Date de publication: 2018/09/14

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par Thomas Chakku , Managing Partner , THOMAS CHAKKU & ASSOCIATES

The amount of bad debts depends on the age of receivables and very systematic assessment of each receivable by the accounts manager with the consultation with the sales team, collection team and the legal experts.

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We havent MAke Provision for bad debts frm lst yrs and this yr we want to clear off debtors & no hope fro recvery then what amt for bad debt account?

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