Difference
This query is : Resolved
G.S. Arora
(Querist)
22 April 2013
What is the difference between provision for bad debts and provision for doubtful debts?
CA Vikas Acharya
(Expert)
22 April 2013
no difference
G.S. Arora
(Querist)
23 April 2013
there is difference.
CMA Ramesh Krishnan
(Expert)
25 July 2013
Provision for Bad debts - it is confirmed bad debt which unable to recover
Provision for Doubtful debts - It is not confirmed. may recover or may not
how ever the treatment in accounts same only
Provision for Doubtful debts - It is not confirmed. may recover or may not
how ever the treatment in accounts same only
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