Bad Debts

This query is : Resolved

Shailesh (Querist)
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14 January 2009 31/12/07
debtors-10000
pbd is to be created - 2000
31/3/08
actual bad debts - 3000
31/7/08
bad debts recovered - 2000
whay entry would you pass in book of accounts ?
forgot date

CA Hemant T Dewani

CA Hemant T Dewani (Expert)
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14 January 2009 no you will not pass this entry in your books only banks are allowed to provide provision for doubtful debts
you will pass entry which are bad debts not pbd

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