Please let me know the entries for "Provision for bad debt" & "Bad debt" for current & next finantial year.
Thank you
Menu
Accounting entry of provision for bad debt
Replies (1)
(1)Current year:-
creating provision:
* P & L a/c Dr.
To provision for bad debts
(2) next year
writing off bad debts
* Bad debt a/c Dr.
To Debtors
* provision for bad debt a/c Dr.
To Bad debt
Recent Topics :
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Generate E-Way Bill for 4 Nos. Suppliers Involveme
Related Topics :
CAclubindia
